Nantucket, MA— Several agents at Windwalker Real Estate recently earned the nationally recognized Short Sales and Foreclosure Resource Certification. The National Association of REALTORS^® offers the SFR Certification to REALTORS^® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.

According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures.  For many real estate professionals, short sales and foreclosures are the new “traditional” transaction.  REALTORS^® who have earned the SFR Certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities.

“As leading advocates for homeownership, REALTORS^® believe that any family that loses its home to foreclosure is one family too many, but unfortunately, there are situations in which people just cannot afford to keep their homes, and a foreclosure or a short sale results,” said 2009 NAR President Charles McMillan. “Foreclosures and short sales can offer opportunities for home buyers and benefit the larger community, as well, but it’s extremely important to have the help of a real estate professional like a REALTOR^® who has earned the SFR Certification for these kinds of purchases.”

Please contact one of our agents and put our experience and expertise to work.

Although Windwalker Real Estate doesn’t like to focus on the bad news, we strive to report on all Nantucket real estate news.   Here is a list of the Notice of Mortgagee’s Sale recently published in the Inquirer and Mirror.

• Address: 10-10 1/2 Cherry Street Google Maps Link Auction Date: February 22, 2010, 11:00 AM
• Address: 4 Dovekie Court Google Maps Link Auction Date: February 25, 2010, 12:00 PM
• Address: 45 Surfside Road Google Maps Link Auction Date: February 18, 2010, 12:00 PM
• Address: 77 Easton Road Google Maps Link Auction Date: February 23, 2010, 2:00 PM
• Address: 9 Aurora Way Auction Date: February 22, 2010, 10:00 AM
• Address: 5 Main Street Google Maps Link Auction Date: February 25, 2010, 1:00 PM

For more information on these properties or any Nantucket properties, please contact Windwalker Real Estate.

Nantucket real estate inventory reached a high in September 2009 when total listings numbered 749 properties.  Though some owners have taken their properties off the market for the winter, there were 532 properties listed for sale as of January 15, 2010.  This included 358 residential listings, 68 land listings, 25 commercial listings and 81 condo/multi-family/co-op listings.

For more data and research on Nantucket Real Estate, visit our Research Page.

Although Windwalker Real Estate doesn’t like to focus on the bad news, we strive to report on all Nantucket real estate news.   Here is a list of the Notice of Mortgagee’s Sale recently published in the Inquirer and Mirror.

• Address: 101 Somerset Road Google Maps Link Auction Date: February 4, 2010, 12:00 PM
• Address: 2 Anne’s Lane Google Maps Link Auction Date: February 4, 2010, 11:00 AM
• Address: 8 Anna Drive Google Maps Link Auction Date: February 11, 2010, 1:00 PM

For more information on these properties or any Nantucket properties, please contact Windwalker Real Estate.

Although Windwalker Real Estate doesn’t want to focus on the bad news, we  like to report on all real estate news.   Here is a list of the Notice of Mortgagee’s Sale recently published in the Inquirer and Mirror.

• Address: 4 1/2 Macy’s Lane Google Maps Link Auction Date: January 28, 2010, 9:00 AM
• Address: 22 Bluebird Lane  Google Maps Link Auction Date: February 5, 2010, 2:00 PM
• Address: 2 Cedar Circle  Google Maps Link Auction Date: January 28, 2010, 12:00 PM
• Address: 30 Hummock Pond Road  Google Maps Link Auction Date: January 28, 2010, 1:00 PM
• Address: 11 Starbuck Road   Google Maps Link Auction Date: February 4, 2010, 1:00 PM
• Address: 9 Old Westmoor Farm Road  Google Maps Link Auction Date: February 1, 2010, 2:00 PM
• Address: 6 Pine Tree Road  Google Maps Link Auction Date: January 21, 2010, 1:00 PM

For more information, please contact Windwalker Real Estate.

With the Turkey Plunge and Christmas Stroll in the rear view mirror, another Nantucket summer seems just around the corner (oh the power of wishful thinking). It was just this time last year that many were speculating as to what degree the precipitous financial collapse would affect the Nantucket’s high end real estate market.  Now that we have tallied most all of the 2009 sales, we know that 30 miles out to sea wasn’t quite far enough away for seeking shelter.  But, the full year results for Nantucket may not be as bad as some predicted and recent activity suggests positive developments on the journey to recovery.

The month of November brought in 40 transactions and $62 million in sales.  This is double the amount of activity seen in November 2008 both for the number of transactions and dollar volume.  While some may note that a comparison month sandwiched between the fall of Lehman and the Madoff scandal doesn’t amount for much, nearly ever sale that closed in November 2008 went under contract prior to the financial market’s domino game that began in September.  Perhaps more promising is that the November monthly average is down only 13 percent from the five year monthly average.

To keep reading, check out Windwalker’s Research page for the full report (available 12/18/2009).