by David Murphy | Dec 7, 2023 | Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY FOR THE MONTH OF NOVEMBER 2023 SALES VOLUME DROPS & INDIVIDUAL VALUE FLAT! Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in November 2023 was down 13.6% from November 2022 volume and the total value of sales was down 14.7% from the previous year. The median individual property sale value was up 0.8% from the previous year. There was a 21.7% decrease in the volume of mortgage activity from November 2022 levels. Year to Date: Volume of Sales is down 19.6%; Total Value of Sales is down 17.9%; Individual Sales Value is up 7.6%; Mortgage Volume is down 39%. Register Meade reports that there were 451 deeds recorded at the Barnstable Registry of Deeds in November 2023 with stated sales values above $50,000.00 representing a stated value of $371,192,530.00 in county-wide real estate sales. Based on all property sales valued above $50,000.00, the median sale price of property in Barnstable County in November 2023 was $630,000.00. There were 612 mortgages recorded with values above $50,000.00 in November 2023 with a total value of $308,342,441.00. The median mortgage amount, commercial, residential or other, was $350,000.00. By way of comparison, there were 522 deeds recorded at the Barnstable Registry of Deeds in November 2022 with stated sales values above $50,000.00 representing a stated value of $435,276,093.00 in county-wide real estate sales. Based on all property sales valued above $50,000.00, the median sale price of property in Barnstable County in November 2022 was $625,000.00. There were 782 mortgages recorded with...
by David Murphy | Nov 6, 2023 | Recording Statistics
JOHN F. MEADE, REGISTER OF DEEDS REPORT OF BARNSTABLE COUNTY REAL ESTATE ACTIVITY FOR THE MONTH OF OCTOBER 2023 SALES VOLUME & INDIVIDUAL VALUE RISE! Barnstable County Register of Deeds, John F. Meade, reports that the volume of real estate sales in October 2023 was up 5.2% from October 2022 volume and the total value of sales was up 13.3% from the previous year. The median individual property sale value was up 7.7% from the previous year. There was a 19% decrease in the volume of mortgage activity from October 2022 levels. Year to Date: Volume of Sales is down 20.2%; Total Value of Sales is down 19.9%; Individual Sales Value is up 7.1%; Mortgage Volume is down 40.2%. Register Meade reports that there were 509 deeds recorded at the Barnstable Registry of Deeds in October 2023 with stated sales values above $50,000.00 representing a stated value of $461,031,891.00 in county-wide real estate sales. Based on all property sales valued above $50,000.00, the median sale price of property in Barnstable County in October 2023 was $675,000.00. There were 610 mortgages recorded with values above $50,000.00 in October 2023 with a total value of $322,969,137.00. The median mortgage amount, commercial, residential or other, was $388,850.00. By way of comparison, there were 484 deeds recorded at the Barnstable Registry of Deeds in October 2022 with stated sales values above $50,000.00 representing a stated value of $406,946,147.00 in county-wide real estate sales. Based on all property sales valued above $50,000.00, the median sale price of property in Barnstable County in October 2022 was $627,000.00. There were 753 mortgages recorded with values above...
by David Murphy | Oct 16, 2023 | Recent News
“TITLE FRAUD”, MORE ACCURATELY KNOWN AS “DEED FRAUD” – RISK LEVELS AND SAFEGUARDS Notwithstanding the seemingly non-stop ads warning of “title fraud” the actual instances of fraud related to real estate nationally are very low. Locally, in my 35 years as Register of Deeds I am aware of only one case of a fraudulent deed being recorded and in that case the fraud was discovered before the fraudster received the proceeds of the sale. I am not aware of any forged mortgages being recorded. In the rare event fraud does occur on the national level it usually happens with specific types of property and under specific circumstances. I will go into detail regarding those circumstances below but first I would like to explain the concept of “title” verses “deed”. Without getting too deep in the legal weeds, “Title” is a legal concept, not a document. “Title” is the means whereby the owner of land has just possession of property via the union of all the elements that constitute ownership. A “deed” is the physical document that transfers “title” to a new owner. Deeds are what get recorded at the Registry of Deeds to evidence a transfer of title. When a fraud occurs, someone forges the signature of the current owner of a property (and likely also forges the notary public acknowledgment as well) on a deed and records the forged document at the Registry of Deeds. Because the deed is forged it is not a valid transfer of “title” and no one else, notwithstanding the recording of the deed, has “title” to property. The original owner has not...
by David Murphy | Oct 2, 2023 | Recent News
We will be closed all day on Friday November 10, 2023 in observance of Veterans’ Day per the County Commissioners.
by David Murphy | Oct 2, 2023 | Recent News
Winter 2023-2024 Holiday Schedule Columbus Day: Monday October 9, 2023 – Closed All Day Veterans Day (observed): Friday November 10, 2023 – Closed All Day Thanksgiving Eve: Wednesday November 22, 2023- Closing at Noon Thanksgiving Day: Thursday November 23, 2023 – Closed All Day Day After Thanksgiving: Friday November 24, 2023 – Open All Day Christmas Day: Monday December 25, 2023 – Closed All Day New Years Day: Monday January 1, 2024 – Closed All Day Martin Luther King Jr. Day: Monday January 15, 2024 – Closed All Day Presidents Day Monday: February 19, 2024 – Closed All...
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