New to the Market

Age is only a number.  This stately antique has had many updates and owners have lovingly renovated over the years.  If you are looking for the warmth and character of old with the freshness and appeal of today, then this is a must see.  This move-in ready home has so many pluses:  new roof, numerous windo replacements, new laundry room, new dining room, and a large custom built walk-in closet off the master bedroom, to name a few.  Cooking is a delight in the light and bright kitchen with stainless steel appliances.  Most recently completed is a bath to spoil you with luxurious marble and tile, a clawfoot soaking tub, and a walk-in shower with rain showerhead.  Enjoy summer evenings on the wraparound porch or meditate in the yoga hut tucked in the backyard.  The attached barn provides ample storage space or use for your four-footed friends.  Come live your dream with cherished yesterdays and gracious tomorrows.  Offered at $295,000.  For more photos and details, visit http://tour.circlepix.com/home/VXC9U3/516-ROUTE-114-Sutton-NH-4706482

Donna Forest, Listing Broker, 603-526-4116

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

Don't Settle for Less

DO NOT LOOK – unless you are prepared to fall in love with this captivating home!  It is like stepping into the pages of a Better Homes & Gardens magazine only nowyou can call it your own.   No details have been overlooked.  The dramatic cathedral ceilinged great room with fireplace will be the center of your entertaining.Handcrafted kitchen cabinets, granite countertops, stainless steel appliances; it is a kitchen that makes every inch count.   Sleek contemporary bathrooms, neutral colors, light filled rooms; all reflect an aura of simple but subtle elegance.  Step outside to find multiple decks all with tranquil views of the picture-book setting of garden, lawn and grounds just begging you to sit down and relax.  This home is easy to care for and effortless to close up for the winter to match any lifestyle.  If you are looking to downsize and simplify your life, this home might just be the one for you.  Offered at $385,000.  For more photos and details, visit http://tour.circlepix.com/home/MCPTD5/195-Shaker-Street-New-London-NH-4700569

Donna Forest, Listing Broker, 603-526-4116

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


How to Sweeten the Deal

Due to the lack of inventory, our market is seeing an increase in multiple offers on homes.  While this is exciting for sellers, it can be frustrating for buyers.  Below are some suggestions on how buyers can “sweeten the deal” in order to be the winning bid.

  • Obviously the offer with the highest price will get the sellers’ attention.  Be prepared to offer over asking price.
  • If your offer is contingent on financing, it’s possible the appraisal may come in lower than the selling price.  You can state in your offer you will pay the difference between the appraisal price and purchase price.
  • Find out the sellers ideal closing time and tailor your offer to meet that date.
  • Have as few contingencies as possible in the offer.
  • Consider using an escalation clause, offering to outbid another buyer by a certain amount.

Bottom line, you need to put your best foot forward with an offer that has the least number of contingencies, best price, and a large down payment to set your offer apart from others.  For more invaluable advice, contact me, an Accredited Buyer Representative, before you start house hunting.  603-526-4116, www.DonnaForest.com, Donna@DonnaForest.com

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

Looking for Income Property?

Live in one apartment and let the two tenants pay your mortgage!  Could also be converted back to a large single family home.  First floor unit (B) has spacious living room with oak floors and exposed beams, kitchen has a new floor and neweer appliances, updated bathroom.  First floor unit (C) has a gorgeous stone fireplace with woodstove insert and cozy loft.  Second floor unit (A) has two bedrooms, spacious open concept living area and washer/dryer in full bath!  Each unit currently has garage space.  Enclosed wraparound porch.  Ask me about the 100,000 yards of gravel if you're looking for some additional income.  All on almost six acres of level and rolling land!  Offered at $320,000.  For more photos and details, visit http://tour.circlepix.com/home/H7CG7X/51-Franklin-Highway-Andover-NH-4693083

Anne Marie Appel, Listing Agent, 603-526-4116

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

What is Up and Down at the Same Time?

If there are two things I would say about the real estate market today, it would be inventory is down and prices are up.  This is seen pretty much everywhere in the US as housing inventory decreased 8% from last year (through March) and listing prices are 8% higher.   Statewide, NH closed sales are about the same as last year, the median sales price is up 6% to $260,000 and the average days on market was 86 days.  Looking at Newbury, New London, & Sunapee combined, sales are about the same as last year through 3/31/18 (25 solds), the average days on market was 192 days and the median sales price increased about 15% to $392,000.  Despite fewer homes being on the market, buyer demand is strong enough to keep prices rising for the foreseeable future.  New listings will favor higher income buyers making it very challenging to find homes priced under $200,000.  Typically, our spring market will bring an influx of new properties for sale – we just need to have spring arrive!!  Contact me if you are thinking about buying or selling and want to know how the market impacts you.  603-526-4116, www.DonnaForest.com, Donna@DonnaForest.com

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

Charming Home on 10 Acres

This lovely home on 10 acres with three barns offers a quiet, peaceful setting on a dead end road. Forced hot air oil heat and whole house air conditioning. Heated sun room with windows on three sides serves as an office and/or extra sleeping space. Large master bedroom, full bath and guest room on second floor. Half bath on first floor. Views of Ragged Mountain beyond rolling field. Large barn is three stories with room for hay storage and equipment storage as well as stalls. Garage barn has room for two vehicles plus a workbench and storage above. Small barn is one open room with a lower level currently being used for equipment storage. Paved, level driveway. Less than a half mile to Bradley Lake with public access for swimming and boating. Short drive to Proctor Academy and Andover village.  Offered at $359,000.  For more photos, visit http://tour.circlepix.com/home/8MXWYK/65-Hall-Road-Andover-NH-4687251

Joan Wallen, Listing Agent, 603-526-4116

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

What's the Scoop on the Lake Sunapee Market?

Waterfront homes on Lake Sunapee have always been an intriguing and specialized market.  Even though Newbury, New London, and Sunapee share the lakefront, the uniqueness of each property along with the fact there really aren't that many homes along the shoreline, seems to determine the overall market.  In the past 7 years for example, the total number of waterfront homes sold each year hovered around 10, give or take.  In reviewing the sales in the past 3 years, the typical price breakout is about 8-10 houses selling for under $1 million, about 9 selling between $1-$2 million, 3 sales in the $2-$3 million and about one a year over $3 million.  

A few more statistics - in the last two years, the median selling price per square ft. was $574/SF.  In 2017, the average selling price was 99% of the asking price and in 2016 it was 89%. It took an average of 219 days to sell a lakefront home last year and 185 days in 2016.

As the saying goes, if you are lucky enough to own on Lake Sunapee, then you are lucky enough!  If you are looking to capture some of this serenity for yourself, then contact me to work as your buyer's agent!  603-526-4116, Donna@DonnaForest.com, www.DonnaForest.com

Figures are based on information from the New England Real Estate Network, Inc. for the period 1/1/11 through 12/31/17 and 1/1/15 through 12/31/17.

“Word of Mouth” is the best advertisement, and we love it when you refer your friends and family to Better Homes & Gardens Real Estate - The Milestone Team.

Who Are Today's Home Buyers?

The National Association of REALTORS conducts a survey* every year on recent home buyers and sellers.  Below are highlights on buyers from their most recent report.

  • 34% of buyers were 1st time buyers. 
  • The median purchase price of a home was $235,000.
  • 84% of buyers purchased in a suburb, small town or rural area vs. an urban area.
  • 83% of buyers bought a single family home.
  • 87% used a real estate agent.
  • 95% searched online.
  • 65% of buyers were married couples, 18% were single females, 7% were single males and 8% were unmarried couples.
  • The typical home purchased was 1870 square feet, 3 bedrooms, 2 baths and built in 1991.

Thinking of selling?  Contact me if you’d like to know how these facts could impact your sale.  603-526-4116, www.DonnaForest.com, Donna@DonnaForest.com

*2017 Profile of Home Buyers and Sellers – National Association of REALTORS

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

2018 Housing Market Starts Strong

After a record 2017 in the New Hampshire residential housing market, 2018 showed no signs of slowing with a brisk first month of the year. There were 911 closed sales in January, a 2 percent increase from the same month a year ago, and the median price of those homes was $260,000, a better than 5 percent jump from January 2017.  Click here for statewide January statistics

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

Banner Year for 2017

New Hampshire home sales continue on an upward trend and ended the year with the largest dollar volume of sales in its history.  It was 7% ahead of last year for a total of $5.5 billion in closed residential sales.  Below are some of the highlights reported by New Hampshire REALTORS.

  • The median sales price was $266,000, the 2nd highest in NH history and just $4000 off the historical high point in 2005.
  • The average days on market dropped to 68 days.
  • About the same number of homes sold in 2017 as 2016.
  • The average % of list price received was 98%

To put a more local spin on it, below are some stats for New London, Newbury & Sunapee combined:

  • The median sales price was $345,000. ($372,500 at peak in 2005)
  • The average days on market was 127 days.
  • 203 homes sold, the average % of list price received was 96%.

Whether buying or selling, contact me to see how the market impacts you!  Donna Forest 603-526-4116, Donna@DonnaForest.com, www.DonnaForest.com

Figures are based on information from the Northern New England Real Estate Network, Inc. for the period 1/1/17 thru 12/31/17

“Word of Mouth” is the best advertisement, and we love it when you refer your friends and family to Better Homes & Gardens Real Estate - The Milestone Team.