March 24, 2009

The Blooming Market

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I arrived at work today greeted by Spike and Millie, our patron Canadian Geese. I was glad to see them back after their long winter break from Cape Cod.

I have to say when they are waddling around the pond out back of the Jack Conway Office in Hyannis where I work, it brings great relief, as I know spring has arrived!

Another interesting thing about the arrival of Spike & Millie is the sudden bolt of activity in the real estate market. True to form, houses and condos are being plucked from the market and into the lives of their happy new homeowners. Yes, spring is arriving and the real estate market is certainly showing it!

With all the media gloom and doom I confess, I too was holding my breath wondering what this spring market, one of our busiest times in real estate, would bring. Not so amazingly, as in true form, the market is on the move!

I suppose that the incredible incentives being offered now by the government make it all the more attractive of a time to buy. President Obama's signing of the economic stimulus package has indeed brought some wonderful gifts to the market. Many first time home buyers who purchase a home between January 2009 and December 2009 are eligible for a tax credit up to $8,000!

It really is an amazing time we are in, interest rates are incredibly low, the inventory is currently in great abundance and the incentives are at an all time high. Much like Spike and Millie... change is in the air! I am feeling quite optimistic that the real estate market is really going to bloom this spring right along with the crocus and daffodils.

To find out more about what's happening in the Cape Cod market, give me a call at 508-778-0057.

Posted By: Lisa Mancha