My June Newsletter Is Available Now!

My June 2012 report is available now! This issue of my newsletter has sales results for Eastham through April.  Additionally, you'll find articles about this year's Town Meeting, the record low mortgage rates, and a new listing.

This newsletter has been published every month for over 9 years. My aim, with my newsletter, is to provide accurate sales and market information about the Eastham housing marketplace, to add commentary and opinion (as appropriate), and to keep it interesting. Download your copy of my June newsletter now.

Head of Meadow Bike Path - So Easy!

The Head of Meadow bike path, in Truro, is said to be the easiest bike path on Cape Cod. It runs about 2 miles from its beginning to end, at Head of Meadow Beach.  Check out this video, from the Cape Cod Times.

Eastham Town Meeting - Oh What A night!

To borrow a catch phrase from the Bee Gees, we had 'Oh What A Night'. Our night, however, was the annual Town Meeting in the gym and auditorium of the Nauset Regional High School with about 800+ of our closest friends. We plowed our way through about 35 resolutions, ranging from matters of taxation of our tourists to water to relinquishing control of some Town of Eastham property to a conservation group. The meeting started at 7 PM (more or less) and broke up just 20 minutes before midnight. Ugh.

The highlights (lowlights?) ...

• We voted down a 5% tax on vacation rental properties
• We voted down a $32 million water system for the town, scaled down from $111 million
• We voted down a resolution that would turn control of the Roach property, off North Sunken Meadow, over to a  to-be-named conservation group
• We took money out of the long term budget for the North Eastham town center project

The evening wasn't entirely negative. We voted in budget items for the schools, fire and police, information center, water treatment for the ponds, and affordable housing. All in all - although loud at times, everyone behaved themselves and we got through all the resolutions.  Democracy at work.

Now's The Time For Second Homes

The Wall Street Journal recently ran an article asserting that now is the time to buy in several noted second home markets, including Cape Cod. Not only are the mortgage rates at extreme lows, but some of these markets are starting to rebound from their prior lows, price wise. Check out the article in the WSJ, and the video, below.

New Listing - Cape Style Ranch - One Floor Living

Eastham - Never before listed, this 3 bedroom, 2 bath, Cape-style ranch has it all! This home sits on a beautifully landscaped half acre on a quiet dead-end street very close to the bike path and the National Seashore. There is a one car garage with an unfinished living space above. There is a family room with a fireplace, natural gas heat, full basement, master bath w/laundry, and lots more. Being sold mostly furnished. Listed at $399,000.

Find photos, a Virtual Tour, and more information at http://30SplitRailRd.robertsheldon.com. Come see!

2012 Cape Cod Maritime Days

The 19th Annual Cape Cod Maritime Days, a celebration of the Cape's rich maritime history, are scheduled from May 13th to June 10th.  There's an exciting line-up of events for 2012, including lighthouse & walking tours, nautical art exhibits and maritime lectures. Also, there will be boat-building exhibits and kayak excursions. There are events for folks of all ages and interests, throughout the whole Cape.

Check out the Maritime Days website... Here. The 'Days' finishes with the 11th annual Cape Cod Maritime Festival, along the Hyannis waterfront, where you can explore the Black Dog Tall Ship Shenandoah. The 'Festival's' website is ...Here.

Eastham's April Sales

Eastham's April sales were a robust 9 sales. April typically follow March's lead. The details.. 

• There were 9 homes sold in Eastham in April. March had 10 sales.
• Total sales were approximately $5.3M - the average home sale price was $588,240
• The median sale price in April was 555K.
• There are currently 130 active single family listings in Eastham, with an average list price of $640K and a medium price of $439K.
• The average days-on-market is currently 229 days.

For more details, graphs, and commentary, download my latest monthly Eastham newsletter -- here. I've been publishing this newsletter for 9 years with the goal of providing market information to my clients, so they may approach the market from a more informed position. Check it out!

An Interesting 'Top 7' Award In Wellfleet

I'm not sure what to make of this "Top" spot award, as described on the Fox News website. Wellfleet's Beachcomber Restaurant, which (seasonally) operates in what was at one time a Coast Guard Life Saving Station, is listed as one of America's "best places to drink outdoors". The method of making this determination seems dubious to me, but so what?

Check out the article on the Fox News website.

New Listing - North Eastham Classic Cape

This Classic Cape home has 3 bedrooms, 2 baths, an open floorplan with an updated kitchen, hardwood floors, skylights, lots of closets, and partially finished basement - all on a full acre. This home has a newer gas furnace, an efficient laundry area, several large decks, and 2 large outbuidings for your toys. Wonderful curb appeal with many plantings. Come see! Listed at $384,000.

Go to http://115WhelpleyRd.robertsheldon.com for more photos and a map. Check out the Virtual Tour...Here.

New Listing - Eastham Cape Rental Gem!

Lovely 3 bedroom, 2 bath, Cape home with an unusual center stairway. Downstairs is designed for open living with a comfortable kitchen/dining/living area with a fireplace and deck. The downstairs bedroom is just down a short hallway from the kitchen. Upstairs is a loft area, 2 big bedrooms and a large bathroom. This house is being sold turn-key, furniture included. This house has been used as a summer rental and has been a 'consistent performer'. Close to South Sunken Meadow Beach, the drive-in, and the Audubon Center. Listed at $389,000. A great value.

Go to http://185HarvestRd.robertsheldon.com for more photos and a map. Check out the Virtual Tour...Here.