IS TOUGH… AND THIS REPORT FINDS THAT LIVING HERE IN THE CITY IS GETTING MORE POPULAR… FINDING YOUR DREAM HOME IS ALREADY HARD ENOUGH… AND REAL ESTATE AGENTS SAY HERE IN THE GRANITE STATE… IT’S TOUGHER THAN EVER… <(CLIP: GREG POWERS ZOOM - 00:04:00 -00:04:08): "THERE'S JUST VERY LITTLE INVENTORY RIGHT NOW. AND A LOT OF DEMAND. IT'S PAINFUL."> A NEW MARKET INDEX FROM THE WALL STREET JOURNAL AND REALTOR.COM RANKS MANCHESTER AND NASHUA AT NUMBER 10 OUT OF 300 METROPOLITAN AREAS FOR EMERGING MARKETS… <(CLIP: GREG POWERS ZOOM - 00:01:51 - 00:02:02): "MANCHESTER IS AN HOUR TO BOSTON, AN HOUR TO THE BEACH, AN HOUR TO THE MOUNTAINS, SO IN YOUR FREE TIME, YOU CAN GO ANYWHERE, OR DO ANYTHING YOU WANT FROM HERE."> THEY SAY DEMAND HERE TO LIVE IN NEW HAMPSHIRE IS HIGHER THAN EVER… <(CLIP: TOMMY BOLDUC - ZOOM - 00:02:09 - 00:02:18): "WHAT WE REALLY WANT TO HAVE IS ABOUT 10,000 10,000 HOMES FOR SALE TO MEET THE DEMAND A BUYER HAS THAT WE HAVE IN NEW HAMPSHIRE, AND WE'VE GOT ABOUT 1000 HOMES FOR SALE."> THE REPORT SAYS THE MEDIAN PRICE FOR LISTED HOMES IN THE TWO CITIES TOPPED MORE THAN HALF A MILLION DOLLARS IN MARCH… <(CLIP: TOMMY BOLDUC - ZOOM - 00:01:11 - 00:01:22): "WE'RE STILL SEEING WE'RE STILL SEEING BUYERS STRUGGLE, BUT WITH INTEREST RATES HAVING RISEN IN THE FALL, AND THEN THEY'VE SLIGHTLY SOFTENED, IT'S, IT'S A SIGN IN THE RIGHT DIRECTION."> AND THEY SAY EVEN THOUGH IT MAKE TAKE SOME TIME… BUYERS SHOULDN’T GIVE UP FINDING THAT PERFECT GRANITE STATE HOME… <(CLIP: GREG POWERS ZOOM - 00:04:37 - 00:04:49): "PERSEVERANCE IS WHAT IT TAKES IN THIS MARKET. IT'S SO EASY TO GET DISAPPOINTED IF YOU MISS OUT ON TWO OFFERS THREE OFFERS BUT STICK WITH IT, UNTIL THE 10TH OFFER THE 11TH OFFER."> AND THAT’S THE BEST ADVICE THAT REALTORS SAID THEY HAVE
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Manchester and Nashua see top ranking for emerging housing markets, report finds
The data indicates that the median home price tops $550,000 in the two cities.
Updated: 11:01 PM EDT Apr 27, 2023
If you are looking to buy a home in New Hampshire, you should be aware that you will likely have a lot of competition. A new report from the Wall Street Journal and Realtor.com ranks Manchester and Nashua at No. 10 out of 300 metropolitan areas for emerging markets, this spring.”There’s just very little inventory right now. And a lot of demand. It’s painful,” said Greg Powers, a relator at Keller Williams. The data indicates that the median home price tops $550,000 in the two cities.Finding housing here in the Granite State can be incredibly difficult, several realtors told us tonight.”What we really want to have is about 10,000 homes for sale to meet the demand a buyer has that we have in New Hampshire, and we’ve got about 1,000 homes for sale,” said Tommy Bolduc, from Keller Williams. Inventory is running so low, that one home can see dozens of offers, Powers said.”I sold a condo in Merrimack recently. We got 19 offers and my sellers were looking for a house. They went to an open house in Raymond and that house got 28 offers,” he added.Many people from across the country have been drawn to the area’s access to the city and nature, Powers said, and cities, such as Manchester and Nashua, provide the best of both worlds.”Manchester is an hour to Boston, an hour to the beach, an hour to the mountains, so in your free time, you can go anywhere, or do anything you want from here,” Powers said.Realtors said their best advice is to remain persistent, even if several initial offers fall through.
If you are looking to buy a home in New Hampshire, you should be aware that you will likely have a lot of competition. A new report from the Wall Street Journal and Realtor.com ranks Manchester and Nashua at No. 10 out of 300 metropolitan areas for emerging markets, this spring.
“There’s just very little inventory right now. And a lot of demand. It’s painful,” said Greg Powers, a relator at Keller Williams.
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The data indicates that the median home price tops $550,000 in the two cities.
Finding housing here in the Granite State can be incredibly difficult, several realtors told us tonight.
“What we really want to have is about 10,000 homes for sale to meet the demand a buyer has that we have in New Hampshire, and we’ve got about 1,000 homes for sale,” said Tommy Bolduc, from Keller Williams.
Inventory is running so low, that one home can see dozens of offers, Powers said.
“I sold a condo in Merrimack recently. We got 19 offers and my sellers were looking for a house. They went to an open house in Raymond and that house got 28 offers,” he added.
Many people from across the country have been drawn to the area’s access to the city and nature, Powers said, and cities, such as Manchester and Nashua, provide the best of both worlds.
“Manchester is an hour to Boston, an hour to the beach, an hour to the mountains, so in your free time, you can go anywhere, or do anything you want from here,” Powers said.
Realtors said their best advice is to remain persistent, even if several initial offers fall through.
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