Manchester NH Real Estate Market REPORT Aug. 8, 2022
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The Real Estate market continues to change this summer with a slow down in sales. Interest rates though, fell slightly with the sharp drop in new mortgage applications. The amount of new listings coming on the market remained the same as last week. Prices have leveled off in most areas. We are not seeing a reduction in actual market values though, BUT are seeing a great reduction of prices on those homes that were listed over to way over what their value actually was. Over pricing a home is one of the leading causes of a home not selling. You as a consumer have a choice. Not all agents are created the same. Experience matters more than ever as the market changes. Knowing what to expect next. Knowing how to approach these changes. Knowing how to better guide you as a buyer or seller t...
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