Posted by: judytrealestate | March 6, 2011

NH Real Estate Market is rebounding

From the prospective of an active real estate agent, I believe the market here in NH is rebounding despite the abundance of foreclosure properties available.

 

16 Gallant Drive, Brentwood, NH 03833

 

 
What makes me think this, one may ask? Well, in the past six months I have noticed a significant change in the type of buyers looking to move. More home owners are taking a “step up” in home size and price.

Last year at this time many of the buyers in the market were first time home buyers looking to score on the glut of foreclosure properties available and that was not a bad thing. First time home buyers are the people who drive the real estate market.

The problem has been that many home owners were staying put in their entry level homes, thus causing the mid price range homes to linger on the market for no apparent reason except, there was no one to buy them.

 

Waterfront Gem

27 Cove Road, East Kingston, NH 03827

 

 

Well this has changed and I have noticed a marked upswing in the number of home buyers “moving up” this year. Many buyers realized that the interest rates were still low (a condition not guaranteed to last) and if they priced their homes to sell then they could “move up” to a home more suited to their wants and needs.

So if you are “on the fence” about taking that all important “step up” to a home more suited to your needs, please consider contacting me for a free market analysis on your current home. It may give you the information you need to help you make an informed decision.

Judy Tuscano, REALTOR

Your NH Real Estate Professional

Prudential Verani Realty

603-498-2263 cell phone (call or text)

603-679-5654×3919 office

978-565-1207 E Fax

jude1220@comcast.net


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