Londonderry, NH

As we enter the Fall market and head into the final stretch of the
2009 Real Estate year I decided that it would be a good idea to look
at the Absorption Rate for Londonderry in three categories. The first is
to see what is the Towns overall absorption rate (for an explanation
of absorption rates go to www.chris-bonta.com) is, second I wanted to
see the rate for Residential only and third to look at the rate for
Condominiums.

Although news regarding real estate has been more positive lately, our
market continues to be weak, a good indicator of this is the fact
that appraisers still consider Rockingham County to be in a declining
value state. In calculating the absorption rate for Londonderry I looked
at properties between $50,000 up to $600,000, and what I found is
that the Towns market continues to be weak. The overall
absorption rate for the Town came in at 8.6 months and the average
days on the market for Residential properties was 142 and for
Condominiums it was 154. The break down of the absorption rate
between Residential and Condominium does show that the Condo market is
doing slightly worse than the Residential market, the absorption rate for
Condos is 8.96 months compared to the Residential market rate of
8.1 months. The one ray of light for residents of the Town is that the
absorption rate
has remained steady (the second quarter rate was 8.59) and compared to
other Towns
Londonderry has a more vigorous market.

If you are thinking of selling your home or currently have your home
on the market you need to take a careful look at these figures and the
amount of days on the market the average property is spending.

Based on information from the Northern New England Real Estate
Network, Inc. for the period 10/01/2008 to 9/30/2009

Contributed by : Christopher Bonta, Sales Associate, Bean Group
--
Christopher Bonta
Bean Group
www.chris-bonta.com
603-571-1466 Cell

Londonderry, New Hampshire MLS Map Search

Working with industry professionals that provide accurate information and proper advice facilitates the home buying process. Recommended professionals include mortgage lenders, Realtors, attorneys, home inspectors and accountants. If you are a first-time home buyer, you may qualify for a tax credit ($8000 in 2009) and could be eligible for special financing programs.

Once you determine the price range, style, and personal criteria the property search begins. Virtual Homes NH MLS map search is a great tool that provides mapping of all properties in the MLS. Search by location, neighborhood and commuting options.

For a map based search of all properties listed in the NH MLS go to

Londonderry NH MLS Map Search

The Virtual Homes MLS Map Search provides all MLS listings plotted in each town on a map in both New Hampshire and Massachusetts. RE/MAX Country Properties real estate agents can assist you in your search for the perfect home (800) 222-2829.

New Hampshire Multiple Listing Service- Search the MLS for all NH property listings. Go to MA MLS for Massachusetts listings.

New Hampshire Foreclosures and Bank Owned Homes - Register to receive New Hampshire foreclosure (bank-owned) listings and short sale opportunities. Go To MA Bank Owned for Massachusetts foreclosed property.

Home Search Service- Home search is a web-based real estate software tool (MLSpulse) that keeps you continually informed of your local real estate market. Virtual Homes real estate provides access to real estate, relocation and town information in New England states.

The Tupelo House In Londonderry Located on the Corner of Crosby and

Young Rd. You can find Comedy Shows, Live Music and more here, all at

reasonable prices and close to rrestaurants.

Londonderry's newest Fire Station is located just south of the Center of Town

St. Peter's Episcopal Church is just one of many Church's represented within the Town of Londonderry.

For more information regarding living in Londonderry, just call me at 603-571-1466. I would love to discuss with you Life In Londonderry and also the other surroundings Towns in Southern New Hampshire.

The 1st quarter has ended for Londonderry and it is time to see where the Town stands. At the end of 2008 Londonderry's absorption rate was 7.19 months, which means that it would take the market 7.19 months to absorb the current inventory on the market. As I have stated in previous posts, when the absorption rate is above 6 months the market is considered to be a Buyer's Market. The end of year absorption rate showed that Londonderry was firmly in the grips of the Buyer's market and even though the Town fared better than their neighbors or the County the market for Sellers was not good.

Now that the 1st quarter has ended, the newest numbers show that the Town has slightly moved even more into a Buyer's Market. The Towns absorption rate is now at 7.68 months. As I've spoken about in past posts, knowing what length of time it will take your property to sell is very important, and the absorption rate of a Town is key to knowing where to price your property and how long it will take to sell.

When marketing your property it is always important to be aware of current market trends, any changes and how it may effect you. I have over 10 years of experience in Real Estate and I consider myself someone who can bring my experiences to assist any Seller in Marketing their property. If you are considering selling your home, you need to have someone with the expertise and experience to help you navigate the ever changing waters of the Real Estate Market, so call me so that I can assist you with your largest financial dealing.

As my generation age's( The Baby Boomers) we have not only had to deal with our own issues like retirement, putting our kids through college and even raising our younger children etc., we have also had to start dealing with the issue of our elderly parents. Unlike past generations, our parents are living a longer life and not all of them are living a high quality of life. We see ads in newspapers, magazines and on television about older people living life like they were in their 20's or 30's, doing all sorts of fun things. The fact is though that for many Baby Boomers, our parents are getting older, they have begun to need our assistance and we are increasingly becoming the Caregiver/Parent to our Parent(s).

There are many "active" Communities for our parents to move to, but these facilities are by and large very expensive and many of the elderly cannot afford them. They are not ready for a nursing home, yet they cannot remain living alone due to physical or mental deficiencies. The solution, in many instances, is for the parent to move into one of their children's homes. I know this first hand because my Mother (76 yrs old) moved in with me 4 years ago and has been diagnosed with Alzheimer's since then. If you are an adult with one or both of your parents living with you, there is a great place you should consider for your parent. Here On Earth Adult Day Services provides a place for Elderly Adults to go and be cared for in a quite, safe and fun environment. Established a few years ago By Stacy Thrall (in her home), Here On Earth is a wonderful place for your parent to go to during the day. I can speak personally about how great this place is, because my Mother was one of the founding members of Here On Earth and has loved going to Stacy's from the first day she went. The services provided by Here On Earth are 1st class, I cannot say enough about how fantastic a place this has been for my Mother.

If you are a person caring for one or both of your parents and you are not ready to place them in a nursing home, because they do not need to be in one, please check out Here On Earth. The comfort I and my family have knowing that my Mother is at Here On Earth every day, is a blessing. You can get additional information regarding Here On Earth by checking out their web site at www.hereonearth.info .