To truly understand the Portsmouth, NH, real estate market, consulting trusted local experts like Jim Lee and Ann Cummings of RE/MAX Shoreline is crucial. Their in-depth knowledge and experience can shed light on critical factors beyond the median price.
Tag Archives: real estate in portsmouth nh
Portsmouth, NH Housing Market Forecast For The Second Half of 2023
Housing Market Forecast for the second half of 2023 We’re over halfway through 2023 now so let’s take a look at what’s happened in the first half of the year and make some predictions for what the Portsmouth, NH housing market for the rest of the year might look like. Home price Forecast for single-family […]
Portsmouth, NH Real Estate Market Statistics
NOW Is A Great Time To Sell Your House in Portsmouth, NH! Here’s Why
Is A Housing Crash Coming in 2023?
In the past year, uncertainty and speculation have surrounded the real estate market. Many housing experts predicted a home price crash in 2023, leaving people unsure about the housing market’s stability. However, recent data from Fannie Mae tells a different story. Contrary to the forecasts, there has been a slow but steady improvement in confidence […]
Forget The Median Price – It’s All About What You Can Afford
While the median price provides a quick snapshot of the market, it fails to capture the intricacies and nuances that can significantly impact your buying or selling decisions. Let’s delve deeper into the Portsmouth, NH, real estate market with insights from trusted local experts Jim Lee and Ann Cummings of RE/MAX Shoreline
Discover the Top 7 Reasons to Choose the New Hampshire Seacoast for Your Ideal Home
The Silver Lining for NH Seacoast Homebuyers in the Wake of Bank Collapses
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
NH Seacoast Sellers Need To Remember Two Things This Spring
Investing in Portsmouth, NH Real Estate
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 […]
Portsmouth, NH Real Estate Predictions for 2023
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 […]
Planning To Sell Your NH Seacoast House?
Portsmouth New Hampshire Real Estate Update November 2022
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 […]