AUBURN NH remains one of the most desired towns for Buyers. The Real Estate market continues to change this summer with a slow down in sales over all, but Auburn remains strong. Interest rates fell slightly with the sharp drop in new mortgage applications. The amount of new listings coming on the market remained the same as last week. Prices have leveled off in most areas. We are not seeing a reduction in actual market values though, BUT are seeing a great reduction of prices on those homes that were listed over to way over what their value actually was. Over pricing a home is one of the leading causes of a home not selling. Auburn prices remain strong.
You as a consumer have a choice. Not all agents are created the same. Experience matters more than ever as the market changes. Knowing what to expect next. Knowing how to approach these changes. Knowing how to better guide you as a buyer or seller through these changes matters and comes with experience. Many would be BUYERS think interest rates are making a new home purchase out of reach and that is just not so. If you are thinking of buying a home, reach out to me to get pre-qualified at no cost with a trusted local lender. Let us show you what price range you can afford and what the costs will be so you can decide if now is the time to purchase is right for you.
For home buyers, the largest trend is sellers now willing to accept inspection contingencies. Accept offers paying or crediting the buyer for closing costs. Most recently sellers accepting offers where the buyer had a home sale contingency.
For those THINKING OF SELLING, You as a consumer should also know that you have a choice. Not all agents are created the same. Experience matters more than ever as the market changes. Knowing what to expect next. Knowing how to approach these changes. Knowing how to better guide you as a seller through these changes matters and comes with experience.
Let me let you in on a SECRET. Finding a buyer for your home is not the only job of a listing agent. Making sure the sale closes while looking out for the seller is the biggest priority. More than ever pending sales are falling through due to appraisal issues, lending issues and or inspection problems. Taking care of you the seller through each step of the selling process separates land ole agent from a great listing agent, What does that mean? It means lowering the sellers stress and worry. Knowing what is going on and what happens next. It means anticipating lender issues, appraisals and inspections and taking care of them as best possible before something derails the sale.
Knowing what to expect and how to negotiate is a must and that comes from hiring an experienced agent like me who can navigate the market changes with you. There are so many agents. SO many new agents and so many who have not ever experienced a market change in the last 10 years. Listing with a well experienced agent matters and should matter in your choice of who you hire.
DOES IT MATTER WHICH REALTOR I USE? The short answer is YES. It matters. There is great difference from one agent to agent another though. All agents are not created equally. Bigger is not better. Experience matters. Choose the Best agent not the biggest. Choose experience over not experienced. Choose Local over National. Please support locally owned businesses and chose us, your home town Realtor for 35 years who offers some of the most personal and professional service there can be. We stand by you through each step of the buying or selling process. Let me show you there is a difference from one agent to another.
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Welcome to our WEEKLY wrap up from Monday to Sunday of last week
MARKET REPORT FOR August 8, 2022
There are 4 SINGLE FAMILY HOMES FOR SALE: The average Listed priced home is $784,725. The lowest priced home is $670,000. The highest priced home is $899,000.
There were 2 New Listings this week.
There are 7 SINGLE FAMILY HOMES UNDER CONTRACT
There are 3 SINGLE FAMILY HOMES CLOSED this week.
There are 41 SINGLE FAMILY HOMES SOLD 1/1/22 TO 8/8/2022. The average SALE PRICE is $665,000 The average DAYS ON MARKET is 10.
* Data from NNEREN, subject to change, error or omission
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The SECRET to success and the key to having a successful purchase of sale, can increase simply by choosing a better agent. The secret is, that All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. I leave you with now infamous philosophy, which is simple, to provide more personal and professional service to guide my clients through each step of the buying or selling process.
PLEASE CALL US FOR A FREE MARKET ANALYSIS TO SEE WHAT YOUR HOME IS WORTH.
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 37 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.
You can search for Manchester area Homes For Sale by going to www.ScottSellsNH.com