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... 03/27/2023

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 ... 03/22/2023

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... 03/20/2023

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... 03/19/2023

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... 03/18/2023

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 ... 03/16/2023

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... 03/13/2023

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... 03/08/2023

Manchester NH Real Estate Market REPORT March 6, 2023. The month of March is here and the Spring Real Estate Market is already under way. We have seen the amount of new single family home listings is increasing. The amount of sales is steady and strong. There is still a sharp shortage as we see more buyers than homes to sell them. Condominium sales are outpacing single family home sales as first time buyers look to buy affordable homes.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 yo... 03/06/2023

We are proud to report that this Single Family home in Boscawen NH has SOLD and is now CLOSED. Located over looking the River on 0.27 Acres, This home boasts 5 Bedrooms and 2 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: $195,000Built in 18388 rooms, 5 bedrooms and 2 bathrooms.Size 2133 SFLOT SIZE: 0.27 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 BEST Agent. In NH that could be me. Experience matters!WE STRIVE TO PR... 03/04/2023

 One Major Benefit of Investing in Portsmouth, NH real estate One of the many reasons to invest in a Portsmouth, NH, home is that it's a significant way to build wealth and gain financial stability. According to Freddie Mac:“Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.”With spring approaching, now's a great time to consider if buying a home makes sense for you. The best way to figure that out is to talk with a trusted real estate professional.The Largest Part of Most Homeowners' Net Worth Is Their EquityYou may be surprised to learn how much of a Portsmouth, NH, homeowner's net worth actually comes from owning their home. The National Association of Realtors (NAR) shares: “Homeo... 02/28/2023

Manchester NH Real Estate Market REPORT Feb. 27, 2023. As we end the month of February, winter decides to arrive.  Also as February comes to an end, the Spring Real Estate Market is here. We have seen the amount of new single family home listings double last week. There is still a sharp shortage as we see more buyers than homes to sell them. WHAT SHOULD YOU DO? First off as with a changing market, you will find an Agents experience matters the most. Many have noticed some houses selling in days while others have been around a couple of months unsold. Many others notice  some buyers offers are accepted right away, while other buyers search for months.  That means you as a consumer should know with so many market changes, an Agents experience and skill matters the most.  We are seeing lin... 02/27/2023

Hello Builders, General Contractors, Remodelers, Developers, Architects & RE Investors...You are invited to attend our free no obligation custom modular construction seminar... this is an in-person at-the-factory event/tour/seminar with complimentry lunch...please RSVP today at https://www.wmh-modular-construction-seminar.com for our March 3rd, 2023 Modular Construction Seminar for builders, general contractors, developers, remodelers, architects & RE investors 02/25/2023

Hello Builders, General Contractors, Remodelers, Developers, Architects & RE Investors...You are invited to attend our free no obligation custom modular construction seminar... this is an in-person at-the-factory event/tour/seminar with complimentry lunch... please RSVP today at https://www.wmh-modular-construction-seminar.com for our March 3rd, 2023 Modular Construction Seminar for builders, general contractors, developers, remodelers, architects & RE investors 02/24/2023

Are you considering buying a home in Portsmouth, NH, or the New Hampshire Seacoast this year? We can point you to grant funds for your down payment or closing costs. Give us a call, and let’s talk.Here is a small sampling of the assistance we can guide you toward to help buy a home in Portsmouth, NH or other New Hampshire Seacoast towns.1. Up to $10,000 to help with your down payment and closing costs. You do not need a ton of cash to buy a home.2. Up to a $2,000 interest tax credit every year, you have a mortgage for the life of the loan!3. Credit scores as low as 6204. Income up to $129,600 in Portsmouth, NH5. Purchase price up to $525,000Let’s talk soon about making you a New Hampshire homeowner; it’s easier than you think. Here is our contact informationWe can put you in the photo b... 02/23/2023

Manchester NH Real Estate Market REPORT Feb. 20, 2023. On this third week of February, the Spring Real Estate Market continues to strengthen. We are seeing a string amount of buyers with very few homes on the market For Sale.  One change last week was an increase in Condo Listings. If you were thinking of Selling later in the Spring, maybe now is the time to sell to get a good price and terms. Simply reach out and I can tell you what your property is worth in today's market. WE ARE SEEING LOTS OF CHANGES AND CONFUSION IN THE MARKET THOUGH. Let me check MY CRYSTAL BALL and GIVE YOU SOME STRAIGHT TALK. It is the tale of 2 markets where some agents are swamped and others have no business. That means you as a consumer should know with so many market changes an Agents experience and skill ma... 02/20/2023

We are happy to report that this Single Family home in Boscawen NH has gone UNDER CONTRACT and is now SALE PENDING. Located over looking the River on 0.27 Acres, This home boasts 5 Bedrooms and 2 bath rooms. Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Listing Agent on this property. Let us show you there is a difference. Experience matters....---PRICE: $259,900Built in 18388 rooms, 5 bedrooms and 2 bathrooms.Size 2133 SFLOT SIZE: 0.27 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 BEST Agent. In NH that could be me. Experi... 02/13/2023

Manchester NH Real Estate Market REPORT Feb. 13, 2023. It is the middle of February and it appears the Spring Real Estate Market IS HERE. The weather feels like spring for sure. THE MARKET IS CHANGING AGAIN, Yes you read that right, with a severe shortage of homes listed for sale and a steady amount of buyers, we are seeing lines again for showings and multiple offers on our new listings.  WILL THIS TYPE OF ACTIVITY CONTINUE THROUGH OUT THE YEAR? Let me check MY CRYSTAL BALL and see what it says. To be honest, it is impossible to know what will happen alter in the year. I DO KNOW that Spring is the busiest time of year for Real Estate Sales as Listings usually Increase greatly. It is the time we see the greatest amount of Buyers. However, right now the Buyers are here, we just need more... 02/13/2023

JOIN US - LIVE GUIDED INTERACTIVE VIRTUAL TOURSRegister for one of our next Live Virtual Factory, Design Center & Models Tours at https://vt-sign-up.comExperience a live virtual tour of our actual Westchester Modular Homes factory & models located at the factory, as well as custom homes that our customers have allowed us to shoot in 3D and share with you. If you are interested sign up at https://vt-sign-up.comWhat will you learn by attending the Live Virtual Factory Tour? The Benefits & Advantages of Modular Construction The Design Software & how you can take a 3D walkthrough of your home before its built 3D Tour of our Factory & Sample Homes Q & A Session after Presentation Westchester Modular Homes Inc works with independent qualified builders throughout NY, NJ, PA, CT, RI, NH, MA, VT... 02/07/2023

Manchester NH Real Estate Market REPORT Feb. 6, 2023. February has arrived and the end of winter is in site. That means the Spring Real Estate Market is right around the corner. With snowy weather and then artic cold, New Listings are down for Single Family and Multi Family Homes. They are actually up slightly with condos. Pending Sales are steady while Mortgage rates actually fell.  THIS WEEKS QUESTION asks "What will the Spring Market bring?" Let me check MY CRYSTAL BALL and see what it says. Spring is the busiest time of year for Real Estate Sales as Listings usually Increase greatly. It is the time we see the greatest amount of Buyers. However, right now the Buyers are here, we just need more homes to sell them. That makes now a GREAT time to List your home and have us SELL it. With... 02/06/2023