Wednesday, February 11th, 2015 at 11:17am. 204 Views, 0 Comments.
By Daniel Hussey
717 single family homes closed in January 2015 versus 696 last year. That is not a large stiatistical difference, suggesting both time periods generally saw the same activity to reach around 700 sales.
The average price was down by 6% comparing month to month. Last year, the average price in January was not typical. It was much higher than what we would expect as historically, home sales in January tend to have a much lower average price compared to other months.
The graph above shows historic sales by price point. For the most part, a general pattern can be seen year after year. The blue lines and markers indicate 2005, where the market peaked. There were a lot fewer sales below $200,000 and a lot more above…
Wednesday, January 28th, 2015 at 1:15pm. 4,630 Views, 0 Comments.
New Hampshire's largest home show is coming Friday, March 13 through Sunday, March 15 and The Gove Group will be there to celebrate! The 48th annual New Hampshire State Home Show will feature over 325 booths throughout three different exhibit halls within the Radisson Center of New Hampshire Expo Center in Manchester.
A visit to The Gove Group's interactive Booth (#1314 in the South Hall) will let you virtually browse through some of our favorite new home communities, learn about the latest in green building, speak to a friendly, knowledgeable REALTOR® and so much more.
Visit us all weekend to get The Gove Group Experience!
Friday, March 13.....1pm - 8pm
Saturday, March 14.....10am - 6pm
Sunday, March 15.....9am - 4pm
Wednesday, January 14th, 2015 at 12:15pm. 475 Views, 0 Comments.
After launching Linden Commons in 2012, Chinburg Properties and The Gove Group Real Estate are proud to announce that the community is now complete! Consisting of 24 single family homesites roughly 0.25 +/- acres each, Linden Commons offered affordable energy efficient homes within SAU 16. Not to mention, it’s just over a mile from downtown Exeter, allowing homeowners the convenience of in-town living.
The homes at Linden Commons include bungalows and capes, with the average home size around 1,700 square feet. Chinburg Properties prides themselves on building energy efficient homes, so each of the homes at Linden Commons is Energy Star Certified, ensuring green living that’s both good for the environment and your wallet!
Even though Linden…
Tuesday, January 6th, 2015 at 9:43am. 341 Views, 0 Comments.
As we gear up for another cold winter here in New England, one thing on a lot of people’s minds is the cost of heating their home. With oil prices dropping, it may not be as big of a burden this year as it has been in the past, but is still a large expense nonetheless. But fret no more, because a company called Nest has created a smart thermostat designed to allow you to easily and conveniently control your home’s temperature from anywhere in the world, 24/7, while also saving you money on heating and cooling costs.
The Nest Thermostat is energy efficient in design, allowing it to save you as much as $250+ yearly for a 1,500-2,000 square foot home, or up to 20% off your heating and cooling bills (according to nest.com). One of the best features about…
Wednesday, December 17th, 2014 at 9:59am. 473 Views, 0 Comments.
If you think you may be interested in buying a new construction home, or have already embarked on the process but feel lost or overwhelmed, this will help! We've outlined the steps of the process for you to ensure a smooth transaction.
Each transaction is unique, a new home could take 3–6+ months to build, but typically it’s around 4 months. Some of the factors that determine the length of time include the permitting process, the speed of municipal inspections, the composition of the lot, and the type of financing.
1. A buyer finds a new home plan in a subdivision that has everything they are looking for and through our marketing process, will be able to visualize what the home will look and feel like and determine the expense. The Gove Group has…
Tuesday, November 11th, 2014 at 8:43am. 429 Views, 0 Comments.
The Gove Group Real Estate knows and heavily tracks our new home communities' seasonal trends. The fall season typically has been a slow time for home owners to sell and, in turn, purchase a new home. This year we are seeing a resurgence away from that historical trend. Homes so far this fall are changing hands more quickly due to flexibility, less inventory and a little boost of savings with regards to taxes. Contributing to this influx are the mortgage standards; such as credit score requirements that have started to loosen, and mortgage rates still remaining low.
Most of the home buyers purchasing at this time of year are not ones with school aged children in mind. They are ready to move and have typically been home surfing all summer looking…
Tuesday, October 7th, 2014 at 9:43am. 1,345 Views, 0 Comments.
Greenland, New Hampshire has been one of the Seacoast’s most popular towns for quite a while. Some of the reasons why Greenland is so desirable are the property taxes are low, it’s so close to Portsmouth, and together with Portsmouth they have a great school district. And homes are going quickly; in September, the homes under contract in Greenland were only on the market for an average of 35 days. One thing buyers will likely notice is the high prices in this town, which are influenced by Greenland’s desirability, and the high cost of land.
The good news is that The Gove Group is marketing a small cul-de-sac community in Greenland featuring brand new, energy efficient, single family and duplex-style homes; and it’s the least expensive way to own…
Friday, August 22nd, 2014 at 10:10am. 713 Views, 0 Comments.
The housing market in the Seacoast area has been heating up lately, and many buyers are finding themselves in a bidding war for the home they want. Receiving multiple offers is a seller’s dream, but often can be very scary for a buyer. Not to panic, because we’ve got these tips on how to stand out of the crowd.
Choose a reliable lender – One of the most important steps in home buying is to get preapproved for a loan. Some sellers won’t even look your way without a preapproval letter, so having one will secure your spot in a bidding war.
In addition, having a reliable lender who can be on speed dial during the bidding war process is invaluable. That way, if any questions come up about your financing ability, they can be taken care of immediately…
Monday, August 11th, 2014 at 11:03am. 965 Views, 0 Comments.
A short sale refers to a situation when a borrower asks a lender to accept a loan repayment for less than the full owed amount. Generally, this means that the buyers could have overpaid for their home. While short sales are typically still a hit to your credit, there are some benefits to short sales. For example, on the seller's end, you will not have to go through a foreclosure. The buyer picks up a property at a potential discount, and the lender avoids taking on the burden of unloading the property.
Sounds pretty good, right? Be careful! Many homeowners prefer a short sale to a foreclosure because they believe there's less of a stigma associated with a short sale. However, both options can lower your credit score…
Monday, June 30th, 2014 at 10:07am. 5,377 Views, 0 Comments.
Why We Love the Seacoast
Year after year as we grow, it seems we appreciate the area we live in more and more. If we live at a location even an hour in-land, we still make that annual trek to the beach or up the coast to the best beaches. We recognize that the beaches and the water are top notch, and apparently we were correct.
The Natural Resources Defense Council released its annual Testing the Waters report stating 35 United States beaches — including three in New Hampshire alone — were ranked as “superstar” status based on testing conducted last year.
Hampton Beach was ranked for the cleanliness of its water. Wallis Sands Beach and Wallis Sands State Park also received “superstar” status. NH maintained its overall No.2 cleanliness ranking…