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Wellfleet, MA Real Estate News

By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
A Unique Place and a Very Fond Memory Paul Henderson invited us to share the most unique or special place we have lived in for his March contest. Check out his post for the rules but also for HIS story about a very unique abode that he lived in. Wow!Lieutenant Island Bridge We bought our first vacation property in Brewster on Cape Cod when living in the Boston area in the 1990s and enjoy it extensively, including a major remodel that added 50% square feet of living space. But it still felt small and we dreamed of something else, and after some searching found a wonderful waterfront home tucked away high on the dunes with incredible views of all of Cape Cod Bay in Wellfleet. We were in a competitive bid situation with the owners, the children of the owners who has passed away, but within...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
 Lieutenant Island Bridge in Wellfleet MA Lieutenant Island is located in Wellfleet on the north end of Cape Cod. It truly is an island, being separated from the mainland by a narrow 2-lane causeway accessed by this 1-lane wooden bridge (this is a photo of the bridge we bought at an art fair and it captures the bridge far better than any photos I have).  The causeway crosses through a tidal marsh once you cross the bridge over the small channel, and at many high tides, especially when the moon is full, the causeway becomes impassable for periods of up to a couple of hours which always made coming and going to our vacation house (2014 photo above; no longer ours, and with some remodeling in the works) on the bluff facing Cape Cod Bay interesting - if you timed it wrong you were stuck eit...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
 A Beach House on Lieutenant Island in Wellfleet MA is VERY Special Some houses are very special, for a number of reasons, and the one we owned for 9 years on Lieutenant Island in Wellfleet, MA on Cape Cod was such a place - probably our very favorite house even though it was a vacation home. Lieutenant Island is a very special place, and unique in a number of ways. It is purely residential, there are no services other than utilities, and a good number of 100 homes or so on the island are not year-round homes. The island is private so the town of Wellfleet provides no services, like snow removal. The roads are all sand and dirt and residents, and vacationers, like it that way.  The other charm about Lieutenant Island is the bridge and causeway to access the island from the mainland, acr...
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By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
(https://teamcoker.robertpaul.com)
The Wellfleet Real Estate Market 2014 - Sale Data   In the Wellfleet real estate market in 2014, there were 85 single family homes sold, 7 lots of land sold, and 15 condominiums sold.  This report does not include multi-family properties that sold nor commercial properties sold in 2014 in Wellfleet.   The average single family home in Wellfleet sold for $566,490. The average cost of a piece of land in Wellfleet was $304,286 in 2014. The average Wellfleet condos sold for $282,117 in 2014.     The properties in each category were on the market for an average of 201, 199, and 254 days respectively.  Most of the single family homes were 3 or more bedrooms.  All but 1 of the condominium units sold in Wellfleet in 2014 had at least two bedrooms.   The average living space for the single famil...
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By John F Muscarella, Broker/Owner, Venice, FL, Florida's Suncoast
(RIVER FARM PROPERTIES, LLC)
By Guest Author: Robyn Mantel, River Farm Properties, LLC Robyn lives in Yarmouth Port on Cape Cod and is an active Realtor in both buying and selling homes for her clients.     Being involved with Cape Cod home sales, I often find historical and interesting information.  This is such an instance and I thought I’d pass it on. What does the Billingsgate Fish Market in London, England have in common with Wellfleet Harbor on Cape Cod?  Billingsgate Island of course!  Yes, there was a 60 acre island just off the harbor named, as such, by early 17th century European settlers because of the abundance of fish in the surrounding waters.  During the 19th century it had become a thriving community with 30 homes, a lighthouse (two in fact), school, and they even had a baseball team. There was no ...
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By Jim Mushinsky
(Centsable Inspection)
A Wellfleet MA home buyer should receive a brochure, Home Inspectors Facts for Consumers Sheet, at the time of the signing of the first written contract to purchase. A standard home inspection in Massachusetts is a visual examination of the physical structure and major interior systems of a residential building consisting of one to four dwelling units. It should be understood that there are certain risks inherent in the purchase of property and a home inspection is inherently limited in its scope and depth. The information gained from home inspection conforming to the Massachusetts Home Inspector Standards of Practice may reduce some of those risks, but the home inspection is not intended to provide the client with protection from all of the risks involved. Visit the Wellfleet MA Home I...
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By Nichole Willey, Your Cape Cod Real Estate Specialist
(Nichole Willey & Associates, Keller Williams Cape Cod)
Search forWellfleet, MA Properties For Sale, Get Instant Access to ALL MLS Listings  http://www.findmycapecodhome.com/buy/ Call Nichole R. Willey, Your Cape Cod Real Estate Expert to find out more now 508-737-356 http://www.findmycapecodhome.com/community/area/Wellfleet/   Nichole Willey and Associates offers a full spectrum of Real Estate Services on Cape Cod and beyond. Who do you know who is looking to buy, sell, rent, or invest in Cape Cod Real Estate? Send them our way and rest easy knowing they will be working with the best in the business. Now is the time, so call Nichole R. Willey at 508.737.3567 with questions or for more information. Whether you are looking to sell your property on the Cape, buy a dream home on Cape Cod, or invest in Cape Cod Real Estate, Nichole R. Willey is ...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
Trend and Forecast in Mortgage Rates on July 27, 2010 - Improving, or...? Here are some of the events affecting mortgage rates today: What Mortgage Backed Securities (MBS) Are Doing Today: The price of the FNMA 30-Year 4.0% MBS coupon opened at 101.81 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 101.72 - up 3/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be up to 0.125 points worse in price this morning as compared to yesterday. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.0% coupon over the past 30 days from 6-27-2010 to 7-27-2010: Economic Reports, News, a...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
The Trend in Home Sales in Wellfleet MA - Improving, or...? Home prices in Wellfleet on average are rising! Home prices have risen 25.6% since June of 2009. The current average listing price of homes for sale in Wellfleet MA is $697,810, up 0.7%% from a month ago. Compare this to the current median sales price of $479,000 - where half of sales are above this amount and half below it. Both 2 and 3 bedroom homes are selling for more. Prices of 2 bedroom homes are up 38.8% while prices of 3 bedroom homes are up 48.5%. Below is a chart of the trend of median prices of homes for sale in Wellfleet MA over the past 5 years through June 2010: Wellfleet Recently Sold Homes While cyclical, the number of sales have been relatively flat for all styles of homes in the past 5 years, but are down slig...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
Mortgage Rate Forecast for Massachusetts for April 28, 2010 Here are some of the events affecting mortgage rates today in Massachusetts: What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.62 this morning - down 1/32 yesterday's close. At 9:30 AM, the 4.5% MBS coupon was trading at 100.47 - down 5/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be up to 0.250 points worse in price this morning as compared to yesterday. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 3-29-2010 to 4-28-2010: Economic Reports, News, and ...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
Update on Home Sales in Wellfleet MA Through March 2010 According to Trulia.com, sales prices of homes in Wellfleet have increased 12.8% over the past year, and have increased 8.4% over the past 5 years. The current average listing price of homes for sale in Wellfleet, MA is $701,427, while the current median sales price is $572,500. The median sales price is the price at which one half of the homes sold above that amount, and one half of the homes sold below that amount. Below is a chart of the trend of median sales prices of homes in Wellfleet, MA, in the past year through March 2010: Wellfleet Recently Sold Homes Below is a chart of the trend of home sales in Wellfleet, MA, in the past year through March 2010: Wellfleet Recently Sold Homes If you're looking to buy a home or condo in ...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
Home Value Update for Wellfleet MA 02667 Through March 2010 According to Trulia.com, the current average listing price of homes for sale in Wellfleet, MA is $823,611, while the current mean sales price of homes is $750,000. Sale prices of single family homes in Wellfleet, MA have increased 64.7% in the past year through the end of March 2010, and have increased 42.0% over the past 5 years. Below is a chart of the trend of median sales prices of homes in Wellfleet, MA, in the past year through March 2010: Wellfleet Recently Sold Homes If you're looking to purchase a home or condo in Wellfleet or in the surrounding area, then try this home search.
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
Mortgage Rate Forecast for Wellfleet MA for April 6, 2010 Here are some of the events affecting mortgage rates today in Wellfleet, MA: What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 99.22 this morning - the same as Friday's close. At 9:30 AM, the 4.5% MBS coupon was trading at 99.47 - up 8/32 from its opening. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 3-7-2010 to 4-6-2010: Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will be up to 0.250 points better in price this morning as compared to yesterday. Economic Reports, News, and Events ...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
Home Value Update for Wellfleet MA 02667 Through January 2010 According to Trulia.com, the current average listing price of homes for sale in Wellfleet, MA is $748,975, while the current mean sales price of homes is $566,000. Sale prices of single family homes in Wellfleet, MA have increased 9.3% in the past year through the end of January 2010, and have appreciated 10.8% over the last 5 years. Below is a chart of the trend of listing prices of homes for sale in Wellfleet, MA, in the past year through January 2010: Wellfleet Recently Sold Homes The homebuyer tax credit is set to expire on April 30, 2010. In addition, mortgage rates are still at near historic lows. So, there's no better time than now to buy a home in Wellfleet, MA, or surrounding area. If you're looking for a home or con...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
Mortgage Rate Forecast for Wellfleet MA for March 12, 2010 Here are some of the events affecting mortgage rates today in Wellfleet, MA: What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.81 this morning - the same as yesterday's close. At 9:30, the 4.5% MBS coupon was trading at 100.62 - down 7/32 from its opening. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 2-10-2010 to 3-12-2010: Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be as much as 0.25 points worse in price this morning as compared to yesterday. Economic Reports, News, an...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
The Mortgage Interest Rate Lock Advisory for Wellfleet MA for February 17, 2010 Here are some of the events affecting mortgage rates today in Wellfleet, MA. What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.94 this morning - the same as Friday's close. At 9:30, the 4.5% MBS coupon was trading at 100.84 - down 3/32 from its opening. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 1-18-2010 to 2-17-2010: Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be 0.125% - 0.250% worse in price this morning as compared to yesterday. Economic Report...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
The Mortgage Interest Rate Lock Advisory for Wellfleet MA for January 25, 2010 Here are some of the events affecting mortgage interest rates today in Wellfleet, MA. What Mortgage Backed Securities Are Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.91 this morning - the same as Friday's close. At 10:15 am, the 4.5% MBS coupon was trading at 100.84 - down 2/32 from its opening. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.5% coupon over the past 30 days from 12-26-2009 to 1-25-2010: Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage interest rates. Due to a lower closing in mortgage backed securities on Friday, I expect that mortgage interest rate...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
Home Value Update for Wellfleet MA 02667 Through November 2009 According to Trulia.com, the current average listing price of homes on the market in Wellfleet, MA is $711,998, while the current mean sales price of homes is $458,500. The sale prices of single family homes in Wellfleet, MA have decreased 10.1% in the past year through the end of November 2009. Below is a chart of the trend of listing prices of homes for sale in Wellfleet, MA, in the past year through November 2009: Wellfleet Recently Sold Homes   The $8000 first-time homebuyer tax credit has been extended, and now expires on April 30, 2010. So, there's no better time than now to buy a home in Wellfleet, MA, or surrounding area. If you're looking for a home or condo to purchase in Wellfleet, MA, or in the surrounding area, ...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
The Mortgage Interest Rate Lock Advisory for Wellfleet MA for December 28, 2009 Here are some of the events affecting mortgage interest rates today in Wellfleet, MA. What the Mortgage Backed Securities Market is Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 99.85 this morning - the same as Friday's close. The 4.0% MBS coupon is currently trading at 97.54 - down 10/32 from its opening this morning. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage interest rates. I expect that mortgage interest rates will be 0.125% - 0.375% worse in price this morning as compared to Friday. Economic Reports, News, and Events Affecting Mortgage Interest Rates Today: There are no economic reports scheduled for release today...
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By Lew Corcoran, Real Estate Agent, Home Stager, & Photographer
(Better Living Real Estate, LLC)
Home Value Update for Wellfleet MA Through October 2009 According to Trulia.com, the sale prices of single family homes in Wellfleet, MA have depreciated 24.0% in the past year through the end of October 2009. Sale prices have appreciated 10.1% over the last 5 years. The current mean sales price of homes on the market in Wellfleet, MA, is $437,000. Below is a chart of the trend of listing prices of homes for sale in Wellfleet, MA, in the past year through October 2009: Wellfleet Recently Sold Homes   The $8000 first-time homebuyer tax credit has been extended, and now expires on April 30, 2010. So, there's no better time than now to buy a home in Wellfleet, MA, or surrounding area. If you're looking for a home or condo to purchase in Wellfleet, MA, or in the surrounding area, then try t...
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