Post & Beam Home with Organic GardenFor Sale in Eaton, NH

Thursday, June 12th, 2014

$199,900 Post & Beam Home with Organic Garden — A Home with Charm & Utility — New Listing

If a house could tell secrets on the current owners, 2012 Eaton Road would say the following: Tim is a professional cook who designed his kitchen for guests and function, or maybe also that Tim sometimes sneaks out of the house early to fish on Crystal Lake in neighboring Eaton, or maybe that Christine grows a strong organic garden and has for years. Also, this house raised two children who shared happy memories on Eaton Road before leaving for college.

This quiet country home has a wood stove, burns two tanks of oil annually, has a covered porch that faces the back yard and wraps around the house for grilling and enjoying the sun, and a walk-out basement for North Country toys and tools.

Ryan the Realtor ListingHere’s another secret: Tim & Christine are proud home owners who applied touch up paint to trim, stained decks, and finished odds and ends to make the transition for the next home owners easy. They have loved their home and they want the next folks to love their home as much as they do.

In short, they are a Realtor’s dream as they actually act upon suggestions and observations. Included are some additional photographs of this special property :)

Minutes to King Pine, Cranmore Skiing, and a short walk to historic Eaton Village Store.

 

Looking to buy a primary or second home and want the full listing sheet?

Downsizing, Up-sizing, Looking to Sell? FREE “Home Prep” Report and visitation from Ryan

DINING.2 LIVING.1 RAISED.BEDS BED.2.1 Ryan Mahan's New Listing

 

 

 

 

We Make it Easier to Find the Perfect Agent for You

Saturday, April 26th, 2014

You may remember our post from last week? If not, you can find it by clicking here.
Here I asked Nella Thompson, one of our REALTORS, some of the questions we recommend you ask during your search for real estate agentyour perfect agent. Below you will find her answers.

What do you feel is the best marketing tool in selling a home?

I feel the best marketing tool is on-line marketing! Today’s Buyers are tech savvy and begin the process searching from the comfort of their own home, once they have done their research and find properties to view its then that they contact an agent.

What is the most common ‘hiccup’ in the closing process?

The most common “hiccup” in the closing process is not using a local bank and closing company! Big Lenders and out of state closing companies do not know the area and the properties. We are in a unique area! Local banks know the area and many of the idiosyncrasies of the different condo developments. For example several of the condominium developments have on-site rental programs many out-of-state banks do not understand the mere concept of that sort of complex….the local banks do! And have the programs to fund the transaction. The Carroll County Registry of Deeds is NOT on-line…out of state closing companies are for the most part unaware of this fact and may wait until a week or so before closing to run a title search. If they find a title issue, the closing will become delayed until the defect has been corrected. Local closing companies have abstractors there at the Registry and know the process, it’s their job!

What are the top things buyers/sellers should look for in an agent?

First and foremost, they should be looking for a Realtor, not all agents are created the equal! As Realtors we adhere to a strict code of ethics. Buyers and Sellers should look for a Realtor that they can communicate efficiently with, someone they can trust, someone to get them “across the finish line” and who has the clients best interest in mind…not their own.

What sets you apart from other agents?

What set me apart from other Realtors is honesty, integrity, efficiency and local knowledge that comes only from growing up in the area. The Valley and I have grown up together! I love what I do…that I think makes all the difference in the world to both my clients and myself!

Remember to ask your agent any questions that come to mind! You want to have a good idea of who you are going to be working with. You can find a list of our other agents here. Contact us today to set up an appointment by calling 603.356.7200 or emailing Info@JtRealty.com.

 

Sellers and Buyers and Inspections …Oh My!

Tuesday, February 4th, 2014

A Home Inspection is an important part of buying a property.  You’re a Home Buyer after all, not a professional inspector who has been trained and tested to inspect for safety, systems and latent/underlying defects.  The Home Inspection is an expected contingency on a contract to purchase a property.

When a Buyer makes an offer on a home it should be based in part, on the visible condition of the home.  When I walk through a home with a Buyer, we take note of wear and tear, maintenance that has been done or neglected, water stains, dated/renovated rooms and appliances, slope of the lot, odors, condition of windows, exterior, decks etc.  We make our offer in part, based on this visible condition as we know and can see it.

This same scrutiny is done when working with a home owner in determining the market value of his home.  Sellers complete a property disclosure describing the age and systems of the house and disclose any renovations and repairs as well as known defects or malfunctions.  All this and more are considered and weighed against the price recommended to list the home to get it sold.  If the property is in need of repairs, it is priced lower to compensate for them.  Often a property will be priced aggressively at a significantly lower price than comparables because of the renovations and/or repairs the Seller recognizes the home needs. inspector

The Selling and Buying of a home should be a very thorough process on both sides.  In 2013 homes in Carroll County sold at an average of 95% of list price.  That’s a good indicator that home values are mostly in-line with their list prices.  There is some misconception however that a Home Inspection is used primarily as a renegotiating tool and that can undermine the purchase and sale.

 

Keeping in mind what a home inspection is designed for… to inspect for safety, systems and latent/underlying defects … a Buyer should not expect to renegotiate after inspection on issues that he was aware of when he made the original offer. Worn/stained carpet, or dated kitchens and bathrooms, are items that are apparent before the offer is made- and not to be negotiated after the inspection.  It’s also true, that unless a Buyer is purchasing a new home, the Buyer is NOT purchasing a new home.  In this case a Buyer looking at an older home should not be surprised if the inspection comes back noting the wiring is old. And in many cases, this has already been spelled out in the seller property disclosure.

However, an example of a latent/unknown defect in an inspection that merits renegotiation of an original offer may be the discovery of a failing furnace that has reached the end of its life or should be replaced due to gas leakage.   A Buyer would likely be unaware of this when he made his offer and renegotiate the price based on the replacement of the furnace.

The Home Inspection is aimed to help reveal hidden defects, safety hazards, and major structural problems.  It’s an important part of the purchase and sale process.  It’s a tool to aid the Buyer in knowing what he is inheriting so problems that are significant or too expensive to fix can be negotiated in the purchase and sale agreement.  It is a misconception that minor maintenance items should not be expected in the resale of a home or, that visual defects noted, should not be considered in a Buyers original offer to purchase.

Remember to keep small things small, but pay attention to the serious issues.

Kathy Prittie

“going the extra mile is worth the run”

Just Released – November 2013 Market Report

Friday, December 20th, 2013

The Carroll County November 2013 Market Report has just been released and can be reviewed here: November 2013 Market Stats

The residential market saw a little light at the end of the 2013 tunnel. The numbers of closed sales are up 6%, while new listings are only up 1%, which means we are using up some of the inventory. However, the average sale price went down 9% compared to this time last year, from $301,480 to $276,054, as the higher end homes are not selling as well as previous years. Days on market are the same.snowflake

Good news in the condo department this month…sales continue to bounce back. Although new listings are up 14%, the sold listings are up 32% from this time last year. What a great comeback year for condo sales! The average sale price also went up, from $152,488 in 2012 to $178,872 in 2013, as high end condos like Mountainside on Attitash are selling again. Days on market are about a week quicker this year.

We continue to be busy with ski season buyers and expect to finish the year strong. We have high hopes for the residential and condo markets in 2014!

For a price review on your property, please don’t hesitate to contact us.

Happy Holidays,

Joy

 

Based on information from the Northern New England Real Estate Network 1/1/13-11/30/13 for Carroll County.

Worst Time Of The Year May Be The Best For Real Estate Buyers

Monday, November 18th, 2013

1/4 mile up the road, cross country ski trailsWhy is the worst time of the year, often the best time for real estate buyers?

The holiday season and the following “worst weather” months are widely considered the worst time of the year for selling or buying real estate. In reality, these distraction-packed months – November to February – carry benefits for determined buyers. Join the “herd” of buyers who are active during traditional “good weather” home shopping months – starting with the spring frenzy of home buying – and this competition for properties can mean buyers pay more, lose out on good-value listings, and receive less attention from swamped mortgage professionals.

Get outside the traditional “box” of right times to buy and you’ll deal with sellers who are very committed to selling, real estate and mortgage professionals able to give you their full attention, and less competition for good-value listings. This lack of competition should mean you get more for your money with less hassle, more personalized service, and time to make confident decisions. Yes, tradition may dictate that you put your dreams and your life on hold to spend and eat too much over the holiday season, and then cut corners when bills come in during the winter. However, “we’ve always done it that way” tradition does not mean we’ve ever done it the right way. What priority do you give your real estate goals and dreams? Is it time for you to break from the buyer “herd” and make sure you receive the best buying opportunity possible?

The key advantage of shopping for a home during “the worst times” is that sellers who have listed their property during these periods are serious, often very serious, about selling. Motivated sellers understand why they benefit from taking offers to purchase seriously and take the time to explore how they may be able to work with the buyers. As we’ve discussed before, it’s about a lot more than purchase price. For instance, offering to match the seller’s perfect closing date can carry considerable value for the seller just as not asking for a huge shopping list of inclusions means savings for sellers.

There’s a practical side, too. Viewing property at “the worst time” can tell you a lot about what you can really expect from a property:

  • Visit a house during a hard rain and you’ll see how well the eavestrough system does its job. No overflowing gutters, waterfalls at corners, or soaked exterior walls. There should not be exterior water damage or water in the basement (at least from that source). Observe how the rain water flows off the land. Does it collect around the house or move to the street?  Pooling may indicate a potential basement problem. The longer water problems from poor maintenance continue, the greater the cost of repairing the damage. Paint may camouflage the trouble, but the problem will persist.
  • Drive by houses after a fresh snowfall and you’ll discover which are well insulated (snow on roof) and which are losing heat (melted snow).
  • Tour a house on a very windy day and drafts, insufficient insulation, and poorly-sealed windows and doors will be revealed.
  • Spend time in a house on a cold day and study how well the furnace heats the whole house. When a furnace is replaced, the duct work is not always adapted. Is it noticeably colder in the back rooms? How’s the second floor and the bathrooms
  • During the holiday season when parties and cooking are popular pastimes tour condominium units and you’ll see how far noise and smells travel in the building and into the suite or townhome you’re considering.

 

Are you ready to turn “the worst times for home buying” into the best time for your successful real estate transaction? Contact us at JtRealty  today to get your property listed for sale or to take advantage of the season!

 

Guest blog written by PJ Wade of Market Street Settlement Group, contact EWidmer@mssg.com for all of your closing and title needs. www.MSSG.com

September 2013 Market Report

Wednesday, October 16th, 2013

Dear Clients and Friends,

The Carroll County September 2013 Market Report has just been released and can be viewed here: September 2013 Stats

The residential market looks pretty good this month, although still not the improvement we were expecting this year. Sales are up 9% while new listings are only up 3% when compared to this time last year. The average sale went down 6% from $284,555 in 2012 to $268,090 this year to date, as the higher end homes are not selling as well as previous years. Days on market are 10 days shorter.

Great news in the condo department this month! The condo market continues to bounce back, with new listings up 15% but more importantly, sold listings up 37% from this time last year. The average sale price also went up, from $155,194 in 2012 to $176,553 in 2013, a 12% increase. Days on market are just about the same. If this trend keeps up, it will compensate for the declines of last year.

We have a couple of good weeks left in our selling season before things quiet down for the holidays. For an updated price review on your property, please don’t hesitate to ask.

Happy Fall,

June 2013 Market Report for Carroll County

Monday, July 29th, 2013

Dear Clients & Friends,

With continued improvement in several market areas across the country, it’s most important to stay up to date on our current market, as it can lag behind major metropolitan areas by a year or more. The June 2013 is ready for your review: June 2013 Sales Stats.

For the Single Family Home market, the number of sales is up 2% compared to this time last year, not a meaningful increase. However, new listings are up 4%, which means there’s a little more inventory out there than in past months. The median sale price is about the same, but the average sale is way down, from $305,531 last year to $233,707 this year. I believe that this means some of the lower priced homes have been selling as there hasn’t been that big an erosion in values. The average days on market is shorter this month, from 161 this time last year to 150 this year, almost two weeks quicker. This indicates a leveling off of house prices after some nice increases last year.

Condo inventory is increasing — there was a 21% jump over last year at this time. Fortunately, the number of sold listings is showing a bigger improvement with a 46% increase in number of sales, which we really need to get the inventory back down. The average sale price is up by 22% to $180,022 this year over last. But while condos are selling for more money, it is mainly because the cheap ones are gone, rather than any appreciation in current inventory. It is also taking a little longer: 160 days on market compared to 148 at this time last year.

Our peak selling season is just taking off, so if you’d like an updated Market Analysis on your property, just ask.

Your Realtor,

Joy

MINOLTA DIGITAL CAMERA

Carroll County – to Buy or Not to Buy

Monday, July 22nd, 2013

photoI think we all recognize the real estate market has stabilized and the increase in rates is reflective of this recovering market.  BUT- what that means to you exactly, if you’ve been window shopping on JtRealty.com, Zillow or Realtor.com… is if it is time to stop playing around and get serious?

Mortgage lending rates are higher, but not unreasonably so. Today’s rates still remain attractive from a historical perspective but if you’ve been postponing buying low- now is the time to pull the trigger.

You probably will wait a long time again before you see 3.5% 30-year fixed-rate mortgages.  At this time, 5% is likely the future rate, and that makes today’s rates, in the mid-4% range, look attractive in comparison.

In Carroll County, Residential Home prices have remained relatively flat over 2012.  When I refer to home prices- I mean what homes actually SOLD for, not the listing price.  With 266 new homes listed in June the inventory of homes on the market is up just 4.19% over June 2012.  The median sale price of a home is $177,500 as of June 30th, with average days on the market being 150.

For potential home buyers and for home sellers waiting to sell and upgrade their home- this market data is an indicator that now is the time.

  • Prices on homes aren’t going to get lower and you can anticipate a steady incline upward.
  • For those waiting to sell their home to get the most out of it and yet still buy low- don’t gamble any longer- now is the time!

If you wait longer, you may get more money on the sale of your home, but you will offset it with a higher priced home than what you can get today AND higher interest rates.

Condominiums in Carroll County are a hot commodity.  We have become a prominent 4 season vacation resort area…we are no longer that hidden gem in the mountains.  Condos in both summer and winter seasons do exceptionally well renting to vacationers.  For condominium owners, it’s an easy, hands off investment often supplemented with rental income making second homeownership possible.

There were 36 new condos listed in June making a total of 222 on the market in Carroll County.  Year to date, 98 condos have sold which is an increase of 46.27% over YTD in 2012.  The median sale price in 2013 for a condo is $167,000 vs $133,000 in 2012.

  • For potential condo buyers…you’ve missed the bottom of the market, but you can still buy low with low interest rates.  There are several loan programs available from local lenders to make this happen for you- ask me for a referral!  Our lenders are familiar with the condominium associations in the valley and can put together a loan program for you quickly and that will fit your situation.
  • There are condominiums with onsite rental programs and housekeeping.  You have a lockout closet or storage area to keep your personal belongings and the association does the rest.  When you want to use your condo- you call or reserve it online.
  • If you don’t want to rent your condo- then keep it all to yourself and enjoy the amenities and stress free ownership of a condo.  When you come to the valley, make it all about R&R- because you know the lawn is mowed, the driveway plowed, flowers watered, and the Valley is your playground.

*statistical data based on information from the Northern New England Real Estate Network, Inc. 1/1/13 through 6/30/13 and where indicated Year to Date for properties in the NH MLS in Carroll County

Lets work together and find your home- it’s more than just a dream, it’s your turn-

Kathy Prittie, 630-1399

Kathy@JtRealty.com

May 2013 Market Report – House Prices Go Down While Condos Jump Up

Tuesday, June 18th, 2013

The weather is warming up and so is the market. Our just released year-to-date report for May continues to prove this to be true, and can be viewed here: May 2013 Statistics

For the Single Family Home market, the number of sales is up slightly by just over 2%, and new listings are status quo. Slow and steady wins the race right? The median sale price is exactly the same as this time last year, but the average sale price is down significantly from $279,632 to $222,262. The average days on market are about the same: 155 this time last year and 159 this year. Seems like a correction in the market is taking place after rising prices last year, or maybe the lower priced homes are selling?

Condo sales are still looking really great. While there is more inventory this year (up 21% since this time last year) sold listings skyrocketed this month, increasing by a whopping 50%. Sales volume has almost doubled compared to this time last year. The median sale price is up 27% and the average sale price is also up, from $141,174 this time last year to $183,997. Either prices are starting to rise, or higher priced units are selling, good news either way. But while condos are selling for more money, keep in mind that condo prices went down significantly last year, so we are just playing catch up. Plus, it is taking a month longer to sell a condo these days: 159 days now compared to 134 at this time last year.

The end of June marks the start of our busy selling season, so the time is right to price competitively and wait for the offers to roll in. If you’d like an updated Market Analysis on your property, just ask.

Happy Summer and Happy Birthday to me!

Your Realtor,

Joy

JtReport: Condo Sales Are Looking AWESOME!

Tuesday, May 21st, 2013

In the economic outlook, housing remains a bright spot thanks to low mortgage rates, optimistic consumer sentiment and recovering job markets. Our just released year-to-date report for April continues to prove this to be true, and it can be viewed here: April 2013 Sales Stats.

For the Single Family Home market, the number of sales is down slightly again this month, by 4%, but new listings are down by a bigger number — 8%, which is good news since that means the inventory continues to balance out. The median sale price is up by 2% this month, although the average sale price is down, from $284,513 last year to $217,592 this year. However, when compared to last month, the average sale price is UP by over $10,500! The average days on market is shorter this month, from 169 this time last year to 151 this year, almost three weeks quicker.

Condo sales are looking up. While there is more inventory this year (up 17% since this time last year) sold listings have skyrocketed, increasing by a whopping 57%. Sales volume has almost doubled compared to this time last year. The median sale price is up 21% and the average sale price is also up, from $138,250 this time last year to $174,853. Either prices are starting to rise, or higher priced units are selling, good news either way. But while condos are selling for more money, it is taking longer: 171 days on market compared to 130 at this time last year.

We are ready for what we hope to be a bombshell summer! If you’d like a Market Analysis on your property, just ask.

Your Realtor,

Joy

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