Blog :: 04-2015

Check out all the Lakefront Listing in New Hampshire on our Website www.nhlakesrealty.com 

Guidelines for Boat Washing, Splish-Splash Your Boat Needs a Bath!

Boat PictureFor  information on lake homes call 1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.

Contact Carl Sack or Paula Hinckley   #nhlakesrealty

Luxury Meredith NH Waterfront with Boat House and Heliport

 

lake winnipesaukee luxury adirondack

6 Private acres with 300 feet of shoreline

 

Meredith, New Hampshire USA It's very rare that a Lake Winnipesaukee waterfront property offers the privacy, views, & overall serenity that this very special property radiates. The "old lake" feel is all around you. It all starts as you drive up the winding private roadway through a serene forest & past your own field of dreams. As you continue onto the property this "feel" abounds from the award winning landscape design by Matarazzo. The thought, design, & quality placed into the structures by the owner, one of New England's premier home builders, continues to capture that same feeling of tranquility. This property offers the special treat of being able to sit on your deck and look at just water, islands, & mountains & feel like you are in your own world. Even the magnificent two bay boathouse, which boasts a registered heliport above it, has been designed to be part of the landscape. This 5,000+ sq. ft. home is of true & timeless Adirondack design. Home features 5 bedrooms 4 baths and a 3 car oversized garage.  Golf - Hiking - Shopping - Skiing -  Visit Restaurants by Car or Boat Come visit this is truly rare & unique offering...and stay!  Listed by Roy Sanborn and Ashley Davis  of Four Seasons Sotheby's International Realty

 

Spectacular Open Water views priced under $4 million

Spectacular Open Water views priced under $4 million

 

For additional information on lake homes call 1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.

Contact Carl Sack or Paula Hinckley   #nhlakesrealty

 

Sandwich NH Real Estate, Private Location with brook on 8+ acres

 

Sandwich nh real estate

Just Under 3000 square feet priced at $479,000

 

Sandwich NH Get away from it ALL in this high quality, lovingly built home on eight private acres with frontage on the babbling Weed Brook! Such a convenient location in eclectic Sandwich is very rare indeed! Peace, quiet, serenity"¦you'll find it here! A nicely wooded lot with perennial gardens that will bloom all season. There's plenty of space to plant your summer vegetables too! This home lacks nothing. It's easy to heat or cool and has plenty of light year round. Enjoy the inviting warm oak and cherry woods throughout, huge eat-in kitchen, formal dining room with built-ins, great room with stone hearth and gas wood stove, and first floor master with private bath and jetted tub. The generous lower-level is finished with a comfy family room, playroom, wet bar, office, and laundry.

 

Bright Wood Interior with Stove for Cozy Fall Nights

Bright Wood Interior with Stove for Cozy Fall Nights

 

The large attached garage and shed offer storage for your boat and toys plus overhead storage! Also an enclosed porch, kennel and garden shed! Squam Lake is just down the road, as is Lake Winnipesaukee.  The home feature 3 bedroom, 4 baths plus a 3 car garage and utility shed. Skiing - Golf - Shopping and the Sandwich Fall Fair are all just a short drive away.  Listed by Keller Williams Lakes & Mountains Realty, Mary-Ann Schmidt    See this now!

 

8 private acres with brook and plenty of Wildlife

8 private acres with brook and plenty of Wildlife

 

For additional information on lake homes call 1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.

Contact Carl Sack or Paula Hinckley   #nhlakesrealty

Low Lakefront inventory will drive NH vacation home sales 2017

Low NH Lakefront inventory will drive vacation home sales in the NH Lakes Region 

Eager buyers:

Low-interest rates, desire for vacation option after rough winter are other motivating factors.

 

Great Waterfront Access to 44,000 acre Winnipesaukee

Great Waterfront on 13 Acre  Winnipesaukee Luxury Home

 

By BARBARA LEECH

Special to the Union Leader

With fewer vacation homes on the market than last year, and a resurgence of buyers motivated by low-interest rates and a difficult winter, Realtors in the Granite State are poised for several fast paced months of sales.

Market conditions generally vary from the Seacoast to the Lakes Region of the state, but overall agents say they expect it to be a hectic sellers' market this spring and summer. That occurs whenever inventory is less than the number of buyers who are out there searching. And even though there is still a little snow left on the ground, buyers have already started their search. Realtors say that vacation homes will be in high demand in New Hampshire unless there is a sudden boost to new listings.

 

Best Value at $2 mil and 7000 square feet with - Deep Water Docking - Sandy Beach

Best Value at $2 mil and 7000 square feet with - Deep Water Docking - Sandy Beach

 

Lakes Region buyer rebound

According to Frank Roche, president of Roche Realty Group, Inc., with offices in Meredith and Laconia, the months of January,

February and the first two weeks of March were slower than last year due to the extremely cold and snowy winter.

Roche said he see this as the calm before the storm when it comes to buyers.

"The Lakes Region market is poised for increased activity during 2015, in the vacation home market. Boston and surrounding areas experienced a record annual snowfall of 110 inches, making it difficult for buyers to embark on house hunting in the Lakes Region," he said. "But, we have seen a surge of recent activity. Our office has 61 pending sales, and that's a good headwind, heading into spring."

Roche noted strong interest in water-access communities, condominiums, and reasonably priced waterfront homes. He said the aging population and demographics of the baby boomers continue the demand for semi-retirement properties scattered throughout the Lakes Region. He also feels buyers today feel more comfortable about the economy and making that move.

"I think that today's consumer is benefitting from the lower rate mortgage environment and dramatic drops in prices at the gas pump, and home heating oil," Roche said. "Additionally the stock market has produced healthy gains during the past several years."

The harsh winter might be to blame, but prices and sales so far in the Lakes Region look lukewarm, even though they might be poised to boil this spring. Roche said the first three months of 2014, there were 20 waterfront home sales on Winnipesaukee, at an average selling price of $974,658. The average listing price was $1,047,820. For the first three months of 2015, there were 19 Lake Winnipesaukee waterfront home sales, at an average sales price of $843,789. The average listing price was $898,878. Comparing the above figures, it is easy to see that the average prices have trended downward for the first quarter, but Roche said that simply means today's buyers are picking up some good values.

Nicole Watkins, Lakes Region Realtor for Berkshire Hathaway Home Services Verani Realty, said it has become more difficult in the past three years to find Winnipesaukee lake homes with the more desirable list of amenities. This year inventory may make finding just the right home more difficult and when a buyer does they may have some competition from other buyers.

"In the price range of say, approximately $1.3 million or less, for example, I might have been confident that I could find a Winnipesaukee lakefront home in Meredith that had a certain level of fit and finish for $1.2 million last year," Watkins says, "But, I might be more dubious that I could do so this year."

Watkins said there is also a shortage of new or fairly new construction when it comes to vacation homes near Lake Winnipesaukee, and that goes for all price ranges. She said spec building, where a home is built on the speculation that a buyer will eventually purchase it, either during construction or shortly thereafter, has been fairly limited in the past three years or so in the Lakes Region, mostly due to the economy.

But the economy and the region real estate market has stabilized according to Watkins.

"In my opinion, sellers have had increasing confidence in the value of their properties in the past six months-to a year," she said. "Lake homes are as distinctive and idiosyncratic as individual people are, so it can take time to find the right person for a property. But, sellers are comfortable with that fact."

According to Watkins, the number of days on market do not necessarily translate into lower selling prices when it comes to Winnipesaukee waterfront properties.

What are buyers looking for?: Roche said when it comes to vacation home water access is still a huge draw. At South Down Shore and Long Bay on Winnipesaukee, he has seen very strong sales momentum.

"In these two communities, you see a wide variety of price ranges ranging from a low of $120,000 for a two bedroom, meadows condominium home with attached garage, to a high of $757,200 for a gorgeous home overlooking the water. Homes at the Grouse Point Club on Winnipesaukee in Meredith, likewise have been selling well. This high-end gated community offers views on the lake, sandy beaches, and a yacht club."

Mountain Region seeing demand

 

squam lake homes

New Construction at Squam River Landing - View Homes

 

Steve Loynd, managing broker of Alpine Lakes Real Estate in Lincoln, says that with 31 years in the business of rental and sales of vacation homes, he has witnessed the market in just about every possible condition. Right now, he said things are looking up in the White Mountain region and demand for vacation homes may be rising faster than new listings are coming in.

"In my immediate market near the Loon Mountain ski resort, I'm seeing more demand, earlier than usual this year," he said. "When winter leases start to come to an end, there is always a push to buy. Families have had a great winter and after renting, ownership is the next step. This spring shows strong attributes of sales volume."

But those sales will need to be supported by new listings coming on the market.

"There is a limited amount of inventory in many of the area White Mountain towns. The national and State Forest areas make for less growth and fewer developments, so scarcity and seller expectations will be a factor in negotiating price."

But some sellers can expect to get a little more than they would have in recent years depending on their type of property. Loynd said many of the homes and condos he deals with have risen in value over the past year, while land has remained somewhat stagnant. Like in all markets, he says, the best properties go first and the overpriced ones lag behind wishing for a greater market recovery than what is realistic.

What are buyers looking for?: According to Loynd, the typical buyer of mountain region vacation property is hoping to get the children away from electronic devices for new outdoor activities and more time with the family.

"Most of my buyers are from the suburban Boston area, southern New Hampshire, and Rhode Island.

Some have a connection to the state, because they attended college here, and we offer a comfortable safe place to come and play," Loynd said. "The lack of income and sales tax is a true New Hampshire advantage over other states "¦ and the hundreds of thousands of acres of Forest Service land is a big draw."

 

Winnipesauke lakefront real estate for sale - wolfeboro nh

One of the Many homes in Wolfeboro located on Winter Harbor

 

For additional information on lake homes call 1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.

Contact Carl Sack or Paula Hinckley   #nhlakesrealty

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Meredith NH Lake Winnipesaukee Luxury Waterfront - 13 Acres

 

lake winnipesaukee meredith nh lakefront

Luxury Winnipesaukee Waterfront @ $1.9 million

 

Meredith NH  Windover Farm provides a truly unique and one of a kind Lakes Region living experience. This gorgeous, custom built Adirondack home is situated on 13 acres of pastures and woodlands with stone walls and a pond plus stunning mountain views. Follow the meandering path on your golf cart that leads to 155' of frontage on Lake Winnipesaukee! Here you will find a cove with 40' dock, perched beach, and rustic cabin (to be built.) It's the best of both worlds. This open concept home is elegantly crafted with the finest materials and utilizes the latest in "green technology" for energy efficient living. While located close to all Meredith and Lakes Region amenities, this property provides total privacy and seclusion. The home features just under 5000 square feet of elegant woodwork. five bedrooms, five bathrooms, two fireplaces and plenty of room to expand. So, whether you are looking for a country estate, a potential horse property, or waterfront retreat, come see what "Windover Farm" has to offer you! You may just want to make it your own"¦ Listed by Roy Sanborn and Ashley Davis of Four Seasons Sotheby's International Realty.

 

Great Waterfront Access to 44,000 acre Winnipesaukee

Great Waterfront Access to 44,000 acre Winnipesaukee

 

For additional information on lake homes call 1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.

Contact Carl Sack or Paula Hinckley   #nhlakesrealty

 

Classic Lake Winnipesaukee Waterfront with Boathouse, Wolfeboro NH

Classic Lake Winnipesaukee Waterfront with Boathouse, Wolfeboro NH

Enjoyed and loved by the current owner for the last 58 years. A true slice of paradise in desirable Winter Harbor on Lake Winnipesaukee. This property is about the sand, the crystal clear water, boathouse, decks, and breathtaking sunsets. It's simply about bringing family and friends together. 2 lots of record, very private...last house on the dead end of the street.  This 5 bedroom 4 bath home was designed with your family in mind. Plenty of room to spread out inside and tons of decks and patios to gather in during the summer months. Minutes to downtown Wolfeboro the Oldest Summer Resort in the United States. Perfect to use as is.....or an amazing spot to build your dream home on this perfect .92 acre lot.    Listed by Jodi Hughes of Prudential Spencer-Hughes R E

 

boathouse lake winnipesaukee 5 Bedrooms 4 Baths
$998,000 with Boathouse

5 Bedrooms 4 Baths $998,000 with Boathouse

 

For additional information on lake homes call Four Seasons | Sotheby's International Realty at 1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.

Contact Carl Sack or Paula Hinckley   #nhlakesrealty

 

Seller's market: NH Real Estate Market is Changing 2017

Houses are already moving fast in the Manchester-Nashua area. Nicer weather is expected to quicken that pace.

 

A three-bedroom ranch-style house in the Elwyn Park area of Portsmouth went on the market for $330,000 on March 20 and was under contract two days later.

A three-bedroom cape in Hanover was listed last Monday at $525,000, with two offers in 48 hours.

A $450,000 home in Bedford recently sold within a week at 99 percent of list price.

These tales from the front lines are among the signs pointing to the most robust New Hampshire housing market for sellers in more than a decade, as the long, dreadful winter finally gives way to spring.

Realtor.com last week rated the Nashua-Manchester market as the 11th hottest in the country, based on the number of residential real estate "views" on listing websites, com­pared to the number of listings posted, suggesting that there are a lot of potential buyers chasing a limited inventory.

The same can be said of the Seacoast area and the Upper Valley.

"We're finding that homes that are new to the market and priced right are not staying on the market for very long," said Marion Cheney, president of the Seacoast Board of Realtors. "And we're getting into something we haven't seen for years, which is multiple offers."

Real estate agents and buyers are starved for more listings. Home building has been at a virtual standstill, leaving existing homeowners as the only significant source of new inventory for the upcoming spring and summer season.

"Between January 1st and now, we've seen 470 houses either closed or under agreement in Manchester and Nashua," said Al Michalovic of Four Seasons Sotheby's International Realty in Hanover. "That's a huge number of houses and the inventory is not going to support that kind of pressure."

Busy time approaching

If 470 houses were sold in the state's two largest cities during the slowest time of the year for home sales, the current inventory of 300 properties in both cities is not going to last long as the busiest sales time approaches.

"I would expect to see some price appreciation," said Michalovic. "We have moved away from a buyer's market to a seller's market, where there is less negotiation and firmer pricing."

Other than the lack of properties for sale, the stars are finally aligned for a big bounce in the housing market.

Foreclosures and short sales in New Hampshire have dipped to pre-recession levels, with investors having gobbled up most of the distressed inventory. There were only 133 foreclosure deeds filed in February, the lowest number for any month in the past 10 years. The state's 3.9 percent unemployment rate is the lowest since the fall of 2008, when the recession was getting under way.

On Thursday, mortgage giant Freddie Mac reported that the national average for a 30-year, fixed-rate mortgage is down to 3.66 percent, compared to 4.34 percent just 12 months ago. Newly approved mortgage rules enable some buyers to qualify for FHA loans with down payments as low as 3 percent of purchase price.

With the Federal Reserve Bank likely to raise interest rates at some point in the next 12 months, buyers who've been sitting on the sidelines are getting ready to jump in the game. If only there were houses to buy. The shrinking inventory was anticipated, but the rate of decline has been precipitous.

"We're finding that in some markets the inventory is as much as 30 percent lower than the same period a year ago, as we enter what is typically one of the most demanding times for buyers to look at properties," said Bill Weidacher, an agent with Keller Williams in Bedford.

 

nh lake homes

Great Home with Room to expand

 

Prices still stable

Despite the problems with supply, prices are not skyrocketing at the annual rates seen in the housing booms of the mid-1980s and mid-2000s.

"The market is still very price-sensitive," said Michalovic. "Over-priced houses aren't going to sell just because they are on the market."

The median price for a single-family home in New Hampshire still has a long way to go to reach the prerecession high of $280,000 seen in June of 2005. The median price in June of last year was $240,000, according to the New Hampshire Board of Realtors.

Prices have been appreciating at more than 8 percent so far this year, compared to the same period last year, which would put median prices this summer in the $260,000 range.

In addition to low supply, something else is contributing to the pressure on prices, according to real estate agents " the long-awaited arrival of the older millennials in the housing market.

Agents say they are seeing a lot of buyers in the 25to 35-year-old age group, something that economists had predicted might not occur.

"Despite all the handwringing about millennials' supposed lack of interest in home ownership, households headed by these older millennials were 70 percent more likely than average to buy a home in 2014," according to Jonathan Smoke, chief economist at realtor. com. "Household formations are on the rise, and we expect the majority of households to be formed this year to come from this age range. Living with Mom and Dad is so 2012."

Waiting for the warmth

Last year, the National Association of Realtors found the share of homes purchased by older millennials was 28 percent. That made them the most represented age group, with 35- to 44-yearolds the next largest at 20 percent.

That trend is reflected in New Hampshire, where agents say they are finally seeing younger buyers, many of whom are paying a monthly rent that is equal to or higher than the mortgage they would face on a first home.

"I coached high school football for 11 years, retiring in 2013," said Michalovic. "And I've got four of my former players from the Class of '03 or '04 who are purchasing."

Agents and buyers expect inventory to increase with rising temperatures.

"Sellers have been tackling the inside projects they want to do, but a lot of them don't want to put their home on the market until after spring cleanup outdoors," said Cheney. "I was just talking to a couple over the weekend, and they are waiting for the spring weather.

""˜The place is just gorgeous when the grass is green,' she said. "˜But I'm looking out the window, and it's snowing.'"

 

squam lake real estate

On of the new homes with breath taking views ready for occupancy this spring

 

For  information on lake homes call 1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.

Contact Carl Sack or Paula Hinckley   #nhlakesrealty

dsolomon@unionleader.com   Article from Manchester Union Leader Sunday Edition 

Wolfeboro NH Crescent Lake Home with access to Lake Wentworth

Wolfeboro NH Family and friends: Simplicity & Comfort is what this Lake home is about. Nestled on the shore of Crescent Lake, with direct access to 3000 acre Lake Wentworth. Ideally located within walking distance to downtown Wolfeboro. Custom crafted and designed by one of the area's most admired architects this home is full of attention to detail and layout. The floor to ceiling stone fireplace is a focal point of the great room. Home is built with entertainment in mind with the main focus on the lake. First floor master suite with access to a lakeside deck, double walk in closets, a beautiful spacious bath offering both tub and separate walk in shower. Screened porch, decks ... there isn't a place you couldn't find a place to make yourself comfortable. Lot is very private, level, and impeccably landscaped. Close to two acres, sandy beach, 187 'of shoreline. 3 floors of living space. Full work shop, extra lower garage, 2 car garage, and lakeside shed. Sit back, Relax and Welcome Home.  Listed by Jodi Hughes of Prudential Spencer-Hughes R E

 

Sandy Beach - Level Lot - $1.38 million

Sandy Beach - Level Lot - $1.38 million

 

For additional information on lake homes call 1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.

Contact Carl Sack or Paula Hinckley   #nhlakesrealty

 

Exclusive Governors Island Homes on Lake Winnipesaukee NH

 

Luxury $10 mil 22,000 square feet on Governors Island

Luxury $10 mil 22,000 square feet on Governors Island

 

Governors Island is one of the only bridged islands on 44,000 acre Lake Winnipesaukee and is home to Gorgeous Luxury Lakefront  Homes. These properties range from a  modest 5800 square foot home listed at $2.1 million to the center piece on the island a lavish 22,000 square foot estate for $10 million.  Currently there are 14 homes listed. The geographic position of the island places the homes at the North and South ends of the island with the best open water views and a few have sandy beaches.

Six of the properties are priced between $2 million and $2.8 million all offering over 5000 square feet. Five are priced $3.8 million to two at $9.5 and $10 million, all these estates have over 8000 square feet elegant living space. 

The best value is a home call the Summit. The estate has long open water views, a 125-foot sandy beach and a deep water dock capable of holding 4 large boats. The home has 6 bedrooms with a second full great room with full kitchen for extended family gatherings. The 1-acre lot is level and private. Plenty of garage space with a 2 car oversized attached and 2 car detached garage.  At just over 7000 feet of lavish living space this home is my pick for the best value on Governors Island at $2 million.

The Island has amenities such as clay tennis courts and a club house. You are minutes to Golf Courses and Gunstock Ski Resort that has just added a zip line for summer fun. Don't fret there is plenty of shopping and restaurants that you can visit by boat or car.  Laconia has an Airport for personal planes or you can land a sea plane and park it right out front of your home. Manchester and Boston Airports are 1 and 2 hours away.  Come and make Governors Island on Lake Winnipesaukee your home. 

 

Best Value at $2 mil and 7000 square feet with - Deep Water Docking - Sandy Beach

Best Value at $2 mil - 7000 square feet with - Deep Water Docking - Sandy Beach - 4 car garage

 

 

For additional information on luxury lake homes call  1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.

Contact Carl Sack or Paula Hinckley   #nhlakesrealty

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Loon Pond Lakefront Home for Sale ( 126 acres ) Gilmanton NH

 

nh lake homes

Great Home with Room to expand

 

You can't get much closer to the water than this! This two bedroom year round home sits right next to picturesque Loon Pond on a private .48 acre level lot with 426 feet of frontage and a dock. And, while it has two bedrooms, it does have a three bedroom septic and a full attic that could possibly be your new master suite! This home has a large open living room/dining area with wood flooring and a wall of glass facing the lake, a nice kitchen, a full bath with laundry, and a 10' x 32' deck to sit on and listen to the loons. There's a nice area down by the lake where you can relax and enjoy the fire pit. You'll find a nice outbuilding for your fishing gear and tools and a whole house generator to keep things going should the power go out. Gotta keep the drinks cold, right? Enjoy water skiing, fishing, taking a swim to cool off, or just sit and enjoy the calm and tranquility of Loon Pond. It's a little slice of Lakes Region. Listed by Roy Sanborn of Four Seasons Sotheby's International Realty.

 

nh lakefront real estate

Great Home Locate off the main road. $239,900

 

For additional information on lake homes call 1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our websites to view lake homes in New Hampshire at www.nhlakesrealty.com or www.lakeorskirealestate.com.

Contact Carl Sack or Paula Hinckley   #nhlakesrealty