February 20, 2009

Frozen Windham NH real estate sales

January of 2009 may be remembered as when the Windham New Hampshire housing market froze over.
Homes sold in 01/2009: 3 (as in three = 1+1+1) vs. 116 active listings in Windham NH.

Homes for sale vs. sold and pended in Windham New Hampshire

Homes for sale vs. sold and pended in Windham New Hampshire

In the trailing three month period the total number of sold houses was 22 with 12 sold homes in November and 7 in December of 2008 added in. Windham real estate sold a year ago: 7 in January 2008, 11 in December and 10 in November of 2007 totaling 28. Was it the ice storm, the financial crisis, the rising unemployment rate that has held buyers back?

How about sold home prices in Windham NH? The average sold price was $472,000 in 11/07, $476,000 in 12/07 and $429,000 in 01/08. Compare these home sales with  $432,000 in 11/08, $413,000 in 12/08 and $448,000 in 01/09, averaging $431,000 for the last three months vs. $459,000 a year ago, a 6% drop. Not great, but much better than the national averages.

One metric that has suffered, is the sold vs. original list price ratio of home listings in Windham NH. Remember the heady days of getting more than the asking price of the house? At the beginning of the year 2008 the ratio was 91-92%, for the past 3 months house sale prices in Windham NH were hovering at 89% in January, 80% in December and 90% in November relative to the price the home was listed at.

How is the spring market shaping up?
Here is the silver lining: as of today there are already 18 pending homes sales in Windham New Hampshire spanning a healthy  $127,900 to $719,000 price range. Is the $8,000 first time home buyer tax credit having an effect already? Are low interest rates for NH home buyers helping them to commit to a home purchase? Are longer days, the snow melting, spring fever and pent-up demand for Windham homes showing their signs?
Stay tuned for the next update: flowering real estate market in Windham New Hampshire…

January ice storm in Windham New Hampshire

January ice storm in Windham New Hampshire

related articles:

Windham New Hampshire real estate listings, market trends

Windham Life Magazine: Buying a home? Take your pick.

Windham real estate market update, trends.

Buyer tips, Sellers guides for Windham New Hampshire

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February 10, 2009

Organizations Windham NH

Volunteer organizations in Windham New Hampshire have created a vibrant web of nonprofit activities and charities that benefit the town’s residents.

Donations are encouraged by tax regulations:
If the individual itemizes his/her tax return and is giving to 501(c)(3) organizations that are either public charities, private operating foundations, or certain private foundations, he/she may deduct contributions representing up to 50% of his/her adjusted gross income.

nonprofit-windham-nhsee all 45 non-profit organizations in Windham New Hampshire

501(c) organizations and endowments in Windham NH:

MOMS Club of Windham NH
Activities for moms and kids! Park Days, Story Hour, Craft Activities, Nature Walks, Potlucks, Breakfast Brunches, Moms Night Out, Weekly Playgroups, Local Field Trips, Museum Visits, Holiday Parties
Book Club, Knitting Club, Recipe Swap Club

WIRE Windham Initiative for Renewable Energy
c/o Windham School District                                         Phone: 603.437.0686
P.O. Box 510, Windham, NH 03087

WIRE is chartered by the School Board of Windham New Hampshire to develop a plan for and seek donations to fund the first alternative energy project at the new Windham High School.

Windham Endowment for Community Advancement
P.O. Box 4315, Windham NH 03087                           Tel: 603.437.0686

A community foundation can provide services to local groups and causes, serving as a focal point for fundraising. For donors, the Endowment can provide a way to support a wide range of causes in the town through a single organization. In this way, the Windham Endowment will strengthen relationships among local organizations, donors, and citizens who want to improve the quality of life in our  community.

Windham Rail Trail Alliance
P.O. Box 4317, Windham, NH  03087                         Phone: 603-434-0806

The corporation provides the public a premier non-motorized recreational and educational experience by use of the paved trail  and restoration of the historical buildings located at the Windham Depot

Shepherd’s Pantry
Windham Presbyterian Church                                      Phone: (603) 432-2150
1 Church Street, Windham, NH 03087

Shepherd’s Pantry serves about 80 families every week with one or two bags of groceries and some personal/health items and seasonal vegetables.

More organizations in Windham NH …

Presbyterian Church Windham NH

Presbyterian Church Windham NH

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February 9, 2009

Real estate Windham NH values

Windham New Hampshire properties have held their value, as many of the Windham NH homes for sale  are unique. MLS listings of Canobie Lake and Cobbetts Pond waterfront homes in Windham NH, houses for sale on Ryan Farm with mountain views,  Southern NH listings of farm properties and antique homes are in demand.  Windham NH realestate sales of homes abutting open space in the neighborhoods of Castle Reach or Bear Hill are strong.

According to Windham NH realtors, news of the High School opening in September 2009 has already increased the demand for real estate in Windham New Hampshire. The Windham NH Town Hall had 12,682 residents on record in 2007, the 23rd highest in the state of New Hampshire.

Roads are being repaved and modernized; good news for real estate. The Windham NH Police and Fire Departments moved to new buildings in 2000. Shopping is tax free, there is no income tax in New Hampshire either.

The Massachusetts state line is 10 minutes, a 40 minute commute to Boston with four lanes N/S on the widened I93 should boost Windham NH home values. Numerous lakes, ponds and recreational land create an attractive life style and a strong Windham NH real estate market.

Growth has been financed by relatively low real estate taxes in Windham NH. High speed internet on every street enables telecommuting and home businesses. New Hampshire real estate companies and others are going “virtual” fueling a real estate .com boom.

In statistics New Hampshire regularly ranks among the top 10 most desirable states to live in the country. Crime is low, education level and per capita income are high. As a consequence, Windham NH foreclosures and bank owned properties are hard to find.

The lakes, the mountains and clean air are big attractors according to the nh real estate mls. On a clear day you can see the Prudential and Hancock buildings in downtown Boston MA from the new homes of Terra Bella in Windham NH; a 36 mile vista!

Terra Bella Windham NH - views to Boston

Terra Bella Windham NH - views to Boston

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February 8, 2009

Windham NH Recreation

Windham New Hampshire conservation land and recreation trails:

download Windham Recreation Map (book 20 pages):

Gage Conservation Land
Deer Leap NAtural Area 54 acres
Foster’s Pond Natural Area
Johnson Trail
Bayberry Conservation Area
Andrew Town Forest
Windham Town Forest
Rockingham Recreational Trail
Candlewood
Golden Brook Trail
Haskell Road
Mitchell Pond and Bahan Trail
Discovery Trail

The Conservation Commission aims to conserve open spaces and protect historic farms.

See topographical map here…

Windham NH Trails, Recreational Land

Windham NH Trails, Recreational Land

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August 20, 2008

Best places to live in New England

Population: 11,700 Windham stats Best places avg.
Average home price $444,386 $359,352
Home price gain
(2005-2006)		 23.88% 14.83%
Median family income
(per year)		 $114,766 $90,316
Family purchasing power
(annual, cost-of-living adjusted)
 $98,596 $82,867
Sales tax 0.00% 6.74%
State income tax rate
(highest bracket)		 0.00% 6.38%
State income tax rate
(lowest bracket)		 0.00% 2.74%
Average property taxes $16.10/thousand $3,585
Auto insurance premiums
(Average for the state)		 $1,843 $2,121
Job growth %
(2000-2006)		 12.13% 13.41%
Canobie Lake Windham NH

Canobie Lake Windham NH

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