Dover NH Real Estate Weekly 7/7/2012
6 properties changed hands this week totalling $1,153,800 in sold inventory. 59 properties have accepted offers and are under contract with 3 pending closing. Here is a look at => Dover's New Listings This Week
This Week's Bargains
Four bedrooms, one bath,
1,500 sqft, double detached garage
.19 acres
Sold $127,000 53 Days on Market
Three bedrooms, one bath,
996 sqft. 1.10 acres
Sold $165,000 5 Days on Market
Three bedrooms, two baths, garage under
1,528 sqft. .13 acre
Sold $170,000 263 Days on Market
Three bedrooms, one bath,
1,040 sqft. .50 acre
Sold $179,900 4 Days on Market
Three bedrooms, three baths,
3,047 sqft. attached double garage
1.51 acres
Sold $390,000 30 Days on Market
Condo two bedrooms, two batrhs,
attached garage, 1,250 sqft.
Sold $119,000 7 Day on Market
Don't Kick Yourself When Interest Rates And Prices Go Up!
Interest rates are at all time lows and will only go up. I wish I could say when, but no one knows. Home prices and inventories seem pretty steady even though we are haveing a spring market better than any other in Dover in the last four years. Here is a look at some graphical representations of how our market has performed over the last six months verses the first half of the last four years.
Stepping Stone To A Better Home
First time buyers are making up 50% of our buyer's market. They feel the urgency of taking advantage of a down market cycle. They know if interest rates go up, they will loose about $8,000 in purchase power holding a monthly payment steady at $1,000. The way to gain wealth in any market is to buy a the low end of the cycle. If they purchase a home now that is easily affordable, they can make some minor improvements and reap great gains in a few years when they sell their stepping stone and move up to their dream home.
This report brought to you by Marty Patrizi Realtor at The BeanGroup. For more insight, Marty can be reached direct at 603-781-4099 or by email at marty.patrizi@beangroup.com. Click here =>
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