77 North Main Street, Newton NH is a single family bank owned home with potential galore. Hip Roof Colonial built in 2004 boasting, 3 bedrooms, open concept kitchen with granite counter tops, multi baths, huge family room and a 2 car garage all located on over 3 acres of land.

MLS # 2813102  $268,900 Come take a look….

77 North Main Street Newton NH a video tour

New Hampshire Real Estate Blog

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

This is my first official video message as president of the New Hampshire Association of REALTORS and while we have room for improvement as far as the video goes I think it’s a great start to my year as president.

New Hampshire REALTOR Association President Monika McGillicuddy

We Drove over to Hampton Beach last night just in time to watch the Full Moon Rising over Boar’s Head just north of Hampton Beach, NH. We could see the setting sun reflecting over the buildings as Moon rose proudly over the Atlantic.  We shot the first part of this video from the side of road and then moved further up the beach. The second part shows the moon slightly higher and of course not as orange as the sun had already set. We ended up at North side park in Hampton.

Hampton Beach Full Moon video by Jay and Monika McGillicuddy

I’ve been working on teaching myself video editing and this is the 1st time I’ve used some sound effects and voice over all together. It was very windy with wind chills below zero so the conditions were far from perfect but it was a nice clear night!

Full Moon Rising over New Hampshire

Hope you enjoy the video

New Hampshire Real Estate Blog

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

We certainly ended the year with all indicators showing that the New Hampshire real estate market is moving on up.  That was a very nice thing to see especially after a pretty dismal start to the year. We ended being up 6% over 2008 in residential units sold.

Prices declined 10%

While the median sale price continued to decline with a 10% decrease over last years median price of $235,000, when comparing Dec 08 to Dec 09 there was only a 1.9 percent difference. Hopefully that trend will continue.  While no one has a crystal ball it does seem as if we’re in the middle of a comeback. Thinking of buying real estate in southern New Hampshire, now is not the time to sit on the fence. Give us a call we’d love to help you find that prefect dream home.

The New Hampshire Association of REALTORS publishes a Market Trend report on a quarterly basis, which is reprinted below with permission.

Congratulations for doing so well in 2009; now for 2010

-By Peter Francese

New Hampshire REALTORS® have every reason to be extremely proud that they not only survived 2009, but in fact sold more homes than in 2008. That was a huge achievement considering the near-record depth of the Great Recession.

During 2009, the bad news just kept coming. New Hampshire’s unemployment rate peaked at 7.2 percent in September – the highest it had been in almost 17 years. There were over 3,400 home foreclosures in 2009, almost as many as the nearly 3,600 in 2008. As if that were not enough, total statewide employment fell by over 15,000 jobs between November 2008 and November 2009.

But that was so last year. What about 2010? Well, the consensus of most economists is that the recovery from this extraordinary recession will get underway this year, although they also predict that the recovery will be slow and that it may take two years for our state to get back to some semblance of normal, whatever that is.

Considering how well home sales went when the recession was in full swing, there is no reason why this year should not be one of recovery. The state unemployment rate is below 7 percent (compared to the 10 percent nationally) and dropping. And new unemployment claims are also falling.

But as we know now, traditional employment is only one indicator of housing demand in New Hampshire. In addition to over 625,000 people with jobs, we also have in excess of 100,000 more who are self-employed. They normally can’t collect an unemployment check, so they are not included in the labor stats. But they’re a critical part of the New Hampshire economy and will play a key role in this recovery.

And let’s not forget the Philadelphia Federal Reserve’s index of state economic activity, which has been rising in New Hampshire since last September. It’s now over 193, still fourth highest in the nation and well above the 154 average for the other New England states.

Another New Hampshire advantage is that we have much healthier local banks than other states. None have been closed by the FDIC, and none are even on their watch list. That’s way better than in the early 1990s and bodes well for home sales in 2010.

All signs point to a reasonably robust recovery this year and next. But our state still has, shall we say, “issues.” We are now the fourth oldest state in terms of median age, and aging too rapidly for us to be complacent about future labor force growth.

One often overlooked aspect of the New Hampshire, however, is our residents’ very high level of educational attainment. Our state is among the nation’s top 10 in the percent of adults with a bachelor’s or graduate degree. Which of course explains why we are also in the top 10 in terms of median household and family income.

Well-educated workers are far more likely to work after age 65. New Hampshire’s Baby Boomers, who will be turning 65 at the rate of approximately 20,000 a year over this decade, are likely to follow that pattern, and many will continue working. That will do a lot to boost future economic growth, as well as second home sales.

Table I below shows that home sales grew in nine of our 10 counties between 2008 and 2009, but that sale price was lower in all 10. Median sale price did rise slightly statewide between November and December, and increased 10 percent for the nearly 2,400 sales in Rockingham County.

Condominium sales, however, did not increase year-over-year statewide, and their sale price was lower almost everywhere. Statewide residential median sale prices were only about 28 percent higher than condo median sale prices, and in three counties condominiums prices were actually higher. This suggests that the recovery in residential sale prices is likely to occur faster than that for condominiums.

Congratulations again for 2009, and may 2010 be even better.

Table I: Residential home sales for 2009 compared to 2008

Table 2: Condominium sales for 2009 compared to 2008



New Hampshire Real Estate Blog

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

Jay and I started a Hampstead NH Community page on Facebook. It is not a sales page or real estate type page but rather a community page. We’re hoping that people who live in and/or love Hampstead decide to join and eventually add pictures and posts to the page. It’s a totally opt in page with no spamming allowed. Just go to FaceBook and fan the Hampstead New Hampshire page by clicking right here >>>>  Hampstead New Hampshire Fan Page

Of course we’d also love it if you became a fan of our real estate page by clicking this link >>>> Jay and Monika McGillicuddy Prudential Verani

Take a video tour of Hampstead (make sure your sound is on)

New Hampshire Real Estate Blog

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

Dave Cummings who is a valued staff member of the New Hampshire Association of REALTORS plans to use the basketball court to help raise money and most importantly awareness for our veterans. A a sister of a disabled war vet this endeavor means a lot to me.

Hoops for Heroes

Dave is an awesome guy and I hope he makes his goal of sinking a total of 1 million free throws to raise $1,000,000 for The Fallen Heroes Fund .

Check out Dave’s Blog Hoop For Heroes to follow his progress or better yet how about donating to this very worthy cause.

From the Hoops for Heroes Website:

Every shot made shall serve as a reminder of the reverence
due those who have honored us with their selfless service to this country.
Every dollar raised shall serve to benefit those who now suffer for that sacrifice.
To all Veterans, though it will never be enough, this is our solemn thank you.

Wishing you all a very Happy and Healthy New Year

Blue Moon over Hampstead NH

Jay took this shot last night in our driveway.  A blue moon while not rare is not something we see often and while tonight is technically the Full Moon and yes it is a Blue Full Moon it looks like the clouds will cover it.

This is the second full moon in December and according to InfoPlease.com a Blue Moon is ….

What is a Blue Moon?

There are in fact two definitions for a blue moon. According to the more recent definition, a blue moon is the second full moon in a calendar month. For a blue moon to occur, the first of the full moons must appear at or near the beginning of the month so that the second will fall within the same month (the average span between two moons is 29.5 days).

What ever you do tonight stay safe and enjoy your New Years along with the Blue Moon!

Best Wishes in Twenty Ten

Jay and Monika

Video tour of 25 Valley Road in Hampstead NH. This home is bank owned and ready for immediate occupancy. This is a horse lovers dream come true.

New Hampshire Real Estate Blog

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

November was an awesome month as far as real estate statistics goes. Statewide  unit sales jumped 70% in November compared to November of 2008. We haven’t seen an increase like this in years!  Statewide the residential inventory dropped from a 22 month supply in Jan of 2009 to a 9.1 month supply which is the LOWEST it’s been since June of 2007! All good news and a strong indicator that we are on the rise!

Rockingham County Real Estate Statistics

Rockingham County is looking pretty good too with a 50.6% increase comparing Nov 08 to Nov 09 in residential unit solds. This will be the first time since 2004 that unit sales will end up ahead of the previous year. All good signs.

Prices are down

Prices are still down with Rockingham county year to date showing a 10.9% decrease with a median sales price of $176,000

Rockingham County Absorption Rate

The National Association of REALTORS considers a 6-7 month supply a balanced market and considering that in Jan of 09 Rockingham county had a 20.9 month supply the current figure of 8.4 months is looking mighty fine.

Tax credit waiting for you!

Consider also the tax credit offered to the first time home buyer, some terrific mortgage rates and you have a perfect real estate storm… are you ready?

If so, give us a call as we’d love to help you.

New Hampshire Real Estate Blog

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

I was recently honored to have been included on the Top 12 Women Real Estate Bloggers 2009 list. To say that I was surprised would be an understatement, I am still in shock over it.  I am extremely lucky  to have met most of the other woman who have made this years list and feel incredibly honored to be amongst them.  It’s an honor I will treasure forever.
This is the 4th annual Sellsius list and Joseph Ferrara from Sellsius decribes this years list on his site this way:

Sellsius’ 4th Annual Top 12 Women Real Estate Bloggers for 2009 were chosen for at least a year of blogging (some have many years), pushing the envelope, using video, and other things of more import, to me– community service, charity, and education– sharing beyond the written word.  Many I have met. Others I hope to meet.

Sellsius Top 12 Women Real Estate Bloggers 2009

Colleen Kulikowski BuffaloRealEstateNews

Mary Pope-Handy The Valley of Heart’s Delight

Dru Bloomfield AtHomeInScottsdale

Diane Guercio. a/k/a HeyAmaretto

Amy Chorew The  TechByte

Kaye Thomas. ManhattanBeachRealty

Jessica Riffle Edwards. CarolinasFinest/HotPropertyBlog

Susie Blackmon.  Bucking The Real Estate Trend

Elaine Reese. Central Ohio Real Estate News

Genea (Gena) Riede. Sacramento Real Estate Voice

Kim Wood West of Philly Burbs

and yours truly…

Monika McGillicuddy New Hampshire Real Estate Blog.