Merrimack, NH Real Estate News

By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Merrimack New Hampshire Real Estate Market Report 1st Quarter 2010 Single Family Homes In the 1st quarter of 2010 there were 42 homes that closed in Merrimack New Hampshire. This is an increase of 11 homes, as there were 31 homes that closed in the 1st quarter of 2009. The Average list price for the homes that closed in Merrimack for the 1st quarter of 2010 was $253,950. The Average list price for the homes that closed in Merrimack for the 1st quarter of 2009 was $245,000. The Average sale price for the homes that closed in Merrimack for the 1st quarter of 2010 was $249,700. The Average sale price for the homes that closed in Merrimack for the 1st quarter of 2009 was $240,000. The Average Market time for the homes that closed in Merrimack in the 1st quarter of 2010 was 66 days. The Aver...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Merrimack New Hampshire Real Estate Market Report 1st Quarter 2010 Condominiums and Townhomes In the 1st quarter of 2010 there were 21 condominiums and townhomes that closed in Merrimack New Hampshire. This is the same amount of condos as there were 21 condos that closed in the 1st quarter of 2009. The Average list price for the condominiums and townhomes that closed in Merrimack for the 1st quarter of 2010 was $164,900. The Average list price for the condominiums and townhomes that closed in Merrimack for the 1st quarter of 2009 was $149,900. The Average sale price for the condominiums and townhomes that closed in Merrimack for the 1st quarter of 2010 was $159,900. The Average sale price for the condominiums and townhomes that closed in Merrimack for the 1st quarter of 2009 was $141,00...
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By Scott Strang, Licenced RE Broker and Realtor Office in MA&NH
(Scott Gregory Group)
I have had nothing but great experiences in dealing with 1 bedroom East Ridge Condos Merrimack NH. I sold 2 units in the past year both as a buyers agent and as a listing agent. They are very afforable nice units that have held values well in the past 5 years Here are the numbers: you can buy one for about $85,000 the scenario below shows FHA 3.5% down, these condos are FHA/ VA approved. principal and interest $ 440.33 condo fee                      $ 181.00 taxes                              $ 150.00 pmi        (est)                 $   90.00 total =                            $ 861.33 You would be hard pressed to find an apartment for this price per month. They 1 bedroom East Ridge condos Merrimack NH are great units for a number of reasons. 1) all units have private front entrances a...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
Some ways that buyers focus on their home buying to take advantage of the tax credit.  1. Get to Know Your Market: Buyers can do that using Internet sites that permit you to see the homes currently on the market, and by finding a good real estate agent who is ready to expedite the shopping process.  "New listings can be emailed to buyers as they are posted, and buyers should stay on top of the market on a daily basis, seeing what properties are coming onto the market and which ones have sold." A good agent will stay on top of this for them as well and have excellent communication. 2. Line Up Your Financing: Talk to a reputable lender right away and go through the pre-approval process. That will tell buyers quickly how much they can borrow. At today's extremely low interest rates, that a...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Merrimack, New Hampshire Real Estate and Homes for Sale - All MLS Listings  The Merrimack NH real estate and home buying process can be complicated and you will benefit from the guidance of industry professionals. A real estate buyer's agent, mortgage lender and an attorney are the primary advisers in the purchase of Merrimack NH homes for sale. If you are a first-time home buyer or an existing owner, you may qualify for a tax credit and could be eligible for special financing programs.  On November 6, President Obama signed legislation expanding the program to include a $6500 tax credit for qualifying existing homeowners. Start your search be determining your price range, housing needs and lifestyle you desire. Merrimack NH real estate site heps you in finding the right property to mee...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Merrimack New Hampshire Real Estate Market Report December 2009 for Single Family Homes In the 4th quarter of 2009 there were 47 homes that closed in Merrimack New Hampshire. This is a increase of 10 homes, as there were 37 homes that closed in the 4th quarter of 2008. The Average list price for the homes that closed in Merrimack for the 4th quarter of 2009 was $214,900. The Average list price for the homes that closed in Merrimack for the 4th quarter of 2008 was $259,900. The Average sale price for the homes that closed in Merrimack for the 4th quarter of 2009 was $215,000. The Average sale price for the homes that closed in Merrimack for the 4th quarter of 2008 was $250,000. The Average Market time for the homes that closed in Merrimack in the 4th quarter of 2009 was 57 days. The Aver...
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Merrimack New Hampshire Real Estate Market Report December 2009 for Condominiums and Townhomes In the 4th quarter of 2009 there were 32 condominiums and townhomes that closed in Merrimack New Hampshire. This is a increase of 5 condos, as there were 27 condos that closed in the 4th quarter of 2008. The Average list price for the condominiums and townhomes that closed in Merrimack for the 4th quarter of 2009 was $163,950. The Average list price for the condominiums and townhomes that closed in Merrimack for the 4th quarter of 2008 was $170,000. The Average sale price for the condominiums and townhomes that closed in Merrimack for the 4th quarter of 2009 was $161,000. The Average sale price for the condominiums and townhomes that closed in Merrimack for the 4th quarter of 2008 was $161,500...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Merrimack, NH Market Activity - Single Family Homes YTD (10.31.09) Market Snapshot Single Family Homes - There are 97 homes on the market with an average listing price of $343,952. These homes have been on the market for an average of 97 days. For sales pending, there are 18 homes under contract with an average listing price of $254,806 and an average days on market of 102. To view current listings on the market with a mapped based result, visit Merrimack NH Homes for Sale. The October statistics report 175 homes sold with an average sale price of $269,668.     Virtual Homes Real Estate provides search tools to assist you in learning about the community, listing and market conditions. Click on the following links for your choice of services: Merrimack NH Real Estate - Community, relocat...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Merrimack, New Hampshire Market Update - Condominium Activity in 2009 Merrimack NH Condos At the end of October, there were 63 active listings with an average list price of $192,087 and a DOM of 130 days.  7 units were under contract with an list price average of $184,386 and a DOM of 68.  The condominium market continues to soften as FHA financing and lending underwriting guidelines make it more difficult for the first-time home buyer to qualify.  These buyers will choose to purchase a single family home (if they qualify) due to favorable pricing and interest rates. In 2009 there have been 108 condos closed with an average price sales price of $153,269.  This is a substantial drop (-20%) from 2008.  The entry level condominiums are typically financed with low down payments (FHA financi...
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By Rudy Mayer, New Hampshire Real Estate & Homes
(Better Homes & Gardens | The Masiello Group Real Estate)
A "Slice of Life in New Hampshire" brought to you by your Southern New Hampshire Realtor®, Rudy Mayer. http://www.RudyMayer.com The Budweiser Clydesdales are the beverage industry's most recognizable mascots, and you can meet these famous horses by visiting the Anheuser-Busch Brewery right here in Merrimack, New Hampshire. In 1933, August A. Busch, Jr. gave a hitch of Clydesdales to his father in celebration of the resumption of brewing in St. Louis following the repeal of Prohibition. Clydesdales--a powerful breed of draft horses--originated in the Clyde valley of Scotland, and they are known for the distinctive, feathery hair on their fetlocks--the lower parts of their legs above and behind the hooves. Originally, farmers living in the 19th century along the banks of the River Clyde ...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Merrimack New Hampshire Condominiums and Townhomes FHA and VA Approved Ever wonder which condos in Merrimack NH are approved by the FHA and VA (Federal Housing Administration and Veterans Affairs) for sale? Below is a chart showing currently approved condos and townhomes in Merrimack. Merrimack NH condominiums FHA VA and townhomes Approved Approved Appletree Village Blanchard Pointe Bowers Landing Bradford Woods x x Chamberlain House x x Chapel Lane x x Country Crossing x x Country Side x x Crosswood Path   Eastridge Village x x Harris Pond x x Heron Cove Highland Green Hillside Court x x Horseshoe Pond x Indian Rock Village x x Laurel Wood x x Maple Ridge x x Merrimack Commons Orange Blossom Estates x Parkers Village Penacook Landing Ravencroft x x Society Hill x x Soughegan River Vie...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Home Value Update for Merrimack NH Through September 2009 According to Zillow.com, the listing prices of single family homes and condos have remained flat in the last 3 months. The current mean listing price of homes for sale on the market in Merrimack, NH, is $249,400. Below is a chart of the trend of listing prices of homes for sale in Merrimack, NH, in the past year through September 2009: Median List PriceMore Merrimack Home Values   If you're looking for a home or condo to purchase in Merrimack, NH, or in the surrounding area, then try this home search. You can still buy a home with no money down with the USDA Rural Development Home Loan program. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. When you're ready to buy a home, find out how much ho...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Get a Free List of Websites of Government and Bank Foreclosure Listings in Merrimack, NH There are a number of websites that contain free listings of government and bank foreclosed homes in Merrimack, NH. These websites contain descriptions, color photos, and addresses of the foreclosed homes for sale in Merrimack, NH. And, most of these websites have government and bank foreclosure listings nationwide. There's no charge to search the foreclosure listings on any of these websites, and there's no 7-day free trial period either. Virtually all of these websites do not require any personal information to get access to the government and bank foreclosure listings. You can access these foreclosure listings anytime you want and as often as you want - free of charge!  Get your own directory of ...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
FHA, VA, and USDA Rural Development Loans in Merrimack, NH Are you looking for a home mortgage loan in the Merrimack, NH area? Then you've come to the right place! Northeast Community Mortgage is a mortgage broker serving Merrimack, NH, and many of the surrounding areas. When you decide to buy a home or refinance a mortgage in Merrimack, NH or in the surrounding area, your search for a home mortgage loan should start and end here.  With so many lenders to choose from in the greater Merrimack area, you should choose one you can trust to find the mortgage loan that will best meet your needs. As a mortgage broker, we help our clients obtain a loan from the lender who has the terms that best matches their needs. In terms of mortgage programs, we specialize in FHA, VA, and USDA Rural Develop...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
The Mortgage Interest Rate Lock Advisory for Merrimack NH for October 22, 2009 Here are some of the events affecting mortgage interest rates today in Merrimack, New Hampshire. What the Mortgage Backed Securities Market is Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.66 this morning - down 7/32 from yesterday's close ahead of the announcement of next week's Note auctions. The chart below shows today's price trend of the FNMA 30-Year 4.5% coupon: The FNMA 30-Year 4.5% MBS coupon is currently trading at 100.75 - up 3/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage interest rates. I expect that mortgage interest rates will be 0.125% - 0.25% worse in price this morning as compared ...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Merrimack, New Hampshire Real Estate For Sale - Affordable Homes Buying a home may be the most important investment an individual or family makes in their lifetime.  It is important to understand the process and to be aware of the industry professionals who can assist you.  The two primary advisers will be Realtors and mortgage lenders.  You must understand how much you can afford and what your budget will allow.  If you are a first-time home buyer, you may qualify for a tax credit($8000 in 2009) and could be eligible for special financing programs.  To take advantage of this program, you must close on the property you purchase by December 1, 2009. Mortgage Financing - A Loan for Your Home Most home buyers borrow the money to purchase property by obtaining a mortgage through a lender.  ...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Merrimack, NH Real Estate - NH MLS - Find Homes For Sale Industry professionals provide accurate information and proper advice that facilitates the home buying process.  Recommended professionals include mortgage lenders, Realtors, attorneys, home inspectors and accountants. If you are a first-time home buyer, you may qualify for a tax credit ($8000 in 2009) and could be eligible for special financing programs. Once you determine the price range, style, and personal criteria the property search begins.  Virtual Homes NH MLS map search is a great tool that provides mapping of all properties in the MLS.  Search by location, neighborhood and commuting options. For a map based search of all properties listed in the NH MLS go to Merrimack NH MLS Map Search  Let Merrimack NH real estate assis...
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By Acai Berry Select
(Acai Berry Select)
Why wait till Sunday to host an open home? Our Virtual Open Home allows buyers to visit the home online, interact with the floorplan, measure the space and get a bird's eye view in all directions - All on one page! Does your presentation do all that? If not, clients will look elsewhere.
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Merrimack New Hampshire Active Adult Living Communities The large yet quiet town of Merrimack, New Hampshire lies on the west side of the Merrimack River in eastern Hillsborough County. Just north of Nashua, Merrimack is a community of 27,000 residents who enjoy the nearby convenience of the second largest city in New Hampshire while living in a town that maintains an old country flair. Rich in agricultural history, this town has transformed from thriving farmland into a classic example of the many bedroom communities that have recently become home to many Massachusetts workers. Low taxes, easy commutes and the beautiful southern New Hampshire element are only a few reasons that so many people have made Merrimack their choice for living. Set halfway between Boston and the White Mountain...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Merrimack, New Hampshire Hot Listings Sell Fast - Don't Miss Out! Our FREE home search service saves you time and provides you with current inventory of homes available through the NH Multiple Listing Service (MLS) that meet your criteria. All Merrimack, New Hampshire real estate listed in the MLS will be provided including homes, land, multi-family and condominium listings. Home search is a web-based real estate software tool that keeps you continually informed of your local real estate market. Look at some of the features offered: *  Daily/real time alerts of new listings!     Delivered by email or thru your desktop. *  Direct access to the Multiple Listing System *  Advanced search capabilities including searching the remarks for items of interest (pools, barn, in-laws views, etc.) *...
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Merrimack, NH Real Estate Professionals