
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...
The Badger Peabody & Smith Realty Buyer's Guide appeared in mailboxes in the greater Central NH, Mt. Washington Valley and North Country during the last week of September 2023. 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 inform...
Homeowners often upgrade the kitchen to maximize the sale price of the house. If this includes you, our real estate agents want to caution you to consider whether you will get a meaningful return on your investment (ROI) or if you are following a fad that will quickly lose value. Here are a few renovations that may not be in your best interests:
Plymouth, NH – A celebration was held recently for the ribbon cutting and grand opening celebration of the area's newest restaurant, La Familia Mexican Bar and Grill, on Tenney Mountain Highway. As traffic rolled by, passersby honked horns welcoming the new owners to Plymouth.
For owners, Leo & Alexa Vazquez, the opening of their own restaurant is the realization of a dream and that hard work pays off.
Leo Vazquez said, "I've worked in the restaurant business for over fifteen years, I love seeing everyone happy with a great meal, being with family, friends and having a nice time out. For Alexa and I, our dream was to own and operate our own restaurant after running Cielit...
The Fryeburg Fair is always a huge blast for children and adults alike. It's also close to many Fryeburg homes for sale, each absolutely gorgeous and waiting for new occupants.
There's so much fun to be discovered at the Fryeburg Fair, scheduled for Oct. 1-8, 2023, that it might be impossible for you to do everything before it leaves town. But