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Manchester, NH Real Estate News

By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Foreclosure numbers in New Hampshire dropped 4.1% to 2102 for jan. 1, 2011 to June 30, 2011 based on the first half of 2010.  The month of June 2011 saw 343 foreclosures compared to June 2010 which saw 377 according to the Registry review. However looking at the year as a whole 2011 is gearing up to hit the 4000 mark where 2010 had 4006 in a year that saw a halt to foreclsoures for 2 months while they worked on foreclosure reviews.Hillsborough county actually saw a rise in foreclosures to 103 compared to only 100 in 2010If you are behind in your payments there may be help, as a leader of short sales in the area please feel free to contact me how we can assist you in selling your home via a short sale and usually with no cost to you the seller.Please see my blog for tips and advice on se...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
I dont know about you, but i am tired about hearing about the heat wave. It could be worse, it could be a week long blizzard... Coming off one of the longest and worst winters ever in New Hampshire, i am happy to see some heat, afterall spring kind of skipped over us.It was not that long ago i was walking waste deep in snow to get access to homes.FOR ME I PREFER SHOWING HOME IN THE SUNSHINESo if you had the choice of being in a heat wave for 3 days or in a 3 day snow storm, which would you choose?UPDATED July 23, 2011Copyright 2010-2011, All rights reserved
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
WHAT PERCENTAGE OF YOUR SALES ACTUALLY CLOSE? Whether you are a listing agent or a buyers agent, there are forces of the market acting against our closings. From appraisers appraising TOO low, to loans being denied after bing approved and for bank owned homes foreclosure deeds not being recorded.I was having an interesting talk and realized it was just as common for listing agent, buyer agents and not just happening in one particular part of the country.SO MY QUESTION TO YOU IS..  WHAT PERCENTAGE OF YOUR SALES CLOSE ON TIME?.25% ?  50% ? 75% or 100%  WHAT PERCENTAGE OF YOUR SALES CLOSE?.25% ?  50% ? 75% or 100% For me as a listing agent of alot of bank owned homes in the Manchester NH area my sales that close on time are 1 out of 4 but those who eventually close or just over 90% those w...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
What can i do if no one is looking at my house?  This was a question that was emailed to me last night from a seller in Manchester NH who has not had any luck in selling their home, and whose contract expired with their other listing company. This question seems to be s asked everywhere i go. The simple fact is....You can not sell your house if no one is looking at it.1. PRICE $$$ The first and most common problem is being overpriced. You need to assess what your house is worth by getting a new brokers price opinion completed to see where your house is worth in this market. You want to make sure your house priced at or below market value, most often no lookers comes from too high of an asking price.priced in the market. If your house is priced above market value, with the increase in li...
Comments 17
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
For more than the last year i have had the worst time getting paid from a BPO company. Most companies send checks like clock work, this company just can not seem to get their act together without some begging and constant emails.I checked several other sites and sure enough started finding other blogs regarding others not getting paid, the key in most comments was why didnt someone warn me, so here is your warning, Evaluation Solutions has been the worst company for paying me for BPO's ever. I just cant seem to get paid. When they do respond "it is being processed". Please add a comment if you have dealt with them or if you havge any other companies you want to add to my unofficial list of the worst companies to complete BPO's for. UPDATED July 18, 2011Copyright 2010-2011, All rights re...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The debate of whether a listing agent should be at all showings or should not is a long and lengthy one.  Today i had an interesting debate with another Broker. i have a listing that is vacant, not bank owned in which the seller mandates me being there for all showings. This Buyer Broker did not want me present at the showing, he said it was useless that i be there and they were not showing it if i was there. I said that is fine, my seller made me sign that i would be there, it was a deciding factor to give me the listing as other agents told him no. I can not go against his wishes or break my contract.I searched various other blogs and all are different depending on whose point of view you are looking at this at.in my opinion It depends who you are asking, the buyers agent, the buyer, ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
No matter where i seem to go today, the common question is "Is it HOT enough for you?" (It is starting to bug me)  BUT After the winter we had i have been answering "No" , the weather is great. I often get puzzling looks back at me, it was only 2 months ago where we did not even have a spring, where it rained for 2 weeks straight which followed a winter we snow was measured in yards never mind feet.As a leading Real Estate agent here in New Hampshire for nearly 25 years now, i have been through upturns, downturns, recession, boom times and as i work for myself, if i dont work i am not making any money, so like the postman i have to work through rain, snow and yes... heat waves. It is Ok, i gas up the car , turn the AC on high, grab multiple iced coffess during the day and i am ready to ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
It is that time of yerar in New Hampshire when Nascar comes rolling into town. The NHMS web site reports NASCAR's premier drivers invade "The Magic Mile," for the Sprint Cup Series LENOX Industrial Tools 301. Expect a heated battle as the NASCAR stars go "the extra mile" on Sunday, July 17.  Aside from the race, NHMS has a lot to offer to race fans, check out the Fun Guide for all the cool stuff going on around the property.As a Real Estate broker in Manchester NH the week leading up the race leads to an increase in calls and inquiries for properties from the MA border to the Lakes to the Seacoast from people coming to the race who fall in love with the NH way of life. No income tax, no sales tax nad natural beauty that just cant be beat. UPDATED July 12, 2011
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
As a Real Estate Broker in Manchester, New Hampshire, Every day i get calls or emails from potential home owners who can not get a mortgage now for properties in Southern NH, Central NH and Seacoast NH that would like to use a "Lease/Purchase" also known as the "Rent to Own" concept to obtain home ownership. If you are looking to rent to own a home, here are some tips to get you started.The first step: Get Prequailified...The first step is an absolute MUST, it is to get prequailified. Meet with a local and trusted bank or mortgage company. Stay away from internet lenders. You need to find out how long it will take you to get a mortgage so you know hown long of a lease your need. As well as what you will need to do to be quailified by the time that lease is up. You can get prequailified ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Attached is a MARKET UPDATE for Manchester NH for the 1st week of JULY 2011Currently there are 822 properties for sale in Manchester NHThere were 57 new listings from 7/1/11 to 7/10/11There were 20 properties put under contract from 7/1/11 to 7/10/11There were 15 properties that Closed from 7/1/11 to 7/10/11 TOTAL Active Listings Count 822     Listing Price Total $174,704,380     Listing Price Average $212,536     Average Days on Market 138     Average Price Per Sqft $317   New Listings (7/1/11 to 7/10/2011) Count 57     Listing Price Total $10,797,943     Listing Price Average $189,438 Pending Listings (7/1/11 to 7/10/2011) Count 20     Listing Price Total $3,833,550     Listing Price Average $191,678     Average Days on Market 72 Closed Listings (7/1/11 to 7/10/2011) Count 15     List...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Happy Monday everyone and welcome to my newest blog with a wrap up of Real Estate for last week and what to look for coming up this week. Last week was a shortened week with the 4th of July Holiday which is usually the 2nd quietest week of the year in real estate sales. The week started of slow but ended with a fury of inquiries and offers for homes and investment properties. Investors continue to make cash offers on every new listing and are buying up everything they can. The regular everyday people should be taking a que from them that these sales prices are incredible. When the investors start spending their cash you know it is becuase they are making money. Therefore potential home owners should start looking now as the economy here in Nh continues to improve, it is only inevitable ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
  Attached is a MARKET UPDATE for Manchester NH for the Month of JUNE 2011. So often i read statistics with no explanation what they mean.  There are 46 more listings on the market as of 6/30/11 than on 5/31/11.There were 21 more new listings in June than on 5/31/11.There were 5 less home sput under contract in June than on 5/31/11.There were 2 more CLOSED SALES in June than on 5/31/11.In may the avg sales price was $164,825 but for June the avg sales price rose to $183,142 TOTAL Active Listings Count 605     Listing Price Total $131,629,576     Listing Price Average $217,570     Average Days on Market 113     Average Price Per Sqft $354 New Listings JUNE 2011 Count 211     Listing Price Total $47,218,010     Listing Price Average $223,782 Closed Listings JUNE 2011 Count 101     Listing...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
With July 4th weekend come and gone, i was talking to other agents this morning about my couple of days off for the first time in a ong while. The one thing we all seemed to have in common was not a place i went where people know i am a Real Estate Broker in Southern NH, they all seemed to came up to ask me or comment on the current Real Estate market. The one thing in common is everyone knew someone who has suffered a foreclosure or is losing their home and everyone is bothered by how much value they lost.The common blame was the governement for their bailouts, banks for being greedy and appraisers for going from being so liberal to way too tight in current appraisals hindering purchases of people they know.There was alot of concern about the local markets wher eever i went such as in ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Today was a fabulous day which has followed the nicest weekends of the Summer so far. As the local news reported over 800,000 tourists flocked into NH for the 4th of July, i choose to spend it relaxing for the 1st year instead of fighting that beach traffic. Thank you to all of our armed services for keeping us safe and free and thank you to their families for their sacrafices.Have a great 4th of July Holiday everyone. Updated  July 4, 2011Copyright 2008-2011, All rights reserved
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Attached is a MARKET UPDATE for Manchester NH for the 4th week of June 2011 TOTAL CURRENT Active Listings Count 595     Listing Price Total $130,226,876     Listing Price Average $218,869     Average Days on Market 117     Average Price Per Sqft $358   New Listings 6/20/11 TO 6/27/11 Count 53     Listing Price Total $10,137,755     Listing Price Average $191,278   Pending Listings 6/20/11 TO 6/27/11 Count 21     Listing Price Total $3,267,429     Listing Price Average $155,592     Average Days on Market 57   Closed Listings 6/20/11 TO 6/27/11 Count 14     Listing Price Total $3,080,900     Listing Price Average $220,064     Selling Price Total $3,006,250     Selling Price Average $214,732     List-to-Sell Variance 5,332     List-to-Sell Percent 98%     Average Days on Market 57 Statisti...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
No matter what part of the country you are in, you can not help but when you turn on your TV or pick up a paper to see something about this case. This week especially i have noticed an affect on Real Estate.2 days this week i was showing houses, Tuesday we were to see 4 condos, each one located in an established community of mostly older people. They are neat and clean and a great place to live. The listing agent of 2 units here said we could not get in, i asked why and said the owner had to stay home and could not leave the house, i asked my buyer and she said it would be fine if they were there, that she really needed to find a new home. As we approached the first home, we knocked, a lightly spoken voice said to come in, the owner was fixed 2 feet from her TV watching the trial. We wa...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
As the 4th of July approaches, Cities and towns throughout NH are getting ready for their Fireworks displays. Below is some of the towns and cities and the times and places you can go watch.ALTON 7/3 @ dusk; Alton Bay   AMHERST 7/3 @ dusk; Souhegan HighCANDIA 7/2 @ dusk; Liquid Planet Water ParkDERRY 7/4 @ 9 pm; Hood CommonsHAMPTON 7/4 @ 9:30 pm; Hampton BeachLINCOLN 7/4 @ 9:30 pm; Hobo Railroad parking lot   MANCHESTER 7/3 @ 9:30 pm; Arms Park AND 7/4 after Fisher Cats game; Northeast Delta Dental Stadium   MEREDITH 7/4 @ 9:15 pm; Heskey Park   MERRIMACK 7/4 @ dusk; Merrimack High School   NASHUA 7/4 @ dusk; Holman Stadium   NEW BOSTON 7/4 @ 9:30 pm; 4H County Fairgrounds   NORTH CONWAY 7/4 @ 9:45 pm.; Main Street and Schouler ParkUpdated  June 28, 2011
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
It is that time of year, Spring has given way to Summer and the my garden has turned lush with vegetables. This morning though i had been invaded. The japanese beetles have arrived munching on my hard work, time and energy. Leaves on the beans, peppers and spinach look like swiss cheese. I need some help...It has been proven that the beetle traops just attract more beetles, i found instructions for a beetle catcher but that is not fool proof and pesticides could kill off good insects.All right gardeners, please share some help and i will pass it on to thise in need as well as me.UPDATED June 23, 2011
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
If you have driven up or down I93 From the MA border to Hooksett in the last few weeks you can not help but notice the hulking new signs. For the bargain price of $3.8 million there are six 8 foot by 26 foot long signs that will convey traffic updates and emergency warnings. The controversial part is the traffic cameras attached to each. Those of you from the BIG cities are used to this but we here in NH are not. The state touts them as to reduce congestion and speed up the response to incidents and accidents. For NH traffic current traffic updates and current camera feeds go to www.511NH.comAccording to the NH DOT web site: The I-93 Advanced Traffic Management System (ATMS) project involves the installation of strategically located "Intelligent Transportation System" (ITS) devices alon...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The top 5 best tasting waters in America were announced June 16, 2011 and Manchester NH was named one of the top 5 Best Tasting Waters in America. Manchester Water Works serves a community of 160,000. It was named the Best Tasting Water in New England last winter and earned the right to compete nationally.Greenville SC took the high honors - congratulations to them...Congratualtions to the Manchester NH Water Works. Thank you to all of the  Manchester Works employees for their hard work.Another reason why Manchester NH is a great place to live, work and play...UPDATED June 22, 2011
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Manchester, NH Real Estate Professionals