All About New Hampshire Real Estate

By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Manchester NH Real Estate Market REPORT Nov. 27, 2023.  Interest rates came down again last week. Some Buyers who decided to wait, seem to be coming back to look again.  Lets look at some trends from last week.LETS TAKE A LOOK AT SOME TRENDS:Mortgage interest rates Declined again last week. The amount of Listings is staying about the same, but amount of pending sales is declining. The amount of new buyer inquiries was up again last week. The amount of Sellers asking about Listing or waiting until the New Year was up.-------------WHAT DO THESE TRENDS MEAN:  With a decline in interest rates many buyers were inspired to inquire about starting a home search. It also inspired a wave of new offers the last couple of weeks. Sadly, many listings currently on the market are over priced. It is to...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
No homes for sale? Look again. If you’re looking to buy a home on the New Hampshire Seacoast you need to have the latest information on the housing market. To help you make that possible, here’s an update on the supply of Seacoast homes for sale today. No matter if you’re looking to buy of sell, the number of homes available in your local market matters. See the chart below; there are currently 268 single family homes and condos available in the NH Seacoast, a 3.9% increase from the same time period in 2022. New Hampshire Seacoast single-family homes and condos for sale as of November 21, 2023Housing inventory is up in almost every state in the country. More homes for sale but are they selling? The answer to that question would be “yes”. Pending sales are sales that are in process but n...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Manchester NH Real Estate Market REPORT Nov. 20, 2023.  The biggest news from the week was the sharp reduction in interest rates. It gave a nice boost to market activity this week with a sharp rise in homes going under contract. Lets look at some trends then we can go over what they mean.LETS TAKE A LOOK AT SOME TRENDS:Mortgage interest rates Declined sharply last week. The amount of new buyer inquiries was up sharply. The amount of Sellers asking about Listing or waiting until the New Year was up.There are have been a sharp increase in obstacles for homes under contract. i.e. Inspections, buyer mortgages and buyers backing out. -------------WHAT DO THESE TRENDS MEAN:  With a decline in interest rates many buyers were inspired to inquire about starting a home search. It also inspired a ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Manchester NH Real Estate Market REPORT Nov. 13, 2023.  The biggest news from the week was the sharp reduction in interest rates. It gave a nice boost to market activity this week with a sharp rise in homes going under contract. Lets look at some trends then we can go over what they mean.LETS TAKE A LOOK AT SOME TRENDS:The amount of Homes under contract were up last week. Listing Prices are down - but a lot of listings remain on the market over priced. Average listed Single Family List price is down nearly $30,000 since JulyAverage Single Family Sale price down nearly $7,000 since JulyAverage Single Family Sale price up nearly $14,000 from 2022There were 133 less Single Family homes sold this year 2023 from last year 2022in Manchester-----Average listed Condo List price is down nearly $...
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By Westchester Modular Homes Inc, Serving NY, NJ, PA, CT, NH, RI, MA, VT & ME
(Westchester Modular Homes Inc)
Update on the Woodstock design recently set in Bridgewater, NH., C. Hogan Construction has completed the exterior finishes. #modularhome #modularconstruction #craftsmanhome #moderncraftsman #luxuryhome #newconstruction #newhome   The Woodstock has all the classic features of a craftsman style home on the exterior plus large versatile living areas on the inside. The spacious master bedroom on the first floor includes an oversized double bowl vanity, free-standing soaking tub and separate shower stall. The first floor living space is wide open for entertaining and has a separate dining room for formal occasions. This space can be easily converted to a den or office with built-in cabinets. The three over sized bedrooms on the second floor offer plenty of closet space, and the unfinished bo...
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By Westchester Modular Homes Inc, Serving NY, NJ, PA, CT, NH, RI, MA, VT & ME
(Westchester Modular Homes Inc)
YOU ARE INVITED - JOIN US - LIVE GUIDED INTERACTIVE VIRTUAL TOURSRegister for our next Live Virtual Factory, Design Center & Models ToursExperience a live virtual tour of our actual Westchester Modular Homes factory & models located at the factory, as well as custom homes that our customers have allowed us to shoot in 3D and share with you. If you are interested sign up at www.vt-sign-up.comWhat will you learn by attending the Live Virtual Factory Tour? - Learn about the Benefits & Advantages of Modular Construction - Experience the Design Software & how you can take a 3D Walkthrough of your Home before its built - Experience a 3D Tour of our Factory - Go on a 3D Tour of our Model Homes - Explore your Financing Options - Participate in a Q & A Session after Presentation Westchester Modu...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
In today’s fast-paced world, the dynamics of family living have evolved.With changing economic landscapes and societal norms, multi-generational homes have become increasingly popular. A multi-generational home, defined as a residence where two or more adult generations live under one roof, offers many advantages. If you are considering buying a home in the charming city of Portsmouth, NH, or the New Hampshire Seacoast, exploring a multi-generational home might be the key to unlocking a convenient and financially prudent living arrangement.What is a multi-generational home?Financial Stability and Shared ExpensesBuying a multi-generational home can provide significant financial benefits. Shared living spaces mean shared expenses, from mortgage payments to utility bills. This collaborativ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Manchester NH Real Estate Market REPORT Nov. 6, 2023.  We have seen some big changes in our market this fall. Lets look at some trends then we can go over what they mean.LETS TAKE A LOOK AT SOME TRENDS:There are nearly twice as many homes For Sale since JulyAverage listed Single Family List price is down nearly $30,000 since JulyAverage Single Family Sale price down nearly $7,000 since JulyThere were 127 less Single Family homes sold this year 2023 from last year 2022in Manchester-----Average listed Condo List price is down nearly $24,000 since JulyAverage Condo Sale price is up $3,500 since JulyThere were 94 less Condos sold this year 2023 from last year 2022 in Manchester------Home Prices over all are falling. Location and condition matter greatly.Some Homes are being Sold too low whe...
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By Westchester Modular Homes Inc, Serving NY, NJ, PA, CT, NH, RI, MA, VT & ME
(Westchester Modular Homes Inc)
Another WQestchester Modular Home recently set in Bridgewater, NH. This 2,600 sf colonial style home is based on our Woodstock model. The house will be completed by Chris Hogan of C. Hogan Construction. #modularhome #newhomeconstruction #craftsmanstyle #craftsmanhome #luxuryhomedesign #newhomedesign  
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
The September market statistics are out for Portsmouth, New Hampshire. Read on to see the latest Portsmouth property trends. The average price for a Portsmouth single-family home in September was $628,156, that’s a 26.8% decrease from the same time period in 2022. The Portsmouth condo average was $$1,030,245, a 9.8% jump from September 2022. There were 25 closed sales of single-family homes and condos in September vs. 38 in 2022. That’s a 34.2% drop. Because Portsmouth is a fairly small market area, the short-term data shows some wide fluctuations but the overall, long-term pricing trend is very robustly up. What does the rest of 2023 look like for the Portsmouth NH real estate market? Total pending sales of both single-family homes and condos in September were 31, a 10.7% increase from...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Waiting to buy a home in Portsmouth, NH could prove to be a costly mistake.With prices projected to keep rising, it’s essential to act sooner rather than later if you’re considering purchasing a property in this vibrant coastal city.1. Rising Home Prices:Portsmouth’s housing market has consistently seen home prices on an upward trajectory. Demand for homes in this beautiful coastal city has outstripped supply, intensifying competition among buyers. Delaying your home purchase could mean facing higher prices, potentially making it more challenging to find a property within your budget.2. Limited Inventory:The availability of homes in Portsmouth is relatively low compared to the high demand from prospective buyers. This scarcity can further drive up prices. By waiting, you risk encounteri...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
What is property fraud and how can I avoid it?Property fraud is when someone uses a false identity to change the ownership of a property from your name to their name. Once they have the property in their usually false name, they can use the equity in your property as collateral and get as many loans as possible using your property as security. This goes on behind the scenes and victims usually have no idea it’s even happening until they start getting past-due notices and calls from creditors looking for repayment of their loan.What about those “title protection” services? You may have seen or heard advertisements from companies advertising “Title Lock” protection or similar wording. They often pay celebrities big bucks to advertise their products while using scare tactics to frighten yo...
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By Westchester Modular Homes Inc, Serving NY, NJ, PA, CT, NH, RI, MA, VT & ME
(Westchester Modular Homes Inc)
You are invited to our FACTORY, DESIGN CENTER & MODEL HOMES TOUR Saturday, September 9th, 2023 Please select your tour time on sign-up form found at https://www.wmh-factory-tour.com/ In-Person On-Site @ 30 Reagans Mill Rd Wingdale NY 12594 Explore the advantages of designing and building a custom modular home for you and your family
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Why Median Home Sales Price Is Confusing Right NowThe National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially if you’ve been following along and reading the blogs saying home prices have hit the bottom and have since rebounded.So, why would this say home prices are falling when so many other price reports say they’re going back up? It all depends on the methodology of each one. NAR reports on the median home sales price, while some other sources use repeat sales prices. Here’s how those approaches dif...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Housing Market Forecast for the second half of 2023We’re over halfway through 2023 now so let’s take a look at what’s happened in the first half of the year and make some predictions for what the Portsmouth, NH housing market for the rest of the year might look like.Home price Forecastfor single-family homes and condos in Portsmouth and the New Hampshire Seacoast continue to appreciate and I note that Portsmouth crossed the million-dollar mark for average sales price in July for the first time ever. That figure was driven by several multi-million dollar sales of single-family homes and two large new homes developments coming on line with million-dollar price points. On the bright side, there are still some relatively reasonable prices for single-family homes and condos to be found in Po...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Here’s why waiting to buy a home is a bad idea.Portsmouth, New Hampshire, and NH Seacoast home prices are projected to continue to rise, and the longer you wait, the more you’ll pay. If you’re considering buying a home in Portsmouth, New Hampshire, it’s essential to act sooner rather than later. The real estate market in this vibrant coastal city is thriving, and waiting could prove to be a costly mistake. Here’s why delaying your home purchase in Portsmouth, NH, could result in higher prices and missed opportunities.Portsmouth’s housing market has seen a consistent upward trajectory in home prices.With demand surpassing supply, the competition among buyers has intensified. If you wait to buy a home, you may face higher prices, making finding a property within your budget more challengi...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Don’t miss our latest market minute video.If you're considering buying a home in Portsmouth, New Hampshire, it's essential to act sooner rather than later. The real estate market in this vibrant coastal city is thriving, and waiting could prove to be a costly mistake. Here's why delaying your home purchase in Portsmouth, NH, could result in higher prices and missed opportunities. #annandjim #lifeontheseacoast #buynow #video #realestate  
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Manchester NH Real Estate Market REPORT July 10, 2023.  We have seen some big swings in our market since January. Lets look at some trends then we can go over what they mean.LETS TAKE A LOOK AT SOME TRENDS:The Amount of  Single Family homes on the market has risen from an average of 20 to 33.The average Listed price on Single Family homes has risen $25,000 on averageThe average Sales price on Single Family homes has risen $6,000 on averageThe average  Sales price  on Condos Listed dropped by  $15,000The Amount of  Condos For Sale has fallen by half.-------Home Prices are fluctuating sharply. Location and condition matter greatly.Some Homes are being Sold too low when not priced right.Lots of home sales under contract are falling through.Yes, there are deals out there for buyers.--------...
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By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
 Now is a great time to sell your house in Portsmouth, NH, and the surrounding New Hampshire Seacoast area. The supply of Portsmouth, NH homes is low; low inventory means less competition for your house. You’ve probably heard about the intense competition and bidding wars that characterized the housing market over the last few years. While the peak of that frenzy may be behind us, it doesn’t mean you’ve missed your chance to successfully navigate the real estate waters and sell quickly for the best price. In fact, there are still plenty of opportunities to be found in this thriving market.Watch Our One Minute Market UpdateTo understand the current state of the New Hampshire Seacoast housing market, let’s look at a graph that illustrates the trend in the supply of homes for sale. This me...
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By Westchester Modular Homes Inc, Serving NY, NJ, PA, CT, NH, RI, MA, VT & ME
(Westchester Modular Homes Inc)
LIVE VIRTUAL FACTORY TOUR & WEBINAR moderated by Westchester Modular Homes... go to https://vt-sign-up.com to reserve your spot...You'll learn virtually about the entire custom modular homes design & construction process... you'll virtually tour model homes... there will be a Q & A session at the end of the tour...Reserve your spot @ https://vt-sign-up.com today...
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New Hampshire Real Estate Agents and Real Estate Professionals