Category Archives: Nantucket Short Sale
Nantucket Property Journal Sept 23, 2011 Issue
Nantucket Property Journal Sept 23rd Issue. Click here to read it cover to cover.
Buffett: “Home Ownership Makes Sense for Most People”
Billionaire Warren Buffett said buying a home was the third-best investment he ever made, after the rings he bought for his first wife, Susan Thompson, and, after her death, his second wife, Astrid Menks. “For the $31,500 I paid for … Continue reading
Americans Still Long for Their Own Homes
Although the housing bubble and bust may have shattered notions that home prices have nowhere to go but up, Americans haven’t lost their love for owning a home. In the latest Allstate/National Journal Heartland Monitor poll, homeownership ranked second, just … Continue reading
Nantucket Rental in Brant Point Property #37220
This is a great house for a summer rental, and Brant Point is such a nice part of the island! There are five bedrooms, each with its own private bath, and so much more, including: several decks from multiple levels, … Continue reading
Freddie Mac: Rising Mortgage Rates Will Not Stop a Housing Recovery
Although home sales may not improve as much as expected in 2011 because of rising mortgage rates, Freddie Mac Chief Economist Frank Nothaft still estimates a 10% increase from last year as housing and the overall economy pushes through to … Continue reading
Nantucket Property Transfers
The following property transfers were recorded in the Registry of Deeds from Jan. 28- Feb. 4, 2011. John F. Sullivan to Kenneth W. Fries, Trustee of CALCAM Nantucket Nominee Trust: 20 Swift Rock Road, dwelling, 2.96 acres, $2,100,000. Alfred E. … Continue reading
NAR: Existing Home Sales Rise 12% in December
Sales of U.S. previously owned homes jumped more than forecast in December as buyers tried to lock in low mortgage rates before the economic recovery pushed borrowing up further. Purchases of existing houses, which are tabulated when a contract closes, … Continue reading
Are The Lowest Mortgage Rates In History Now History?
Are The Lowest Mortgage Rates In History Now History? by David Gaffin, Senior Mortgage Lender, from Greenpark Mortgage. Since Nov. 3rd when the Federal Reserve Bank released details of QEII (Quantitative Easing II), we have seen a very rapid rise … Continue reading
New Property Listing on Nantucket – Miacomet area
This home is listed as a short sale, subject to lien holders’ approval and is being sold “as is.” Conveniently located in the Pine Valley sub-division (close to schools, the bike bath and seasonal public transportation), this four-bedroom, four-plus bathroom … Continue reading