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Blog :: 2012

After more than 25 years of living, working and playing on Cape Cod we have a lot to share about the area.  Our blog topics run the gamut from fun things to do, working with contractors, and homeownership tips and tricks, so check back frequently to see what's new.  If you have questions or would like to learn more about Cape Cod or owning property on this beautiful peninsula please contact us for more information and to set up a showing for any listing. 

Holiday Stroll Dennis Port Village

Dennis Port Village Holiday Stroll

The fall is here and we are all planning for the fast approaching holiday season. There are many quaint villages that offer unique shopping opportunities. For example, Dennis Port Village is a great place to enjoy an afternoon shopping with its unique gift and specialty shops, restaurants and numerous other services. On December 9th between 11 am until 4 pm Dennis Port Village will hold its Holiday Stroll. There will be treats for all and a time to kick back and enjoy. Keep this village in mind as you travel through the holiday season.

Real Estate Market Update

Real estate prognostications continue to be like hocus pocus. Depending on the whether the economic forecaster is an optimist or a pessimist; real estate prices are expected to go either up 1 % or down 2 % in the near future. However, what most everyone will agree to is the fact that the market is showing strong signs of having stabilized.

In fact, the spring market on Cape Cod was stronger than in the past few years. This can be attributed to the fact that Buyers are aware that prices are on the cusp of turning in an upward direction. The time for investing on the Cape is now. Savvy Buyers are aware of this fact and are making their moves.

Orioles and Grape Jam

It is almost summer on Cape. The rhododendrons are flowering. The trees are all in full leaf. The weather is warming nicely and the birds have returned. And, those lovely Baltimore Orioles have arrived. If you would like to attract them, put some grape jam-not jelly-in a dish near your bird feeders and keep a wary eye. Amazingly, the orioles will find it and continue to come around as long as you provide them with the treat. And yes, those ubiquitous clowning chipmunks will find it and keep you entertained as well. If you are a nature lover dont miss out on our Weeks Pond property in Sandwich--a bird lover's delight. Nice open floor-plan with lots of windows and opportunities to view wildlife of all sorts. The Cape offers such wonderful opportunities come and enjoy.

4 Reasons to Sell or Buy Real Estate Now

Great news for Cape Cod

The Cape is working its way out of thereal estate slump.

  1. The Barnstable County Register of Deeds reports that there was an almost nine percent increase in real estate sales in March of this year over March of last year.
  2. Inventory isselling with serious buyers active in the market.
  3. Interest rates remain attractive.
  4. The National Association of Realtors states that"sales of investment and vacation homes jumped in 2011, with the combined market share rising to the highest level since 2005".
It's a good time to buy and tosell.

Real Estate Market Has Heated Up

Spring is here. We're happy to report that the Capereal estate market has heated up. We are seeing competitive bids on properties unlike the recent past. Now is the time to jump into the market to sell or to buy.Rates continue to be attractive. Plenty of properties from which to choose. If you have been thinking of owning a Cape Cod home, now is the time.

Don't wait....give us a whistle.

Credit Scores

Thinking of buying property?

How is your credit scored?

The following factors are taken into consideration:

  • 35% --payment history
  • 30%--amount owed
  • 15%--length of credit history
  • 10%--new credit
  • 10%--types of credit in use
Simply put, for good credit you need to pay bills on time, do itall the time, owe little money compared to your income, use credit reasonably,and donot open up new accounts prior to applying for a loan. In this particular economic time, good credit is of utmost importance to meeteligibility requirements for a loan.A good credit score is above 680. A score below 680drastically reduces your eligibility for a loan. Therefore, check your score when thinking of buying real estate. If it is below 680, make a plan to correct it by speaking with a financial advisor/lender.

For more information give us a whistle.

Septic System Woes?

Fiancing now available

Has your septic system been giving you trouble or has it failed? Assistance to home owners is available. There is financial help with a 5% interest rate betterment loan through the Barnstable County Community Septic Management Loan Program. Loans are repayable over 20 years. They cover all costs directly associated with septic system upgrade. Given the fact that malfunctioning septic systems can be harmful to ourCape Cod environment, this programisperfect opportunity to comply withTitle V regulations that protect the health and well being of our environment.
Applications are available online for interested residents. For more information visit Barnstable County Septic Loan Program.

Real Estate Gradual Recovery

As the real estate market is poised to gradually recover, what is needed today for the many buyers who can't seem to jump into the market, is a very large dose of confidence. Confidence would alsohelp the brokers and agents who have been doing battle for a very long while.

We've got several things that appear to contradict a quick recovery, like the horrendous credit issues with appraisal standards that make your head spin. Add to that the general bad economic news that is constantly in the media--high unemployment, economic turnaround that is there or it isn't.

But--when you counter all the negativity and uncertaintyabout the election, we have very low interest rates and a plethora of houses to choose from. Prices could not be more attractive. We should be focusing on that news and get the word out--that'll inspire confidence and will get the market moving.

Cape Cod Tax Rates 2012

Knowyour real estate taxes

Knowing the tax ratesin townsin whichyou have interest in purchasing property is invaluable in calculating cost of ownership. The following is a listof the 2012individual towntax rates. These rates are used to calculate thetax cost per thousand dollars of assessment.Please note that these costs may not be all inclusive as some of the towns have additional taxes for fire districts and/or water districts. If you have any questions, please give us a whistle.

  1. Barnstable $8.42
  2. Bourne $9.12
  3. Brewster $7.44
  4. Chatham $4.45
  5. Dennis $5.88
  6. Eastham $6.35
  7. Falmouth $7.78
  8. Harwich $8.12
  9. Mashpee $8.96
  10. Orleans $5.91
  11. Provincetown $7.20
  12. Sandwich $12.74
  13. Truro $5.97
  14. Wellfleet $6.12
  15. Yarmouth $9.33

Real Estate Forcast

Real Estate Forecast for 2012

National economists on average paint 2012 with cautious optimism given the fact that the volume of distress properties is dwindling, unemployment is down, and an inkling of consistent economic growth is evident. Because all real estate markets are driven by the local economy, it is important to look closer at particular areas to paint an accurate picture. The Cape Cod real estate market is no exception. We find:

  1. Inventory is shrinking--there were fewer properties for sale in December than November 2011.
  2. The number of sold properties is up-- in December 2011 13.2% more properties sold than in the previous month.
  3. The number of properties under contract increased by 36.3% in 2011 over 2010.
So, when you see the real estate forecast in the media, keep in mind that Cape Cod is unique and fairing much better than the National average.

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Client Testimonials

  Agnes helped us find a house when we lived out of state. Not easy! She handled that so well and worked so hard that we never considered anyone else when looking for our new Cape home. She and Ed (and Ned ) are true professionals. We HIGHLY recommend the Chatelains for any Cape real estate needs.

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