blogs: What Every Buyer Should Know about Home Inspections - 05/06/09 04:34 AM
An important part of any home purchase is the Home Inspection, so when interviewing home inspection companies ask them what type of report they use. There are many styles of reports used by property inspectors, the checklist, computer generated reports, and the narrative style.
Some reports are delivered on site and some may take several days to deliver, knowing when you will get your full inspection report is important since you probably have a time limit for obtaining an inspection in your Contract.
The most important issue with an inspection report is the descriptions given for each item or component. A … (0 comments)

blogs: What is a resonable offer in todays market? - 04/13/09 02:00 PM
In every kind of market we have all Realtors and Consumers have to deal with the issue of what is a "Reasonable Offer". As a Buyer or Seller, do you know what your Realtor thinks is a reasonable offer? In most cases I would say Consumers and Realtors never discuss this issue prior to signing a Agency Contract and they probably don't even discuss it during the Contract time. In most cases what is a reasonable offer will only come up when either the Buyer is making an offer or the Seller is having to review an offer, it's at this point … (2 comments)

blogs: 1st Quarter Absorption Rate for Manchester NH - 04/06/09 04:35 AM
The City of Manchester has weathered the 1st quarter of this year and the information regarding its absorption rate is in, before I give that information out I want to explain quickly what the definition is for absorption rate. In short the absorption rate for a Town/City is the length of time it will take for the current inventory on the market to be absorbed .  The magic number looked at by Realtors is 6 months, meaning if the market has a rate above 6 months the market is considered to be a Buyers Market. If the absorption rate is below the … (2 comments)

blogs: 1st Quarter Absorption Rate for Windham NH - 04/06/09 04:20 AM

A new year is upon us and the 1st quarter of 2009 has closed, so how did Windham do in this 1st quarter. The absorption rate for the Town ended at 7.46 months, which means that it will take that many months for the market to absorb the current inventory of properties that are out there.
Windham ended last year with an absorption rate of 9.44 months, so the good news is that our rate has dropped by two months. The not so good news is that the rate is still very high, if the absorption rate is above 6 … (0 comments)

blogs: 1st Quarter Absorption rates for Londonderry NH - 04/03/09 03:05 AM
The 1st quarter has ended for Londonderry and it is time to see where the Town stands. At the end of 2008 Londonderry's absorption rate was 7.19 months, which means that it would take the market 7.19 months to absorb the current inventory on the market. As I have stated in previous posts, when the absorption rate is above 6 months the market is considered to be a Buyer's Market. The end of year absorption rate showed that Londonderry was firmly in the grips of the Buyer's market and even though the Town fared better than their neighbors or the County the market … (0 comments)

blogs: I want to buy my first property but............... - 04/03/09 02:46 AM
The start of this sentence is what I am hearing a lot of lately. It seems many would be Buyer's are running into the dilemma of only meeting 2 of the 3 criteria to buy a home. What are the criteria's to buying a home, to a Realtor they are, the Buyer is ready to buy a property (this means they have made up their minds to look seriously), willing to buy a property (this means they are not going to be tire kickers), and finally able to buy a property (this means they have the credit, income and deposit to purchase).
I … (2 comments)

blogs: 1st Quarter Absorption Rates for Derry NH - 04/02/09 07:41 AM









The 1st Quarter has ended for the Town of Derry and the absorption rate figures are in. Derry ended last year strongly gripped in a Buyer's Market with an absorption rate of 7.89 months, this meant that at years end it would take approximately 7.89 months for the inventory that was on the market to be sold. Any time the absorption rate for an area is above 6 months, the market is considered to be a Buyers Market.
Derry's 1st quarter results show that it is still strongly gripped in a Buyer's … (0 comments)

blogs: Rockingham County 1st Quarter Results - 04/02/09 04:27 AM
 
The end of the 1st Quarter has come for Rockingham County and if you have followed my blogs on the absorption rate for the County, you have seen it rise and fall  a lot. As of this post there are approximately 2,792 Residential and Condo style properties on the Market within the County. The absorption rate for the County has gone up from where it was at the end of the year, as of the end of 2008 the rate was at 9.86 months and it is up to 11.25 months. What this means is that the amount of months it will … (0 comments)

blogs: Dear Mr. Seller I showed your home and need to know where your Agent is! - 03/16/09 07:27 AM
Dear Mr. Seller,
This past weekend I had the pleasure of showing your property off to my Clients. Your home showed beautifully, all the lights were on when we arrived, nice music was playing as we walked around and admired all that has been done to the property, in short your staging of the home was exquisite. My Clients viewed approximately 8 properties this past weekend and your home is one of the properties they have narrowed down to their short list.
There is only one problem that we need to overcome and that is, where is your Agent? I tried … (10 comments)

blogs: What questions should you ask when hiring a Realtor-Part 2 - 03/13/09 01:44 AM
In a post earlier this week I discussed some questions I think everyone should ask a Realtor when they are deciding whether to hire them or not. In this post I will finish with a few more questions, that I think all Consumers should ask when talking with a Realtor. 
How do you market yourself and your properties?This is an important questions since is will reveal a lot about the Realtors dedication to their Client as well as how much they keep up with technology, it also will say volumes about the organization they are associated with. How does the office/franchise they … (0 comments)

blogs: Here On Earth Adult Day Services, A Great Place For Your Parent(S) - 03/10/09 06:10 AM
As my generation age's( The Baby Boomers) we have not only had to deal with our own issues like retirement, putting our kids through college and even raising our younger children etc., we have also had to start dealing with the issue of our elderly parents. Unlike past generations, our parents are living a longer life and not all of them are living a high quality of life. We see ads in newspapers, magazines and on television about older people living life like they were in their 20's or 30's, doing all sorts of fun things. The fact is though that for … (0 comments)

blogs: What questions should you ask when hiring a Realtor- Part 1 - 03/09/09 02:58 AM
In my years in Real Estate I've come across this question a lot from both Buyers and Sellers, and it is a very important question when determining who you hire. Most people I believe feel that it is when a Seller is going to place their house on the market that questions should be asked, but that is not true when you are a Buyer it is just as important to question every Realtor. Here are some points I believe should be always asked when determining who you want to represent you:
How long have you been in the business of Real Estate? This is … (0 comments)

blogs: Mathew Thorton Elementary In the Finals For School Of The Year - 02/22/09 10:43 AM
It appears that Londonderry Town residents have another thing to be proud of when it comes to their schools. It was recently published in the Towns local paper, The Londonderry Times, that Mathew Thorton Elementary is in the running for School of the Year. The school placed itself in the running in January and it appears that it is among the finalists for this years award.
I wrote a blog back in May regarding Londonderry High School and its being named High School of the Year, that was a big honor to be bestowed on the High School and something to be … (0 comments)

blogs: Who is it in life that makes you feel guilty, in my family I know - 02/18/09 11:56 PM
In life no one makes you feel as guilty as children do and if your a parent you know what I mean. You may do things that bother your spouse, girlfriend/boyfriend, friends and even your parents, but nothing compares to doing something that brings that guilty feeling out when it pertains to your kids. The other day I was reminded very strongly, by my 8 year old just how much power my kids wheel over me.
The morning started out just like any other morning, with Mom and Dad  helping the kids get off to school. As I was walking my son … (0 comments)

blogs: Choosing the right Agent When Selling Your Home - 02/15/09 06:10 AM
As the title implies, it is very important to choose the correct Agent when you decide to sell your home. How do you go about doing this, what are the correct questions to ask, do you work with an Agent that a friend or family member refer to you?  These are just a few questions among many that face the average home owner when they decide to place their home on the market.
First I think you should look at whether there is someone you know in real estate or that could be referred to you. Sometimes the best Agents to work with … (2 comments)

blogs: Winter Scenes of Londonderry - 01/23/09 03:53 AM
 
Londonderry and the surrounding Towns of Southern New Hampshire attract a lot of people due to their convenient location to Boston MA and the White Mountains of Northern NH. I decided to start my photo gallary with winter pictures of some scenes of Londonderry. As you can see there is beauty, and a lot of New England Charm in these photos : 

Old Farm House On Mamouth Road

Civil War Monument in the Center of Town
                                                          
Presbyterian Church In Town Center
If you are thinking of moving to Londonderry or any of the surrounding Towns of Southern New … (0 comments)

blogs: Londonderry School Superintendent Receives State Honor - 01/05/09 01:15 AM
Once again the Town of Londonderry can be proud of its school system and especially the man who is leading it Nate Greenberg. It appears that our very own Superintendent of Schools Nathan Greenberg has been named Superintendent of the year.
Once a year the State reviews its school systems and the people running them and then it awards the Honor of Superintendent of the year to the person who has exibited the best qualities for running a district. This year Nathan Greenberg received this honor and this caps of a year where Londonderry High School was named best in the … (0 comments)

blogs: Town Of Derry's End Of Year Results - 01/04/09 03:36 AM
The end of the year has come and a new year has started for the Town of Derry. With the beginning of a new year comes the question of how the Town faired when it comes to marketing/selling homes. In order to determine how the Town of Derry did, we have to look at the absorption rate for 2008. The absorption rate is the amount of time it will take for the current inventory of properties for sale, to be absorbed by the market. Real Estate professionals generally agree that when the absorption rate for a Town is above 6 months … (2 comments)

blogs: Town Of Windham's End Of Year Results - 01/04/09 03:18 AM
The end of the year has come for the Town of Windham and a new one has started. How did the Town fair this past year when it comes to Selling homes within the Town, the answer lies with the absorption rate. In previous posts I have explained that the absorption rate for a Town is simply the amount of time it will take for the market to absorb the current inventory of property that is on the market. Most Realtors agree that an absorption rate of over 6 months places you into a Buyers Market, one that is below 6 months … (0 comments)

blogs: Londonderry's End Of Year Results - 01/04/09 02:51 AM
The end of the year has come and the beginning of a new one has begun, how did the Real Estate Market end for the Town of Londonderry in 2008? The answer to this question lies in the absorption rate for the Town. As I have stated in previous posts, the absorption rate is a reflection of the amount of time it will take for the market to"absorb" the current inventory of property that is on the market. In general, most experts agree that an absorption rate of over 6 months means that you are in a Buyers Market.
During the past year, … (0 comments)

 

Christopher Bonta

Realtor, Integrity and Honesty

Londonderry, NH

More about me…

The Bean Group

Address: 78 West Broadway , Derry, NH, 03038

Office: (603) 434-4404

Mobile: (603) 571-1466



Links

Archives

RSS 2.0 Feed for this blog