Manchester, NH Real Estate News

By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Depending on whose eyes you are reading this with, you may or may not find this cruel. I had a would be Manchester NH area Home Buyer call me asking why some Real Estate companies are so cruel? Was it me? No. Ok, good. So, I then had to get to the bottom of this call. After listening to the buyer, I know what they mean. It leads to the question of how long does a seller have to wait to answer a buyers offer? How many offers does a seller need before they can make a decision?  I experienced this myself many times this year already with my own buyers. Does a home seller really need 50 offers to decide which one is best? Should they wait 1 week? How about 2 weeks to answer buyers? Just this week a new listing hits the market. My buyers and I rush to see it the first day and make a great of...
Comments 36
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
With 2020 in the books, How did Covid 19 affected the purchase and sales in the NEWTON MEADOWS CONDOMINIUMS? The Real Estate market soared last year. Values increased sharply and days on the market decreased. The amount of homes for sale fell sharply. It makes now the BEST time to List your condo with us ever,   NEWTON MEADOWS is a very desired complex in South Manchester NH. With 2 Bedroom Townhouse style condos and end unit cape style condos. There are many features to love. WIth large rooms these are a buyers favorite. All have basements and some are even finished basements.   Located in a wooded setting with very nice landscaped grounds. Easy access to the highways, schools, shopping and recreation.     We List and Sell homes in NEWTON MEADOWS CONDOMINIUMS   Contact Scott Godzyk, t...
Comments 2
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
With 2020 in the books, How did Covid 19 affected the purchase and sales in WILLOW BLUFF ESTATES? The Real Estate market soared last year. Values increased sharply and days on the market decreased. The amount of homes for sale fell sharply. It makes now the BEST time to List your condo with us ever. On 1/15/21 we listed unit 29. By the end of the day 1/16/21 we had 21 showings, 2 hand fulls of overs and placed it under contract over asking price of $229,900. We have buyers ready to buy your townhouse.  WILLOW BLUFF ESTATES is one of the most desired complexes in South Manchester NH. With 2 Bedroom Townhouse style condos built in 2002. They have a garage under with many features to love. WIth large rooms these are a buyers favorite.  Located in a wooded setting with very nice landscaped ...
Comments 4
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
No one likes to wait. No one likes to "not know". Here in the Manchester NH area Real Estate Market, waiting is part of the process some days. How can you avoid waiting? Lets take a look at my yesterday. Showing homes to a relocation buyer. Showing homes to a first time buyer and bring out a buyer looking for their retirement home. I closed the day heading to a listing appointment for a larger newer luxury home. My relocation buyer has come to NH for our great jobs. They are looking for their dream home in a good area with great schools. I knew of the perfect new listing. We were the first buyers in, they fell in love and made a very good offer. Now we wait for the home seller to answer.  The next buyer is a young couple. First time buyers engaged to be married later this year. They are...
Comments 19
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
With 2020 in the books, How did Covid 19 affected the purchase and sales of FOX HOLLOW CONDOMINIUMS? The Real Estate market soared last year. Values increased sharply and days on the market decreased. The amount of homes for sale fell sharply. It makes now the BEST time to List your condo with us ever, Fox Hollow is one of the most desired complexes in Manchester NH. With 2 Bedroom Townhouse style condos, there are many features to love. WIth large rooms these are a buyers favorite. All have basements and some with walk out or even finished basements. The community features a grand pool and community building.  Located in a wooded setting with very nice landscaped grounds. Easy access to the highways, schools, shopping and recreation.   We List and Sell homes in FOX HOLLOW CONDOMINIUMS ...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Have you been tested? No not Covid, by a Home Seller. You see, this Manchester NH area home seller posted on an online "community page" that she was thinking of selling her home. She was looking for referrals. I know her area. I sold her neighbors home. So, I left a comment that I could help and sent her a message. A day later I got a message back. She wanted to interview me on messenger. We communicated for a good half hour. Then towards the end she said she had previously "hated" Realtors because they do not answer their phones. I told her I do. That actually I answer my own phone. No automated system, no operator and no assistant to go through she asked. Just me when people call, and I answer. She thanked me and signed off. Saturday night at 8pm I am am just home from a long day of s...
Comments 19
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We saw a sharp increase in New Listings and Sales last week. When January can be pretty sleepy here in the dead of winter. There was lots of excitment in the air. We saw new listings. We saw new pending sales and we saw happy Buyers and Sellers.  The amount of calls and inquiries sky rocketed last week. Sellers wanting to know if now is the time to list and sell. There was also an increase of consumers calling to see if they were qualified to buy a home to take advantage of the ultra low interest rates.  DOES IT MATTER WHICH REALTOR I HIRE?. Please do not forget though, that there is a difference from agent to agent. Support local business and chose us, your home town Realtor for 35 years who offers some of the most personal and professional service there can be. We stand by you through...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are happy to report that this newly listed South Manchester NH Condominium is now UNDER CONTRACT and is SALE PENDING. In just 2 days with 21 showings and multiple offers it sold for over asking price.  It has been newly renovated and in move in condition. Newer Kitchen, newer bathroom, new paint, new flooring, new furnace. 2 bedrooms and 2 baths. garage under. Sliders to deck. Congratulations to the seller. Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Agent on this sale. Please email sctprop@aol.com or call 603.661.2121 with questions if you would like to buy or sell a home.   WE CAN SELL YOUR PROPERTY TOO!!!  CALL TODAY FOR A FREE MARKET ANALYSISTO SEE WHAT YOUR HOME IS WORTH Search the MLS Multiple Listing Service by Clicking Here   Price: $234,900 5 Rooms, 2 BR...
Comments 8
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
I sat by the lake going over 12 offers on my new Manchester NH area home listing. I am seeing a new trend. 11 of the 12 were over asking price. That is not new. But 5 of the 11 were WAY over the listing price. One offer $50,000 over the listing price. Now before you say the listing was under priced, it was not. It is priced right at market value.  I concentrated on the wording on those 5 offers. All are getting a mortgage and from 3.5 to 30% down. I was looking for those who waived the appraisal. None had. There was a few that offered to pay up to a certain amount if the appraisal came in low. The others would not pay any difference really making their higher offer worthless. So what is new? The new trend is buyer agents so willing to write offers so high over asking price with no guara...
Comments 30
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
How easy is it to sell your home? The simple answer is "it depends". There are so many factors involved when Selling a home, finding a buyer could be the easiest one. Lets take a look at what it takes to List and Sell a Manchester NH area home. In our current market we have more buyers than houses for sale. Anyone can easily under price a home and have 2 hand fulls of showings the first week. I sat with a seller who looked me in the eye and said they did not need me to find a buyer. Their house could sell itself. They could let buyers in. They could show their own house. That a lawyer was present at closing so why pay a Realtor? My eyes lit up as i have seen this movie before. I have read this book and heard that song played before. Here is a HARD FACT. It may be easy to find someone wi...
Comments 27
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are happy to announce that this North Manchester NH 3 BR home has gone under contract and is now sale pending. We represented the buyer and won out over 12 other offers.  If you are looking to buy? We can get you an advantage. Chosing the right agents DOES matter. Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Buyer Agent on this sale. Please email sctprop@aol.com or call 603.661.2121 with questions if you would like to buy or sell a home.   WE CAN SELL YOUR PROPERTY TOO!!!  CALL TODAY FOR A FREE MARKET ANALYSISTO SEE WHAT YOUR HOME IS WORTH Search the MLS Multiple Listing Service by Clicking Here   Price: $ Sale Pending 5 Rooms, 3 BR and 1 bath Built in 1952  Size 974 SF LOT SIZE: 0.14 ac Subject to error, ommsion or prior sale. Subject to change without notice. Pr...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Come see this newly listed South Manchester NH Condominium. It has been newly renovated and in move in condition. Newer Kitchen, newer bathroom, new paint, new flooring, new furnace. 2 bedrooms and 2 baths. garage under. Sliders to deck.  Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Agent on this sale. Please email sctprop@aol.com or call 603.661.2121 with questions if you would like to buy or sell a home.   WE CAN SELL YOUR PROPERTY TOO!!!  CALL TODAY FOR A FREE MARKET ANALYSISTO SEE WHAT YOUR HOME IS WORTH Search the MLS Multiple Listing Service by Clicking Here   Price: $224,900 5 Rooms, 2 BR and 1 1/2 baths Built in 2002 Size 1058 SF LOT SIZE: condo Subject to error, ommsion or prior sale. Subject to change without notice. Property listed by Harmony Re.    If you...
Comments 5
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Is there such a thing as getting "too many offers?" Something is going on here in the Manchester NH area that I want to share. Two homes on the same street go on the market near the same time. Same style, same age, same size and similar condition. Lets look at the first home. The Seller choose a Listing Agent that under priced the home at $310,000 to encourage a bidding war. They held all showings until a weekend open house. Held all offers until Monday at noon. They had well over 100 people through the home. They got 41 offers with the highest offer $30,000 over asking price.  Lets look at the second home. They chose a full service local agent who priced the home at market value. It was listed at $349,900. They started showings when the home was placed in MLS. They had 9 showings the f...
Comments 12
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
2021 came in like a lion. Everywhere I go people are asking me what to expect from the Manchester NH area Real Estate market this year. Lets look into my infamous Crystal Ball to the future. The amount of homes listed for sale are at all time lows. Interest rates actually dropped again. Buyers are out and making offers. Values continue to increase.  DOES IT MATTER WHICH REALTOR I HIRE?. There is a difference from agent to agent. Support local business and chose us, your home town Realtor for 35 years who offers some of the most personal and professional service there can be. We stand by you through each step of the buying or selling process. * * * * * * * * * * Welcome to our WEEKLY Wrap up of Real Estate from Monday to Sunday of last week.  MARKET REPORT Jan. 11, 2021   There are 21 SI...
Comments 4
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Hold onto something, The Real Estate Market is changing here in Manchester NH area. There are only 26 homes for sale in our area. Roughly 25% of normal. Interest rates dropped again. Values are up this winter. There is a however though that could put the brakes on. Banks are pressuring appraisers to come in lower.Banks are making mortgages harder to get. What does this mean for anyone thinking of Selling a home? It means "LIST NOW". Looking into the my infamous Crystal Ball, we can see the future.  1. By listing now, you have little to no competition. 2. By listing now, you can get most likely the highest price for your home.3. By listing now, you can control your time line. Such as close when you want or need to. 4. By listing now, buyers may not beat you up on inspection items if your...
Comments 16
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Condominiums in the Manchester NH area were Red Hot in 2020.  Lets look back to the stats and lets look ahead to see what the 2021 Real Estate market may be like here in the Manchester NH area. Record sales came to a halt in December of 2020 as the market slowed. We are seeing an incredible shortage of homes listed for sale. We saw a drop in interest rates this December. We also see many Buyers and Sellers not sure whether to Buy or Sell NOW or WAIT until spring. LETS LOOK AT SOME STATS In 2019 There was 427 Condo sales for an average of $180,160In 2020 There was  392 Condo sales for an average of $199,871 DOES IT MATTER WHICH REALTOR I HIRE?. There is a difference from agent to agent. Support local business and chose us "The Godzyk Real Estate Services", your home town Realtor for 35 y...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are happy to announce that this 3 FAMILY HOME has SOLD and is now CLOSED. We have an excessive demand for Multi family homes. There are more buyers than there are properties to sell. If you have a multi family or investment property you are thinking of selling, now is the time. If you are looking to buy? We can gget you an advantage. Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Buyer Agent on this sale. Please email sctprop@aol.com or call 603.661.2121 with questions if you would like to buy or sell a home.   WE CAN SELL YOUR PROPERTY TOO!!!  CALL TODAY FOR A FREE MARKET ANALYSISTO SEE WHAT YOUR HOME IS WORTH Search the MLS Multiple Listing Service by Clicking Here   Price: $335,000 19 Rooms, 9 BR and 3 baths Built in 1900  Size 4508 SF LOT SIZE: 0.12 ac Subject t...
Comments 10
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Lets look back at 2020 and lets look ahead to see what the 2021 Real Estate market may be like here in the Manchester NH area. Record sales came to a halt in December of 2020 as the market slowed. We are seeing an incredible shortage of homes listed for sale. We saw a drop in interest rates this December. We also see many Buyers and Sellers not sure whether to Buy or Sell NOW or WAIT until spring. LETS LOOK AT SOME STATS In 2019 There was 946 Single Family sales for an average of $281,776In 2020 There was  981 Single Family sales for an average of $305,614 In 2019 There was 427 Condo sales for an average of $180,160In 2020 There was  402 Condo sales for an average of $199,426 DOES IT MATTER WHICH REALTOR I HIRE?. There is a difference from agent to agent. Support local business and chos...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Did you feel that? A tremor shook our local Manchester NH area Real Estate Market. What is going on with appraisals? First they were late, then slow and now... They are coming in under sales price. In some cases "way" under sales price. I have had 2 bad appraisals this December already and 3 of my last 6 sales in the last 2 months. I have not had 3 bad appraisals in the previous 12 years combined. It is leading to some guesses... Are banks telling appraisals to come in low? Are prices really falling? What can we do? Before I get into answering my own questions, other agents are facing low appraisals as well. These low appraisals are killing sales. They are hurting buyers and sellers. Many sellers are also buying which affects a second sale as well.   So, are banks telling appraisers to ...
Comments 30
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
As 2020 comes to an end, we are both looking back to what we saw in in 2020 and looking ahead to see what the 2021 Real Estate market may be like here in the Manchester NH area. Record sales came to a halt in December of 2020 as the market slowed. We are seeing an incredible shortage of homes listed for sale. We saw a drop in interest rates this December. We also see many Buyers and Sellers not sure whether to Buy or Sell NOW or WAIT until spring.  DOES IT MATTER WHICH REALTOR I HIRE?. There is a difference from agent to agent. Support local business and chose us, your home town Realtor for 35 years who offers some of the most personal and professional service there can be. We stand by you through each step of the buying or selling process. * * * * * * * * * * Welcome to our WEEKLY Wrap...
Comments 3
Manchester, NH Real Estate Professionals