As we glide into the fall selling season, the market continues to be strong and is growing on all fronts. For the first time in 2 years, the number of homes for sale increased. At the end of August, there were 2,346 homes for sale in NH, a 28.9% increase over a year ago. With increased supply, Buyers now have a better selection and see affordability improve as interest rates decline. Rates have dropped considerably, and now are in the mid 5% to low 6% range. Expect to see interest rates continue to drop, leveling off in the low 5% range.
Although the number of homes closed in NH continued its downward trend through July, the pending sales, or those properties that are under contract and headed to closing has increased 19% year over year. We expect this trend to continue as there is a pent-up demand for homes, and there just has not been the inventory to match.
With solid demand, increased inventory, and lower interest rates, the outlook for both Buyers and Sellers is quickly getting back to pre-pandemic levels, and that bodes well for all. As always, please don't hesitate to connect with any of our 65 full time professional Realtors® from any one of our 8 conveniently located offices for a confidential discussion of your local market, and how we can help in your journey for your next real estate transaction.
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Once a year at Badger Peabody & Smith Realty, we try to partake in one group outing that showcases an area we work in – this year we were pleased to enjoy a trip up the Mt. Washington Cog Railway to the Northeast's highest summit, Mt. Washington!
It was a rare day, as it was CLEAR at the summit and all the way up! What a brilliant day for a special trip!
We had close to 60 agents and staff members participate and they took lots and lots of photos! On this clear day, they could see the ocean, the mountains and everything in between!
Thank you to Randall Armor and the rest of the folks at the Mt. Washington Cog Railway – it was great to have your help coordinating the trip and to hear the stories about the mountain. We loved your hospitality! No wonder the Cog is considered a "must do" when visiting the area!
In addition, all of our agents and staff got a great long sleeved t-shirt to remember the day. Thank you to Embroidery by Everything Personal in Littleton, NH for making them – they are perfect!
Also a big shout out and thank you to our staff who worked to organize the event, Sara Curtis, April Reinhard & Elspeth Richardson. In addition, a big thank you to our agents & staff who helped to capture the event in photos – Eric Turchon, Wendy Holmes, Debbie Anderson, Honour Kidd & more! We loved getting to partake in such a great activity and something here in our own backyard – we love living here!
To see more photos of the event, flip through the album here.
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GORHAM, NH — Working with the public, helping and being a resource are just a few things Shayna Pryor enjoys in the careers she has chosen. For Pryor, real estate will be a terrific extension of all those careers put together.
The Badger Peabody & Smith Realty Buyer's Guide appeared in mailboxes in the greater Central NH, Mt. Washington Valley and North Country during the week of July 22nd. This eight page full color guide shares market information, properties for sale and more.
If you are a business interested in advertising in the guide, reach out to Chrissy Smith at 603-444-0951 or by email at ChrissyS@BadgerPeabodySmith.com for rates and more information.
To view the Badger Peabody & Smith Realty Buyer's Guide in digital format,
Welcome to the Summer Edition of our Journey Home magazine! In summer, we have so much to see here and explore!
In this edition, we will delve into the summer real estate market, spotlighting emerging trends. We will also recommend some of the best places to go camping (or glamping), ways to maintain your outdoor spaces, porch sitting and historic women of the New Hampshire!
To read the latest issue of our Journey Home magazine, click the link here.
And don't forget, if you'd like to display some Journey Home magazines...