Manchester NH Real Estate Market REPORT Jan. 9, 2023. Happy New Year to our our faithful readers. The question most asked the last couple of days does "New Year" mean "a New Market?" The simple answer is no, the market has already changed. We saw 4-5 times more listings hit the market in fall. We saw prices level off as interest rates went up. Then Thanksgiving came and we saw a sharp decline in listings once again. We are still a market in transformation. The next question is "WHAT CAN WE EXPECT IN REAL ESTATE FOR 2023? Let me check MY CRYSTAL BALL and see what it says for 2023. Look for Interest rates to hold steady or even come down a little with the slow down in new mortgage starts for the first quarter. Look for a sharp increase in new listings as winter winds down. Look for a stea... 01/09/2023

Manchester NH Real Estate Market REPORT Jan. 2, 2023. Happy New Year to our our faithful readers. The question most asked the last couple of days does "New Year" mean "a New Market?" The simple answer is no, the market has already changed. We saw 4-5 times more listings hit the market in fall. We saw prices level off as interest rates went up. Then Thanksgiving came and we saw a sharp decline in listings once again. We are still a market in transformation. The next question is "WHAT CAN WE EXPECT IN REAL ESTATE FOR 2023? Let me check MY CRYSTAL BALL and see what it says for 2023. Look for Interest rates to hold steady or even come down a little with the slow down in new mortgage starts for the first quarter. Look for a sharp increase in new listings as winter winds down. Look for a stea... 01/02/2023

Manchester NH Real Estate Market REPORT Dec. 26, 2022. Everywhere i go people want to know how the Real Estate Market is. Are any homes selling? Is anyone even buying homes? Are we facing a crash? Lets start with saying, Yes, homes are selling. Yes, People are Buying and No, there is no crash on the horizon. In 2008 seemingly overnight the banks stopped approving mortgages. No one could buy without cash and the market crashed. Today, banks are strong. Banks are approving mortgages. There is a variety of different mortgage choices for someone looking to buy a home. Prices have come down in a lot of areas which off set the rise in interest rates  The amount of  single family homes coming on the market has decreased once again last week. Typically the weeks from the week before Christmas t... 12/26/2022

I would like to Wish you all a very special MERRY CHRISTMAS from all of us to all of you. I am hoping all of your wishes and dreams come true. I thank you all for the support and inspiration in 2022 and look forward to a happy and healthy 2023.  Here in the Manchester NH area Real Estate Market. Many ask why all my blogs have a common theme. I think it is important to share my Real Estate stories whether good or bad so future Buyers and Sellers can learn and have a GREAT Home buying or Selling Experience. The common lesson is that as a Buyer OR Seller in this market you need every advantage you can to get your home sold. It starts with choosing the right agent. My philosophy is simple, provide more personal and professional service to guide my clients through each step of the buying or ... 12/25/2022

It is that time of year again, Let me share with you one of my timeless and infamous blogs. It was the Night before Christmas and all I could see, is a Manchester NH Home Seller kneeling by his tree. The Seller looked up, at the stars so bright, they wished for Santa to bring them a Listing agent, that would try... with all their might.  They had it for sale before, without even a bite. No one came and and no one could see, this beautiful house with this magnificent tree. Stockings were hung on the fireplace so nice, a completely redone inside and all, at such a good price.  A new kitchen, a new roof, but did it matter? Would they ever hear the clatter... of buyers walking through their home? I think not as they sit here reading this poem? They stared out the window at the newly fallen ... 12/24/2022

Manchester NH Real Estate Market REPORT Dec. 19, 2022. The amount of  single family homes coming on the market has decreased once again last week leaving some of the lowest inventories of the year. Meanwhile the Amount of new Condo listing tripled last week. The amount of buyers remained strong for this time of year.  WE ARE SEEING ON BIG CHANGE IN THE MARKET THAT NO ONE IS TALKING ABOUT - That would be HOME INSPECTIONS. A short 2 months ago they were unheard of as there was far many more buyers than sellers. Buyers waived them to even have a chance to get their offers accepted. With the slow down, buyers are not only having home inspections, but asking for everything to be fixed including the kitchen sink in some cases. HOWEVER, the response from sellers is not always what the Buyer ex... 12/19/2022

We are proud to announce this 2 Family Home in Manchester NH has SOLD and is now CLOSED. There are two (3) Bedroom apartments. Currently owner occupied and well cared for.  Located on a nice double lot. CONGRATULATIONS to our Buyers for closing on this fantastic property.       Scott Godzyk of the Godzyk Real Estate Services represented the Buyer on this sale.  Let us show you there is a difference. Experience matters.... --- PRICE: $449,900 Built in 1911 5 rooms, 3 bedrooms and 1 bathrooms EACH APARTMENT Size 2576 SF LOT SIZE: 0.50 acres ---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 One should know that All Agents are not created equal and every buyer or seller should tak... 12/17/2022

We are Proud to report this 2 Family Home at 989 Valley Street in Manchester NH has SOLD and is now CLOSED. There are two (3) Bedroom apartments. Currently owner occupied and well cared for.    Located on a nice lot with a large patio. 1 car garage. 6 year old heating system and newer windows.   The property went Under Contract in just under a week. We call Sell yours too...    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 Clicki... 12/16/2022

Manchester NH Real Estate Market REPORT Dec. 12, 2022. The amount of  single family homes coming on the market decreased very slightly here in the Manchester NH area. The amount of  condos on the market is down by half this week.  Some changes we are seeing in the Manchester market are the average sales price is down and the average days on market is up from 8 to 13.  When it comes to Multi family home, most seem to be holding there value although the days on market has risen from 15 to 22. The amount of new foreclosures is up slightly.  When it comes to values, homes in the best areas and best conditions are fairing much better than a home needing work.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. E... 12/12/2022

One of the most asked questions is " How many homes are For Sale in the Manchester NH area? Lets also take a look at what  has SOLD this year (2022) vs what was Sold  last year (2022). We break down the data between Single Family and Condominiums  Homes. You will see that although there is fewer sales in 2022 than 2021, the values increased sharply earlier this year. Single family values rose on average $355,234 to a sales price of $403,721 on average. Condominium values increased from $232,170 in 2021 to $267,542 in 2022. The amount of homes For Sale in 2022 is on average twice as many as there was in 2021.* * * * * * * * * *How many homes are For Sale in the Manchester NH area as of 12/7/2022There are 40 SINGLE FAMILY HOMES FOR SALE: The average Listed priced home is $466,733. The low... 12/07/2022

Manchester NH Real Estate Market REPORT Dec. 5, 2022. The amount of both single family homes and condos coming on the market doubled last week here in the Manchester NH area. Interest rates trended down slightly. We had one of our busiest weekends for real estate since the administration started raising rates. Prices have come down and buyers are buying.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. Knowing how to better guide you as a buyer or seller through these changes matters and comes with experience. Hiring an experienced agent like me who can navigate the market changes ... 12/05/2022

The Local Real Estate Market shocked us once again as the amount of new single family homes coming on the market dropped nearly 300%. Interest rates nudged downward with the brightest stat being the amount of homes going under contract increased this week over last week. Looking at how many homes are for sale, the number dropped 27% to only 44 single family homes for sale right now in Manchester NH   Today we want to talk about asking prices. Many homes that have been on the market a while have dropped in price. Looking at new listings we are seeing 3 trends. Those who price the home at actual market price. Then there are those over pricing their home from the start. On the flip side we are seeing people under pricing their home, not really knowing what their home was worth in today's ... 11/28/2022

Wishing you all a Happy Thanksgiving from all of us at the Godzyk Real Estate Services to all of you. I am very pleased to have the opportunity to work in a field which I love. It is because of the support of all of you, that I can live my dream every day of helping others through the Listing and Sale of Real Estate.   I am thank full for my clients, present and past as well as my family, friends and Active Rain family. My business thrives on referrals and I thank each and every one of you who puts your faith in me to take care of those you refer to me. There is nothing better than making the dream come true of that new home or sale of your existing one.   Here in the MANCHESTER NH area, I often spend every day, for often a couple of months and some times, many months working with you,... 11/24/2022

As we approach Thanksgiving, we first would like to thank all our faith full readers who look forward to our weekly updates each Monday. We are happy to report that Interest rates actually came down last week. The amount of new single family home listings coming on the market doubled last week. The amount of new condo listings fell last week. The amount of homes placed under contract fell last week.   I wanted to comment on something i am seeing. I make it a point to read as many articles about real estate as i can find. To my dismay, so many are wrong. Different people, different companies and even different media like to label what is happening in Real Estate. The market is not changing, it has already changed. While similar it is also different than anything we have seen before. Med... 11/21/2022

We saw some new changes to the market last week where interest rates actually came down from 7.2% to 6.6% on average, Interest rates change daily and are based on your credit, The amount of new listings coming on the market also decreased last week. The amount of homes placed under contract actually rose slightly last week. The amount of multi family homes on the market dropped sharply last week.   Many homes that have been on the market a while are seeing price reductions. However, We are seeing new listing prices all over the place. Some homes are being listed over priced and some new listings are actually under priced. Yes, you read that correct. Some sellers and their agents are listing their houses lower than they should be. Selling prices are highly affected by both Location and ... 11/14/2022

There are new market changes to report where the shocking statistic is the amount of new single family home listings last week dropped to half of the week before here in the Manchester NH area. The next important stat is the average listing price is now $483,815 up from summer where it was $465.208. The amount of homes going under contract has remained near the same. The amount of condominium's For Sale remained near the same. The amount of Multi Family homes on the market increased last week.   We are seeing new listing prices all over the place. Some over priced and some under priced. Yes, you read that correct. Some sellers and their agents are listing their houses lower than they should be. Selling prices are highly affected by both Location and condition. This is when a home owner... 11/07/2022

With the changes in the Real Estate market, all of a sudden every Loan Officer seemingly in the State of NH has decided it was time to reach out and say hello. I actually know the answer to my question. They were not hear. They were not answering or returning my call that Mr. and Mrs. Smith needed a quick pre-approval letter so they can make an offer on the dream home that was just listed and will be sold before noon. Night time questions for the loan officer? Sorry no answer. Weekend needs of the loan officer? That would be a no too. What about a first time buyer with no clue how much they can afford or if they can get a mortgage? Nope, no time to help you Mr. Realtor. Emails? Nope, no reply. Texts? Yea no time for you. This was not just one, but most... So here we are. October 31, 202... 11/05/2022

Finally I can make an analogy between Trick or treating and Real Estate Blogging. The Active Rain October challenge asks me to share my blogging success story. Blogging is the one thing in Real Estate that your effort determines if you will get tricked or get that "treat" of a new client. Active Rain is the place that gives you the opportunity to get that success. Lets start at the beginning. Success comes in many ways. Success is not instant. The more you put in, the more you get out. If you do not post a blog, no one will see your blog. Success is not just getting a new sale, it can be learning something from other bloggers. It also can be making relationships that pay of down the road where you can get one referral or many from other agents in the rain.  Real Estate is not just a job... 10/31/2022

New trends in Real Estate are emerging and it is not all tricks, there are some treats here in the Manchester NH area. For Home Buyers they have more homes to see. The amount of Single Family homes For Sale and on the market is up 22% from 54 to 68 last week The amount of condominiums For Sale once rose 48% from 12 to 23 last week after many weeks of declining condos for sale. Multi Family homes on the market continued their decline with fewer 2-4 family homes than ever on the market.   The amount of homes going under contract last week declined. The amount of closings remained near the same.   We are seeing new trends in listing prices. First off you should know that location and condition matter. Listing prices in the most desired neighborhoods remain near the same, some actually up.... 10/31/2022

The Real Estate Market is scaring some and with this being Halloween weekend, lets talk about the scary reasons your home may not sell this year. Some homes sell in days while others are just not selling. Have you ever wondered WHY?  There are many factors that affect selling a home.  Some may sound harsh, some may sound like common sense. In the mean time please enjoy my blog based on my experiences here in the Manchester NH area.   TOP 5 SCARIEST ReasonsYour home may NEVER sell  1. YOUR HOME IS OVER PRICED: Nothing can keep a home from selling more than it being priced to high. The amount of homes For Sale is increasing while the amount of Buyers looking for a new home has started to lower.  2. THE EXTERIOR OF YOUR HOME IS NOT APPEALING: Many Buyers may drive up to and then right by a... 10/29/2022