Manchester, NH Real Estate News

By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
When it comes to Real Estate is one way of practicing better than another? Let me share how a recent offer went. I got a desired new listing and came up with a great marketing plan. I set up a dozen showings for the first couple of days. I was there showing a couple when a Buyer agent showed up for the next showing. I finished up with the previous buyers and she came over to talk. I introduced myself as the listing agent and let her know to let me know if they had any questions i would be outside out of their way. She surprisingly told me "how happy she was that i was young and was sure to practice real estate like her." She told me this was her first year in the business and how she saw how the market would be in the future. I am happy i still look young i guess as starting when I was ...
Comments 30
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
I am proud to announce that this property has SOLD and is now CLOSED. Multiple offers in 4 days and Closed in only 12 days. Congratulations to the sellers who were a pleasure to work with. I can help you sell your property too - A 2 Family home just listed in North Manchester. Located on a double lot this home has only had one owner. Has been lovingly maintained. Featuring a 2 car detached garage. Newer windows, roof and furnace. Hardwood floors.  5 rooms, 2 bedrooms and 1 bath per floor. If you want, convert the dining room int a 3rd bedroom.     Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Listing Agent for this sale.  Let us show you there is a difference. Experience matters....  Please email sctprop@aol.com or call 603.661.2121 with questions if you would like to...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The amount of new listing last week dropped by more than half. The total amount of homes on the market is declining. The amount of homes going under contract remained near the same in the Manchester NH area Real Estate Market. The "Fall Market" is here. Typically the fall market can be as great as the spring market in an average year. The decline in new listings comes after a sharp increase in the previous weeks. Labor day brought a slow down, but the true test will be what happens this week.   There was a sharp increase in home owners inquiring if they should sell or not. What will happen to prices? How long it would take for them to sell? All great questions and things i am happy to talk to them about. There is much confusion among consumers what to do.   You as a consumer have a cho...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Newly Listed and now UNDER CONTRACT.  A 3 BR home situated on a private wooded 5 acre lot in Antrim NH. This home needs work but is priced to sell. It is sold AS IS.     Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Listing Agent for this sale.  Let us show you there is a difference. Experience matters....    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: $ 101,000 Built in 1971 5 rooms, 3 bedrooms and 2 baths Size 1272 SF LOT SIZE: 5.09Subject to error and or omissions.    If you are thinking of buying a Property please contact us. Get a free p...
Comments 4
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Another wild swing in the Manchester NH area Real Estate Market where business was booming last week. The "Fall Market" is here. Typically the fall market can be as great as the spring market in an average year. The amount of Single Family new listings rose slightly. The amount of Single Family pending sales dropped slightly. When looking at condos the amount of new listings rose sharply. The amount of pending sales dropped slightly. Prices on homes needing work fell while homes in move in condition in the most asked for areas rose. Although an increase in listings, there is still considered an overall shortage of listings available for sale. The amount of over priced listings not selling increased greatly.   You as a consumer have a choice and before rushing into hiring just anyone. Y...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
I am happy to announce that this property has gone UNDER CONTRACT and is now SALE PENDING - A 2 Family home just listed in North Manchester. Located on a double lot this home has only had one owner. Has been lovingly maintained. Featuring a 2 car detached garage. Newer windows, roof and furnace. Hardwood floors.  5 rooms, 2 bedrooms and 1 bath per floor. If you want, convert the dining room int a 3rd bedroom.     Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Listing Agent for this sale.  Let us show you there is a difference. Experience matters....   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 M...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
NEW LISTING - 2 Family home just listed in North Manchester. Located on a double lot this home has only had one owner. Has been lovingly maintained. Featuring a 2 car detached garage. Newer windows, roof and furnace. Hardwood floors.  5 rooms, 2 bedrooms and 1 bath per floor. If you want, convert the dining room int a 3rd bedroom.     Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Listing Agent for this sale.  Let us show you there is a difference. Experience matters....   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: $ 419,900 Built in 1950 5 r...
Comments 7
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We saw some major changes the last week and it is not what you think. It is not what the media is telling you. The amount of new listings coming in the market dropped by near half. The number of homes for sale dropped by 1/3. The amount of homes going under contract increased. Interest rates went down a little. Values are varied though. Increasing in some areas while decreasing in others. The trend we are seeing is location and condition matter very largely when it comes to values staying steading, increasing or decreasing.   You as a consumer have a choice and before rushing into hiring just anyone. You should know that 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. Knowi...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
As Summer winds down, the Real Estate market continues to change. Sales are slowing, inventory has increased slightly and Interest rates fell again slightly. Prices have leveled off but remain string. Condition and location are affecting values largely. The amount of time a home is staying on the market is increasing. Homes are not automatically selling just because they are put on the market.   Consumer complaints and stress are up. 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 through these changes matters and comes with experience. Many would be BUYERS think interest rates are making ...
Comments 1
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...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Manchester NH Real Estate Market REPORT August 1, 2022. The market continues to change in the last week. With a slow down in sales Interest rates actually fell slightly. The amount of new listings decreased last week while the amount of sales stayed near the same as last week. The fed meets the end of the week, so acting now is a better option than when they raise rates again. 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 to next. Knowing how to approach these changes. Knowing how to better guide you as a buyer or seller through these changes matters and comes with experience.   IF YOU ARE THINKING OF BUYING WHAT SHOULD YOU DO?: The first thing is that buying at a lower interest rate...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The market continues to change in the last week. With a slow down in sales Interest rates actually fell slightly. The amount of new listings decreased last week while the amount of sales stayed near the same as last week.  The fed meets the end of the week, so acting now is a better option than when they raise rates again. 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 to next. Knowing how to approach these changes. Knowing how to better guide you as a buyer or seller through these changes matters and comes with experience.  IF YOU ARE THINKING OF BUYING WHAT SHOULD YOU DO?: The first thing is that buying at a lower interest rate will mean a lower payment and more buying power. As rate...
Comments 2
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Quietly the amount of Bank Owned homes in New Hampshire has climbed slowly. The few of us REO Brokers who stayed with the banks throughout the boom are seeing a slow but steady flow of listings. You should know the process of getting a home on the market and available for offers has slowed a thousand times over what it was. It takes time to get the foreclosure deed recorded. Get the home free of occupants and belongings. Then get it appraised and on the market. What took months can be years these days.  WHAT IS IT LIKE TO BUY A BANK OWNED HOMES? The first thing you should know is you need to do some research. Most Bank Owned homes are sold AS IS. The bank will not allow an inspection contingency in most cases. Others are cash only. New to the bank owned scene is having the bank auction ...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We experienced lots of changes in the last week where the amount of new single family home listings almost doubled. Although Interest rates fell slightly to 5.3% on average, but look for them to rise this week as the fed is predicted to raise rates again. The amount of sales stayed near the same as last week. We ended the week with 62 homes for sale in Manchester which is the highest amount in years. MANY BUYERS ARE PONDERING TO BUY NOW OR WAIT: The first thing is that buying at a lower interest rate will mean a lower payment and more buying power. As rates increase, your buying power decreases, monthly payments rise and the sales price you can purchase falls sharply. The down side is rents and home prices are still increasing. It costs more to rent than purchase though.Perhaps the best...
Comments 5
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The amount of homes on the market rose sharply last week. Interest rates though, actually fell slightly after a steady rise. We see a great deal of confusion with what is happening in our local Real Estate Market. With a decrease in new mortgage applications, market forces have driven down interest rates last week. It may be a short term blessing for buyers who buy now, as the fed promises more increases in rates this year. WHAT ARE SOME TRENDS WITH BUYERS? The first thing is that buying at a lower interest rate will mean a lower payment and more buying power. As rates increase, your buying power decreases, monthly payments rise and the sales price you can purchase falls sharply. Perhaps the best news to buyers is there are more homes to see. The largest trend is sellers now willing to ...
Comments 9
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
After 4 weeks of an increase in homes coming on the market, last week saw a decline in new listings. As you know, Interest rates remain up. We are seeing some houses sell fairly quickly while other homes stay on the market longer. We are seeing more price reductions in some areas for homes that were over priced. Values in the Condo Market are now stationary while single family homes are still increasing slightly in value. With a shortage of new listings, we do not expect a sharp decrease in prices anytime soon as demand outpaces homes for sale. We saw a new trend in multi family homes with more than ever being listed and sold now. Many investors are looking to cash out while prices are on top.  PEOPLE ASK WHEN THE "CRASH IS COMING"? The first thing you should know is a "CRASH" like we s...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Every one is saying the Real Estate Market us changing. To see trends lets look at SALES in Manchester NH for the first half of 2021 VS the first half of 2022. The amount of SINGLE FAMILY Home sales is nearly the same with 1 more sale in 2021 over 2022. The biggest change in 2022 is that HOUSES INCREASED $53,000 on average in 2022 over 2021.  .The amount of CONDOMINIUM sales shows 32 less sales in 2022 from 2021. The biggest change in 2022 is that HOUSES INCREASED $36,000 on average in 2022 over 2021.  WHAT SHOULD YOU EXPECT FOR THE 2ND HALF OF 2022? Interest rates will continue to rise. It means buyers can buy less of a home if you wait. The amount of homes on the market is increasing. Sales have stayed strong in single family but are decreasing with Condos. In the Single Family market...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
New trends are arising in our Real Estate Market. The amount of new single family homes "For Sale" is up sharply. Interest rates rose again. The amount of both single family and condominiums that are "Sale Pending" both went down for the first time.  Sadly this is the plan as stated by the government to slow the economy. We are seeing houses stay on the market longer and seeing more price reductions in some areas. Values in the Condo Market are now stationary while single families have a slight rise.  WHAT SHOULD YOU KNOW? The first thing you should know is a "CRASH" like we saw in 2007-2008 is not on the horizon. Let me tell you why... Banks are still lending money. Banks are not going out of business like 2007. Then most important is there is no wave of immediate Foreclosures to tank ...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are proud to announce this property has SOLD AND CLOSED. Yes, we sell Commercial and Residential Properties. A 7513 SF building with two full floors and a full basement. It has new windows on second floor and brand new roof. It offers a large bay door to a loading dock.   Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Listing Agent for this sale.  Let us show you there is a difference. Experience matters....   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  SOLD Built in 1910 Size 7513 SF LOT SIZE: 0.11 acre If you are thinking of buying a Property p...
Comments 5
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We continue to see changes in the Real Estate Market. Interest rates jumped 5.23% to 5.78% on average. The amount of new single family listings came down while new condo listings went up sharply. We saw the greatest amount of price reductions on existing listings in some time. Times are changing and this is where your choice in agent matters more than ever.  Lets look at some trends we are seeing in Real Estate in our area. The FIRST thing you should do if you were thinking of Buying or Selling a home is talk to a Local and Well Experienced Agent. Did you know that all agents are not experienced in "How to Sell a home in a changing market." Whether assisting in Listing a home or as a buyer broker, many have never experienced such a market. Experience comes by doing and you as a consumer...
Comments 6
Manchester, NH Real Estate Professionals