JPFCO
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J Pepper Frazier Company
Sep 1, 2009 JPFCO REAL ESTATE BUZZ
Issue: 142
View of the Monomoy Creeks from a Kayak

ISLAND HAPPENINGS
Nantucket Arts Festival Aug 28th-Sept 7th

The fall festival kicked off Friday night with a variety of events at downtown galleries, now called the Insomni-ACK since it is held in the evening. There are over 100 exhibits being held from now until Labor Day. Click on the link below to see the full schedule of exhibits and venues.
Detailed List of Events

REAL ESTATE BUZZ
Great Deal in Surfside

Looking for a brand new house with waterviews and a short stroll to an amazing South Shore beach? 12 Pequot fits the bill. Beautiful, brand new, three bedroom upside-down home with water views on half an acre of well landscaped property. House is nicely appointed with reclaimed heart pine floors, central A/C, tiled baths, granite counters, the most modern amenities and spacious living spaces. Under 200 yards to Surfside beaches. Listed at $2,475,000.

RENTAL BUZZ
September Long Weekend Rentals

Now is the perfect time to plan a fall getaway. Autumn on Nantucket historically offers fabulous weather, and the pace of life is ideal for most guests. The rental properties are now accepting shorter stays and are renting at affordable rates. Travel is less congested. The golf courses, and the tennis courts have great availability for use. The beaches are quiet, and the water is still warm enough to swim.

NOTES FROM PEPPER THE ELDER
Follow the leader...

Wowie. Zowie. Did I spell that right? Oh, ok, correctly. 4 straight months of increase in home sales. With a 7.2 % gain in July, the largest since they started tracking this statistic. A false start? Perhaps. There certainly is room for scepticism; however, I have uncovered a very interesting, for me at least, and possibly very telling fact. Two fund managers, Warren Buffet and George Soros, with distinctly different investing styles, hold 5 stocks in common. Two are in the oil/energy sector, which is a sure sign these men anticipate increased commercial activity. Two, Home Depot and Loews, are in the building components business and the 5th Walmart is an unadulterated home goods/consumer play. I've already said I don't want to bet against John Paulson and now you can add Buffet and Soros to the list. As sure as I'm sittin' on this bale of hay, these gents are betting on real estate. How about you?
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