{"id":1233,"date":"2013-11-14T17:53:40","date_gmt":"2013-11-14T17:53:40","guid":{"rendered":"http:\/\/new.jpfco.com\/dir\/?p=1233"},"modified":"2013-11-14T17:53:40","modified_gmt":"2013-11-14T17:53:40","slug":"nantucket-real-estate-market-iq-through-the-roof","status":"publish","type":"post","link":"https:\/\/www.jpfco.com\/dir\/nantucket-real-estate-market-iq-through-the-roof\/","title":{"rendered":"Nantucket Real Estate Market IQ Through the Roof!!!"},"content":{"rendered":"

The Nantucket real estate market acts like any unrestricted market – there are buyers and sellers and the market sets the price for the good.\u00a0 There are arbitrage opportunities because real estate is illiquid, but for the most part, the market is efficient.\u00a0 However, almost all of the arbitrage opportunities are on the buy side – for some reason a property is undervalued (the zoning is about to change, the property is a key piece in a development, the broker underpriced it, etc.), so a buyer takes advantage of the opportunity and creates instant equity.\u00a0 Arbitrage opportunities rarely happen on the sell side because buyers are savvy and even if a buyer unknowingly agrees to overpay, the deal will more than likely blow up because the property will not appraise at the agreed upon price.\u00a0 So, it is much harder for a seller to sell for over market than a buyer to buy for under market.<\/p>\n

There will always be sellers that think they can outsmart the market, that think their property is worth more because they love it, but the market’s IQ will more than likely prove to be higher.\u00a0 Can’t trick the system…<\/p>\n

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Click here<\/a> to see the latest Nantucket stats.<\/p>\n

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The Nantucket real estate market acts like any unrestricted market – there are buyers and sellers and the market sets the price for the good.\u00a0…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1233","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/1233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/comments?post=1233"}],"version-history":[{"count":7,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/1233\/revisions"}],"predecessor-version":[{"id":1241,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/1233\/revisions\/1241"}],"wp:attachment":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/media?parent=1233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/categories?post=1233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/tags?post=1233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}