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Sunrise along Great Bay
Have you noticed "holiday creep", so that now even Halloween and St. Patrick's Day have become events you have to prepare for - i.e., shop, go places, do things, prepare and eat certain foods? In essence, make plans and spend time and money? 

For me, the result is "holiday fatigue". I no sooner get one behind me than the next one is coming up. 

I wish we had just a few holidays that we could savor in whatever way appeals. For me, Thanksgiving is right up there. 

Mary Richmond, who writes a delightful nature column in The Enterprise, wrote last week about why she enjoys Thanksgiving, and I found that I felt much the same way. Here's some of what she said:

It's a time to say thanks, to share what we have with others, to remember all the people whose hearts have touched us, and those we've touched. We can break bread together, laugh and sing and be silly. We can share our moments of sadness and loss as well, for as we get older, there are more empty chairs around the table. There are new little ones, too, though, for life moves on. Life is rich and there is much to be thankful for...

...I am grateful for the nature I find here on the Cape. I am grateful to see the whales and dolphins. I am grateful for the seals and even the sharks. I am grateful for the cranberries and beach plums and high bush blueberries...

I am thankful that the sun still shines and the rain still falls....

Count me in! I'm also thankful every day for the Buyers and Sellers who have come into my life and become cherished friends; and for you who have referred your friends, and made it all possible. 

Have a tasty and nourishing Thanksgiving, all!
Cape Cod Dreams

Falmouth Realtors rock! How cool is this: we agents have added another weekly tour of homes priced at $1,000,000 and up. 

We meet in the Staples parking lot at 8:45 on Thursday. Since the new tour is by price, we go all over scouting out the new listings, unlike the weekly MLS tour which is organized by neighborhood with one section of town per week.

It remains to be seen if there will be enough new inventory over $1,000,000 to sustain this tour (see article below for facts and figures), but for now, it's a lot of fun and very useful.

For your real estate fix of the week, here are some of these "dream homes" (as always, click on the address or photo for more details):


#21408231
$999,000



#21400939
$1,575,000

318 Acapesket

 
#21409099
$1,795,000
 
#21209394
$1,900,000

78 Associates


#21408676
$1,925,000



#21406250
$1,999,999



#21403129
$2,250,000

16 Worcester


#21407768
$2,695,000
 

 
#21408130
$2,700,000
 
#21206996
2,995,000

24 Ocean

 
#21409613
$4,995,000
 
By the Numbers...Numbers

For those of you who like to see the facts and figures, following are some great graphs and charts that describe the market for homes above $1,000,000 in Falmouth for the last 14 months. 

You'll notice that because so few houses sell each month in this category, the market appears to fluctuate wildly, when in fact only 3 houses have made that happen.

A snapshot of this market reveals that there are currently 69 single-family homes above $1,000,000 for sale. (The charts include condos, so the numbers are slightly higher.) A note of context: these 69 are included in the 358 single-family homes currently for sale in Falmouth.

The price breakdown is as follows:
  • 40 in the $1,000,000 - $1,999,999 range 
  • 13 in the $2,000,000 - $2,999,999 range
  • 5 in the $3,000,000 - $3,999,999 range
  • 2 in the $4,000,000 - $4,999,999 range
  • 4 in the $5,000,000 - $5,999,999 range
  • 1 in the $6,000,000 - $6,999,999 range
  • 0 in the $7,000,000 - $7,999,999 range
  • 1 each in the $8 million, $9 million, and $10 million ranges

For me, the most interesting chart is the one that shows, with a deeply dipping red line, how much less money homes in this price category sell for compared to their asking prices. Enjoy!

 

Number of Homes For Sale vs. Sold vs. Pended (Aug. 2013 - Oct. 2014) 

 

 

 

Average Price per SQFT (Aug. 2013 - Oct. 2014) 

 

  

 

Avg Days On Market & SP/Orig LP % (Aug. 2013 - Oct. 2014) 

 

  

 

Average Price of For Sale and Sold (Aug. 2013 - Oct. 2014) 

 

 

 

Months of Inventory Based on Closed Sales (Aug. 2013 - Oct. 2014) 

 

 

To put both Falmouth and the $1 million+ category in context, here's a snapshot of all current activity in Barnstable County:

 

 

Story of the Week: Romance in Real Estate

All closings are wonderful. They represent a moment in time of a new beginning for people, with the hope and (yes) trepidation that leaping into the unknown engenders. And truth be told, regardless of financial circumstances, a house purchase is a big chunk of change. It's the tangible hope for good times, good friends, and a great Cape Cod life. 

For me, a closing is the culmination of hard work, time, attention, problem-solving, hand-holding, and a lot cheerleading. I feel honored to midwife such an important moment in people's lives, people I become very fond of during the process.

Here's the romance, last Friday's closing:

The couple was looking for a second home in Falmouth. They live full-time in Florida, in separate homes (they're not married). She's from the Cape and still has close friends and family here. He was looking with his son at Life, a supportive residential program in Mashpee for young adults with special needs, and thought it would be great to have a base here if his son indeed did become part of the Life community. 

So the search began with simple homes in the 400's, and ended with a stunning home for almost a million. This is great, yes? But here's where hearts entwined: although they looked at all the homes together, weighed the pros and cons together, and raised the price range together, he made the offer as a surprise gift to her. An unforgettable moment - especially if you saw, as I did, "the light dawning" on her face when I showed up with an Offer to Purchase.

He did the paperwork for the closing in Florida while she drove up, towing a trailer with nesting essentials. Coming back to the house on Friday after the closing, and watching her start making a house a home - their home - was beyond satisfying. I know I'll be telling this story for a long time, with new pleasure each time.

Not all closings are as dramatic as this, but I cherish each one for what it means to each buyer. Thank you ALL for giving me the privilege of helping you and the people you refer find a new house to make into a home - or to sell your home as you move on. I am blessed to have you in my life and my work.
Happy Thanksgiving, and may you enjoy this season of appreciation with good times, good friends, and a great Cape Cod life!


Cordially,

Nadine

Nadine Krasnow
Falmouth Fine Properties
P.O. Box 664
Falmouth, MA  02541
(617)921-7552
nadine@falmouthfineproperties.com


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