February 18, 2009

Great News for First Time Home Buyers?

Posted to Falmouth, Massachusetts, Peter Hawley

I am trying to digest all the news coming from Washington, D.C., and there seems to be many things going on, and still more to come. I do know that the First Time Home Buyer Program has had a significant change. The first being the Tax Credit has been increased from $7,500 to $8,000. It is a complete Credit, with no pay back, which the previous rules required. This program will be available for those who purchase through December 2009, so there is a small window of opportunity to take advantage of this FREE incentive.

Here in Falmouth, Mass. where I Sell and List Real Estate, (www.peterhawley.com), there has been an increase in the number of people looking for property. Now with this $8,000 Tax Credit available, Interest Rates for Mortgages in the low 5% range and possibly going lower, and a great inventory to select a house from, those who have the long view, meaning staying in a property for 5-plus years, this is the time to purchase.

It always seems Real Estate Agents say that, it is a “Great Time to BUY,” but if you review the facts, it is a Great Time to Buy. With the increase activity of people house searching, the better opportunities are available for only short periods of time. Bank owned properties receive multiple offers and are moving. This is the segment of the market that offers real opportunity for those who have the long view. Buyers might be able to provide the TLC to those properties that have ?good bones? and with some time and effort again can sparkle.

Will there be other buying incentives coming from Uncle Sam, we need to stay tuned to see what else might appear on the horizon. I am confident that any new incentives will be retroactive to the beginning of 2009, so one does not need to be fence sitting, one needs to identify the properties that best meet their needs and take action they may be available next week.

Please contact me at phawley@jackconway.com or call my direct line at 508-444-4057, to set an appointment, so we may work together and find you an OPPORTUNITY to BUY!

Posted By: Peter Hawley


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July 16, 2008

The Edge of America

Posted to Falmouth, Massachusetts, Peter Hawley

From the Edge of America, Falmouth, Massachusetts is a thriving community on the southeast corner of Cape Cod. Here you will find the best in summer recreation, be it sitting on the beach soaking up the sun, fishing on and off shore, traveling to Martha’s Vineyard either directly from the Falmouth Harbor on the Island Queen, or transporting your vehicle on the ferry that leaves Woods Hole.

A community that boasts an $8 million library renovation, a new expansive addition to the Falmouth High School, the excellent medical facility and services provided at the Falmouth Hospital, world renowned research facilities at the Marine Biological Lab, and at Woods Hole Oceanographic, an active Art and Cultural community, summer theater and concerts at Highfield, exploring the Waquoit Bay Research Reserve at Washburn Island, bicycling or walking along the Rail Trail are but a few assets that attract people to Falmouth.

Waterfront and Water View real estate values continue to be strong, with an up tick in closed sales during the second quarter of ‘08. New construction continues and the up grading of older waterfront properties is in full swing.

If you are seeking tranquil settings away from the water, contact me at phawley@jackconway.com and I’ll show you areas such as Sippewissett, West Falmouth, and North Falmouth, which offer wonderful opportunities.

There is no time like the present to explore the real estate opportunities here on the Edge of America.

Posted By: Peter Hawley


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