Nantucket Island Massachusetts Directory of Real Estate Resources

June 6 (Bloomberg) — While it’s folly to predict exactly when local housing bubbles will burst, there are ways to ensure that your real-estate holdings don’t explode.

With U.S. Federal Reserve Chairman Alan Greenspan finally weighing in with the observation on May 20 that he’s seeing “an unsustainable underlying pattern'’ and “froth'’ in U.S. housing markets, it makes sense to monitor local economic signs to guide when — and when not to — buy.

There may be a gradual slowdown as mortgage rates ascend in line with the Fed’s policy to curb inflation by raising short- term borrowing costs, provided it stays that course. So paying attention to types of financing used in the most active markets is critical.

It’s …

Inland Empire Real Estate - Mike and Irma Nunez

The Nunez team offers the Inland Empire community and San Bernardino County the resources and production of a professional real estate office with the infrastructure to provide personal care and attention to each client. Mike and Irma Nunez founded the Nunez team 18 years ago, with the goal of becoming “a unique Real Estate model based on ONE TEAM concept, proven systems and exemplary character to serve the Inland Empire and beyond.” Based on this vision.

Over 300 homes sold in 2003 and again in 2004!

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Real estate excellence for Inland Empire real estate and San Bernardino County homes. Sell your San Bernardino County home …

NANTUCKET, Mass. - In spring, along with the daffodils, crowds on the ferry and workers raking the beaches, comes the ritual of real estate gossip. What properties changed hands over the winter? And who could possibly be paying those out-of-sight prices?

That 15-acre waterfront parcel for sale for $15 million? It was snatched up after only one day on the market. Turns out the purchaser was Steven Rales, the billionaire entrepreneur who owns at least 61 acres next door and bought the parcel to protect his privacy and waterfront views, said Dalton Frazier, a local real estate agent.

Have any other palatial estates expanded? Not so long ago H. Wayne Huizenga, the billionaire founder of Blockbuster and owner of the Miami Dolphins, …

Measly returns on Wall Street over the last few years make the hottest housing market on record seem like a sure thing. It’s not.
By Forbes.com

Where’s a better place to put your money: the stock market or real estate? These days the accepted wisdom (at least at cocktail parties) says to pick real estate. But is the accepted wisdom right?

It is — in the short term. U.S. real estate sale prices increased more than 56% from the beginning of 1999 to the end of 2004, as tracked by the Office of Federal Housing Enterprise Oversight, part of the U.S. Department of Housing and Urban Development. The S&P 500 index ($INX) dipped nearly 6% during that same period.

But if you …