About Jennifer Cote

Real Estate junkie, appraiser, sell, buy, analyze, research,passion, invest, environmental, crunchy, municipal, planning, efficiency...everything real estate!

Market Update in NH – Real Estate

Posted on July 13, 2012 by Jennifer Cote

Time for another market update. What’s going on? I decided to expand my data to include all of Hillsborough county, NH. Some of the towns in Hillsborough are: Amherst, Bedford, Hollis, Hudson, Litchfield, Manchester, Merrimack, Milford, Nashua, and Pelham.

Hillsborough County 2 year Real Estate Trends

May and June are the busiest months in New Hampshire. This chart shows 3 years of June activity. What’s real interesting is this year and 2010** are similar in sales, but pending listings have jumped up this year! That means in the next 2 months you are going to see a large increase in closed sales over the last 2 years.

This is great news for the real estate market! The market has stabilized, many towns in this area are experiencing multiple offer situations, marketing times have decreased, and interest rates are crazy low!

Percentage Change in Real Estate – click to enlarge

**Let’s not forget, 2010 was the year of the tax credit for new buyers which artificially inflated the activity that year.

Great Ranch for sale in Nashua!

Posted on June 29, 2012 by Jennifer Cote

MLS 4168446.

Adorable 3-bedroom Ranch with walk-out basement waiting for you to finish. Newer siding, windows, roof, deck, sliders, updated bath, driveway, and new kitchen counters coming this week. Lots of wood floors! Fantastic neighborhood. Retaining wall added to support addition, or garage, off kitchen. Great curb appeal and wooded backyard view. 56 Raleigh Drive in Nashua. Bicentennial School district.

Grand Opening for Merrimack Premium Outlets

Posted on June 15, 2012 by Jennifer Cote

This is a big weekend for Merrimack, NH. The much anticipated grand opening celebration for the Merrimack Premium Outlets. Located right off the highway, Exit 10 on Route 3, it will be very easy to find.

Some of the outlets:

Ann Taylor, Banana Republic, Bloomingdale’s Outlet Store, Calvin Klein, Coach, Cole Haan, DKNY, Elie Tahari, J.Crew, Lucky Brand, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Talbots, Tommy Hilfiger and more.

Here’s a link to their site: http://www.premiumoutlets.com/outlets/outlet.asp?id=101

I know I’m excited, but I’ll wait until the buzz dies down before heading there. What? There’s a Chico’s? You may see me there this weekend after all.

-Just my thoughts. ~Jenn
Looks like a covered bridge, love the architecture of this outdoor mall!

1 Storybrook Ln in Amherst, NH For Sale Real Estate

Posted on June 14, 2012 by Jennifer Cote

1 Storybrook Ln, Amherst, NH

Four-bedroom, 2.5 baths, backing up to open space in Jasper Valley. Tons of wood floors! Step-down family room with beamed ceiling and beautiful brick fireplace with built-ins. Tons of crown molding (even bedrooms), new quartz counters in kitchen.

Serene wooded backdrop in rear with pergola covered in Wisteria over deck and large brick patio overlooking granite boulders and wooded open space.

This home has character, just needs your imagination and elbow grease to make a masterpiece.

If you’d like to know when I post another article on this topic “like” my Facebook page: www.facebook.com/TopNHhomes

Just my thoughts. –Jenn

Contact Me At: 603-821-8285 or Jenn@TopNHhomes.com

www.TopNHhomes.com

www.JACoteAppraisals.com

RE/MAX Properties – 169 Daniel Webster Hwy Nashua, NH 821-8285

J.A.Cote Appraisals, LLC – 142 Lowell Rd Hudson, NH

Homes for sale in Nashua, Hudson, Merrimack, Amherst, property in Pelham, and Windham.

Nashua Market Trends

Posted on April 11, 2012 by Jennifer Cote

So what’s going on in Nashua? Let’s compare last years first quarter with this years. New listings are up 17%, Solds are up 8%, and Pendings are up a whopping 20.5%.

What’s really interesting here is you can see on the graph that the new listings and pending listings are coming closer together, and just may intersect this year. Why is this important?

Notice last years inventory grew at a larger rate than those going under contract…it caused an oversupply. Listings are moderately increasing, while pendings are dramatically increasing. The inventory is balancing out, and the graph is showing that!

Nashua Market Graphed

This is great, but we still have quite a few existing listings to work through. Right now Nashua is a hotbed of activity. It a property is priced right, and in good condition, it will typically sell in 3-6 months. A balanced market will typically have 3-6 months worth of inventory on the market.

Looking for more information about Nashua? Give me a call: 603-305-1922 or email: Jenn@TopNHhomes.com

CHANGE: HAS A PSYCHOLOGICAL IMPACT ON THE MIND

Posted on April 10, 2012 by Jennifer Cote

-TO THE FEARFUL IT IS THREATENING: THINGS MAY GET WORSE.

-TO THE HOPEFUL IT IS ENCOURAGING: THINGS MAY GET BETTER.

-TO THE CONFIDENT IT IS INSPIRING: THE CHALLENGE EXISTS TO MAKE THINGS BETTER.

–King Whitney Jr.

Live outside your comfort zone…it’s a confidence builder for me.

The Changing Leaves in Hollis NH

Just my thoughts. –Jenn

If you’d like to know when I post another article “like” my Facebook page: www.facebook.com/TopNHhomes

Contact Me At: 603-821-8285 or Jenn@TopNHhomes.com

www.TopNHhomes.com
www.JACoteAppraisals.com

RE/MAX Properties – 169 Daniel Webster Hwy Nashua, NH 821-8285

J.A.Cote Appraisals, LLC – 142 Lowell Rd Hudson, NH

Real Estate in Nashua, Hudson, Merrimack, Amherst, Pelham, and Windham.

USDA No Money Down Programs

Posted on April 7, 2012 by Jennifer Cote

The government has a sponsored program that can assist households purchase a home with a low or even no down payment. One of my favorites is the Rural Development Loan program.

SOME KEY POINTS:

Property must be in a USDA designated rural location.
100% mortgage LTV which is based on the APPRAISED value
Zero down payment and low interest rates.
No limit on seller concessions or gift.
30 year fixed rate
USDA approved lenders only.

Rural Development Loans are available in these New H ampshire communities: Atkinson, Hampstead, Amherst, Windham, Pelham, Bedford, Brookline, Hollis, Litchfield, Lyndeborough, Mason, Mont Vernon, New Boston, and Wilton. For a full list of New Hampshire towns, and income requirements, read the FACT SHEET.

The ineligible area list for NH is far smaller: Concord, Derry, Hudson, Keene, Nashua, Londonderry, Manchester, Merrimack, Portsmouth, Rochester, Salem,parts of Goffstown and Hooksett.

Not all lenders can do Rural Development loans. Contact me for more information.

More information:

Federal Site: http://www.rurdev.usda.gov/rhs/

Local NH/VT office: http://www.rurdev.usda.gov/vt/

State by State: http://www.topnhhomes.com/FinanceAgencies

-Just my thoughts.

Jenn

www.TopNHhomes.com www.JACoteAppraisals.com

*Information is from the rural development government websites listed above. I am not a mortgage professional. This is for informational purposes only and you should do your own due-diligence. This is a government funded program that needs to be funded yearly.

Hudson NH Real Estate Trends

Posted on March 29, 2012 by Jennifer Cote

The Old Bensons Animal Park - Hudson, NH

What’s going on in Hudson? The spring market hit well over a month ago (the spring real estate market starts in February or March) and looking at the graph below you can see the increase in listings going under contract.

Hudson New Hampshire Market Trends

Once a property goes under contract it will typically close in 60 days, so the increase in contracts will make the next couple months show a large increase in sales. Just look at January and Febuary of last year.

The active listings show 4 months of inventory….a stable market typically has 3-6 months active inventory.

Looking pretty good!

-Just my thoughts…Jenn

Finding Properties That Can Use Government Assistance Programs

Posted on March 2, 2012 by Jennifer Cote

There’s a wonderful new web tool called “Down Payment Resource” that is integrated into New Hampshire’s MLS system. It helps determine if a buyer is eligible, and if a property is eligible, to use government-funded programs for down payment assistance, affordable fixed-rate mortgages, mortgage credit certificates, and rehab loans.

This tool was voted most Innovative New Techonology in 2011 by Inman News. Click on the image and it will direct you to the site.

“Opening New Doors to Home Ownership”

Just my thoughts!

My Twitter Philosophy for Following Others:

Posted on September 21, 2011 by Jennifer Cote

Yes, I enjoy a good twit! I’m an off and on again participant. Great way to meet people with similar interests from all around the world. On the occasion I want to boost my website rankings I may post my website link, or a blog post.

I’ve learned over the years to have a system in place to organize my followers because it can get out of hand. I have my favorites that I engage with and then I have those who just post great stuff. Most others I weed out. The way I determine who I don’t follow is like this:

1. The person has a zillion followers, but very low tweets…basically
people who just follow everybody to get their follow list up.

2. No Egg Heads (lacking a profile pic).

3. No variation in posts, ie lists of quotes or only links.

4. Low to no engagement/interaction with others.

5. People who only interact with others or only talk about their
little lives.

6. Boring People, which cover #4 and #5.

To determine if I want to follow somebody I use Hootesuite to review their profiles. I have an account with SocialOomph that sends out this autoreply message: “Hi there! Engage me if you want me to follow you back. Just say Hi @AppraiserJenn Thank you –Jenn.”

So when somebody follows me I have a list set up in Hootesuite that shows my Outbox messages. If somebody does in fact “engage” me I look at that profile first of course. I go through my Outbox messages probably twice a month.

Not everybody agrees with my strategy, but it works for me.