This home has been lovingly cared for and updated through out the years. Auburn NH is located a short 12 miles from NH’s largest city, Manchester NH and is ideally situated for a Rte 101 or Rte 93 commute.

Majestic Lake Massabesic

Auburn also boasts being home to the largest portion of Lake Massabesic which is a 2500 +/- acre lake that supplies drinking water to surrounding communities and has walking and biking trails for all to enjoy. This home is being offered for sale for the fist time and has plenty of equity room for you to grow into…. come take a peek as I’m sure you’ll love it! MLS # 4018557 272 Chester Road in Auburn is offered for sale for  $184,900

A video walk through

Jay and Monika McGillicuddy, NH REALTORS

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

New Hampshire’s Swimming Holes

I always complain how short our summer season is in New Hampshire but I’ll be the first to admit that when it arrives I look for ways to keep cool. Since I always seem to be dieting ice cream is off limits lol but swimming isn’t. In fact swimming is perfect exercise and a great way to keep cool.

Nature’s best

New Hampshire has many neat swimming holes, some off the beaten path and others pretty easy to get to. So if you don’t want to fight the crowds at Hampton Beach or your local town beach does not appeal check out some of these cool swimming holes… they are truly nature’s best.

Creeks, Rivers oh my!

Not sure what a swimming hole is? Swimming Holes are usually moving fresh water like creeks and rivers and they are naturally beautiful without chlorine. Waterfalls, quarries and bays… they are all over New Hampshire so check out this website and find the swimming hole that works for you. Pack a picnic and have fun!

SwimmingHoles.org

Life is good in New Hampshire

Life is good in New Hampshire, not only are there lots of fun things to do but home ownership is within reach. If real estate interests you we have some incredibly priced homes to meet all budgets and with interest rates as low as they for a buyer ready for home ownership the time is ripe.

Call or e-mail us if you’d to chat about your home ownership options. I think you’ll be surprised at what might be awaiting you.

Contact Jay and Monika McGillicuddy, NH REALTORS

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

One of our favorite things to do for relaxation is camping. We have a motor home so camping for us is very comfortable but I will say that every now and then I do miss my tent camping days.  Living in New Hampshire gives us plenty of camping opportunities and while there are many awesome campgrounds right here in NH we do have a few favorite places in Maine.

Recently we tried a new to us camping spot. We fell into a cancellation and enjoyed a week camping ocean front in Southport Maine which is right next to one of our favorite destinations in Maine, Boothbay Harbor.

From our southern NH location Boothbay is a 2.5 to 3 hour ride and that makes it great for a quick getaway.  The slide show below highlights some pictures of the Boothbay Harbor area that we’ve taken during our many trips there, while the video showcases our campsite.

This trip we stayed at Gray Homestead Ocean Front campground, it is not an RV resort so if luxury is what you’re looking for this is not it BUT if an ocean front location is your luxury, you’ll love it here.

Ocean front camping

We camped right off the beach and while our location was in the open with no shade it was perfect for us. This video shows our campsite and a little bit of the Boothbay area.

Video of Gray Homestead Ocean front campground

Slide show of the Boothbay Harbor area

Life is good in New Hampshire, not only are there lots of fun things to do but home ownership is within reach. If real estate interests you we have some incredibly priced homes to meet all budgets and with interest rates as low as they for a buyer ready for home ownership the time is ripe.

Call or e-mail us if you’d like to chat about your home ownership options. I think you’ll be surprised at what might be awaiting you.

Contact Jay and Monika McGillicuddy, NH REALTORS

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

The NH real estate market has improved when comparing the 1st 6 months of 2010 to 2009 and while all this is good, some if not most of it can be attributed to the tax credit incentives. Whether or not these people would have bought a home with or without the tax credit is the sixty four dollar question and which is why we need to be optimistic but cautious.  The next few months will be very telling but all indications are that the phones have started ringing again,  something which since the tax credit expiration at the end of April had slowed way down for many REALTORS.

NH Market Trend Report

The New Hampshire Association of REALTORS Market Trend report is re-printed below with permission.

—By Peter Francese

You wouldn’t know it from reading the gloomy national real estate news, but both home sales and median sale prices are increasing in nearly every New Hampshire county. Statewide, residential home sales rose 10 percent over June 2009 and median price in June was up 2 percent over last year. Condominium prices rose 6 percent, but sold listings jumped 14 percent over June 2009.

It must be increasingly difficult to deal with potential home buyers and sellers who only look at national news. But perhaps the most troublesome thing is how risk-averse mortgage lenders can become after seeing scary but misleading headlines. It’s an uphill battle fighting negative perceptions with mere facts, but here are some anyway.

The central fact: in so many ways, our state is not like the rest of the nation.

During the first six months of this year, statewide residential home sales reached almost 5,300 units, up 18 percent from the first half of last year, and the over 1,400 condos sales in the first half were 28 percent above last year. First half median residential and condominium prices rose 4 percent and 3 percent, respectively, over same period last year.

What makes our state depart so far from the national average? Could it be that New Hampshire home buyers are more independent minded and not as influenced by the national media? Possibly, but it also may be that the characteristics of home buyers in our state are significantly different from those in the other 49 states.

For example, in New Hampshire more than one in five adults (22 percent) are 45 to 54 years old, compared to just 19 percent nationally (Please see Chart I.). That’s important because that’s the age range where household income is the highest. We therefore have a more than average number of households who can qualify for a mortgage — no small feat these days — and thus are more likely to buy a home, if they wish.

Chart I also shows that 225,000 New Hampshire residents are Baby Boomers ages 45 to 54 years old, and another 175,000 are Boomers aged 55 to 64 years old. That latter age is when families are most likely to buy a second home, or in some cases sell their larger family home and perhaps purchase a smaller or more convenient one.

But the peak Baby Boom 45 to 54 age group is followed by two smaller ones (35 to 44 and 25 to 34), where both family income and the rate of home ownership is lower. On average, only 45 percent of households ages 25 to 34 are now homeowners, compared to 74 percent of those ages 45 to 54.

This data come to us from the Census Bureau’s estimates branch, which recently published its last population estimates until the 2010 Census results come out next spring. This data is available for every county. Any New Hampshire REALTOR can obtain a copy of charts 1 or 2 just for counties you serve by sending an e-mail to peter@francese.com.

Chart 2 shows the estimated changes in New Hampshire’s age profile over the past decade. The two key things to notice about this chart are the sharp increases in young adults, ages 18 to 24, and the rapid increases in 55- to 64-year-olds.

This means that we may soon see an increase in demand for small starter homes for young people in their twenties, as well as a sharp rise in demand for retirement homes, many of which may be condominiums.

It may be useful to keep the following two facts in mind. First, as the number of people over age 55 increases, a rising percentage of households will be headed by women and more of them will want to buy their own home for themselves and possibly for when their grandchildren visit.

Second, New Hampshire ranks first among New England states and sixth in the nation in the percent of two-earner married couples. This means greater demand for homes with high speed internet access and at least one home office, and maybe two.

The monthly and first half home sales data from NNEREN are shown below, sorted by percent change in residential sales year to date (January through June) compared to last year. Note that sales rose in every county, and 8 in 10 counties had double-digit increases. The sharpest rises were in Strafford, Grafton and Merrimack counties, and those big increases continued right through June.

Home price increases were modest, but positive in all but a couple of counties. The superior economic performance of our state (low unemployment rates and higher levels of economic activity) suggests strongly that those increases will almost certainly continue in future months.

According to the latest housing unit estimates from the Census Bureau, about half of New Hampshire’s 600,000 dwelling units were in Hillsborough (27 percent) and Rockingham (21 percent) counties. Those two counties also accounted for half (49 percent) of all home sales statewide and two-thirds (66 percent) of statewide condominium sales.

It’s noteworthy that since 2000, New Hampshire’s housing stock increased 9.7 percent at a time when the number of year-round residents rose only 7.2 percent. This suggests that there is still a robust market for second or vacation homes in our state.

This is the 43rd annual Statham Fair and a event not to miss.  July 22 to the 25 at Stratham Hill Park on Route 33 in Stratham, NH. It will no doubt be an awesome time so start planning your visit!

For Stratham Fair info call 603-772-4977

Life is good in New Hampshire

Life is good in New Hampshire, not only are there lots of fun things to do but home ownership is within reach. If  real estate interests you  we have some incredibly priced homes to meet all budgets and with interest rates as low as they for a buyer ready for home ownership the time is ripe.

Call or e-mail us if you’d to chat about your home ownership options. I think you’ll be surprised at what might be awaiting you.

Contact Jay and Monika McGillicuddy, NH REALTORS

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

N.H. home sales, prices increasing      By Fosters.com

Sunday, July 18, 2010

Kevin Sperl/Staff photo Foundation work on a home site in the Lakes Region progresses in this 2006 file photo. Click here to view Foster’s prints for sale

CONCORD — New Hampshire home sales and prices continued to increase in June, compared to June 2009, according to data released by the New Hampshire Association of Realtors.

The 1,289 statewide residential home sales in June 2010 marked a 10 percent increase over the 1,171 sold in June 2009, and the 5,284 homes sold over the first six months of this year represented an 18 percent increase over the same period in 2009.

The residential median price, meanwhile, was $229,000 in June of this year, a 2 percent increase from May 2009, and the median price of residential sales January-June 2010 was $216,000, 4 percent higher than the first six months of 2009.

And while those increases are indicative of an improved real estate market, NHAR President Monika McGillicuddy stressed a cautious approach, noting that a more accurate measurement will come later this year, once the homebuyer tax credit no longer has an impact on the data.

Many of the sales which closed in June still involved buyers who signed a contract prior to the April 30 tax credit deadline.

“What we know is that we’ve had year-over-year unit sales and median price increases in each of the first six months,” McGillicuddy said.

Year to date, Belknap County had an 18 percent increase in residential unit sales as of June. Rockingham had a 22.2 percent increase and Strafford had a 29.9 percent increase.

Belknap County’s median sale price year to date increased 3.9 percent; in Rockingham it went up 3.3 percent; and it went up 5.3 percent in Strafford.

Average days on the market for Rockingham County declined 4 percent year to date, and declined 18 percent in Strafford County. They increased 3 percent in Belknap County.

Condominiums sales, meanwhile, showed similar statewide improvement on both the sales and price side, with June unit sales ahead of June 2009 by 14 percent, and median price up by 6 percent during the same period.

Year to date (January-June), condominium unit sales have increased 28 percent statewide, while median price is up 3 percent.

McGillicuddy said she is hopeful that the recent upswing, coupled with low interest rates, competitive prices and relatively high inventory, will sustain consumer confidence and provide momentum in the market.

“We expect that the next three to six months will be very telling,” she said.

Lynch signature punctuates legislative victory for NHAR

July 19, 2010

Flanked by, from left, Sen. Lou D’Allesandro, NHAR President Monika McGillicuddy, NHAR Past President Paul Sargeant, NHAR Executive Vice President Paul Griffin, investor Alex Iskandar of Lebanon, REALTOR® George Foss III, investor Ron Gosselin of Manchester and NHAR Government Affairs Director Bob Quinn, Gov. John Lynch signs Senate Bill 483 last week.

Lynch signature punctuates legislative victory for NHAR

Legislation originally drafted by the New Hampshire Association of REALTORS® earned the signature of Governor John Lynch last week, preventing the Department of Revenue Administration from applying the Business Profits Tax to federally recognized 1031 real estate exchanges.

“This rights what could have been a very substantial wrong,” said Sen. Lou D’Allesandro, the prime sponsor of the legislation, during a brief ceremony in the Governor’s chamb
ers Friday.

New Hampshire had been one of only two states attempting to tax such 1031 transfers involving so-called “disregarded entities.”

The new law also retroactively allows investors to engage in real estate exchanges permitted by federal law without paying the Business Profits Tax. The complete bill can be found here.

Among other arguments, NHAR had warned that preventing such like-kind exchanges would scare investors away from the state, as it had in other states that changed their law to capture this income.

It was a major victory, especially for commercial real estate, which relies heavily on 1031 transfers. NHAR owes a particular debt of gratitude to Sen. D’Allesandro for his leadership and assistance in passing this legislation.

During the bill signing ceremony, NHAR Public Policy Committee member George Foss of Littleton, a specialist in 1031 transfers, said, “This is a big win for the real estate industry, for the taxpayers of the state, and for the New Hampshire Association of REALTORS®.”

The above post was reprinted from a New Hampshire Association e-news.

Call or e-mail us if you’d to chat about your home ownership options. I think you’ll be surprised at what might be awaiting you.

Contact Jay and Monika McGillicuddy, NH REALTORS

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

We’ve lived in New Hampshire for many years and still even after all this time we can honestly say we never tire of it.  One of the many awesome things about being a New Englander is how close everything is, so when you want to explore beyond the borders of New Hampshire you have many options.

Exploring beyond New Hampshire

I often tell people that one of the most precious things about living in southern NH is that within 30 minutes or so I can be on the coast or within an hour and half be in the mountains.  It doesn’t matter what time of year it is, life in New Hampshire is truly special. If you’re a camper like us you can hop in you’re RV and camp along the shore or head to Maine, Vermont and of course points south. If you come for a visit… you’ll want to stay!

Life is good in New Hampshire

Life is good in New Hampshire and so is real estate. We have some incredibly priced homes to meet all budgets and with interest rates as low as they for a buyer ready for home ownership the time is ripe.

Call or e-mail us if you’d to chat about your home ownership options. I think you’ll be surprised at what might be awaiting you.

Contact Jay and Monika McGillicuddy, NH REALTORS

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

Lovely spacious, bright end unit at popular Cranberry Meadows. This home boasts cathedral ceilings, two large bedrooms with private bath. Green house bump out in dining room. Sliders to private deck over looking back yard. Two finished rooms in lower level w/sliders to yard. Fireplaced Living room and a Lopi gas fired wood stove in Lower Level family room. This is a must see unit, priced aggressively and just waiting for you.

Cranberry Meadow is a popular complex located in Hampstead NH that welcomes all ages.

Call Jay or Monika at 603-548-7728 to set up a showing or for more information about this fine Hampstead NH Condo.

Enjoy this Virtual Walk through of 23 Norfolk Street in Cranberry Meadows Hampstead NH MLS # 2836148  $229,900

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office