I am very excited about 2010. It is going to be a great year!
I have some market information relative to New Hampshire only. I am hoping that this information will be interesting for my NH readers.
New Hampshire Association of Realtors reported in December that November residential home sales were up by 70% (units sold) compared to November, 2008. This percentage represents 1,141 houses sold this past November ('09) versus the 673 houses sold the previous year same month.
Based on the NHAR article the statewide numbers trickled down to each county with data indicating double digit unit sales increases. Highlighted in the article was Hillsborough county with a 61% increase.
The November numbers drove up overall numbers for the year. New Hampshire experienced a 5% increase in units sold in 2009 overall compared to 11 months in 2008.
We are still waiting for December numbers but if all remains the same or better, we are looking at the signs that the market is looking its strongest since 2004.
I think we can all agree that this was good new.
Thanks for reading!
For the complete article click on this link: http://usmfiles.s3.amazonaws.com/phpjHuqvK/PR%20November%202009.pdf
Showing posts with label real estate market. Show all posts
Showing posts with label real estate market. Show all posts
Tuesday, January 5, 2010
Thursday, December 17, 2009
Excited to be Blogging for the First Time!
Hello and Happy Holidays!
I am a newbie to blogging so please bare with me. Over the past few months I have been wondering how I can share my passion with others in a helpful manner globally. Well, the answer finally came to me...by blogging.
What's my passion...assisting others with their real estate needs. I enjoy providing buyers and sellers with the answers they need to assist them in making the decisions that are right for them and their families.
With my first post I would like to share with you a survey conducted by Coldwell Banker.
As you all may know by now, the first-time home buyer tax credit has been extended through April 30, 2010 and along with that extension a $6,500 tax credit will be offered to current home owners wanting to purchase a new property. Coldwell Banker surveyed 1,000 homeowners in an effort to determine how these tax credits might impact the economy. Based on the survey results 83% responded that the tax credit would assist in paying off debts (34%), home improvements (29%) and savings (28%).
Coldwell Banker's survey also found that 20% of homeowners are more likely to consider purchasing a home today than they were six months ago. This as a result of the $6,500 tax credit.
Recently, the National Association of Realtors reported that 47% of the 2009 home sales were to first-time home buyers. I am sure you will all agree that the additional tax credit to current homeowners will help stimulate the economy.
I am a newbie to blogging so please bare with me. Over the past few months I have been wondering how I can share my passion with others in a helpful manner globally. Well, the answer finally came to me...by blogging.
What's my passion...assisting others with their real estate needs. I enjoy providing buyers and sellers with the answers they need to assist them in making the decisions that are right for them and their families.
With my first post I would like to share with you a survey conducted by Coldwell Banker.
As you all may know by now, the first-time home buyer tax credit has been extended through April 30, 2010 and along with that extension a $6,500 tax credit will be offered to current home owners wanting to purchase a new property. Coldwell Banker surveyed 1,000 homeowners in an effort to determine how these tax credits might impact the economy. Based on the survey results 83% responded that the tax credit would assist in paying off debts (34%), home improvements (29%) and savings (28%).
Coldwell Banker's survey also found that 20% of homeowners are more likely to consider purchasing a home today than they were six months ago. This as a result of the $6,500 tax credit.
Recently, the National Association of Realtors reported that 47% of the 2009 home sales were to first-time home buyers. I am sure you will all agree that the additional tax credit to current homeowners will help stimulate the economy.
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