Posts with tag 'real estate market'
March
4
4
Congrats to the Plymouth New Hampshire office
Congratulations to Sue Sampson, Carmen Burns, Jerrod Mitchell and Missy Sullivan in ourPlymouth New Hampshire office. The office recently ended the 2010 sales year with a 50% increase in real estate sales over 2009. We opened that office in early 2009 at 85 Main Street and are thrilled to have expanded into the Central NH real estate market in such a positive way.
These four a...
December
10
10
Current Real Estate Statistics for Grafton & Coos Counties in NH
All in all, the real estate market this year has improved and we are optimistic for 2011. In real estate, there is a saying that "all real estate is local". While the national headlines talk about the real estate market as a whole, it's a lot like the weather – you see different weather scenarios all over the country, but what you really want is the forecast in your area. Currently we are seeing modest increases in the number of homes sold in Grafton County, and we notice an increase in the average sales price. While the days a house was on the market has increased a bit in both Coos and Grafton, but really not by a huge degree. Homes that come onto the market priced correctly are finding new owners.
Con...
November
10
10
Our St. Johnsbury Office Is In Their New Building
After a few weeks of renovations, our St. Johnsbury office is up and running at our new location, 683 Railroad Street, St. Johnsbury. We installed the sign on a chilly Friday afternoon, Andy Smith and our Renovation Specialist Lon Ashton handled the installation. This year, we have doubled our staffing in St. Johnsbury to 4 agents and added an administrative assistant. At the office, you'll find: Robin Jacobs, Toni Morris, Kris Still, Sam Vance and Stacey Brisson. Stop by sometime and say hello! We...
June
11
11
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...