{"id":507,"date":"2012-04-14T11:17:30","date_gmt":"2012-04-14T16:17:30","guid":{"rendered":"http:\/\/new.jpfco.com\/dir\/?p=507"},"modified":"2013-07-23T12:43:06","modified_gmt":"2013-07-23T12:43:06","slug":"high-end-to-the-rescue","status":"publish","type":"post","link":"https:\/\/www.jpfco.com\/dir\/high-end-to-the-rescue\/","title":{"rendered":"High-end to the rescue?"},"content":{"rendered":"<p>Beyond hard statistics like time on the market, inventory levels, and properties under agreement, which are all improving, there is another, subtle sign that the market is improving-the high-end is heating up.  In the last two weeks, there have been two high-end sales, 18 Rabbit Run Road for $7,000,000 and 59 Shawkemo Road for $7,747,500, and two high-end properties went under contract, 4 Salt Marsh Road, listed at $6,500,000, and 183 Polpis Road, listed at $9,850,000.  This may not seem like much of a sign, but the high-end has led the market out of the bust cycle many times before.  Think of successful fund managers; other managers mimic the successful managers&#8217; moves because the successful managers are successful for a reason-they make smart investments.  Buyers who can afford high-end properties typically can afford them for a reason-they make smart investments.  Does anyone remember what happened when Lou Gerstner bought 10 and 17 Berkeley Avenue in 2003?!<\/p>\n<div class=\"\"><a href=\"https:\/\/www.jpfco.com\/dir\/wp-content\/uploads\/2012\/04\/DSC_0020_11.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jpfco.com\/dir\/wp-content\/uploads\/2012\/04\/DSC_0020_11-199x300.jpg\" alt=\"\" title=\"DSC_0020_1\" width=\"199\" height=\"300\" class=\"aligncenter size-medium wp-image-508\" srcset=\"https:\/\/www.jpfco.com\/dir\/wp-content\/uploads\/2012\/04\/DSC_0020_11-199x300.jpg 199w, https:\/\/www.jpfco.com\/dir\/wp-content\/uploads\/2012\/04\/DSC_0020_11.jpg 425w\" sizes=\"auto, (max-width: 199px) 100vw, 199px\" \/><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Beyond hard statistics like time on the market, inventory levels, and properties under agreement, which are all improving, there is another, subtle sign that the&hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4,8,10],"tags":[],"class_list":["post-507","post","type-post","status-publish","format-standard","hentry","category-about-nantucket-island","category-local-real-estate-market","category-real-estate-listings-for-sale","category-real-estate-news"],"_links":{"self":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/507","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=507"}],"version-history":[{"count":0,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/507\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/media?parent=507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/categories?post=507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/tags?post=507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}