Cape Cod Homes and Condos for Sale Springtime Buzz

Springtime on Cape Cod is finally here and there are alot of buyers out there looking at Cape Cod homes and condos for sale. As you can see in the picture above Cape Cod is really starting to blossom and on the drive to Brewster everything is a bit more colorfull. This is such an exciting time of year. The weather has been warming up, flowers and trees are blooming and the traffic has picked up. We have seen a large increase in buyers coming down to look at homes and condos for sale on Cape Cod. Now is a great time to buy real estate on the Cape. Prices are down, sellers are willing to negotiate and the interest rates remain very low. Also, there are some fantastic real estate deals out there for first time home buyers. There is the $8000 credit to first time homebuyers, great income based rates, and much more. To be considered for the first time homebuyer property you have to not have owned property in the last 3 years. Cape Cod short sales remain popular however be ready to wait 3-4 months for an answer. Spring is in the air on Cape Cod and this weekend is the Brewster in Bloom festival, so come on down and enjoy all the new colors and look at some great deals on homes and condos. I have been seeing some great prices on Ocean Edge Resort in Brewster as well. Check out my website to get more information and sign up on my Cape Cod MLS to have full access to all properties currently for sale on Cape Cod. Just go to www.capecodrealestatebydan.com and click on Cape Cod MLS and fill out your search criteria. Have a wonderfull day and cannot wait for what the days ahead hold.

Cape Cod Real Estate Videos

The following is a video of one of my newest listings on 135 Sturbridge Way in Brewster, Cape Cod. You tube is one of the top search engines for Real Estate and video tours of homes and locations are becoming more and more popular. If you would like to view listings for sale on Cape Cod go onto my website at www.capecodrealestatebydan.com and go to Cape Cod MLS and have access to all the listings on Cape Cod.

Cape Cod Real Estate Short Sales

Cape Cod Real Estate short sales are becoming more and more prominant on Cape Cod. I am seeing some fantastic opportunities for people to be able to invest in condos and homes for sale on Cape Cod by taking advantage of short sales and bank owned properties. The majority are located in Barnstable county close to a wide array of beaches, great restaurants and shopping. I am seeing alot of properties come on the market at under $200K which is unheard of 3 years ago. I showed a short sale in hyannis the other day that has been on the market 3 days and already had 7 offers and 11 back up offers on the table, so our real estate market is very active. People are out there investing in Cape Cod real estate. If you want to see what is currently on the market go to my website at www.capecodrealestatebydan.com and click on search the cape cod mls. Here you will be able to search all properties for sale on cape cod and be able to sign up for daily alerts notifying you of newly listed properties. It is important to be ready to act fast when you see a property you like as there are alot of clients out there shopping. Anything I can do to answer any questions about bank owned or short sale properties on cape cod please get in contact with me.

Cape Cod Interest Rates and Vacation Property

Cape Cod Springtime,

Real estate is really starting to spring into action on Cape Cod. The sun is shining and I am even starting to see some buds blooming. That means summer is just around the corner, are you ready for summer? Cape Cod interest rates continue to remain very low, and for the first time in years we are not only seeing the 30 and 15 year fixed rates low, but we are also noticing that the jumbo interest rates are now under 6%. That's right...Cape Cod Five Bank in Orleans and Brewster are now offering a 7/1 arm jumbo for 5.625%. That means that those of you who are looking for your Cape Cod waterfront home, or even a home within walking distance to any one of cape cod's beautiful beaches, now more than ever is the ideal time to invest. The cape cod rental market remains very strong for properties all within 3/10ths of a mile to the beach. That also means when you are not using your second or investment property you will be able to rent out your home and help cover your operating costs. We have seen property values for waterfront and cape cod homes for sale within close proximity to the beach come down in price, making them affordable as ever. Don't delay because the springtime on Cape Cod is the prime buying season and there are alot of people out fishing for deals right now. Go to my website to be able to search the Cape Cod MLS for free and sign up for daily updates to get the upper hand on any new listings that meet your criteria. You can also call or email me to pick my brain. I am always happy to offer my advice. Take care for now and happy home shopping.

Cape Cod Real Estate Homes for Sale

Cape Cod Real Estate Homes for Sale....... Talk about deals....There are some fantastic homes and condos for sale out there right now, and with interest rates continuing to drop now is a fantastic time to invest in real estate on cape cod. There are currently 537 homes for sale on Cape Cod listed under $300,000, and 489 condos for sale on Cape Cod listed under $300,000. Todays interest rates are showing 5% for a 30 year fixed, and 4.5% for a 15 year fixed. These figures were quoted from the Cape Cod MLS and Cape Cod Five Bank. This means if you were to obtain a mortgage for $200k for 30 years the monthy http://capecodrealestatebydan.com

payments would be $1073 per month and a 15 year would be $1529 per month. The goverment is also looking into lowering rates even further that could bring 30 year rates down to 4.5% or even 4%. Think about how amazing this would be. What an opportunity to be able to take advantage of. Just months ago we were seeing 30 year fixed rates at 6.25% which added an additional $200 per month onto mortgage payments, $2400 more a year. Figure that into the dropping home prices that we have seen over the last year. Cape Cod homes and condos were selling and listing for over $300k in general and today we are seeing them list in the low $200K's. Now, figuring in that you are able to get a great deal on a home or condo and a fabulous interest rate consider renting it out. Cape Cod rentals are doing well this year despite the economy and I think we wil continue to see people vacation to the Cape for years to come. People who were taking the exotic and trips to far away places will start to pull back the reigns and stay more local. Cape Cod has been a classic vacation for decades and many people remember coming to the Cape with their parents and spending sunny days on the beach. Rental rates are reasonable and there is a huge populace of people located within a tank of gas. You will be able to enjoy a 8-10 week rental season providing you with extra income to cut down your mortgage payments. Also, not only will you enjoy the extra income from your rentals you will also be able use your home or condo for tax advantages. Talk to your accountant of all the benefits you will receive from owning a second home or rental property. You can fix up your home or condo a little at a time with the funds from your rentals and when it makes sense stop renting and enjoy your newly renovated home. There are alot of deals to take advantage of right now on Cape Cod and now is the perfect time to act. You don't want to be on the fence and just continue to wait until the time is right because by the time you wait it could be too late. And believe me I hear it all the time, I wish I would have bought that home at xyz when I had that chance. You will never be able to time the market, but what I do know is that rates are at an all time low, home and condo prices are down considerably from over the past years and the rental market is strong. If you see something you like you should buy it.. seize the day. Prices will rebound. So don't waste any more time get a hold of me and lets start getting you ready to make a great investment into not only yours but your families future. Take care and good luck.

Buying a Second Home on Cape Cod

Cape Cod Real Estate is a unique market that is not feeling as much pinch as the rest of the country. Being a vacation destination there are many advantages to owning a second home or condo on the Cape. Great Locations Real Estate has been renting and selling real estate for over 19 years. One of their specialties are renting out peoples homes and condos. A great advantage to owning property on the Cape is that your are able to rent out your home or condo when you are not using it. You can usually expect 10-14 weeks of rentals depending on location, size and time of the year. This is a great benefit and will help you pay most of the expenses of owning a second home minus the mortgage. Also the money you gain from rentals you can re-invest into your home to make any needed improvements so when it comes time to retire or use it exclusively for yourself you will have a fully renovated home paid for by your renters. Another added benefit comes from your tax advantage of owning a second home, and rental home. Get a hold of your tax adviser to talk to him about all the benefits you will be able to obtain by investing in a second home. Alot of people think they are unable to afford a second home, but the reality is that it is much more affordable than you think it is. We have seen about a 23% decrease in median listing price since 2005. The market is prime for buyers to come in a grab a great investment for the future. If you have been sitting on the sidelines waiting for the right time to pull the trigger, start your search now and make it happen within the next year. Cape Cod is a beautiful spot and will remain a top destination among New Englanders for many years to come. So take the time to seriously look into a great investment into your future with a cape home. Best wishes to all and have a great day