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House, condo prices in Rockingham County continue record high streak seacoastonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seacoastonline.com Daily Mail and Mail on Sunday newspapers.
As the state’s red hot real estate market continues to sizzle, Seacoast real estate agents are reporting an increase in New York City, Boston and even West Coast residents flocking to the Granite State in search of homes. It has created a supply-and-demand dilemma that Great Island Realty broker and owner Janet Sylvester said she has never seen in her many years in the industry. “It’s a frustrating process and for a lot of the buyers that I have personally, they’re high-end buyers and they’re waiting for something specifically,” she said. “There’s nothing coming up.” ....
SOMERSWORTH Despite the economic pressures of the COVID-19 pandemic, the city granted more building permits in 2020 than any previous year in its history, according to city staff. After years of watching people and developers get priced out of cities like Portsmouth and Dover, but at the same time seeing those folks go around Somersworth to Rochester and elsewhere, city employees and officials see this as a sign that growth and change are taking root in the Hilltop City. And quickly. “We’ve never had building permits of this magnitude. It’s impossible,” longtime Code Enforcement Officer Tim Metivier said last week in the middle of a busy day of inspections. “Probably 10 of the 12 months (last year), we kept breaking records. Like, ‘Wow, we processed this many?’ and I’d look back in my data and see we’ve never done this many. And then the same would be true the next month.” ....
New realty board presidents see continued seller’s market in 2021 By Paul Briand PORTSMOUTH - The 2021 presidents of the Seacoast Board of Realtors and the Strafford County Board of Realtors Ted Mantos and Lee Ann Parks, respectively both work for the Bean Group, headquartered in Portsmouth. And while they both share a common realty office, they also share a similar view of the residential real estate factors in 2021 a continued seller’s market of tight inventory and rising prices. “All signs point to a continued seller’s market,” said Mantos, president of the Portsmouth-based Seacoast Board of Realtors. He succeeds Adam Gaudet of 603 Birch Realty in Chester. ....