Lori Bishop

Build New or Buy an Existing Home?

While NH real estate sales rose in May by 3.7%, year-to-date, they are down 1.2%. The reality is there are just not enough homes on the market for the number of buyers looking to make purchases and that’s a serious problem.  The most desirable homes, the ones that are selling, tend to be smaller, and more affordable, slowing the median increase.

According to the New Hampshire Board of Realtors, A continuing decline in housing inventory pushed up the median cost of buying an existing single-family home in NH to $300,000 in May 2019 - 5.4% higher than May 2018. For the average 1,500-square-foot home built before the 1960s, that comes to about $200 per square foot. That said, the exact price can vary widely based on your geographic location.

Guest Blog: Spring Home Shoppers No.1 Competitor: Their Budget

This spring's home shoppers expect less competition overall as more inventory continues to hit the market nationwide, but will struggle with affordability as home prices continue to rise, according to new survey data released today by realtor.com®, the Home of Home Search?. The survey also found, nearly half of shoppers this spring are looking for homes at or under $200,000, which despite less competition will prove difficult to find, as this one segment of housing has actually experienced the largest inventory decline year-over-year.  

Memorial Day

Guest blog from history.com:

Memorial Day is an American holiday, observed on the last Monday of May, honoring the men and women who died while serving in the U.S. military. Memorial Day 2019 occurs on Monday, May [...]

Spring Yard Clean Up

We survived through the very long winter and I, for one, am so happy that Spring is finally here. I'm looking forward to longer days, warmer weather, spring flowers and enjoying time outdoors. Now that most of the snow has melted we are left with the remains of our Fall yard work this could be a good or bad thing depending on how much work you did several months ago. But, with newly thawed you’ll realize that the spring clean-up doesn’t have to be that bad. It just requires breaking down the tasks that must be done and having the right tools for the job. Through a series of simple steps and before you know it your yard will look spectacular and you will truly earn your summer! 

Spring Cleaning the Inside of Your Home

Spring has arrived and a deep spring clean-up is a must after a long winter when our homes have been completely closed up. Beyond the obvious regular cleaning tasks, here are a few hacks to use for a deep cleaning.

Use lemon to remove wet stains; rub one half of a lemon stains. The citric acid helps remove hard water marks. Remove water stains with lemon for a natural faucet fix.

Equity Builder Program = Down Payment Assistance

Three local New Hampshire banks have once again been selected to participate in the 2019 Federal Home Loan Bank of Boston’s (FHLBB) Equity Builder Program (EBP); Bank of New Hampshire, Franklin Savings Bank and Woodsville Guaranty Savings Bank. This program offers members grants to provide down-payment, closing-cost, and rehabilitation assistance and homebuyer counseling to households with incomes at or below 80% of the area median income.

Living In the White Mountains of New Hampshire

You’ll never quite get over just how beautiful the White Mountains of New Hampshire are.  The changes in the landscape in a true four-season environment are nothing short of magical, the views will literally make you weep. It is a true outdoor wonderland, and even if you’re not into outdoor activities, the scenery you take in on a daily basis is reason enough to want to call this area home.

Easy Ways to Increase Your Home's Value

Whether you're considering listing your home for sale or plan to hold on to it through your retirement years; keeping your home maintained and updated will increase its value. The best plan of action is to focus your time and resources on one room at a time.  Begin by making a list of all the things in each room you want to fix or upgrade and calculate the hard costs plus your time for each project. Knowing these two things will help you plan which room to begin with.  In addition to having a plan for each room, you should equally put together a plan for the exterior of your home. 

Homebuyer Education - Don't Skip It!

You learn an awful lot in high school and even more if you go on to college or a trade school; all this knowledge is important and will help you get a job and begin life as an adult. But, during all those years of education did anyone ever teach you how to create a household budget, manage your money and establish credit? Some folks are lucky enough to have parents that taught them these skills, but most people simply learn as they go – and make mistakes. Now imagine the time has come to purchase your first home – who taught you how that process works or even where to begin?  Jumping into the process by looking at homes first is usually the first move, but a wrong one.