Happy Holidays to all visitors to my blog. I hope you enjoy my real estate ramblings and maybe even pick up a little information. I would like to hear from you so if you get a chance to share your feelings about the real estate market or have any comments please feel free to share them.
I am seeing changes now and I predict next year to stabilize. We here at Cedrone and MacDonald R.E. are approaching another year and we are certainly glad we are an Internet savvy company.
Wow! The trend to new home ownership is really the Internet, and with our over 80 websites we are in a terrific position to give great advantage to our seller’s by getting their properties viewed by a huge volume of real estate purchasers.
Just last month we worked with client from Bermuda who purchased a million dollar home on Cape Cod, and this trend is quickly becoming the norm. With all the information available to home buyers, they are quickly educated on the market to which they are shopping and if sellers price their house at fair market value they will sell it. Gone are the days of overpricing a house and waiting for the market to catch up. Today if you price the house right the first time it will sell for what the property is worth and not a dollar more. Buyers are surfing the internet for knowledge as well as to find that perfect home so if your house is listed and it is worth $300,000 then you better not have it listed at $350,000 because these savvy buyers aren’t biting.
Fair market value is just that, a fair price to sell and a fair price to buy, and buy they will at FAIR market value.
What a time to invest in our local markets. The prices are great, there are low interest rates and a variety of homes for sale to choose from. Mostly every budget can find a perfect match! For more information on the market in your area just visit any of our Cape Cod real estate such as in Bourne, Falmouth, Yarmouth and Dennis and on the South Shore websites in Middleboro, Plymouth, Wareham and Duxbury and enjoy the “surf”!
Friday, December 7, 2007
Saturday, October 27, 2007
Don’t worry, be OPTIMISTIC! - Cape Cod real estate, Wareham real estate, Middleboro real estate and Plymouth real estate
Don’t worry, be OPTIMISTIC, like me!
With all the news about the declining market, buyers, sellers and Realtors are a little nervous. Well, I have good news because I think NOW is the time to sell and NOW is the time to buy.
Selling your home is easy as long as you price your house right. It is quite possible to sell your house in days, weeks or even months as long as you price your house at the highest the market will bare. It is possible that today’s market may not yield the same net as yesterday…but there is really no need to hold off. Holding off for the market to put more dollars in your pocket, could also work against you on the other end.
For instance, the price of your house in tomorrows’ market might just bring you an extra few thousand dollars. However the price of the next house you’re looking at just might cost you an extra few thousand dollars. In this case all that is happened is that you stay where you don’t want to be for a longer period of time. The trade value is relatively the same just different numbers.
Ex.(You sell house A for $300,000 and buy house B for $325,000. If the market climbs 5% you could sell house A for $315,000 and buy house B for $341,250. Did you notice how the second house went from costing $25,000 more to $26,250 more. Waiting in this scenario just cost you $1,250 more to purchase the same house not including if the mortgage rates creep up, then you really are paying a lot more and paying it for 15-30 years.)
Buying a house right now is terrific. Interest rates have remained reasonable and there are plenty of homes on the market to find the best match for most budgets.
This market is a win for buyers and sellers if you ask me. Good value for homes and manageable mortgage rates. What more could we ask for as buyers, sellers and realtors?
There is really no way of predicting the future the only sure thing is today.
With all the news about the declining market, buyers, sellers and Realtors are a little nervous. Well, I have good news because I think NOW is the time to sell and NOW is the time to buy.
Selling your home is easy as long as you price your house right. It is quite possible to sell your house in days, weeks or even months as long as you price your house at the highest the market will bare. It is possible that today’s market may not yield the same net as yesterday…but there is really no need to hold off. Holding off for the market to put more dollars in your pocket, could also work against you on the other end.
For instance, the price of your house in tomorrows’ market might just bring you an extra few thousand dollars. However the price of the next house you’re looking at just might cost you an extra few thousand dollars. In this case all that is happened is that you stay where you don’t want to be for a longer period of time. The trade value is relatively the same just different numbers.
Ex.(You sell house A for $300,000 and buy house B for $325,000. If the market climbs 5% you could sell house A for $315,000 and buy house B for $341,250. Did you notice how the second house went from costing $25,000 more to $26,250 more. Waiting in this scenario just cost you $1,250 more to purchase the same house not including if the mortgage rates creep up, then you really are paying a lot more and paying it for 15-30 years.)
Buying a house right now is terrific. Interest rates have remained reasonable and there are plenty of homes on the market to find the best match for most budgets.
This market is a win for buyers and sellers if you ask me. Good value for homes and manageable mortgage rates. What more could we ask for as buyers, sellers and realtors?
There is really no way of predicting the future the only sure thing is today.
Tuesday, June 12, 2007
Getting a piece of Cape Cod real estate may be easier than you think
It's a hot time for Cape Cod real estate! This is the time of year when
everyone is thinking about summer on the Cape. There is so much beauty on Cape Cod to fall in love with and all it has to offer.
Many people wish they could afford a home on Cape Cod and then some little voice in their heads tell them "forget it". So they forget it, because they don't think they can afford it. They think they need this huge down payment or that they need closing costs which equal roughly 3% the loan amount and they tell themselves to forget that dream home on Cape Cod.
Well I sure do wish the "forget Cape Cod" people would call me. It is so easy to get a mortgage now. You literally don't need any money accept to bind the offer, which in some cases is reimbursed at closing.
If you want to buy a house on Cape Cod, Wareham, Plymouth, Middleboro, or anywhere in Southeastern Massachusetts please call me. All you need is pretty good credit and a job. I remember years back when I first started in real estate, you needed A-1 credit and at least 5% down, closing costs and a good job that you had for at least 2 years. No longer. If you would like to purchase a piece of the American Dream, you can. There are about a "gazillion" programs to help people get into their first or vacation homes on the Cape.
Stop Forgetting It.....Start Getting It....your worth it.
everyone is thinking about summer on the Cape. There is so much beauty on Cape Cod to fall in love with and all it has to offer.
Many people wish they could afford a home on Cape Cod and then some little voice in their heads tell them "forget it". So they forget it, because they don't think they can afford it. They think they need this huge down payment or that they need closing costs which equal roughly 3% the loan amount and they tell themselves to forget that dream home on Cape Cod.
Well I sure do wish the "forget Cape Cod" people would call me. It is so easy to get a mortgage now. You literally don't need any money accept to bind the offer, which in some cases is reimbursed at closing.
If you want to buy a house on Cape Cod, Wareham, Plymouth, Middleboro, or anywhere in Southeastern Massachusetts please call me. All you need is pretty good credit and a job. I remember years back when I first started in real estate, you needed A-1 credit and at least 5% down, closing costs and a good job that you had for at least 2 years. No longer. If you would like to purchase a piece of the American Dream, you can. There are about a "gazillion" programs to help people get into their first or vacation homes on the Cape.
Stop Forgetting It.....Start Getting It....your worth it.
Friday, May 25, 2007
Cape Cod's Mashpee Wampanoag Tribe, gearing up for Casino
Wampanoag Tribal Chairman, Glenn Marshall of Mashpee came to Middleboro to answer questions about the proposed casino plans, to a sardine packed auditorium, filled with Middleboro residence. After leaving the informational only meeting on 5/22/07 on whether Middleboro was going to host a casino or not.
My personal opinion is that the casino is more likely to come than not and I think Middleboro should negotiate in the towns best interest with the Wampanoag's as soon as possible. My biggest surprise at the meeting was that the older people that have been around town the longest seemed more favorable to the casino then the younger "implants" for lack of a better term. Of course this observation was made with just the people that I spoke and/or heard from, but still I found it surprising. My crystal ball tells me in two years I'll be out on Precinct Street sitting at a black jack table and saying wow, it took me a lot less travel time to get here! After all, "if you build it they ( I ) will come."
What do you think? I would love to know!
Robin MacDonaldOwner/Broker
Cedrone and MacDonald Real Estate
robin@cedroneandmacdonald.com
See our Middelboro Real Estate web site
and our Cape Cod Real Estate web site
Phone: 508-947-2295
Wampanoag Tribal Chairman, Glenn Marshall of Mashpee came to Middleboro to answer questions about the proposed casino plans, to a sardine packed auditorium, filled with Middleboro residence. After leaving the informational only meeting on 5/22/07 on whether Middleboro was going to host a casino or not.
My personal opinion is that the casino is more likely to come than not and I think Middleboro should negotiate in the towns best interest with the Wampanoag's as soon as possible. My biggest surprise at the meeting was that the older people that have been around town the longest seemed more favorable to the casino then the younger "implants" for lack of a better term. Of course this observation was made with just the people that I spoke and/or heard from, but still I found it surprising. My crystal ball tells me in two years I'll be out on Precinct Street sitting at a black jack table and saying wow, it took me a lot less travel time to get here! After all, "if you build it they ( I ) will come."
What do you think? I would love to know!
Robin MacDonaldOwner/Broker
Cedrone and MacDonald Real Estate
robin@cedroneandmacdonald.com
See our Middelboro Real Estate web site
and our Cape Cod Real Estate web site
Phone: 508-947-2295
Thursday, May 17, 2007
Big News for Middleboro
As you may or may not have heard, there has been some very big land purchases recently in Middleboro.
Rumor has it that "CASINO" talk is going on. There was also a town meeting on Monday about it. My understanding is that Middleboro is third on the list on towns sought for the Casino, which if it comes will help (financially) build out 44 and get that nut off our table. After all we can't even afford our police and fire departments, oh yah they will most likely have to contribute there as well. Will we be in the mist of a condo empire to house the employees, what will happen to our schools if hundreds of more kids move in?
What would a casino do to small town Middleboro? Tell me what you think. My guess is at first it will probably inconvenience all of us. The traffic alone! But in the end will it help our economy? Will it decrease our taxes? Will our children be in little gangs? Will violence and big city problems follow? All this is hard to say but everyone has an opinion. What's yours?
I do know on the few occasions when I was entertained myself at Foxwoods, there were more MA license plates there then any other states as far as I could see. How much money is leaving our economy, millions and millions would be my guess. I know I left a couple bucks there, hence the reason I don't visit regularly.
I for one say, we need a casino, to keep Mass money in Mass, but do we need it in Middleboro? TELL ME WHAT YOU THINK, I WANT TO KNOW!
Rumor has it that "CASINO" talk is going on. There was also a town meeting on Monday about it. My understanding is that Middleboro is third on the list on towns sought for the Casino, which if it comes will help (financially) build out 44 and get that nut off our table. After all we can't even afford our police and fire departments, oh yah they will most likely have to contribute there as well. Will we be in the mist of a condo empire to house the employees, what will happen to our schools if hundreds of more kids move in?
What would a casino do to small town Middleboro? Tell me what you think. My guess is at first it will probably inconvenience all of us. The traffic alone! But in the end will it help our economy? Will it decrease our taxes? Will our children be in little gangs? Will violence and big city problems follow? All this is hard to say but everyone has an opinion. What's yours?
I do know on the few occasions when I was entertained myself at Foxwoods, there were more MA license plates there then any other states as far as I could see. How much money is leaving our economy, millions and millions would be my guess. I know I left a couple bucks there, hence the reason I don't visit regularly.
I for one say, we need a casino, to keep Mass money in Mass, but do we need it in Middleboro? TELL ME WHAT YOU THINK, I WANT TO KNOW!
Subscribe to:
Posts (Atom)
