Rochester, NH

September 18th through the 27th, 2009

One of the oldest NH fairs, the Rochester Fair is filled with live music and entertainment, monster car shows and races, amusement park and carnival rides, and plenty of delicious fair food. Since 1874, features fun for the entire family including children's activities, entertainment, music, rides, horse show, harness horse racing, livestock competition, and exhibits, commercial vendors, a wide variety of food and attractions.

The Greater Rochester Chamber of Commerce is pleased to announce that Boston Bruins veteran Terry O'Reilly will sign autographs at the Greater Rochester Chamber of Commerce Small Business Expo & Taste of the Chamber on Thursday, May 14, at the American Legion Post 7, 94 Eastern Avenue, in Rochester.

Sponsored by KG Sports & More of Rochester, O'Reilly will be on hand from 5:30-7:30 p.m. Any item may be used for autographs. O'Reilly served the Boston Bruins as #24 in the 1970's and 1980's and later coached the team.

At the Expo, guests will also have the opportunity to visit 50-plus local business booths to learn about the products and services that they offer.

A Taste of the Chamber featuring complimentary hors d'oeuvres and food items are being provided.

The event is open to the public and admission is free. For more information call the Chamber at 603-332-5080

Rochester, New Hampshire Real Estate

Rochester, New Hampshire is located in southeastern New Hampshire and is known as the Lilac City. It is the largest city in the seacoast region and fourth largest city in New Hampshire. An ideal setting for new businesses and residents alike, the city is conveniently located, serving as a gateway to New Hampshire's famous Lakes Region, the White Mountains with its ski resorts and the Seacoast with its superb beaches. Whether covered with its famous lilacs in the spring, wildflowers blooming in the summer, spectacular autumn foliage or fresh-fallen snow, the Rochester area is a scenic delight.

Rochester enjoys many of the conveniences of a prospering city combined with the delights of small-town New England traditions. The arts are alive in the city with its historic Opera House, where cultural and civic activities are offered to residents and organizations in the area. The city celebrates an annual Lilac Family Fun Festival in the spring, multiple activities for families, a festival in the downtown area, a Fourth of July celebration, the 125-year-old Rochester Fair in the fall, and a Christmas parade.

The city's commitment to economic development continues to spur major growth of manufacturing and high-tech companies. The city exemplifies its commitment to its existing businesses through retention and expansion efforts. These efforts have resulted in the preservation of several long-term companies that have made their home in the city for generations. The diversity of the city's commercial and industrial base is enormously beneficial in attracting new residents to the area.

Residents of the city and surrounding communities enjoy an attractive downtown area with several malls and plazas. Antiques, footwear, appliances, gift shops, pharmacies, restaurants and several service are among the major businesses at the several plazas and malls located throughout the city.

Cultural and recreational activities include access to plays at the Opera House, theater, golf course, bowling, ball fields, hiking, walking paths, rivers, ponds and lakes. Traditional values and hard-working people filled with community spirit have created lasting pride. Boasting a convenient location, a thriving local business climate, and excellent opportunities for recreation, sightseeing and leisure, Rochester is truly the place to be.

Sign up to receive new listings including foreclosures at Rochester NH Bank Owned real estate.

Visit the surrounding communities of Somersworth New Hampshire real estate, Dover New Hampshire real estate, Rye New Hampshire real estate, Durham New Hampshire real estate and New Hampshire real estate for relocation, school, community, home buying and selling information. Go to Portsmouth NH Foreclosures to view bank owned property and Portsmouth New Hampshire real estate for more information about Portsmouth, NH.

Visit Massachusetts Real Estate for information about towns and cities in MA. Go to Virtual Homes MLS search for a map based search of all Massachusetts MLS listings.

Virtual Homes real estate provides consumers with MLS search options and town information in New England states. RE/MAX Country Properties real estate agents provide buyer agent and seller agent services.

Although the real estate market was tough in 2008 as you will see below, 319 homes sold in Rochester. People still have to move and homes still do sell regardless of the market. With that said, here is A Little Perspective on the Real Estate Market:

• More than 1000 banks closed in 1930 (three years before the FDIC was created) BUT Only 14 banks have been taken over in 2008,

• There are 76 million households in the US that own their home--24 million of these homes are owned free and clear,

• There are 52 million homes with mortgages in the US; 97.2% of these are not in foreclosure AND 93.8% of these homes are current on their payments.

Unfortunately...

• Over 20% of people with a mortgage owe more than their home is worth

• 40% of all homes in foreclosure are non-owner occupied (investments)

• There is $975 billion in consumer debt in America

Historic Facts...

• The average real estate boom lasts 3 to 4 years, and the bottom lasts for 15 months

• This real estate boom lasted 9 years, so the bottom will likely last 2-3 years (start Jan. 2008)

• The normal recession lasts 7 to 8 months in total

• There have been 8 recessions and 1 depression in the past 100 years

• 8 times more millionaires are created in a recession

Here is the history on what happened in Rochester at year end...

45 homes sold in Rochester in November and December:

- 32 single family homes,

- 4 condos, and

- 9 mobile homes.

In 2008, 319 homes sold in Rochester, NH:

-212 single family homes

- 45 condos, and

- 62 mobile homes

In addition, 8 Rochester homes went pending with active contracts in November and December.

For more real estate information, check out my website www.SeacoastHomesForYou.com , or to receive a FREE on-line market analysis on your home check, out www.GetFreePropertyValues.com.

Lawrence Yun, NAR chief economist noted in October that, "A trend away from subprime mortgages to FHA loans, which often carry much lower interest rates, is a positive development for consumers and the house market going forward. Still, it will take some time for the change to yield a measurably higher closed sales volume in the aftermath of the subprime collapse. In the near term, we expect home sales to remain fairly stable." As real estate markets are local, here's what happened in the Rochester market in October:

31 homes sold in Rochester in October:

- 23 single family homes,

- 4 condos, and

- 4 mobile homes.

Year-to-date, 274 homes have sold in Rochester, NH:

-180 single family homes

- 41 condos, and

- 53 mobile homes

In addition, 28 Rochester homes are pending with active contracts.

For more real estate information, check out my website www.SeacoastHomesForYou.com , or to receive a FREE on-line market analysis on your home check, out www.GetFreePropertyValues.com.