Market Conditions in 02601>Question Details

David, Home Seller in 02601

something happans in Hyannis ?

Asked by David, 02601 Wed Jan 9, 2008

Hey,
I've noticed there are a lot properties for sale in hyannis in the same area, in the airport area, something happanes there ? also I noticed prices are low in the area, is the sub prime effect the area ?

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5
absolutely the many REOs have brought the prices down which has attractred MANY first timew homeowners with PRIDE in ownership... check out my wesite ...JDREAM team.com for bank owned first hand!
0 votes Thank Flag Link Sun May 15, 2011
Lousy neighborhood--worst crime on the Cape.
0 votes Thank Flag Link Mon Oct 25, 2010
HI David,
Think you've got all the information - as I said, lots of people do not like the noise. My friends used to be part of a committee that spoke frequently to the airport management concerning "noise pollution". It is a difficult place to try and sell a property - something you need to think about ahould you desire to either purchase or sell there. I hope this answers any questions you may have without being overly repetitive to my earlier posting.
0 votes Thank Flag Link Sun Jan 13, 2008
The prices are low in the airport area in Hyannis primarily because many people do not like the noise of airplanes flying overhead. It is a very busy airport. There may be some environmental issues associated with the airport, which need to be investigated prior to purchasing real estate there. There are people, who are struggling with their mortgage payments in that area, due to subprime lending, as in other parts of Hyannis. I hope this answers some of your questions.
Tatiana Daniels
0 votes Thank Flag Link Sun Jan 13, 2008
Hi David,
I had friends that sold their home there. They did not like the airport noise all day/night. That aspect contributes to a lower price. There is also an expansion of the facility in the future.
0 votes Thank Flag Link Thu Jan 10, 2008
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