Cape Cod Real Estate - At Home Cape Cod

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	Articles of Interest Attached below are links to select articles gleaned from various sources that pertain to real estate on Cape Cod. They include information on market conditions, trends, issues, etc. A few articles pertain to the northeast or national markets. Since Cape Cod is a very unique market, the trends happening in the rest of the northeast or even other parts of Massachusetts may differ. The Upper and Mid-Cape areas have seen an increase in the last few years in the number of year-round residents who have chosen the Cape Cod lifestyle and commute off-Cape to work. Click article title to view entire article.
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MARKET CONDITIONS: Different economists offer different opinions on the state of the real estate market and where it is expected to go in the near future. When analyzing data, one of the things they all agree on is that real estate is “local” and needs to be analyzed locally as regional differences can be significant. For an update on the Cape Cod real estate market, reference our market conditions page which is updated quarterly. For a look at opinions affecting the nation, check out some of these:
Smart Time to Buy	Despite all of the negative commentary about the housing and credit markets, 64% of Americans believe that for those with good credit and a down payment “this is an ideal time to buy a home,” ... (RISMEDIA February 2008).
Questions and Answers on Home Foreclosure and Debt Cancellation	The Mortgage Forgiveness Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualify for this relief. (Internal Revenue Service February 2008).
2007 Home Sales Fifth Highest	Existing-home sales declined in December following several months of stable activity, with total sales in 2007 still at the fifth highest on record, according to the NATIONAL ASSOCIATION OF REALTORS®. (REALTOR® Magazine January 2008).
Six Signs It's Time To Buy	If you're waiting for signs of a housing bottom, join the club. Nobody blows a whistle and say, "It's time to buy!" (Realty Times January 2008).
Don't Blame it on the ARMs	Aggressive lending is the real culprit behind high foreclosure rates... (Broker Agent News January 2008).
Top Ten Reasons To Buy	The Top Ten Reasons It's a Great Time To Buy Real Estate! (Broker Agent News January 2008).
REMODELING AND UPDATING TO SELL: Whether thinking about updating and preparing a home to sell or considering quality-of-life improvements to a home you plan to hold for a while, consideration should always be given to return on investment.
7 Tips to Radically Update Your Home (And Not Lose Money!!)	Everyone loves to update their homes, and if you live in an older home in an appreciating neighborhood, it can be a fantastic investment. There are some pitfalls to avoid, which can cost a homeowner quite a bit of money because of no return on investment. However, it's better to focus on what To do and stay the course. (Broker Agent News by Eric Bramlett).
REAL ESTATE AS AN INVESTMENT: While everyone would agree that a buyer’s market is the best time for a homeowner to buy, what about investors? What about 2^nd home owners?
Real Estate: The Long-Term Investment	How brokers and consumers manage finances with property: It's a bad time for flippers looking to make a quick buck, and their departure from a demand-driven market has certainly contributed to a drop in home prices. But for investors who view real estate as the keystone of a long-range financial plan, there may be no time like the present to buy-and hold. (RISMEDIA March 21, 2007).
In the Know: Second Homeowners and Saving on Taxes	Now that we are past April 17th income tax deadlines, its time to start thinking about collecting data for next year’s taxes. Whether your vacation rental home was profitable or not, you’ll surely have many deductions that can be applied to help offset your rental income. Karpinski offers the following list of things you should gather and consider when preparing your income taxes.
REAL ESTATE NEWS, TRENDS & TIPS:
CNN Money - Real Estate	Real Estate News, Trends, and Tips.

Check back often for new articles of interest.
Note that all information on the websites linked above are deemed reliable but not guaranteed.
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