Southern NH a Frightful Real Estate Year…

December 24, 2008 by Monika McGillicuddy  
Filed under Blog, featured

I’m ready to say goodbye…without a doubt 2008 has been a frightful real estate year for many folks.

The New Hampshire real estate market saw an increase in foreclosures which helped drive the market prices even lower.

Many home owners couldn’t compete with the Bank owned homes and the days on the market increased dramatically. A storm brewed and simmered in New Hampshire and agents started to leave the business or take part time jobs just to help put food on the table.

Yes, 2008 has been a frightful real estate year and while many in New Hampshire suffered many others thrived.

Investors saw a Golden plum and started picking! Some home-buyers followed suit realizing that now is indeed the time to buy!

Even a recent NY Times article summed it up nicely. The article starts with these profound words.. “Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rear view mirror and realize that we missed a golden age for first-time home buyers.”

Don’t be one of those who look back and realize they missed a golden opportunity! Inventory is plentiful and homes prices are excellent all creating a perfect storm for home buyers.

Call us we’d love to be the REALTORS® that help you put the pieces to the puzzle together and get you in a home of your own in 2009.

If you’re thinking about selling your southern NH home, please give us a call and let us show you our Unique Market Advantage Plan designed especially for our clients. Our custom plan will guide you through the process of selling your home from start to finish. It would be our honor….Jay and Monika at 603-548-7728

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