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New Housing Data Shows Sales Strong, Prices Soft

Residential properties in New Hampshire continue to move at a strong pace. 

More than 1,100 homes sold in September. That’s a 7.5% jump from 2011 levels, fueled in part by very low mortgage rates.

Prices, though, remain flat. The average sale price last month was just under $200,000, a slight dip from August.

Ned Redpath with Redpath Realty in Hanover says buyers still control the market

"The homes today have to be in a good and demandable location, they have to present very well. And they have to be priced according to what that package offers. Buyers won’t over-pay."

Nationally, home prices rose for the 7th straight month, and new homes sales are at the highest level in two years.

As a general assignment reporter, I pursue breaking news as well as investigative pieces across a range of topics. I’m drawn to stories that are big and timely, as well as those that may appear small but tell us something larger about the state we live in. I also love a good tip, a good character, or a story that involves a boat ride.
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