April sure went by fast and I think things are really starting to change. Beyond the fact that sales are up 28% for this time period, it really seems like there is more general confidence out there. When running into people the first thing out of their mouth is no longer “hey did you see xyz company closed, this person went bankrupt, etc”.  Provided we don’t have any more economic curve balls, I feel like we’re slowly on our way out of this downturn!

Historical Sales For Our 16 Local Towns
January 2006-23 Sales
January 2007-29 Sales
January 2008-27 Sales
January 2009-15 Sales
February 2006-26 Sales
February 2007-30 Sales
February 2008-25 Sales
February 2009-15 Sales
March 2006-35 Sales
March 2007-38 Sales
March 2008-17 Sales
March 2009-29 Sales
April 2006-46 Sales
April 2007-28 Sales
April 2008-21 Sales
April 2009-29 Sales

Please click here to visit my blog for the rest of the sales break down!

Source:

http://sunapeeregionblog.com/2009/05/07/april-2009-sunapee-region-real-estate-sales/

*All data used is from NNEREN MLS and is subject to Human Error : )

It seems like forever since I have run the monthly sales numbers and have had even a remotely positive uptick in the number of transactions! Well as you will see sales in the Sunapee Region are up 41% compared to the same time last year. We are still a bit below past years, but it is always nice to hear some positive news!

Historical Sales For Our 16 Local Towns
January 2006-23 Sales
January 2007-29 Sales
January 2008-27 Sales
January 2009-15 Sales
February 2006-26 Sales
February 2007-30 Sales
February 2008-25 Sales
February 2009-15 Sales
March 2006-35 Sales
March 2007-38 Sales
March 2008-17 Sales
March 2009-29 Sales

• 34 homes went pending this March

Please click through to see the breakdown of the sales for the month www.SunapeeRegionBlog.com

Also for additional information on recent housing programs click the links below.

American Recovery and Reinvestment Act

1st Time Home Buyer Tax Credit Info

This was definitely a short and busy month with lots of changes in the housing industry. A couple major housing plans/acts were signed and decided upon

• The Homeowner Affordability and Stability Plan
• American Recovery and Reinvestment Act of 2009.

Needless to say this is a very intense time for the economy and it is going to be interesting to see how it all plays out. I’ll be doing a post soon about some of the new housing plans/acts/ bills and quick summaries of their key points.

There were 27 listings that went under agreement this past month. To see the rest of February's stats, please click through to my Sunapee Region Blog

This past month sales were down by almost 50% in comparison to previous years.  However, we did have 26 listings go under agreement this January and as reported on WMUR- New Hampshire winter tourism numbers have been quite strong. I recently spoke with Will Hurley owner of Outspokin’ Bicycle and Sport in Newbury and he said sales this year have been surprisingly strong for what was expected to be a tough year.  People are still buying skis and taking advantage of the great snow conditions–Best stress reliever I can think of!

Historical Sales For Our 16 Local Towns
January 2006-23 Sales
January 2007-29 Sales
January 2008-27 Sales
January 2009-15 Sales

    * 26 listings went pending this January

Please click through to Sunapee Region Blog to see the rest of the sales breakdown.

I just read this post by Ines Hegedus-Garcia from miamism.com where she summarized a piece that the Today Show just did on the 5 Biggest Real Estate Myths. This definitely applies to our Sunapee Region real estate marketplace and I’m sure it’s dead on for many other markets across our country.

1. Sellers are desperate
2. Don’t buy before prices have bottomed
3. You cant buy a home unless you have 20% down
4. Now’s the absolute worst time to sell
5. Before you refinance, shop around.

I think everyone can agree that making assumptions is never a good strategy to approach a big real estate purchase. The best thing you can do when considering buying a piece of Miami Real Estate is to contact a Realtor you know and start asking - a good Miami Realtor will explain market intricacies that may not be that obvious and will help you create a good plan.

Thanks Ines for a great summary of some spot on real estate myths!

Source:
http://sunapeeregionblog.com/2009/01/27/5-biggest-real-estate-myths/

The Sunapee Region has so many wonderful bodies of water to enjoy outside of the 3 major ones - Lake Sunapee, Little Lake Sunapee and Pleasant Lake. To see more information on the smaller lakes and ponds please visit my post:  “Sunapee Area Lakes and Ponds“. As you will see in the graph below, the average sales price for properties on Lake Sunapee has increased quite steadily over the past 5 years. I have discussed this with other agents in my office who have been selling properties up here for over 20yrs and they’ve all commented that lake properties always tend to ride the downturns much better than the average property.

*All data used is from NNEREN MLS

For more additional information on lake sales please click through to my blog at SunapeeRegionBlog.com

Source:
http://sunapeeregionblog.com/2009/01/22/lake-sunapee-pleasant-lake-little-lake-sunapee-historical-real-estate-sales/