Eastman Real Estate Blog

Today was a big day for us. Changes for the better are taking place.

As of late yesterday 10/30/09 Coldwell Banker Redpath became Country Houses Real Estate!

Today there is a new energy here in my office and I could not be more excited to start working and moving forward with my new company.

A lot of people have asked me where are you going. The answer is: I am staying right in the same office at the same desk. I will just have a new name behind me. Hopefully the new sign will be up tomorrow, the new conference room will be up and running along with wireless internet too!!!!

I am personally taking a new step and will start to post video to this blog and to YouTube. I will have footage of Eastman homes and condos along with some general video of the area and some happenings in the Eastman Community. It might take a few attempts but with my Mac and iMovie I don’t expect anything to troubling or difficult to over come.

Time to head up to the Bistro Nouveau for the some Halloween fun.

If you want privacy you will get it here. A public road with a bridge over Tanner Brook leads you to this 3 acre home site with views of MT. Kearsarge.

For more details see the full listing at www.jeffadie.com.

http://jeffadie.com/listings.asp?listing_id={4308F021-350F-4E6B-9EAB-9182DF9AE1C8}

Would you like to live on a championship golf course? Open concept, vacation home?

Use this link: http://jeffadie.com/listings.asp?listing_id={2390664D-E55C-423D-A79A-7CBBFB1E3684}

You can always go to www.jeffadie.com

This is the best valued home in Eastman at this time!!! Check out www.jeffadie.com for all the details or use this link:

http://jeffadie.com/listings.asp?listing_id={9FDFA5F7-9064-4537-A665-C16275948D53}

Relax and enjoy

As we wind down to the end of October some of the first time home buyers I am working with are really starting to scramble. Sure there is talk that the tax credit will be extended but for now we have to act and believe that November 30th will be the last day of eligibility.

Basically we have five weeks from today to close a transaction. Normally it takes at least six weeks for a loan to process add in the the fact that closings are already piling up at the end of the month trying to squeeze one more in is going to be more difficult each and ever day that passes.

The other issue is multiple buyers for the same property. Yes you could save up to $8000 in taxes but if there are more than one buyer for a home that will drive the price of the home up and I bet it will be more than than $8000. Another problem is the better homes will be bought first.

My advice is don’t wait any longer make a decision! The other option is to hope the government steps in an extends the credit. If that happens then we will all get some breathing room.

Highlights, Oct. 16, 2009

Click on the link to see what is happening in Eastman, October 16th through the end of the month.

Today’s news about the jump in foreclosures is not good for anyone. The jump was almost 5% in the July through September quarter vs. the previous April through June quarter. This jump was said to be caused by the rising unemployment level. New Hampshire has seen some layoffs but locally we are in fairly good shape.

So what have we seen in the Eastman Community over the last quarter? The number of condo sales were up and home sales have kept pace with the two previous quarters. For the first half of the year (2009) there were 2 condo sales. This quarter we had 4 sales bringing the total for the year to 6. Home sales for the first half of the year were 15. Add in the 6 home sales this quarter and the total goes to 21.

Not staggering numbers but a good solid quarter. If you add in the contingent home and condo sales it is going to make the fourth quarter the strongest of the year. As of today there are five condo’s pending or contingent and eight homes pending or contingent.

If you look at these numbers, they do not show a slow down in sales but a market that is gaining momentum.