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Housing Market on Cape Cod Stablizes..

Yes, that’s the report on the front page of the Cape Cod Times today. It’s hard to believe, but for the first time in a long time, the main stream media is reporting some good news with regard to the Real Estate market. That good news being, that the “bad news” is not “as bad”. The Housing Assistance Corp. is fielding slightly fewer phone calls from people seeking help with foreclosures, and local foreclosure rates are down 3% in the 1st quarter in Barnstable County. Okay, so it’s no guarantee of a big turn around of the market here on Cape Cod, but it’s a step in the right direction. A little bit of positive information can go a long way.

Let’s hope for more good news.

JF

 

 


 

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