Posts in category 'Peabody Amp Smith News'
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Adair Country Inn and Restaurant Welcomes New Owners
Bethlehem, NH – After nearly a decade of stewardship by the Bedor family, the Adair Country Inn in Bethlehem is now under new ownership and will continue to stay open to the public as a renowned Inn and restaurant.
The Adair Country Inn and Restaurant is now owned by Mark and Brenda Johnson of Bethlehem, NH. The Johnson family have been members of the Bethlehem community for over forty...
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Jeana Hale-Dewitt and Austin Hale join Badger Peabody & Smith Realty
North Conway, NH – The dynamic mother-son real estate team of Jeana Hale-Dewitt and Austin Hale recently joined the firm of Badger Peabody & Smith Realty in the North Conway office.
The duo have been in the real estate business in the Mt. Washington Valley as full time agents for a considerable amount of time.
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Kate Mora joins Badger Peabody & Smith Realty
North Conway, NH – With a love of the Mt. Washington Valley and an outgoing personality, Kate Mora knew real estate as her "second act" career was just the right fit for her. Now Mora brings her skills and real estate experience to the team at Badger Peabody & Smith Realty in the North Conway office.
Mora said, "Growing up as a family we always vacationed in the Mount Washington Valley and the love of the mountains, and the people had a strong effect on me. After raising our kids, we decided to leave southern New Engla...
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How to Add An Event to the Community Event Sign at Badger Peabody & Smith Realty
We have a great double sided sign at our Badger Peabody & Smith Realty Franconia office location at 383 Main Street. This double facing sign is used by us to post area events and messages. To learn more about what goes on the sign, and how to send in your information for possible inclusion on the sign, please download the guidelines and instructions here: https://dmgre.us/cdf/nljzw2l
To learn more, reach out to us via email at Info@BadgerPeabodySmith.com
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Fall 2023 Market Watch by Andy Smith, CCIM
Tight Inventory Drives Fewer Sales, Higher Prices
It's all about supply and demand in economics and in the real estate market, this theory holds true now. Low supply of inventory and buyer demand has real estate prices in New Hampshire up with a median sales price in August of $490,000. Home prices have continued to sit at record high levels nationally and locally thanks to a limited supply of homes for sale.
Higher mortgage rates, along with elevated sales prices and a lack of housing inventory, have continued to impact market activity during the summer homebuying season. According to Freddie Mac, the average 30-year fixed-rate mortgage has remained above 6.5% since May. As a result, existing home sales have continued to slow nationwide, but this has done little to cool home prices. These pric...