Pre-foreclosures on Cape Cod (Provincetown, MA)

By
Real Estate Agent with http://www.CapeGroup.com & http://www.REindex.com 9023635

When I did some research on pre-foreclosures in Cape Cod towns on May 6, 2008, P-Town was one of the Cap Cod towns that had only a few properties in pre-foreclosure.  Only 1.3% of the 140,000(+-) homes on the Cape were at the stage of pre-foreclosure on that date.  Most homes on the cape are owner occupied, but in Provincetown almost 60% of the 2400 residential properties are second homes.  Most other communities on the Cape have less than half of their homes designated as second homes.  Commercial properties are not included in the pre-foreclosure data I found. 

Provincetown, MA is the farthest town out on Cape Cod, Massachusetts.  It is bounded by Cape Cod Bay, the Atlantic Ocean, and Truro.  Most of the properties in Provincetown are second homes (58%+-).  Provincetown is another one of the towns on Cape Cod that has lots of beaches.  This area of the Cape is known for its colorful summer tourists.  Even with its high second home percentage, Provincetown real estate had only 17 properties in pre-foreclosure when I ran my last report on May 6, 2008.

Provincetown doesn't have villages like other towns on the Cape.  Keep in mind these are PRE-foreclosures (as of 5/6/08) and some will not go to complete foreclosure. 

Provincetown  17

Next:     Dennis
Other Towns:  Yarmouth
                     Sandwich
                     Mashpee
                     Falmouth
                     Barnstable

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Massachusetts Barnstable County Provincetown
Groups:
Realtors®
USA Realtors
Tags:
barnstable ma real estate
the site engine
reindex
real estate on cape cod
falmouth ma real estate
provincetown ma real estate

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
616,846
Associate Broker Falmouth MA Cape Cod Heath Coker
http://www.CapeGroup.com & http://www.REindex.com - Falmouth, MA
Heath Coker Robert Paul Properties Falmouth MA

Thanx. Mind warp. Welfeet is coming up and Truro had none.  Thanx again for the note.

May 12, 2008 07:41 AM #1
Rainmaker
2,827,180
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I miss P Town and Truro and Wellfleet.....I have stayed in all of these lovely towns.  And yes, Provincetown during the summer is wonderful and colorful.

May 12, 2008 11:43 AM #2
Anonymous
Cape Cod wedding

Thank you for giving information about cape cod pre-foreclousres.

May 27, 2009 09:23 PM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
616,846

Associate Broker Falmouth MA Cape Cod Heath Coker

Heath Coker Robert Paul Properties Falmouth MA
Ask me a question
*
*
*
*
Spam prevention

Additional Information