Londonderry, NH Real Estate News

The Market Absorption Rate is a theoretical means of measuring where the market is - are we in a buyers, or sellers market?As of today December 1st, there are 112 Residential Homes for sale in Londonderry, NH.For the month of November 7 Residential Homes sold in Londonderry, NH.So, taking the 1 month sales figure of 7 homes for November, and dividing it into the total inventory of 112 we get 16.That number 16 represents the theoretical number of months of inventory that is currently on the market in Londonderry.  A true Sellers Market would be indicated by less than 6 months of inventory.  16 means that in the month of November, it was a buyers market for sure.  Now, this is not reason to panic if you are a seller.  The holiday season is typically slow for Real Estate sales as people ar...
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Business is good for Stonyfield Farm in Londonderry, NH.  THey just seem to keep growing.Following taken from  Reed ACP Construction Data website:A 31,800-square-foot plant office building is under construction in Londonderry, N.H., for Stonyfield Farm, with North Branch Construction, Inc., of Henniker, N.H., as construction manager. The new two-story building will be constructed with a structural steel frame and metal siding and be built for sustainability, with such "green" features as a vegetated roof, sunshades and solar panels. A cafeteria, locker room and office space are to be housed within the building, which is expected to be completed in the summer of 2008. North Branch Construction recently completed the fit-up of 25,000 square feet of office space for the new Stonyfield Farm...
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By William Moore
(Innovative Realty)
Wondering where you can go for a walk in the wilderness?The Musquash Conservation Area has the answer.The term Musquash comes from the Algonquin word for muskrat. Today it describes a forest block of over 900 acres in the western part of Londonderry.  The area is made up of forested, rolling hills dotted with wetland areas that provide natural habitat for moose, deer, beaver, and painted and Blanding's turtles to name just a few species.  This landscape also provides an enjoyable place for outdoor recreation for the citizens of the area.  The Musquash Conservation Area was established in 1979 to meet the goals of preserving wildlife habitat, developing recreational opportunities, and establishing an active forest management program.  Recent purchases of land and the acquisition of donat...
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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 Oct 1, there are 141 Residential Homes for sale in Londonderry, NH.For the month of September 18 Residential Homes sold.So, taking the 1 month of sales for September, and dividing it into the total inventory of 141 we get 7.83.That number 7.83 represents the theoretical number of months of inventory that is currently on the market in Londonderry.  A true Sellers Market would be indicated by less than 6 months of inventory.  7.83 is not wildly out of line, but remember this is a measurement of the market as a whole.  Different conditions may exist at different price points.  Stay tuned for more analysis as we dig deeper into the mysteries of the Real Est...
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By William Moore
(Innovative Realty)
So you work in Boston and you are wondering how anyone would reliably get from Londonderry NH to the big city.First, you could simply hop in your car and get on I93 at either exit 4 or 5 and head south.56 minutes and 44 miles later (give or take) and you're there.Of course, if you prefer to mkae more of your commute, maybe working or reading instead of focusing on driving and listening to a CD or the radio you could take a Concord Coach from just off Exit 4 in Londonderry.  Give this a click for more infoAnd if the Jet set is your bag, Manchester Boston Regional Airport is actually in Londonderry.....  Ok, it would probably be a little silly to fly to Boston, you'd spend more time taxiing than in the air.Londonderry, as well as many ohter communities in Southern NH are often considered ...
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By William Moore
(Innovative Realty)
There are a number of possibilities in Londonderry if you want to work off those saddlebags or that beer gut.The Workout Club & Wellness Center18 Orchard View Drive(603) 434-6565 Performance Rehab Inc  123 NASHUA RD(603) 434-1700In the Ring Fitness  1 Rockingham Rd(603) 432-0800Training Effects  3 Mohawk Dr(603) 434-9281Curves  4 Orchard View Dr (603) 965-1088Integrity Health for Women  44 Nashua Rd(603) 421-2811As I live in North Londonderry I go out of town to get my workout in:Planet Fitness736 Huse RdBehind The Olive GardenManchester, NH 03102 www.william-moore.net
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By William Moore
(Innovative Realty)
Londonderry RacewayIf you don't know it is there you will drive right by it.  Londonderry Raceway is located in Southern New Hampshire. Londonderry Raceway is the only quarter-mile high- banked paved oval in the east that is 100% dedicated to miniature motorsports. In addition to a schedule of regular competitions they also offer anyone the opportunity to push the limits like Jeff Gordon or Dale Earnhardt JR...............  OK so they arent really reaching 180mph but you get the drift.Saturday Racing - No Car to Tow, No Gas to Buy, No Wrench To Turn Just Hard Racing.Race Ready Karts with Everything needed, Helmet,Race Jacket,Gloves and Neck Brace 1- 20 Lap Race for Only!     $25 2- 20 Lap Races for Only!   $45 3- 20 Lap Races for Only!    $55!!!!!!!!!!Check the Londonderry Raceway site ...
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By William Moore
(Innovative Realty)
There really was an Ocean Born Mary. History reports she was born at sea on July 28, 1720 to James and Elizabeth Wilson. Legend tells us they were passengers on a ship filled with immigrants to New England when privateers appeared. The pirate captain reportedly promised not to harm the passengers if the Wilsons named their new baby after his mother (or was it his wife?). The Wilsons disembarked in Boston and moved to Londonderry, NH where red-haired Mary wed James Wallace in 1742, wearing a dress made from the silk presented to her at birth by the unnamed privateer. This much of the story may be true. Mary had four children and was in her 70s when her husband died. She moved in with a son in Henniker, NH until she passed away in 1814 at the ripe old age of 94 (quite long lived by todays...
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By William Moore
(Innovative Realty)
1718 - a group of Irish immigrants visited the area then called Nutfield because of the abundance of nut bearing trees in the area.  They believed it would be a good site for a community, settled and developed the community and four years later, in June 1722, the Nutfield area was incorporated as a township and renamed Londonderry after the city in Ireland from which most of the settlers had come. Early settlers spread out into surrounding villages, bringing Scottish and Irish names like Antrim, Derry and Dunbarton. Londonderry was the second largest town in early colonial times.  The original Londonderry township encompassed much of the area now known as Derry, Londonderry and Windham and also parts of Manchester, Salem, and Hudson. These towns have a rich history with many famous sons...
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By William Moore
(Innovative Realty)
Its that time of year.  Along with the annual Old Home Day celebration we are also blessed here in Londonderry with the opening of Macks Apple Farm (officially open Yesterday Aug 15th).  While the Ice Cream stand and Duck Pond have been open all summer, the farm stand does not open until the apple crop ripens.  Whether you live in Londonderry or just want to take a trip to the country and pick your own make Macks a destination before summer is over, and return for those fresh apples for your holiday pies.  Mmmmmmm, Pie!http://www.londonderrynh.net/?p=1250http://www.macksapples.com/
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By William Moore
(Innovative Realty)
August 15th to 19th.Hot Air Balloon rides, Police vs. Fire Dept Softball, Friday Night Fireworks, Parade Saturday at 10:30, Fried Dough, all the fun and games you have come to know and love.Londonderrynh.net Old Home Days ArticleOld Home Days Website
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By William Moore
(Innovative Realty)
As reported on LondonderryNH.net, mosquitos tested in towns near Londonderry have tested positive for Eastern Equine Encephalitis.http://www.londonderrynh.net/?p=1175But really, how much of a threat is EEE?  Clearly any pathogen transferred by something as ubiquitous and ever present as a mosquito is something to be mindful of, but are we in "peril"?  Is it worth exposing ourselves to more chemicals in the form of insecticides being applied to our schoolyards and playgrounds?As a homeowner I have taken the initiative to control mosquitos in my yard.  A half acre yard can be protected for under $300.  A propane tank is needed as well as a source of electricity.  Visit http://www.mosquitomagnet.com/ for more information.  It is far more effective than spraying because the millions of trap...
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By William Moore
(Innovative Realty)
Be a Part of Londonderry's New Playground Today!If you haven't noticed the large sign up in front of Londonderry's central fire station, Project P.L.A.Y. has been working hard to raise the funds necessary to renovate the Nelson Road playground, the town's only public playground. Built about 20 years ago, the existing playground has fallen into disrepair and is in desperate need to be brought up to current safety standards.Since fundraising began at last year's Old Home Day celebration, the one-year-old non-profit organization has brought in about $30,000 in donations, all of which has come from the generosity of individuals and businesses as well as from events such as the group's successful Touch-A-Truck fundraiser, held on Father's Day weekend this past June.For the month of July, Pro...
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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.Londonderry, 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 23 in 2004 to 14 year to date 2007Average selling price - down from a high of $353,549 in 2005 to $336,585 year to date 2007.  The most notabl...
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