Tag Archives: makeyourmovewithmari.com

Home Sale Prices Reach an All-Time High

   It continues to be a sellers market on Cape Cod.

According to initial data just made available by the Cape Cod & Islands Association of Realtors (CCIAOR), the median sale price for single family homes hit an all-time high in July: $439,700.

In July 2017, the median sale price for a single family home was $379,950.

That’s an increase of almost $60,000!

Year to date, 2,223 single family homes have been sold on Cape for a median price of $422,500. In 2017, 2,429 single family homes were sold with a median sale price of $389,000. (A $33,500 difference.)

While the market is always changing, homeowners should be having serious conversations about whether they want to take advantage of these record high prices.

September and October is a busy time for hiring and potential job transfers. Families return from vacation, schools reopen and work resumes its normal routine. Personnel managers are more available for interviews and applicant screening.

Fall is also the time when potential buyers, who are looking to be settled in their new homes by the holidays, begin to look in earnest.

If you’re thinking that now might be the time to sell your home, we’d happy be to sit down with you and discuss options. Just contact us via the comment section or call 508-568-8191.

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With school re-opening, children will again be standing on sidewalks and street corners waiting for the bus. They don’t always pay attention, so it’s important to be vigilant, especially on side streets where maybe we’ve become accustomed to driving a little quicker since June.

If your schedule allows it, this is also the time to contact your local school to see what the needs may be for volunteers, guest readers, or tutors.

It’s a great way to meet your community’s dedicated teachers and interact with our very curious younger generation,

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When writing about the Tom Ferry Success Summit that we attended in California, we told you about the Realtors, who were killed in a private plane crash on their way to the conference.

Ferry and his wife, Kathy, committed to match the proceeds from the sale of event tee-shirts on the first day of Summit with the funds sent to the victims’ families.

With the Ferry match, $23,000 is being donated; hopefully in some way helping loved ones through a difficult time.

Mari and Hank

 

Real Estate Still the Best Investment

There was a lot of talk earlier this year — empty chatter in our opinion — that because of changes in federal tax law, real estate was not as good an investment as it once was.

Recent research (courtesy of Keeping Current Matters) indicates that the public didn’t buy the argument. For the fifth year in a row, Americans consider real estate the best place to realize long term returns. It outranks stocks/mutual funds; gold; savings accounts/CDs, and bonds as the number one option for your money.

Generation X (those aged 34-54) lead the way in that opinion, followed by baby boomers (born between 1946 and 1964) and millennials (22-37 years of age).

Public opinion about real estate has come a long way since 2011, when Americans favored gold as the best investment.

Real estate also has the added benefit of being a financial option that you can enjoy immediately while waiting for your long term financial return!

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The market on Cape Cod has really picked up. Homes that are priced right can be on and off the market in as little as a day, which just happened to one of our listings. That same week we had accepted offers on two other homes — one was on the market for two days; the other for seven!

This is also the time of year when buyers with families are looking to be settled in time for their kids to start school in September.

If you have any questions about the market and whether this is a good time for you to sell or buy, please get in touch. We’d be happy to help.

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Next week, we’ll be blogging from the Tom Ferry Success Summit 2018. This is the ultimate training event for real estate agents who are committed to building and sustaining their careers.

Ferry is the leading real estate coach in the country and we both participate in training activities and individual coaching offered by his organization.

We’re looking forward to a great experience and sharing with you all that we learn.

Mari and Hank