Thursday, January 29, 2009
PS. If you look at night, it'll be dark.
Wednesday, January 28, 2009
It didn't stop there however. The house we ended up buying needed a tremendous amount of work. Bob gave us great recommendations for contractors and put us in touch with quality people of all variety who service houses on the cape. He stuck with us and helped it all come together. If you're looking for someone to find you a home on the cape, call Bob. :)
J. & B. S. (of Massachusetts)
Monday, January 26, 2009
Saturday, January 24, 2009
Thursday, January 22, 2009
- January 25 - "A Night to Remember"
- February 1 - "Treasure Island"
- February 8 - "Cast Away"
- February 15 - "Master and Commander"
- February 22 - "The Perfect Storm"
All the movies have a maritime theme (duh!) and are free.
Wednesday, January 21, 2009
On a cold January night in 1909, in a deep fog, two ships collided off Nantucket. The Republic, was a luxury liner, of the White Star Line (remember the Titanic?) headed out from New York City for a leisurely cruise around the Mediterranean. The Florida, was filled with impoverished people fleeing the consequences of an earthquake in Messina, Italy, in the hope of a better life in America.
What happened next was the historical first wireless distress call, and the heroic story of the wireless operator named Jack Binns. The distress call was received by the Wellfleet Marconi Station. Only 7 people died from this wreck that should have taught us that more could to be done to save lives after collisions at sea. Read the story of Jack Binns and see the plans to celebrate this important 100th anniversery. Check out these websites...
Monday, January 19, 2009
- “Bank Closures at an All Time High in 2008”. Wrong - In 1989 there were 1,004 bank closures. In 2008 there were 30 bank closures. On average there are 94 bank closures per year
- “Foreclosure Rates Show No Sign of Slowing”. Wrong - During the Great Depression Foreclosure Rates were 50%. Nationally today our Foreclosure Rates are 3%
- Unemployment Sky-High. Wrong - During the Great Depression Unemployment ran at 25%. Nationally today our Unemployment is 7.2%
These figures were shared in a recent speech by the Lt Governor of Utah, Gary Herbert. This doesn't mean we have nothing to worry about, but the current hole isn't as deep as we've seen.
Sunday, January 18, 2009
Friday, January 16, 2009
The next graph shows current active single family homes in the context of the last 2 years. You'll see that inventory is decreasing. Time will tell us whether this is real or just a slow month in a normally slow season. It could be the beginning of a more balanced marketplace, caused in part, by renewed buying encouraged by the record low mortgage interest rates.
Wednesday, January 14, 2009
Monday, January 12, 2009
Today's dusting of snow reminds me that it's still winter, but spring is just around the corner. Yeah!
Friday, January 09, 2009
Thursday, January 08, 2009
- If a home seller has a 'new' single-walled tank, he needs to get a variance from the fire department. The fire department requires the tank to be stamped with the date of manufacture or that the home seller provide the invoice showing when the tank was installed prior to issuing the variance.
- Lacking a variance, the home seller must replace the existing oil tank with a new double walled tank and have the old tank removed. This is roughly a $2,000 expense.
Of course, homes without an oil tank don't face this issue.
An alternative to installing a new oil tank is conversion to natural gas heating. Many streets in Eastham have buried gas lines, making this conversion a viable option. Although conversion can be costly, the expense can be reduced by taking advantage of promotions offered by the gas company as their way of locking you in as a new customer. Also, sometimes the Seller will grant the Buyer a credit, at closing, since they will not have to pay for the take conversion.
Lastly, buried oil tanks are forbidden and must be removed prior to closing.
Monday, January 05, 2009
Ellery Althaus and his friend, Levi Bridges, who is from Maine, will be flying from Boston to Moscow in late February. The two will travel the Trans-Siberian railroad across Russia to Vladivostok, on the Pacific side. There they will train and take a half-semester of intensive Russian at a local university, then head out on their bikes when the snow clears, westward into the wind across Russia. They will enter Europe through the Ukraine, then head down to Porto, Portugal. The 10,000-mile trip will take 10 months. Check out the Cape Codder story for more information. The trip will be chronicled on the bikers' website.
Sunday, January 04, 2009
Friday, January 02, 2009
The discussion about this bill centers on 3 areas. Firstly, will this tax 'hurt' the summer rental business? Since most rental landlords want to keep their weekly rentals fees level (or slightly more) with 2008, the tax will be on top of the rental fees. The Outer Cape will then be 10% less competitive that other locations. This will hurt.
Secondly - Who will collect this tax? The current discussion is that the local rental agencies won't be collecting the fees, since they only represent a fraction of the total rental homes. Then who? and How?
Lastly - the vote. The vast majority of the landlords who own rental property on the Outer Cape don't live here. Therefore they will not get to vote at the town meetings. The taxes will be imposed by the folks who live in the towns, but they will not have to pay. This is certainly unfair to the rental homeowners.