Sunny One Level Contemporary!

15 Juniper Lane, Wilmot ~ 3 BR, 2 BA

One floor living! Appreciate the ease and comfort it brings...and enjoy the privacy of being surrounded by nature. Tucked in on 2 acres, the location is private and peaceful yet not far from downtown New London. Not your cookie cutter ranch, this inviting sunlit home offers vaulted ceilings with large windows and sliders, birch floors in the main living area, a gas fireplace for cozy gatherings, a generous sized kitchen open to the dining/living area, and a sweet breakfast nook perfect for morning coffees. Enchanting garden spaces around the exterior of the house will surprise and delight you all season long. And let’s not forget about the front porch, which beckons for a relaxing sit after a long day. If you are looking for that one special place where coming home is as comforting as a cup of hot cocoa and fuzzy slippers, then give this one a look!


Donna Forest, Listing Broker ~ donna@donnaforest.com ~ 603-731-5151

Why the Housing Shortage?


Buyers are crying and realtors are pulling their hair out in this competitive housing market. There simply are not enough homes for sale to meet current demand. Why? Here are some of the major reasons.

The housing shortage has been brewing for a long time. After the 2007-2008 financial crisis, builders mostly stopped building. There was less demand and financing for these projects was harder to get. On top of this, builders have a hard time finding labor. Many left to find other jobs after the downturn and fewer people are now going into the trades.   

The cost of lumber and building supplies has nearly tripled. Lumber companies shut down during the pandemic and when they came back, production was reduced as much as 50%. They underestimated the housing surge as well as the increased demand in remodeling. Trump era tariffs on Canadian lumber did not help.

It’s a tsunami of events where unprecedented demand has collided with this period of under production. Millennials are now at the home-buying age, COVID has changed job markets, investors are buying 20% of all homes in the US, and there has been an increase in vacation home buyers. Builders are making progress but it will take some time to catch up. The housing market will not be changing much in the foreseeable future.  Whether buying or selling, contact me to put my 27 years of knowledge to work for you.

Donna Forest ~ donna@donnaforest.com ~ 603-731-5151

Real estate markets are local, and we have the real scoop on ours.  Better Homes & Gardens Real Estate - The Milestone Team


Idiosyncratic Eastman Contemporary!

Looking for more personal space?!  Explore all of the delightful nooks and crannies in this multi-level Eastman contemporary. It provides all the private areas you could ever want, from the perfect hideaway in unique crow’s nest to a huge office over the garage to a craft room in the lower level (with potential for more), and there is plenty of elbow room.   Privately tucked back from the road, you will enjoy quiet and relaxing surroundings.  This light and sunny retreat has much to offer – granite countertops, stainless steel appliances, a welcoming fireplace in the living room, a family room with extra warmth provided by a woodstove, a 4-season sun porch, a deck meant for lazy summer afternoons, incredible storage, and more.  Be sure to check out the 3D tour!    

Offered at $595,000

Listing Broker: Donna Forest ~ 603.731.5151 ~ donna@donnaforest.com 



What is a Seller's Market?

Unless you live in a cave, you’ve probably heard multiple times it’s a sellers’ market and a great time to sell. So what does this really mean? Historically a balanced market has a 6-month supply of homes for sale in which there are enough homes available for active buyers. The most recent report (February) from The National Association of Realtors (NAR) shows the US inventory at just a 2-month supply. NH had less than a month’s supply and new listings were down 23% YTD thru Feb. compared to 2020. As a result of this increased competition, properties sell quickly and for much higher prices than we would typically see in a more normal market. Sellers are in prime position to best negotiate price and terms favorable to them. The median sales price in NH (thru 2/2021) was $350,000, up almost 23% for the same months last year. I have been in real estate here for 21 years and have never seen a market like the one we are experiencing. Will it last? Well my crystal ball says probably not. Lawrence Yun, NAR’s chief economist, cautions of a possible slowdown in growth in the coming months as higher prices and rising mortgage rates cut into home affordability. Having said that, forecasters are predicting prices, on average, to appreciate almost 6% in 2021. If you are considering selling, contact me to find out why this is the ultimate time to be a seller!

Donna Forest ~ donna@donnaforest.com ~ 603-731-5151

You’ll be moving in the right direction with Better Homes & Gardens Real Estate - The Milestone Team.

2 Minutes to Newbury Harbor - 5 Minutes to Mt. Sunapee!

Come visit this 5 acre piece of land, located in the nature lover's paradise of Newbury, New Hampshire. At first glance you'll see that there are 200 feet of valuable frontage on Route 103A, a highly popular roadway in the region that traces the edge of Lake Sunapee and connects the quaint recreational town of Newbury with the nearby cultural hub of New London. And since we're on the topic of location, let us ask, what more could you desire? If it is lakeside lounging or a boisterous round of boating that you seek, this land is 2 minutes from Newbury Harbor; if it be snowy ski slopes or a warm weather adventure course, it is 5 minutes from Mount Sunapee; and, last but not least, this parcel is a mere 12 minutes from New London Town Center, which boasts a hospital, supermarket, college, and a slew of shops, offices, eateries, and sights. 

Let's return to this lot, which is a treasure in and of itself. Venture your way up the roughed-in driveway, and take your time exploring this swath of territory which could be yours to cultivate as you please. Ponder the possibilities. Marvel at the history contained in this piece of land, such as old stone walls, an mossy touch left behind by Lake Sunapee Region's farming ancestors. Let your boots wander their way up to the back of the lot - here you might glimpse a secret little snapshot of Mt. Sunapee. It plays a coy game of peek-a-boo as the seasons fade one into another, the leaves blooming dewy green and fading antique rust, then reposes still for a breath, daubed in its winter tapestry of dark pensive blues, sparkling whites, and booming grays. 

Contact Listing Agent Emily Campbell today to set up a showing. 603-491-4024; emily@bhgmilestone.com. 

Real estate markets are local, and we have the real scoop on ours.  Better Homes & Gardens Real Estate - The Milestone Team


Back and Better Than Before!

This excellent opportunity is back! One of very few 1-bedroom units at the highly sought-after Hilltop Place. Simplify your life with this comfortable single-level condo. This low-maintenance unit contains separate living and dining rooms, kitchen, bedroom, and one bath. Side sliders open to a sunny open field between units. Decent storage. Detached one car garage with opener and storage above. Enjoy the phenomenal location -- you're tucked in a cozy community, yet you're also a blink-and-you'll-miss-it drive away from New London Town Center, with grocery store, post office, and hospital. If you're feeling spry you could even walk into town; it's that close!

 

Listing Broker: Marilyn Kidder - marilyn@bhgmilestone.com - 6035264116 

Offered at $133,000

Hilltop Fees:  $715/month   Buyer buy-in fee (6x the monthly fee):  $4,290


Teamwork from the Team that works –Better Homes & Gardens Real Estate - The Milestone Team



Don't Miss Your Chance...

...to live in New London! This log home is situated in a private neighborhood setting, a mile's walk from Elkins Beach on Pleasant Lake. Enjoy the peace of 4+ wooded acres, and at the same time the convenience of a few minutes' drive to New London Town Center. There's a first floor master bedroom, as well as 2 bedrooms on the second floor. Down in the walk-out basement, you'll find 2 finished bonus rooms and a workshop. Enjoy every season -- this log home has 3 woodstoves, a screened porch, a massive deck, and a generator. Don't wait too long! Call Anne Marie Appel today to see this charming house that could be yours! 

Anne Marie Appel, Listing Agent

(603) 526-4116 (O)  (603) 454-7019 (C)

annemarie@bhgmilestone.com   www.mynhlife.com


You’ll be moving in the right direction with Better Homes & Gardens Real Estate - The Milestone Team.






Hindsight is 2020

If only we had a crystal ball last January to predict what the year would be like. There are so many words to describe 2020 – unprecedented, challenging, surreal. It’s the year we lived our lives online. But amazingly, the housing market gained strength after hitting pause in March & April and 2020 became a record-breaking year in residential sales. The demand for housing was driven by low mortgage rates, millennials reaching prime home-buying age, changes in housing needs, and the ability to work remotely.

Nationwide, the median selling price (through11/2020) was up 14.6% from 2019 to $310,800. In NH, the median selling price for 2020 was up 11.7% to $335,000. The average days on market was 47 days and homes basically sold for their list price. Despite the fact there had never been that many homes for sale at one time, the volume of sales was up 4.6% statewide. In New London, Newbury & Sunapee combined, sales were up from a total of 218 solds in 2019 to 238 homes sold in 2020 with a median selling price of $429,500 (compared to $378,750 in 2019). The housing market is expected to shine in 2021 and continue to have a positive impact on our economy. If you are wondering if now is a good time to buy or sell, feel free to contact me for a no pressure conversation on what the best plan of action is for you. Donna@DonnaForest.com; 603-526-4116 (O); 603-731-5151 (C).

Better Homes & Gardens Real Estate The Milestone Team - Teamwork from the team that works the hardest for both buyers and sellers!

Your NH Escape Waits for You Here!

Check out this fabulous, tastefully renovated North Peak Condo. It's just minutes from Mount Sunapee, the State Park Beach in Newbury, and all the great outdoor activities in the Sunapee Kearsarge Region. Ready to go - move right in with no projects to tackle!



This charming condo features multi level living, with 3 bedrooms, 2 gorgeous tiled baths, maple floors, new appliances, and a very private wrap around deck to enjoy the outdoors.



Cool down with air conditioning on sticky summer nights, and chase away the winter chill with a gas fireplace. Descending to the lower level, the newly carpeted recreation room provides many options. Right out the front door is a short walk to the community pool or nearby tennis courts. Enjoy the convenience of trash removal and on-site mail delivery, as well as the low Newbury taxes. What are you waiting for? Your Carefree NH Escape is calling you!



2B North Peak Village, Newbury $349,900


Anne Marie Appel, Listing Agent, 603-526-4116, mynhlife.com 

Housing Market Still Provides Holiday Cheer for Sellers

When I’m asked how the market is these days, my typical response is “we need more houses to sell!” As of 12/15, for example, there were only 6 homes for sale in New London and 6 in Sunapee. There are fewer homes for sale in the U.S. today than ever recorded in data going back nearly 40 years. Lawrence Yun, chief economist at the National Association of Realtors, stated that we are simply facing a major housing shortage. The lack of homes to sell has pushed prices up everywhere. The median selling price through November in New Hampshire is $334,000, up 11.3% compared to 2019. It's basic economics — a lack of supply pushes up prices, whether you're talking about toilet paper or houses. Sellers will continue to reap the benefits as prices are predicted to increase around 5.7% for 2021. 

Why the shortage? Homeowners are staying longer in their homes (13 years on average). Also, after the 2008 housing crash, many smaller builders went out of business. Those small companies built a lot of homes. Most recently, the price of materials more than doubled during the pandemic (though prices have been dropping) and wildfires in the western US caused supply shortages. "Builders cite a lack of lots and decreased availability of building materials as headwinds that will limit production," says Robert Dietz, chief economist for the National Association of Home Builders. Bottom line, if you’re thinking of selling, no need to wait for spring. Buyer demand is still strong! 

Contact me to list your home today: 603-526-4116; www.DonnaForest.com; Donna @DonnaForest.com

You’ll be moving in the right direction with Better Homes & Gardens Real Estate - The Milestone Team.