Open Houses Saturday June 21 from 10-Noon:
27 West Diane Drive, Keene • $229,000 • 4-BRs, 2.5-BA Cape with pool, many updates & $5k at closing to buyer!
28 Greenbriar Rd, Keene • $249,900 • 4-BRs, 1.5-BA Colonial. Well maintained, great neighborhood, private yard.
26 Cram Hill Rd, Swanzey • $136,900 • 3-BRs, 2-BA home on almost 3.5 acres with patio & an affordable price!
For more information, click here.
Open Houses Saturday June 21 from 12:30-2:30
271 Gilsum St, Keene • $167,500 • Super spacious 4-BR, 1.5-BA home with a lot of living area in a nice location.
61 Webber Hill Rd, Swanzey • $94,900 • Affordable & adorable 3-BR home on a beautifully landscaped lot.
23 Spring Street, Swanzey • $134,900 • Totally renovated 3-BR Cape with new kitchen & bath and enclosed porch.
For more information on these properties, click here.
Remember, If you can’t make the open house, you can always call us at 603-357-2121 to make an appointment to view any listing!
Posted in Uncategorized | Leave a Comment »
||Total Fin SqFt:
||Yes / Interior
||Apx Ttl Below Grd:
||Full , Partially Finished , Walk Out
||100 Amp , Circuit Breaker(s)
||Baseboard , Hot Water
||Oil , Wood
|APPROXIMATE ROOM DIMENSIONS
|Other Rm 1
||Other Rm 2
||Other Rm 3
||Move right in to this charming home in terrific neighborhood!! Home boasts 3 bedrooms, 1 full updated bathroom, recently applianced eat-in kitchen, replacement windows throughout, new architecturally shingled roof, recently painted interior, family room in lower level with wet bar, newer woodstove and sliders to the patio in the backyard, workshop area as well as laundry room with washer/dryer. This home has it all!!
||Court St. to Old Walpole Rd. Left onto American Ave. Left onto Liberty Lane. House on is the second house on the right
Posted in Community, New Real Estate, NH Real Estate Market | Leave a Comment »
We posted an article from DSNEWS that stated “Despite fewer foreclosure starts, distressed sales rose in 2013”. Based on our analysis of sales in all of 2012 and 2013, this has been true even in New Hampshire.
We reviewed the data reported in NNEREN MLS and determined an estimated* foreclosure (REO) amount for 2012 and 2013 in select areas, in addition to the entire state.
Cheshire County 2012: 10% REO
Cheshire County 2013: 18.5% REO
Sullivan County 2012: 15.6% REO
Sullivan County 2013: 20.3% REO
City of Keene 2012: 7.6% REO
City of Keene 2013: 10.3% REO
City of Claremont 2012: 22.3% REO
City of Claremont 2013: 27.6% REO
All of New Hampshire: 2012: 10.6% REO
All of New Hampshire 2013: 14.07% REO
Foreclosure sales increased 3.47% statewide, with some markets having a foreclosure sales rate higher than the state average. Real Estate is a local phenomenon and each market is different.
*The above data was gathered from NNEREN MLS and is estimated as not all listings are reported as a foreclosure in the MLS when they actually are, as each bank/servicer has their own guidelines on disclosing a property as a foreclosure.
Posted in Community, News, NH Real Estate Market, Real Estate News | Tagged bank owned, cheshire, Claremont, Data, Distressed Sales, foreclosure, Keene, lender owned, MLS, New Hampshire, News, NH, NNEREN, real estate, realtor, REO, Statewide, Sullivan, Thackston | Leave a Comment »
Statewide Trends: 2014 Projections
Posted by Gove Group on Monday, January 13th, 2014 at 11:31am.
By Daniel Hussey
Single Family Home Sales
Sales were up by 10% in 2013, continuing the upward trend in total sales over the past 3 years. We believe the market will continue to accelerate in 2014 and improve another 15% over the course of the year. If the last few months are an indication of what’s ahead, 2014 will be a big year. There is still a lot of pent up demand in the starter home market and for those looking to downsize. Analysts are already looking at what is happening and seeing a housing bubble form in specific A+ markets; however, tighter regulation in the home mortgage industry will hopefully reign in macro-level unrealistic appreciation and keep the markets safe. So far, so good.
Single Family Prices
Home prices continue to improve. During the downturn, the average home price fell largely because the number of sales priced below $200,000 made up a much larger percentage of all sales in the market. At the same time, home sales above $200,000 decreased. What we are seeing is that middle portion of the market, sales right around $200,000 to $300,000, increase and sales below $200,000 are drying up. This change in volume from one price segment to another is a long process and speaks volumes about incomes, jobs, an aging population, an aging stock of existing homes, costs of construction and many other factors including buyer’s perception. What we want to see is a return to normalcy followed by slow growth that mirrors income growth at all price points. This makes for a stable, easy-to-predict, investment atmosphere. While the changes in regulations in the housing industry have been arduous at times, they are aimed on the most basic level, to match incomes with home costs to avoid over extending consumers for their own good, or in other words, more secure and stable path towards the American Dream. This is playing out now and so far, in our markets, it’s working.
As new construction specialists, we are seeing an increasing demand for new homes for two main product types; starter homes and ranches or first floor masters. The existing stock of starter homes is largely made up of older homes built in the 70’s and 80’s, lived in by baby boomers who have invested in their homes over the years to various degrees. At the same time, there is an enormous and ever growing segment of baby boomers, 55 to 65, that have stayed on the sidelines during the downturn, who are ready to downsize, build that dream house and move on. These buyers will pay a much higher PSF for the right home. Spec building for this segment is clearly the path to success in 2014. Finally, the segment that saw terrible depreciation during the downturn, those large colonial homes built from 2000 to 2007, will start to see the light at the end of the tunnel and some will make a move despite taking a loss from their original purchase price.
If there is one point that needs to be made going into 2014, it is this: If you want to increase the number of homes you want to sell this year, start spec building now. With build times of 6 to 8 months, buyers will purchase a similar spec home before buying paper. Additionally, plan your Fall batch out now so they are in the pipeline.
Shared with permission from The Gove Group Real Estate, LLC
Posted in News, Real Estate News | Tagged 2014 Projections, Builder, buyer, Gove Group, Market Watch, Mortgage, New Hampshire, New Hampshire Market, New Hampshire Real Estate, New Hampshire Real Estate Market, NH, NH Market, NH Real Estate, NH Real Estate Market, R.H. Thackston & Company, real estate, real estate agent, real estate market, Real Estate Market Update, Real Estate Market Watch, real estate sales, realtor, sales, seller, Statewide Trends, Thackston, The Gove Group, Value | Leave a Comment »