New Hampshire Real Estate Market Hot Despite Rising National Supply

National housing data show a possible opening of the housing market. According to NH Association of Realtors Vice President Joanie McIntire, this possible trend hasn’t reached the Granite State. “Just normal average workers, it’s still very, very difficult,” McIntire said. “Hopefully we’ll see some moderation, because a 20% increase in prices a year is, I don’t believe, sustainable.” Active listings on Realtor.com increased nearly 19% in June from a year ago. In New Hampshire, enrollment was up 4% from 2021. “While that might be a bit up, it’s still very, very low compared to what we’ve seen,” McIntire said. McIntire said homes still sell very quickly. “I have buyers considering condos, and they’re in 15 or 20 offers,” McIntire said. “A lot of first-time home buyers like you said make an offer.” Other realtors like Kami Zink say they are starting to see changes. “We’re starting to see home inspections coming back, which is huge for buyers, and we’re not seeing the crazy price offers coming in. They’re normalizing,” Zink said. Zink said sellers should think about s register as soon as possible. She said buyers should work with an experienced agent and prices may start to come down soon. “You’re going to start to see a change for buyers and we’re going to start bringing more people into homes,” Zink said.

National housing data show a possible opening of the housing market.

According to NH Association of Realtors Vice President Joanie McIntire, this possible trend hasn’t reached the Granite State.

“Just normal average workers, it’s still very, very difficult,” McIntire said. “Hopefully we’ll see some moderation, because a 20% increase in prices a year is, I don’t believe, sustainable.”

Active listings on Realtor.com increased nearly 19% in June from a year ago. In New Hampshire, enrollment is up 4% from 2021.

“While it may go up a bit, it’s still very, very low compared to what we’ve seen,” McIntire said.

McIntire said homes still sell very quickly.

“I have buyers considering condos, and they’re in 15 or 20 offers,” McIntire said. “A lot of first-time home buyers like you said make an offer.”

Other realtors like Kami Zink say they are starting to see changes.

“We’re starting to see home inspections coming back, which is huge for buyers, and we don’t see the crazy price offers coming. They’re normalizing,” Zink said.

Zink said sellers should consider signing up as soon as possible. She said buyers should work with an experienced agent and prices may soon start to drop.

“You’re going to start seeing a shift for buyers and we’re going to start getting more people into homes,” Zink said.

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