Hopkinton New Hampshire Real Estate News & Listings Presented By Keller Williams Realty

46 Mulberry Street, Claremont 03743

Wed, 08 Feb 2012 20:42:48 GMT

46 Mulberry Street, Claremont. 2 bedroom, 1 bath house with 1,498+/-Sq Ft on 0.25+/-acres. Property sold as is and subject to seller's addendum.

30 South Village Road, Loudon 03307

Fri, 03 Feb 2012 20:40:30 GMT

30 South Village Rd, Loudon. Three bedroom, two bath cape built around 1870 on 1 +/- acre. Bright and airy kitchen with lovely accents. Workrooom off the garage can be used as an office or a workshop. Alternative heating source will help reduce cost in winter! Walking distance to classic country store complete with an ice cream shop! Nice yard for families and a great school system. Close to Concord and Route 4, convenient commuting location. Subject to third party approval.

20 Huntington Drive, Hillsborough 03244

Fri, 03 Feb 2012 20:40:30 GMT

20 Huntington Drive, Hillsborough. 2 bed, 1 bath with 1008+/- sq ft on 0.51+/- acres. Property sold as is and subject to seller addendum.

55 Jackson Street, Concord 03301

Fri, 03 Feb 2012 20:40:30 GMT

55 Jackson Street, Concord. 3-unit Multi-Family with 2,333+/-sq ft on 0.37+/-acres. Property sold as-is.

180 Clinton Street, Concord 03301

Fri, 03 Feb 2012 20:40:30 GMT

180 Clinton Street, Concord. 5-BR, 3-bath home with 3,226+/-Sq Ft on 7.86+/-acres, close to I-89 and downtown Concord. Copper has been stolen.

122 River Road, Epsom 03234

Fri, 03 Feb 2012 20:40:30 GMT

122 River Rd, Epsom. 1566+/-SF with 3BR/1.5BA gambrel style home on 0.8 acres. Some unfinished interior. River views. Property sold as-is and subject to seller addendum. Contractor inspection has determined a serious foundation defect. See attachment for report.

64 Clough Pond Rd., Loudon 03307

Fri, 03 Feb 2012 20:40:30 GMT

64 Clough Pond Rd, Loudon. 1400+/-SF on 2+/-acres, 4BR/1BA with loft area. Property sold as-is and subject to seller's addendum.

7 Concord Hill Road, Pittsfield 03263

Fri, 03 Feb 2012 20:40:30 GMT

7 Concord Hill Road, Pittsfield. 4 bedroom Colonial on 0.14+/-acres. Property sold as is.

307 Shaw Road, Northfield 03276

Fri, 03 Feb 2012 20:40:30 GMT

307 Shaw Rd, Northfield. Private and spacious 2 acre wooded lot with modern family home featuring open oak kitchen, tray ceiling, formal dining room, master suite with vaulted ceiling, trex deck with 6 person hot tub,over-sized garage with 8' doors, mud room and first floor laundry. Country privacy with easy access to I-93 and walking distance to Sandogardy Pond. Short sale approval in process.

25 Cynthia Drive, Alton 03809

Fri, 03 Feb 2012 20:40:30 GMT

25 Cynthia Dr, Alton. Nearly new and ready for you! 2BR/1BA ranch on nice lot with wooded view. Basement is studded for finishing, offering additional living space! Quiet location, near the Lake.

Buyer/Seller Tip

Fri, 27 Jan 2012 03:00:00 GMT

If one of your New Year's resolutions is to sell your home, here are a few things to keep in mind:

Although the traditional home-buying season starts in the spring, there are some reasons why listing your home now, rather than waiting, could prove to be a smart decision.

On average, the number of home sales in January drops almost by half from the previous year's peak. A house that is priced right and staged well will stand out even more with less competition.

Lenders, home inspectors, movers, and other vendors also see a seasonal dip in transactions. This could mean a quicker, easier, and possibly cheaper time to buy, sell, and move.

Even if you're not quite ready yet, now is a great time to start the conversation with your local real estate agent. I can give you pointers on which repairs and preparations to tackle first, and which ones may not be necessary, saving you time and money. Starting now can help you capture the most buyers by the busy season.

Call now for a consultation.

This Month is Real Estate

Mon, 16 Jan 2012 03:00:00 GMT

Mortgage rates continued to push historic lows in November, dropping another .08 points, to 3.99% for a 30-year fixed mortgage. "Rates on 30-year fixed mortgages have been at or below 4 percent for the last eight weeks and now are almost 0.9 percentage points below where they were at the beginning of 2011, which means that today's homebuyers are paying over $1,200 less per year on a $200,000 loan," said Frank Nothaft, Vice President of Freddie Mac.

Data provided courtesy of KWResearch

January 2012 Market Update

Fri, 06 Jan 2012 17:42:00 GMT

2012 shows signs of an improving housing market as the U.S. economy continues its forward-moving yet slow road to recovery. Although there are economists projecting housing prices will decline further, aided by distressed property sales that sell at a greater discount, these prices are expected to rebound considerably later in the year and continue into 2013.

Factors that continue to impede a speedier recovery in the housing are consumer confidence, job-growth uncertainty, and tough lending standards that keep many otherwise qualified buyers from financing a home purchase. However, consumer confidence may be showing signs of improvement according to a report released by Fannie Mae on December 7, which revealed that consumer sentiment toward home prices is stabilizing and that, for the first time in six months, more people believe that prices will soon begin to rise. This is an encouraging development, as much of our economic vitality depends upon the overall confidence of the consumer, and could trigger even stronger home sales as more people feel confident that prices will go up.

As the new year begins, many consumers appear to be in a holding pattern, waiting to see how the economy reacts to the different demands both here and abroad. Yet with steadily increasing sales and record-breaking affordability, now is the time to take advantage of these opportunities to buy or sell a home.

Sources: Fiserv, Fannie Mae, KWResearch

Deciding to Buy

Wed, 28 Dec 2011 03:00:00 GMT

When first-time home buyers decide they are ready to buy, it is important for them to begin the process by carefully assessing their values, wants, and needs—both for the short and long term. This is a critical step since consultation sessions normally start with the buyers' values. Afterward, buyers can explore their wants and needs and, once defined, determine actual criteria.

A recent study shows how important the following home-buying factors were to buyers:

Deciding to Buy

A recent study shows how important the following home-buying factors were to buyers:

• List Price: 72%

• Location: 69%

• Neighborhood: 55%

• Floor Plan: 37%

• Square Footage: 28%

• Schools: 22%

By having the home-buying criteria in mind before walking into a consultation, buyers are off to a better start when meeting with their real estate agent. The consultation allows buyers to fill in any missing gaps within their values, wants, and needs.Deciding to BuyWhen first-time home buyers decide they are ready to buy, it is important for them to begin the process by carefully assessing their values, wants, and needs—both for the short and long term. This is a critical step since consultation sessions normally start with the buyers' values. Afterward, buyers can explore their wants and needs and, once defined, determine actual criteria.When first-time home buyers decide they are ready to buy, it is important for them to begin the process by carefully assessing their values, wants, and needs—both for the short and long term. This is a critical step since consultation sessions normally start with the buyers' values. Afterward, buyers can explore their wants and needs and, once defined, determine actual criteria.

A recent study shows how important the following home-buying factors were to buyers:

• List Price: 72%

• Location: 69%

• Neighborhood: 55%

• Floor Plan: 37%

• Square Footage: 28%

• Schools: 22%

Contact me for your no-obligation consultation.

Data brought to you by KW Research

This Month in Real Estate

Fri, 16 Dec 2011 03:00:00 GMT

Mortgage rates continue to push lower, dropping to 3.98% from 4.23% in October of 2010, offering historic affordability to today's home buyers. While mortgage lending conditions continue to be a challenge, more and more people are seeing the advantage of buying a home sooner rather than later. Lawrence Yun, NAR chief economist, said, "Home sales have been plodding along at a sub-par level while interest rates are hovering at record lows and there is a pent-up demand from buyers who normally would have entered the market in recent years. We hope this indicates more buyers are taking advantage of the excellent affordability conditions."

When you are ready to take advantage of the improving home buying conditions, call me for assistance.

Data brought to you by KW Research

December 2011 Market Update

Mon, 12 Dec 2011 03:00:00 GMT

One of the key drivers of homes sales, the employment rate, is beginning to show promising signs of a turnaround. The four-week average for jobless claims, as of November 19, was 394,250, a drop of 3,250 from the previous four weeks, and at the lowest levels since April. Consumer confidence also rose 15 points in the last month, and is now at its highest point since July of this year. Eric Green, Chief Market Economist at TD Securities Inc. said, "The trend remains very constructive. Jobless claims are back below 400,000, which seems to be the pivot point in terms of a strengthening labor market as opposed to a weakening one."

In addition to improving employment conditions, home affordability also improved as interest rates fell further, opening the door for more first-time home buyers who accounted for 34% of the sales in October, an increase from 32% last month and over last year. The western United States saw the greatest increase in home sales, which were up 4.4% month to month and up over 15% from last year.

A strengthening job market, along with encouraging signs from the housing sector, including a 10% jump in pending sales for October, are strong economic forces. While mortgage lending still remains a challenge, these forces may send a signal to banks to relax lending regulations and allow for a more rapid recovery.

If I can be of any assistance, please contact me.

Data brought to you by KW Research

Holiday Open House

Wed, 07 Dec 2011 17:04:00 GMT

Should I Buy a Home Now?

Tue, 02 Nov 2010 13:10:00 GMT

I’m often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don’t know where the bottom is until you see it in the rear view mirror, meaning until you’ve missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It’s important to live in a home that reflects your taste and values, yet is within your financial “comfort zone.” To that end, it may be more important to lock in today’s relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today’s market.