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JPFCO

JPFCO REAL ESTATE BUZZ

Aug 1, 2009       Issue: 140

J Pepper Frazier Company
View from Monomoy
 
 New Listings VIEW ALL

Jul 26, 2017

Cliff
$5,975,000

Jul 26, 2017

Town
$4,945,000

Jul 25, 2017

Town
$2,495,000

Jul 25, 2017

Town
$895,000
 
 Recently Sold VIEW ALL 

Jun 22, 2017

Mid Island
$930,000

Jun 26, 2017

Town
$5,585,000

Jun 26, 2017

Cliff
$2,450,000

Jun 16, 2017

South of Town
$325,250
 

ISLAND HAPPENINGS
Boston Pops on Nantucket August 8th

Join all of the crowds at Jetties Beach for the Boston Pops concert held to benefit Nantucket Cottage Hospital. It is a tradition now with fine food (for certain ticket holders), outstanding music, the gorgeous setting of an August evening on Jetties Beach. This event directly benefits NCH and its many programs. Another cool option is to listen to the music from your boat in the harbor...but be prepared to be a navigator!
  Link to Buy Tickets 
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REAL ESTATE BUZZ
  Mid-Summer Update

The rental season has turned out to be better than expected. According to JPFCO numbers we have booked the same amount of tenants as the two previous seasons. A portion of those tenants have altered their budget, but still want to come for the same time period. We are doing as many, if not more sales showings, and are drafting some quality offers. The short sale listings are getting a lot of attention from buyers, but less attention from the banks that need to negotiate those offers. We have been working with several fantastic mortgage companies, and buyers have been getting excellent attention from the brokers and attorneys. We are cautiously optimistic that we will put together deals that please both buyers and sellers this month.
 
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RENTAL BUZZ
  Get on the water without the hassle of owning your own boat....

The Nantucket Boating Club (NBC) is a membership-only boating club providing the latest Boston Whaler boats for its members’ use so they can experience quality, safe, family fun while creating a lifetime of memories on the waters of Nantucket. At a fraction of the cost and without the obligations of ownership, NBC introduces unprecedented value to the pleasures of boating.
    Pricing & Details  
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NANTUCKET REAL ESTATE NEWSWIRE
 

NOTES FROM PEPPER THE ELDER
  Gold, Silver or Real Estate?

Normally, the ratio of the price of an once of silver to an once of gold is around 15:1. Today it stands at 71:1. What does that tell you? Either gold is very expensive or silver is cheap. I don't know, but I think they're both good investments (not bullion, but coins). However, not as good as prime real estate in markets you know. Precious metals don't pay interest or rent. They have no tax advantages and you can't live in them. Yeah, yeah, I know, they don't have to be mowed, but that's a write-off and could be a way to employ one of your delinquent kids. I know I'm stating the obvious, but real estate is the best play on tangibles out there. Also, keep in mind that interest rates are still very low, but when inflation hits they are going to move up very quickly. That's it for now. I should probably explain the bullion versus coin thing; maybe next time.
 
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One of the oldest and most experienced nantucket real estate
JPFCO | 19 Centre Street Nantucket, MA 02554

Call Us: (508) 228-3202