All About New Hampshire Real Estate

By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Discover the Top 7 Reasons to Choose the New Hampshire Seacoast for Your Ideal HomeImagine living where stunning ocean views, sandy beaches, and a vibrant community are at your doorstep. Prepare to be captivated by the allure of the New Hampshire Seacoast, where Ann Cummings and Jim Lee await to guide you through your real estate journey. Brace yourself for an enticing adventure that will leave you longing for a slice of coastal paradise.Here are seven compelling reasons why the New Hampshire Seacoast is the ultimate destination for your residential dreams: Unrivaled Coastal Beauty: Prepare to be mesmerized by the breathtaking landscapes that only the New Hampshire Seacoast can offer. Picture yourself waking up to picturesque sunrises, the gentle sounds of crashing waves, and the refres...
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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 May 8, 2023.  Typically we see a sharp increase in new Single Family and Condo Home Listings hitting the market by May. This year we are not seeing that. Most Home Owners are staying still. Those who "need" to move are getting good prices for their homes. One factor could be it is easier to find a buyer than it is to get the sale to close. Banks are tightening their lending practices. Appraisers are being tougher on homes. Home Inspection results can be asking for more from the seller than ever. All total it means more sales falling apart then in years past. Having an Agent that is there for your through each step of the Buying or Selling process is a must. MANY ASK WHAT THE DIFFERENCE IS FROM ONE AGENT TO ANOTHER? As with a changing market, you w...
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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 May 1, 2023.  Spring is in full swing. Lets give you a quick update on the Spring Market here in our area. We are seeing about 15 new Single Family listings hit the market each week. We are seeing about 16 homes go under contract each week. Despite what you hear in the media, the numbers tell us homes are selling and some as fast as they are listed. The media is not telling you a goo third of those may fell through due to buyers mortgage, inspections or the appraisal. BUT WAIT - Why are some homes not selling? There is a secret in Real Estate I want to share. Overpriced Listings are not selling. That is not a secret you say. It is to some, but the biggest secret is "There are homes being listed and sold right now "Under market value." What does th...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Are you considering moving to Portsmouth, New Hampshire? If so, you’re not alone! This charming coastal city has become a popular destination for people from all walks of life.In this blog post, we’ll explore five reasons people love living in Portsmouth, New Hampshire.Rich HistoryPortsmouth, New Hampshire, is a city that’s steeped in history. Founded in 1623, it’s one of the oldest cities in the United States. This year, 2023, Portsmouth is having a yearlong celebration of its 400th anniversary. Visitors and residents alike can immerse themselves in the city’s history by visiting the Strawbery Banke Museum, which features restored 17th-century buildings and exhibits that bring the city’s past to life. Portsmouth has many other historical sites, buildings, and places. The locals say you...
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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 April 24, 2023.  Where are all the houses For Sale we usually see in the Spring? That is what people are asking more than ever. Once again we are seeing more Buyers ready to buy than homes on the market to Sell them. That makes now the time to List your home with us if you have been thinking of Selling. If you were thinking of Buying, there is new Listings coming on the market. You just need a little advantage over other buyers. That starts with the agent you choose to help you buy. Being ready to buy and getting access to homes quickly are a must.  It is no longer a secret that many purchases are falling through. It makes your choice of an Agent matter more than ever. Experience matters. MANY ASK WHAT THE DIFFERENCE IS FROM ONE AGENT TO ANOTHER? ...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
What are the two reasons owners are selling their houses now? The real estate market constantly fluctuates, and New Hampshire Seacoast homeowners must know the best time to sell their homes. In recent years, the housing market has seen an increase in homeowners selling their houses to make a profit or to meet their changing needs. Let's explore why homeowners sell their homes and why they should hire Ann Cummings and Jim Lee with REMAX Shoreline to represent them during the sale. Visit our website, New Hampshire Maine Real Estate, to find great, free seller tools for you to use. The first reason homeowners sell their homes is to make a profit. With the real estate market's recent surge, homeowners are taking advantage of the opportunity to sell their homes for more than they originally ...
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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 April 17, 2023.  The Spring Market is here, but is different than anything we have faced before. We are seeing many more Buyers ready to buy than homes on the market to Sell them. Perhaps less than during the Covid years even. That makes now the time to List your home with us if you have been thinking of Selling. For those looking to Buy a home, all is not lost. There are new listings coming on the market. Many go under contract fast though. Who you choose to assist you as your Buyer Agent does matter. Finding a home you want to buy is not the only task of a Buyer Agent. Helping you get a good deal is only part of the goal. Getting your home purchase to close is the biggest obstacle we face these days. Being there for the home inspection, the appr...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Key Takeaways: Closing costs are a part of every real estate sale Many variables determine the price of closing costs Ask your local real estate expert for specifics about closing costs When buying or selling a home, it’s essential to understand what closing costs entail. Closing costs are expenses and fees that must be reconciled before the sale can be finalized. These costs typically include appraisal fees, survey fees, title costs, credit report fees, loan origination fees, underwriting costs, recording fees, and taxes. However, the specific costs may vary depending on your region and the terms of your contract. As your real estate professionals, we can provide you with a detailed breakdown of what will be included in your closing costs based on your specific situation.How Much Are C...
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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 April 10, 2023.  The most asked question everywhere I go is "When will the Best time to sell our home be? The short answer is "Right now!!!" There is a shortage of homes on the market and the amount of buyers is strong and steady. We continue to see a strong Spring Real Estate Market here in The Manchester area. The prices are staying strong.The Second most asked question is -  "Is there more homes that were under contract that are coming back on the market?" The answer is yes. Many sales are falling apart. It is harder to get a sale to close these days. Homes that were under contract falling through for a variety of reasons such as mortgage financing, appraisals and inspections.  There are many pre-cautions a seller can take to avoid many of thes...
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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 April 3, 2023.  We continue to see a strong Spring Real Estate Market here in The Manchester area. There continues to be a shortage of homes on the market. The amount of home buyers is still strong and steady. The newest variable is that it is getting more difficult to get a mortgage. Those with strong credit are not seeing as many hurdles as those with average to lower credit. Hurdles can be overcome with some planning and know how by those who you choose to help you. The newest trend shows us that it can be harder to get a sale to close these days. Homes that were under contract falling through for a variety of reasons such as mortgage financing, appraisals and inspections.  MANY ASK WHAT THE DIFFERENCE IS FROM ONE AGENT TO ANOTHER? As with a ch...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Key Takeaways: If you’re planning to buy or sell a home in Portsmouth, NH, you may be wondering whether to buy first or sell first. The decision can be daunting, but weighing the pros and cons of each option can help you make an informed choice. Here are some key takeaways to consider before making a decision: There’s no right or wrong answer when it comes to the order of buying and selling a home. It largely depends on your personal preferences and circumstances. If you’re considering buying first, some pros to consider include having more time to find your dream home and avoiding the stress of potentially being homeless if your current home sells quickly. On the other hand, selling first can give you a clearer idea of your budget for a new home and may make it easier to secure financi...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
It is still Winter in the White Mountains of NH, but the Real Estate Market screams that it's spring. The Seller said, "sell this home fast."  How is 15 days from list to close? We are happy to report that this Single Family home in Conway NH has SOLD and is now CLOSED. Located in the White Mountain area of NH and the Scenic North Conway area on 0.49 Acres, This home boasts 4 Bedrooms and 1 bath rooms. Scott Godzyk of the Godzyk Real Estate Services is the Exclusive  Agent on this property. Let us show you there is a difference. Experience matters....---Built in 19206 rooms, 4 bedrooms and 1 bathrooms.Size 1187 SFLOT SIZE: 0.49 acres--WE CAN SELL YOUR PROPERTY TOO!!!CALL TODAY FOR A FREE MARKET ANALYSISTO SEE WHAT YOUR HOME IS WORTH----One should know that All Agents are not created equ...
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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 March 27, 2023.  The end of March is here and the Spring Real Estate Market continues to pick up. New Listings are increasing and The amount of buyers is still strong and steady. The newest trend though is homes under contract falling through. It cots money and time for both the Buyer and Seller. Mortgages once pre qualified now being denied. Appraisals coming in too low in some cases. Some buyers simply with Cold Feet. Then wild and crazy requests from home inspections when some buyers are waiving them again to get their offers accepted. A new trend we are seeing is that Prices are kind of all over the place. Some homes listed way to high and others actually listed way to low. Location and condition highly affect value. The good thing is that the...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The Manchester NH Real Estate Market 2023 vs 2022 - March 27, 2023 REPORT. Everywhere I go people ask me how the Real Estate Market is.  Lets look at the stats which will surprise you, shock some and amaze others. With SINGLE FAMILY HOMES the amount of Sales year to date to today is only 6 less homes. However there is a sharp shortage of homes considered affordable to most currently listed. Even though the days on market increased from 10 to 25, Home Values have sky rocketed from last years average of 369k to this years average of 418k. With CONDOMINIUM HOMES the amount of Sales this year to date was 57 compared to a year ago that was 76. today. Days on market increased from 22 to 28. Home Values have sky rocketed from last years average of 249k to this years average of 295k.With MULTI ...
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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 March 20, 2023. The Spring Real Estate Market is ushering changes to our market. Where we saw an increase in new listings earlier in the year, the amount of new listings coming on the market fell by half last week. The amount of Single Family homes going under contract though, doubled last week.  People often ask what trends we are seeing in our market. Sadly, one trend is the sharp increase in homes that were under contract are "falling through". The top three reasons seem to be failed Inspections, Appraisals that are too low and Buyers whose financing who are declined.  This is causing hardships for sellers who think their homes are sold and are making plans already to move into their new home. The next question is often "How to avoid these issu...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Multigenerational living, the practice of several generations living together in one household, is becoming increasingly popular in Portsmouth, New Hampshire. This is due to its many benefits, which include cost savings, family bonding, caring for older generations, and helping young adults get started.One of the most significant benefits of multigenerational living is cost savings. Families can pool their resources to pay for housing, utilities, and other living expenses by living together. This can be particularly beneficial for young adults who are just starting and may struggle to make ends meet.Another advantage of multigenerational living is the opportunity for family bonding. By living close to one another, family members have more opportunities to spend time together, share meal...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
How recent financial events could lead to significant savings on your dream home?In the ever-changing world of finance and real estate, sometimes the unexpected can lead to new opportunities. The recent collapse of Silicon Valley Bank and a few other regional banks might seem awful, but it could present a golden opportunity for potential NH Seacoast homebuyers. Let’s delve into the backstory and explore how these events can benefit you.A Brief BackstoryA few years ago, in 2020 and 2021, banks saw a flood of new deposits due to stimulus money and increased savings during the pandemic. Banks invested in low-interest treasury bonds and mortgage-backed securities to make the most of this influx, locking in 1-2% returns for years. Fast forward to today, and the Federal Reserve has significan...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are happy to report that this Single Family home in Conway NH has gone UNDER CONTRACT and is now SALE PENDING. Located in the White Mountain area of NH and the Scenic North Conway area on 0.49 Acres, This home boasts 4 Bedrooms and 1 bath rooms. Scott Godzyk of the Godzyk Real Estate Services is the Exclusive  Agent on this property. Let us show you there is a difference. Experience matters....---PRICE: $ Under ContractBuilt in 19206 rooms, 4 bedrooms and 1 bathrooms.Size 1187 SFLOT SIZE: 0.49 acres--WE CAN SELL YOUR PROPERTY TOO!!!CALL TODAY FOR A FREE MARKET ANALYSISTO SEE WHAT YOUR HOME IS WORTH----One should know that All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest Agent or Company. It is important to Hire the ...
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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 March 13, 2023. The Spring Real Estate Market brought a 110% increase in Single Family home listings this week. The amount of sales is steady and strong. The newest trend though, is homes that were under contract "falling through". Inspections, Appraisals and Buyers whose financing is declined are causing an increasing amount of home sales to fall apart. We are seeing lines at open houses. We are seeing multiple offers again. We have also seen buyers starting to waive inspections and contingencies again on some offers. We are also seeing an increase in first time buyers. Yes, rates are higher, but many prices came down since last summer which may equal out in some cases. There are deals for buyers when you know where to look. MANY ASK WHAT THE DIF...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
2 Things NH Seacoast Sellers Need To Know This Spring A lot has changed over the past year, and you might wonder what’s in store for the NH Seacoast spring housing market. If you plan to sell your house this season, here’s what real estate experts say you should remember.1. Houses That Are Priced Right Are Still SellingHouses that are updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillow, says:“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”The need to price your NH Seacoast house right is essential today because the market has changed so much over the past year. Danielle Hale, Chief Economist at realtor.com, explains:“With a smaller pool of buyers today and more competition from...
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