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Nadine Krasnow, CRS

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You are here: Home / Archives for Juno blizzard

Winter’s Impact on Real Estate

February 11, 2015 by Nadine

Bourne BridgeThis is certainly turning out to be a challenging winter. It started off with almost no snow at all, but the last couple of weeks – wow, we’re breaking records!

Here are some great photos from Cape Cod Wave during the Juno blizzard.

Interestingly (or at least to me), the inventory of homes for sale in Falmouth is down by about 25% from where it’s been for the last several YEARS. I’m seeing homes that have been on the market for several months go under agreement. I’m guessing that buyers who saw homes in the fall and early winter are using snow-related time at home to negotiate on homes that they’d already seen.

A lot of new homes are not coming on the market, and this probably is weather-related. If the tension between significantly fewer homes available for sale and sparse new inventory continues, there’s only one result: prices go up. Time will tell. For right now, it’s still a good time for buyers.

Filed Under: Falmouth, Falmouth Community, Falmouth Fine Properties, Happenings Around Town, Market Trends, Real Estate Tagged With: Bourne Bridge rotary, Cape Cod Wave, Falmouth Fine Properties, Juno blizzard, Nadine Krasnow Realtor, Winter on Cape Cod

Falmouth Fine Properties  Nadine Krasnow, CRS

P.O. Box 664, Falmouth, MA 02541

Office: 508-457-7552 • Mobile: 617-921-7552

Email: capecodnadine1@gmail.com

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