Posts from June 11th, 2009
June
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Summer Market Watch from Peabody & Smith Realty - Current Market Snapshot
Is it a Triple Play? Consumer Confidence Rising; Real Estate Sales Increase, New Construction numbers rebound.
As of June 1st, all three important indicators are positive. Plus, the low interest rates and the $8000 First time Home Buyers Tax Credit continue to be market makers. So, is the market back? In many senses it is. Take a look at the numbers. According to the numbers reported by the National Association of Realtors, the Northeast saw a 12% increase in sales in April, with the largest increase in the lower-price segments. This increases the annual number of homes sold in the NE from 690,000 to 770,000. New home building starts increased 21% in April over March, a great sign that the excess inventory of new, un-sold homes is getting cleaned up.
Not surprisingly, locally we are seeing a similar increase in activity, and a corresponding reduction in prices. Sales have trended upward in April, along with a dramatic increase in the inventory of homes for sale. This...
June
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Welcome to Ledgewood
Ledgewood is a unique community nestled in the heart of the White Mountains of New Hampshire. Drive through the stone pillar entrance and meander up the paved road, and you will understand that this is truly a special place.
Over 1600 acres in the towns of Bethlehem and Carroll, with 24 premier home sites ranging in size from 17 to 100 acr...