Why Pay Rent – You Can Afford to Own This!

If you are looking for a good home at a good value, then give this one a look.  Small but practical, its move-in ready.  Offering an efficiently designed eat-in kitchen with a back pantry/laundry room, a sunny living room and newly carpeted floors.  A large basement provides great storage and you also can enjoy the convenience of a 2 car garage.  Close to Exit 10, I-89, this location is perfect for going north or south.  Wood in the back and small lawn around the house – yard work is a breeze.  Stop paying rent and begin home ownership here!  Offered at $168,000.  For more information and photos, visit www.RanchinNH.com.

MlodzianoskiBestDonna Forest, Listing Broker, 603-526-4116

Teamwork from the Team that works – Coldwell Banker Milestone Real Estate.

Waiting to Buy Could Cost You

HR.Donna_3144CroppedIf you’ve been on the fence about buying your first house or moving up to a larger one, waiting until next year may ultimately mean more money out of your pocket. Why? Not only are home prices rising, the interest rate you pay on a mortgage is also expected to increase. The higher the rate, the greater the payment will be.  Let’s look at an example of how this impacts a mortgage payment. Say you found your dream home today and are getting a loan for $250,000. Current mortgage rates are around 4% so the monthly payment is $1194 (principal and interest only). By this time next year, rates are projected to increase to around 5% and home prices are also expected to increase about 4.3%.   To buy that same house, you now are getting a loan for $260,750 and the monthly payment is $1400. The difference in payment is $206 more a month! Over the course of a year, that is $2472. Hmm, I’m sure you could think of plenty of things to do with that kind of extra money! Bottom line, if you seriously want to buy, waiting until next year does not make sense. Contact me if you want to take advantage of today’s rates and pricing to find your new home.  www.donnaforest.com, donna@donnaforest.com, 603-526-4116.

Real estate markets are local, and we have the real scoop on ours. Coldwell Banker Milestone Real Estate

Looking for a Home with Great Views?

In the country, yet just on the edges of town, this contemporary deck home offers southwestern exposure with 180 degree views including Mt. Sunapee, Mt. Kearsarge, the Village of New London and a solid glimpse of Pleasant Lake.  Beautifully crafted with maple, mahogany and cedar, and gracious open and light-filled spaces.  Master bedroom with private bath and walk-in closet on the main living level.  Abuts a large conservation area with many trails for hiking.  A very exciting opportunity!  Offered at $539,000.  For more photos and details, visit www.PanoramicNHViews.com

LloydMarilyn Kidder, Listing Broker, 603-526-4116

“Word of Mouth” is the best advertisement, and we love it when you refer your friends and family to Coldwell Banker Milestone Real Estate.

Happenings at Mt. Sunapee

Mt. Sunapee logo2You have until this Sunday, 8/9, to visit Mt. Sunapee Resort and view the annual League of NH Craftsmen’s Fair.  The Fair showcases the work of more than 350 craftspeople’s items made by hand. It’s the place to see an incredible variety of beautiful, one-of-a-kind craft items that are functional, decorative, and built to last.

And don’t forget the Adventure Park at South Peak!  You’ll find disc golf, mini-golf, guided canopy tours, an aerial challenge course and more!

Visit their web site and come enjoy the local fun, www.mtsunapee.com

You’ll be moving in the right direction with Coldwell Banker Milestone Real Estate.

Looking for a Fixer Upper?

This is a must see for the handy person!  Adorable farmhouse with loads of potential.  Currently a 3 bedroom, 1 bath home with a future master suite which has been partially started and features a bathroom plumbed in.  Huge workshop with wood stove provides a great opportunity to work at home.  Beautiful, mostly open lot with seasonal local views.  Many established gardens.  Convenient access to Route 11 for an easy commute to New London, Concord or the Upper Valley.  Offered at $149,900.  For more photos and details, visit http://tour.circlepix.com/home/6A7KAX.

Kiedaisch2Anne Marie Appel, Listing Agent, 603-526-4116

Teamwork from the Team that works – Coldwell Banker Milestone Real Estate.

Want to Buy a Vacation Home?

Here are some tips to help you buy that get-away you’ve always dreamed about!

  1. Research the area to see how it matches your wish list. Make a scouting trip first before even going out to look at properties.
  2. Hire a local agent who is familiar with and has worked in the area for a number of years.
  3. Buy something convenient to your primary home. You will end up using it more often.
  4. Consider a location offering both summer and winter recreation, even if you only plan on using it for one of the seasons. This helps maintain the value and provides a greater range of buyers if you need to sell at some point.
  5. Pencil out your finances before making the offer. Factor in all the costs of ownership including plowing, insurance, dues, maintenance, utility bills, etc.
  6. Know how you will pay for the home. If you need a loan, working with a local lender will make the sale go more smoothly.

If you are looking for a REALTOR® with 20 years experience in the vacation home market and who has tons of practical advice, please contact me.  603-526-4116, donna@donnaforest.com, www.donnaforest.com

Donna and Maxi 044Donna Forest, Broker Associate, ABR

Real estate markets are local, and we have the real scoop on ours. Coldwell Banker Milestone Real Estate

The Only Lyon Brook Condo Unit Currently Available!

Don’t miss out on this opportunity to own at Lyon Brook in New London, NH.  Sunny, first floor 2 bedroom condominium with southern exposure has been recently carpeted and painted.  Enjoy sitting on the patio breathing in the fresh air.  Close to community dining and all activities.  Monthly association fee includes heat, cable, hot water, plowing, sewer, landscaping, trash removal, water and local transportation.  Offered at $149,000.  For more photos and details, visit http://tour.circlepix.com/home/8FZJVL  Schedule your showing today!

MoonstoneSummerEmily Campbell, Listing Agent, 603-526-4116

“Word of Mouth” is the best advertisement, and we love it when you refer your friends and family to Coldwell Banker Milestone Real Estate.

New Listing – Stately Colonial in New London, NH

Meticulously maintained, stately colonial with many period details, terrific curb appeal and wonderful, easy living.  Recently renovated master bedroom suite that exudes comfort and relaxation, two additional bedrooms, inviting living room with fireplace and a large upholstered window seat facing rock walls and established gardens.  Dining room with pellet stove inserted into fireplace, built-in china cabinet and access to a screened porch.  Den, office and many delightful features make this a one of a kind offering.  Sit on the screened porch and listen to the loons fly overhead from Otter Pond to Lake Sunapee.  Relax, you’re home!  Offered at $585,000.  For more photos and details, visit www.NHEasyCountryLiving.com.

Brennan-ExteriorBestEmily Campbell, Listing Agent, 603-526-4116

You’ll be moving in the right direction with Coldwell Banker Milestone Real Estate.

New London Weekend Happenings!

strawberriesGet your friends and family and meet at the Town Green for the first annual Strawberry Festival, June 27 and 28.  The Center for the Arts will also present the annual Arts on the Green on Saturday with fine art, music, vendors and activities for kids.

Then Sunday the 28th, more fun can be had at the New London Historical Society, Little Sunapee Road where there will be crafts, games, alpaca visits and strawberry ice cream tasting!  Ride a horse drawn buggy to Spring Ledge Farm and experience the past and present.

There’s lots to do in the Lake Sunapee Region of New Hampshire – click here for more area events!

Real estate markets are local, and we have the real scoop on ours. Coldwell Banker Milestone Real Estate

Housing Sales are Up!

Donna and Maxi 044Despite our tough winter, home sales are up 28% in the 10 local towns in the first 5 months as compared to the same time in 2014. The average days on market is 169 days and statewide, the median price is up 7% from last year. While our data shows a 5% increase, I believe some of that can be attributed to the higher number of lake sales with 2 sales at $2M+. Nonetheless, it’s encouraging to finally see upward movement in our market.

Newbury – 64 Currently for Sale

1/1 -6/1/14                           6 Solds                  140 Days on Market (DOM)

1/1-6/1/15                            17 Solds                 230 DOM

New London – 81 Currently for Sale

1/1 -6/1/14                           26 Solds                 169 DOM

1/1-6/1/15                            20 Solds                 109 DOM

Sunapee – 68 Currently for Sale

1/1 -6/1/14                           13 Solds                 182 DOM

1/1-6/1/15                            13 Solds                 88 DOM

A recent Pulsenomics survey of housing experts predicts US home values to level off in the next few years with a 4.3% rise in 2015 and an average annual growth rate through 2019 of 3.6%.   In other words, buyers, it’s time to get off the fence if you are thinking about buying as home prices and interest rates are predicted to only go up. If you are looking to buy or sell, contact me to work with a local expert!  603-526-4116, donna@donnaforest.com, www.donnaforest.com

Figures are based on information from the Northern New England Real Estate Network, Inc. for the period 1/1/14 thru 6/1/14 and 1/1/15 thru 6/1/15.

Known for service, trusted for results – Coldwell Banker Milestone Real Estate.