The significant increase in purchase contracts on homes and condos priced under $200,000 in the last 3 weeks is evidence that the bottom of the market is leveling off. “In a 10 day period, I put four properties under agreement,” says Josh Brustin, partner at Pinkham Real Estate. “I haven’t seen this level of activity in a long time. The combination of low interest rates, great prices and the rush for the first time homebuyers to capitalize on the $8000 tax credit seems to be fueling the increase in sales. As a result, there are fewer good properties left under $200,000.” Brustin adds, “Of the remaining properties, one great one just came back on the market: 242 Beechnut Drive in North Conway. While I’m admittedly biased (it is my listing), I really feel that it’s a great value for a primary or vacation home buyer at $179,900.”
Nicely updated 3 + Bdrm, 2 Bath home tucked back in a quiet North Conway neighborhood. The open kitchen/living/dining area is great for entertaining. Features stylish bamboo flooring, freshly painted interior, gas fireplace w/beautiful stone surround, woodstove, newly shingled roof, efficient gas heat, 2 living areas, deck w/seasonal views of the Moats, large level lot. A great primary/vacation home. Click on the photo to see additional shots of this home.
MLS: 2756085
For more information on this or any property you see listed on our website, www.pinkhamrealestate.com, please do not hesitate to call us at 800-322-6921 or email your inquiries to pinkham@pinkhamrealestate.com.
worked tirelessly, but the nest never materialized. Instead, every day the materials she brought the day before would be on the porch in an increasingly larger pile. (more…)