An Interesting Twist in the New Hampshire Real Estate Market

An interesting twist to the Souhegan Valley real estate market!

Since late 2005 the real estate market in the Souhegan Valley of New Hampshire has seen declines in the number of homes sold, increases in the number of homes on the market, and falling prices. This is completely logical. Lower demand and higher supply inevitably leads to lower prices. But there is an intersting twist in this market.

The number of homes sold through October 2006 is down 23% from last year, while there is currently a 13 month supply of homes on the market. This has lead to a drop in home prices, as evidenced by the drop in per square foot sold price since the end of 2005 (see Charts at Web site below).

Despite this drop in home prices, the average price of a home sold has increased slightly over 2005. In fact, the average price of a home sold in the area is up about 0.7% from last year. This is perplexing! The price of a home is dropping but the average price of a home being bought is increasing.

If the major problem in the New Hampshire housing market is that homes have become unaffordable and the prices of homes are falling due to lower demand then one would expect that the average price of a home sold would fall as well. Instead, the average price of a home sold has clearly increased. This is an indication that many buyers have the means to buy a home and are willing to spend that money to get the home they want. So as the prices of homes drop, buyers are simply buying more house for their dollar.

This is not to say that buying a home is easy for everyone. In southern New Hampshire a first time home buyer faces difficulty in finding an affordable first home. They can expect to pay $230,000 or more for a single family home in the area. Even a condominium can cost $180,000, which is difficult for the first time home buyer.

However, with a strong job market and increasing wages, buyers in the market are taking advantage of lower prices and low interest rates to buy the home they want. Today, buyers do not have to compromise on home size, location or amenities like they did when the market was hot. These indicators also highlight the fact that this market was not precipitated by a major economic event, such as major job losses, that prohibit people from buying. Therefore, this market will probably not last long. I do not expect a return to the red hot real estate market we had with 15% appreciation per year, but I do anticipate increases in buying with moderate appreciation. (Of course this assumes no changes in economic conditions that will impact buying power.)

As a closing note, I have noticed over the last few weeks that the news media has begun to run stories about the market hitting bottom. These stories are important to note because they will change buyers perception of the market. When buyers believe that prices have hit bottom perhaps, they will begin to buy.

Enjoy the Thanksgiving holiday!

Market Notables Single family home sales through the 31st of October 2006 were down 23% from the same period last year. Single family home sales in the month of October were down 38% from last October. (Recall that sales in September were off 53% from a year earlier, so this is an improvement.)

The number of single family homes on the market was down in October to 840 homes. This is an improvement from September when there were 902 homes on the market.

Despite the lower demand for homes the average selling price of a home in October was $387,009, 0.7% higher than in October of 2005.

The towns with the largest percentage increase in average selling price so far this year are Greenville, where the average price of a home is up almost 20% and Mason, up 14%.

Two towns in the area have the distinction of actually exceeding the number of sales they had in 2005. These are Temple and Wilton.

Note:

This data in this article is based on information from the Northern New England Real Estate Network for the periods indicated for the towns of Amherst, Bedford, Brookline, Francestown, Greenfield, Greenville, Hollis, Lyndeborough, Mason, Merrimack, Milford, Mont Vernon, Temple, and Wilton.

Carl Johnson has been a Realtor since 2002 and serves home buyers and sellers in the Amherst and Milford area of New Hampshire. Visit http://www.SouheganHomes.com for complete market reports for the Souhegan Valley of New Hampshire

Introduction to Investing in Real Estate

?The property boom has made us all feel wealthy, but unfortunately it has lulled many of those nearing retirement into a false sense of security.? -Noel Whittaker

Making money in the real estate market has never been easier. It used to be that investing in real estate was an activity only the affluent could afford to indulge in. However, today, property investing is available to anyone at any price range.

If you have ever dreamed of being a successful investor, or buying and selling properties at a huge profit, now is your time! Do not let this opportunity pass you buy. Not only would you be involved in the most profitable and exciting form of investment in the current economic market but you would be securing your financial future.

Never having to think about financial concerns again ? sounds like a dream come true. Real estate investing is a great way to earn an income off your investments. All you need to learn is how to it and then take your newly acquired skills and make it happen! The first step is stop dreaming and start acting.

If you are truly interested in finding financial freedom you have to act today. Once you have decided to get out of your chair and do what it takes to become an active property investor you need to first start with research. There are many websites which offer information and advice about how to get started in investing in real estate.

There is plenty of free information, ebooks, tutorials, and even mentors just waiting for you to get involved. Remember the first step to any investment is learning and that cost absolutely no money.

Once you learn the basics, seek out a successful real estate investor to discuss your options with. Most people are more then willing to show a new investor the ropes and offer insider tips and wisdom.

Then you must learn the techniques of real estate investing which you will soon have to utilize. These skills include how to find the right properties to invest in, how to be a good negotiator, and how to structure legal and binding financial contracts. The goal of all real estate investments is to put out as little capital as possible and then reselling to achieve the maximum profit available.

To become a real estate investor no formal education is needed. All that is needed is understanding the value of hard work, determination, and drive. A couple of solid real estate investments can turn a substantial profit for the investor.

For those folks who are not looking to get rich but merely have a decent income, real estate investing is for you. With just a single real estate investment, four times a year, you could bring in an income that is far greater then the salary you receive from working your 9 to 5 job. Stop working, live off investments, and enjoy you present as well as your future.

Visit the Global Investment Institute and signup for our free Investing For Beginners E-Course at http://www.Global-Investment-Institute.com

Investment webmasters or publishers, please feel free to use this article provided this reference is included and all links remain active.

Back Pain And The Office Worker

Back Pain and Facts

At least 120 million working days are lost every year because of people's back problems.

Back Pain and Facts

At least 120 million working days are lost every year because of people's back problems.

10% of all major back injuries take place whilst handling, lifting or carrying.

Nearly two thirds of adults mostly in their 20's and 50's, experience back problems.

Back Pain is the single greatest cause for time off work through ill health.

Every person complaining of back pain, and any related condition, takes an average of 13 days off work.
(Shocking huh)

Unfortunately, you won't find a magic wand to cure your back problems, but you will find that you can improve or prevent a lot of problems by adopting back-friendly work habits.

Manual Handling

If you think about it, we all manually handle throughout every day of our lives, but have you ever stopped to think just how you go about it...

Do you bend from the waist (naughty),
Do you twist without moving your feet,
Do you slouch in your office chair,

How do you pick boxes, or your screaming toddler up from the floor?

If you sat down and thought about the weight you lift during a normal day, you would probably die from shock because it probably run into tons... Ha, is there any wonder you have those aches and pains?

If you must lift something...

Bend your knees rather than your back,
Keep your feet wide apart to provide stability (This is really important)
Carry objects close to your body
Bend again at the knees to put the object down
When carrying loads, try and lighten them, i.e. try and break them down into lighter smaller loads and store them in areas which are easily accessible.

How do you rate when working in an office?

Make sure your chair is comfortable and adjusted for you, (not everyone else)

Sit so your pelvis is upright
Try and ensure your thighs are at a 110 degree angle to your trunk

Ensure the lumbar support of your chair fits the small of your back so it maintains the natural S shape of your spine

Ensure the armrests of the chair touch your forearms, when your shoulders and elbows are relaxed at your side (This helps to avoid strain in your neck and upper limbs)

Ensure the seat depth allows your bottom to be at the back of the seat with a two finger gap between the front edge of the seat and behind the knees. (Ensures adequate thigh support whilst allowing movement without obstruction).

Make full use of the chair movement especially when reaching for items such as the phone

Don't slouch
Alter your position frequently when using a keyboard
Move if you are uncomfortable. (It's surprising how many people don't)

Change your posture frequently to give your muscles a break
Take frequent breaks from your desk (And no it's not an excuse for a cigarette break)

Keep your mouse and telephone as close as possible (Allowing you to remain relaxed and in a natural position at your desk)

Ensure your monitor is square on so you don't have to turn your head to look at it. (Document holders are handy)

Ensure your screen is at arms length away from your face so the top of the screen is horizontal to your eye line.

The next time you are at work again, open your eyes, and just see how much damage your office job is doing to your back...You just might be shocked.

ABOUT THE AUTHOR

Kim is a Back Care Advisor working in the UK for a large hospital Trust. She's passionate about back Care, and can be found at www.backpain-free.com and www.nursing-hints.com

"The Time Value of Money"

The time value of money (TVM) is an investment principle that states money is valued greater today than in the future due to inflation and economic conditions. Essentially, a dollar in your pocket today is worth more than a dollar in the future because money may be invested and earn interest over time. The notion of TVM is money is worth more the earlier it is received.

If you loaned a friend $20, would you rather get the money back today or a year from now? You should want the cash today. Think back to the price of movie tickets 10 years ago. The price for a movie ticket at one point was just a few dollars and has risen to almost $10 due to the factor of inflation. By receiving cash today, rather than the future, you can invest the money into an alternate source and potentially receive a higher return for your money. Future value includes the amount of money you would earn through growth in your investments in the future assuming a given interest rate. It is what the cash is worth at a particular time in the future, while present value refers to the value of a given sum of money today. The same principle applies to real estate notes. A real estate note, a mortgage for example, is created with specific terms, conditions and a length of time for its return. In order to exchange the note for cash, a note?s present value is determined through a discount analysis to appraise its current worth, which will differ from the note?s value in 10 years.

To demonstrate TVM and why it can be more advantageous to have money now rather than the future, consider the following example. If you own a real estate note that is appraised at present value for $150,000 you can cash out now and spend the money, or you can invest in alternate sources for a higher return on your investment. By receiving the money today, you can avoid dealing with late payments and the risk of not receiving a payment at all. Immediate cash appeals to most much more than receiving money in the future. The following illustration of TVM shows the change in value of $150,000 over a year if invested with a rate of return of 10 percent.

Future Value = (Present Value) x (1 + Rate of Return)

Future Value = (150,000) x (1 + 10%)

Future Value = (150,000) x (1.1)

Future Value = $165,000

Understanding the time value of money is essential to achieving financial success, as this concept allows you to evaluate the potential value of money today in comparison to the future. When you talk about mortgages, loans, car notes and retirement funds, the practical knowledge of time value of money can help you accomplish the wealth you have longed for.

Maria Fee is a mortgage professional, real estate investor, teacher, and master marketer with more than 20 years of business experience. Maria is the President of REMI KNOX, LLC, a group of investors who purchase real estate notes nationwide. Quoted by the media as an expert, she is continuously recognized for her extraordinary knowledge and real estate investing experience.

You too can discover hidden secrets to success with real estate notes. To take control of your financial future with proven strategies visit Maria's website at www.REMIKNOX.com. Happy investing!

Tike Tech Double Trouble Stroller

Cary North Carolina ? A Great Place To Live

Are you looking for a new place to live and start an amazing career? Cary, North Carolina is in the heart of the renowned Research Triangle Park, and it would be a great place to start a new career. It has been recently rated as one of the top five places to live in the nation by Money Magazine. Cary, North Carolina is located within twenty minutes of Duke University, the University of North Carolina, and North Carolina State, so education is a very important part of this area. Many technology companies have offices here including SAS Institute Inc., the largest privately held software company in the world, MCI WorldCom, IBM, American Airlines Reservation Center, Lucent Technologies, Siemens, John Deere, and Cotton, Inc.

The town of Cary, North Carolina also has a wonderful park system, with many places for kids to play and grow. Cary also boasts a large arts and crafts festival every year for the town to enjoy. The Lazy Daze Arts and Crafts Festival has become one of the South?s premier festivals. The crime rate in Cary, North Carolina is very low; their City Data dot come crime index was 130.5 in 2004. The national average for cities in 2004 according to City Data dot come was 327.2. Now that you see how wonderful a place Cary, North Carolina is you probably want to know about the real estate market.

The real estate market in Cary, North Carolina is doing very well right now. The market has quite a few houses on the market currently. The average home price in Cary, North Carolina is about $200,000 which is about $30,000 less than the national average. Another great aspect of the housing market in Cary is that many of the houses have large yards, with great landscaping. These days it can be very hard to find a house with much of a yard at all, and when you do find a house with a yard it usually has not been landscaped. With the average household income in Cary, North Carolina around $90,000 to $100,000 a year, the real estate market is very affordable. Don?t miss your opportunity to move to a great town, and get a wonderful deal on a house in this very affordable real estate market. Look at Cary, North Carolina today!

Move to Cary with help of a professional Cary NC Realtor!

Investors Who Missed The Recent Real Estate Boom Should Look Here

If you are a real estate investor and missed the housing boom, you may get another chance. Overheated in the eastern and western markets are cooling off, but there are new opportunities out there. Some of the cities that sat out the boom of the last few years are now showing stronger appreciation gains. Cities such as Dallas, Houston and Atlanta are showing signs of a strengthening real estate market.

Real Estate in hot markets like the San Francisco Bay area market is showing signs of s a slowdown. Prices are rising slowly, however inventory is up. Another sign of slowdown in this hot market is the time it takes to sell a property. Last year some were getting nervous because there were only three multiple offers on a property instead of nine. In one year we have seen quite a change. Now homes that would have sold in one or two weekends are sitting on the market longer. It is not uncommon to see homes sitting on the market thirty to sixty days. This is more like a normal market.

Meanwhile in Texas the demand for housing is increasing. With the new boom in the oil market aiding the job market, workers are coming to Texas from the US and abroad. This is putting upward pressure on the housing market. There are no signs of this slowing down anytime soon. While home prices in Dallas and Texas may not appreciate at the high rates of 20% + seen in some areas in the last few years, the appreciation rates should still be healthy. Real Estate Investors have been aware of this and are investing in these markets that have previously been very slow.

The Atlanta market is benefiting from a healthy job market. Unlike the Texas markets, the Atlanta market is also seeing a rise in inventory. This rise in inventory should restrain the appreciation in Atlanta.

A number of cities in the southwest which have seen high appreciation rates are seeing a strong increase in inventory. Cities such a Phoenix and Las Vegas are also showing a strong job market. Inventories of homes in these cities will need to be watched. If inventories continue to rise sharply, prices will tend to stay flat or fall slightly.

Meanwhile the California market is looking vastly different from a year ago. In Sacramento and San Diego the market is cooling rapidly. In California it now takes an average of six months to sell a home. I was not that long ago that in some California markets, homes were selling in one weekend.

In California the average home now costs over $500000. This is out of reach for many families. The pressure is now on housing prices to come down in some areas. Higher interest rates, slower sales, home prices beyond the reach of the average family all point to falling prices in some areas.

Another scenario is that home prices will remain flat until wages catch up.

As the market changes, more and more homeowners are getting caught in foreclosure. As prices appreciated quickly, homeowners who could not meet their mortgage obligations benefitted from an increase in equity. That will not be the case in the coming years. There are a number of sites dedicated to homeowners wanting to sell their homes without a Realtor, investors looking for deals, and agents looking for new business. RealtyTrac is one such site. Here you can find home bargains, sell a home without an agent, and discover your homes value.

Andrew Goldman is president of Metal Rabbit media services, the operator of http://www.Exchangetradedfundinvesting.com and http://carealestateinvest.com He has written a number of articles on finance and investment over the last ten years.