Tag Archives: #worklifebalance

Is the Urban Exodus Continuing?

Will We See a Surge of Homebuyers Moving to the Suburbs? | MyKCM

The Boston Globe reported last week that many businesses are now telling employees that they won’t be returning to their offices until after January 1.

As remote work continues and many weigh the risks of living in densely populated areas, will the initial trend of urban dwellers looking for more open spaces like Cape Cod continue?

The answer appears to be “yes.”

According to recent data from Zillow, there is a current surge in urban high-end listings in some larger metro areas. The month-over-month increase in these homes going on the market indicates more urban homeowners may be ready to make a move out of the city, particularly at the upper end of the market 

Why are people starting to move out of larger cities?

A July survey from HomeLight lists the top reasons why people are moving today:

  1. More interior space
  2. Desire to own
  3. Move from city to suburbs
  4. More outdoor space

More space, proximity to fewer people, and a desire to own at a more affordable price point describes Cape Cod.

This may be a prime time for you to realize a solid return on your investment in your home. If you’d like to discuss your options, please connect with us at 508-568-8191 or msennott@todayrealestate.com. We can meet at a safe distance or via technology.

With businesses discovering new and innovative ways to function remotely, as well as cut operating expenses, this shift has the potential to stick. The smart investor won’t miss out on the opportunity.

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Mari’s Facebook group, Cape Cod Dining at Home (and anywhere else), has caught the attention of industry consultant Beth Incorvarti. In a recent newsletter she wrote:

Mari Sennott started the Cape Cod Dining at Home Facebook group and now has almost 2600 members! There’s real engagement, real value, and a real sense of community here. Give the people what they want – and they want FOOD! Mari is building a huge following and this is certain to be reflected in her business. Bravo!”

With members from across the country, participants share pictures of their culinary creations and recipes. A weekly contest determines the cover photo for the group page. There are also frequent competitions sponsored and judged by Cape Cod restaurants for specific types of cooking — BBQ, Italian, summertime drink, etc.

Winners receive a gift certificate to the establishment that’s sponsoring that week and the possibility that their recipe will be featured on the menu. (Out of state winners receive a gift card to be used at the restaurant of their choice.)

We’re also planning on producing a cookbook to be available in time for the holidays. Proceeds will benefit local non-profits.

Please consider joining. It’s fun and a great way to learn about new culinary creations. Thanks.

Stay healthy. Stay optimistic.

Mari and Hank

Buyers and Sellers

 

There’s an interesting question that some buyers are facing right now.

With a somewhat limited inventory, especially in the starter and middle-level markets, some buyers are considering a new house that’s recently been constructed, or building the home of their dreams.

According to Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB): “The second half of 2019 has seen steady gains in single-family construction, and this is mirrored by the gradual uptick in builder sentiment over the past few months.”

This is great news for home buyers, because it means there are additional options coming to the market, which will provide more choices. The most recent data from NAHB shows that  nationally the inventory of new homes for sale was 321,000 in September, representing a 5.5 months’ supply. This is in line in percentage terms  with what we’re seeing on Cape.

Builders are very aware of buyer sentiment and Indications are that they’re beginning to focus on price ranges where there are more interested buyers.  With both a lower sales price for these homes and low-interest rates, today’s buyers are in a potentially strong position.

If you’re thinking of buying a newer home, we’d be happy to meet with you to discuss opportunities that are in the pipeline, as well as review current inventory,

Just contact us via the comment section or call 508-568-8191. Thanks…


If you’ve been planning to sell your home early in the New Year, now is the time to put it on the market.

Fact is, our homes never look better than they do during the holidays. With company coming, small repairs are made and rooms refreshed for overnight guests.  Clutter is put aside as festive decorations come down from the attic.  Can you think of a more opportune time for potential buyers to see you home and professional photographs taken to be used for marketing?

Buyers, who are looking during the holidays, are definitely serious and respectful of a seller’s holiday commitments. Keep in mind that buyers are also trying to juggle their own responsibilities, plus search for a new home.

Another reason to begin marketing your home now is that most hiring occurs in January and February, when managers receive their new budgets. The Cape is a prime spot of interest for both those hires and transfers, who put a priority on quality of life and work balance.

With many people waiting to list their homes until later in the year, you could be in a very advantageous position with these buyers, if you choose to act now.

Please let us know how we can help.


Finally,

Who you work with really does matters!

Wishing you a happy and safe Veterans Day. Thank you to all who served.

Enjoy your week…

Mari and Hank