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.
Well I now have my real estate license. I will be working with Brin Realty Group in Amherst, NH in addition to appraising. Previous clients of mine who do rehab projects wanted my help in listing their properties. Another adventure for me!
The market has been nuts as most are aware (those who are not aware don’t pay attention and don’t read blogs either). I, like most others, am waiting for the election to see how the housing market will fare. Everything is too uncertain now. The bailout, the economy, the election…man what an exciting year!