Exeter NH Homes | Stratham NH Homes - 2008 Market Report Homes Sold

 
Real Estate is also a topic of great interest for almost everyone, and especially these days.  With media outlets continually highlighting their perceptions of the real estate markets across the country, it makes is imperative to consult with a local professional REALTOR to get the real straight facts about your local real estate markets.

Here in the NH Seacoast real estate markets, some of our towns have fared better than the media would have you believe, while other towns haven't fared as well.

Thie market report deals with the Exeter New Hampshire and Stratham NH homes sold and homes that came on the market for sale during the year 2008.


Exeter New Hampshire Homes Activity - 2008:

  • During 2008, we saw 201 homes in Exeter NH come on the real estate market for sale, with an average asking price of $420,595
  • Of those homes that were for sale in Exeter last year, 96 homes sold during 2008. 
  • The average selling price of those homes was $358,555, and the average amount of time it took to sell those homes was 160 days
  • Sellers, on average, received 95% of their last asking price.

Exeter NH Homes Real Estate Market - 2008 - Ann Cummings NH REALTOR



Stratham NH Homes Activity - 2008:

  • During 2008, 132 homes in Stratham came on the market for sale, with an average asking price of $519.451
  • Fifty-four Stratham homes sold during 2008, and those homes sold had an average asking price of $404,951
  • The average days on the market to get those homes sold was 141 days
  • Sellers in Stratham, on average, received 98% of their last asking price.

Stratham NH Homes Real Estate Market - 2008 - Ann Cummings NH REALTOR

 

To read more about the real estate markets in the Seacoast NH and Maine towns:
Seacoast NH and Maine Real Estate Market Reports

Are you thinking about buying or selling homes or condos in the Portsmouth NH area?
Buying Real Estate in the NH Seacoast Areas
Selling Real Estate in the NH Seacoast Areas

Do you want more information on the New Hampshire or Maine real estate market?  Have questions about the buying or selling process?  Give me a call or send me an email and let's talk real estate!

Click here to search homes and condos for sale in NH and Maine
Contact Ann Cummings New Hampshire REALTOR View Featured Homes and Condos For Sale in the Portsmouth NH Area Check Out My Monthly Real Estate Newsletter - Ann Cummings

Click here to see all things real estate and community info for Portsmouth NH Area - Ann Cummings NH and Maine REALTORFollow Ann on Twitter!

Ann Cummings, New Hampshire REALTOR
RE/MAX Coast to Coast
Portsmouth NH
ann@anncummings.com
888-349-5678x 3839
Servicing the Coastal Areas of NH & Southern Maine     
New Hampshire and Maine Real Estate


Servicing the New Hampshire towns of Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, Durham and surrounding areas, and the Maine towns of Kittery, Kittery Point, Eliot, South Berwick, York, and surrounding areas.

 

Newcastle NH Homes | Rye NH Homes | North Hampton NH Homes - 2008 Real Estate Market Recap

Rye NH Homes - Rye NH Real Estate - Ann Cummings NH REALTOR

Real estate markets
and the local activity have varied greatly all across the country.  All real estate is local, super local, and no matter how hard the medie tries to portray a national real estate market, there really is no such thing. 


The various regions of New Hampshire are all quite varied, and even here in the Seacoast areas of NH and southern Maine, real estate activity varies from town to town. 


This real estate market report focuses on the NH Seacoast towns of Rye, North Hampton and Newcastle
:


New Castle New Hampshire Homes - 2008 Real Estate Market Recap:

During the year (2008), 33 homes came on the market for sale, with an average asking price of $1,221,542.  We saw 15 homes sell in New Castle during 2008.  Those homes had an average selling price of $1,064,957, and it took an average of 182 days for those homes to sell.  Sellers realized, on average, 92% of their last asking price.

       Newcastle NH Homes Activity 2008 - Ann Cummings NH REALTOR



Rye New Hampshire Homes - 2008 Real Estate Market Recap:

2008 saw 130 homes in Rye NH come on the market, with an average asking price of $949,368Seventy Rye homes sold in 2008, and the average sold price was $656,333.  The average days on the market for those homes that sold in Rye last year was 136 days, and sellers in Rye received an average of 92% of their last asking prices.

      Rye NH Homes Activity 2008 - Ann Cummings REALTOR


North Hampton New Hampshire Homes - 2008 Real Estate Market Recap:

North Hampton NH homes for sale during 2008 totalled 91 homes, with an averaga asking price of $802,908.  We saw only 35 homes in North Hampton sell last year, with an average selling price $726,320.  Those homes that sold last year took an average of 202 days, and those sellers received an average of 90% of their last asking price.

      North Hampton NH Homes Market Report - 2008 - Ann Cummings NH REALTOR

 
To read more about the real estate markets in the Seacoast NH and Maine towns:
   Seacoast NH and Maine Real Estate Market Reports

Are you thinking about buying or selling homes or condos in the Portsmouth NH area? 
    Buying Real Estate in the NH Seacoast Areas
    Selling Real Estate in the NH Seacoast Areas


Want more information on the New Hampshire or Maine real estate market?  Have questions about the buying or selling process?  Give me a call or send me an email and let's talk real estate!

 

               search-homes-condos-new  portsmouth-nh-area-real-estate-market-reports1
    contact-me-ann-cummings  check-out-featured-homes-for-sale  check-out-my-monthly-real-estate-newsletter-ann-cummings

     anncummingscom        Ann Cummings NH REALTOR - Follow me on twitter
Servicing the New Hampshire towns of Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, Durham and surrounding areas, and the Maine towns of Kittery, Kittery Point, Eliot, South Berwick, York, and surrounding areas.

 

Steelers Flag

OK, so I'm not really a Pittsburgh Steelers fan, but, BUT I am keeping my end of a bet that I lost.  This was my penance - to write a glowing post on how awesome the Steelers are and how they should win the Super Bowl.

The only thing, about the only thing, i know about the Steelers is that their colors are black and yellow.  Who would choose those colors anyway??  Alright, I know, I got off course on that remark,  Oh, and one other thing I know, the mayor of Pittsburgh changed his name from Ravenstahl to 'Steelerstahl' - I'd say he's a FAN, huh?

Steelers Teddy Bear
Back to the Steelers....I will admit that I sought help from fellow Twitter buds, and oh boy did they come through!  Pictures, videos, folklore, facts, songs, and more.  And I want to thank them for their help, for without that, this post would be pretty bleak.  I'd have to resort to true and total fakery.


Who did I lose this bet to, and what was the bet???  Mr. Idaho, George Tallabas and I made a bet that whichever of our teams made it the furthest in the playoffs would have to write a glowing post on the other's team.  Well, I'm a New England Patriots fan, and George is obviously a Picksburg (hmm) Steelers fan, and guess who lost.....  ;-(


For you George!!!

Pittsburght Steelers Fans on a Float


I've been told that the "Steelers fans are the best in the world".  None other than our very own Carnac sent that missive to me.  Linda Davisis a big Steelers fan herself, even though she lives in New England, where the PATRIOTS are.

Mr. Focus on Fredrick Maryland, Bob Carney, was very kind and helped me out with some great Pittsburgh lore, explaining just what the big deal is with Steeler football.

"Being a Steeler fanmeans so much more than football. It means being from a corner of the world unlike any other. It means being from a place where the people are so tough-minded that they have survived the Homestead strikes, the Johnstown flood and most recently the Etna Floods. These people have the DNA of hard work, in mills and mines, without the necessity of complaint. They live simply, with no frills. They don't have movie stars or fancy cars."


Steeler Football
More on being a Steeler fan -

"Steeler football means so much more than you think. It symbolizes a Diaspora of generations who had the best childhood they could imagine. They ran free without a care or concern in the valleys of those Allegheny Mountains. Their blue-collar world was easy ... there was no one to tell them that they lacked material things. There was no one to tell them that they needed more.

As the steel mills closed and the jobs disappeared, some of these people had to leave. While the world benefits because they spread their Pittsburgh values, they long for their home where things were simpler and more pure. They teach their kids about Jack Lambert, Lynn Swann, Terry Bradshaw, Franco Harris, Jack Ham, L.C. Greenwood, Joe Greene, and Myron Copein hopes of imparting not just the knowledge, but the feeling that they represented.

They are everywhere, those Terrible Towels. They wave, not just for the team, but for the hearts they left behind. They wave in living rooms in Fort Lauderdale and in the bars of Washington, D.C. They wave all the way to the Seattle Superdome! They wave for the Rooney family, whose values mirror our own - loyalty, grit, and humility. They wave for football players like Jerome Bettis and Hines Ward, whose unselfishness and toughness have allowed sports to be about the game and the team.
"

 Here's a great Steeler Polka song I was sent - click on the Steelers Monkey below to open up the song:

                                Steelers Monkey

 

George, I hope your Steelers win, since my Patriots fell by the wayside some time ago!

Here's a few trinkets I found for you on a website where they were marked down for clearance:

Steelers Toothbrush  Steelers Tape Measure  Steelers Hammer

             Steelers Mailbox                Steelers Shower Curtain 


This just in - a Steeler Jeep ran over a raven.......   from another fellow Patriot's fan, Jay McGillicuddy!
                                 Steeler Jeep ran over a raven

 

GO PITTSBURGH STEELERS - ALL THE WAY TO THE SUPER BOWL!!!!!


Love ya George!!   ;-)


                                   Ann Cummings NH REALTOR

 


OK, I admit I am not the most adept when it comes to software like Excel, but one of my sister's (Karen - for those of you who've met her) is awesome at teaching herself all kinds of stuff when it comes to technology, and I knew she knew how to do charts and graphs.  And I wanted some of my own!

Karen and I spent a couple of hours on the phone, actually on Skype (it's FREE!), trying to get me up to speed, (okay kindergarten speed) on Excel so I could at least do the very basics for the types of charts or graphs that I'd like for some of my market reports.  She's so patient, and sometimes I am and sometimes I'm not, but we finally got to where I could do and create the basics for what I want.  And then I tinkered around and added color, changed some stuff up, etc.  Now, how to get them into my posts - we just could not figure that part out, no matter what we did!  U-G-H.........

Gena Riede - Sacramento Real Estate Sales

I had read Gena Riede's post on the latest market information on Sacramento real estate, and loved how her graphs looked.  I asked her how she made hers, and how she got them into her posts.  I didn't know how to do what she emailed me as her steps to getting those beautiful charts into her post, so I kept thinking.



And my thinking led me to remember to use the "Search" feature here on AR. 


A little while back, I had read a post that Elizabeth Nieves had written and I thought she mentioned ScreenHunter, and downloaded that program right after reading her post.  But I couldn't figure out how to make it work like she had done.  And out of frustration, I was going to just delete it off my computer, but hadn't gotten around to it just yet.  If it wasn't something I picked up from Elizabeth, my apologies to whoever it was - I just tried to find the post or comment in a post where I learned about this, and I can't find it to link to.

Richard Dolbeare - Kauai Real Estate

So, back to the AR "Search" feature - I typed in 'excel charts in posts', and got a slew of links that came up.  Most of them weren't about what I wanted, but there were a few in there.  I did read and watch Jeff Turner's tutorial post on charts, using google charts, but I wanted to use the charts I'd already created with my sister in Excel. 

I kept reading, and found posts by Richard Dolbeare on Excel charts and some really cool things you can do with them, but I still wasn't seeing HOW to get them into a format that I could insert into my posts.  His posts on advanced excel charts are great reading for really making your charts and graphs look really cool, so check them out.


More reading....and then I found Joe Manausa's post, "How to Make Market Graphs for Your Blog".  Joe's got detailed steps in a video he put together on this post.  Most of that info included the steps I'd already done, and then towards the end he told how to get them into .jpg format.  And guess what??  He uses the program above that I was just about to delete - ScreenHunter!  I watched that part in detail, and then went to my desktop, and opened ScreenHunter up, and just stared at it again, still clueless.  But I was a little more determined this time around, and through their 'help' section, I finally GOT IT!!

           Rye NH Homes - Activity for 2008 - Copyright Ann Cummings NH REALTOR


I can see I still need to tinker with ScreenHunter to get better with it, but I am psyched to know I can now get charts and graphs into my posts - FINALLY!!

So, thanks for all the sharing that goes on in so many posts and comments.  If you're looking for some information, make sure to use the "Search" feature here on AR - you're sure to find exactly what you're looking for.  I certainly did!

                    Search New Hampshire and Maine Homes Condos For Sale   Portsmouth NH Homes - Portsmouth NH Area Real Estate Market Reports
          Contact Ann Cummings New Hampshire REALTORNH and Maine Real Estate - Featured ListingsRead My Newsletter

                    Ann Cummings New Hampshire REALTOR     Follow Ann Cummings on Twitter!


Ann Cummings, New Hampshire REALTOR
RE/MAX Coast to Coast
Portsmouth NH
ann@anncummings.com
888-349-5678x 3839
Servicing the Coastal Areas of NH & Southern Maine     
New Hampshire and Maine Real Estate

 

 

 

 Portsmouth New Hampshire Real Estate Market Update - December 2008

Portsmouth NH - Downtown Popovers Bakery and Cafe
The real estate market in Portsmouth had ups and downs in 2008.  Demand was there, inventory was there in some parts of the market and in other parts it was very lean.  Some areas in town have a pent-up demand, such as the Little Harbor area, and others have an over-supply of homes or condos on the market.

Real estate in Portsmouth NH and the surrounding area is always a topic of interest for most people in this area.  As the real estate market goes, so goes most other things, it seems. 


So, how did Portsmouth NH homes and condos fare in December?  Check out the numbers below:


Portsmouth NH Homes - December 2008 Market Recap:

49 homes are currently for sale in Portsmouth
Asking prices range from $163,900 to $1,595,000
Average asking price is $447,715
Average Days on the market - 131 days

homes in Portsmouth NH went sale pending/under agreement
Asking prices ranged from $176,500 to $359,000
Average asking price - $285,240
Average Days on the market - 109 days

8 Portsmouth NH homes sold during December 2008
Asking prices ranged from $79,500 to $465,000
Sold prices ranged from $72,000 to $410,000
Average sold price - $284,250
Average Days on the market - 122 days
Average List-to-Sell Ratio - 95%

24 homes in Portsmouth expired from the market during December 2008 without selling.

Portsmouth NH Real Estate - Gorgeous Victorian Home - Ann Cummings Copyright 2008
Portsmouth NH Condos - December 2008 Market Recap:

86 Portsmouth condos currently for sale
Asking prices range from $114,900 to $1,472,000
Average asking price is $438,192
Average Days on the market - 192 days

1 condo in Portsmouth went sale pending/under agreement
Asking price was $399,900
Days on market - 227 days

3 Portsmouth NH condos sold during December 2008
Asking prices ranged from $195,500 to $295,000
Sold prices ranged from $190,000 to $290,000
Average sold price - $235,633
Average Days on the market - 204 days
Average List-to-Sell ratio - 99%

17 condos in Portsmouth NH expired from the market without selling during December 2008.



Portsmouth New Hampshire
is a beautiful coastal town, a working port, and has much to offer anyone interested in living here.  If you're interested in exploring the real estate market here in Portsmouth, either as buyers or sellers, send me an email or give me a call at 1-888-349-5678 x 3839

I'd love to help you with your real estate goals!

                           Portsmouth NH - Historic Homes in the South End - Ann Cummings Copyright 2008

 

Related Reading:

Seacoast NH and Maine Real Estate Market Reports
Absorption Rates and Why They're Important to Know

  • Pricing Your Seacoast NH Homes and Condos Correctly for Todays Market
  • Pricing Your Home To Sell

     

    Search New Hampshire and Maine Homes Condos For Sale   Portsmouth NH Homes - Portsmouth NH Area Real Estate Market Reports
    Contact Ann Cummings New Hampshire REALTORNH and Maine Real Estate - Featured ListingsRead My Newsletter

           Ann Cummings New Hampshire REALTOR     Follow Ann Cummings on Twitter!


  •   Ann Cummings, New Hampshire REALTOR
      RE/MAX Coast to Coast
      Portsmouth NH
      ann@anncummings.com
      888-349-5678x 3839
      Servicing the Coastal Areas of NH & Southern Maine     

     

             Kittery Maine, Eliot Maine, York Maine - Real Estate Market Recap for Oct - Dec 2008


    Kittery Point Maine Docks - Kittery Maine Real Estate

    The Seacoast areas of Maine and New Hampshire real estate markets have been up and down over 2008, with some towns being a little more positive than the previous year.  And as with all things, some towns fared better than others, both in New Hampshire and in Maine coastal towns.  

    Everyone knows someone who's thinking about buying and/or selling real estate, and it's very difficult to try to time the real estate market, no matter where you are.  Properties are selling, and those homes and condos that have sold have been priced properly for the market and for the condition of the condo or home.
     

    Setting the correct price for homes and condos is so crucial in a market like the one we're in, and have been in.  Buyers are internet-empowered, and they search for real estate and information on-line, many times long before they actually begin to work with an agent to see properties.  If your home or condo isn't perceived to be a good value when it's being viewed on-line, you rarely get a chance for those buyers to come see it in person because they've already ruled it out.

    Another key component to getting your property sold is the exposure Maine or New Hampshire homes get.  The overwhelming number of buyers who begin their search on-line make it vital for you to choose an agent who understands that and utilizes the power of the internet.  Buyers come from all over the world, and because of that, Maine homes or condos need that same kind of on-line exposure.  Make sure the Maine REALTOR you're considering hiring to represent you and your property as a strong on-line presence.  If they do, then they likely understand and use the internet to get the job done for their clients.


    For those interested in keeping tabs on the real estate markets in the southeastern Maine towns of Kittery Maine, Eliot Maine, and York Maine, here is the real estate market update for the last quarter of 2008, broken down by town:


    Eliot Maine Real Estate
    Eliot ME Homes Update - Oct. 1, 2008 - Dec. 31, 2008

    13 Eliot homes sold during the last quarter of 2008
    Sold prices ranged from $158,000 to $570,000
    Asking prices ranged from $179,000 to $615,000
    Average days on the market - 163 days
    Average list to sell ratio - 95%

    51 Eliot Maine homes are currently for sale 
    Asking prices range from $185,000 to $3,500,000
    Average days on market - 200 days
    Average asking price $588,489

    17 homes expired during the 4th quarter without selling.

    Kittery Maine Public Library - Kittery Maine Real Estate Homes
    Kittery Maine Real Estate - Kittery ME Homes Market Update - Oct. 1, 2008 - Dec. 31, 2008

    39 Kittery Maine homes sold during the last quarter of 2008
    Sold prices ranged from $95,000 to $674,000
    Asking prices ranged from $124,900 to $674,000
    Average days on the market - 175 days
    Average list to sell ratio - 86%

    94 Kittery homes are currently for sale
    Asking prices range from $154,900 to $5,295,000
    Average days on the market - 229 days
    Average asking price - $763,122

    22 Kittery homes expired from the market during this time period without selling


    York Maine Real Estate
    - York ME Homes Market Update - Oct. 1, 2008 - Dec. 31, 2008

    33 York ME homes sold
    Sold prices ranged from $150,000 to $825,000
    Asking prices ranged from $149,900 to $1,049,000
    Average days on the market - 168 days
    Average list to sell ratio - 92%

    246 York Maine homes currently for sale
    Asking prices range from $127,900 to $3,895,000
    Average days on the market - 244 days
    Average asking price - $788,812

    53 York homes expired from the market during this time frame wtihout selling.

    Nubble Lighthouse - York Maine - Ann Cummings REALTOR - Copyright 2009
    If you're thinking about buying or selling real estate in the southern Maine Seacoast towns - Eliot, York, Kittery, South Berwick - Send me an email or give me a call (1-888-349-5678 x 3839), and let's see how I can be of help to you with your real estate goals!

     

    Related Reading:

    Seacoast NH and Maine Real Estate Market Reports

    Seacoast NH and Maine Real Estate Market Reports
    Absorption Rates and Why They're Important to Know

  • Pricing Your Seacoast NH Homes and Condos Correctly for Todays Market
  • Pricing Your Home To Sell

    Search New Hampshire and Maine Homes Condos For Sale   Portsmouth NH Homes - Portsmouth NH Area Real Estate Market Reports
    Contact Ann Cummings New Hampshire REALTORNH and Maine Real Estate - Featured ListingsRead My Newsletter

               Ann Cummings New Hampshire REALTOR               Ann Cummings - Twitter - @acummings


    Servicing the New Hampshire towns of Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, Durham and surrounding areas, and the Maine towns of Kittery, Kittery Point, Eliot, South Berwick, York, and surrounding areas.

  •  

     

    Stowe Vermont Hot Air Balloon Festival - 2005

    Life is a journey as we've all been told our whole lives.  Active Rain is a journey as well, and it becomes whatever we choose to make it for ourselves.  My journey to 300,000 points has been full of all kinds of things!  Sort of like the journeys the Flat Active Rain Dudes took all over the country - remember those fun posts??   ;-)


    I joined Active Rain back in July 2006, and I think there were barely 4,000 members back then.  I had no idea what this place was nor any notion of what it could be or what to do now that I had joined.  Maybe I was lucky enough to set up a profile then, but I sure didn't write any posts back then.  I remember coming back some time later on, did some reading, got up the nerve to leave a comment here and there, and finally that September, I put up my first post.  I was nervous as all get-out.  I got one comment from back then, and then a jokester showed up a year later and left me a comment.  And then another friend stopped by....


    And from then on, I began dipping into the posting and commenting waters of AR.  Oh yeah, I made a few mistakes, the biggest one was leaving my website links after my comments.  But I tried to rectify that by apologizing for committing the cardinal sin of 'blogging spam'.  Back then, to help us figure out something to write about, someone at AR would put out topics, "Blog Topic #3, Blog Topic #5, etc.", that some of us would then write about.  Guess we're all beyond that now, huh?


    From July 2006 through today, I've made so many awesome friends, and you all mean so much to me.  What a journey we've been on together, huh?  So many fun meet-ups, all the great phone calls and emails.  Celebration Gathering, Asheville Meet-Up, Portsmouth On the Docks Meet-Up, Clermont Florida Meet-Up, Cape Coral Gathering, and Orlando AR Hard Rock Party - so many terrific people that I got to meet there at NAR Convention.  And I know I'll be meeting even more from this great community during this year, too.  San Diego in November should be great fun, and maybe even Washington DC in May.

      Celebration Gathering    Lunch With janeAnne in Asheville

             Dan Cummings and Ann Cummings     Active Rain Party - Orlando - 11-2008 - Ann Cummings

    You know, I've said to several people I've talked with here on AR, being here and sharing as we do, you really could never go to another seminar or conference or convention for educational classes because you can learn so much right here.  You can get information quicker and usually much more pertinent to our own businesses just by reading and networking with other AR members.  I know the amount of things I've learned since joining here far surpasses 3 years of seminars, etc. outside AR that I might have gone to.

    Ann Cummings - NH REALTOR

    I've learned so much about blogging in general - remember the book reviews a group of us did a year or so ago?  Those were fun and what a great learning experience we went through.  Some of those posts continue to be read and commented on even today.  And great friendships came about through those reviews, too.


    Newspaper and magazine writers have found me on AR, and I know others have had the same types of experiences.  I've even had relatives find me that I never knew I had - how cool is that??!?!?!?



    Bear Collage

    We've shared lots of good times together, as well as some tearful and excruciatingly painful and sad times, too.  I can't begin to convey to all of you how very much your cards, emails, phone calls, flowers, gifts and tokens of friendship have meant to me while I've been dealing with the loss of Bear, the love of my lifeHe was my world, my best friend and business partner and so much more than simple words can convey


    Thank you for continuing to keep me in your thoughts and prayers.
     



    Just a few short years ago, none of us could possibly have imagined our world being full of virtual friendships that would come to mean so very much to us.  As a friend to many of us penned, "friends that live in our computers" have come to be very close friends, sometimes even closer friends than friends in our 'real' worlds.  Some of you I've known for years from other networks, back before there was such a thing as "Active Rain".

     
    So, as was pointed out to me on New Year's Day, I slipped past that 300,000 point milestone on New Year's Eve, as a new year was beginning.  Who knows what 2009 will bring me, what it will bring us, but I hope it's some good things, a lot more learning and sharing, and some more fun and great friendships for all of us.

    Thank you all for being part of my journey for the last 2 1/2 years, and I hope we continue journeying forward together for a long time to come.

       Colleen and Ann - Celebration 2007     Neal Bloom and Ann Cummings

     
        Jim Lee, Ann Cummings, Angus Moo Woodbury    Brian Brady and Ann Cummings - Orlando 2008     

              Rudy, Ann, Pete - Trulia Booth            Ann Cummings - NH REALTOR

     

                    Search New Hampshire and Maine Homes Condos For Sale   Portsmouth NH Homes - Portsmouth NH Area Real Estate Market Reports
    Contact Ann Cummings New Hampshire REALTORNH and Maine Real Estate - Featured ListingsRead My Newsletter

    Copyright 2009 - Ann Cummings - All Rights Reserved.

     


    Shadows and Silhouettes Around Portsmouth NH - Ann Cummings 2008

    A friend of mine sent me a link to an article by InfoWorld.com written by Mike Elgan that talked about 10 things the author felt wouldn't make it through the recession we're in. 


    These things are all around now, the last day of 2008, but will they still be here at the end of 2009?

     

     



    Here's the list of the 10 Things That Won't Survive the Recession:

    • Free Tech Support - humans answering the phone and helping with tech problems will fall by the wayside, and many companies will resort to message boards for consumers to seek help from.

    • Wi-Fi We Pay For - public and/or free wi-fi is popping up all over the place, including many towns setting up their own wi-fi for their residents.  With this happening, there won't be any need to keep paying for it.

    • Landline Phones - with so many dropping their landlines to go totally cellular, it's predicted landline phones will become archaic very soon.

    • Movie Rental Stores - downloading movies will force this to happen.

    • Web 2.0 Companies With No Business Plans - investors have dried up, and those with money want to see solid business plans before letting go of any money.

    • Silicon Valley Companies - failures and mergers of tech companies have caused this to happen, and a prediction of them to boom again during the next boom.

    • Palm, Inc. - iPhone, Blackberry and Google causing the demise of Palm and its investor partner, Elevation Partner.

    • Yahoo - not being able to compete with Google, will it go the way of Netscape, Commodore, and others?

    • Half of All Retail Stores - online shopping has taken over a huge chunk of shopping, and the prediction is that malls will become ghost towns, many stores will just disappear, and Amazon.com will become a monster shopping site.

    • Satellite Radio - the losses are too big and financial obligations can't be met.  New car sales are way off, and that's where most of the satellite radios are sold.  Ah, goodbye Howard Stern??

    What will disappear next??  Ann Cummings NH REALTOR

    I'm inclined to agree with this list, and I'm sure we'll see more than just this list of 10 disappear.  What are your thoughts on these things disappearing?  What others would you include that you don't think will make it through the coming year, or that won't make it through this recession?


    Change is afoot, and has been, and I think we'll see some very interesting changes during the coming year.  Any predictions on what those might be?  Feel free to leave your predictions in the comments.


    Here's to a great and interesting 2009 for all of us!
    Happy New Year,
    Ann

                    Search New Hampshire and Maine Homes Condos For Sale   Portsmouth NH Homes - Portsmouth NH Area Real Estate Market Reports
    Contact Ann Cummings New Hampshire REALTORNH and Maine Real Estate - Featured ListingsRead My Newsletter

                                                  Ann Cummings New Hampshire REALTOR


    Servicing the New Hampshire towns of Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, Durham and surrounding areas, and the Maine towns of Kittery, Kittery Point, Eliot, South Berwick, York, and surrounding areas.

     


    New Hampshire Homes Real Estate Update - Newcastle, Greenland, North Hampton - Nov. 2008

    NewCastle NH - Looking out to Ocean - Ann Cummings NH REALTOR
    The Seacoast areas of New Hampshire and Southern Maine are really very pretty areas, and we have a very diverse real estate market here.  Some towns have felt the downward turn in the real estate market more than others, and some have weathered it much better than areas around the country.

    We always have a strong demand for NH homes and condos here in the Seacoast because of our location - we're right here along the Atlantic Ocean, and we're 45 minutes north of Boston, 45 minutes east of Manchester, and 45 minutes south of Portland Maine - all great cities with airport transportation for those needing it.  We are also just a little over an hour away from mountains for great winter snow skiing and other winter sports.

    Here are Seacoast NH real estate updates for the month of November 2008:

    Newcastle NH:

    Homes for sale
    ---   12
    Average Asking Price --- $1,299,750
    Days on Market --  216 days
    New Listings in Nov   --- 1

    Homes Sold in Nov. ---  2
    Average Sold Price  --  $2,000,000
    Average Days on Market --  154 days
    List to Sell Ratio   ---  90%

    Homes Sale Pending/Under Agreement  ---  1
    Average Asking Price   ---  $585,000
    Days on Market  --  158 Days

    2 listings expired in November


    North Hampton New Hampshire
    :

    Homes for sale
      ---   54
    Average Asking Price   ---  $686,677
    Average Days on Market   ---  214 days
    New Listings in Nov.   ----   6

    Homes Sold in Nov ---   3
    Average Sold Price  ---  $599,967
    Average Days on Market    ---  262 days
    List to Sell Ratio  ----   91%

    Homes Sale Pending/Under Agreement in Nov.  --  2
    Average Asking Price   ---- $467,000
    Average Days on Market   ----   381

    8 homes expired from the market without selling in North Hampton during November.


    Greenland New Hampshire
    :

    Homes for sale  ---   28
    Average Asking Price  ---  $481,743
    Average Days on the Market  ---  147
    New Listings in Nov.   ---   3

    Homes Sold in Nov.  ---   3
    Average Sold Price  ---  $273,433
    Average Days on the Market ---  64 days
    List to Sell Ratio  ---97%

    Homes Sale Pending/Under Agreement in Nov.  ---  3
    Average Asking Price  ---  $354,600
    Average Days on the Market ---  104 days

    4 homes expired in Greenland without selling during November.


    North Hampton NH - Town Gazebo - Ann Cummings

    Homes generally expire from the market without selling because they weren't priced properly for the market and/or for the condition that the home or condo was in.  Buyers just don't see them as a good value for the money, so they move on to the properties that are price properly.


    If you're thinking about selling your home, one very important fact to know about your market is the absorption rate.  The absorption rate will tell you how long it will take for the current inventory of homes in Greenland, North Hampton, and New Castle NH to be absorbed by the market if no other homes come on the market.  The absorption rate for November 2008 in Newcastle NH was 6 monthsNorth Hampton's absorption rate was 18 months, and for Greenland it was just over 9 months.  If you want your home sold, you need to know this number to help you price your home accordingly.

    Are you a homeowner in the New Hampshire or Maine Seacoast area you're thinking about seling your home or condo?  If so, call me today at 888-349-5678 x 3839, or send me an email at ann@anncummings.com, and let's talk real estate!

     

    Related Reading:

    Seacoast New Hampshire Real Estate Market Reports
    Absorption Rates and Why They're Important to Know

  • Pricing Your Seacoast NH Homes and Condos Correctly for Todays Market
  • Pricing Your Home To Sell

    Search New Hampshire and Maine Homes Condos For Sale   Portsmouth NH Homes - Portsmouth NH Area Real Estate Market Reports
    Contact Ann Cummings New Hampshire REALTORNH and Maine Real Estate - Featured ListingsRead My Newsletter

  •                                               Ann Cummings New Hampshire REALTOR


    Servicing homeowners and home buyers in the New Hampshire towns of Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, Durham and surrounding areas, and the Maine towns of Kittery, Kittery Point, Eliot, South Berwick, York, and surrounding areas.

     

     Rye NH Real Estate Market Update - Rye New Hampshire Homes for November 2008

    Rye NH Real Estate - Ordiorne State Park - Ann Cummings Copyright 2008
    Rye New Hampshire
    is a lovely slice of NH beauty right along the coastline.  Rye has rocky coastline and sandy beaches, as well as beautiful inland areas.  We have some gorgeouse new construction and newer homes right alongside antique farmhouses, and we have seasonal cottages, too.

    The real estate market in Rye NH has been like many other NH and Maine Seacoast towns here in this area, up and down.  Like everywhere else, everyone always wants to know how the real estate market is, here in Rye and all along the Seacoast areas.  Real estate impacts so many facets of the local economy, and many use that as a gauge for how things are now and where they might be going in the near future.

    Rye NH homes real estate market for the month of November:

    Rye currently has 63 homes for sale through the Multiple Listing Service (MLS), and 5 of those homes were new to the market in November.  The average asking price is $1,191,994, and the average days on the market for those homes for sale has been 231 days.

    During the month of November, we saw 2 Rye NH homes go sale pending/under agreement.  The average asking price of those homes was $342,950, and the average days on the market was 48 days for those homes.

    Four homes in Rye sold/closed during November, and the average selling price of those homes that sold was $526,175, with the average total days on the market for those homes being 56 days.  Those sellers who sold their homes in Rye during November received 96% of their last asking prices

    We saw 9 homes in Rye expire from the market without sellingThe main reason homes don't sell during their listing period is they were priced incorrectly for the market and/or condition of the home.  And most likely, these 9 homes didn't sell because they weren't priced correctly, and buyers didn't see them as a good value for the money.


    If you're thinking about selling your home, one very important fact to know about your market is the absorption rate.  The absorption rate will tell you how long it will take for the current inventory of homes in Rye NH to be absorbed by the market if no other homes come on the market.  The absorption rate for November 2008 was just under 11 months, which is a little higher than October and a little less than September.  If you want your home sold, you need to know this number to help you price your home accordingly.

       Rye NH Homes - Rye New Hampshire Real Estate - Ann Cummings NH REALTOR  Rye NH Homes - Rye New Hampshire Real Estate - Ann Cummings NH REALTOR

    Are you thinking about making Rye New Hampshire or any of the surrounding Seacoast areas your home?  Call me today at 888-349-5678 x 3839, or send me an email at ann@anncummings.com, and let's talk real estate!

     

    Related Reading:

    Seacoast New Hampshire Real Estate Market Reports
    Absorption Rates and Why They're Important to Know

  • Pricing Your Seacoast NH Homes and Condos Correctly for Todays Market
  • Pricing Your Home To Sell

    Search New Hampshire and Maine Homes Condos For Sale   Portsmouth NH Area Real Estate Market Reports
    Contact Ann Cummings New Hampshire REALTORFeatured ListingsRead My Newsletter  

  • -- Servicing the New Hampshire Seacoast towns of - Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, and surrounding areas.
    -- Servicing the southeastern Maine towns of - Kittery, Kittery Point, Eliot, York, South Berwick, and the surrounding areas.

     
     
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    Portsmouth NH Homes Condos - Ann Cummings New Hampshire REALTOR®

    Portsmouth, NH

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    RE/MAX Coast to Coast - Portsmouth New Hampshire

    Address: RE/MAX Coast to Coast Properties, 150 Mirona Road, Portsmouth, NH, 03801

    Office Phone: (603) 431-1111 x 3839

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