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architecture general info style

West End Waterfront With It’s Own Pier. $3.195M

This West End Waterfront home at 21 Commercial Street has four bedrooms and three baths and has 2,510 square feet. With a full length deck and a pier this one is a rarity on the Provincetown’s Gold Coast. It is being marketed at $3.195M.

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MLS COPY: Location is everything and you can’t ask for anything better than a prime West End waterfront location! This contemporary 4 bedroom home is offered with a waterfront deck that spans the length of the house and even has its own pier jutting out into the picturesque harbor. Bright and airy, the two level home features an open floor and offers water views from both levels. Master bedroom with en suite bath. Other amenities include wood burning fireplace, wood floors, oil heat and 3 car parking. Great rental income makes this a good investment property. Listing courtesy of Atlantic Bay Sothebys Intl Realty

 

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See all properties for sale at Beachfront-Realty.com

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Provincetown Listing Of The Week – 124 Commercial Street

124 Commercial Street just came on the market.  It is familiar to you as it is right across from the coast gaurd station on the corner of Whorfs Court.  It is a two unit house with 2,259 square feet and is being marketed for $1,899M.

 

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MLS COPY: Spectacular, newly renovated designer quality two family home! Distinctive for its chrome yellow double door front entry and white picket fence, the house sits at the corner of Commercial Street and Whorf’s Court, across from the Coast Guard parking lot. This 1830s antique has a two level owners unit with a first floor den, guest bedroom and guest bath, an upstairs master bedroom(king)and master bath, an extravagantly outfitted kitchen, large dining area and dramatic vaulted living room with fireplace and unobstructed water views. A bluestone patio at the front entry offers terrific people watching. Unit 2 on the first level is a handsome 2 bedroom 2 bath that is just as beautiful and produces generous rental income.

 

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See all available properties at Beachfront-Realty.com.

Listing courtesy of Raveis Real Estate.

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general info

Provincetown Listing Of The Week – Beachside Studio – 45 Commercial Street #14

45 Commercial Street #14 is a beautifully updated waterfront studio in the West End. It has 300 square feet and is being marketed for $349K. A wonderful opportunity to own a beachside condo!

 

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MLS COPY: Perfect West End Waterfront studio. Beautifully renovated 2nd floor condo with partial water views from the deck and corner window. Nicely updated granite kitchen and a tile bath compliment the open floor plan. Light filled with 3 exposures and large sleeping alcove. New mini split AC/heat. Huge common deck right on the water with beach access. Perfect weekend getaway or a great rental property. Association permits pet for owners, weekly rentals allowed. Common laundry! Well managed association. Off-site parking.

 

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Studio’s are a popular real estate category in Provincetown. They afford buyers at an entry level price point to buy on or much nearer the water than they would otherwise be able to do. Studios that are further from the water are even more affordable.

There are currently 8 studios on the market priced from $264K to $445K, and from 194 square feet to 450 square feet.

See all available properties at Beachfront-Realty.com. 

 

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Provincetown Sale Of The Week – 26 Alden Street #1

26 Alden Street #1 was the first condo to close at the 26 Alden Street Condominiums at the Grace Gouveia Building. This is a 2 bedroom 2 bath 1,029 sf flat with an exclusive use yard and parking. It sold for $669K.

 

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MLS COPT:  New total renovation. Private entry into this two bedroom/two bath first floor corner flat offering three exposures, 1020 sq ft of thoughtfully designed living space with modern linear Loft Series gas fireplace, Jenn Air stainless steel appliances, white gloss kitchen cabinets and quartz counters, 5 wide plank wood floors, separate dining area, tile baths with Grohe fixtures, air conditioning, private mahogany deck, one parking space and additional storage outside of the unit. Weekly rentals and pets for owners allowed. (rendering of #9)

 

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There is only one condo remaining of six originally available.  #9 is a two bedroom, two and 1/2 bath townhouse with 1,253 square feet and is being marketed at $729,000. (rendering above of unit #9)

See all available properties at Beachfront-Realty.com

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general info trends

Where Americans Are Moving

Interesting graphic by the good folks at Keeping Current Matters. Massachusetts still has “high outbound”! Hard to believe…but it could be because it is going to be -2 degrees this weekend? 🙁

Where Are Americans Moving? [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • For the 4th year in a row the Northeast saw a concentration of High Outbound activity.
  • Oregon held on to the top stop of High Inbound states for the 3rd year in a row.
  • Much of this Outbound activity can be attributed to Boomers relocating to warmer climates after retiring.
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analytics general info

The 20 Hottest Markets In US

A good review of the hottest real estate markets – by Brena at Housing Wire.

Here are the 20 hottest housing markets

San Francisco keeps top spot

san jose and san Fran

As 2016 begins, the residential market is going through its typical seasonal slowdown.

But despite the winter cool down, these markets are still shining through as the 20 hottest markets in the nation, with San Francisco once again landing the title of the hottest housing market in America, the latest report fromrealtor.com said.

However, while supply is moving slowly, it is still faster than last year, with days on the market is down 7% y/y.

On a similar note, the report found that the median list price in December is also down slightly from November. While this is consistent with the season, the decline is not as dramatic with prices stronger than usual in December.

Here are the 20 hottest housing markets in December

20. Midland, Texas

19. Fort Wayne, Indiana

18. Tampa-St. Petersburg-Clearwater, Florida

17. Boulder, Colorado

16. Detroit-Warren-Dearborn, Michigan

Mich

15. Modesto, California

14. Palm Bay-Melbourne-Titusville, Florida

13. Nashville-Davidson-Murfreesboro-Franklin, Tennessee

Tenn

12. Oxnard-Thousand Oaks-Ventura, California

11. Los Angeles-Long Beach-Anaheim, California

10. Stockton-Lodi, California

9. Yuba City, California

8. Santa Rosa, California

7. Denver-Aurora-Lakewood, Colorado

Colorado

6. San Diego-Carlsbad, California

5. Sacramento-Roseville-Arden-Arcade, California

4. Dallas-Fort Worth-Arlington, Texas

Dallas Roads

3. Vallejo-Fairfield, California

2. San Jose-Sunnyvale-Santa Clara, California

1. San Francisco-Oakland-Hayward, California

Bridge

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architecture general info style

Provincetown Sale Of The Week – The Icehouse #5A

Provincetown Sale Of The Week at the Ice House Condominiums.

501 Commercial #5A , is a two bedroom, two bath 1,272 sf waterfront penthouse. It sold for $940K with an asking price of $979K. The Icehouse condominium building has 23 units and is located on the beach in the East End. Sometimes thought of as a plain concrete box of a building, these condos have incredible water views up and down the Cape, and beachfront balconies that are unmatched in town. They are  are well priced options for those looking for waterfront living.

 

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MLS COPY: Breathtaking views of the Bay and charming rooftops of Provincetown from this penthouse apartment in East End Gallery district. Located in the historic Ice House with elevator service, this condominium has been updated with a loft-like flair. There is a large living room and dining room, leading to a renovated open kitchen with new cabinetry , high end appliances & stone countertops. There are banks of windows on two sides , leading to a balcony all of which embrace inspiring views. There are spacious bedrooms, large enough for sitting areas:one is ensuite, the other views the steeple of the Schoolhouse Gallery and has a guest bath with whirlpool tub. There is storage, in-unit w/d, central AC and assigned parking and wood floors throughout. A must see for those interested in views and waterfront.

 

See all available properties at Beachfront-Realty.com.

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architecture general info

Provincetown Sale Of The Week – 76 Commercial Street

Historic home in the West End.

76 Commercial Street #3, one of the most intriguing properties in the West End sold for $1.512M. It is a two bedroom, 1 bath condo with 1,737 sf. Asking price was $1.750M

 

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MLS COPY: Acclaimed artist Hans Hofmann used this space for his school of art and studio from 1945-66. Carefully restored, this unique home is adaptable to all lifestyles. With original flooring and ship-timber constructed gallery framing the hearth, this 19′ high space is illuminated by an 11’X14′ studio window. A galley kitchen opens to the living area with a breakfast nook of large windows that open to create a summer porch. There are two bedrooms; one fashioned from a porch is bathed in morning light, the other more spacious and contemporary. Overlooking the studio is a loft and gallery, serves as an office and accommodates a daybed. Throughout the Studio there are reminders of its history including Hofmann’s signature upon the door to his office, easel and paint pallet. Enjoy this unique home and its well sought after West End location.

 

See all available properties at Beachfront-Realty.com.

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analytics general info

Five Year Projection For Home Price Appreciation

 

I am always impressed with the KCM Crew.  (Keeping Current Matters) They are excellent at distilling big data points into understandable and accessible information.

 

Home Prices: Where Are They Headed Over The Next 5 Years?

Home Prices: Where Are They Headed Over The Next 5 Years? | Keeping Current Matters

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

The results of their latest survey:

Home values will appreciate by 3.9% by the end of 2015, 3.4% in 2016 and 3.1% in each of the following four years (as shown below). That means the average annual appreciation will be 3.2% over the next 5 years.

Projected Mean Appreciation | Keeping Current Matters

The prediction for cumulative appreciation rose from 18.1% to 21.6% by 2020. Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of 13.8%.

Cumulative House Appreciation | Keeping Current Matters

Bottom Line

Individual opinions make headlines. We believe the survey is a fairer depiction of future values.

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analytics general info

Provincetown Listing Of The Week

Listing Of The Week

 

A beautiful waterfront  nose unit at 333-R #7 Commercial Street is the 2016 inaugural Listing of the Week.  Two bedrooms and two baths with 798 square feet on the top floor with unparalleled views up and down the shoreline make this condo a perfect waterfront home. It is being marketed at $969K.

 

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MLS COPY: This one-of-a-kind waterfront penthouse boasts luxurious finishes and contemporary style! Located at Harborfront Landing, a recently built high-end condominium in the heart of downtown, this spacious condo enjoys views of MacMillan Pier, Town Hall & the Monument. The gracefully curved walls reflect the ocean waves and lead you from the entry to the beautiful waterfront living room. The chef’s kitchen has Sub-Zero,Viking,Wolf,Dacor & Miele appliances, distinctive granite counter tops w/ gorgeous tile back splash & high-end cabinetry. Other extras: gleaming oak floors, 2 deeded pkg spaces, exclusive waterfront deck,CAC, California closets, in-unit W/D, private locked storage area, sec intercom w/ video monitoring, spacious building hallways, & common beachside shower. Built to the latest hurricane standard. Rentals ok and pets for owners.

See all properties available for sale at Beachfront-Realty.com