Real Estate

ECONOMIC OUTLOOK: Real Estate: The 'COVID Bump'

ECONOMIC OUTLOOK: Real Estate: The 'COVID Bump'

The COVID-19 pandemic created a surge in buyer demand, most of it from out of the immediate area. Without a corresponding increase in available properties, selling prices jumped as buyers competed to be the winning bid.

COVID also ushered in a new way of doing business with virtual showings, Zoom discussions and a host of safety protocols that would have seemed unimaginable when the year began.

'Literally an undersupply of homes on the market,' People are buying, but Sellers Riding the Fence in NH Housing Market

'Literally an undersupply of homes on the market,' People are buying, but Sellers Riding the Fence in NH Housing Market

Call it a mixed bag for the real estate market in April and May with the COVID-19 pandemic hitting into sales and the availability of homes for sale but the data showed an increase in the median selling price compared to the same period last year.