The collapse of these banks and the subsequent rapid drop in interest rates have led to a decrease in mortgage rates, as they typically align with the 10-year treasury. We’re now seeing mortgage rates below 6%—a significant reduction that could save you over $200 a month on the average home in the NH Seacoast
A lot has changed over the past year, and you might wonder what’s in store for the NH Seacoast spring housing market.
One Major Benefit of Investing in Portsmouth, NH real estate One of the many reasons to invest in a Portsmouth, NH, home is that it’s a significant way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you […]
Now that 2022 is over, we can look at the past year’s real estate activity and predict what 2023 might look like The chart below shows single-family home sales in Portsmouth for 2022. The median price ended at $730,000, an 8.2% drop from 2021. On the other hand, Portsmouth condos enjoyed a sizable increase in […]
Bottom Line
Don’t go at it alone. If you’re planning to sell your house this winter, let’s connect so you have an expert by your side to guide you in today’s market.
Here is the Portsmouth, New Hampshire Real Estate Update for November 2022. Let’s take an in-depth look at the numbers and what they mean. The chart above is an overall look at the single-family home statistics. The median sales price is up almost 20% to $750,000. 157 sales year to date, and as the line […]
The truth is many buyers want to purchase a home for the holidays, and your house might be just what they’re looking for. Here are five great reasons you shouldn’t wait to sell your house.
August 2022 Real Estate Report, Portsmouth, New Hampshire
The August median sales price for a Portsmouth home was $750,000, up 21% from the same month in 2021.
Expert Housing Market Forecasts for the Second Half of the Year The housing market is at a turning point. If you’re considering buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help put the puzzle pieces in place for you, […]
Key Points: When it comes to selling your home, staging is the easiest way to make a great first impression both online and during an in-person tour. Focusing on the smaller touches can really impress buyers—and lighting is an important detail you should never overlook. Looking for more easy tips to transform your home and […]
Key Takeaways: As mortgage rates continue hovering near historic lows, many potential buyers are eager to make a move—but it can be hard to know which type of loan is best. There are dozens of different mortgage options available today, and some even have low down payment or credit score requirements. This can help a […]
Key Points: Even in the middle of a pandemic, today’s homeowners are looking to make their spaces more conducive to entertaining. Certain upgrades—especially those in the entryway, kitchen, and backyard—have the potential to boost your home’s resale value. And best of all, your guests will love them just as much as you do! These projects […]
This year has been difficult for just about everyone, but if you were (or still are) thinking about buying a home in 2020, you might be feeling more than a little overwhelmed. An ongoing pandemic, the subsequent recession, and general uncertainty have forced many house-hunters to put their real estate dreams on hold. However, despite […]
To say that 2020 has been a bit of a whirlwind would be an understatement. And as we get closer to the end of the year, many buyers and sellers are wondering if it makes financial sense to enter the market. Although the warmer months are typically considered the best time to move, buyer demand […]
Receiving your first offer is one of the most exciting parts of selling your home. And while it might seem like the hard work is finally over, the negotiation process is actually just getting started. Even in a seller’s market, negotiating with a buyer can require quite a bit of time, skill, and guidance from […]
