Cape Cod Real Estate News - June 2018
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Greetings!
It's official -- it's SUMMER! If you didn't find the ideal Cape house earlier in the year, don't give up hope. Inventory is slowly recovering and there's still plenty of time to find and enjoy your new home on Cape Cod. So keep an eye on the new listings. The best ones go FAST!
We invite you to use our website to browse the entire
Cape Cod MLS at your leisure. If you are planning to buy a home on the Cape, be sure to
register for Property Updates so that you don't miss out on the best new listings. When you are ready to begin looking at properties, we welcome the opportunity to provide you with unparalleled assistance throughout the buying process at no cost to you. If you're selling a Cape Cod home, please
contact us for a free, detailed analysis of your home's value in today's market.
We hope you enjoy the newsletter and that we have the privilege of working with you soon.
Sincerely,
Jim & Susan Collins
Broker/Owners
Cape Cod Oceanview Realty
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Cape Cod Sales Statistics
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The most recent Cape Cod single family home sales statistics are now available and inventory continues to improve. Compared to May 2017, inventory is now down only 12%, a stark improvement from where it has been. The median sale price for a single family home on Cape Cod is up slightly, coming in at $429K, versus $419K a year ago.
To view all Cape Cod (aka Barnstable County) Real Estate Statistics,
click here. Or, click on the map to select a town-specific report.
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Mortgage rates remain flat, despite fears of trade wars that will send investors to the bond markets. High demand for bonds tends to result in lower interest rates, although so far, we have not seen that happen.
(Source: Mortgage New Daily)
To learn more about today's rates and the best mortgage for you, contact your Lender or one of our partners below.
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Summer Home Shopping On The Cape
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If you’re actively looking for a home on the Cape but haven’t found it yet, then you might be planning to continue shopping this Summer. Be sure to read these tips to help avoid unnecessary frustration.
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It's Summer! Time for fun, fun and MORE fun! The LAST thing you need right now is for someone to tell you what you SHOULD be doing around the house. So instead, HouseLogic tells us what you SHOULDN'T be doing.
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Miniature Golf - Supersized Gifts!
No trip to Cape Cod is complete without at least one round of miniature golf and a trip to a gargantuan souvenir shop! Here are some places where you can do both at the same time!
Gift Barn (North Eastham) - If you're on the Outer Cape, stop in to the Gift Barn -- the big red barn on the east side of route 6. In business since 1976, the Gift Barn features over 5000 square feet of gifts, a game arcade, and a two-level 18-hole golf course. They are open every day and have theme nights once a week. This one is not to be missed.
Cape Escape (Orleans) -Just a stone's throw from the Orleans rotary is this family-friendly oasis complete with a respectable mini-golf course, a koi-pond filled with fish who eat from your hand like dogs, a REAL dog whose usually mulling about, and a large gift store across the parking lot. There's an ice-cream shop and a Wendy's in the same general parking area.
Pirate's Cove (Yarmouth) - Voted "Best Kid's Activity" by Cape Cod Magazine every year since 1996, Pirate's Cove is a vacation-must for those on the Mid-Cape. There are TWO courses to keep you from getting bored if you want to play 36. The gift shop has a pirate theme, although there are lots of non-pirate gifts as well. But be forewarned: it will take a few days to get the "yo ho" pirate theme song out of your head.
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Prime Orleans Waterfront
You can change a house but you can't change a location, and with this spectacular waterfront location, you won't want to! Situated in Orlean's desirable Pochet Neck neighborhood, this home enjoys private beach access to a remote section of Nauset Beach across a fabled boardwalk over National Seashore land. Striking water views from nearly every room and plenty of land for outdoor fun and relaxation. Property includes an adjacent lot offering privacy and unobstructed views of Pochet Inlet and Little Pleasant Bay. Offered at $2,200,000..
Full details.
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Wellfleet Village Location
Privacy in Wellfleet! 4BR, 2BA on 1.5 wooded acres, plus close-to-town location -- all in one great property. Charming 3BR home plus a 1BR detached cottage, all in a shady grove of beautiful trees. Just around the corner is Wellfleet Village and Marina with the fresh waters of Long Pond and Dyer Pond close-by. Great vacation rental history. Seller providing new Title V Septic Plan for 6BR. Installation is buyer's responsibility. Offered at $535,000.
Full details.
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