cape cod real estate: Gloom & Doom? MAR Releases July 07 Stats - 08/24/07 07:35 AM
The Massachusetts Association of Realtors® has released July 2007 sales figures for Massachusetts with comparisons to July of 2006.
Despite the national media's reports of panic in the housing market, Massachusetts has experienced very little change over the same month last year. In fact, there has been some rather good news!
Single family home sales were UP 6.0%, with an increase in the median selling price of 1.3%. Not so bad! Condominium sales basically remained unchanged (-0.1%) and the median selling price increased 6.3%!
Despite the forecast of gloom and doom, interest rates are still at historical lows and sales are in most cases … (5 comments)
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cape cod real estate: Cape Cod/Sagamore Flyover Passes It's First Big Test! - 05/26/07 09:59 AM
Although one lane was closed between 12:30 and 1:30 due to a breakdown, The Cape Cod Times reports that the Sagamore Flyover is providing visitors to Cape Cod with decreased travel times. A good sign, especially with the price of gas! Not only that, but it's on time and under budget!
The "flyover" involved the elimination of the Sagamore Rotary which was designed for 1930's traffic of 40,000 to 50,000 cars per day rather than the up to 90,000 it was handling. It allows vehicles direct access to the Sagamore Bridge for travel further down Cape and redirects local traffic underneath.
Although navigating the … (10 comments)
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