Rochester, NH Real Estate News

By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Rochester, NH Market Trend We are looking at homes sold data for the last four years in Rochester, NH to determine the market trend. We see that 2007 was a good year for home sales in Rochester and the significant decline in sales at the start of the "Great Recession" in 2008.  2009 saw an increase as part of the now expired Federal Home Buyer Tax Credit which ended in early 2010.  Home sales dropped off again in 2010 due to many uncertainties with the economy.     Demand For Rochester, NH homes In 2007, homes were on the market an average of 107 days.  With the "Great Recession" entrenched in 2008, homes were on the market two weeks longer and in 2009 three weeks longer.  In 2010, with less homes sold, they were selling in 100 days, one week sooner than in 2007.  One could conclude tha...
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By Bill Somerset, ABR, e-PRO - Realtor - NH Real Estate Agent
(Re/Max Realty Group)
Coberly Landscaping Established in April 2010, Cobelrly landscaping is located in Rochester New Hampshire.  Thom and April, a husband and wife team, collaborate to create a beautiful landscape in your yard.  When I called them this past summer I told them my yard was not too large, only about 1/4 acre total, the response, no problem Bill, no job is too big or too small, we treat every job very importantly. Why highlight a landscape company located in New Hampshire during the winter?  Because Coberly landscaping also offer snowplowing during the winter! I know first hand the great jobs they do for the winter also.  This past week, January 18th, New Hampshire was bombarded with another large storm.  We were expecting up to 6 inches of snow, them it was turning in to sleet and freezing rai...
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By Bill Somerset, ABR, e-PRO - Realtor - NH Real Estate Agent
(Re/Max Realty Group)
Check out what I saw on my way to the office yesterday!     I caught a quick glimpse of this big guy on Blackwater Road in Rochester New Hampshire yesterday, Thursday, October 21st.  I was on my way into the office, on a back road and saw this big Bull Moose grazing in a large pasture on the side of the road.  At first glance I though it was a horse from the adjacent farm.  I quickly stopped my truck and backed up to take a second look.  Sure enough, it was a large Bull Moose.  If I had to guess, he was probably around 7 to 7 1/2 feet tall and about the length of my Chevy Trailblazer.  He was a big one!!! I had seen several moose in the wild in the past, just not close to where I live or work.  Rochester is one of the largest cities in the Seacoast region of New Hampshire, and encompass...
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By Bill Somerset, ABR, e-PRO - Realtor - NH Real Estate Agent
(Re/Max Realty Group)
Does your agent have a marketing plan? In today’s current real estate market, it’s more important than ever that your agent has a marketing plan. The days of listing a home for sale and only placing a sign in the front yard are long gone. Homes for sale in today’s market need to be marketed and sold to buyers. A good agent will form a powerful team with his or her clients that makes it possible for them to have a smooth, stress-free transaction. A good agent will be up-front with his or her clients and set an expectation as to how, when, and where the listing will be advertised and marketed. There are many avenues agents can use to market a home. Most agents will use a steady stream of web advertising, coupled with hyper local print advertising materials. The mark of a good agent is how...
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By Bill Somerset, ABR, e-PRO - Realtor - NH Real Estate Agent
(Re/Max Realty Group)
AVA-WHO? AVALAR Avalar Advantage Real Estate, that's who!  REAL PEOPLE. REAL SERVICE. REAL ESTATE. Avalar Advantage Real Estate, is the new office, located in Rochester New Hampshire.  You can find us at 160 Washington Street, suite201. YOu can contact our office at 603-948-1600, and the website is www.avalarnh.com    We are a full service real estate office, offering both buyer and seller representation in both New Hampshire and Maine.  I am very excited about the new office and could not be happier with my move to the new office. I have been a licensed sales Associate for almost 7 years now and have seen several different real estate office and different companies.  Avalar by far seems to be the best out there. I look forward to speaking to you soon about any and all of your real esta...
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By Bill Somerset, ABR, e-PRO - Realtor - NH Real Estate Agent
(Re/Max Realty Group)
As the title has stated, I have made a move to a new company!  A move I had been contemplating for quite some time now, I felt this was the time to move.  I had been with the Century 21 system for almost 7 years and loved what it offed with brand recognition and public awareness.  The system and technology just did not fit my needs anymore. This week, on Monday I made my move to Avalar Advantage Real Estate.  Located in Rochester New Hampshire, Avalar is a new company to the area and brings a fresh, and innovative prospective to real estate. Avalar Advantage Real Estate was formed this year by partners Ryan Thomas, and Ansel Crombleholme II.  I am still offering the same great service to all of my buyer and seller clients, just under a new name.  You can still reach me anytime by callin...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Rochester NH Real Estate Report September 2010 We are looking at homes sold data for the last four years verses the last twelve months to determine the state of the market in Rochester, NH.  There were 472 homes sold in 2006 with average days on market of 73.  A 29% decline in homes sold for 2007 at 339 with days on market up 34 days to 107 days.  2008 saw another down turn of 23% less homes sold at 262 and days up another 14 for a total average of 121 days.  While the Federal Home Buyer Tax Credit was established to prop up a sagging market in 2009, 22 more homes sold at 284 and time on the market up another week at 130 days.  In the last twelve months, we see homes sold fairly steady at 282 but they are moving much faster at only 96 days on market. Rochester NH Real Estate Average Sal...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Rochester NH Real Estate Market Activity August 2010 Let's look at homes sold data for the last four years verses the last twelve months.  In 2006, 472 homes were sold in Rochester with an average of 73 days on the market.  2007 saw a 28% plunge in the number of homes sold to 339 and an increase of 60% more time on the market at 117 days.  Another 23% less homes sold in 2008 at 262 but they sold quicker with average days being 89.  2009 posted an 8% gain with 22 more homes sold at 284 and those homes took 37% longer to sell with 122 days on the market.  In the last 12 months, the number of days on the market fell to 100 days and we have seen 288 homes change hands. Rochester NH Real Estate Average Sales Price The average selling price in Rochester was $195,804 in 2006.  At the peak in 2...
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By Bill Somerset, ABR, e-PRO - Realtor - NH Real Estate Agent
(Re/Max Realty Group)
ROCHESTER — The Rochester Rotary's "Back-to-School Clothing Give-Away" is taking place this Saturday, Aug. 28 at the Rochester Community Center. The event is open to all Rochester area families with school-aged children and is being held in Community Room from 10 am to 2 pm.. Due to long waiting lines at last year’s event, this year attendees will be able to register ,starting at 8 am, and will then be assigned a specific time to return between 10 am and 2 pm to “shop.” Identification will be required only for verification that the registrant and the family returning later are the same individuals. Attendees should also be aware that entrance to the event will be only through the interior of the building, no entry will be allowed through the back doors from the parking lot. Thanks to th...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Rochester New Hampshire Foreclosures, Short Sales and Bank Owned Homes for Sale Purchasing property at a Rochester NH foreclosure auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at the auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property. A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price. Register at Rochester NH foreclosures (bank-owned) listings and short sale opportunities. We will contact you and provide: ...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Rochester, New Hampshire Real Estate and Homes for Sale - All MLS Listings  The Rochester 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 Rochester 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. Rochester NH real estate site heps you in finding the right property to mee...
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By Bill Somerset, ABR, e-PRO - Realtor - NH Real Estate Agent
(Re/Max Realty Group)
The Rochester New Hampshire Department of Public Works is participating in a statewide sale of backyard compost bins in celebration of Earth Day 2010. The Rochester New Hampshire DPW is offering compost bins, kitchen scrap pails and Systern rain barrels at discount prices through March 26. According to the DPW, about 25 percent of the average household's waste consists of yard trimmings and kitchen scraps that can be easily composted. Residents can save $65 for every ton of waste they compost because it does not have to be shipped out of town for disposal. The sale offers at a discount tools that can turn those scraps into a rich soil amendment. The DPW offers a home compost bin and how-to guide with a combined retail value of $100 for $42. The black bins are made of 100 percent recycle...
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By Bill Somerset, ABR, e-PRO - Realtor - NH Real Estate Agent
(Re/Max Realty Group)
September 18th through the 27th, 2009 One of the oldest NH fairs, the Rochester Fair is filled with live music and entertainment, monster car shows and races, amusement park and carnival rides, and plenty of delicious fair food.  Since 1874, features fun for the entire family including children's activities, entertainment, music, rides, horse show, harness horse racing, livestock competition, and exhibits, commercial vendors, a wide variety of food and attractions.  
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By Bill Somerset, ABR, e-PRO - Realtor - NH Real Estate Agent
(Re/Max Realty Group)
The Greater Rochester Chamber of Commerce is pleased to announce that Boston Bruins veteran Terry O'Reilly will sign autographs at the Greater Rochester Chamber of Commerce Small Business Expo & Taste of the Chamber on Thursday, May 14, at the American Legion Post 7, 94 Eastern Avenue, in Rochester.Sponsored by KG Sports & More of Rochester, O'Reilly will be on hand from 5:30-7:30 p.m. Any item may be used for autographs. O'Reilly served the Boston Bruins as #24 in the 1970's and 1980's and later coached the team. At the Expo, guests will also have the opportunity to visit 50-plus local business booths to learn about the products and services that they offer.A Taste of the Chamber featuring complimentary hors d'oeuvres and food items are being provided.The event is open to the public a...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Rochester, New Hampshire Real Estate Rochester, New Hampshire is located in southeastern New Hampshire and is known as the Lilac City. It is the largest city in the seacoast region and fourth largest city in New Hampshire. An ideal setting for new businesses and residents alike, the city is conveniently located, serving as a gateway to New Hampshire's famous Lakes Region, the White Mountains with its ski resorts and the Seacoast with its superb beaches. Whether covered with its famous lilacs in the spring, wildflowers blooming in the summer, spectacular autumn foliage or fresh-fallen snow, the Rochester area is a scenic delight. Rochester enjoys many of the conveniences of a prospering city combined with the delights of small-town New England traditions. The arts are alive in the city w...
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By Sue Melhorn, Licensed in NH, ME and FL!
(The Bean Group)
Although the real estate market was tough in 2008 as you will see below, 319 homes sold in Rochester.  People still have to move and homes still do sell regardless of the market.  With that said, here is A Little Perspective on the Real Estate Market: •  More than 1000 banks closed in 1930 (three years before the FDIC was created) BUT Only 14 banks have been taken over in 2008, •  There are 76 million households in the US that own their home--24 million of these homes are owned free and clear, •  There are 52 million homes with mortgages in the US;  97.2% of these are not in foreclosure AND 93.8% of these homes are current on their payments. Unfortunately... •  Over 20% of people with a mortgage owe more than their home is worth •  40% of all homes in foreclosure are non-owner occupied ...
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By Sue Melhorn, Licensed in NH, ME and FL!
(The Bean Group)
Lawrence Yun, NAR chief economist noted in October that, "A trend away from subprime mortgages to FHA loans, which often carry much lower interest rates, is a positive development for consumers and the house market going forward.  Still, it will take some time for the change to yield a measurably higher closed sales volume in the aftermath of the subprime collapse.  In the near term, we expect home sales to remain fairly stable."  As real estate markets are local, here's what happened in the Rochester market in October:   31 homes sold in Rochester in October: - 23 single family homes, -   4 condos, and -   4 mobile homes.  Year-to-date, 274 homes have sold in Rochester, NH: -180 single family homes -  41 condos, and -  53 mobile homes  In addition, 28 Rochester homes are pending with a...
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By Sue Melhorn, Licensed in NH, ME and FL!
(The Bean Group)
As you may guess, I receive many requests from friends and associates for referrals to professional trades and services - everything from painters to attorneys.  Because I've received these requests, and because I operate my own business by referral, I have compiled a Business Referral Directory that lists the finest individuals and companies serving our community.  You can check out this new directory anytime on my website, www.SeacoastHomesForYou.com.  I hope you enjoy this directory and if you or someone you know would like to be a part of it, please give me a call or drop me an email. Now let's take look at what is going on in the market locally...  36 homes sold in Rochester in September: - 24 single family homes, -   3 condos, and -   9 mobile homes. Year-to-date, 243 homes have s...
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By Robert Gagnon
(RE/MAX Executives)
It's that time of year again!  The Rochester Arena is open once again and offering some public skating nights for the end of September.  The dates are as follows: Friday Night Skate Friday, Sept 26 7:00-8:50pm Rochester Arena Bring the whole family to skate. Little kids, big kids - everyone loves to skate. Great family activity. Skate walkers available.  $4 per skater/ $4 rentals / $4 sharpening.  Children 4 and under skate free. Discount punch card available - 10 skates for $30.     Back to School Skate Saturday, Sept 27. I t may be fall outside, but it's already winter inside the Rochester Arena. Come skate with your school friends and have a blast. Grades 1-5 from 5:30-6:30pm Grades 6-12 from 6:40-8:00pm Discount rate of  $3 instead of $4 per skater.  Bring your skates or skate renta...
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By Robert Gagnon
(RE/MAX Executives)
Have you ever wanted to sing in a choir?  Rehearsals for the choral society will begin on Sunday, September 7, 2008 at the First Church Congregational, Rochester, NH from 4:00 - 6:30. Registration begins at 3:30 on Sept. 7. There are no auditions and everyone is welcome to sing. Performances are scheduled for Nov. 8 & 9, 2008.  Event is on: Every Sun Audience: All Welcome Category: Arts and Entertainment Location: Rochester, NH Address: First Church Congregational, South Main St., Rochester, NH Hours: 4-6:30pm Cost/Cover: Membership fees apply Web Page: http://www.gschoralsociety.org Contact Info: email Donna Downes at kdld@metrocast.net, or call 207-457-1576  
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