New Waterfront Listing in Springfield, NH

Turn key vacation home on Lake Kolelemook.  Enjoy the summers on the beach or boating on this 99 acre lake where the fishing is great and golf nearby.  Long lake views and easy access to local ski areas and snowmobile trails for winter fun as well.  All furnishings included.  2 bedrooms downstairs and one large room upstairs with four twin beds.  Offered at $239,000.

Jane Snow, Listing Agent, 603-526-4116

You’ll be moving in the right direction with Coldwell Banker Milestone Real Estate.

 

The Cost of Waiting to Buy

Every buyer wants to purchase at a great price and a low mortgage rate as that determines the monthly cost.  Here’s how today’s buyers are being impacted: Price – Based on a home price expectation survey released by Pulsenomics on Aug. 8, more than 100 forecasters predict a 6.7% annual gain in home values for 2013.  This rate is expected to slow to approx. 4.4% in 2014 and about 3.5% for the following 3 years.  In other words, if you were waiting for the bottom of the market to buy, you’ve missed it.  Prices are going up. Mortgage Rates –  The Bankrate Mortgage Trend Index released Aug. 15 shows that 67% of the experts and Bankrate analysts believe rates will rise over the next week or so.  Most experts believe the interest rate will level off between 4.5 and 5%.  The Feds have artificially kept rates low in order to stimulate the economy.  According to Frank Nothaft, Freddie Mac’s VP and chief economist, “as the economy continues to improve, we expect to see continued upward movement in long-term interest rates.”  In other words, mortgage rates are going up. Increases in prices and rates impact you;  your housing expense will be more a year from now if a mortgage is necessary to purchase your home.  My advice is to buy now - it could lead to substantial savings.  Contact me to work with the 2013 REALTOR® of the Year!  Donna Forest 603-526-4116, donna@donnaforest.com, www.donnaforest.com

Real estate markets are local, and we have the real scoop on ours.  Coldwell Banker Milestone Real Estate

Are Home Prices Going Up?

I’m sure you’ve heard on the news how prices and sales are going up nationwide. It is even true for the state of NH when all sales are taken into account. I hear the seacoast and southern part of the state are hopping. However, all markets are local, and looking at our area statistics, we have yet to experience a significant upswing in activity. The data below shows sales are even or a little ahead of 2012 YTD. New London - Currently 92 Homes for Sale 2013 36 Sold 92% of Asking 164 Ave. Days on Market (DOM) 2012 33 Sold 95% 209 DOM Newbury- Currently 63 Homes for Sale 2013 24 Sold 91% 156 DOM 2012 19 Sold 95% 124 DOM Sunapee – Currently 77 Homes for Sale 2013 30 Sold 92% 209 DOM 2012 30 Sold 93% 176 DOM Our market is moving in the right direction; just not as quickly as other parts of the state. Bottom line, buyers should be taking advantage of the low prices and low rates NOW! Sellers – do not overprice – it is still a buyers’ market! Contact me to work with a REALTOR® who understands how the market impacts you. Donna Forest, Broker Associate, 603-526-4116 donna@donnaforest.com; www.donnaforest.com Real estate markets are local, and we have the real scoop on ours. Coldwell Banker Milestone Real Estate

Price Reduced - Don't Miss Out on this Beautiful Home!

Price reduced from $749,500 to $699,000!  This wonderful 4 bedroom home has had recent, quality upgrades and the flow of the home is great for entertaining.  Many spaces to relax in and make memorable experiences with friends or family.  Swim in your heated, saltwater, in-ground pool and enjoy a cocktail on the patio.  There's even an ice hockey rink complete with a drainage system!  For more photos and details, visit www.NHCustomColonial.com

Emily Campbell, Listing Agent, 603-526-4116

Teamwork from the Team that works – Coldwell Banker Milestone Real Estate.

Looking for Your Weekend Fun?

There's a lot to do in the Lake Sunapee Region this weekend.  It's the start of the week long League of NH Craftsmen's Fair at Mt.  Sunapee Resort, Newbury, NH.  Hundreds of  juried members display their crafts for all to purchase.  Open 10-5pm daily.  Entertainment and interactive activities for all. Another big event is The New London Hospital Days.  Click here for details and schedule of events. There are also plenty of area hiking trails, the Lake Sunapee State Park and Beach, kayaking, shopping and great dining you won't want to miss.  Visit our Calender of Events to see what else is happening in the area.

Looking for the Perfect Combination of Views, Privacy, and Location?

This incredible home has it and more!  Beautiful, 4 bedroom contemporary home, separate guest quarters, studio (currently a state of the art ceramic facility), 2 bedroom apartment above, wood shop, sugar house, salt shed, and roadside barn.  The grounds are impeccable throughout 15 acres and boasts fantastic mountain views.  You won't be disappointed.  Offered at $1,375,000.  Visit www.NHPrivacyandViews.com to see more photos and details.

Marilyn Kidder, Listing Broker, 603-526-4116

Known for service, trusted for results – Coldwell Banker Milestone Real Estate.

Looking for Fun Activities Around Lake Sunapee?

Then don't miss the Hay Day Family Festival at The Fells in Newbury on August 10th.  Enjoy old-fashioned games, music, children’s art projects, scavenger hunt, petting zoo, face painting and delicious food. Features a live performance of the New London Barn Playhouse Junior Players at 1pm. While there explore the nature trails, visit the Fairy Village, view the Art in Nature-2013 outdoor sculpture exhibit and the Main House art exhibit, Animals of The Fells. Hourly historic tours of the Main House and a 1pm tour of the gardens offered. Members free, non-members pay site admission. Rain or shine.  456 Route 103A, Newbury, NH, 10-3pm, info 763-4789 or www.thefells.org

New Listing in Sutton, NH

This home has even been featured in "Country Home" magazine!  You'll love the warm and welcoming country charm this 3 bedroom, 2 bath farmhouse has to offer.  Baths have been recently remodeled.  The attached barn can hold all your toys.  Take an easy stroll to Sutton Village just down the road.  For more photos and details, visit www.QuaintNHFarmhouse.com.  Offered at $219,000.

Emily Campbell, Listing Agent, 603-526-4116

Known for service, trusted for results – Coldwell Banker Milestone Real Estate.

Looking for Access to Lake Sunapee? New Listing in Newbury, NH

You'll want to see this delightful 3 bedroom cottage, one lot back from Lake Sunapee, with partial water views and shared docking! You're steps to the shared dock where you can jump in your boat to enjoy a day on the water. Designed for vacation living with warm pine walls, open living/dining area, built-in window seats for reading that latest novel, an enclosed finished porch for that morning cup of coffee, and a large deck for summer BBQs. Minutes to Mt. Sunapee Resort for winter and summer fun. Plus, fully furnished - just bring your bathing suit! Offered at $350,000. Call to schedule your showing today! For more photos and details, visit www.FunonLakeSunapeeNH.com

Donna Forest, Listing Broker, 603-526-4116

Real estate markets are local, and we have the real scoop on ours. Coldwell Banker Milestone Real Estate

How to Sell Your Home in a Buyers' Market

The reality of today’s market is that it is still a buyers’ market and houses, on average, take about 6 months to sell. Here are some thoughts to help properly position your house for success.

  1. Price it correctly. If you need a quicker sale than the average days on market, then under price it. Most sellers tend to set the price too high, thinking their house is worth more than it really is. Check comparable prices of solds as well as what is on the market and price it less than your closest competition.
  2. Have your house in ready-to-show condition at all times. Place as few restrictions on showings as possible.
  3. Create great curb appeal. First impressions count.
  4. Get a home inspection and repair any deficiencies.
  5. Make your house more attractive than your competitors – de-clutter, clean, paint, update, and stage the property.

The key is to set realistic goals and work a little harder at having your property in “showing condition.” Give me a call if you are looking for a REALTOR® who can put you ahead of the game with proper pricing and preparation advice. 603-526-4116, donna@donnaforest.com, www.donnaforest.com

“Word of Mouth” is the best advertisement, and we love it when you refer your friends and family to Coldwell Banker Milestone Real Estate.