October 8th, 2010
by Kathleen M. Kizer
It continues to be a buyer’s market, but where are the buyers? 3rd Quarter stats for residential homes in Carroll County, New Hampshire report a 6% decrease in new listing activity and back on the market homes are up 26% over last year’s 3rd quarter. Successful property transfers are down 24% while the average sales value increases 26.6%. Interest rates continue to be offered at a lifetime low, however, today’s lender qualifications are more stringent and many prospective buyers just don’t qualify. Sellers remain motivated and many available listings offer great value for the investment.
3rd Quarter, 2010 vs. 3rd Quarter, 2009 Carroll County Real Estate Market
Based on information from the Northern New England Real Estate Network, Inc. for the period July 1st through September 30th, 2009 & July 1st – September 30th, 2010.
Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services
For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call 603-539-3200.
September 7th, 2010
by Kathleen M. Kizer
The 1st of September 2010 reveals 180 active listing available for purchase in Wakefield…with property values showing signs of stabilizing.
Wakefield Residential Listings report an increase of 31 new listing for the month with 149 homes carried over from the previous quarters and calendar year. The time it takes to experience a successful sale decreased from 116 days in August of 2009 to 104 days in 2010. The challenge remains for potential buyers to actually qualify with lenders new loan criteria.
Bottom line…today’s buyers have even more to choose from…current inventory remaining high with 180 active residential listings; 137 having water frontage or water access. The spectrum of value is between $49,900. – $1,250,000., it would appear that all potential sellers are in the same limited situation…where are the qualified buyers?
August, 2010 vs. August, 2009 Wakefield’s Residential Real Estate Market
Based on information from the Northern New England Real Estate Network, Inc. for the period of August 1st – 31st, 2009 & August 1st – 31st, 2010.
Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services
For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call 603-539-3200.
September 6th, 2010
by Kathleen M. Kizer
The August market reports a 33% increase in new Wolfeboro Residential Listings; with Back on the Market homes also up 57% over 2009’s MTD report. Successful sales have increased 66%, while the average sales price has dropped 23.6%. The time it takes to experience a successful sale has also decreased from 126 days to 100. Today’s buyers still have a lot to choose from with 195 homes currently available for purchase… 66 properties having waterfront or water access.
August, 2010 vs. August, 2009 Wolfeboro’s Residential Real Estate Market Reporting Increased Sales activity and a Decrease in Value
Based on information from the Northern New England Real Estate Network, Inc. for the period August 1st – 31st, 2009 & August 1st – 31st, 2010.
Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services
For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call 603-539-3200.
August 3rd, 2010
by Kathleen M. Kizer
Mid-Year Commercial Property Market Report 2010 – New Hampshire
New listings, back on the market, expired listings and withdrawn commercial listing all DOWN; while pending sales, contingent contracts, successful closing and overall property values are UP.
Mid-Year Commercial Property Market Report 2010 – Carroll County, New Hampshire
A mixed review for Carroll County commercial properties… Commercial owners actively working towards a successful transfer are reporting signs of improvement with pending contracts, contingent sales, and successful closings…however there are more sellers working towards the same positive results as reported in the up-tick of new listings and back on the market opportunities. Withdrawn listings have decreased in anticipation of meeting their goals, perhaps waiting to be one of the successes counted in the year-end stats. Current inventory remains high with a four year supply of listings but there is a trend reflecting a decrease in overall market values and with all the uncertainty in national, state, local and personal economics, we could be in for an extended “slow down.”
Based on information from the Northern New England Real Estate Network, Inc. for the period January 1st – July 31st, 2009 & January 1st – July 31st, 2010.
Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services
For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call 603-539-3200.
August 2nd, 2010Values, Transactions, Pending and Contingent Sales All Showing Increases over 2009 YTD!
2nd Quarter stats for residential homes in Carroll County, New Hampshire report a marginal increase in new listing activity and back on the market properties when compared to last year. 2nd quarter active listings for 2009 reported 274 residential homes for sale, while today’s volume reports 319 active listings resulting in a 16.4% increase. Another important fact to note…residential property values are now on the rise averaging a 17% increase within the County vs. 6.7% for the whole of New Hampshire. The County is not only seeing increased value, we have also reported an increase in the volume of successful sale up 30.6%, while reducing the number of days on the market by 18.8%. Interest rates remain low but today’s lender qualifications are more stringent than days gone past and many interested buyers just don’t qualify. Sellers remain motivated and many listings offer great value for the investment. It continues to be a “buyers market.”
2nd Quarter, 2010 vs. 2nd Quarter, 2009 Carroll County Real Estate Market
Based on information from the Northern New England Real Estate Network, Inc. for the period January 1st – June 30th, 2009 & January 1st – June 30th, 2010.
Contributed by Kathleen M. Kizer, REALTOR, ABR, GRI, ePRO, Associate Broker | Costantino Real Estate, LLC. “Your Lakes Region Professional” | Certified Residential Appraiser, NHCR-616, Wolfeboro Appraisal Services
For further inquiries or questions please e-mail to Kathleen@LakesRegionBroker.com or call 603-539-3200.
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