Manchester, NH Real Estate News

By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Manchester NH Real Estate Market REPORT Jan. 23, 2023. As we start the third week of January we are seeing some new trends for this New Year. The amount of Single Family homes for sale fell once again last week. The amount of homes Selling remains strong and steady. Prices are down slightly. When you look at condos, the amount of new listings were up about 200% last week. We will keep an eye on how long and what price the new listings coming on the market take to sell.  THIS WEEKS QUESTION is what does the Multi Family Market Look like FOR 2023? Let me check MY CRYSTAL BALL and see what it says for 2023. Multi Family Listings are way down. The amount of people looking for them is strong though. Simply put we nee more properties to sell which makes this a great time to List with us and s...
Comments 1
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The amount of homes coming on the market increased greatly last week in the Manchester NH area. The amount of single family homes for sale went up sharply last week. The amount of pending sales remained steady. We are seeing home that are not selling the first week they are listed any longer. Being priced too high for their condition or their neighborhood, seems to be the leading reason. Look for this trend to continue, We are also seeing a trend with banks being tougher on borrowers. the criteria to get a mortgage is stricter. Appraisals are coming in lower. Some warranted but some not warranted. Look for appraisal issues to continue. The one thing that will matter more than ever is the real estate agents ability to handle these lending and appraisal issues now and in the future. Exper...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
It was quite a week in Manchester NH area Real Estate Market. We saw a giant increase in new listings hitting the market. Many of the homes going under contract in less than a week. Interest rates rose to 5.3% on average. With additional increases promised by the FED, buyers are hurrying to buy now.We are seeing a great deal of relocation buyers coming to NH for our great jobs. We are also seeing a great deal of first time buyers still entering the market. One of the most steady buyers is those looking to downsize now as well.  The fact most people are not getting is that the longer you wait, the more it will cost you to buy with these higher interest rates. We are seeing new listings not selling when they are over priced. Many home sellers are now wondering if they waited too long to s...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The Real Estate Market continues to change. New listings as well as the amount of homes on the market increased. Interest rates ticked up again. We are seeing a steady amount of relocations to our area and a steady amount of first time buyers. The fact most people are not getting is that the longer you wait, the more it will cost you to buy with these higher interest rates. Many agents are changing brokerages looking for more clients. Many home sellers are now wondering if they waited too long to sell. Bidding wars are dwindling. The amount of buyers is decreasing as a whole. There is BIG differences from town to town and neighborhood to neighborhood. Great school districts and desired neighborhoods are still seeing a good amount of action. Over priced homes are now starting to sit in o...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
A better question than "Who is watching me" may be "Who is listening to us?" First off, in some states the seller must post if cameras or listening devices are in use. However, in some states they are not. Even worse, even if it is required, some sellers are not posting. Therefore anything you say or do when looking at a home, you should assume is being watched and or listened to.   Let me share  a story. I took my buyers to a new listing. The listing agent set up showings every 15 minutes through out the day. Of course the 2 showings before us were late and now there was 3 couples looking at the home Welcoming us at the front door was a RING DOORBELL.  I already had "the talk" with my buyer about cameras and listening devices.   Once inside we walked through the home as the other 2 co...
Comments 22
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The Real Estate Market is changing quickly. We saw a sharp decrease in New Listings last week over the week before. Interest rates continued to rise to near 5.5%. The predicted change in the market is here. There is more confusion than ever. The fact most people are not getting is that the longer you wait, the more it will cost you to buy with these higher interest rates. Buyers are starting to get deals when they do it right. Sellers can still get a quick sale if done right. The amount of offers on a property is decreasing. Many new listings are still going under contract in less than a week. However, Other homes are not anymore. Buyers are getting more homes to choose from. It does depend on whether the buyers are getting the advice and help they deserve though.  Many sellers on the o...
Comments 4
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
It is early Saturday morning. The phone rings and it is a friend i have not seen in a while. They ask if I have any homes in "the best school districts of Manchester" they can look at today. He and his wife took today off to look at, find their dream home and make an offer today.    Of course I know of a couple of homes coming on the market. This is the area I live, grew up in and work in. I started the conversation asking if they were pre-approved. "Not yet, but they are sure they can get a mortgage" was their reply.  So I let them know that nearly every seller will want a pre qual letter at minimum to even look at their offer.    The would be buyers fast forwarded the conversation to asking what time I can get them in the new listings. I let them know they should reach out to one of ...
Comments 8
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
A BATTLE was brewing when after a closing, the Home Seller removed the RING DOORBELL and the RING LIGHT AND CAMERA over the garage. The seller did not say they were not included. The buyer assumed they were staying as it states "all fixtures" in their contract. The buyers show up at their new home and the door bell and spot lights are gone, wires hanging in their wake. Lets take a look at what went wrong and what could have been done better.   I did not represent the buyer or seller. I listed the neighbors home who shared the play by play with us. The seller of that home chose a "discount" agent and pretty much did everything themselves they said. The buyer said they did not need an agent and took it upon themselves to represent themselves. The buyer wants to sue the seller. The seller...
Comments 9
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are proud to announce this home has SOLD and has now CLOSED. Located at 15 Claire St in Manchester NH. An affordable 3BR home in desired South Manchester. A perfect fixer upper for those looking.  Scott Godzyk of the Godzyk Real Estate Services was proud to assist the Buyer in this transaction.  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: $200,000  5 Rooms, 3 BR and 1 bath 808 SFBuilt 19550.10 acres1 car Garage Subject to error, omission, or prior sale. Subject to change without notice.     If...
Comments 2
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We saw a sharp increase in New Listings last week. More homes are coming on the market. Interest rates continued to rise to near 5.3%. The predicted change in the market is here. We are also seeing some confusion. In the last couple of weeks when looking at new listings, we saw a few Manchester Listings actually under priced and a few others over priced. Some sellers could have got more while other sellers learned you just can not ask the moon for a property and have buyers throw money at you any more. Many new listings are still going under contract in less than a week. However, Other homes are not anymore. Buyers are getting more homes to choose from. It does depend on whether the buyers are getting the advice and help they deserve though.  Many sellers on the other hand wonder if now...
Comments 5
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
How do you get a "GREAT DEAL" in this Real Estate Market? A question often asked but one that comes with  "a variety of answers, some good and some bad" online. First thing for me when asked this question, is to ask the person what they think a great deal is and how I can make it great?   If you are looking to BUY A HOME, most often it is finding their dream home at a good price, good condition, low interest rate and a smooth process from offer to closing.    If you are looking to SELL A HOME, your goals may be selling at the highest price. Getting an offer with no contingencies and a sale that is smooth from start to closing.   LETS START WITH BUYING A PROPERTY IN THIS MARKET. First off, there are very good deals out there. You have to know where to start, where to look and how to get...
Comments 8
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We were flooded with inquiries about the Real Estate market last week. Should we buy now? Should we sell now? What will happen to prices? Interest rates inched up to 5% on average.  What does it all mean? Lets start with interest rates. Basically as they rise, you can get less house for the same amount of money. Your cost to buy rises, meaning the monthly payment for that dream house, is going up.I hear from some buyers, "we will wait until prices go down". However even as rates rise, values are staying high. The main reason is the intense shortage of homes listed for sale being so low. Prices are stabilizing and may stop rising as rates continue to go up. However, we do not expect to see them go down right away either. We are seeing some new listings coming on the market at low prices ...
Comments 4
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The amount of new listings coming on the market in April has doubled. Interest rates inched up to 4.675% on average.  Values though continue to rise. It makes NOW the best time to Buy or Sell a home. These changes make who you decide to hire to be your Realtor, more important than ever.DOES IT MATTER WHICH REALTOR I USE?  The short answer is YES. It matters. There is great difference from one agent to agent another though. All agents are not created equally. Bigger is not better. Experience matters. Choose the Best agent not the biggest. Choose experience over not experienced. Choose Local over National. Please support locally owned businesses 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 thr...
Comments 7
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are happy to announce this home has gone UNDER CONTRACT and is now SALE PENDING. Located at 15 Claire St in Manchester NH. An affordable 3BR home in desired South Manchester. A perfect fixer upper for those looking.  Scott Godzyk of the Godzyk Real Estate Services was proud to assist the Buyer in this transaction.  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: $ Under Contract  5 Rooms, 3 BR and 1 bath 808 SFBuilt 19550.10 acres1 car Garage Subject to error, omission, or prior sale. Subject to c...
Comments 9
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are happy to announce this home has gone UNDER CONTRACT in less than 72 hours and is now SALE PENDING. Located at 1531 Candia Road in Manchester NH. An affordable home saw 3 full days of showings with highest and best offer at the end of the 3rd day. The Home Seller was very happy being happy to close when he wanted. The home buyer is thank full to get their dream home. Exclusively listed by Scott Godzyk of the Godzyk Real Estate Services.  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: $285,000 ...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We saw the biggest changes to our market yet as the amount of new listings coming on the market doubled last week. Interest rates climbed upwards once again. As we expect both trends to continue, it makes NOW the best time to Buy or Sell a home. These changes make who you decide to hire to be your Realtor, more important than ever.DOES IT MATTER WHICH REALTOR I USE?  The short answer is YES. It matters. There is great difference from one agent to agent another though. All agents are not created equally. Bigger is not better. Experience matters. Choose the Best agent not the biggest. Choose experience over not experienced. Choose Local over National. Please support locally owned businesses and chose us, your home town Realtor for 35 years who offers some of the most personal and professi...
Comments 4
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 7
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are proud to announce this home has SOLD and is now CLOSED. This Amazing 2567 sf Home at 20 Worthley Road in Manchester NH went UNDER CONTRACT in just 2 days. It had many recent and newer renovations. Newly redone Bathrooms. New Furnace. Newer kitchen, electric, windows and re-finished hardwood floors. Incredible wood work and original features. A terrific 0.57 acre yard with turn of the century stone, gardens and lawn area. Formal dining room. 1st floor large laundry room. Detached 3 car garage. Incredible detail and built ins. Front and rear stairways.  Exclusively listed by Scott Godzyk of the Godzyk Real Estate Services.  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 sel...
Comments 9
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are happy to announce this property is UNDER CONTRACT and is now SALE PENDING. 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   Price: $ PENDING Built in 19910 Size 7513 SF LOT SIZE: 0.11 acre If you...
Comments 1
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Interest rates skyrocketed last week. The amount of new listings hitting the market also increased. Spring is here which means if you were thinking of Selling your home, now is the time. The amount of homes on the market is actually less than last  year. Sale though, are strong and steady.  DOES IT MATTER WHICH REALTOR I USE?  The short answer is YES. It matters. There is great difference from one agent to agent another though. All agents are not created equally. Bigger is not better. Experience matters. Choose the Best agent not the biggest. Choose experience over not experienced. Choose Local over National. Please support locally owned businesses 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 yo...
Comments 3
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
It is time for some tough talk in Real Estate. I get asked a few times a day, every day if "Now is the time to Buy or Sell a home?" The answer can differ depending on your needs and situation. What will not change are some facts. FOR HOME BUYERS:FIRST: It costs less to buy a home with a lower Interest rate and a higher sales price than a lower sales price and higher interest rate. Wait what? Lets look at the facts. Buy a home at $450,000 and a 3.875% interest rate and your Monthly payment (P & I) is approximately $2011.If prices go down and Interest rates go up. Buy a home at $425,000 and a 4.99% interest rate and your Monthly payment (P & I) is approximately $2165. (numbers used for estimate)SECOND: No matter what the media tells you, there are homes to purchase right now. It takes a g...
Comments 20
Explore Manchester, NH
Manchester, NH Real Estate Professionals