Hillsborough County, NH Real Estate News

By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
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 ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
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...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
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...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
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...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
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....
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
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...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The amount of Single Family homes on the market rose slightly last week in the Manchester NH area. The amount of condominiums For Sale once again dropped last week. The amount of Single Family homes going under contract increased last week with condos near the same. We dug deeper into why Condo owners are not selling. Many think they can not afford to move to a new single family home. Many change their minds when i show them what their condo is worth. A newer trend is a sharp decrease in multi family home sales. Over priced properties seems to be hindering some sales.   Many Home Owners are realizing NOW is the time to sell as they can still get a really good price for their home. Many would be Home Sellers are hearing the difficulties some current home sellers are having. Homes not se...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The amount of Single Family homes on the market rose again in the Manchester NH area. The amount of condominiums For Sale dropped again last week. The amount of homes going under contract last week was near the same. Local lenders are getting creative with First time buyers whom many find it way less expensive to buy then to pay rent.     Last week remained busy with consumers requesting to see homes for sale and home owners thinking of selling realizing now is a great time to sell a home. Many more relocation buyers reached out for information on NH homes after being offered a great high paying job in NH.       One of the MOST ASKED QUESTIONS IS "What types of changes are we seeing with new offers?" Just a short couple of months ago an offer would have to be at or above asking price. ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are happy to announce this 2 Family Home in Manchester NH has gone Under Contract. There are two (3) Bedroom apartments. Currently owner occupied and well cared for.  Located on a nice double lot.      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: $469,900 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 take the time to hire the BEST not just the biggest Agent or Company. It is i...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
A new trend started here in the Manchester NH area Real Estate market last week. The amount of Single Family homes on the market rose sharply last week. The amount of homes going under contract fell slightly. The amount of Condo listings fell slightly. Having more homes on the market is actually a good thing. The amount of sales has been kept low basically due to a lack of homes to sell.     Last week was one of one of the busiest weeks n Real Estate since last spring. Consumers are realizing that despite the media sensationalizing the Real Estate Market. Now is a great time to sell a home. Many would be buyers are also realizing now is a good time to buy. First Time Buyers looking at the cost to buy a home is so much less than the cost to rent in many cases. Seniors are ready for one ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
We are happy to report this 2 Family Home at 989 Valley Street in Manchester NH has gone UNDER CONTRACT. 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 Clicking H...
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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 remained near the same here in the Manchester NH area. The amount of homes going under contract also remained the same as last week. Those stats show us the market has remained steady which is good.   Interest rates are fluctuating and that means there are options for buyers. We can assist you to get pre qualified at no charge with a local and trusted loan officer. They can show you how much of a mortgage you can get. What sales price you should be shopping in and what the amount of money you may need for down payment and closing costs.     Many people do not realize that many sales are still "CASH". Most buyers selling their current home and taking those proceeds to buy a new homes. Interest rates do not affect these types of purchases. ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The average days on market for Single Family homes currently listed rose from 9 to 38 days here in the Manchester NH area where. The average days on market for Condominium's currently listed rose from 12 to 29 days. The good news, is the amount of both Single Families and condos going under contract last week, remained steady and strong.   The amount of new Single Family home listings that are coming on the market remained steady. The amount of new Condominium listings coming on the market rose once again.   Interest rates rose sharply, however there are several options for buyers to get lower rates. Let us explain "rate buy downs", FHA, VA, NH Housing and Adjustable rates and how they could benefit you. We can assist you to get pre qualified at no charge with a local and trusted loan ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
COMING SOON this 2 Family Home in Manchester NH. 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.  Be the first to see this home...SHOWINGS START Friday 9.30.22    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: $430,000 Built in 1910 5 rooms, 3 bedrooms and 1 bathrooms EACH ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Everyone wants to know what we see in the future for the Manchester NH area Real Estate Market. Let me grab my Crystal Ball and show you the shocking trends in our market. Lets take a look at Sales for 2022 vs 2021 in both Single Family and Condominium homes here in Manchester NH.   There was 230 less Single Family sales in 2022 than in 2021. The average Sales price for Single Family homes is $69,073 (17%) more in 2022 than 2021.   There was 99 less Condo sales in 2022 than in 2021. The average Sales price for Condominiums is $30,400 (11.4%) more in 2022 than 2021.   SUMMARY: The sharp rise in interest rates in July smothered the booming market and nearly all but stopped most August Closings. September saw a sharp rise in new listings and pending sales. The "Fall Market" has been stron...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The amount of new single family home and Condominium listings coming on the market remained high last week. Interest rates rose sharply, however the amount of homes going under contract was near the same as last week in the Manchester NH area Real Estate Market.   The "Fall Market" has been very strong despite interest rates. The amount of people asking about selling their home and what we may see in the next year sky rocketed. By far now could be the best time to sell for homeowners. In a normal market the fall market seems to end not long after Halloween.   The amount of home entering in the foreclosure process inched up. If you are behind in your payments there may be help, just reach out so I can go over your options. Don't let the bank take your equity.   On another note the amoun...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Real Estate is not just a job, it is an adventure. Starting when i turned 18, Real Estate has also been my life. It is a life filled with adventure. Adventure means stories... and i have lots of them, good, bad and the ugly. Lessons learned and advice taught. But last year I was not ready for what happened, who knew walking onto a deck would change my world. My foot went through and down i went, breaking my leg in 3 places, breaking my ankle and hurting my knees and back. I spent last summer recovering but not like many would think. I was down and out for a month after surgery. But then right into PT and back to work. At first a tried an ALL TERRAIN KNEE SCOOTER. Although it was kind of fun at first, it does not do stairs and crutches hurt after a while. By fall i was off crutches and w...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The amount of new single family home listings coming on the market doubled this week. The amount of condominium homes coming on the market tripled last week. The amount of homes going under contract has reduced slightly, but remains near the same in the Manchester NH area Real Estate Market.   The "Fall Market" is here. Typically the fall market can be as great as the spring market in an average year. Labor day week brought a giant slow down, but last week did show a great change with an increase in listings and bringing up the amount of pending sales. The hard truth could be NOW is the time to list your home before the market slows again come Halloween.   There was a sharp increase in home owners inquiring if they should sell or not. What will happen to prices? How long it would take ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
When it comes to Real Estate is one way of practicing better than another? Let me share how a recent offer went. I got a desired new listing and came up with a great marketing plan. I set up a dozen showings for the first couple of days. I was there showing a couple when a Buyer agent showed up for the next showing. I finished up with the previous buyers and she came over to talk. I introduced myself as the listing agent and let her know to let me know if they had any questions i would be outside out of their way. She surprisingly told me "how happy she was that i was young and was sure to practice real estate like her." She told me this was her first year in the business and how she saw how the market would be in the future. I am happy i still look young i guess as starting when I was ...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
I am proud to announce that this property has SOLD and is now CLOSED. Multiple offers in 4 days and Closed in only 12 days. Congratulations to the sellers who were a pleasure to work with. I can help you sell your property too - A 2 Family home just listed in North Manchester. Located on a double lot this home has only had one owner. Has been lovingly maintained. Featuring a 2 car detached garage. Newer windows, roof and furnace. Hardwood floors.  5 rooms, 2 bedrooms and 1 bath per floor. If you want, convert the dining room int a 3rd bedroom.     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...
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