About Barnstable County, MA

I was chatting with a fellow Real Estate Agent this morning. He brought up a very interesting idea about the $700 billion bailout package recently passed by Congress. Think of this: if you were to take that money and divide it equally to every adult in the USA, that would put about $500,000 in the pocket of every adult!!

If this happened, can you imagine what would happen to the economy?? His thought is if the adults used the money to pay off their mortgages and spent the rest on cars, big screen TV's, etc., etc.........this would be a tremdous boost to the economy while funding the mortgage companies for these "poor performing assets" while creating tons of jobs, which would in turn create even more jobs as these people spent their income!!

Something to think about!!!!!!!

What are your thoughts??

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When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-487-6002 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.

The chart below is a visual representation of single family home sales in Falmouth MA over the last 10 years. As can be seen, there was definitely a peak in 2006. Since that time there has been a steady decline in the number of sales.

Well, is this good news? Many real estate analysts say that real estate works in 10 year cycles. So it the peak was in 2006, we must be at or near the bottom of the downturn. When you add in the lowest interest rates in awhile and the availability of foreclosed properties, there are some opportunities to buy at good values - even in the current turmoil.

So if you are considering Falmouth as an investment or as a place to settle down, now is the time to get a good real estate broker, or an agent if you can't find a broker, to "bird-dog" for you. I recently found one buyer a home that meets all their criteria - after 10 months of patient looking.

Its a beautiful day on Cape Cod!

Heath Coker, Cape Group, 508-548-8888

Fall weather brings crisps nights and mild days here in Colorado. As the leave begin to change and the days grow noticeably shorter, I can't help but recall the fond memories of the trips I made with my husband to Cape Cod and the differences between a Rocky Mountain autumn and a New England fall.

In Colorado we have mostly the golden colors of the Aspen trees here in Colorado with their striking contrast with the green of the various pine trees. However, Cape Cod is graced with a firestorm of color due to the larger variety of tree types native to the area. The road out the arm that is the Cape is lined with trees of orange, red, yellow, purple and brown leaves. It just ‘feels' like fall.

At the end of the Cape is a treasure of a town called Provincetown, or P-town by most locals. P-town is an eclectic artsy town renowned for its surrounding beaches, local artists, art galleries, and theater companies. The high street, called Commercial Street, is a mostly pedestrian street lined with unique and interesting shops sell all varieties of items.

If you ever make it to P-town in the fall or any other season, one NOT TO BE MISSED destination ought to be Ross' Grill. Located off of Commercial Street above the Whaler's Warf shops, Ross' Grill offers excellent food and wine in an intimate and romantic setting. The restaurant is relatively small and features a bar and dining area with views into the kitchen where the chef's work preparing a variety of offered meals.

The restaurant offers a deck overlooking Provincetown Harbor where you can relax with a glass of fine wine while waiting for your table. Ross' Grill is a ‘must-do' destination for us whenever we make it back to the Cape, or even for a drive from Boston. In fact, my husband asked me to marry him during dinner one special summer night several years ago. It's a special place, and while there are MANY very good restaurants to choose from in P-town, I highly recommend you check out Ross' Grill next time you're nearby.

Changing LINKS

Realtor Safety Seminar

Hosted by Century 21 Cape Associates, Falmouth Police Department and Rockland Trust

Thursday October 9th 2008

Time: 3:00-5:00

Falmouth Police Station

750 Main Street

Route 28

Falmouth

Community Safety Training

(Sellers ,Buyers and Realtors)

Thursday October 23rd, 2008

Falmouth Police Station

Time 6:30-8:00

A refresher course on staying safe in Our Business.

Call 508-540-9000 for more details

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As I sit here and contemplate my financial future and watch the stock market continue to fall (down 746.61 at the time of writing this) I can only think of a comment made on 60 MINUTES by an economist who said, "Bernacke and Greenspan have done a great job containing this economic situation to planet Earth." Today after checking the markets world wide and seeing the same sell off everywhere, I at 8am I had a pretty good idea what was going to happen today! I understand that the European markets have already started implementing there own versions of our "bailout" and almost all are Federally insuring individuals bank accounts up to certain amounts. As the credit crunch increases and prices of most stocks and commodities continues to fall (except for gold which is going through the roof), OPEC is now considering reducing oil production to stabilize its market. Typically I would understand this move but I was really hoping for a decrease in oil prices, which would have helped many Americans in the coming winter and now by allowing gas prices to continue to fall. However, it is a dog eat dog world out there and I shouldn't be surprised by this move. I understand the Fed is brokering the Wachovia deal between CitiGroup and Wells Fargo which probably means nothing will get done as the Fed wants the two companies to split up Wachovia, doubtful, but maybe I'm wrong. It certainly is a tumultuous time and I have been saddened to watch the dramatic effects on peoples 401Ks and I hope everyone understands the ramifications of these tremendous losses particularly on our older generations. Many who had or were near the age of retirement no longer will be able to afford to do so. I think of my own parents hope they get the chance to enjoy their golden years like their parents before them, but recently I am beginning to wonder. I can only imagine how they feel! Good luck out there and remember if you invest wisely and don't over extend your means you'll survive!