Portsmouth, NH Real Estate News

By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Multigenerational living, the practice of several generations living together in one household, is becoming increasingly popular in Portsmouth, New Hampshire. This is due to its many benefits, which include cost savings, family bonding, caring for older generations, and helping young adults get started.One of the most significant benefits of multigenerational living is cost savings. Families can pool their resources to pay for housing, utilities, and other living expenses by living together. This can be particularly beneficial for young adults who are just starting and may struggle to make ends meet.Another advantage of multigenerational living is the opportunity for family bonding. By living close to one another, family members have more opportunities to spend time together, share meal...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
For a great Christmas activity sure to delight kids of all ages we highly recommend a visit to the Portsmouth Discovery Center to see the 28th Annual Gingerbread House Exhibit. Prepared to be amazed as your tour the exhibit of over 50 amazing structures constructed of gingerbread and others holiday edibles (no sampling unfortunately)..The exhibit runs through December 22nd and is free to the public. Easy parking just across the street in the city’s Bridge Street parking lot or you may be lucky enough to snag a free space behind the discovery center. Read more
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Just listed and on the market for sale is 8 Greenleaf Avenue in Portsmouth, New Hampshire. Totally renovated from Basement to attic. Three bedrooms incluidn g first floor master with bath, new kitchen, baths, refinished hardwood, and on and one. Do yourself a favor if you're in the market for a new hom on the New Hampshire Seacoast and take a look at this beauty. \Follow this link to the 3D Virtual Tour,'dollhouse' view, and more. Once you’ve seen this home, you’ll want to move right in.This home is cute as can be from the outside and gorgeous on the inside.Remodeled, glistening, glowing, fresh and ready for new owners! Gleamingwood floors throughout, freshly painted, brand new kitchen with SS appliances,granite counters, and access to the deck for outdoor cooking, etc. Click here for t...
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By Sharon Tara, Retired New Hampshire Home Stager
(Sharon Tara Transformations)
A Seacoast Halloween tradition that is not to be missed...Make sure you stop by the Portsmouth Haunted Barn for a frightening Halloween treat! Located at 292 Middle Road, Portsmouth NH Every night in October the residents kindly open their yard and barn to the public as a memorable and enjoyable Halloween gift to the city.It's FREE to enter.Donations appreciated!Don't let the fact that it's free fool you....it's better than many of the events you have to pay to enter.  The theme changes every year and every year more props are added. I've never been disappointed in the eleven years I've visited this great Halloween event.  There are no actors....no spooky, chain-saw carrying monsters.It's simply a walk-thru experience to enjoy at your own pace.   Some of the scenes are pretty graphic an...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Instant Update 187 Woodbury Avenue in Portsmouth, NH Just Listed For Sale!     If you or anyone you know may be interested in more information, price, photos and more for this home, please share or click below: https://187WoodburyAvenue.TheBestListing.com   When this home is sold, it will affect YOUR home's value!     I would like to invite you to find out the new value of your home using today's technology at a website I created that will provide you with this information at:   https://jimlee.FreeHomeValues.net   I hope you find this helpful and, as always, I appreciate your consideration in referring any friends, family, or colleagues my way. Again, thank you for supporting me and my business endeavors and do not hesitate to let me know if you have any questions about anything relate...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Do you know where home buyers come from? When we list a house for sale we know who the most likely buyer for that house are based on their demographic data and also where they likely live now.The National Association of Realtors publishes annually a “Profile of Buyers and Sellers”. The statistics to compile this report come from annual surveys taken of people who actually participated in a real estate transaction in the preceding year. We buy a copy annually and study it to increase our knowledge and expertise and to better serve our clients. The 2017 edition is 144 pages long and is packed with fascinating charts, statistics, and information about both buyers and sellers.Read the rest of the story here. 
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
A market snapshot gives a "moment in time" view of how a real estate market is performing and which way the trends are. Portsmouth NH Real Estate Market Report Below :In Portsmouth today the real estate market snapshot looks like this: The median sold price was  $496,750 year to day in Portsmouth.Click here to read the report.
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Greetings statistics lovers; it’s “Market Report Monday” for the New Hampshire Seacoast and southern Maine areas.One question we’re often asked is “How’s the market?”, meaning the real estate market. The answer would usually depend on whether you’re interested in buying a home or selling one. Some markets are great for sellers but not for buyers and vice versa; it’s a constantly changing and evolving market depending on many forces such as interest rates, housing supply, the local economy, the national economy, and many other factors. We keep abreast of all factors so we can give you the best advice depending on timing, location, and of course, whether you’re buying or selling.Click on any of the links below to see current market reports for the appropriate towns, sold home prices, and ...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
An old Chinese proverb says “One Picture Worth Ten Thousand Words”. However when selling a house, well constructed ads and sentences can be just as valuable.  Here’s how we use word pictures to sell your Portsmouth, NH house. Think for a moment about some of the real estate ads you’ve read recently. Do they all sound alike,? For example, do they overuse tired words and phrases like: “won’t last long”, “motivated seller wants to move soon”, and others. What do words like these say to you as a home buyer? They say nothing to me and do not make me want to explore that home further.Now contrast the usual ad with one that reads like this: Headline: “Dynamic Woodland-view Ranch” followed by this copy:“Rural-area serenity goes with this custom residence nicely set on two acres. This large, wel...
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By Sharon Tara, Retired New Hampshire Home Stager
(Sharon Tara Transformations)
So yesterday morning I'm looking through all my photos to find some good ones to share in the ActiveRain Photo Contest...thank you Dick Greenberg...and something pretty cool happened. Background story:In 2009 Rick and I attended Market Square Day in Portsmouth.  I took quite a few photos. One of my favorite photos taken that day was of a boy, wearing a sombrero. I love how he was just quietly sitting there, enjoying a snack. He was so relaxed and had such a sweet expression on his face...deep in thought.  Back to the photo contest:This has always been one of my favorite photos, even though he was a stranger to me.Entry in the category:  Real Life - People  Over the years I've often wondered who this boy was and if he was still living in the Portsmouth area.Yesterday morning I decided to...
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By Sharon Tara, Retired New Hampshire Home Stager
(Sharon Tara Transformations)
The Haunted Halloween Barn on Middle Road in Portsmouth, New Hampshireis a Seacoast Halloween tradition. I wrote about this last year, and several other years, but it's worth repeating...Every night in October, except Mondays, the residents of 292 Middle Road open their yard and barn to the public as a Halloween gift to the city. Open Tuesday - Sunday through October 31 5:30pm - 9:00pm(Weather permitting) Every year the theme changes and more props are added.I've been going for ten years and I've never been disappointed.   It is a totally FREE event! Don't let the free admission fool you....it's far better than some events that charge admission!   This is a walk-thru experience to enjoy at your own pace.There are no creepy characters jumping out at you....no live actors involved.But som...
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By Sharon Tara, Retired New Hampshire Home Stager
(Sharon Tara Transformations)
We recently took our grandsons, Jack and Thomas, to tour the USS Albacore Submarine in Portsmouth. Built at the Portsmouth Naval Shipyard in the early 1950's, Albacore was the first Navy-designed vessel with a teardrop shaped hull built specifically to operate under water.  It was the prototype for the Navy's nuclear powered submarine force.Albacore was placed in commission in December of 1953 and decommissioned in September of 1972. In 1984 she was towed from Philadelphia and returned to Portsmouth.She has been at her current location, Albacore Park in Portsmouth, since 1985.The USS Albacore, once a research submarine, now preserved as a museum, offers self-guided tours to the public. You walk through at your own pace. There are red buttons positioned throughout that trigger audio reco...
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
The first six months of 2017 have passed so we can take a look at the Portsmouth NH real estate market to see what's been happening.  Historical data is often a great predictor of future trends and events. I find this especially true in real estate. The Portsmouth homes market has been very, very active this year with a limited amount of homes for sale and high buyer demand. Here's what he Portsmouth absorption rates look like for the first half of the year.Any number under 6 indicates a seller's market; a number close to 3 indicates a hot seller's market.. Read the rest of the story here. 
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Do you have a home for sale in Portsmouth or the New Hampshire Seacoast and it hasn’t sold after a couple of months? If so, you definitely need to revisit your asking price.The Portsmouth and NH Seacoast market is hot with market absorption rates under 4 months which indicates a fairly robust seller’s market.  Read more at Portsmouth NH homes for sale
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
After searching for the perfect house to call your new home you’ve finally found the one! The price is right but with the current inventory shortage you want to be sure you make the best offer to enhance your chances of making a deal.Here are four tips From Fannie Mae to help you make the best offer.1. Understand your finances and know what your buying power is. Read more here
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
If you are thinking of selling your New Hampshire Seacoast or southern Maine home here are 7 marketing mistakes you can’t afford to make. Review our handy list below………………….Read the rest at: New Hampshire Maine Real Estate
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Portsmouth NH | Mortgage interest rates just fell to their lowest point in 2017! This week’s rate is 4.08% vs. 3.58% a year ago.One fact not so widely reported is that  requirements to get a mortgage have eased also. The Mortgage Bankers Association (MBA) quantifies the availability of mortgage credit each month with their Mortgage Credit Availability Index (MCAI). The higher the MCAI number, the easier it is to get a mortgage.Here is a chart showing the MCAI over the last several months.REad the rest of the story HERE
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
 "How's the Portsmouth, NH Real Estate market?" is a question Ann and I hear often. We find it valuable to provide statistical data to both our buyers and seller clients to help them understand where the real estate market has been, where it is now, and where it's most likely to go. Read the rest of the story..............................
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By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
Note to all boys and girls; "He's making a list and checking it twice, gonna find out who's naughty or nice. Santa Claus is coming to town." It won't be long now, a word to the wise. 
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By Sharon Tara, Retired New Hampshire Home Stager
(Sharon Tara Transformations)
Most people are familiar with the midnight ride of Paul Revere and its historic relevance to our nation. But most people don't know about Paul's midday ride to Portsmouth, New Hampshire, four months earlier.   242 years ago today, December 13, 1774,Paul Revere rode into Portsmouth to warn locals of the British intention to secure all their munitions. (to keep the rebels from getting their hands on them)Portsmouth's patriots gathered and planned an attack on Fort William and Mary. They swarmed the walls of the fort and seized 97 barrels of gun powder. As word spread of the successful attack more patriots were recruited. Before British reinforcements could arrive to defend the fort, the patriots attacked once more and seized cannons, muskets and ammunition.    Today at the fort, now named...
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By Sharon Tara, Retired New Hampshire Home Stager
(Sharon Tara Transformations)
The Haunted House on Middle Road in Portsmouth, New Hampshireis a Seacoast Halloween tradition.A Halloween happening....you don't want to miss! Every night in October the residents of 292 Middle Road open their yard and barn to the public as a Halloween gift to the city.It's FREE to enter.Don't let the fact that it's free fool you....it's better than many of the events you have to pay to enter. Every year the theme changes and more props are added.I've been visiting this Halloween masterpiece for nine years now. I've never been disappointed.  There are no actors....no spooky, chain-saw carrying monsters.It's simply a walk-thru experience to enjoy at your own pace.  Some of the scenes are pretty graphic and disturbing and may not be appropriate for small children.   Open every evening in...
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