NH Local Reports

The market is a complete disaster right now with all of the news that has come out in the last few weeks. Massive investment and bank failures that broke the news in September have caused many to put a hold on plans to buy.

Not a lot to write about for the month of August. ( I am late in getting this report out and there is certainly lots to talk about for September) All the indicators that I typically track are still going, essentially sideways. Not up, not down. Just moving flat. I expect that the market will not change drastically until after the elections.

Need versus want? Need to buy, versus, want to buy! What we are seeing in todays real estate market is one where people are buying and selling homes based on a need rather than a want. People were in the market because they wanted a bigger home, or they wanted to move to a different town, or they wanted a second home.