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Londonderry, NH Real Estate News

By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Londonderry New Hampshire Real Estate Market Report December 2009 for Single Family Homes In the 4th quarter of 2009 there were 32 homes that closed in Londonderry New Hampshire. This is a increase of 3 homes, as there were 29 homes that closed in the 4th quarter of 2008. The Average list price for the homes that closed in Londonderry for the 4th quarter of 2009 was $264,910. The Average list price for the homes that closed in Londonderry for the 4th quarter of 2008 was $299,000. The Average sale price for the homes that closed in Londonderry for the 4th quarter of 2009 was $253,000. The Average sale price for the homes that closed in Londonderry for the 4th quarter of 2008 was $267,000. The Average Market time for the homes that closed in Londonderry in the 4th quarter of 2009 was 74 d...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
As we enter the Fall market and head into the final stretch of the2009 Real Estate year I decided that it would be a good idea to lookat the Absorption Rate for Londonderry in three categories. The first  isto see what is the Towns overall absorption rate (for an explanationof absorption rates go to www.chris-bonta.com)  is, second I wanted tosee the rate for Residential only and third to look at the rate forCondominiums. Although news regarding real estate has been more positive lately, ourmarket continues to be weak,  a good indicator of this is the factthat appraisers still consider Rockingham County to be in a decliningvalue state. In calculating the absorption rate for  Londonderry I  lookedat properties between $50,000 up to $600,000, and what I found isthat the Towns market conti...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Londonderry,  New Hampshire MLS Map Search Working with industry professionals that provide accurate information and proper advice facilitates the home buying process.  Recommended professionals include mortgage lenders, Realtors, attorneys, home inspectors and accountants. If you are a first-time home buyer, you may qualify for a tax credit ($8000 in 2009) and could be eligible for special financing programs. Once you determine the price range, style, and personal criteria the property search begins.  Virtual Homes NH MLS map search is a great tool that provides mapping of all properties in the MLS.  Search by location, neighborhood and commuting options. For a map based search of all properties listed in the NH MLS go to Londonderry NH MLS Map Search The Virtual Homes MLS Map Search p...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
     The Tupelo House In Londonderry Located on the Corner of Crosby and Young Rd. You can find  Comedy Shows, Live Music and more here, all at reasonable prices and close to rrestaurants.     Londonderry's newest Fire Station is located just south of the Center of Town   St. Peter's Episcopal Church is just one of many Church's represented within the Town of Londonderry.  For more information regarding living in Londonderry, just call me at 603-571-1466. I would love to discuss with you Life In Londonderry and also the other surroundings Towns in Southern New Hampshire.  
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
The 1st quarter has ended for Londonderry and it is time to see where the Town stands. At the end of 2008 Londonderry's absorption rate was 7.19 months, which means that it would take the market 7.19 months to absorb the current inventory on the market. As I have stated in previous posts, when the absorption rate is above 6 months the market is considered to be a Buyer's Market. The end of year absorption rate showed that Londonderry was firmly in the grips of the Buyer's market and even though the Town fared better than their neighbors or the County the market for Sellers was not good. Now that the 1st quarter has ended, the newest numbers show that the Town has slightly moved even more into a Buyer's Market. The Towns absorption rate is now at 7.68 months. As I've spoken about in past...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
As my generation age's( The Baby Boomers) we have not only had to deal with our own issues like retirement, putting our kids through college and even raising our younger children etc., we have also had to start dealing with the issue of our elderly parents. Unlike past generations, our parents are living a longer life and not all of them are living a high quality of life. We see ads in newspapers, magazines and on television about older people living life like they were in their 20's or 30's, doing all sorts of fun things. The fact is though that for many Baby Boomers, our parents are getting older, they have begun to need our assistance and we are increasingly becoming the Caregiver/Parent to our Parent(s). There are many "active" Communities for our parents to move to, but these facil...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Londonderry, New Hampshire Active Adult Communities Londonderry New Hampshire is located in south-central New Hampshire just 12 miles north of the Massachusetts border. With easy access to shopping, restaurants, a wonderful school system, beautiful rolling country hills of apple orchards and many area golf courses, Londonderry has remained a very desirable New England town. Convenient to just about anywhere, Londonderry offers close proximity to Nashua, Manchester and Salem. Easy access to both Routes 3 and 93 allow for less than a hours drive to Boston, MA the New Hampshire seacoast and the New Hampshire Lakes Region. Many styles of adult community condominiums are available for sale in Londonderry including garden style condos, multi floor townhouse and detached single family style ho...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
In life no one makes you feel as guilty as children do and if your a parent you know what I mean. You may do things that bother your spouse, girlfriend/boyfriend, friends and even your parents, but nothing compares to doing something that brings that guilty feeling out when it pertains to your kids. The other day I was reminded very strongly, by my 8 year old just how much power my kids wheel over me. The morning started out just like any other morning, with Mom and Dad  helping the kids get off to school. As I was walking my son to the top of our driveway, so he could waite for the bus, he suddenly remembered that I had not packed him his snack. I was going to rush back in and grab him something, but his bus was already coming up the road. I told him that it would be okay to go to scho...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
Here are a few more pictures of our wonderful Town, hope you like them:                                                                                                        Londonderry Presbyterian Church at the Corner of Pillsbury and Mammoth Rd Historic Old Grange House which is on the National Registry of Historic Landmarks   I hope you enjoyed looking at some scenes of Winter In Londonderry NH. If you are considering moving to any of the Towns in Southern NH then give me a call, I would love to show you around our area.    
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
  Londonderry and the surrounding Towns of Southern New Hampshire attract a lot of people due to their convenient location to Boston MA and the White Mountains of Northern NH. I decided to start my photo gallary with winter pictures of some scenes of Londonderry. As you can see there is beauty, and a lot of New England Charm in these photos :  Old Farm House On Mamouth Road Civil War Monument in the Center of Town                                                            Presbyterian Church In Town Center If you are thinking of moving to Londonderry or any of the surrounding Towns of Southern New Hampshire, then give me a call. As a Realtor in the business for over 10 years, I will bring my expertise and knowledge to your home finding experience. Purchasing your home will be one of the...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
Once again the Town of Londonderry can be proud of its school system and especially the man who is leading it Nate Greenberg. It appears that our very own Superintendent of Schools Nathan Greenberg has been named Superintendent of the year. Once a year the State reviews its school systems and the people running them and then it awards the Honor of Superintendent of the year to the person who has exibited the best qualities for running a district. This year Nathan Greenberg received this honor and this caps of a year where Londonderry High School was named best in the State! Once again the Town of Londonderry has something to be proud of, as the school system once again shows its excellence in education and the high quality of its teachers and administrative leaders. If you are thinking ...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
Well it's Monday morning and my family has survived the 3rd storm of the year, and it only turned Winter yesterday!! It is hard to believe that we are so close to Christmas and Hanukkah, where did the year go (that's another post). With the holiday's upon us, it's time to wish one and all the very best. This is the time of year to celebrate and it doesn't matter what religion you belong to, this time of year is special to many faiths. I want to wish everyone on AR the very best for this time of year and may your celebrations be Merry and full of Good Cheer. Happy Holidays, Chris Bonta
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
Thanksgiving is that time of year for me to reflect what I am most thankful for.  The Pilgrims celebrated the first Thanksgiving to give thanks for the bounty they had harvested and as a way their community to come together. Today we come together as family and friends to celebrate this tradition, so in this spirit here is what I am thankful for: 1) I have a wonderful wife, three boys, my mother and two dogs living with me in a nice house in a wonderful neighborhood. 2) We all have our health. 3) We have great friends who we care about and who care about us. 4) I love my job and enjoy helping people. 5) I've reconnected with a nephew I lost contact with and he is over my house for this Thanksgiving. 6) I'm almost 46 and still have all my own hair!!   There are more things that I could p...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
When you decide to purchase a property one of the last things you think about is signing a Contract with a Realtor to assist you in your property search, the fact is it should be your first thought. When making the decision to buy, you need someone with experience with Writing up a Contract, Determining Property Value, Negotiating the Contract, assisting you with the Home Inspection and many, many other things that will come up. The idea of going it alone and purchasing a property with out the assistance of a Realtor that you have hired to represent you can be very costly to you in the long run. If you decide to "just use any Realtor" to show you property, you are not getting any Fiduciary Representation from them, in short they don't work for you or your interests. The Agent who is wor...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
We probably will be hit with a lot of posts today about voting and even for who we should vote for. I am not a supporter of trying to force anyone to vote for one side or not, but I am a supporter of voting. Year in and year out I hear all the people I know, see on TV, radio and the Internet complain about how our Country is being run or not run. The problem I have with this is that over 70% of America fails to vote when its an election year, even on local levels turn out for a Town election is horrible! Apathy is one of the great banes that hangs over America's head and I am hoping that this year will be different. I intend on going out to vote in about 1 hour and I will be taking my 73 yr old mother, who is not in the best health, with me, she would not miss voting for any reason sinc...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
It's 9:45 and my family and I just got back from our very first Londonderry Lancer Football Game, I know its virtually the end of the season. My kids ages 13,12 and 7 have not been very interested in going to any game and my wife and I haven't been to a High School game since we were in High School ourselves. I have to admit that the experience was fantastic, our neighbors son Thomas is a Senior and this was his last regular season game. Thomas invited the boys and this time they said it would great to go. The weather was perfect, clear night sky and very cold just like it should be for a football game. We all got to see the Londonderry Marching band and I have to say they were fantastic, we were all very impressed. The Lancers won their game 40 to 6 ( they played the North Nashua Titan...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
This week the Town of Londonderry has launched their new web site bringing the Town into the 21st century. This new web site is great with a welcome center and an introduction to the Town by its Town Manager David Caron. It also supplies links for Community Service information, information about our Schools and even our Economic Developement. I am very pleased with the new site, as should any member of our Town. This web site is a great way to introduce Londonderry to anyone who wishs to move here. If you are interested in checking the site or would like to get more information about our town you can click on the link www.londonderrynh.org  and check out all that our Town has to offer!
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
A few months ago I posted a blog regarding the absorption rate for the Town of Londonderry and I stated that through June Londonderry had an absorption rate of 6.5 months.  This meant that Londonderry properties for sale were seeing an average market time of 6.5 months and based on historical statistics an absorption rate of approximately 6 months is not considered to be bad. When a market is in a "Sellers Market" the absorption rate is below 6 months, somewhere around 2-3 months is a strong Sellers Market. If we are above the 6 month mark, then the market is considered to be in a "Buyers Market". Although Londonderry's current absorption rate is above the magic 6 month mark (currently holding at 6.6) it remains steady and has not moved higher up. This is continued good news for Londond...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
Londonderry will be having its 109th Old Home Days Celebration this month starting on Wednesday, August 13th and finishing up onSunday, August 17th. Old Home Days is a Celebration started by Governor Frank Rollins in 1899, as he attempted to bring back family, friends and old neighbors who had left the Granite State or moved to one of New Hampshire's Cities. Londonderry is among a handful of Communities that has worked to keep the Old Home Day tradition alive. Volunteers work diligently all year to pull together this event. There is a lot of good old fashion fun for all during the Celebration. Events include balloon rides, bounce houses, band playing, a kidz night, fireworks, a road race and much much more. If you are thinking of moving to Londonderry then this is just another great rea...
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By Christopher Bonta, Realtor, Integrity and Honesty
(The Bean Group)
In every kind of market we have in Real Estate all Realtors and Consumers have to deal with the issue of what is a "Reasonable Offer". As a Buyer or Seller, do you know what your Realtor thinks is a reasonable offer? In most cases I would say Consumers and Realtors never discuss this issue prior to signing a Agency Contract and they probably don't even discuss it during the Contract time. In most cases what is a reasonable offer will only come up when either the Buyer is making an offer or the Seller is having to review an offer, it's at this point that this "sticky" issue can arise. This can not only put the Buyer and Seller at odds with each other, but can actually involve the Buyer/Seller Agent with their Client. Everyone has their own definition of what is a reasonable offer to make...
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