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A FAST START
The first 2 months of 2012 are off to a very positive start.  Nantucket real estate sales have expanded 47% in transactions and 64% in dollar volume over the same time period of 2011. 

Nantucket real estate market report chart - February 2012

Although it is a bit early to suggest this will be harbinger for the entire year it is a heartening sign.  In addition there are some other metrics that point to an improving market. This chart is a snap shot through the end of February:


Nantucket real estate market report table - February 2012

Over the last 2 years inventories are down and contracts and sales up.  As result the pace of price reductions has slowed.  All these factors point to an improving sales market. Today Buyers still have a great opportunity to buy.  If the above trends continue, that window maybe closing.

Nantucket

Nantucket the Fastest Growing County in MA

Thursday, March 26, 2015

Nantucket, the smallest county in Massachusetts, was the state’s fastest growing last year, according to new data from the US Census Bureau.

Source: www.bostonglobe.com

2015 Beach and Parking Permits Available

Monday, March 16, 2015

The Nantucket Police Department has announced that 2015 beach and residential parking permits are now available for purchase.

Source: www.ack.net

What the Fed's 2009 Transcripts Reveal About Its Handling of the Recession

Monday, March 16, 2015

The Federal Reserve on Wednesday offered a new window on its response to the Great Recession, publishing complete transcripts of the 11 policy-making meetings held by Fed officials during 2009.

Source: www.nytimes.com

Oil Prices May Have Further to Fall

Monday, March 16, 2015

Oil bulls got another piece of bad news today from an unlikely source: the Federal Reserve. U.S. crude production has continued to rise in spite of the collapse in oil prices.

Source: www.bloomberg.com

Five Exploding Real Estate Markets for 2015

Monday, March 16, 2015

With 2015 now upon us, it is a good time to look at what will be some of the fastest growing real estate markets in the United States.

Source: realtytimes.com

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