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Property in Amherst NH with acreage for sale. Continue reading
$175,000 for this 3-bedroom detached condo. Backs up to common area, large rooms, even a 2-car garage! Condo fees include exterior maintenance, siding, roof, even plowing the driveway! Great property for investor. This is a short-sale, being sold as-is.
The new trend is farming at home….corn, chickens, and deed restrictions. Oh my. Loved this article on “The Rise of the Backyard Farm” by Meg White for Realtor Magazine. She covered so much in this article I’m not sure what I could add.
Well maybe it brings up more questions than answers. Stay tuned.
I started watching historical shows about the American Revolutionary War. I reason it’s because I’m from New England, not because I’m getting to be that age when one starts watching the History Channel.
The commercials for the “Sons of Liberty’ miniseries really drew me in. I even started watching the John Adams series on HBO. Great story, and to think it was true!
Well the 4rth Monday of April is known as General John Stark Day in New Hampshire, it falls on April 27th this year. Since 2011 this little known state holiday has been celebrated in New Hampshire. I only bring this up because 2 key battles referenced in the miniseries are the Battle of Bunker Hill, and the Battle of Bennington. Key battles of the Revolutionary War, and General Stark was instrumental in both. One of his most famous quotes, and NH’s state motto: “Live Free or Die” is a stark reminder of the conviction and determination that our forefathers bore to bring forth a republic.
I have yet to visit the Bunker Hill Monument, interestingly enough my birth name is Bunker(one day I’ll figure out if there’s a relationship). The Battle of Bennington Monument was an accidental find. On one of my mother/daughter weekends I did my usual, “let’s see what’s down this road.” I go off the planned route and go back roads a lot and only Mom tolerates it. She loves it when I stop on a dime to jump out and take a picture.
-Just my thoughts.
An arm’s length transaction is important in determining the market value of real estate. Appraisers know this term as it’s what helps determine if a comparable sale is truly comparable. So what’s an arms-length transaction?
The key concepts: the property must be on the open market for a reasonable amount of time, neither the buyer nor seller can be acting under duress, they must have reasonable knowledge of the property, be acting on their own self-interests, and from equal bargaining positions.
Here are the top 3 NON arms-length transactions:
THE BIG QUESTION: Why is this important in selling your house or buying a new house? If a sale is not an arms-lengths transaction it will not be used to determine the value of that property because it would not be market value.
Market value is the highest price a buyer would pay and seller would accept for an item in an open and competitive market.
-Just my thoughts. -Jenn
The Nashua NH real estate marketed report February 2015 indicates a 12 month trend from January 2014 of average sales prices increasing and declining inventory. Declining inventory is typical over the winter months.
The current trend is upward and indicates the average sales price of $232,000 with days on market of 87 for January. In February of 2014 the average sales price was $207,000 with 97 days on market. Can you imagine if we did not have all this snow on the ground?
The trend for properties on the market is slightly higher than last February with 75 listings, January this year has 87 listings. The spring market listings have been delayed due to the severe winter snow storms. March and April we typically see the largest influx of new listings.
A prior post I wrote: “The End of the Hometown” focuses on where you would consider your hometown: your birthplace or the town you settled in. I stumbled upon this #TEDtalk titled “Where is home?” by Pico Iyer which twists and turns as it moves around the subject of what is home.
The definition of home implies permanence, but in today’s mobile society it’s no longer that simple.
“home is not just the place where you happen to be born, it’s the place where you become yourself” -Pico Iyer
I deal with homes in the brick and mortar sense, I see the attachment people have to a location and how people perceive what is home.
-Just my thoughts.
Are home values increasing? 2014 versus 2013 homes sales.
Over half of 2014 home sales were under $250,000. Compared to 2013, we see no change for prices over $400,000, but a 4% increase in sales between $300-400K and a 4% decrease in price points under $300,000.
Does this mean home values are increasing? There are many factors that go into play for determining increases, and this is just one.
HAPPY PIE DAY!
Just my thoughts. -Jenn
*Data from Trendgraphix, Inc. Charted 2015
The 2013 community preferences survey from the National Association of Realtors is an analysis on the types of communities people prefer to live in. On one hand compact, walkable communities continue to have leaps in demand, but detached houses with large yards and lots of privacy are still tops. You can read all about it in this 51 page slide show: http://www.realtor.org/sites/default/files/reports/2013/2013-community-preference-analysis-slides.pdf
Anyway, you should check out the slideshow…good stuff.
-Just my thoughts.
1. This area of Nashua is one of my favorites. It’s for sale too.
2. Many a memory of the Arts and Science Center. Great location close to the library. http://jennifercote.info/nashuas-past-central-fire-station/
3. Ah, Little Florida…a hidden neighborhood. Let’s do something with this piece of land!
4. Again, mill building. The potential is fantastic!
5. Yes, I have a fascination with Mill Buildings. This is the back of the Franklin Mills and that beautiful Greeley House. This one is for sale too.
It’s best to walk around to really appreciate these areas…get out of the car! I’ve blogged about a couple of them and had the pictures already. The mill building area west of Main St (the area the Broad St Parkway will be heading into) has so much potential, so much history.
Don’t just look at the rubble, the skeletons of old buildings, the weeds and overgrowth…imagine the potential of what this area could be…please.
One more post: The End of the Hometown
-Just my thoughts. -Jenn