Explore exclusive insights into Cape Cod's high-end real estate market in the first quarter of 2024. Discover trends, top sales, and inventory dynamics, providing valuable analysis for buyers and sellers.
Home sales are lagging. Although economists (as did I) predicted around 4.60 million existing home sales for 2024, that number is now expected to end the year at 3.84 million units [according to NAR September report]. This represents a 6.1% decline from 2023, which was already the worst year we had seen since 1995. Bear in mind that the US [...]
By Ruth Kennedy Sudduth, Principal and Vice Chair of LandVest's Board of Directors, Director of LandVests Fiduciary and Family Office Consultancy
Economists are known for their two hands:
On one hand, wealth creation, demographics and underbuilding support the market.
On the other hand, overly ambitious pricing and more inventory are a
LandVest's President, Joseph Taggart, shares his expertise on the housing shortage in the US and the attempt to accommodate the newest generation of buyers.
Camden and the Midcoast have quieted down after the holidays but theres lots of ongoing winter activity.
The National Toboggan Championships, held February 3 and 4 at the Camden Snow Bowl, were a great success with over 400 toboggans entered, clear weather, and favorable ice conditions; the town was packed and [...]
Stewart Young, a LandVest | Christie's International Real Estate Principal focusing on Cape Cod, the South Coast, and Boston's western suburbs, compiles the LandVest Index which tracks sales of high-end properties across New England and the Adirondacks.
The 2024 Outlook by LandVest is a 3-part series of analysis and insights on the investment land and luxury residential markets.The perspectives outlined in this series are informed by performance in our investment land, residential, and fiduciary consulting business units and in consultation with over 70 real estate professionals from
LandVest's President Joseph Taggart provides his expert insight on forecasting residential home sales as we head into 2024.
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