Wolfeboro, New Hampshire Year-to-Date Market Report – June, 2011
By Kathleen M. Kizer, Your Lakes Region Real Estate Professional
Wolfeboro’s Residential listing data reflects a increase in market inventory by 22.6% when compared to last year’s YTD stats. The United States Department of Labor – Bureau of Labor Statistics ranks New Hampshire as #3 in the Country with a more favorable unemployment rate of 4.6% - the low was measured in May of 1987 at 2.1% and the high noted in September of 1992 at 7.6%. Unfortunately this rate does not take into consideration the self employed contractors in the construction industry; that groups unemployment numbers are reported to be as high as 22%. National and global economic instability has caused many potential buyers to hold tight onto their purse strings in hopes for a brighter outlook in the future. Interest rates remain at a lifetime low, market values continue to soft...
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