Around the Nation -- Residential Real Estate Update - New Hampshire
By Jeff Adolph
State-by-state
Situated in the New England region in Northeastern U.S.A this state is ranked as the 44th largest by land mass, and the 41st by population with a population of 1,235,786.
This states economy relies heavily on dairy products, cattle, apples, eggs and nursery stock, along with machinery and electrical equipment manufacturing, rubber and plastic production and tourism.
Income tax does not apply to this state, and sales tax is set at 5%. Property tax in this state is valued and taxed based on 100% of the full market value and is determined by legislature. The Municipality assess property value in each jurisdiction and elderly exemptions are available.
Portsmouth
There are currently more sellers than buyers in this region with homes typically sitting on the market for 90-120 days. The market trend in this area has remained consistent and there is a good supply of homes within all price ranges.
The median price for homes in West Omaha hovers around the $350,000 range and buyers are getting 95-100% of their asking price. Repeat buyers represent the area of most activity with homes prices up by 5% compared to this time last year.
LGBT Real Estate Facts: There are approximately 2,703 same-sex couples residing in New Hampshire making this region the 41st gayest state in America. The gayest zip codes in this locality are 03820 Dover; 03104, 03103, 03102 Manchester; 03801 Portsmouth; 03302 Concord; 03060, and 03062 Nashua. -- gaydemographics.com
Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com
Picture Source: wikipedia.org
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