Finally A Good News Real Estate Article!!

Wow! Finally an article talking about real estate in a positive way! Opportunity abounds for some people.

An article in the Boston Globe talks about keeping the real estate opportunities on Cape Cod quiet. The author is trying to find a house to buy and she doesn't want to compete with others going over the bridge. It is a long time coming, but the tide of reporting may be changing!

I have been making offers for buyers for months now. Other agents report they are showing more homes and getting more under agreement. There are some slow price ranges, but there are many ranges that are very active.

While foreclosure activity isn't over yet, there are many who aren't affected negatively and are in a position to buy. Just like the stock market, when things are down it is a good time to seriously look at buying - and there are many "buyable" properties on Cape Cod!

 

3 Comments on Finally A Good News Real Estate Article!!

Hi Heath

We have seen a pick up here in the market..... with the localgloom and doom news influencing people away from buying.

I actually had a lender tell a client that it was not a good time to buy from one of those large national banks. I told my client that I am sure that he did loans in the hype of the market that had a great influence on the problems that we have now.

03/29/2008 11:32 AM by Tucson Real Estate Experts Anne and Eddie McKechnie (Coldwell Banker Residential Brokerage)

Thanx for the note Anne and Eddie.  Some lenders don't understand the phrase "bite the hand that feeds you."

03/29/2008 12:08 PM by Heath Coker, Broker Owner (Cape Group Real Estate & REindex.com)

I sure hope that you're right Heath that the real estate market will be turning for the better now. The weather I hope is turning towards warmer temps and April is here just next week. The market has come back to realty price wise. Of course you would agree that prices just a few years ago were out of proportion. So I agree that there are plenty of very good deals on Cape Cod. The mortgaging industry has to realign itself as well back into reality. Yes the journalists that people read do have a lot of influence in what people buy in real estate.

http://www.activerain.com/sdw1

03/29/2008 12:35 PM by Stephen D White, E-Pro, ABR Cape Cod Realtor® (Ocean Blue Realty llc)

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Real Estate Agent: Heath Coker, Broker Owner (Cape Group Real Estate & REindex.com)
Heath Coker, Broker Owner
Falmouth, MA
More about me…
Cape Group Real Estate & REindex.com

Office Phone: (508) 548-8888
Email Me
National/Local real estate topics, and Real Estate and the Internet topics. I write about the real estate business on Cape Cod and about the Internet. I own both a real estate company and a national website that helps other listing agents and brokers get their site found at no cost to them. I make a living listing and selling real estate.

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