Real Estate Market Report for Manchester NH Nov. 27, 2023
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Manchester NH Real Estate Market REPORT Nov. 27, 2023. Interest rates came down again last week. Some Buyers who decided to wait, seem to be coming back to look again. Lets look at some trends from last week.LETS TAKE A LOOK AT SOME TRENDS:Mortgage interest rates Declined again last week. The amount of Listings is staying about the same, but amount of pending sales is declining. The amount of new buyer inquiries was up again last week. The amount of Sellers asking about Listing or waiting until the New Year was up.-------------WHAT DO THESE TRENDS MEAN: With a decline in interest rates many buyers were inspired to inquire about starting a home search. It also inspired a wave of new offers the last couple of weeks. Sadly, many listings currently on the market are over priced. It is to...
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