General NH Real Estate

March 22 Open House! 30 Currie's Way, Brookfield

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This home, located in a new subdivision just off a quiet country road in Brookfield, New Hampshire, has curb appeal galore. Its four thousand square feet of living space is chock full of high-end upgrades: custom cabinets in the kitchen along with granite counters and a center island ... huge stone fireplace in the living room ... custom molding and a custom staircase ... radiant heat in the basement and first floor ... insulation even in the interior walls. Wood floors run throughout the first floor. The kitchen and bathrooms are all granite and tile. You can choose a master bedroom on the first floor or the second. The floor plan is open and spacious, built-in bookshelves stand at the ready for your collections, and there is a luxurious master bath. A nice deck overlooks the two acre property. A lot of thought went into the design and building of this house, and it shows.



A few words about Brookfield ... a small town settled in the late 1700s, it exists mainly because of the building of the Governor John Wentworth Road from Portsmouth to his summer mansion in Wolfeboro. By the 1780s settlements had sprung up along the northern side of the Moose Mountain range and up Tumbledown Dick, a mountain named for Oliver Cromwell's ill-fated son (I have yet to research how that fact is tied to Brookfield, but it is interesting; if anyone knows the answer, please let me know). Over the years Brookfield was home to grist, bobbin, cider, saw and shingle mills; also tanneries and blacksmiths, inns and shoemaker shops. Today its Town House is on the National Register and it is within the Governor Wentworth Regional School District. Shopping needs are met in Wolfeboro, Wakefield and Rochester.


This home's location provides easy access to Route 16, the main north-south commuting road in these parts. If you're looking for all the comforts of home in a rural community that has resisted the commercial development that has affected so many other towns, come visit us this weekend. The house will be open from 12:00 to 3:00 on Saturday, March 22, and the price is $439,000. For more information and photos, go here. We'd love to see you!



Lake Winnipesaukee Real Estate Update 1st half of 2012

Eye on Winnipesaukee

Lake Winnipesaukee Real Estate | Market update 1st half 2012


There is been positive activity on Lake Winnipesaukee in 2012, but mostly in the under one-million dollar category.  The number of sales in the first half of 2012 almost doubled over last year!

Well, Mitt Romney is here this week and I here Jimmy Fallon is too, which means more exposure for our wonderful region.

Lake Winnipesaukee Market Update

Lake Winnipesaukee Real Estate Market Stats

Signs of continued recovery

We have been watching the Lake Winnipesaukee Market very closely and through the first quarter of 2012 the trend continues to be more sales in the lower end. Having the volume of sales increase shows that demand is still there for waterfront properties, so values will follow. The other sign of recovery is the volume of sold listings, we saw the total volume of listings sold jump from $8,657,000 to $9,835,000 in the first quarter of 2012 as compared to 2011.

June is first of the big closing months in the Lakes Region, so we will soon see what type of year it is going to be. I have heard of a number of properties going under agreement and anticipate some more positive movement.

Click on the graph to see it full size...


Interesting Poll

I sent a survey to 350 realtors in the Lakes Region requesting the number of "Active Lake Winnipesaukee Buyers" they were working with as clients. I stressed active because I wanted the number to be relevant to the current market place. The results were interesting and prove there is a pent up demand. There are 171 people actively looking for a special spot on the Lake.  This number represents just under 10% of the realtors responding to the survey.

Lake Winnipesaukee Real Estate Market Stats

I didn't listen to my Realtor.....Me

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Yes, it is a great time to buy and I am not just saying that..... We are purchasing a condo in Ski Country...Bretton Woods. I am representing myself and our partners in the purchase. It is a short sale and it has had all the fun associated with getting a short-sale offer approved by the bank. Being a realtor, it is great to go through the buying or selling experience every once in a while to regain perspective on what your clients have to deal with during the process.

As we enter the home stretch on the road towards closing, I look back and see how easy it is to make mistakes in the process. Our major mistake in purchasing the condo is going with a lender that had never loaned on a condo in the association prior to our purchase. The result was the underwriters had to approve the condo association in its entirety prior to our purchase. The problem was not the lender, we went with a reputable lender and had a great mortgage officer; it was just their first time with this particular association. So...we have had to jump through a couple unnecessary hoops because I did not take my own advice. When you are purchasing a property, always go with lenders and insurance providers who know the area.  These professionals have dealt with obstacles common with the territory, i.e., private roads, island properties, associations, resort atmosphere, etc. Our closing has been held up for a week and a half, and we had to switch programs because the underwriter did not understand the condo development in which we are buying. It was a frustration that could have been avoided, if we had only listened to our realtor...oh wait, that's me.

One side note: We have been working with Terry Penner at Peabody and Smith Realtors, who is representing the sellers. Terry has been wonderful through the transaction, if you need an agent up there, look no further.

Home Sales Winter vs Summer

Should I list my Lakes Region, NH home for sale over the winter or should I wait till summer? This is the million dollar question. Well, you can certainly argue the properties around here look a lot better in the spring and summer, but what do the numbers say. You have to go with my logic here. If we look at properties that sell from April 1st to June 30th, we can assume that most of them were on the market and went under contract during the winter. We can use the same logic for summer, August 1st to September 30th. So, here are the number of closed residential sales in both Carroll and Belknap Counties.

Date Range 2008 2009 2010 2011
April 1st to June 30th 332 326 414 337
September 1st to October 30th 236 258 262 288

I  have to admit, even I am surprise, I was thinking the winter numbers were going to be smaller but close. I guess people do look for Lakes Region Real Estate over the winter, to be in for summer!

Sold waterfront home on Sewall Road


Wolfeboro Parks and Rec 2011 Summer/Fall Brochure

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2011Spring-SummerBrochure Black-White--FINAL 4-1-11.pdf Download this file

The Wolfeboro Parks and Recreation Department provides year-round recreation opportunities for residents and visitors of all ages.  As the nation's oldest summer resort community, Wolfeboro prides itself on providing parks, beaches, recreational programs and facilities to suit just about any taste.

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Lake Winnipesaukee Homes Sold Data from 2003 to 2010

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Happy New Year. I have collected data for the past seven years for Lake Winnipesaukee Home Sales.

There are some statistics that you would expect; such as the number of sales have fallen since the high of 2004 (152) and the days on market have trended up. However, there are some things you would not expect. For example, the average sale price for homes sold on Winnipesaukee was the highest in 2010 and sales of homes over 1 million dollars is up almost 60 percent from 2009 to 2010. I would be happy to email anyone the excel file for your information.

Please feel free to call me at any time to chat about the Lake Winnipesaukee Real Estate or any other local Market.

Every Real Estate Market is Local

The United States of America According to Google Autocomplete

Ever wonder what a map of the U.S. would look like if all of the states' names were altered to match the suggestions offered by Google's autocomplete search algorithm? Wonder no longer.

Some -- like "Washington Post," "Kentucky Fried Chicken" and "Arizona State University" -- came as no surprise. But I couldn't have guessed that "Utah Jazz" and "Hawaii Five O" would have made the map, and I'll admit to looking up "Missouri Compromise" on Wikipedia. (It was an agreement passed in 1820 that effectively prohibited slavery in the northern part of what was then called the Louisiana Territory, except within the borders of the proposed state of Missouri. In case you were wondering about that, too.)

New Hampshire Vacation Homes sales rise, and prices go up.

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There are a lot of buyers looking, some are starting to pull the trigger. This difference between this year and last year is the buyers are starting to be satisfied with a good price versus a "Steal".

"The median transaction price of a vacation home was $169,000 in 2009, compared with $150,000 in 2008. "The higher vacation home price may reflect increased sales in higher priced markets, particularly in areas of Florida and California where prices became highly attractive for buyers over the past year," Yun said."

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