New Hampshire ~ Where Have All the Buyers Gone?

By
Real Estate Agent with BHG The Masiello Group

winter new hampshire homes

 

 

 

BRRRR  - 

I know it is cold in Southern New Hampshire and we have had record amounts of snow!

BUYERS - COME ON OUT --There are a lot of opportunties throughout Southern New Hampshire

 

 NOW is a great time to get ready for the Spring Market in Southern New Hampshire!

    - The housing prices have come DOWN.

    - The housing inventory is UP.

   -  Sellers and buyers are working to make dreams come true.

   -  Mortgage rates are still historically LOW.

beach

   Just put on some warm clothes, grab a warm cup of coffee, tea or cocoa and call me to set up a time to have a friendly chat about the real estate market and how you can make your dream of home ownership a reality.

   Come and see what New Hampshire has to offer - from traditional new england homes to eco-friendly communities - there is a perfect home for you.

  Remember  ~  Spring is just around the Corner ~

  What is happening in your market area?

(c) 2008 Joan Whitebook   ~ JOAN WHITEBOOK

Disclaimer: Information herein may come from various sources, some of which may not be reliable and may change without any notice. Joan Whitebook does not guarantee or is any way responsible for the accuracy of the information in this blog and information provided is without warranties of any kind, either express or implied. Information on this blog represents the opinions and ideas of the author; comments by others may not express the views of the author.

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Topic:
Home Buying
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New Hampshire
Tags:
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buyer
buyer agent
southern new hampshire
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Show All Comments
Rainmaker
217,670
Joan Mirantz
Homequest Real Estate - Concord, NH
Realtor, GRI, CBR, SRES - Concord New Hampshire

Hi Joan,

I have a good feeling about February! I think the lower rates and chance of even lower plus the wealth of inventory will be irresistable!

Jan 21, 2008 07:20 PM #17
Rainmaker
89,047
Rick Kellow
Cherry Creek Mortgage - West Bend, WI
FHA & Reverse Mortgage Expert

Hello Joan,

We all need to work together to raise the level of professionalism... your blog is an excellent start thank you... the market is slowly improving but it will take some time yet... I wish you all the success in the world... stay positive... people love to work with positive pro's

Jan 21, 2008 07:36 PM #18
Rainmaker
1,056,735
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

 

Endea ~  I love "Buyers are hiding and Sellers are seeking!"  b I think that says it all.  Come out come out whereever you are! lol

Carole~  I can't blame people for wanting to stay in.  It has been a difficult winter.  My arms are ready to fall off from all of the shoveling.  The phones ARE starting to ring -- maybe someone will venture out.

Esko ~  glad to hear that things are stirring in Las Vegas.  I would think that when our New Hampshire residents return from Vegas, they will get lucky in New Hampshire.

Jan 21, 2008 07:57 PM #19
Rainmaker
1,056,735
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Laura~  I think that you have 2 good theories there... If I see anyone from Maryland around here, I'll send them your way.

Marti~  I think the New Hampshire citizens got spoiled the past couple of years because we haven't had so much snow!  I think we will have to lure them out with some good marketing -- I am going to your wonderful group to get some new ideas!

Michael~ It certainly is HOT in the south -- especially with all the politicans down your way.  Please send anyone you see from New Hampshire home -- there are some great opportunities here -- or if someone want to come from the south to enjoy the snow, have them dress warm and come for a visit.

Jan 21, 2008 08:04 PM #20
Rainmaker
1,056,735
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Mary~  great point -- if they buy an eco-friendly home, they can begin saving money right away!  It sure is cold in Michigan as well.  Hope you stay warm.

Debbie~  I didn't know it got THAT cold in Northern Virginia -- BRRR.  It is hard to handle the lock boxes when it is so cold.  I had a couple of those combo boxes freeze and I couldn't get them to open! 

Jay ~  I hope you cooked dinner for Moni ... or at least took her out to dinner! 

 

Jan 21, 2008 08:10 PM #21
Rainmaker
1,056,735
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Joan~  I have a good feeling about February too!  First, that is my birthday month -- Also it is valentines day.  Buyers will fall in love with all the homes they see!  Sellers will fall in love with the offers they receive -- everyone will win!

Rick~ I wrote this post because there has been so much negative press about the real estate market that simply is not true for many parts of the United States.  I want consumers to know that there are opportunities and that it is a good time to buy.  There is "safe" financing available-- and there are professiional real estate agents who can help consumers buy and sell homes.  Hope things are going well in Wisconsin.

Jan 21, 2008 08:16 PM #22
Ambassador
1,846,464
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut - Middletown, CT
Your Connecticut Mortgage Expert

Joan this is a great time to buy.  Prices are holding and interest rates were 5.75% today.  People need to take advantage of this now, because it might not be this good tomorrow. 

Jan 22, 2008 06:09 PM #23
Rainmaker
1,056,735
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services
George~  I thank you for your comments.  It is true that interest rates are very good!  It is difficult to know what tomorrow will bring.  We have had a very solid market in New Hampshire.  Although, the market has slowed and there is more inventory - I think that we have had a "healthy correction".  I hope the press will be a bit more balanced in their reporting--
Jan 22, 2008 08:13 PM #24
Rainer
127,464
Stefan Scholl
Buyer's Broker of Northern Michigan, LLC - Petoskey, MI
Northern Michigan Real Estate

Joan,

This is a great time to be a buyer.  Great selection, ample supply, little competition from other buyers, lower prices, lower mortgage rates, greater affordability.  Maybe we will see a little more activity when we thaw out a bit!

Jan 31, 2008 11:00 AM #25
Anonymous
Anonymous
Anonymous
Joan, my personal observation and in speaking with realtors is that our market is almost non-existent here.  However, there is someone who blogs here in AR that says the 07 market was the 5th highest in the history of home selling in this country.  He cited an article by NAR.  Hmmmmmm, I'd have to challenge that one.
Jan 31, 2008 09:35 PM #26
Rainmaker
412,298
Mesa, Arizona Real Estate Mesa Arizona Realtor
Teri Ellis at Homes Arizona Real Estate LLC - Mesa, AZ

Joan, good localism post. We are actually in a great buyer's market, and it looks great for 2008!!!

Pepper

Feb 02, 2008 10:18 PM #27
Rainmaker
1,056,735
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Teri ~ thank for the comments.  It actually has picked up a lot and I have ended up having a busy couple of weeks.  I am very optimistic about the 2008 market.  There are some wonderful opportunities.  It should be a win/win for both buyers and sellers.

Feb 03, 2008 04:54 PM #28
Rainmaker
260,029
Chuck Willman
Gentry Realty - Mesa, AZ
Realtor - Arizona - 480.292.0600
Our buying market is warming up also... the prices are hard to pass up.
Feb 10, 2008 12:09 AM #29
Rainmaker
1,056,735
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services
Chuck ~  The buyers are coming out from under the snow drifts and things have gotten busy of late.  Everyone is much more optimistic than they were just a couple of weeks ago.  I think the savvy buyers are finding out that it can be a very good time to buy.
Feb 10, 2008 03:39 PM #30
Rainmaker
750,990
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor Based in Jax Beach, FL
NE FL is picking up - I'm seeing some quick moving listings these days, which is always good.
Feb 20, 2008 01:35 PM #31
Rainmaker
605,794
Sharon Simms
Coastal Properties Group International - Saint Petersburg, FL
St. Pete FL - CRS CIPS CLHMS RSPS
Hi, Joan - I hear you've had enough snow that roofs are caving in! My husband (in a prior life) owned property and lived in Sunapee, NH - we have a daughter living there now. We don't get back there very often, but it certainly isn't in snow time.
Mar 10, 2008 10:50 PM #32
Ambassador
1,108,336
Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Realtor - Atlanta Real Estate
Wow!  I forget about up North!  I hear the winter is still raging up there!
Mar 10, 2008 10:52 PM #33
Rainer
66,710
Darleen McCullen
Raleigh, NC
Broker - Raleigh, NC Real Estate
Joan, the buyers are out there - we just have to educate them that now is an excellent time to buy. I'm in the Raleigh, NC area, and the market is still good. If only we could get the Buyers to stop watching the national news...
Mar 10, 2008 10:53 PM #34
Rainmaker
1,056,735
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Carol - From reading your recent blog it looks like things are improving in your area.  We have seen things change in the last couple of weeks in New Hampshire as well.  Let's keep our fingers crossed.

Sharon ~ I am ready to move to Florida in the winters.  Our roof is holding up, but I am not sure about my arms -- I have never seen so much snow.  We certainly didn't have to shovel snow in San Francisco.  I had no idea that you have connections to New Hampshire.  I have met several people on Active Rain who have family in this state.  I enjoy your blogs -- and if you do get this way (perhaps for leaf peaping), be sure and let me know.

Mar 10, 2008 11:00 PM #35
Rainmaker
1,056,735
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Jim ~  Don't rub it in!  (lol)  Yes, it is still winter in New Hampshire -- it is a balmy 25 degrees  (brrr), but the sun was out today and some of the snow is melting.  I must admit, it has been a long winter.  The Buyers have come out of their igloos -- and I am cautiously optimistic that this is going to be a busy spring.

Darlene~  We certainly don't have the same markets everywhere in the U.S.  That is great that Raleigh is doing so well.  The current economic report/housing report for New Hampshire was much better than the rest of the nation.  It is very confusing when the media keeps reporting on all othe worse case senarios.  Perhaps, the news will start to reflect more regional trends -- but unfortunately, it is not as exciting for the reporters. 

Mar 10, 2008 11:05 PM #36
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Rainmaker
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Joan Whitebook

Consumer Focused Real Estate Services
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