Cape Cod Real Estate has dramatically seen a decrease in value for home and condos for sale in the last few years. Fixer uppers at the peak of the Cape Cod market were running at $350k and above can now be found for around $200k. There are actually homes on Cape Cod for sale for as little as $159K!!Can you believe that? With home and condo prices where they are and throw in the fact that interest rates are as low as they have ever been since they started recording rates now is definately the time to act. Cape Cod Condo prices are also very attractive as well. I have been selling condos in Ocean Edge Resort in Brewster for over 8 years and have never seen prices this low. 2 Bedroom Townhomes that at their peak were selling at $300-$315K are now as low as $199K. That is a phenomenal deal considering the rental potential and ammenities they have to offer. Ocean Edge is a great rental investment. Most owners receive between 10-14 weeks of rentals, making it possible to help you with the costs of second home ownership. These prices are not going to stay low forever, and interest rates will go up. The next year will prove to be the time to invest in Cape Cod Real Estate. Start searching now at www.capecodrealestatebydan.com and clicking on the cape mls link that will allow you to search all listings on Cape Cod for sale. Don't sit on the fence too long or you will be one of the many who will be saying " I should have bought them when we had a chance".
Or you can click on this link for MLS Search access: View All Cape Cod Listings at:
http://www.mlspropertyfinder.com/login.asp?agentid=203212
Friday, July 23, 2010
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