We visited the Sandwich Food Pantry this past Friday to talk with Executive Director, Gigi Ridley. What we learned about what food pantries need this time of year (and really anytime) may be surprising.
We hope you’ll take a few minutes to watch the video.
The Sandwich Food Pantry is a totally volunteer organization. Their goal is to help residents through difficult times by providing supplemental food, advice and directions to further sources of assistance.
For more information, here’s a link to their website at http://sandwichfoodpantry.org/
Please consider supporting them this holiday season, or any non-profit that is close to your heart. These days none of us know when we might need their help. Thanks.
Happy holidays to all our blog readers. We hope that you have found what we shared this year to be helpful. We will continue in 2022 to provide you with the best and most accurate information available in order to assist you in deciding whether to buy or sell your property.
We won’t be posting next week as we will be spending time with our granddaughter.
We won’t have official numbers from the Cape Cod and Island Board of Realtors for at least a week, but anecdotally — based on what we’ve seen and our colleagues are saying — there seems to have been a shift in the area’s real estate market.
The Open House frenzy of March and April seems to have calmed. While there are always exceptions, there are no longer lines of buyers waiting to see a property. What we used to describe as a “busy” Open House has returned.
Multiple offers are still the norm, but not in the numbers of a few months ago. Bids are still over asking price, but there aren’t as many head scratchers, because of the large amounts involved.
What hasn’t changed is that list price is now the starting point. The days of bidding low are a thing of the past — at least for now.
Why the change? There are several potential reasons.
May and June can be some of the slower months in the housing industry as people focus on weddings, graduations, summer plans, etc.
But, national housing industry publications are also talking about “buyer fatigue.” Too many lines to see properties that became out of reach, because competition pushed the prices beyond what many could afford. (Or thought was reasonable.)
At the same time, the number of listings has crept up. While inventory is still nowhere near what it needs to be, the increase in available property is a good sign.
Over the past few weeks, we’ve been on more successful listing appointments than we have in several months.
It has also taken less time to find buyers new homes. Last week, a client closed on a property that he purchased for list price after we were the only ones to attend the Open House.
Finally, with so many getting vaccinated, the urgency to move to areas like Cape Cod for the open space, recreational activities, etc. has lessened. Health clubs are open again. The kids can swim in the condo pool. Favorite restaurants and bars are now providing indoor and outdoor dining.
You also have to wonder if the “work-at-home” thing has fizzled a little. Morning traffic reports for Boston are starting to look vaguely similar to those of pre-virus days.
Is this a temporary lull or another example of a return to normalcy? We should have a definite answer by the end of summer.
In the short -term, what does this mean for buyers and sellers?
For buyers — especially those who stepped out — it’s time to get back in.
For sellers, who have been sitting on the sidelines, you may have lost money. While offers are still coming in for over asking prices, they are not as high as they typically were just a few months ago. (But there are still exceptions.) While no one expects prices to drop, potential return on investment is shrinking.
As always, we’re available to answer your questions or help you review your options. We’ve been helping our clients make the best decisions for themselves for over 20 years. Just contact us at 508–568-8191 or email@example.com.
We hope you were able to participate in and enjoy all the recent holidays in whatever manner you chose to celebrate them.
There are a lot of misconceptions about buying and/or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s a little clarity when it comes to five common myths about the 2021 housing market.
Whether you’re buying or selling, let’s connect at 508-568-8191 or firstname.lastname@example.org to discuss your needs. We can help you decipher fact from fiction in the Cape Cod market. Helping our clients make the best decisions has been our full time job for more than 20 years. Let’s talk soon…
A little more than a year ago, Mari started a Facebook group called “Cape Cod Dining at Home (any anywhere else). She hoped to find a few new recipes, as well as support local restaurants that were trying to stay open by offering takeout. The group has grown to over 3,000 members from as far away as Michigan and Florida.
If you haven’t joined, you can do so by clicking on this link. In the meantime, please enjoy this highlight reel featuring just a few of the dishes that have been shared by group members over the past year.