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Monthly Archive for July, 2010
Lovely antique cape with 4 acres of open land, another 17 acres of forest, plus a 6 stall horse barn and 1,800 ft. of Blackwater River frontage. Visit www.67PancakeRd.com for more photos and details.
One of the things which has the most impact on our market is what is going on in states from which many of our buyers come. That’s why it was exciting to see a couple of articles in RISMedia at the end of June which was reporting increased sales of single-family homes in Connecticut and Massachusetts. These sales were up about 39% in Connecticut and about 37% in Massachusetts in May 2010. As reported in one of the articles, this was “…the sharpest increase in sales year-over-year for the month of May in more than two decades…” from the latest report by The Warren Group, publisher of The Commercial Record. Some of this increase was certainly attributable to the First Time Home Buyer Tax Credit, but the Warren Report also expressed the opinion that pent-up demand from buyers who had been delaying buying a home because of concerns about the economy or job security had also added to the surge.
A good number of the buyers in our area-for retirement, vacation, or even relocation-do come from Connecticut and Massachusetts. This news would indicate that these buyers may be feeling more confident about pursuing purchases in New Hampshire and that will be good news for sellers.
Source of Information: a Regional Spotlight article posted in RISMEDIA,
June 30, 2010 and June 25, 2010
Search no longer! Sunny, 4 bedroom, 3.5 bath colonial has attached garage with terrific office/in-law space above. Charmingly renovated with updated systems. Call for details 603-526-4116.
As reported in RISMEDIA, pending home sales have risen for three consecutive months. According to the National Association of REALTORS, this trend reflects the broad impact of the home buyer tax credit and favorable housing affordability conditions.
Nationally, the Pending Home Sales Index (PHSI), a forward-looking indicator, rose 6.0% to 110.9 based on contracts signed in April, from an upwardly revised 104.6 in March, and is 22.4% higher than April 2009 when it was 90.6. That follows gains of 7.1% in March and 8.3% in February. The PHSI in the Northeast jumped 29.5% to 97.9 in April and is 24.5% above a year ago.
Pending home sales are at the highest level since last October when the index reached 112.4 and first-time buyers were rushing to beat the initial deadline for the tax credit. The data reflects contracts and not closings, which usually occur with a lag time of one or two months.
Lawrence Yun, NAR chief economist, said this second round of surging sales from the tax credit extension looks as strong as the original tax credit. “There were concerns that only a small pool of buyers were left to take advantage of the tax credit extension. But evidently the tax stimulus, combined with improved consumer confidence and low mortgage interest rates, are contributing to surging sales,” he said. “The housing market has to get back on its own feet and now appears to be in a good position to return to sustainable levels even without government stimulus, provided the economy continues to add jobs.” NAR expects a net of 1 million additional jobs in the second half of this year and about 2 million in 2011.
“The home buyer tax credit brought close to 1 million additional buyers into the market, which is now helping the trade-up market and has significantly improved the inventory situation. This stabilized home prices more quickly and has preserved about $900 billion in home equity; in turn, that is keeping additional households from going underwater and risking foreclosure,” Yun said.
Source: RISMEDIA, June 7, 2010

Enjoy one floor living in this spacious, 3,300+ sq. ft. ranch on 2.26 acres. Sunny and light with pleasant views. Close to schools and shopping. Visit www.131RowellHillRd.com for more photos and details.
You’ll want to pack your clothes and move in once you see this attractive cape in Wilmot on 28+ acres. Views of Mt. Kearsarge, nicely landscaped. For more photos and details, visit www.287CampgroundRd.com.

The crews start the day harvesting zucchini, followed by lettuces, mesclun salad mix, flowers and herbs. Then we tackle the root crops: carrots, radishes, beets. We load up baskets with beans, swiss chard, peppers, arugula and spinach. Next on the list are tomatoes, raspberries, eggplants and kohlrabi. Potatoes and blueberries are picked mid-day and then its time to plant, weed, hoe and care for tomorrow’s crops.








