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.
Time to get out the Ann & Jim real estate crystal ball again and see what the local future holds for Portsmouth and the New Hampshire Seacoast.
Selling your home in Portsmouth, NH, and the New Hampshire Seacoast doesn’t have to be overwhelming. By focusing on these top 10 priorities and working with experienced agents like Jim Lee and Ann Cummings with RE/MAX Shoreline, you can confidently navigate the process and achieve a successful sale.
Key Facts: Learn how upgrading to LED lighting and smart thermostats can significantly reduce energy usage and lower utility bills. Discover how smart appliances and window coverings can improve convenience and control over your home’s environment. Explore how sustainable landscaping and water-saving fixtures not only save money but also add to your home’s market appeal […]
There’s no denying mortgage rates are having a big impact on today’s housing market. And that may leave you with some questions about whether it still makes sense to sell your house and make a move.
You need a REALTOR® on your side for your next real estate transaction, whether you’re selling, buying, or both. Here are 5 of the top reasons REALTORS have local market knowledge Realtors have access to a wealth of information about the local real estate market, including recent sales data, pricing trends, and neighborhood insights. This […]
Navigating the world of real estate can be daunting, especially with the industry-specific jargon used by professionals. Whether you are looking to buy or sell a home, understanding common real estate terms is essential. As your dedicated real estate experts, we’re here to break down the most important terms you’ll encounter, ensuring you’re well-prepared for […]
Price history To look at the history of single-family home sales in Portsmouth, New Hampshire I went back 19 years to get a good timeline of what’s been happening with prices. The chart above represents the median sales price of single-family Portsmouth homes from January 2005 through February 2024. The median price means that half […]
We hear questions like this one often these days.
“I’m thinking of selling my home in Portsmouth but the value has increased substantially since we bought it. Will we have to pay a lot of taxes if we sell?”
What Are Some Things My Buyer’s Agent Can Do For Me?
Glad you asked, here are just a few from a very long list:
If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make payments on time, pay back debts, and more. Your credit score can also help determine your mortgage rate.
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.
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.
