Posted: October 31, 2016 by Edward Sanford
An Overall Healthy Sales Year
With nine months in the books, the Nantucket real estate market has continued its overall healthy sales momentum. Housing sales remain strong, with 292 sales as of September 30th. This is nearly a 26% gain over September 30, 2015. Land transactions have been lower all year compared to 2015, currently off 32%, but last year was one of the best sales years in a decade. Read more
You know that play in football where the quarterback seems to hand the ball off to a running back and the entire defense concentrates on that "runner," only to find that the ball ended up in the hands of someone on the other side, who then sprints down the sideline and scores a touchdown? That's pretty much what it's like to buy a home during the holidays. While everyone is busy looking at all the pretty, shiny things and on-sale things and yummy things, you're sneaking around the other side with the ball, or, rather, the offer, that gets you the house you want.
Whether you're a professional property developer or a single homeowner, financing your property ambitions comes above all else. Even professional property developers with a proven system of acquiring and renovating homes, condominiums and business properties can run into financing issues. We've examined the benefits of financing a higher down payment, purchasing renovations and the cash financing options available for those of you looking to buy and upgrade your home.
If you're thinking about selling your house, or if it's just in need of a little love, taking advantage of sales throughout the holiday season can help you add a little pizazz or make it more attractive to the potential next owner. Knowing what to look for and what to stay away from this season can help you make smart buys.
It never fails. You have weeks, or even months, to get your house in order before family arrives to celebrate the holidays. But now it's days, or even hours, before their arrival, and well, you're nowhere near ready. Heed a few tips to get your house in great shape before the family descends on you.
Posted: December 7, 2016 by Edward Sanford
Since the beginning of the summer the Nantucket real estate sales market has eased. As of June 30, 2016 there had been 30% more total sales than the same period in 2015. But closings have slowed and currently 453 transactions have occurred compared to 438 as of November 30, 2015, only a 3% increase over 2015. With an average December sales month, real estate sales should total between 490 and 500 total sales. By comparison 2015 saw 484 sales and 2014, the best sales year since 2006, had 521 transactions.
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