The White Mountain Blog

Ask The Expert "What is Going On with The White Mountain Real Estate Market?" You don't have to have a degree in economics to understand that the Vacation / Retirement market present in The White Mountains will rebound faster than other areas in NH.  Even with Foreclosures and Distressed Sales, t...

Don't over think the market and miss an oppertunity. FOOD FOR THOUGHT: If you are a prospective buyer "sitting on the fence" waiting for the sellers to drop their price, remember that mortgage rates are creeping up and that just a 1% increase in mortgage rates is equivalent to an 8% reduction in ...

Where is the rainbow at the end of all this rain!  The market is showing signs of having bottomed out during this wet Summer and we should see continued increases in activities as we enter the Fall-Winter buying season.  The good news is that lower oil prices and a slower economy make it possible...

A BIG Change to Capital Gains! Taxpayers who own a second home and want to defer the capital gain on sale have used one of two strategies to achieve tax relief. The property can be converted to rental property for a minimum of two years prior to sale and structured as a Section 1031 Exchange usin...

Let Uncle Sam Help You Buy Your First Home! H.R. 3221, the "Housing and Economic Recovery Act of 2008," Was signed by The President on July 30, 2008.  It included a great benifit for first time home buyers! The tax credit is for 10% of the purchase price, up to $7,500, but phases out for higher-...

"ALL REAL ESTATE IS LOCAL!" Prices Increase! While the rest of the country faces increased foreclosures and dropping home values, NH pulls out of the free fall.  The median price of a home in New Hampshire has increased in each of the last four months.  In some resort and retirement areas the inc...

TWO IMPORTANT THINGS HAPPENED RECENTLY IN BARTLETT, JACKSON, & NORTH CONWAY THAT AFFECT THE REAL ESTATE MARKET. First, last week, a leading gauge of U.S. home sales showed surprising strength. April pending home sales rose 6.3% from March.  This is the highest level in six months, the National As...

A BEAUTIFUL DAY IN THE VALLEY! It's no wonder why people fall in love with the white mountains.   Spring flys by and Summer expodes out of the snow covered ground.                         The Green is so so so GREEN!                                       OMG!  

HEAT WAVE! "What Heat Wave?" What a great day to live in the White Mountains!  The air temperature was in the Low 90's and the water temperatures where over 70! I even presented a contract today on a nice little two bedroom condo in Bartlett listed for just $139,900!  A great deal even in this ma...

Tour De Mount Washington! Ok.... so it was just a ride up and down Town Hall Road.  But we had a great time.           The weather has been warming up and the Black Fly & Mosquitoes are bearable.   There aren't many good biking roads in the area for young children.  Most are either to steep or ha...