As we look ahead to 2025, understanding real estate trends is key—especially for homeowners and potential buyers in Portsmouth, NH, and the New Hampshire Seacoast. Whether you’re considering buying or selling, staying informed can help you make confident decisions about your next move.
As we move into September, all eyes are on the Federal Reserve (the Fed), with widespread expectations that they’ll cut the Federal Funds Rate at their upcoming meeting. This is largely driven by recent signs of cooling inflation and a slowdown in the job market.
As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.
Do you know how much equity you have in your current home? Your equity is the difference between your current mortgage balance and the price your home would sell for in today’s market. Over the years you gain equity as you pay down your mortgage and home values rise. According to CoreLogic, the average homeowner […]
More than a third (38%) of builders say they built smaller homes in 2023
Two big factors are keeping such strong upward pressure on home prices. The first is how few homes are for sale right now.
Home prices are alive and well in Portsmouth, New Hampshire Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for 2023, home prices actually showed positive growth for the year. While this varies […]
The chart below shows the average sales price for both single-family homes and condos for 2023 compared to the previous two years. There were big jumps in both 2022 and 2023.
New Hampshire Home Price Projections for 2024
When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of those thoughts.
If you’re unsure about where home prices are heading, it’s understandable. Some folks, and a lot of news outlets, are saying that prices are going down, but the actual data tells a different story.
No homes for sale? Look again. If you’re looking to buy a home on the New Hampshire Seacoast you need to have the latest information on the housing market.
The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home.
The September market statistics are out for Portsmouth, New Hampshire. Read on to see the latest Portsmouth property trends. The average price for a Portsmouth single-family home in September was $628,156, that’s a 26.8% decrease from the same time period in 2022. The Portsmouth condo average was $$1,030,245, a 9.8% jump from September 2022. There […]
Experts Project Home Prices Over The Next 5 Years. What does that mean for you?
