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Cape Cod real estate continues to struggle as a result of the economic turmoil brought about by the recession that began in the fall of 2008. The region in Massachusetts continues to suffer from dramatically declining home prices and home sales. However, recent weeks have shown an increase in mortgage filings, [...]
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Tags: Barnstable·Barnstable Massachusetts·Cape Cod·Massachusetts·Real Estate·Real estate pricing·U.S. Housing Market·United States
Some of the iconic examples of Cape Cod real estate have started to close down in light of the nationwide economic downturn. Even relatively stable and well-known establishments have been forced to short-sell or submit to foreclosure. According to an October 12, 2009 article from the Provincetown Banner, “Townsend Lobster & Seafood, at 87 Shank [...]
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Tags: Cape Cod·Markets·Real Estate
