There are just over 1900 properties in the pre-foreclosure stages on Cape Cod on May 6, 2008. This is only a small fraction of real estate on Cape Cod. There are some 140,000 homes on the Cape. Less than half of those homes are second homes. Some communities have more than 50% vacation home or investment status, but when averaged, most homes on Cape Cod are owner occupied.
Falmouth is the second largest town on Cape Cod. Falmouth's year round economy and miles of shoreline provide both year-round and summer usability. There are many year round restaurants, hotels, and coastal entertainments, and there are year round businesses whether you are a "Hole-ie" in Woods Hole doing scientific research or fishing in Nantucket Sound for sport or income. Falmouth has many "villages": Falmouth, North Falmouth, West Falmouth, East Falmouth, Sippewisset, Quisset, Woods Hole, Waquoit, Teaticket, Hatchville, and other locally known areas.
Here are the breakdowns for Falmouth real estatethat I have found. Keep in mind these are PRE-foreclosures (as of 5/6/08) and many may not go to complete foreclosure.
North Falmouth 15
East Falmouth 164
Tomorrow: Mashpee real estate
Yesterday: Barnstable real estate
Heath Coker, Associate Broker
Robert Paul Properties
www.CapeGroup.com / firstname.lastname@example.org
508-274-5613 Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup Skype: heath.coker