Blog :: 04-2015

Low Home Inventory on the Seacoast!

Low Home Inventory! Do you know what that means? 

That means your home might be worth more than you think. That means your home could sell quickly.

Here on the Seacoast we have QUALIFIED buyers actively looking for their new home. We just do not have enough homes to show them.

According to the Seacoast Board of REALTORS® April Press Release, "Real estate sales activity in the 13 Sample Seacoast Towns registered modest monthly gains in March as record low inventory levels limited the spring market to a sluggish start." 

Last week, we called neighbors and previous clients with homes that met our buyer's desires to see if they would consider selling their home.  

In our office, we have personally seen recent bidding wars, multiple offer situations, and homes going under agreement within 24 hours of listing.

Based on NNEREN MLS reports, for the months of March and April (to date) Great Island Realty's closings in the same 13 Seacoast towns, have a 99% of list to sell price with an average of 16 days on the market!

So while you may be waiting for the warmer weather to get your spring clean on and yard work done, buyers are out looking for homes. So call Great Island Realty today to have one of our amazing agents come tell you what your home is worth. 

 

Happy Earth Day 2015!

There is a lot going on around the Seacoast to celebrate Mother Earth today and throughout this month! Shopping at the local farmer's market, participating in a beach clean up and attending Solarfest at UNH all help contribute, do you know that there is a lot you can do at home to become more green?

According to the National Association of Realtors® 2014 Profile of Home Buyers and Sellers, in New Hampshire Heating and cooling costs, energy efficient appliances and energy efficient lighting are all considered "very important" factors when purchasing a new home. Especially when building a new home.

There are simple steps to start with to make your home more "green":

  1. Switching to energy efficient light bulbs. While LED bulbs might be more expensive up front cost, their long life and energy efficiency will save you money in the long run
  2. Change to programable thermostats. The new Wi-Fi thermostats quickly learn your heating schedule and reduce the amount of time your heat is running
  3. Install water saving shower heads
  4. Upgrading appliances, doors and windows to ENERGY STAR® rated items

Be sure to check out NHSaves.com for rebate and discount information as provided by your utility companies. There may be ways to save money on the items to help turn your home into a more desirable home with energy efficient features and lowered utility costs!

At Great Island Realty we will be focusing on being more green as well: Using less paper, more recycling and unplugging our computers at night!

Enjoy this beautiful Earth Day! 

Check out our Pinterest Board: Going Green for more tips and tricks! 

 

 

 

Town Spotlight: Rye, NH

Town Spotlight: Rye, New Hampshire

Rye was the first New Hampshire settlement by a group of Fisherman at Odiorne Point. Rye was formally known as Sandy Point which indicates what is is best known for, a stunning coastline. 

Located directly on the Atlantic Ocean, Rye boasts the longest coastline in New Hampshire and Odiorne Point is now a state park that is the largest undeveloped land on the 18 miles of New Hampshire coastline. Rye is also home to four of the nine islands known as the Isles of Shoals and several beautiful beaches, including Wallis Sands and Jenness. 

Almost all of the commerce in Rye stems from local  businesses. 

Real Estate in Rye, NH

Rye's real estate has a wide variety of homes for sale. On the beach cabins to ocean front mansions, inland  starter homes to new construction lots. The current residential listings range from $174,900 to $3,950,000 further outlining the wide range available. 

Home buyers flock to this town because of the beautiful scenery, historical presence and great commuter location being approximately an hour from Boston and minutes from Portsmouth.

Click here to search for homes for sale in Rye, NH

Number of Homes on the Market TODAY -51

Average LIST Price in the Last 60 Days - $800,756

Average SOLD Price in the Last 60 Days - $3,950,000

Number of Homes Sold in the Last 60 Days - 9

 

Restaurant Week Portsmouth & the Seacoast!

Restaurant Week Portsmouth & the Seacoast

One of our favorite Seacoast events is the Portsmouth Chamber of Commerce's Restaurant Week! It's a sure sign that spring has arrived in New Hampshire and is a great reason to try out someplace new!

If you are new to the area, a visitor or a local you are sure to see some amazing menu items and take advantage of the pre fixe pricing ($16.95 for lunch and $2295 for dinner.)

The 2015 Spring event lasts from this Thursday April 9th to  Saturday April 18th.

If you are from out of town, this is a great way to see what the Seacoast has to offer!

We are certainly looking forward to a few extra nights out on the town!

Call Great Island Realty today if you want to coincide a property tour while making your dinner reservations! 603.433.3350

 

Follow Great Island Realty on Facebook and Twitter for up to date details and pictures of where your favorite real estate agents are dining! #RWPortsmouthNH #GIRoutandabout

For more details please visit: 

http://www.portsmouthchamber.org/restaurantweek.cfm

 

 

Spring Cleaning & Staging: Now is the time!

Spring Cleaning & Staging: Now is the time!

Here on the Seacoast, it is finally starting to feel like Spring! And since it is time for you to do your spring cleaning, you might as well consider an important factor when selling your home: Staging It.

However, no matter how clean your home is, or is not, staging is beyond just cleaning. The goal is to give prospective buyers the vision to picture themselves living there.

According to the National Association of Realtors® 2015 Profile of Home Staging: 

"Thirty-two percent of buyers' agents believe staged homes increases the dollar value buyers are willing to offer by one percent to five percent."

A qualified real estate agent can advise you on how to 

1. De-personalize - a neutral setting to help a buyer envision where they would hang their family photos. This includes possibly changing your neon green daughter's room to a more popular shade.

2. De-clutter - a house can be clean and still have clutter. Use your spring cleaning and impending move to take this time to purge! Donate, have a yard sale, start packing or throw it away! 

3. Furniture Arrangement - Your real estate agent can help you by either using your existing furniture to help define a space, or perhaps they have you rent/borrow/buy a new piece to help display how an oddly shaped space might function better.

Check out Great Island Realty's Pinterest Board "Tips and Tricks" for more home staging and curb appeal advice!