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Litchfield, NH Real Estate News

By William Moore
(Innovative Realty)
After living in Londonderry for 8 years and trying year after year to find the best quality tree for a reasonable price I think we have finally found our farm. Noel's Christmas Tree Farm in Litchfield Fits the bill. Plenty of trees, precut as well as cut your own.  Helpful and polite staff, all the accessories, garland, wreaths, ornaments, a fire pit for roasting marshmallows, hot chocolate, hayrides.  There was no disappointment in this experience. Visit Noels website for directions.   To schedule an appointment to find your next home, please contact William Moore at: 603-818-3110 wmoore@innovativerealtyteam.com www.william-moore.net
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The Market Absorption Rate is a thetical measure used to illustrate where the market is - are we in a buyers, or sellers market?As of today January 6, there are 44 Residential Homes for sale in Litchfield, NH.For the month of December 8 Residential Homes sold in Litchfield, NH.So, taking the 1 month sales of 8 units for November, and dividing it into the total inventory of 44 we get 5.5.That number 5.5 represents the theoretical number of months of inventory that is currently on the market in Litchfield.  A true Sellers Market would be indicated by less than 6 months of inventory.  5.5 indicates that a sellers market exists in Litchfield.  This is a dramatic improvement from the numbers in October and November when there was 17 and 12.75 months of inventory.Different conditions may exis...
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The Market Absorption Rate is a thetical measure used to illustrate where the market is - are we in a buyers, or sellers market?As of today Dec 1, there are 51 Residential Homes for sale in Litchfield, NH.For the month of November 4 Residential Homes sold in Litchfield, NH.So, taking the 1 month sales of 4 units for November, and dividing it into the total inventory of 51 we get 12.75.That number 12.75 represents the theoretical number of months of inventory that is currently on the market in Litchfield.  A true Sellers Market would be indicated by less than 6 months of inventory.  12.75 indicates that a buyers market exists in Litchfield.  This is an improvement from the numbers in October when there was 17 months of inventory.Different conditions may exist at different price points.  ...
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The Market Absorption Rate is a theory that helps to illustrate where the market is - are we in a buyers, or sellers market?As of today Nov 10, there are 68 Residential Homes for sale in Litchfield, NH.For the month of October 4 Residential Homes sold.So, taking the 1 month of sales for October, and dividing it into the total inventory of 68 we get 17.That number 17 represents the theoretical number of months of inventory that is currently on the market in Litchfield.  A true Sellers Market would be indicated by less than 6 months of inventory.  17 indicates that a buyers market exists in Litchfield, increasing in inventory since September.Different conditions may exist at different price points.  Stay tuned for more analysis as we dig deeper into the mysteries of the Real Estate Market...
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By William Moore
(Innovative Realty)
This is my second Pumpkin post - the first contained no pictures.  Here you go - more on the record with pictures.....  Man thats gonna make a lot of pie!In 1984 sixteen pumpkin growers from Massachusetts and Connecticut entered their pumpkins in the first Topsfield Fair Giant Pumpkin Contest. The winning pumpkin weighed in at 433 pounds. In 2006 there were over ninety entries from all over New England. The winner, grown by Ron Wallace of Rhode Island weighed in at 1,347.5 pounds. That was 2006.As is customary, the winner was displayed in a climate controlled case for the ten days of the fair in the Fruit & Vegetable building.  Joe Jutras of Rhode Island Winner at 1689lbs......  Guinness Book of World Records. Bill Rodonis of Litchfield, NH 1566 lbs......... 2nd place!Last years winner ...
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By William Moore
(Innovative Realty)
Guinness Book of World Records 2006 largest pumpkin 1,502 lbs.Topsfield Fair - TOpsfield, MA 2007 - Bill Rodonois of Litchfield, N.H. His pumpkin weighed in at 1,566 lbs.  You would think that would be a good enough mark to take home the record.Unfortunately a fellow from Scituate RI came in with a 1689 lb entry.  Congratulations to Joe Jutras for growing this monster.  Next year Bill.  Next year. www.william-moore.net
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By William Moore
(Innovative Realty)
The Market Absorption Rate is a theory that helps to illustrate where the market is - are we in a buyers, or sellers market?As of today Oct 2, there are 61 Residential Homes for sale in Litchfield, NH.For the month of September 5 Residential Homes sold.So, taking the 1 month of sales for September, and dividing it into the total inventory of 61 we get 12.2.That number 12.2 represents the theoretical number of months of inventory that is currently on the market in Litchfield.  A true Sellers Market would be indicated by less than 6 months of inventory.  12.2 indicates that a buyers market exists in Litchfield, in a big way.Different conditions may exist at different price points.  Stay tuned for more analysis as we dig deeper into the mysteries of the Real Estate Market and how to make w...
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By William Moore
(Innovative Realty)
Tee Off At Mels.An annual destination for families all over Southern NH.  Tee Off at Mels offers a wide variety of entertainment options.  Need to take out some aggression?  Hit the batting cages.  Pitching speeds up to 90mph and softball too.Want to warm up before hitting the links?  Hit a bucket of balls at the driving range.Putting game needs a little work?  There are 2 18 hole mini golf courses at Mels.Maybe you have that Nascar Bug?  Take a spin on the go carts.  Careful not to wipe out!Into the video games?  Bring your rolls of quarters to the arcade!Maybe you're hungry after a day at Mels, or maybe you just want an Ice Cream....  Check out Greenfields Restaurant.Mels has a little bit of everything for everyone.  It is a little lae in the season now, but Mels is still open.Click h...
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By William Moore
(Innovative Realty)
See the following link for more info on Youth sports in NH. http://www.nashuatelegraph.com/apps/pbcs.dll/article?AID=/20070816/SPORTS02/208160376/-1/Sports02 The Litchfield Baseball Association is now holding its registration for the Fall 2007 Baseball season. Players between the ages of 5-13 as of April 30, 2008 are eligible to play. The season will run from early September to the end of October. Registrations received after Sept. 8 will be subject to a late fee. Registration can be done two ways: Register online at http://register.litchfieldbaseball.org/; or mail in a registration form which can be found online at http://www.litchfieldbaseball.org/. Direct any questions to player agent/registrar Bryan Goldstein at 424-0915 or e-mail to registrar@litchfieldbaseball.org.
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By William Moore
(Innovative Realty)
Buyers Market? All over the media, in newspapers, TV, Radio and the internet we are constantly being reminded of the "Doom and Gloom" condition of the Real Estate market.  Some would say the market is cold, slow, transitioning, etc.  It is true; Buyers are now in the drivers seat and sellers are struggling with parting with a home for what they perceive as a loss based on pricing from 24-48 months ago.  Woe be the seller who bought at the peak of the market.Litchfield, NH is no different.  As highlighted in the graphic illustrations below there has been a significant adjustment in market conditions.Average monthly units sold - down from a high of 9 in 2005 to 5 year to date 2007.Average selling price - down from a high of $341,781 in 2005 to $272,391 year to date 2007.  That's an averag...
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