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New London, NH Real Estate News

By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
In the Lake Sunapee Region of New Hampshire home sales have been surprisingly active. The number of homes that have sold from January through April 2012 is actually trending at 2007's levels! The median sales price however is down over $50,000 to $191,450.  To see more information about sales in the Sunapee Region, please click through to the full post at  http://www.sunapeeregionblog.com/2012/05/lake-sunapee-region-real-estate-sales-april-2012/   f you have any questions about the market stats or would like to know more about buying or selling real estate in the Lake Sunapee Region, please feel free to call 603-252-6428 or email me today! dano@colbyinc.com Click Here to search for all Lake Sunapee Region Homes, Land and Condo’s for sale  
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
If you are thinking about purchasing a house on Lake Sunapee, there is some important sales data that you should know about. Check out the ‘percent off list price’ to sales price. Believe it or not, there are some pretty big swings from what the house is listed for, to it’s final sales price. So when you are looking at properties, bear in mind if the price seems high, there is probably a fair amount of negotiating room.  Last year, out of 20 home sales on Lake Sunapee, the average ‘percent off list price’ was 17.75%! So far this year the number is at 14.37%, and the current two year average is 16.30%. Please click on the link below for more information, charts, etc. http://www.sunapeeregionblog.com/2011/09/lake-sunapee-sales-data/ If you would like more information about a property, mar...
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By Dale Baker, New Hampshire Relocation Real Estate Information
(Baker Energy Audits and Commercial Properties Inspections)
New London New Hampshire Lyme Disease Program Event in New London New Hampshire, folks you sure do not ever want to end up getting Lyme Disease! This here disease is an illness caused by a bacterium that's called a Spirochete, (Borrelia Burgdorferi) which gets transmitted by infected Ticks.   Below is a Infected Deer Tick   Phase one of Lyme Disease, is the area of your body that the infected Tick bites you, and the bacteria starts entering through your skin. Then within weeks and it can only take a few days even, from the actual day that the Tick bite happen. The skin area that the Tick bit you will develop a flat redness expanding ring. There could even be a outer ring of a brighter redness and a central area of clearing, which can start looking like you have a bull's-eye target on yo...
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
I swear every year time goes by faster and faster. 2010 for me was an awesome year but I felt like someone kept pressing the "fast forward" button! The information below is from my blog - SunapeeRegionBlog.com -Please make sure to click through to the main article as there is a lot more information on there. This is just a quick highlight.  The median sales price in the Sunapee Region is up $18,000 to $218,000 compared to 2009 however there were 12 sales in 2010 over 1 million dollars compared to 7 in 2009. Below is a comparison of the past couple years.   To see more information please click here to read the rest of the article.
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By Dale Baker, New Hampshire Relocation Real Estate Information
(Baker Energy Audits and Commercial Properties Inspections)
Chocolate Chocolate there is going to be Sweet Chocolate in New London New Hampshire, get ready get set, go out the door and load up the Truck, Jeep, Car or Van and head to New London to enjoy some mighty fine Chocolate at the   Today Saturday the 5th of March 2011, the 16th annual Chocolate Fest Chocolate Challenge is going to be held in New London, New Hampshire. The Fest is being held in the Wheeler Hall of the Ware Campus Center located at Colby-Sawyer College, located at 541 Main in New London, New Hampshire.     Chocolate Chocolate there is going to be Sweet Chocolate in New London New Hampshire, the 16th annual Chocolate Fest Chocolate Challenge is being Co-sponsored by the Lake Sunapee Region Chamber of Commerce and Colby-Sawyer College, the Chocolate Fest Chocolate Challenge wi...
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By Dale Baker, New Hampshire Relocation Real Estate Information
(Baker Energy Audits and Commercial Properties Inspections)
Support Group Meeting in New London New Hampshire, a Lake Sunapee Region VNA and Hospice Widow to Widow Support Group will be meeting at their New London New Hampshire office, which is located at 107 Newport Road. For more information about the Lake Sunapee Region VNA and Hospice Widow to Widow Support Group, call 603-526-4077 Have a good one Dale in New Hampshire   Localism information by Baker Home Energy Audit and Commercial Properties Inspections blog post 879 - 3 October 2010 New London, New Hampshire     If your Church, Club, Lodge, Organization, Community or if you know of an event being held in New Hampshire. That could be helped, by having a blog post written to help get the word out about it. Just e-mail me the details, and it will be my pleasure to write about it and post it ...
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
In today's real estate market it is important to understand what happens when your property get listed "live on the web". Where is your home advertised, how does your Realtor promote (sell) your property, do you have a plan? Find out the answers to these questions and more at my Lake Sunapee Region Real Estate Blog Ever wonder what happens when your property first gets listed? What happens during a showing? Is there a lock box? Is your Realtor there? Congratulations your house is under agreement!!! What happens next? To find out more click through to the main article on my blog http://www.sunapeeregionblog.com/2010/06/lake-sunapee-region-home-selling/
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
Buying a house in any real estate market is an exciting adventure to find that perfect first home, second home or investment property. Throw in today’s “buyer’s market” and the additional opportunity can really make your home search that much more exciting. Below are the typical fixed costs to expect when buying property in New Hampshire. Click through to my Lake Sunapee Region Real Estate Blog to learn more about: NH State Transfer Tax Home Inspections Septic Inspections Appraisals Title Searches and much more! http://www.sunapeeregionblog.com/2010/06/real-estate-tips-101-import-costs-every-home-buyer-should-know/
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
Home sales in the Lake Sunapee Region have certainly been interesting so far this year. In comparing this past January home sales with January 2009 I found that sales were up over 77% and then in February they were down over 30% and down again in March just over 6% but this past April residential property sales were up 44.8%. Quite the roller-coaster of late but I think May sales will be higher than last year do to the tax incentives that expired in April. For more information on January 2010 saleshttp://www.sunapeeregionblog.com/2010/03/january-2010-sunapee-region-real-estate-sales/ For more information on February 2010 saleshttp://www.sunapeeregionblog.com/2010/03/february-2010-sunapee-region-real-estate-sales/ For more information on March 2010 saleshttp://www.sunapeeregionblog.com/2...
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
2009 Home Sales Below is a chart comparing home sales from 2006 to 2009. Out of the 16 towns that I track for the Sunapee Region there were 390 homes that sold in 2008 and 2009 with a median sales price of $200,000. This is a down $35,000 from last year To see more detailed information please click through to my blog where you will see individual town historical sales information. http://www.sunapeeregionblog.com/2010/01/2009-year-end-home-sales-sunapee-region/   Land Sales 2009 Land sales in the region had their first major decrease in average sales price since 2003 dropping over $40,000! Now the biggest difference when you look back to 2003 is that there were 354 properties that sold. In 2009 there were only 72. Grim numbers but if you are a buyer the opportunity is yours. This market...
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
On the following page you will see a break down of historical sales on Lake Sunape, Little Lake Sunapee and Pleasant Lake. The average sales price on Lake Sunapee dropped over $320,000 down to $1,091,811.   Please click the following link for more information http://www.sunapeeregionblog.com/2010/02/2009-waterfront-sales/
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By Dale Baker, New Hampshire Relocation Real Estate Information
(Baker Energy Audits and Commercial Properties Inspections)
Theres been a Stampede in New London New Hampshire of Gnus. Not to worry though, these Gnus were invited by the folks of New London, NH with open arms. And there are of the non-wild kind of Gnus. They are helping to keep the Town folks and the small Town its self safe.   If you would like to go to New London and join in on the Theres been a Stampede in New London New Hampshire, you can go to this link to get a walking map showing where to find the friendly Gnus in Town. The link will open up in a new window.Or you can stop in at the New London Chamber of Commerce to pick up a map also. As you fallow the map be sure to stop in at the businesses that you find the Gnus at, and get a stamp. After you have gotten 18 of the 22 stamps, go back to the Chamber of Commerce to get yourself a Gnus ...
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
April sure went by fast and I think things are really starting to change. Beyond the fact that sales are up 28% for this time period, it really seems like there is more general confidence out there. When running into people the first thing out of their mouth is no longer “hey did you see xyz company closed, this person went bankrupt, etc”.  Provided we don’t have any more economic curve balls, I feel like we’re slowly on our way out of this downturn! Historical Sales For Our 16 Local Towns January 2006-23 Sales January 2007-29 Sales January 2008-27 Sales January 2009-15 Sales February 2006-26 Sales February 2007-30 Sales February 2008-25 Sales February 2009-15 Sales March 2006-35 Sales March 2007-38 Sales March 2008-17 Sales March 2009-29 Sales April 2006-46 Sales April 2007-28 Sales Ap...
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
It seems like forever since I have run the monthly sales numbers and have had even a remotely positive uptick in the number of transactions! Well as you will see sales in the Sunapee Region are up 41% compared to the same time last year. We are still a bit below past years, but it is always nice to hear some positive news! Historical Sales For Our 16 Local Towns January 2006-23 Sales January 2007-29 Sales January 2008-27 Sales January 2009-15 Sales February 2006-26 Sales February 2007-30 Sales February 2008-25 Sales February 2009-15 Sales March 2006-35 Sales March 2007-38 Sales March 2008-17 Sales March 2009-29 Sales 34 homes went pending this March Please click through to see the breakdown of the sales for the month www.SunapeeRegionBlog.com Also for additional information on recent ho...
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
This was definitely a short and busy month with lots of changes in the housing industry. A couple major housing plans/acts were signed and decided upon The Homeowner Affordability and Stability Plan American Recovery and Reinvestment Act of 2009. Needless to say this is a very intense time for the economy and it is going to be interesting to see how it all plays out. I’ll be doing a post soon about some of the new housing plans/acts/ bills and quick summaries of their key points. There were 27 listings that went under agreement this past month. To see the rest of February's stats, please click through to my Sunapee Region Blog  
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
This past month sales were down by almost 50% in comparison to previous years.  However, we did have 26 listings go under agreement this January and as reported on WMUR- New Hampshire winter tourism numbers have been quite strong. I recently spoke with Will Hurley owner of Outspokin’ Bicycle and Sport in Newbury and he said sales this year have been surprisingly strong for what was expected to be a tough year.  People are still buying skis and taking advantage of the great snow conditions–Best stress reliever I can think of!Historical Sales For Our 16 Local TownsJanuary 2006-23 SalesJanuary 2007-29 SalesJanuary 2008-27 SalesJanuary 2009-15 Sales    * 26 listings went pending this January Please click through to Sunapee Region Blog to see the rest of the sales breakdown.  
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
As a follow up to my post “You Sold your land for what?@$%&!” Below is a quick summary of how 2008 balanced out compared all the way back to 2001. You will see there certainly has been a significant decrease in the number of properties sold...I think a fair portion of this is obviously due to the economy, but also as more land becomes developed and built upon there is less to sell. *DOM = Days on market *All data used is from NNEREN MLS Source:http://sunapeeregionblog.com/2009/01/29/2008-land-sales-summary-sunapee-region/  
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
I just read this post by Ines Hegedus-Garcia from miamism.com where she summarized a piece that the Today Show just did on the 5 Biggest Real Estate Myths. This definitely applies to our Sunapee Region real estate marketplace and I’m sure it’s dead on for many other markets across our country.     1. Sellers are desperate 2. Don’t buy before prices have bottomed 3. You cant buy a home unless you have 20% down 4. Now’s the absolute worst time to sell 5. Before you refinance, shop around. I think everyone can agree that making assumptions is never a good strategy to approach a big real estate purchase. The best thing you can do when considering buying a piece of Miami Real Estate is to contact a Realtor you know and start asking - a good Miami Realtor will explain market intricacies that ...
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
The Sunapee Region has so many wonderful bodies of water to enjoy outside of the 3 major ones - Lake Sunapee, Little Lake Sunapee and Pleasant Lake. To see more information on the smaller lakes and ponds please visit my post:  “Sunapee Area Lakes and Ponds“. As you will see in the graph below, the average sales price for properties on Lake Sunapee has increased quite steadily over the past 5 years. I have discussed this with other agents in my office who have been selling properties up here for over 20yrs and they’ve all commented that lake properties always tend to ride the downturns much better than the average property. *All data used is from NNEREN MLS For more additional information on lake sales please click through to my blog at SunapeeRegionBlog.com   Source:http://sunapeeregion...
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By Dan O'Halloran, Lake Sunapee Real Estate
(Colby Real Estate)
2009 is off to a great start! The ski area has had a lot of traffic and our office has been quite busy during what is typically a slower part of the year. One thing that I believe is really just starting to help our economy is how low interest rates are. I’m looking at refinancing and I should be able to get around 4.5-4.7% which will save me well over $200 a month! Housing prediction–First off it would absolutely rock to have a crystal ball that told me everything, however the following is my best assumption of what the next year or so may have in store for us. I think that for the next few months we’ll see the Sunapee area real estate market continue to drop a bit lower but eventually start leveling out this summer and then staying level for much of 2010. As far the drop goes, I can’t...
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