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A review of the MLS system this week revealed some owner occupied homes in the Lakes Region of NH that seem like they could be pretty good deals. I really prefer to show my buyers (particularly if they are first time buyers) owner occupied homes versus bank owned properties. That's mostly because with an owner occupied home you get a completed Seller's Property Disclosure that gives basic info about the property condition and buyers are able to get answers from the owners about any concerns they might have. With a bank owned property you get bupkis, nadda, zilch. It is (0 comments)
2009 - Half way there... Lakes Region of NH Real Estate Market Report - 07/16/09 10:36 AM
There was a little more sales activity in the residential home market in the Lakes Region of NH in June with 75 units changing hands at an average sales price of $266,119. That is up from the 69 homes sold in May 2008 but down slightly from the 77 homes sold in June of 2008. The average sales price this June came in at $266,119 which is down considerably from last June's average sales price of $344,228. The total number homes that sold in the first six months of 2009 dropped by only 8 units from last year down to 151 (0 comments)
Waterfront property sales make up a significant portion of the overall Lakes Region of NH residential home sales volume. So how are we doing half way through 2009? In the communities that border Lake Winnipesaukee (Alton, Center Harbor, Gilford, Laconia, Meredith, Moultonborough, Tuftonboro, and Wolfeboro) there were only 30 waterfront sales (including island properties) through June 30th representing $25,195,752 in total sales and an average sales price of $839,858. Overall, there were 252 residential sales transactions in these towns with a total sales volume of $73,970,665, so waterfront sales represented about 34% (0 comments)
Now that bike week has past, the NASCAR race is over, and the July 4th holiday is here, hopefully the vacation home buyers will be out in force looking for their little piece of the Lakes Region over the coming few months. Many second home buyers tend to look in the gated, water access communities of South Down Shores and Long Bay. And why shouldn't they? It's the perfect place to start any vacation home search. Located three miles north of downtown Laconia on Parade Road, this wonderfully conceived 260 acre complex has a mixture of eighteen different condominium villages, (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.