There is a new trend and it is puzzling. Here in the Manchester NH area Real Estate Market. I am seeing a mix of sales going down the drain. Some from the start. Some during and some killing the sale while it is under contract.
HOW WILL THIS AFFECT SALES PRICES? Typically you would think that when interest rates rise, values start to decrease. However nothing is typical with our market or market forces. Look for Real Estate prices to continue a slight increase into 2022. Lets look at the market forces. We still have more Buyers than there are sellers. We have a roaring economy within the State of NH. No income or sales tax is spurring new and expanding businesses. Perhaps the leading factor of a lack of homes for sales, is Home Sellers who say they can not sell as they do not have a place to go. The balance of those home owners staying they would not move say it is based on the instability of the virus and politics.
WHAT DOES ALL THIS MEAN? If you are looking to buy a home. It means buying now will get you more home for a lower monthly payment. I can help with that. If you are looking to sell your home. It makes now the time to sell. When interest rates start to rise, there is no doubt it will decrease the amount of buyers looking. If you need to buy a home in order to sell a home, I can help with that.
THE MORAL OF THE STORY is that for you to know that all agents are not created equal and every consumer should take the time to hire the BEST not just the biggest agent. Let me show you there is a difference. Please Support locally owned and operated business. Locally owned and operated since 1985.
One of the most important thing in Real Estate for me is provide GREAT SERVICE. I want to stand out from the crowd. My philosophy is simple. To provide more personal and professional service to guide my clients through each step of the selling and buying process. Experience matters.
To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com .
About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. Proud to be locally owned and operated with 35 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area. We are Full Time Agents ready to serve all of your Real Estate needs. Servicing Hillsborough, Rockingham, Merrimack and Belknap counties.
Comments(10)