springfield nh: FEMA - Huge Issue! You could be inaccurately in a flood zone!
- 06/10/11 04:52 AM
Recently FEMA updated their flood maps for the Lake Sunapee Region. Unfortunately some of these new maps show properties in flood zones when they really are not in a true flood zone. This is having a major impact on possible real estate sales in our region. Recently I dealt with this on a house that I sold in Sutton NH. Why is this import? Well if your house is for sale and the buyer is getting financing, the bank is going to require the buyer to get flood insurance. If you have not had an "Elevation Certificate" done that details … (3 comments)
springfield nh: Sunapee Region Home Sales 2010 Year in Review
- 03/24/11 03:57 AM
I swear every year time goes by faster and faster. 2010 for me was an awesome year but I felt like someone kept pressing the "fast forward" button! The information below is from my blog - SunapeeRegionBlog.com -Please make sure to click through to the main article as there is a lot more information on there. This is just a quick highlight. The median sales price in the Sunapee Region is up $18,000 to $218,000 compared to 2009 however there were 12 sales in 2010 over 1 million dollars compared to 7 in 2009. Below is a comparison of the past couple years.
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springfield nh: January - April 2010 Lake Sunapee Region Home Sales
- 05/13/10 07:12 AM
Home sales in the Lake Sunapee Region have certainly been interesting so far this year. In comparing this past January home sales with January 2009 I found that sales were up over 77% and then in February they were down over 30% and down again in March just over 6% but this past April residential property sales were up 44.8%. Quite the roller-coaster of late but I think May sales will be higher than last year do to the tax incentives that expired in April.
For more information on January 2010 saleshttp://www.sunapeeregionblog.com/2010/03/january-2010-sunapee-region-real-estate-sales/ For more information on February 2010 saleshttp://www.sunapeeregionblog.com/2010/03/february-2010-sunapee-region-real-estate-sales/ For … (2 comments)
springfield nh: Waterfront Property on Lake Kolelemook
- 05/08/10 05:29 AM
This thoughtfully designed single level living home is a must see! Custom features throughout help take the beautiful lake view in. Enjoy the spacious dock and 150 feet of frontage on the 98.9 acre lake. Click here to see more or click on the picture above. … (0 comments)
springfield nh: 2009 Home Sales and Land Sales Lake Sunapee Region
- 05/08/10 05:15 AM
2009 Home Sales Below is a chart comparing home sales from 2006 to 2009. Out of the 16 towns that I track for the Sunapee Region there were 390 homes that sold in 2008 and 2009 with a median sales price of $200,000. This is a down $35,000 from last year
To see more detailed information please click through to my blog where you will see individual town historical sales information. http://www.sunapeeregionblog.com/2010/01/2009-year-end-home-sales-sunapee-region/
Land Sales 2009 Land sales in the region had their first major decrease in average sales price since 2003 dropping over $40,000! Now the biggest difference when … (0 comments)
springfield nh: April '09 Sunapee Region Sales
- 05/14/09 04:09 AM
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 … (0 comments)
springfield nh: March '09 Sunapee Region Real Estate Sales
- 04/06/09 05:53 AM
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 … (0 comments)
springfield nh: February 2009 Sunapee Region Real Estate Sales
- 03/10/09 11:10 PM
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 … (0 comments)
springfield nh: January 2009 Sunapee Region Real Estate Sales
- 02/27/09 05:09 AM
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 TownsJanuary 2006-23 SalesJanuary 2007-29 SalesJanuary … (0 comments)
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