Badger Realty

Badger Realty has a NEW Improved Website

2010-07-15T17:22:00.006-04:00

We are so pleased to announce that our NEW website is now online and with that is our NEW & improved BLOG at www.BadgerRealty.com/Blog

Everyday new tools and ways to promote the sale/searh of a property are being added to the website to improve your overall visiting experience. Browse around and let us know what you think.

New Online Improvements:

1. All recent advertisements can now be found on the website 24 hours a day, 7 days a week at www.badgerrealty.com/recent-advertising
View or print them at their leisure.

2. If you haven't signed up already, you will want to now. It's FREE and it's EASY. The "My Portfolio" Tool has new and improved search capabilities which are helpful to fine-tuning a buyers search criteria and gives up-to-the-second email notifications of price reductions and changes. Give it a try!

3. On the Home Page, we have a new feature - Popular Searches. This set of popular searches is quick and easy for anyone who is just getting their search going.

4. Market Statistics Tool - provides you with current and accurate information: local housing statistics, local recent sales and local, county and statewide summaries. These detailed reports will provide you with insight into the real estate market whether your selling, buying, or just want to keep informed.

These are just a few examples of what's is new on the website. Some areas on the site still need more work and it will be an ongoing endeavor. Our goal is to keep you informed with helpful information to make the sale of your property a good and profitable one.

Happy Hunting!

Independence Day Celebration Schedule 2010

2010-07-02T15:19:00.005-04:00

The 4th of July holiday weekend is upon us! What do you have planned while in the Mt. Washington Valley and Western Maine? Here are few lists of activities that are planned for the weekend. With such a variety, we are sure your holiday weekend will be full of fun.

North Conway, NH:

Sunday - Independence Day Celebration. A family celebration of the nation’s birthday including a parade in Conway at 2 p.m., and food, entertainment and family activities for all ages in North Conway’s Schouler Park 4:15 to 9:45 p.m. with a patriotic ceremony at 4:15 p.m.

Fireworks will be from 9:30 to 9:50 p.m. 447-5680.

Jackson, NH:

Monday July 5th - Jackson Village & the surrounding communities come together to celebrate Independence Day... Fireworks display Monday July 5th, 2010 at approximately 9 PM.

The Fireworks will be going off from the greens of the Wentworth Golf Course making easy viewing throughout Jackson Village but we do recommend that you come early to get a good spot. There will be ice cream, popcorn, glow necklaces, balloons and other fun stuff available from the Jackson Fire Department.

For more information please contact the Jackson Area Chamber of Commerce at (603)383-9356.

Bartlett, NH:

Saturday - Fourth of July Parade. Bartlett’s annual Hellen Hayes Memorial Fourth of July Parade is scheduled for 11 a.m. on Main Street in the village. Pre-registration is strongly encouraged. Parade pre-registration forms are available at the recreation department website at www.bartlettnh.org. 374-1952 or e-mail at recbartlett@hotmail.com.

BBQ will follow at 12pm.

TOWN OF CARROLL/BRETTON WOODS

Sunday - Salute to Freedom July 4th Celebration at Omni Mt Washington Resort.
$25.00 per adult and $15.00 for children 4 to 12 (children under 4 FREE)
Barbecue by reservation only at extra fee, call 603-278-8989.

Fireworks Only? Cars (filled to legal capacity) may enter after 7:00 PM for $50 per carload.

Gorham, NH:

Sunday
6:00 pm – 10:00 pm Concert: Rocking House
10:00 pm Fireworks Display (Atlas Fireworks)

Ossipee, NH (Old Home Week):

Sunday - Ossipee Independence Day and Community Fair. The parade will begin at 11:30 a.m. with line-up to begin at 10:30 a.m. at Dorrs Corner.
The Community Fair at Ossipee Concerned Citizens headquarters will follow the parade until 2 p.m. and will feature a giant yard sale; crafts — old treasures — books; pony rides; music; children’s games; horseshoe pitching; delicious hamburgers and hot dogs will be available from the new Cook Shack.

Sunday - 5:00 – 11:00PM: FOOD, MUSIC & FIREWORKS – Constitution Park, Long Sands Road (off of Rte. 25), Center Ossipee. A wide variety of foods will be available from many non-profit organizations that benefit the Town of Ossipee. Sponsored by the Ossipee Old Home Week Committee. (Rain Date is Monday, July 5).

Tamworth, NH

Sunday - Fourth Of July Contradance will be held at the Kenneth A. Brett School. The caller will be Dudley Laufman, with music by Two Fiddles. Dancing begins at 7 p.m. in the school cafeteria. The cost is $7 per person; $3 for children 15 and under.

Sunday - Family Day. Family Day in Tamworth will have a parade at 11 a.m., followed by afternoon activities at the Brett School in Tamworth Village. A dance featuring music by the White Mountain Boys will be held at the school, followed by fireworks at 9:30 p.m. There will be activities throughout the day starting at 8:30 a.m. with the Road Race from Ordination Rock to KA Brett School.

For more information call recreation director Parker Roberts at 323-7582 or go to www.tamworthnh.org.

Fireworks begin at 9:30 p.m.

Fryeburg, ME:

Sunday - Fourth of July Children’s Parade. Fryeburg, Maine’s Fourth of July children’s parade will begin at 11 a.m. (line-up at 10:30 a.m.) at the Main Building of Fryeburg Academy and proceed down Main Street to Bradley Park.

Bethel, ME:

Saturday - 9:00:00 PM fireworks at the BETHEL INN AND RESORT

Bridgton, ME:

Saturday - Fireworks and Band Concert. Bridgton. Maine’s fireworks and band concert are planned from 7 to 10:30 p.m. Live music will be performed on the green in front of the Stevens Brook School. Thousands of spectators will line up along Route 302 and Main Street to watch the fireworks - GRAVEL PIT BEHIND PLAYFIELD @ STEVENS BROOK ELEM SCHOOL

Tax credit closing deadline extension passes Congress

2010-07-01T16:25:00.002-04:00

Senate also reinstates flood insurance program through Sept. 30
By Matt Carter, Thursday, July 1, 2010.
Inman News

Congress has approved separate stand-alone bills that extend the closing deadline for claiming the federal homebuyer tax credit and temporarily reinstate the National Flood Insurance Program -- both are issues of paramount importance to tens of thousands of homebuyers trying to close deals under contract.

Legislation that extends until Sept. 30 the closing deadline for claiming the homebuyer tax credit -- HR 5623, the Homebuyer Assistance and Improvement Act of 2010 -- was passed by the Senate by unanimous voice vote Wednesday and could be signed into law by President Obama today.

The House passed HR 5623 in a 409-5 vote on June 29, after another bill extending unemployment benefits that was amended to extend the closing deadline became bogged down in the Senate.

The Senate had originally intended to use that bill, HR 4213, the American Jobs and Closing Tax Loopholes Act of 2010, to reinstate the National Flood Insurance program. The program expired May 31, derailing many closings.

Instead, the Senate on Wednesday passed HR 5569, the National Flood Insurance Program Extension Act of 2010, by unanimous voice vote, as House lawmakers did on June 23.

Both bills will apply retroactively. Homebuyers eligible to claim the tax credit who were under contract by April 30 now have until Sept. 30 to close the deal.

HR 5569 is only a temporary fix, authorizing a three-month extension of the National Flood Insurance Program to Sept. 30. But new policy applications or renewals signed and submitted while the program was suspended will be effective from the date of application.

According to the National Association of Realtors, the program provides insurance to homeowners in more than 10,000 communities that are prone to flooding who otherwise would not be able to obtain coverage due to cost or ineligibility.

NAR lobbied lawmakers on both issues. In a blog post, Realtor Magazine editor Robert Freedman said 85,000 NAR members sent letters to their Congressional representatives over the last month urging them to take action.

In a letter to House leaders Tuesday, NAR said as many as 75,000 buyers and sellers were still awaiting bank approval of short sales, or coping with other delays caused by third parties handling their closings. Some sellers whose homes were damaged in natural disasters were also experiencing "significant delays" as they repaired homes that were under contract, NAR said.

NAR had previously estimated that as many as 180,000 homebuyers who were under contract by April 30 might miss the June 30 closing deadline for claiming the homebuyer tax credit.

Also on Wednesday, a stripped-down version of the bill to extend unemployment benefits, HR 4213, fell two votes short in the Senate of the 60 votes needed to end debate on the bill. Congress is not expected to resume debate on the bill until after the July 4 recess.

Real estate sales rise 19.2% in May

2010-06-22T16:51:00.002-04:00

NAR credits tax credits for propelling market
By Inman News, Tuesday, June 22, 2010.

Closings for existing-home sales were up 19.2 percent year-over-year in May -- a robust rate of activity the National Association of Realtors attributed to the federal homebuyer tax credit program.

"We are witnessing the ongoing effects of the homebuyer tax credit, which we'll also see in June real estate closings," said Lawrence Yun, the association's chief economist, in a statement.

Closed sales transactions of existing single-family homes, townhouses, condominiums and co-ops were at a seasonally adjusted annual rate of 5.66 million units last month, down 2.2 percent from April's upwardly revised 5.79 million units, the report said.

The association expects sales to decline after the homebuyer tax credits' scheduled closing deadline at the end of June -- though legislation is in the works that seeks to extend the closing deadline through September.

"Job growth and a manageable level of foreclosures are keys to sales and price performance during the second half of the year," the report said.

A NAR survey showed first-time homebuyers accounted for 46 percent of all home purchases in May, down from 49 percent in April, while investors accounted for 14 percent of home sales that month. Repeat buyers made up the remaining share of sales.

Raw unsold inventory was up 1.1 percent year-over-year in May, though it fell 3.4 percent month-to-month to 3.89 million existing homes. That volume of homes represents an 8.3-month supply of homes at the current sales pace, down slightly from April's 8.4-month supply.

That year-over-year rise in inventory "is especially concerning because the reported inventory is already historically very high, and the 8.3 months of supply in May is well above normal," observed the financial and housing blog Calculated Risk.

"The months of supply will probably stay near this level in June, because of more tax-credit-related sales (reported at closing), but the months of supply could be close to double digits later this year."

According to NAR's report, distressed homes made up a slightly smaller share of sales in May -- 31 percent -- compared with 33 percent the month before and in May 2009. At the same time, the national median price for all existing homes was $179,600 in May, a 2.7 percent increase from May 2009, the report said.

Existing-home sales in all regions jumped by double digits in May compared to the same time last year. The South saw the biggest jump, at 22.9 percent. The Northeast saw the smallest increase, at 12.7 percent. That region was also the only one to see a year-over-year drop in median price: up 2.2 percent to $240,200.

Meanwhile, the median price in the Midwest was up 2.2 percent year-over-year, to $150,700. In the South, the median price edged up 1 percent compared to a year ago, to $159,000. The West's median price saw the biggest rise, up 7.4 percent to $221,300.

A separate report released today by the California Association of Realtors found that sales of existing single-family detached homes in the state rose 1.2 percent year-over-year in May, while the median price rose a whopping 23.2 percent to $324,430. Sales rose 14.1 percent compared to April.

"Home sales posted their third-largest increase on record for May, due in part to first-time homebuyers who timed the open and close of escrow in order to capitalize on both the federal and state tax credits," said Steve Goddard, C.A.R.'s president, in a statement.

"May also marked the fifth month of double-digit gains in the median price, indicative of strong buyer demand relative to the supply of homes for sale. With a 4.6-month supply of homes for sale, unsold inventory continues to be well below the long-run average of seven months, and will continue to drive price appreciation over the next several months."

A six-month supply of inventory is considered a rough equilibrium between a buyer's market and a seller's market, with an inventory above six months sometimes indicating a buyer's market. All homes under $1 million in California now have a less-than-six-month inventory.

Another report by the Federal Housing Finance Agency, also released today, showed that U.S. house prices fell 1.5 percent year-over-year in April -- a smaller decline than the 6.9 percent drop observed between April 2008 and April 2009.

Prices rose 0.8 percent month-to-month in April, which the FHFA partially attributed to the homebuyer tax credit program. The agency based its numbers on the purchase prices of houses with mortgages that have been sold to or guaranteed by Fannie Mae or Freddie Mac.

Thinking about selling your home in Ossipee NH in 2010?

2010-06-11T15:17:00.004-04:00

Written by Bill Barbin, REALTOR at Badger Realty

The first thing you should look for is a real estate agent that hangs out around town. Look in breakfast joints and bars. Ask around the gas station. I’m just kidding…

90% of real estate shoppers, especially second home buyers, search for property in Ossipee on the internet.

Should you put your important real estate asset in the hands of an agent that needs help turning their computer on or should you work with someone that has embraced the internet since back when Al Gore invented it?

Does knowing someone that knows someone that sells real estate qualify them to help you sell your home?

I’ll let you answer that one for yourself but I bet you would be surprised to find out how many people pick their agent that way.

How about an office in Ossipee?

Based on what we know about the use of the internet, the office location is not 100% relevant. There are good agents working the Ossipee NH real estate market. However, one of the keys to selling your property is your real estate broker's ability to expose your property to as many buyers as possible, especially second home buyers. Therefore I would strongly consider working with an office located in the epicenter of the tourism industry in the region.

So where does this leave me?

Working with a full time, internet savvy real estate agent that knows the Ossipee NH area well and working with an office in the center of the region's tourism traffic will put more tools at your disposal to sell your Ossipee NH Real Estate.(Full time is also an important factor: You want your sale to be part of the income your agent needs to survive. You don't want your agent to earn more in tips than they do in commissions.)

At Badger Realty I have the ability to display your property in our front windows, for all the foot traffic to see and dream about. As you can see here, I also use the internet to positively expose my listings to the most focused and motivated buyers that are looking at our area from "back home". By using blogs, Facebook, YouTube and Twitter, to name just a few resources, I work hard to put my listings in front of as many real buyers as possible. In short, I speak the language that today's buyer wants to hear.

Now that I know I want to work with Bill Barbin at Badger Realty, what's next?

Good question. The next most important issue you face is pricing. Be cautious of anyone that tells you what you want to hear. If it sounds really hopeful right now it can't be the truth. Right now prices are continuing to go down. There is no recovery yet. Do you want to wait until the market recovers? Only if you have the time. As you can see from this graph, experts are predicting another year before prices start to turn around. Look at how long it will be before the prices go above where they are today.

If you can wait until 2013 to get today's price for your house then you may want to....

For the rest of us, we have to get on with living our lives.

Good deals are sitting while great deals are selling.

Homes are selling. There is a core group of about 30 agents in Carroll County NH that are still making a living because, contrary to popular belief, properties are selling. The flash in the pan brokers with flashy signs and such have gone home to take up reiki or something else to make a living but there is a core group of professional real estate agents that are still out here making our living through real estate sales. The smart brokers learned early in this market down-turn to be able to tell our clients things they did not want to hear. The best part is that the sellers that listened sold their property 2 years ago or last year and got more for it than they could today. The bottom lin eis this: Your property has to be a no-brainer bargain vs similar real estate for sale in the Ossipee area. Think and act like a buyer. Search the web for homes like yours, near yours or that are in any way similar to yours. Ask your agent to take you out to see the competing properties. THEN, think like a buyer. Feel afraid that what you are going to buy will go down in value even more. Pause for a moment and wonder if you could buy the house you like for less if you just wait longer. Decide which Ossipee NH home for sale YOU would buy today.

Then listen to your real estate agent.

I see different homes for sale every day. I complete BPO orders (Broker Price Opinions) for banks and asset management companies every week. I will only get paid if I help you price your home correctly. So trust what you are hearing from an agent like me.

Competitive is not the key word for your pricing strategy. Think compelling!

How will supply and demand affect the North Conway NH area real estate market in the coming months?

2010-06-02T17:33:00.004-04:00

Written By REALTOR Bill Barbin

of Badger Realty

Supply and demand is a relatively simple concept. The principle of supply and demand is evident in real estate for sale at either end of Carroll County, from North Conway NH and Jackson to Wakefield NH and Ossipee NH. In the North Conway NH real estate market we need to look into the future supply just like any other industry. As an example, let's assume I own a hardware store in town. I have done $1 million in retail sales each and every year for the last ten years. What should I budget to do in sales over the next twelve months? $2 million is about right. However, if I found out a Loews or Home Depot was building a store in the vacant lot across from my store, should I change my plotted budget? Yes.

What does this have to do with real estate in Ossipee NH or North Conway NH or anywhere in between? That "Home Depot" has been being built and is ready to open. That "Home Depot" is what is being called "shadow inventory."

Shadow inventory is made up of the homes not yet for sale in the North Conway to Ossipee (Carroll County) area, and the area, but are in these categories:

• The houses where the owners have put life on hold until the market recovers and have been waiting it out for the last 4 years but can't wait any longer.

• Homes that have already been reposed by the banks (REOs) but not yet on the market.

• Homes that are in already in the foreclosure process but have not yet been reposed by the banks.

• Homes that are 90+ days behind on their mortgage payments (less than one percent will ever catch up. 99% will become a distressed sale).

Selling Demand that has been pent up.

Zillow just recently released a survey on the category of ‘pent-up selling demand'. They asked:

"If you saw signs of a real estate market turnaround in the next 12 months, how likely would you be to put your home up for sale

The actual numbers from responses:

• 5.3 million home owners would be ‘very likely' to sell their home.

• 6.1 million would be ‘likely'

• 10.6 would be ‘somewhat likely'

*Note* In 2009, 5.2 million homes were sold.

Types of distressed properties

There have been several organizations that have attempted to quantify the other category (delinquencies, homes in the foreclosure process and REOs). This is what they found:

• The Mortgage Bankers' Association states that there are 4.3 million homes in this category.

• Barclay's Capital says 4.7 million.

• Capital Economics puts it at 5.5 million.

• Morgan Stanley, from a recent study, claims 8 million.

Total Shadow Inventory

By conservatively taking the lowest amount in each category, we are talking about approx. 9.4 million homes entering the U.S. real estate market.

Again, by comparison, 5.2 million existing homes were sold during 2009.

What does this mean to you?

There will be a enormous downward pressure on prices in the coming months. For buyers this may easily be offset by interest rates that have nowhere to go but up. The real impact is on the sellers whose values are creeping or running downward every day.

Ossipee NH real estate outlook 2010

2010-05-27T14:44:00.001-04:00

Written by REALTOR Bill Barbin of Badger Realty

According to economists at Moody's Analytics, what is now being referred to as the Great Recession is technically over. Unfortunately, the harm from this financial downturn was serious enough that it will take more than a year until it feels really over to us regular people.

There's a reason this recession has hurt so many: The economists say it has lasted twice as long and was twice as deep as the average of the past 10 recessions the nation has experienced since 1948. The New Hampshire unemployment rate, which is now 7.2 percent (well below the national median of 10.2 percent) is not forecasted to rise above 7.8 percent before starting to recover sometime next year.

During the first five months of this year, for example, residential home sales were below last year. However, compared to last year the number of homes sold has risen in four out of the past five months. Overall, 2009 home sales edged up a little bit over the same period last year.

Median home prices statewide were still about 7 percent below October of 2008, but the difference is narrowing from monthly numbers that earlier this year ranged between 10 and 20 percent below 2008. This trend indicates that home prices in New Hampshire are stabilizing and will likely begin to increase in 2010.

The expanded home buyer tax credits will almost certainly have a positive effect on home sales and values in the next several months. Also, as home prices stabilize, that will reduce any perceived risk on the part of potential home buyers and encourage lenders to finance more purchases.

New Hampshire has been considerably more fortunate with regard to home prices than many other states. Median home prices statewide are expected to bottom out in 2011 at between 20 and 25 percent or more below their 2005 peak. Given the worst recession in 60 years, that's really something to be pleased about. Several other states have seen home prices reduced by half or more from their peak in 2005.

Indications show that residential home sales are likely to be about the same as last year, just above 10,000 units, and at a median sale price that will be within 10 percent of 2008.

There are some NH and Maine foreclosure or foreclosed - bank owned properties for sale that will make great purchases for the right person. Go to my website at BillBarbin.com and use my NH real estate and Maine real estate mls search windows to see if there is a bank owned property that's right for you.

BADGER REALTY REAL ESTATE PROFESSIONAL EARNS ECOBROKER CERTIFIED® DESIGNATION.

2010-05-03T13:38:00.003-04:00

Jackson, New Hampshire – May 2, 2010 – Kevin Killourie, of Badger Realty in Jackson, has earned the EcoBroker Certified® designation, having successfully completed an award-winning informative training program on the energy and environmental issues that affect real estate transactions. Kevin joins the movement of professionals pushing the real estate market toward energy-efficient, sustainable, and healthier features in homes and buildings. Today’s focus on high-performance energy-efficient homes is a priority for this type of high-quality real estate professional earning the EcoBroker Certified® designation. EcoBrokers® like Kevin are building premier market presence by serving as consumer and community resources on energy and environmental issues. With national surveys indicating that 9 out of 10 consumers consider energy efficiency and the environmentally sound aspects of a home to be almost as important as interior finishes, Certified EcoBrokers® are simply in a better position to serve the savvy green-minded real estate consumer.

“I’m always looking for the best ways to not only offer my clients the best value but to also develop a relationship where they feel I am a trusted resource,” Kevin explains. “My EcoBroker Certified® training helps me ensure that my customers, get the knowledge and information they need. From energy-efficient appliances to solar options to overall energy savings, I now have more resources at my disposal to help my buyers and sellers make informed real estate decisions.

EcoBroker International’s premier designation program is designed exclusively for real estate professionals who care about the environment and want to help their clients benefit from the energy-efficiency, “green,” and healthier features of properties. The extensive curriculum of energy and environmental training requires participants to fulfill additional program requirements to become Certified EcoBrokers®.

“Kevin Killourie is an example of the quality real estate professional the EcoBroker Certified® designation continues to attract,” explains EcoBroker International CEO Dr. John Beldock. “These real estate professionals are not only distinguishing themselves in a competitive market place, but they are really giving back to the community in very constructive and meaningful ways. The Mt. Washington Valley needs more contributors like Kevin. The planet and our grandchildren need them, too,” says Dr. Beldock.

Kevin earned his EcoBroker Certified® designation in April and is wasting no time putting the tools and additional expertise to work. Kevin says he’s looking forward to continuing to positively impact the industry by highlighting the cost effectiveness and benefits of energy-efficient homes and commercial buildings.

For additional information on what it means to be a Certified EcoBroker®, please contact:

Kevin Killourie
Phone: 603-383-4407 • Cell: 603-986-5551 • Email: Kevin@BadgerRealty.com

Spring is the best time to Sell your Home!

2010-04-20T08:21:00.002-04:00

Spring is is the best time of the year to get the highest price for your home because there are more buyers home shopping during April, May and June than any other months.

Here are 15 things you can do to improve the odds that your home will stand out among the sea of new listings flooding the spring-time real estate market:
1) Wash windows inside and out / polish all mirrors
Sparkle is free, and sparkle sells homes. A potential buyer may not realize why your home seems so inviting but will feel drawn to it if the windows are spotless and your mirrors reflect sunlight. Cleaning is the first step to preparing your home for sale.
2) Rake the yard / trim back bushes
Clean out dead leaves and debris in your lawn. Don't let overgrown vegetation block the windows or path to the entrance. Cutting bushes and tree limbs will let the sun inside and showcase the exterior of your home.
3) Mow diagonally and edge lawn along driveway / sidewalks
Artfully manicured lawns are edged and tell buyers you pay attention to small details. Diagonally mowed lawns make your yard appear larger.

4) Transplant tulips and daffodils or buy flowers in containers
Yellow flowers stimulate buying urges. After a long winter, everybody is anxious to see the first signs of spring. Yellow tulips and daffodils induce feelings of happiness and contentment. Arrange containers in groups of three or five near the entrance.
5) Clean drapes, curtains & blinds and open every window
Send your window coverings to the dry cleaners or wash, dry and press. Toss blinds into a soapy bathtub for a quick wash. Get rid of all accumulated dust and spider webs. Crisp linens and a spring-time breeze through the windows invites the season inside.
6) Set out fresh-smelling flowers such as just-clipped lilacs branches or peonies
Why not flatter your neighbors and ask if you can borrow flowers from their yards? Natural scents are more appealing than artificial and trigger fewer allergies among those susceptible. Peony vases are designed to hold peonies upright, but wash the flowers first to avoid carrying ants inside. Clever home staging brings color and fragrance indoors.
7) Polish floors to a high gloss
Your hardwood floors should be refinished, if necessary. Make your ceramic and linoleum floors twinkle and shine. Bleach dull grout. Thoroughly clean all area rugs.
8) Utilize towels, throws, pillows in light colors – yellows, pinks, pale blues, lavenders
Even if it means replacing items, towels, linens, throws and sofa pillows are inexpensive accents you can buy. In soft spring colors, they will light up a room. Layer towels on bathroom towel racks and place rolled wash cloths on the counters in a fashionable pyramid.
9) Offer an outside mat for cleaning shoes & put umbrella stand at entrance
No matter where you live, spring weather is often unpredictable. In some states, it can be 72 degrees one day and snowing the next. If it's raining, give buyers a place to stash umbrellas and wipe their feet before entering your home. Some sellers lay down plastic runners across floors for protection, but that tends to ruin the effect of a glittering polish job.
10) Buy brightly colored helium balloons
Stationery and party-supply stores sell helium balloons for about a dollar each. So, there's no reason not to pick up a couple dozen balloons to tie to your open house signs. Balloons build excitement and will get your home noticed by home shoppers.
11) Set out four-color flyers & financing options
Don't skimp on your marketing materials. You want home buyers to select your flyer among the dozens they pick up. Color sells better than black and white. Show home buyers how easily they can afford to buy your home by giving them two or three financing options. The first thing on buyer's minds when considering a home purchase is the monthly mortgage payment. Don't make them guess.
12) Use a color photo for display advertising
Spend a little more on newspaper and online advertising by including a color photograph in your ad. Remember: a picture is worth a 1,000 words. Look through your photo galleries for a seasonal photograph that flaunts your home to its best advantage.
13) Mail four-color postcards with UV coating
Call a local title company to obtain a free direct-mail list of your surrounding neighbors. Print four-color oversized postcards and include a UV coating to give the marketing oomph. Use first-class postage.
14) Fill sink with ice to chill bottled water for guests
Put a couple dozen bottles of water in a sink of ice for buyers. You can also tape labels to the bottles, printed from your computer, with your phone number, a photograph and address of your home.
15) Set out treats, individually wrapped in cellophane & tied w/ribbon
Touring homes makes buyers hungry. Give them a snack. It will give buyers an opportunity to linger in your kitchen and marvel at its elegant appointments, which might otherwise be overlooked.

For more information: Badger Realty, PO Box 750, North Conway, NH 03860 603-356-5757.

(article published by Elizabeth Weintraub)

First REALTOR® Nationwide Open House This Weekend April 10-11

2010-04-09T15:05:00.002-04:00

First REALTOR® Nationwide Open House Weekend April 10-11

2010-04-05T13:58:00.000-04:00

With low interest rates, affordable home prices and home buyer tax credit opportunities still a large part of today’s real estate market, the first REALTOR® Nationwide Open House weekend, April 10-11, will provide prospective buyers throughout the country with a chance to view homes in specific neighborhoods as the spring home buying season kicks off.

Interest rates remain at historically low levels, and average home prices are as low as they have been in five years. Additionally, home buyers still have time to take advantage of the $8,000 federal tax credit available for first-time buyers, as well as a $6,500 credit for current home owners who are under contract on a new home by April 30.

“This is a wonderful way to kick off the spring home buying season,” said Tyrone Adams, Chairman of the Nationwide Open House Committee. “These opportunities won’t be around forever.”

New Hampshire Association of REALTORS® 2010 President Monika McGillicuddy agreed that the timing is ideal. “Many of those who may have been priced out of the market a few years ago are finding opportunities now,” McGillicuddy said. “But we just don’t know how long these conditions are going to remain in place.”

REALTOR® Nationwide Open House weekend will provide potential home buyers with an opportunity to view homes throughout their targeted communities and obtain information and answers to questions about specific homes, market conditions and the home buying process.

Check with a local REALTOR® in advance of April 10-11 to find out about open houses in neighborhoods of interest.

This event is a collaboration between numerous state and local REALTOR® associations across the nation. REALTOR® is a registered collective membership mark which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics. Not all real estate agents are REALTORS®.

5 Good Reasons to Buy a home NOW!

2010-03-29T10:30:00.000-04:00

5 Good Reasons to Buy that Home NOW!!
by Steve Harney on March 22, 2010
in For Buyers
If you are considering whether or not to purchase a home in the near future, let us discuss why this might be the optimal time to do so. There are five excellent reasons to buy a home now instead of waiting until later. Let’s go over them quickly in this post. For more information, contact Badger Realty, 603-356-5757.

http://kcmblog.com/2010/03/22/5-reasons-to-buy-that-home-now/

Log Homes of Today Earns Increased Sales Award

2010-02-22T10:03:00.000-05:00

Log Homes of Today of North Conway, NH was recently awarded the Silver Award for Increased Sales by Golden Eagle Log Homes. This award recognizes that Log Homes of Today was Second in increasing sales for the year of 2010, with an increase of 2 homes over 2008. Log Homes of Today has shown an outstanding level of professionalism in their approach to selling log homes. The competition between Golden Eagle Log Homes Dealer in 28 states was very high but Log Homes of Today’s efforts in marketing, adverting, and serving their customers has proven to be the backbone of their success.

Jay and Tod Parmeter, owners of Golden Eagle Log Homes, recognize Log Homes of Today’s efforts and attribute their hard work to making 2009 a very successful year for the company. Golden Eagle is committed to following a course that will ensure its dealers thrive in today’s complex and changing business world. To this end we provide the most complete log home package on the market today. Our 20 plus log profiles, 4 corner systems and award winning plan book featuring over 75 floor plans, will please the aesthetic tastes of almost every customers.

Melissa Leonard and Leonard Magliocca, owners of Log Homes of Today confirmed that 2009 was a challenging year, one that forced them to think of different ways to conduct their business; and to find qualified customers. The feeling all year was to think out of the box, to look into areas for shows and advertising that we did not consider in past years. We work with our customers from our office at Badger Realty in North Conway, and we have already built homes to show off our product as well as two homes currently under construction. Our office is located at Badger Realty’s North Conway Office at 2633 White Mountain Hwy North Conway, NH. “The added advantage for us is that we have a team of Real Estate Brokers at Badger Realty that also know our product very well and help us represent the many different designs to interested log home buyers wishing to build anywhere in New England”, says Melissa Leonard.

When a customer needs to see a particular type of home or log style, we take advantage of the Travel Bucks program that is offered by Golden Eagle Log Homes; this helps pay for the customers trip to Wisconsin Rapids WI. There they will see the manufacturing plant, 2 professionally decorated models, a show room filled with displays; and the ability to work with home designers and kitchen designers. This allows prospective customer to see exactly what they are considering; decision making becomes easy.

Log Homes of Today is thankful for all the help they receive from the community and invites everyone to stop by.

For additional information, call Log Homes of Today at 603-986-4227 or stop by Badger Realty for a free brochure.

Help for New Hampshire Home Owners

2010-01-14T14:31:00.001-05:00

A Message From Governor John Lynch

Many New Hampshire families are seeing their dreams of home ownership put at risk due to the national mortgage crisis. If you are at-risk and are concerned about losing your home, help is available.

On this site, you will find important foreclosure prevention tips and valuable resources to assist you. There is also a list of qualified housing counselors who can help you assess your situation and offer specific suggestions.

It is my hope that this site will provide the assistance you are looking for.

This is a difficult time for many New Hampshire families. By visiting this website you have taken an important step in addressing concerns you may have regarding your mortgage. I encourage you to use the resources available to you to help ensure you keep your home.

Sincerely,

John Lynch
Governor

ATTENTION HOME OWNERS: On March 4, 2009 the federal government announced a program that would allow qualifying home owners to refinance their mortgage loan or obtain a loan modification to help prevent families from losing their homes. For more information on the "Making Home Affordable" program, and to see if you qualify, go to the www.makinghomeaffordable.gov web site.

"There's No Place Like Home"

2009-12-03T15:51:00.012-05:00

ANNOUNCING THE WINNERS of the 2nd Annual Mt Washington Photo Contest. The 12 photos chosen for the 2010 Calendar for Charity have been selected and all Winners have been notified. This year’s first place in the Pro/Semi- Pro division goes to Stephen Pannone for “Resting Fawn”, second place goes to Heather Durgin for “A Classic Moment”. In the Amateur division, first place went to Maureen Venti for “Snow lingers on Mt Washington”, while second place went to Andy Kohn for “Count Me in Too”. Our Student category this year gave first place to Kennett HS Student April Marie Houle for “Orange Beauty” and second place to Fryeburg Academy’s Megan MacGillivray for “Rising Above”. All winning photographs can be viewed on line at http://www.mwvphotocontest.com/ in the month of December.

In addition to the 6 winners, there were another 6 Honorable Mentions that also received a page in the 2010 Calendar for Charity. Those photos were Kevin LaCasse’s “Mt Washington Xmas week”, Linda Little’s “Reaching the Summit”, Naveen Santhanam’s “Rays of Hope”, Steven Kligge’s “Keeping a Watchful Eye”, Kathleen
Kligge’s “The Seasons Blend” and Bill Fullman’s “Christmas on Chocorua”. There were also 20 additional photos selected for honorable mention recognition as well in this year’s calendar with over 450 photos entered representing some 75 photographers.

“Once again, we couldn’t have done it without all our many local sponsors”, says Bernie. Much thanks goes out to Tom at CHI Inspection services, Pat at Mortgage Masters, Ed at Bank of America, Attorney Shelley P. Carter, Alpine Title Services, Randy at RMS mortgage services, Hannah at Simons & Leoni Home Loans, Andrea at Wells Fargo Home Mortgage, Ward at Simonton Inspection services, Randy at Palmer& Pike Insurance Agency and Phil & Cathy at The Country Picker moving and storage solutions. Also, Debbie at Anderson Graphics who designed the calendar, Judy at Tebo web designs, Eric at Sunrise printing and the generous hosts of the contest and service project, Badger Realty. After expenses for promoting the contest and cost to create the calendars, sponsorship monies are also being made available in 1st and 2nd place Cash prizes in each of 3 categories; Student, Amateur and Pro/Semi-Pro.

“The goal of the annual MWV photo contest and “Calendars for Charity” service project is to encourage, recognize and display photographic talent from our shared community of locals, friends and vacationers who share a passion for photography. Bernadette Friberg, creator of this event announced “Now in its second year, a second charity has been added in our long range effort to integrate the photo contest to benefit local Charities”. Calendars go on sale the first week of December and net proceeds will support “Starting Point Services”, for victims of domestic & sexual violence or “Mother Seton House”, supporting pregnant women in need in a faith based crisis Center for women in difficult circumstances. For more information contact Bernie@Badgerrealty.com, call 603-356-5757 x 310 or stop by Badger Realty’s North Conway office to say hello to Bernie and to buy your 2010 calendar by writing your check for $10.00 to either of these charities noted. Calendars can also be purchased directly from either of these Charities and may be available at various locations throughout the MWValley this holiday season.

Congress giving homebuyers a big new tax break

2009-11-05T16:39:00.003-05:00

By STEPHEN OHLEMACHER, Associated Press Writer Stephen Ohlemacher, Associated Press Writer

WASHINGTON – Missed out on Cash for Clunkers? Congress has another deal for you: Buy a home before May 1 and collect up to $6,500 from the government. If you're a first-time homebuyer, get up to $8,000.

As part of the government's efforts to encourage people to spend money to help revive the economy, the House voted 403-12 Thursday to expand a popular tax credit for homebuyers. The bill, which also extends unemployment benefits and expands a tax break for money-losing businesses, now goes to President Barack Obama, who plans to sign it Friday.

First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package. But with that housing program scheduled to expire at the end of November, the House voted to extend it into the spring — and to expand it to many people who already own homes.

Buyers who have owned their current homes at least five years would be eligible, subject to income limits, for tax credits of up to $6,500. First-time homebuyers — or people who haven't owned homes in the previous three years — could get up to $8,000. To qualify, buyers have to sign purchase agreements before May 1 and close before July 1.

"It's huge. I think it's going to have a big impact," said Patti Ketcham, who owns a real estate firm in Tallahassee, Fla. "I hope I'm right. Golly, I hope I'm right."

Like housing markets across the country, Tallahassee's has been depressed since even before the nation's economy plunged into recession. There was no huge boom and bust like there was in many coastal areas, Ketcham said, "but ask anybody trying to sell a house and they'll tell you it's been no fun."

The credit is available for the purchase of principal homes costing $800,000 or less, meaning vacation homes are ineligible. The credit would be phased out for individuals with annual incomes above $125,000 and for joint filers with incomes above $225,000.
Read More...

Halloween Fun in Mt. Washington New Hampshire

2009-10-27T15:49:00.007-04:00

Height of Terror - If you’re scared of heights, you get a terror two-fer by visiting The Ghoullog.

Cranmore Mountain Resort, 1 Skimobile Road off Route 16, North Conway, N.H

800-786-6754 • www.cranmore.com • Oct. 29-31

$25 all ages, $23 if ordered online.

The Maize - "New for 2009 Flashlight and Fright Nights" Haunted phase is open if you dare! Flashlight phase for those not so daring.

Sherman Farms, 2679 East Conway Road, East Conway, NH 03813
603-939-2412 • www.shermanfarmnh.com • Fri. & Sat. nights• Oct. 30, 31. • 7 - 10 pm.

Admission Prices: $8.00 Ages 12 & up • $5 Ages 5-11 • 4 and under FREE

Hometown - North Conway, New Hampshire

2009-10-02T11:56:00.002-04:00

A place that we live, a place that we love.
If your interested in making a move, we'd love to assist you in your search.
Badger Realty - (603)356-5757

USA TODAY features Mt. Washington Valley and Badger Realty

2009-10-02T08:43:00.005-04:00

The Mount Washington Valley, once again, has made national news! And its good news. . . . Our valley remains one of the top ski (and vacation) destinations in the country, as written by USA Today Reporter...

For more information, Badger Realty, PO Box 750, North Conway, NH 03860; 603-356-5757.

http://www.usatoday.com/travel/destinations/secondhomes/2009-10-01-new-hampshire-ski-resorts_N.htm

2nd Annual MWV Photo Contest

2009-09-30T14:28:00.004-04:00

It is that time of year again to dig through your old photos or get snapping! Mt Washington Valley’s 2nd annual Photo Contest hosted by Bernadette Friberg of Badger Realty requests all entries to be submitted by October 15th, 2009.

Back by popular demand is the theme “There’s No Place Like Home”. “So many people had such a unique interpretation of the theme that it seemed like a good one to continue with” says Bernie. “I think we all feel at home in this beautiful area and the feelings of “home” do come out in many creative ways “. Bernie invites you to take a look at last year’s winners on-line at the photo contest website http://www.mwvphotocontest.com/ or by stopping in to Badger’s North Conway office and asking to preview the “2009 Calendar for Charity”. There is usually a story behind each photo and Bernie enjoys hearing the stories and meeting the photographers who share in her passion. Besides selling Real Estate for the past 25 years, Bernie has also become the photographer for Badger Realty. In addition, Bernie has been very active in photographing the MWV Theater company for their 2009 venue of musicals and enjoys photographing other events affiliated with her friends and family ties.

There is NO cost! Complete an on-line submission form for up to 10 favorite photos that you would like to enter. Photos can be submitted either digitally through http://www.mwvphotocontest.com/ or dropped off to Bernie c/o Badger Realty at 2633 Main St.North Conway, NH 03860. See contest Rules and Details for photo size requirements as some restrictions may apply.

Once again, many local sponsors affiliated with Bernie through the real estate industry have stepped up to the plate to help make this contest another success. After expenses for promoting the contest, sponsorship monies are being made available in Cash prizes for 1st and 2nd place photos in each of 3 categories; Student, Amateur and Pro/Semi-Pro. Details on prizes to be announced before the October 15th deadline and will be updated on-line or by contacting Bernie@Badgerrealty.com 603-356-5757 x 310.

Bernie urges everyone with an eye for photography to take full advantage of this wonderful opportunity to show off your photos and become a part of a bigger picture as the winning photographs will be used in the 2010 “Calendar for Charity”. Calendar sales are a fundraiser to help local charity organizations. Last year’s Charity recipient, “Starting Point” asked to be kept on another year. In addition “The Mother Seton House” has been selected added as a second charity recipient for the upcoming calendar portion of this community wide event.

Photo Above: Pictured are some of the winners and supporters of the 2008 photocontest. Photographers holding copy of the 2009 “Calendar for Charity” benefiting Starting Point Servies. Left to right: Susan Zaremba & Carly Pelletier, Eric Smith of Sunrise Printing, Megan Simone, host Bernadette Friberg of Badger Realty, John and Linda Little and Karen Williams.

Badger Realty announes affliation with Top Notch Vacations

2009-08-31T10:19:00.000-04:00

Badger Realty is pleased to announce a new affiliation with Top Notch Vacations. Badger Realty’s Rental Department will continue to service seasonal and year round rentals, and Top Notch will be exclusively servicing short-term rentals.

“I believe this is a great opportunity. It is such a natural fit with Badger Realty servicing seasonal and year round rentals and Top Notch servicing short term rentals. Our company rental philosophies are very much in line-we want to create life-long visitors to our great spot here in the Mt. Washington Valley”, enthusiastically states Dick Badger of Badger Realty.
Top Notch Rentals offers the largest inventory of independent vacation rental properties in the Mt. Washington Valley. Last year, over 800 different groups passed through their doors. They specialize exclusively in short-term rentals, and offer numerous services in addition to finding short-term tenants including property management and discounted tickets to various Valley attractions. They have all of their resources in place, from cleaning staff to contractors and winter maintenance crews, and starting October 15th, will be centrally located in North Conway Village, right behind the Badger Realty office on Seavey Street.
Badger Realty has been “selling the most beautiful real estate in the world” since 1965 and looks forward to growing their rental business through this affiliation. Looking for a rental or have a property that you want to rent out? Call us at 603-356-5757 and we can direct you to the right department.

Housing crisis set to enter new stage

2009-08-24T11:22:00.003-04:00

We felt this was very important to pass along.....We are feeling the same effects as what is happening nationally!

The march of good news continues for housing. Existing home sales jumped 7.2% between June and July -- the largest increase in over a decade and the fastest pace in nearly two years -- according to the National Association of Realtors (NAR). Prices are down 15% compared to last year.

A combination of cheap distressed properties, seasonal trends, low interest rates, and tax credits for first-time buyers is working its magic. But a number of issues have me worried that instead of an end to this epic housing nightmare -- we are about to enter a new stage.

The first problem is that the current buying trends are by no means normal with a large percentage of sales focused on foreclosures, short-sales, or other forced transactions rooted in financial distress. Read More...

Phone Badger Realty for your real estate needs!

Badger Realty offers Relocation Services

2009-08-12T17:32:00.006-04:00

Badger Realty has proudly partnered with "Leading Real Estate Companies of the World". This partnership enables our relocation specialist, Wendy Holmes, to research communities across the country to discover population, education, financial, environment, crime information, dining, cost of living comparisons, home sale data and more on over 30,000 communities nationwide - easily and FREE to you. I do love living in the Mt. Washington Valley when I look at the crime report in comparison to other areas of the country. (See Below)

If you are moving out of the area or into the Mt. Washington Valley/Western Maine, please give Wendy a call. She is a wealth of information about potential communities you may be interested in and refer you to a reliable real estate firm that is out of the area. Our partnership with "Leading Real Estate Companies of the World" enables us to offer a service not provide anywhere else in the Valley. With over 600 partnering firms with 5,000 offices and 150,000 associates we are able to offer you a high standard of quality service synonymous with the brand of our network. When you're thinking of a move, let Wendy find a qualified real estate firms to fit your needs.

Wendy Holmes (Relocation Specialist) (603)356-5757

Badger Realty REALTOR, Bernadette Friberg, wins 1st place in Photo Contest!

2009-07-30T13:17:00.003-04:00

Congratulations to Bernie Friberg, of Badger Realty, on winning first place in Fryeburg Maine's Fourth of July Photo Contest. Bernie, an avid photographer and Badger Realty's inhouse professional photographer, captured the "Got Spirit" photo while attending this hometown yearly event. Great job Bernie!

New homes sales soar unexpectedly

2009-07-27T11:03:00.000-04:00

Sales of newly constructed single family homes rose 11% over May, but median price fell 3%.

NEW YORK (CNNMoney.com) -- Sales of newly constructed single-family houses spiked 11% in June to an annualized rate of 384,000 homes.
The gain over May was much greater than expected. A consensus of housing industry analysts had forecast seasonally adjusted sales of 352,000, according to Breifing.com. However, sales are still 28% below the levels of a year ago, when new homes sold in June at an annualized rate of 530,000.
Four years ago, during the height of the housing boom, the sales rate for June was 1,374,000, nearly three-and-a-half times higher than last month.
"That is really good news," said Peter Morici, an economics professor at the University of Maryland who had forecast June sales to be at the 350,000 level. "Considering what's going on in existing home sales, with all the foreclosure activity sending down home prices, for new homes to jump like that is a good indicator that the economy is bottoming out."
Builders have been a little more optimistic about market conditions lately and this report should further buoy their spirits. An index of builder confidence from the National Association of Home Builders rose to 17 this month after languishing in single-digit territory.
As a result, builders have stepped up their pace of construction; in June, they began building single-family housing units at an annualized rate of 470,000, a 14.4% jump over May.
The median price paid for a house sold in June 2009 was down about 3% to $206,200; the mean price was $276,900.
By the end of the month, the inventory of new homes had dropped to 281,000, an 8.8 month supply at current rates of sale. Last month, there were enough homes on the market to last 10.2 months at that rate.

Housing Starts in U.S. Climb to Seven-Month High

2009-07-17T11:18:00.002-04:00

Just read an article from Bloomberg website, that I feel is worth passing along. Rather than putting it into my words, I will let the "experts" speak for themselves:

July 17 (Bloomberg) -- Housing starts in the U.S. unexpectedly rose in June as construction of single-family dwellings jumped by the most since 2004, signaling the market is stabilizing.
The 3.6 percent increase brought starts to an annual rate of 582,000, the highest level since November and followed a 562,000 pace in May that was higher than previously estimated, the Commerce Department said today in a Washington. Building permits, a sign of future construction, rose the most in a year.
Lower borrowing costs and plunging prices are making houses more affordable, helping to stem the decline in sales and alleviating the worst housing slowdown since the Great Depression. Stabilization would rid the economy of the drag from declines in residential construction that have shaved almost a percentage point off growth over the last three years.
“Builders are beginning to see some opportunities to get back to work,” said Mark Vitner, a senior economist at Wells Fargo Securities LLC in Charlotte, North Carolina. While a strong rebound in “not likely for some time,” Vitner said, ‘it seems clear that housing starts bottomed in the first quarter.”
Economists forecast starts would fall to a 530,000 pace, from a previously reported 532,000 in May, according to the median of 73 forecasts in a Bloomberg News survey. Last month’s reading exceeded the highest estimate, with projections ranging from 479,000 to 564,000.
Market Reaction
Treasury securities dropped after the report and stock- index futures trimmed earlier losses. The yield on the benchmark 10-year note was 3.61 percent at 9:03 a.m. in New York, up from 3.57 percent late yesterday. Futures on the Standard & Poor’s 500 Index were little changed at 935.50.
Building permits climbed 8.7 percent to a 563,000 annual rate, the highest level of the year.
Construction of single-family homes jumped 14 percent, the biggest gain since December 2004, to a 470,000 rate. The fourth consecutive increase brought single-family starts to the highest level since October. Work on multifamily homes, such as townhouses and apartment buildings, dropped 26 percent after surging 66 percent in May.
The report “quite potentially is signaling the early stages of a rebound,” said Richard DeKaser, chief economist at Woodley Park Research in Washington, whose starts forecast was the highest among economists surveyed. “I think a stabilization would be more assured.”
Mounting Evidence
The increase in starts adds to signs that the housing slump may be nearing a bottom. Combined sales of existing and new homes climbed to a 5.1 million annual rate in May, the highest level so far this year.
U.S. homebuilders are becoming less-gloomy about the industry. The National Association of Home Builders/Wells Fargo index of builder confidence gained to 17 in July, the highest level in 10 months, the group said yesterday. Measures of current single-family sales and buyer traffic increased.
Home starts were down 46 percent from a year earlier, today’s report showed, and are down from a peak annual rate of 2.27 million in January 2006, which capped the biggest housing boom in six decades.
Some Federal Reserve officials last month saw a danger of a renewed decline in the housing market, partly as mortgage rates increased. They also pointed to the continuing “high rate” of foreclosures as a risk that inventories could rise and prices fall further.
Housing ‘Vulnerable’
“Most participants viewed the sector as still vulnerable to further weakness,” the central bank said in minutes of the Federal Open Market Committee’s June 23-24 meeting released July 15 in Washington. “Some expressed concern that the increases in mortgage rates seen over the inter-meeting period had the potential to further depress the demand for housing and thus impede an economic recovery.”
Borrowing costs have retreated once again since the Fed’s meeting. The rate on a 30-year fixed loan fell to 5.14 percent in the week ended yesterday, the lowest level in almost two months, according to figures from Freddie Mac. The rate reached a record low of 4.78 percent in late April.
Mounting loan defaults are a concern. Foreclosures rose 33.2 percent in June from a year earlier, RealtyTrac Inc. said yesterday. Also, a record 1.5 million properties received a default or auction notice or were seized by banks in the first half of the year.
Little Improvement
New-home sales likely will be little changed in coming months because of low consumer confidence and the difficulty would-be buyers have getting loans, Pulte Homes Inc. Chief Executive Officer Richard Dugas said at an investor conference June 23.
“Buyers are unwilling and unable to take on new mortgages,” Dugas said at a conference in Boston. “Despite the record fall in prices and the tremendous deal that consumers get relative to the 30-year mortgage rates where they are today, we’re still having difficulty convincing people to get into the market.”
Some builders are more optimistic.
“Although key economic indicators remain mixed, we are beginning to see signs that some negative housing market trends may be moderating,” KB Home Chief Executive Officer Jeffrey Mezger said in a statement June 26. While net orders for the second-quarter trailed the same period a year earlier, they were 59 percent higher than the first three months of 2009.

For more information, contact the team at Badger Realty, LLC, PO Box 750, North Conway, NH 03680; 603-356-5757. www.BadgerRealty.com.

FOURTH of JULY Area Festivities

2009-07-02T12:25:00.013-04:00

The 4th of July holiday weekend is apon us! What do you have planned while in the Mt. Washington Valley and Western Maine? Here are few lists of activities that are planned for the weekend. With such a variety, we are sure your holiday weekend will be full of fun.

North Conway, NH:

2:00 PM Parade Conway - All other activities are located in North Conway
4:15 PM Independence Day Celebration
4:45 PM Tina Titzer Act One Dance Company
5:45 PM Kennett High School Drumline
6:30 PM MWV Theater - High School Musical
7:30 PM Discount Gigolos Concert
9:30 PM Spectacular Fireworks (time subject to change)

Jackson, NH:

Fireworks Display
Location: Jackson VillageDate
Friday, July 3, 2009
Time: 9:00pm

The Fireworks will be going off from the greens of the Wentworth Golf Course making easy viewing throughout Jackson Village but we do recommend that you come early to get a good spot. There will be ice cream, popcorn, glow necklaces, balloons and other fun stuff available. For more information please contact the Jackson Area Chamber of Commerce at (603)383-9356.

Ossipee, NH (Old Home Week):

Ossipee Independence Day Fair and Community Fair. Part of Ossipee Old Home Week celebrations, the Ossipee Independence Day Fair and Community Fair are held July 4th in Center Ossipee.

Parade - 10 a.m. & community fair at Ossipee Concerned Citizens after the parade (ending at 2 p.m)

Giant yard sale, as well as pony rides, music, children's games, horseshoe pitching, hamburgers and hot dogs from the new food shack, entry awards, and the citizen of the year award.

Fireworks - Ossipee Fourth of July Celebration at Constitution Park, 5 p.m. - 11 p.m. Foor, music and firewords. Constitutiion Park is located at Route 25 and Long Sands Road, in Center Ossipee. Wide variety of foods available from many non-profit organizations that benefit the Town of Ossipee. (Rain date is Sunday, July 5). Free parking at the park. Music provided by The Poundz of Soundz.

Fireworks will be held at 9:30 p.m.

Tamworth, NH

2009 Family Day July 4, 2009
7:30 – 8:00 Registration At KA Brett School for the Ordination Rock 5K Family Day Race
8:30 Ordination Rock 5K Race begins at Ordination Rock
10:15 Parade Registration at Barron’s Village Store
11:00 Parade Starts at Tamworth Town House
NOON Swift River Jazz Band at KA Brett School
1:00 Parade Awards – Tent at KA Brett School
1:30 Family Games – Pie Eating – Egg Toss
7:00 Contra Dance – Dudley Laufman at the KA Brett SchoolCafeteria
7:00 The Shifters – Rock Music – KA Brett School at the Tent
9:30 Fantastic Fireworks Display – KA Brett School
FOOD - GAMES - MUSIC

Fryeburg, ME:

Fryeburg is having a kids parade with bikes and walkers at 10am from Fryeburg Academy to Bradley Park, followed by family fun in the park until noonish including facepainting, pie contests, games, prizes, refreshments and more. Show up at 9:30 at the main building of the Academy if you want to join in the parade.

Bethel, ME:

Saturday, July 4, 2009
Fireworks will be held over the Bethel Inn Resort Golf Course at dusk (approximately 9:15pm)

Bridgton, ME:

Fireworks - Bridgton Saturday, July 04 2009, 21:10 - 21:45 Location: Stevens Brook Elementary School Portland Road (behind Rite Aid) Contact: 647-3472 or 647-8786

3 Things to Know About Mortgage Refinancing

2009-06-23T11:04:00.003-04:00

I continually read articles on the real estate industry and like to pass along any that would be helpful to consumers, whether they be buyer or sellers! This one caught my eye as it pertains to refinancing your home and whether it is a good idea to do so. I can say that I am in the process of refinancing right now. By doing so, I have saved $327 a month! Yes a MONTH! My interest rate dropped over 1%. If you are considering a refinance, you should read the following:

Mortgage refinancing is all the rage when interest rates drop. Rates don't have to drop very far, either, before scores of home owners decide that refinancing their mortgages makes sense. But it doesn't always make financial sense to refinance. To read more:http://homebuying.about.com/od/financingadvice/qt/060109_Mortgage-Refinancing.htm?nl=1

For more information, Badger Realty, PO Box 750, North Conway, NH 03860; 603-356-5757.

MaineHousing's 'Gift of Green' offers incentives to buy home

2009-06-19T16:50:00.000-04:00

PORTLAND -- Governor John E. Baldacci announced today some good news for first-time homebuyers -- and for Maine's housing market.
MaineHousing is starting a new "Gift of Green" homeownership initiative that provides eligible First Home program borrowers with up to $5,500 in financial incentives to purchase a home. "When MaineHousing's financial assistance is combined with existing federal incentives to buy a home and make it more energy efficient, the total financial incentives can be as much as $15,000," Baldacci said. "This combination of state and federal assistance should encourage many more Maine families to take that step to become homeowners. The Gift of Green invests in Maine people and in Maine's housing market."MaineHousing launched the Gift of Green, part of its First Home program, with support from the Maine Association of Realtors, the Maine Association of Community Banks and the Maine Credit Union League. MaineHousing's First Home program offers low fixed-rate mortgages to eligible first-time homebuyers. Gift of Green loans will be made on a first-come, first-served basis while funds last. MaineHousing expects to make about 500 mortgages using Gift of Green incentives.The Gift of Green offers:- A grant of up to $5,000, not to exceed 4 percent of the loan amount, to help with the cash required for the down payment and other closing expenses. - A coupon of up to $500 for a pre-weatherization and post weatherization home energy audit. MaineHousing designed the program to help homebuyers take advantage of the federal tax credits for first-time homebuyers and for home energy improvements. "Our Gift of Green provides the initial cash needed to make buying a home possible," said Dale McCormick, Director of MaineHousing. "Homebuyers benefit from the federal tax credit for first time homebuyers -- which is worth up to $8,000 - only if they have the resources to buy a home." "And if they make eligible home energy efficiency improvements before the end of 2010, they may leverage an additional energy efficiency federal tax credit of up to $1,500. Weatherization is the gift that keeps on giving through lower heating bills year after year," McCormick said. Borrowers using MaineHousing's "Purchase Plus Improvement" option may include the cost of eligible home energy improvements in the First Home mortgage. "It is an amazing opportunity for buyers," said Cindy Butts of the Maine Association of Realtors. "Since Gift of Green funding is limited, I'd encourage people interested in becoming homeowners to act now and contact their local Realtor."To qualify for the Gift of Green, the homebuyer needs to pay at least 1 percent of the loan amount from personal resources. The new Gift of Green is offered through 35 lenders who participate in MaineHousing's First Home program. To be eligible, borrowers must be first-time homebuyers (have not owned a home in the past three years). Most homebuyers are income eligible and most homes are within the price limits of the program requirements. Income and home price limits are listed at www.mainehousing.org, along with participating lenders."This initiative helps make homeownership more affordable for first-time homebuyers. Maine credit unions are pleased to be a partner with MaineHousing to make this happen. In these challenging economic times, these opportunities are even more critical. Maine's credit unions have a long history of helping people, so helping make the dream of owning a home a reality for more Maine people is consistent with that commitment," stated John Murphy, President of the Maine Credit Union League.MaineHousing's First Home mortgages come with payment protection for unemployment. If an eligible borrower becomes unemployed, MaineHousing will cover up to four mortgage payments, including taxes and homeowners insurance. "Buying a home is the most important investment many people ever make," said Chris Pinkham, President of the Maine Association of Community Banks. "We are here to make homeownership a success for Maine people, and to finance home energy efficiency improvements that can make their home more affordable over time." Gift of Green participants must take an approved homebuyer education class prior to loan closing. The classes educate homebuyers about the home buying process and different types of mortgage products. Informed buyers have a better chance for successful homeownership. McCormick noted that MaineHousing is not using state or federal tax money to provide the Gift of Green incentive. MaineHousing sells mortgage revenue bonds to private investors to fund its First Home mortgages, and funds generated within the bond resolution can only be used to help make mortgages affordable to first time homebuyers.
For more information on the Gift of Green and for a list of Maine lenders offering MaineHousing's First Home mortgages visit www.mainehousing.org/giftofgreen/

Dick Badger Receives Lifetime Award from the White Mountain Board of REALTORS

2009-06-10T14:58:00.004-04:00

Everyone knows Dick Badger. He is the owner of Badger Realty. Here are some things you probably don’t know about Dick Badger.
Dick Badger came to the Mt. Washington Valley in the winter of 1946, working at the New England Inn for that ski season. The next Ski season he worked in Stow, VT (that was the year there was no snow) and then moved out in Aspen for six years.

Dick joined the Marines in 1951 and served in the military until 1954.
He attended both Bowdoin College and Jackson College in Honolulu, Hawaii.

Dick married his lovely wife, Mary, in 1962. At the time, he was traveling salesperson of Skis and Ski Equipment, including Limmer Ski Boots that were made in Austria. His wife did not like life on the road, so Dick decided to settle down and rented a house in the Mt. Washington Valley.

He has been in the real estate business for over 50 years.

He was a salesperson for US Steele Homes out of Camden ME and Worcester MA from 1956-1958.

He took a job working as a Manager for Charles Pinkham of Pinkham Real Estate from 1962-1965.

Dick got his real estate license in 1962 and was one of the founding Members of the White Mountain Board of REALTORS. Dick, along with Ted Russell, designed many of the A-Frames, Chalets, and vacation homes built around the Mt. Washington Valley in the 1960’s and 70’s. They designed 50 houses in one year alone!

Dick opened Badger Realty in 1965 with secretary, Helen Barnes and one other sales person, Ted Russell. His good friend, John Keeney, joined the office in 1966. Badger Realty’s North Conway office has been in the same location for 44 years, and in 1996 opened the Jackson Office.

Dick has taken an active role in the White Mountain Board of REALTORS. He was the President of the White Mountain Board of REALTORS in 1968 and was REALTOR of the year in 1969. He saw the fruition of our own “MLS System”. You remember the good old days, when the books consisted of one black and white photo property, four properties to a page, all that up-to-date information delivered to your office every two weeks! And as we moved into the era of technology, Dick was excited for the changes to come. He embraced it and took every opportunity to learn everything he could to stay on top of the leading edge tools available to him. IF he could only get his damn printer to work!

Dick has been an active member of NNEREN, CIBOR, and REPAC. He has been a past Director of the Chamber of Commerce. He has been a member of the North Conway Rotary Club, Arts Jubilee, and the Jackson School Board. He spear-headed a committee to explore barrying the power lines along Route 16 and many other committees that I have not mentioned here today.

Dick is an avid sailor and loves the ocean. I was reminded of Dick last year at the REALTOR convention when a motivational speaker uttered these words: “A smooth sea never made a skilled sailor!” Dick has worked thru many different economic booms and downturns. His back-to-the-basics approach has kept him afloat thru it all.

Anyone who has done a real estate transaction with Dick Badger knows that he is a tough negotiator, but under that tough exterior, beats a heart of gold. That’s why we love him!

Wendy Holmes

New $8,000 Tax Credit for First Time Home Buyers!

2009-05-22T08:55:00.003-04:00

Great news for first time home buyers in 2009! Qualified first time home buyers are eligible for an $8,000 tax credit when buying a primary residence. If you haven't owned a home in the three years prior to closing, congratulations! You are also eligible.

We know this may not apply to you, however, you may have a family member or friend who it may apply to and you can spread the good news!Remember, a tax credit is much more valuable than a tax deduction. A tax credit reduces dollar for dollar the amount of tax you owe. A deduction merely reduces the amount of your income that is taxable. Here are two examples of how the tax credit works. You paid $4,000 in taxes. Qualify for the full credit and you get that $4,000 back, plus another $4,000. If you paid no taxes, you get the full $8,000 back in cash – and you don't have to pay it back! Eligible buyers may qualify for a tax credit of up to 10% of the purchase price or $8,000, whichever is less. To qualify for the full credit, the buyer's modified adjusted gross income must be less than $75,000 for single taxpayers and $150,000 for married taxpayers filing a joint return. A partial credit is available for incomes under $95,000 (single) or $170,000 (married). In order to qualify, the $8,000 tax credit is available for qualifying home purchases made through Dec. 1, 2009. This is not a typo. If your closing occurs December 2nd or later, you lose. Want one more reason to act now? Qualified home buyers can apply the credit to either their 2008 or 2009 tax return. To get the credit for 2008, see your tax professional about filing an amended return.

Family Friendly Business

2009-05-19T15:45:00.001-04:00

Badger Realty was recently nominated, and won the “Family Friendly Business” award from Valley Outreach. This award is for a business that exemplifies the values and practices of respect for employees who are parents of school age children. In addition, family-friendly businesses creates an understanding, respectful work-place culture so that all employees feel valued and able to contribute.

The nominating employee, Wendy Holmes, was asked to read her letter at the awards ceremony on Wednesday April 29, 2009.

The Letter Read:

Dear Valley Outreach:

I am writing this letter to nominate Badger Realty LLC for your Valley Outreach “Family Friendly Business Award”.

I joined the Badger Realty Team in Sept of 1996. At that time, I was a single parent of two small children. There have been many instances where I would get a call from school to come pick up a sick child, attend teacher meetings during the day, or doctor’s appointments. Badger Realty has always been understanding and allowed me to leave work whenever necessary. However, the culture here goes well beyond simple understanding.

You see, my daughter has a non-verbal learning disability and I have spent countless hours taking her to appointments, vocational rehabilitation, etc. All the while, Badger Realty has supported me in whatever decisions I have made in the best interest of my child. They have even given her part-time work on occasion (this was her first real job and a great self-esteem builder).

Last year my daughter needed to take classes in Berlin, NH on Thursdays for 14 weeks. In order for this to happen, I would need to take those days off to drive her. When I approached my boss with this news, there was no hesitation I was told it was not a problem. I was able to adjust my schedule during the time I needed and returned to my old schedule once the class was complete. After two additional classes, my daughter received her certificate in Early Childhood Education. Without the support and caring of Badger Realty, this would never have been possible.

Dick Badger and Brenda Leavitt care as much about their employees and their employees families as they do their own families. They deserve this award!

Sincerely,
Wendy J. Holmes

Dick Badger and Brenda Leavitt were both on hand to accept the award. Badger Realty would like to thank Valley Outreach for their support and recognition of community-based businesses in the Mt. Washington Valley.

8 things to do before refinancing

2009-04-27T09:41:00.000-04:00

With 30-year interest rates well below 5 percent, and 15-year interest rates between 4 percent and 4.5 percent, it's time to start seriously thinking about refinancing your mortgage.
But before you high-tail it to the nearest mortgage lender and fill out a mortgage application, there are eight things you should do:
1. Check out the interest rate you have on your current loan. When interest rates dip, the natural inclination is to start filling out loan applications left and right. But too many times, homeowners are focused solely on the new interest rate instead of how much they'll save by refinancing. While you may get water cooler-bragging rights, you should refinance only if it's going to save you money.
2. Find out how much your home is really worth. There's no way to sugarcoat it: Home values have sunk around the country an average of about 20 percent in the past year. In some places, such as Las Vegas, Miami, Phoenix and the San Francisco Bay Area, the decline has been twice as steep. It's vital to assess whether your home still has any equity (the difference between what you owe and what the home is worth) or if you are "underwater" with your mortgage (meaning that you owe more to your lender than the property is worth. Whether you have equity will determine what kind of refinance is open to you.
3. If you're underwater with your mortgage, assess how far underwater you are. While federal requirements have changed with regard to refinancing loans owned or serviced by Fannie Mae, Freddie Mac or FHA, if your loan is more than 105 percent of the value of the property, you may not be able to refinance without bringing cash to the table. (You may still be eligible for a loan modification, however.)
4. Get a copy of your credit history and credit score. Since the credit crisis began, lenders have raised the credit scores required to get approved for the best loan programs and best interest rates. The best place to go for a copy of your credit history and credit score is AnnualCreditReport.com. It's the only place where the three credit reporting bureaus provide a free copy of your credit history each year, plus you can pay $7.95 for a copy of your credit score. Choose the Equifax credit score, since it's the one closest to the score used by most lenders. (You can also go to MyFico.com, and purchase your credit history and FICO score for $15.95. You may also find their online community to be helpful in terms of suggestions on how to raise your credit score.)
5. Start identifying potential lenders. Shopping around for a loan takes a little more planning and effort than it used to, as lenders have jacked up the fees they charge to underwrite and process the loan. Your best bet is to talk to a national lender, a credit union (if you belong to one or can join one), a local mortgage broker (call your real estate agent if you don't know one and ask for several recommendations), and perhaps an online lender.
6. Find out if your second lender will subordinate to your first lender. If you have a first and a second mortgage (also known as a home equity loan), find out whether the second lender will subordinate to the new first lender. That will allow you to refinance your first mortgage, while leaving your second loan in place. Many second lenders will not agree to this, and if yours doesn't, you may not be able to refinance at all unless you pay off the second loan. One possibility is to refinance your first mortgage with the lender who owns your second loan.
7. Focus on the big picture, not just the interest rate. While the interest rate you'd get is important, it's also important to calculate how much you'd pay in fees, and how long it will take to pay yourself back the cost of the refinance with your monthly savings. For example, if you're going to save only $50 per month, and it costs you $5,000 to refinance, it'll take you 100 months -- or more than eight years -- to pay back the cost of doing the loan. You won't start saving until well into the eighth year of paying down the mortgage. So, unless you're cutting the term of the mortgage significantly (going from a 30-year to a 15-year), or you're able to pay off the costs in a relatively short period of time (say, less than a year or 18 months), it may not pay to refinance.
8. Get your paperwork together ahead of time. Before the housing crisis, you could almost do a refinance over the phone. In fact, you could call the loan officer you worked with regularly and put in your order for a refinance. You could do a no-cost refinance without providing much in the way of proof of earnings, or account statements or copies of tax returns. The forms would be delivered to your home, and then you'd sign them and send them in. Today, you've got to have your paperwork in order before you can refinance. Gather your W-2, a current paycheck, copies of your last two federal and state tax returns, copies of your bank accounts, retirement accounts, and other assets. Then call the lender.
(Article obtained by Inman News)

This is a greata time to buy!

2009-04-15T13:46:00.000-04:00

“This is a great time to buy real estate” as quoted by Donald Trump on Good Morning America. Interest rates are at an all time low, prices are more affordable, and inventory is favorable for today’s buyer.

Currently the average 30-year fixed rate is at 4.7%, pending sales are up, and mortgage applications are also up…good news for the real estate market! Don’t miss this great opportunity to purchase under these favorable conditions!

Call us today for more information! 603-356-5757

For the complete interview, go to http://abcnews.go.com/video/playerIndex?id=7331388

Existing-home sales up in February

2009-04-03T14:38:00.004-04:00

At the current pace of sales, that's a 9.7-month supply of homes, unchanged from January but down from the record of 11.2 months seen in July. A six-month supply of housing is generally seen as a healthy balance between supply and demand.
The national median existing-home price for all housing types was $165,400 in February, down 15.5 percent from a year ago. The median home price was pushed down by sales of distressed homes, which are selling for 20 percent less than normal market price, said NAR Chief Economist Lawrence Yun.
The median condominium price was down 18.2 percent from a year ago, to $172,200, and sales of existing condos and co-ops were up 11.4 percent from January, to a seasonally adjusted rate of 490,000 units. Looking back a year, condo sales were down 13.1 percent.
The median existing single-family home price was down 15 percent from a year ago, to $164,600, and sales rose 4.4 percent from January to a seasonally adjusted annual rate of 4.23 million units. That's 3.6 percent below the pace of sales a year ago.
In the Northeast, sales were up 15.6 percent from January to an annual pace of 740,000, but are down 14.9 percent from a year ago. The median price in the Northeast was $251,200, down 4.8 percent from a year ago.

For more information, contact Lisa Brouillette, Badger Realty, PO Box 750, North Conway, NH 03860; 603-356-5757; (or call your Realtor at Badger Realty.)

Over-pricing a Home is BAD!

2009-04-01T09:19:00.000-04:00

There are dozens of reasons overpricing is bad but a few stand out from the pack in terms of hitting your wallet when everything is said and done.

Overpricing your home makes the competition LOOK better.
When you price your home over the market value by even 5% or 10%, it makes other properties that are comparable to yours look better. Take for instance, Bob’s house. Bob has a nice 2,000 square foot, 4 bed, 2 1/2 bath home in North Conway that is well maintained and sits in a subdivision with some 50-odd other homes that are somewhat similar in stature and value. The market value of the home as determine by a professional real estate agent is $210,000. Against his Realtors advice, Bob lists his property at $230,000 Now, John has a very similar property just down the street in the same subdivision. It has the same amenities, a similar floor plan, and is the same size. The only real difference is that John’s house has pretty poor landscaping and the backyard is not fenced like Bob’s. John lists his home the same day for $208. Bob’s home may be better kept and have more going for it but by overpricing the house, Bob has caused buyers to go look at and make offers on John’s house instead. Poor Bob.

Overpricing your home destroys your ‘Window of Opportunity’.
To the right is a graph of two homes’ showings. The yellow is of John’s home, the red, Bob’s. As you can see, Bob never had a chance. The window of opportunity exists for this reason. When you place your home on the market, buyers are already out there looking. These buyers find your home through a Realtor or on a website and decide to go see it or not. These first few weeks of buyers are the ones already in the market. As time passes, only new buyers look at a home that has been on the market a while. When your home is overpriced, you completely miss this initial influx of buyers. Even if you realize your mistake by week 3 or 4 the damage is done. Buyers don’t go back and look at houses they’ve already been shown is overpriced either online or by a Realtor. There is a stigma on the overpriced home even though it is now priced at market value.

Overpricing automatically halves your number of showings.
A home that doesn’t show doesn’t sell. Even at market value, only 6 out of every 10 buyers that are looking at your price range will come see your home for sale. When you overprice your property by just 10%, your number of showings will drop in half. Now, only 3 out of every 10 buyers will come to see your property. The average property shows at least 8 times before there is an offer. By overpricing your home by 10% you have effectively doubled your home’s time on the market, if it sells at all. Just to put it all together for you, Bob ended up selling his home a year later for $204,000. $6,000 under original market value and over twice the days on market. Plus, he had to offer buyer and Realtor incentives just to get the house sold. Again, poor Bob.

If you only remember one thing about pricing your home, remember this: Sellers do not determine a home’s value. Realtors do not determine a home’s value. Buyers determine the market value of any given property.

Call your REALTOR at Badger Realty, LLC , PO Box 750, North Conway, NH 03860
603-356-5757; Info@BadgerRealty.com

Some Tips to Selling a Home in a Falling Market

2009-04-01T08:39:00.003-04:00

Anyone trying to sell a home in a falling market is probably a bit frustrated and worried. The media is constantly presenting information to the public about how bad the real estate market is. There is no doubt that we are in very trying times, however, here in the Mt. Washington Valley and western Maine, we are fortunately not experiencing the amount of foreclosures and drop in values as many other areas across the United States area.

If you are looking to sell your property and want to obtain offers, there are some guidelines you should follow that will help improve your chances on selling your property in a shorter period of time.

1. Check to be sure that you are able to sell property! It is very important to look at your current financial situation and what if you have a mortgage on your home, what the outstanding balance of your loan is. Contact your real estate agent for a complete market analysis in order for them to determine what the market value is of your property prior to putting it on the market.

2. Be a Buyer for a Day! As a prospective seller, we often look on line, in the newspapers, etc. to see what our competition is! We look at photographs and establish value in our minds. We often look at what we paid for the property and look at what we "need" to get, rather than what others are willing to pay. A great way to work out how to sell your property is to be the buyer. Not only is it a good idea to look at all these mediums, but it is also important to drive by these homes to see how they may compare to yours.

3. Make sure your property stands out from the crowd - Anyone buying at the moment will want a deal, but they will also want to buy a home to live in. Make sure your property is targeted at the right buyer.

4. Price your Property Right - In a normal market, most homes that are priced correctly, will receive an offer within eight weeks after an average of ten viewings. In the current market, the only properties that will sell are the ones that are competitively priced versus everything else on the market.

For more information, contact your REALTOR at Badger Realty, LLC, PO Box 750, North Conway, NH 03860; 603-356-5757. Info@BadgerRealty.com

Should We Stop Making Mortgage Payments to Do a Short Sale?

2009-03-31T08:54:00.003-04:00

I often read articles that are worth distributing to our readership! In the financial crisis that our country is currently in, I feel this article is most appropriate to pass along to our readership.

Question: Should We Stop Making Mortgage Payments to Do a Short Sale?
A reader asks: "Should we stop making our mortgage payments while our home is on the market as a short sale? We've tried to do a loan modification with our lender, but our application was denied because we were current. The lender said if we were in default, it would help us. But we owe so much more than our home is worth, I've lost my job and really can't afford to keep making payments. Can you help us?"

To continue reading the article written and published by By Elizabeth Weintraub, About.com
http://homebuying.about.com/od/shortsale/f/11508_Stop-Pay.htm?nl=1

For fore information, contact your REALTOR at Badger Realty, LLC, PO Box 750, North Conway, NH 03860; 603-356-5757; Info@BadgerRealty.com

Existing-home sales up in February

2009-03-30T14:56:00.002-04:00

Sales of existing homes rose 5.1 percent from January to February, to a seasonally adjusted annual rate of 4.72 million units, the National Association of Realtors reported today.

Distressed sales accounted for 40 to 45 percent of transactions, and total housing inventory grew 5.2 percent, to 3.8 million existing homes for sale.

At the current pace of sales, that's a 9.7-month supply of homes, unchanged from January but down from the record of 11.2 months seen in July. A six-month supply of housing is generally seen as a healthy balance between supply and demand.

The national median existing-home price for all housing types was $165,400 in February, down 15.5 percent from a year ago. The median home price was pushed down by sales of distressed homes, which are selling for 20 percent less than normal market price, said NAR Chief Economist Lawrence Yun.

The median condominium price was down 18.2 percent from a year ago, to $172,200, and sales of existing condos and co-ops were up 11.4 percent from January, to a seasonally adjusted rate of 490,000 units. Looking back a year, condo sales were down 13.1 percent.

The median existing single-family home price was down 15 percent from a year ago, to $164,600, and sales rose 4.4 percent from January to a seasonally adjusted annual rate of 4.23 million units. That's 3.6 percent below the pace of sales a year ago.

Regionally, California saw a strong gain in sales, with the median listing price on the rise for the first time in three years.

Existing-home sales in the West increased 2.6 percent from January to February, to an annual rate of 1.2 million, but were down 30.4 percent increase from a year ago. The West has also seen the greatest year-over-year price declines, with median price falling 30.3 percent from a year ago, to $204,600.

In the Northeast, sales were up 15.6 percent from January to an annual pace of 740,000, but are down 14.9 percent from a year ago. The median price in the Northeast was $251,200, down 4.8 percent from a year ago.

Existing-home sales in the Midwest increased 1 percent from January to an annual pace of 1.04 million, down 14 percent from a year ago. The median price in the Midwest was $131,000, down 7.8 percent from a year ago.

In the South, existing-home sales rose 6.1 percent from January to an annual pace of 1.74 million, but were down 11.2 percent from a year ago. The median price in the South was $146,700, down 10 percent from a year ago.

For more information, contact Badger Realty, LLC, PO Box 750, North Conway, NH 03860; 603-356-5757; Info@BadgerRealty.com

Article was written and printed by Inman News...

2009-03-13T14:58:00.002-04:00

We are proud to share an article that was written by Marti Mayne:

NORTH CONWAY NAMED AS ONE OF 100 GREAT TOWNS

North Conway, NH - North Conway is acclaimed as one of the top 100 vacation towns in the country in a new guidebook entitled The Great Towns of America by David and Joan Vokac. This guide to the best 100 getaways for a vacation or a lifetime singled out towns where the comforts and artistry of civilization blend easily with nearby natural grandeur for the perfect vacation or town in which to live. North Conway is the only town in New Hampshire included in the book, and is described by the Vokacs as 'the peerless gateway to New England's biggest mountain playground'. To be selected as a 'great town,' North Conway competed with all cities and towns with less than 80,000 population. From 221 semi-finalists, 100 communities were selected for their successful combination of scenic grandeur and memorable leisure-time features. Since being revised as a follow-up to the original Great Towns book released in 1998, twelve of the original towns were replaced by new communities in the current edition. However, the authors report that North Conway retained its status among the nation's best due to its scenic beauty combined with a multitude of historic attractions and lodging properties. In the book, authors David and Joan Vokac say 'unspoiled high country and historic attractions are still here, along with many others now vying for travelers' attention. Covered bridges, a colorful depot, a whitewashed landmark inn and other vestiges of earlier times are as beguiling as ever'. They go on to describe 'There are also plenty of contemporary restaurants and lodgings, along with notable art galleries, a crafts center, antiques and regional specialty shops. Along the main road into town is a major collection of tax-free outlet and name brand stores'. In guidebook-style, the book includes an extensive list of attractions and scenic spots, lodging properties, and restaurants found throughout Mt Washington Valley not just in North Conway. A special concluding chapter provides livability and affordability tables comparing North Conway to the other great towns in the book.David Vokac, a former urban planner turned travel writer, is the author of ten earlier guidebooks. He and his wife, also a former planner, devoted two years and 80,000 miles criss-crossing the nation in search of the hundred best communities among 221 semi-finalist communities. Their rigorous field work in every town resulted in a comprehensive guidebook full of concise, accurate descriptions of the attractions, restaurants and lodging in not only the towns, but regions beyond. The book sells for $23.95 and is available in bookstores. For more information about The Great Towns of America guidebook, visit www.greattowns.com. To learn more about the great town of North Conway and visiting Mt Washington Valley for an unforgettable getaway, visit www.mtwashingtonvalley.org or call 1-800-DO-SEE-NH (800-367-3364) for all the trip planning tools you need. Call Badger Realty, PO Box 750, North Conway, NH 03860 603-356-5757 for all your real estate needs.

Log Home Building – What you should know!

2009-03-13T14:08:00.002-04:00

What log species is best? Making the right choice is as easy as prioritizing your wants and needs for your log home. Let’s look at two log species that are widely used for log home construction. The Eastern White Pine and White Cedar.

You should consider the following: Insulating value, Strength/Durability, Rot and Insect Resistance Cost,Aesthetics

1. Insulating Value as provided by the ASTM or American Society for Testing and Materials. (An international standards organization.) Using the R – Value of the thermal mass and comparing to a conventional framed home of R-19.

- White Cedar 6” log the size used by most Cedar Log Home Companies has an R – 22.68. This is very good.
- Northern White Pine 8” log has an R – 22.08. This is very good.
- Northern White Pine 10” log has an R – 27.60. This is the best.

Some Cedar Log Homes companies offer an additional insulation package. Why?

2. Strength/Durability. This is one of the important factors when determining the type of log to use for your home. If you are living in an area with high snow, wind and seismic loads and you want a home with tall and longer walls you should consider building with Pine. Pine is significantly stronger and denser than Cedar. With these qualities Pine provides a much nicer interior and exterior finish. And if you want large glass walls, Pine can make it happen much better than Cedar. Think about this. Custom framed homes use pine studs for exterior and interior wall framing, flooring, structural roofing, trim and doors. Just about everything used in a custom build home is Pine. Why?

3. Rot and Insect Resistance. There is a major misconception from Cedar log companies that lead one to believe that Cedar is rot and insect proof. THIS IS NOT TRUE. All wood will rot and are subject to insects over time. To stop this natural process all woods must be stained and sealed. Both species of logs will last indefinitely as long as they are maintained property. Think about it again. Custom framed homes use pine studs for exterior and interior walls. Why? Do they protect the Pine studs? Yes. Why don’t they use Cedar studs Do they have Cedar studs? No. Why? If Cedar studs could be used why don’t they used them? What do Cedar log home companies use for interior wall framing, flooring and roof structure? Why don’t they use Cedar? Ask for an explanation.

4. Cost. Is cost important to you? Do you have a budget? Most people do have a certain amount of money to build their Dream Home. Truth be told Pine cost anywhere from 10% to 25% more than Cedar. What does this mean to you if you are on a budget? You can build a larger home with Pine or you will have more money to spend on upgrades, such as granite countertops, a screened porch, another bay for your garage.

5. Aesthetics. You are the only person who knows what they are looking for. Do you like the looks of an 8”, 10” or even 12” full log home? Do you like the primitive look? The smooth log look? The hand hewn look? All the other factors involved in making a decision mean very little. What is appealing to your eyes should not be undermined by misconceptions or mistruths. The facts are here. Do not let anyone sell you a log home. You should buy a log home because it is what you want. It is your Dream Home, it is what you see not what others see for you.

We are a Pine Log Home Manufacture. We do not offer Cedar log but it is interesting that most Cedar companies offer Pine logs as an option. Why? They spend a lot of time and effort preaching that Pine is bad and yet they will sell you a Pine log if you want to save money. Why do this if you are so confident that Cedar is better?

We know Pine. We know how to finance it, design it, manufacture it, shape it, form it, ship it and build it. We know the bold grain of Pine and how best to build your vision for your Dream Home.

For more information on your log home needs, call Leonard Magliocca and Melissa Leonard at Log Homes of Today 603-356-0056, or email Leonard@LogHomesofToday.com

Badger Realty Home Listings to Appear on HGTV’s FrontDoor.com

2009-03-11T13:30:00.001-04:00

Mt. Washington Valley, NH Badger Realty is participating in a marketing alliance with Scripps Networks’ HGTV to include property listings on the popular cable network’s new FrontDoor.com website through its affiliation with Leading Real Estate Companies of the World®. The relationship gives (your company name)’s home listings valuable exposure with HGTV’s loyal broad-based consumer audience of home enthusiasts.
FrontDoor.com is a unique home listings site that goes beyond mapping tools and statistical data to give consumers real-world advice on what it is like to live on a street, in a neighborhood or in a potential new home.

“We are truly excited to be able to offer another marketing service to our Sellers. With 84% of home buyers using the Internet in their home search, HGTV is a great place to market homes for sale, according to Brenda Leavitt, Manager of Badger Realty.

Badger Realty also participates in Leading Real Estate Companies of the World’s RELOHomeSearch.com, bringing added exposure to out-of-town buyers who are relocating, looking for second homes or retiring.

For more information on Badger Realty, LLC, visit www.BadgerRealty.com or call the Team at Badger Realty, North Conway and Jackson, NH at 603-356-5757 or 603-383-4407.
# # #

About Badger Realty
Badger Realty, LLC (www.BadgerRealty.com) is licensed in both Maine and New Hampshire. Since 1965, Badger Realty has been the leader in real estate in New Hampshire's White Mountains and western Maine.

About Leading Real Estate Companies of the World®
Leading Real Estate Companies of the World® (www.LeadingRE.com) is a global real estate network comprised of nearly 700 of the best-known local and regional real estate firms. With more than 5,000 offices and 145,000 sales associates in the United States and 35 countries abroad, LeadingRE affiliates sell over $400 billion in home sales representing more than 1.3 million transactions annually, outselling any national franchise and leading the nation in the sales of $1 million-plus homes. Seven of the United States’ top 10 real estate firms are LeadingRE affiliates.

Badger Realty is “Going Green”

2009-02-06T13:17:00.002-05:00

Badger Realty is trying to do their part in helping save the environment. The movement started with office wide recycling of paper, plastic, aluminum, and ink cartridges. Now they are now focusing their efforts in reducing paper waste. “We are aiming the vast majority of our advertising efforts onto the web, as well as trying to reduce the amount of paper mailings we are sending out “ says Brenda Leavitt, managing broker. They are creating an online brochure to replace the brochure they would have formerly printed and distributed through the mail. In addition, all newsletters and correspondences to Buyers and Sellers are also being sent via email whenever possible. Their hope is to reach the same amount of people, using far less of our natural resources. Brenda also comments, “Our new and improved web site www.badgerrealty.com, should be going live in March. We are very excited as it will be much more interactive and user friendly, in addition to being one stop shopping for both Buyers and Sellers. We have just added a video channel to the site with vast amounts of information pertaining to all aspects of real estate”. Be sure to save www.badgerrealty.com as one of your favorites! For further information, call Badger Realty, LLC, 603-356-5757, PO Box 750, North Conway, NH 03860

Pictured here are Wendy Holmes and Sue O’Brien of Badger Realty

Six (6) Reasons Why Now Might be the Best Time Ever to Build a New Home.

2009-02-05T09:46:00.002-05:00

I have recently read an article that was written by Scott Stroud (http://www.builderradio.com/) and I echo every word that is written. So much so that I wanted to share the article with you as well.

"I should have bought stock in Google when it was first released. I knew it then, but I didn’t act. I was scared off by the nay-sayers in the media. I hesitated, and the ground floor opportunity didn’t wait. Today, Google’s stock is up 800% from its initial price. Today, the opportunity to build a new home is similar to Google’s initial stock offering - an excellent investment and a short window of opportunity.
What… housing? A good investment? Is this a joke? It’s no secret that the housing industry has been in a downward spiral for the past three years. Housing prices have fallen in most markets - some up to 40% or more from their 2005 values. Banks and mortgage companies that extended themselves with bad loans and unrealistic lending programs have restricted their credit standards, gotten out of the mortgage arena, or gone out of business. And, builders and contractors who were too busy to return phone calls are now looking for work, and grateful if they get it. It’s scary, we know. But, these very same factors make now an excellent time for those that can do so to act on building their dream home. Here are six solid reasons why those who take action now will save thousands and the construction of their new home, and what to do to take advantage of these favorable - that’s right, favorable - market conditions.
1. Housing is cyclical.
The period from 1987 - 2005 was one of the strongest housing booms since WWII. By 2004, it became obvious to many that housing starts were growing at unsustainable levels. Land, materials, and home prices were escalating and the term ‘housing bubble’ was coined to describe the frightening pace at which new homes were being built. Like all bubbles, everyone knew it couldn’t last forever, but the economy had become so dependent upon the housing sector that it was hard to ease it back gradually. The ‘pop’ came in late 2005, and by 2006 huge inventories began to erode builder profits and housing values began to fall. Just like 20 years before. Historically, housing ‘booms’ last 8 - 12 years. This one lasted 18 years. But, these cycles typically run ‘hot’ for about 10 years, then ‘cool’ for 3 - 4 years. Then, the cycle starts again. Today, 2 full years into the ‘cooling off’ period, new home inventories are beginning to be absorbed and markets are beginning to stabilize. Projections are that by the middle of 2009, the market will start heating up again as a new up-cycle begins. That growth, just like that of past upturns, will mean a reinvigoration of the market… and rising costs to go with it.
2. Interest rates are at historic lows.
As this is being written, 30-year fixed rates are near 6% and 15-year rates are well below that number. Other than a brief few months in 2004, those are the lowest rates in the past 40 years. True, credit is tighter than it was two years ago, but that only affects those with marginal credit. The vast majority of home buyers will not be impacted by more stringent lending standards. Low mortgage rates, combined with the lowest material and land costs we’re ever likely to see, mean that right now you can build more house for the money than you will when the housing market recovers.
3. Materials costs are rising, and will continue to do so.
Higher fuel costs are being applied to building materials, as they are to just about everything. However, many building materials are very energy-intensive to produce, and so might be more impacted than most consumer goods. The largest cost in producing drywall, for example, is the energy to fire the kilns to dry it. Do you see energy costs going down in the near future? Neither do I.
4. Builders, Contractors and Tradesmen are available.
When housing is strong (and it will be again soon) there is a waiting list for contractors. At the height of the housing boom, one of the most discussed topics at builder meetings was the fact that fewer people were entering the trades and builders were having difficulties hiring enough experienced people to form full crews. Today, there is a ‘window of opportunity.’ When crews are available without long waits, homes are built and finished in less time, requiring less interest on construction loans. This favorable situation is temporary - cyclical, remember?
5. Land is available… while it lasts.
In boom times, bigger builders and developers monopolize the best land and lots, driving up costs and leaving scattered-site builders and home buyers to fight over their leftovers. Now, the large-volume builders are bogged down with excess inventories (homes they built and have all their cash tied up in,) and many aren’t liquid enough to make land investments. That means that lot prices are about as low as they will be, and the choice and availability are at their best.
6. Housing demand will soon outstrip existing inventory, and is on the rise.
This might be the biggest incentive to act now to build. New families are being formed in the U.S. at a record pace - far faster than new homes are being built to accommodate them. It seems nobody is looking ahead. By the end of this decade it is projected that there will be a need for nearly 2 million new homes per year to handle the population growth in this country.
The housing industry has never produced homes at that rate, and with the labor issues that were felt during the past housing boom, it is questionable whether those quotas can be filled.
Today, in mid-2008, we’re on the brink of the next big housing boom. When it happens (and no one is sure exactly when it will happen, just that it will) the door will close on individuals who are waiting for the media to give them the ‘all clear.’ Housing costs will continue to rise, labor shortages will create long delays, interest rates will rise to try to control inflation, and homes will become less and less affordable. What all this means is that buyers who sell their homes today might get 8% - 10% less than they would have gotten back in 2005, but the cost of new construction is currently down by nearly 20% from those same levels (but already climbing.) Sure, when the market recovers existing homes will regain their previous value, but they won’t keep up with the rising costs of new construction.
This brings me to a seventh (bonus) reason why now might be a great time to act to build your new home: The sooner you build it, the longer you’ll enjoy it. These points discussed here are common knowledge and common sense. No, there are no guarantees that the market will recover on schedule, or that some unforeseen event won’t cause a recession next year, or that there won’t be an energy crisis, another terrorist attack, floods in the Midwest or another hurricane. We don’t know what the future holds, other than that housing is historically cyclical, that families are forming faster than houses are being built, that energy costs will never go back down, and that the term ‘affordable housing’ may be something our children only read about. And that, if you want to realize your dream of owning a beautiful new home, there may never be a better time to act on that dream than right now."

For more information on who we can help you, call Melissa Leonard, Badger Realty, LLC, or email Melissa@BadgerRealty.com. 603-356-5757 x309.

“The Value of NOW”

2009-01-22T10:44:00.002-05:00

NOW is an incredible time for Buyers!!
With interest rates below 5% and property values lower than recent years, many Buyers are taking advantage NOW to invest in the real estate market.

A four season market like the Mt Washington Valley is even more attractive for investors looking for that “home away from home” and the opportunity to rent out their property while off-setting their mortgage at the same time!

Never mind the first-class skiing and shopping outlets galore, the Mt Washington Valley is a place that will always bring lasting memories AND good investments for those understanding the value of NOW. For further information, call or email Lisa Brouillette at Lisa@BadgerRealty.com; 603-356-5757. Badger Realty, PO Box 750, North Conway, NH 03860

Selling the Most Beautiful Real Estate in The White Mountains of New Hampshire and western Maine.

Tax Credit for First Time Home Buyers!

2009-01-13T11:56:00.002-05:00

Credit for first-time home buyers. If you purchased a primary residence after April 8, 2008, and before July 1, 2009, and are a "first-time" home buyer, you can qualify for a new tax credit for 10% of up to $75,000 of the purchase price. To be eligible, you must not have owned a residence in the U.S. in the previous three years. Nor can the credit be taken if your mortgage is funded with tax-free bonds that states and localities issue to give below-market mortgages.
The credit phases out between $150,000 and $170,000 of AGI for married couples and $75,000 to $95,000 for single filers. It is refundable to the extent it exceeds your regular tax liability -- which means that if the credit more than offsets your tax liability for the year, you'll get a refund check for the balance -- but does not offset the AMT. If you buy your home in the first five months of 2009, you can elect to take the credit on your 2008 income tax return.
Beware: This credit is more like an interest-free loan from Uncle Sam rather than a gift, because it will be recaptured ratably over 15 years. The recapture period starts two years after the year the credit is claimed. Thus, if you claim a $7,500 tax credit for a purchase in 2008, you will have to pay an extra $500 of income tax in 2010 and in subsequent years until you have repaid the full $7,500. If you sell the residence before the credit is fully repaid, the balance is due in the year of the sale. (If your profit on the sale is less than the unrecaptured credit, though, the amount due is limited to the amount of your profit.)
Information supplied by: Randy Guida
Mortgage Banker
Reverse Mortgage Specialist
Residential Mortgage Services
“right next to the train station”
28 Norcross Circle
PO Box 559
North Conway, NH 03860

603.356.3496 x 401
603.356.7937 fax
603.662.6702 cell
rguida@rmsmortgage.com

Bartlett NH and Jackson New Hampshire Foreclosure Sales and Bank Owned properties

2009-01-07T16:30:00.001-05:00

Here are some more great examples of Bank Owned and Foreclosed property sales. These are properties for sale that closed in Jackson NH and Bartlett New Hampshire in the last 200 days:www.BillBarbin.comBartlett NH - 467 Jericho Rd. Foreclosure SaleA 2 bedroom 1 bath home. Approx. 3 miles from Badger Realty Jackson Office.Asking Price for sale at $37,900, Bank Owned sold at $33,500 on 12/31/2008On the market for 301 days with original list price of $141K+/-.Bartlett NH - 92 Wilhelm Place at Linderhof / Christmas Mountain area Bank owned3 Bedroom 2 Full bath Chalet in Good location and in Good condition, with fee access to golf and pool and tennis. Near Storyland. 1 acre lot. 2 miles from Badger Realty Jackson Office.Asking price for sale at $174,900 Foreclosure sale at $174,900 on 11/17/2008Jackson NH - 47 Dana Place Rd. #3 ForeclosedNew Hampshire gem. 5 Bedroom 4 Bath condo just minutes from Wildcat. Approx. 4 miles north of Jackson office of Badger RealtyAsking price for sale at $129,900 Bank owned sale at $130,900 on 10/20/2008The best way to find foreclosed properties, foreclosure listings and bank owned property is to work with a knowledgable agent, like myself, that specializes in Foreclosure Sales, Short Sales and Bank owned property. I need to say on top of the bank owned and foreclosure listings of all my competitors in order to serve the needs of my lender-clients best. That means that the buyers that work with me often have advanced knowledge of bank owned and foreclosed listings coming on the market and also have an advantage when dealing with the forecosure listings of the other agents that get the listings in the White Mountain area.Banks are not easy to deal with. At www.BillBarbin.com I have been working with lenders and banks for years and I can help guide you through the difficult and sometimes frustrating process that will lead you to a purchase of the right property at a very good price. Good deals sit while Great Deals sell. MY direct # is 603-986-0385. Give me a call if you would like to work with a broker that knows bank owned foreclosyre listings and can give you the competitive edge.
Posted by BillNorthConwayBroker at 8:08 AM 0 comments
Labels: bank owned, condo for sale, for sale, foreclosed, foreclosures, homes for sale, land for sale, property for sale, short sale, value pricing

Top 10 Deductions for Homeowners

2009-01-07T09:17:00.002-05:00

I was reading an article in MarketWatch regarding deductions for homeowners. With The tax season upon us, I feel it is appropriate to share the article with you.

Your home may be brimming with tax advantages. How will you get all of the breaks you're entitled to? You should always consult a professional tax advisor for details, but here's a list of the top 10 deductions

1. Mortgage InterestInterest on the loan for your primary residence is fully tax-deductible, if you qualify.
2. Points Paid on a Refinanced LoanIf you refinanced, you may be able to write off the points paid for the new loan. But, there's a twist: you'll have to deduct them proportionately over the life of the loan. So, if your new loan has a 30-year term, you'll deduct 1/30th of your points each year. A couple of things to consider: If you've refinanced before, and you have points from the previous refinance that you haven't finished deducting, you can write off the rest of those points in the year you refinance.
3. Points Paid on a Purchase LoanThe points you pay at closing when you buy a home are deductible on your income tax statement for that year. If the seller paid some (or all) of your points for you, you may be able to deduct those seller-paid points.
4. Capital Gains with No Income TaxesThanks to the 1997 Tax Act, once every two years, single homeowners can realize a tax-exempt profit of up to $250,000 - as long as the seller owned and occupied the home as a principal residence during any two of the last five years. Married homeowners who file jointly on their tax returns do not have to pay taxes on up to $500,000 of gain when they sell their primary residence.
5. Home ImprovementsAlthough you can't deduct the expenses associated with home improvements, keep in mind that making improvements to your home may increase the purchase price of your home. Keeping all of your receipts from home improvements may help you prove your home's worth at resale and reduce the potential taxable gain when selling your home.
6. Real Estate and Property TaxesState and local property taxes can be deducted as an expense against income. However the real estate taxes are only deductible in the year they are actually paid to the government.
7. Home OfficesIf you have a qualified office in your home, you may be able to deduct costs associated with maintaining the portion of your home exclusively used for business. For example, 100% of your expenses related to the office such as painting and upkeep are deductible, as well as a portion of indirect expenses such as the cost of utilities and garbage pickup.
8. Limited Moving ExpensesHomeowners who have recently relocated for work may be able to write off the cost of moving themselves, their household goods, their vehicles, and other reasonable costs associated with the move. Restrictions do apply. For instance the new job must be 50 or more miles farther from the old home than the old job was.
9. Health-Related ImprovementsAny home improvements for medical purposes can be deducted entirely from your taxes as long as the improvements do not add to the overall value of the home and have been made for a chronically ill or disabled person. If you qualify, you may be able to deduct a portion of expenses such as a swimming pool for treating polio victims or an air conditioner to alleviate a specific medical condition.
10. Vacation HomesOwning a vacation home has more benefits than you may think. You can deduct some of the costs associated with owning a vacation home, such as real estate taxes, personal property taxes, mortgage interest, and points.

For More information on your real estate needs, call me--Kevin Killourie, Badger Realty, LLC, PO Box 750, North Conway, NH 03860; 603-356-5757; 603-986-5551; Kevin@BadgerRealty.com

"MORTGAGE RATES FALL TO 37 YEAR LOW!"

2008-12-29T11:32:00.001-05:00

"Mortgage rates fell this week, with the 30-year fixed mortgage sinking to its lowest rate in 37 years as the Federal Reserve cut interest rates to historic lows." For more information on how we can help you with your purchase or refinance, call Badger Realty, North Conway, NH 03860 603-356-5757; info@badgerrealty.com

2008-12-10T11:50:00.003-05:00

As the winter season is upon us, heating our homes are in the forefront of our minds. Unfortunately there are many deaths across the country due to carbon monoxide poisoning--largely due to the the many alternative heating that may be used. The State of NH has published the dangers of carbon monoxide which I would like to share with you.

Concord, NH – The New Hampshire Department of Environmental Services wants to remind residents about the dangers of carbon monoxide levels in your homes. Carbon monoxide (CO) is produced whenever any fuel such as gas, oil, kerosene, wood, or charcoal is burned. As the winter months come upon us, our use of fuel for heating increases, thereby increasing the potential for elevated levels of carbon monoxide.

Nationwide, hundreds of people die accidentally every year from CO poisoning caused by malfunctioning or improperly used fuel-burning furnaces or appliances. According to the state fire marshal’s office, several deaths occur in New Hampshire every year. Infants, elderly people, unborn babies, and people with anemia or with a history of heart or respiratory disease can be especially susceptible. Symptoms of CO poisoning may include headache, dizziness, weakness, nausea, vomiting, sleepiness, and confusion. Do not ignore symptoms, particularly if more than one person is feeling them. If you suspect CO poisoning, get outside to fresh air immediately, and then call 911.

“Furnaces and appliances that are not working properly or are used incorrectly can produce dangerous levels of CO,” noted DES Commissioner Tom Burack. “If these devices are maintained and used properly, the amount of CO produced is usually not hazardous. We encourage all residents to take steps to reduce the risk of carbon monoxide poisoning in their homes.”

Techniques to reduce the risk of CO poisoning in your home when using fuel-burning devices include:
Have a trained professional inspect, clean, and tune-up central heating system (furnaces, flues, and chimneys) annually. Repair any leaks promptly.
Install CO alarm(s) with battery backup outside of sleeping areas.
Test your CO alarm(s) frequently and replace dead batteries.
Do not use a gas oven to heat your home, even for a short time.
Keep gas appliances properly adjusted.
Do not use any gasoline-powered engines, such as portable generators, in enclosed spaces.
Do not idle your vehicle inside garage.
Do not sleep in any room with an unvented gas or kerosene space heater
Install and use an exhaust fan vented to outdoors over gas stoves.
Make certain that doors on all wood stoves fit tightly.

For more information about carbon monoxide call DES at (603) 271-3911, visit the DES website at http://m1e.net/c?77112431-j/jhBX5mONr4k%403808745-Dc6/yzvxJEig%2e and search keyword “Indoor Air Quality Program,” or visit the US Environmental Protection Agency website at http://m1e.net/c?77112431-8t/P9G14jV7Ys%403808747-Tp/WUsulJug/g.

60 Second Public Service Announcement from Tom Burack, DES Commissioner:
Audio file available at: http://m1e.net/c?77112431-vsrCuMXmNAOtE%403808746-s4VYYE1p03yuw under Audio/Video/Podcasts
This is Tom Burack, Commissioner of the NH Department of Environmental Services with a message about the dangers of Carbon Monoxide.

Carbon monoxide can kill you without your seeing it, smelling it or tasting it.

Each year in America, carbon monoxide poisoning claims hundreds of lives.

Please take steps to protect your family from these deadly fumes.

Have a trained professional clean and tune-up your heating systems at least once a year.

I strongly urge you to install at least one carbon monoxide detector within your living area, and to vent all fuel burning devices to the outdoors.

Know the warning symptoms of poisoning that include headaches, exhaustion, drowsiness, dizziness, vomiting, and chest pain.

If you suspect carbon monoxide poisoning, you should get fresh air immediately and call 911.

For more information, call the Department of Environmental Services at 271-3911.

60 Second Public Service Announcement - Generic:
Did you know that carbon monoxide can kill you without seeing it, smelling it or tasting it.

Each year in America, carbon monoxide poisoning claims hundreds of lives and sends thousands to the hospital.

Please take steps to protect your family from these deadly fumes.

Most heating systems emit carbon monoxide. Have a trained professional clean and tune-up your heating systems at least once a year and never use fuel burning devices that are not vented to the outdoors.

Everyone should install at least one carbon monoxide detector within your living area.

Know the warning symptoms of poisoning that include headaches, exhaustion, drowsiness, dizziness, vomiting, and chest pain.

If you suspect carbon monoxide poisoning, you should get to fresh air immediately and call 911.

For more information, call the Department of Environmental Services Indoor Air Quality Program at 271-3911. Kathleen Sullivan Head, Badger Realty, PO Box 750, North Conway, NH; serving your real estate needs in the Mt. Washington Valley and western Maine. 603-383-4407; Kathleen@BadgerRealty.com

Before You Buy a Home - Look at Eight Reasons to Buy a Home

2008-12-09T14:44:00.002-05:00

I want to share a recent article by Elizabeth Weintraub, About.com
If you're like most first-time home buyers, you've probably listened to friends', family's and coworkers' advice, many of whom are encouraging you to buy a home. However, you may still wonder if buying a home is the right thing to do. Relax. Having reservations is normal. The more you know about why you should buy a home, the less scary the entire process will appear to you. Here are eight good reasons why you should buy a home.

Pride of Ownership
Pride of ownership is the number one reason why people yearn to own their home. It means you can paint the walls any color you desire, turn up the volume on your CD player, attach permanent fixtures and decorate your home according to your own taste. Home ownership gives you and your family a sense of stability and security. It's making an investment in your future.

For more information: http://homebuying.about.com/od/buyingahome/bb/buyhome.htm?nl=1

Badger Realty, LLC, PO Box 750, 2633 White Mountain Highway, North Conway, NH 03860
603-356-5757; info@BadgerRealty.com

Great News for those looking to refinance or purchase!

2008-12-09T14:41:00.001-05:00

I wanted to share a bit of good news about the economic outlook for refinances and purchases.

The interest rates have come down again recently. I actually saw the rate go down to 5.375% with NO points 30 yr fixed or 4.875% with 1 point 30 yr fixed. Although the rates are subject to change on a daily basis (sometimes several times a day), you may be able to catch it on the down swing if you are refinancing and on top of it. Call your favorite local lender or contact me for names of my favorite mortgage brokers.

If you know of anyone looking to buy; a combination of the great rates, better prices and lots of inventory make it an excellent opportunity to invest some dollars into real estate. Click the following link to search all available listings in the Mt. Washington Valley: http://www.badgerrealty.com/index.php?page=find-a-property

Pass this tip along to others and remember, I’m never too busy for your referrals.

Have a Happy and Healthy Holiday Season!

Bill Barbin
Badger Realty
603-356-5757 x 314
www.badgerrealty.com

We "Own a Piece of Heaven"

2008-12-01T08:43:00.003-05:00

Those of us who live, play and work in the Mt. Washington Valley and western Maine truly do believe that we do own a piece of heaven! On November 26, I put my ski boots on and headed to Attitash! The skiing was great at Attitash. Let’s hope the early snow is a sign of a great winter season for us! For more information on how I can help you with your real estate needs...as well as asking about the ski conditions here in the Valley, give me a call or email me! Kevin Killourie, Badger Realty, LLC, at 603-356-5757 or 603-986-5551. My email is Kevin@BadgerRealty.com! Looking forward to seeing you on the slopes!

New Hampshire stands strong in the face of Real Estate Slump!

2008-11-25T16:10:00.003-05:00

The economic outlook could hardly get much worse. Yet every one of us working stiffs still has to get out of bed every morning and try to conduct some business. There’s little doubt that the remainder of this year and next year will be a difficult one for many businesses, including real estate. So here are three ideas that may brighten up your mood, and perhaps even your office wall:
1. The national economy may be ailing, but New Hampshire is much healthier.
2. New Hampshire is an affluent state with multiple demands for housing.
3. Granite State home prices are returning to historic relationship with income.

New Hampshire’s annual median family income in 2007 was nearly $75,000 – fifth highest in the nation.

To read more of this article:
http://nhar.org/m/modules.php?name=News&file=article&sid=236

Winter Fun in the Mt. Washington Valley!
If you love to enjoy the outdoors in winter, Mt. Washington Valley is the place for your next family ski vacation or outdoor adventure with your friends. Here in Mt Washington Valley, you can enjoy virtually every winter sport, all in a stunning setting against the back drop of the tallest Mountain in the Norteast. It is a playground for skiers, snowboarders, Nordic skiers, snowshoers, skater, snowmobilers winter hikers and ice climbers. Wth seven ski resorts and six cross country centers, Mt Washington Valley, NH is New England's greatest winter playground, with everything you need for the perfect ski or winter outdoor adventure getaway:
* 250 alpine trails* Hundreds of km of Nordic terrain* 200 miles of snowmobile trails* 75 appetite satisfying restaurants* 120 lodging properties* 200 outlet shops and boutiques. Voted among the coolest ski towns in the U.S by Men's Journal. along with the best place to live, play and retire, North Conway and the surrounding Mt Washington Valley are poised to welcome you with just about every winter activity you could imagine. Look for expanded snowmaking, upgraded faciliies, not to mention ZipLines, tubing hills, skating, dog sledding, Indoor Fun Zones and even chair lift speed dating, Mt Washington Valley offers both on-and-off-the-slopes adventure for family ski vacations and those in search of outdoor adventure. Local Ski Resort Opening Dates
Attitash Ski Resort -- November 22

Black Mountain Snow Event -- December 6
Cranmore Mountain Resort -- Tubing Hill opens November 28

Skiing begins December 6

Great Glen Trails -- December 6 for the Atomic Sprints

Jackson Ski Touring Foundation -- December 1 (weather permitting)

King Pine -- December 12

Wildcat Mountain -- November 29
Shawnee Peak TBA
Bretton Woods -- Thursday Nov 20 or Friday Nov 21
Jackson Ski Touring TBA
Bear Notch TBA
MWV Ski Touring TBA
Information supplied by http://www.mtwashingtonvalley.org/.
For addtional information, call Gail Erickson, Badger Realty, PO Box 750, North Conway, NH 03860 603-356-5757 x331; Gail@BadgerRealty.com

2009 Calendar for Charity Now on Sale

2008-11-25T15:03:00.006-05:00

Bernadette Friberg of Badger Realty has put together a beautiful 2009 calendar with the 12 winners of her first ever MWV Photo Contest. The cost of the calendar is a $10.00 donation to Starting Point Services, a local non profit agency providing services to victims of domestic and sexual violence. Begun as a 3 month photo contest themed “There’s No Place Like Home”, it has now expanded into another way to provide needed donations to local non-Profit agencies. The contest which ended October 15, 2008 brought in over 200 photographs from local artists who had some connection to the Mt Washington Valley. Anyone who had an eye for picture taking was encouraged to dig thru their photos or get snapping. In the student category 3rd place was won by a 10 year old, Tyler Mahoney with a great photo she called “Fall Flower”. Second place was senior in HS, Carly Pellitier with a photo she called “Bicycle Ride in the Countryside”. The 1st place Student photo was won by Fryeburg resident Alicia Leavitt who is now a Freshman in college in Florida, and submitted a favorite summer photo called “Nature’s Bounty”. “The Student and Amateur categories proved just as fun to admire and judge as were the professional photos submitted by our local pros and semi pros. Amateur winners were Dan Camara, John Linda and Janet Grady. Pro/Semi Pro winners were Heather Durgin, Megan Simone and Linda Little. The three Honorable mentions were all from the Amateur category with Tom Troon, Susan Zaremba (Grandmother of Tyler Mahoney), and Karen Williams. “ All in allit was a very difficult decision as there were just so many great and creative pictures to choose from” Said Bernie. “Our 2009 calendar now on sale represents the 1-2-3rd place winners in each of the 3 categories along with the 3 honorable mentions. The 12 photographers won not only a spot in the 2009 calendar but also received cash prizes totaling over $700”.

The prizes were donated by area businesses affiliated with Bernie in the Real Estate arena. They include Eric Gray of Sunrise Printing, Randy Guida of RMS mortgage, Wendy Olson and Ed Harrigan of Met Life Home Loans, Attorneys Matthew Weager and William Albrect of Alpine Title Servies, Hannah Sullivan of Simons and Leoni Home Loans, Andrea Baldwin of The Loan Arranger, Pat Jones of Mortgage, Kathy Sanderson of Northway Bank Masters and Ward Simonton Home Inspections. There were also just as many like-kind sponsors who were generous in donating their time and talents to make this all possible. Those sponsors are Badger Realty, Anderson Graphic Studio, Sunrise Printing, Tebo Design Studio and Business Enhancements. In addition, several other supporters have stepped up And are donating their place of business to help promote and sell these limited edition 2009 “There’s No Place Like Home Calendars for Charity.” New location you can buy your calendar may be added. Currently they include; Settler’s Green Customer service, Salvatore Michaels Framed Art Super Store, Zebs general store and Badger Realty in both North Conway and Jackson villages.

This year, our calendars are being sold to benefit “Starting Point Services”. Says Bernie. “I believe this is meant to be an on-going community service project and next years contest Theme and non-profit recipient is yet to be determined”. Calendars can also be ordered on- line at http://www.mwvphotocontest.com/ , by sending your check, made out to Starting Point, Calendar for Charity c/o Badger Realty PO Box 750, North Conway, NH 03860 or by calling Bernie at Badger 356-5757 x 310.

Starting Point provides much needed services for local victims of Domestic and Sexual Violence within the Mt Washington Valley. “In 2007, Starting Point staff and volunteers served 574 primary and secondary victims” said Suzette Indelicato, executive director of this non-profit organization. “We are dedicated to ensuring quality services are provided to help present and prevent future relationship violence.” Starting Point Services are available 24 hrs a day, 365 days a year by calling 603-356-7993 or 1-800-336-3795.

Is it the right time to Buy

2008-11-25T09:30:00.004-05:00

In a recent article by Elizabeth Weintrub, from Homes.com:

In parts of the country hardest hit by 2007 - 2008 foreclosures such as California, Michigan and Florida, prices will continue to soften. In scattered markets, the bottom will already have been reached by April but media won't report it until late summer, after a trend has been established.
There will be no more dramatic price drops such as those 30% to 50% declines we saw between 2006 and 2008. But the market will not stabilize in 2009. Furthermore, consumer confidence will continue to fall, and more people will find themselves out of work. On the bright side, employed home buyers with good credit will find 2009 is an excellent time to buy.

Here in the Mt. Washington Valley and western Maine, we have typically been insulated from the market slumps that we are experiencing all over the country. One of the reasons for this is that when the market was extremely strong and prices inflated, we typically did not see the huge increases as other locations.

We have been very fortunate not to have the amount of foreclosures that other markets have seen. Currently in our area, there are no more than 10 bank owned properties listed for sale!

If you would like to learn more about how you can purchase a home, contact a Badger Broker! Ask about the $7500 credit! Call Badger Realty today at 603-356-5757! or email info@BadgerRealty.com

Buying a Home in a Down Market

2008-10-28T09:48:00.002-04:00

Everybody wants to know how to best time the market when buying a home. It's just natural. Especially if you're thinking about buying in a down market where homes prices are declining. You wonder how low they will go and whether you should wait, right?

To read more of what By Elizabeth Weintraub, About.com has to say:

http://homebuying.about.com/od/buyingahome/qt/Waittobuy.htm?nl=1

Contact: The Team of Badger Realty, LLC, PO Box 750, 2633 White Mountain Highway, and Jackson Village, NH; 603-356-5757; Info@BadgerRealty.com; www.BadgerRealty.com

Existing Home Sales UP by 5.5%

2008-10-25T09:35:00.002-04:00

According to the National Association of Realtors, the sales of existing homes rose by 5.5 percent from August to September to a seasonally adjusted annual rate of 5.18 million units — far better than the flat results analysts had expected. Prices, however, continue to fall, with the median sales price dropping to $191,600, which is down by 9% from a year ago. Since the 1990's, in five year increments, the average appreciation in property was roughly 25% appreciation in each five year increments. From 2000-2006, the appreciation in home values rose to a unbelievable 89% across the country. This is the major reason the values of homes have dropped so dramatically. Historically when you look at a gain for every 5 years at 25-30% and then see 89%--something is not right. Over the next few years, we are going to continue to see a correction in the marketplace. With building costs still very high, we believe that existing homes will continue to grow in the next year. Sure the prices will be adjusted--most likely we will see a 10% drop in if we follow the national statistics put out by the National Association of Realtors.
With interest rates very competitive and the value of homes also very competitive, it is a great time for you to look at real estate as a great investment for your future.

Real Estate investment has continued and in our opinion, will continue to out perform the stock market in the years ahead. And equally if not more important--it provides many the happiness of homeownership.

Fore more information on real estate offerings, visit http://www.badgerrealty.com/; or contact the Team at Badger Realty, 2633 White Mountain Highway, North Conway, NH 03860; 603-356-5757; info@badgerrealty.com

Home Buyers Tax Credit

2008-10-24T14:18:00.004-04:00

With all of the negative news media relating to the mortgage industry, the team here at Badger Realty remain optimistic that the real estate market in the Mt. Washington Valley will come out of these trying times. People move to the White Mountains and western Maine for the "quality of life" that is here in the Valley. And we feel with the continued interest in our area, it is a matter of time before the mortgage industry lightens up a bit to provide mortgages to qualified individuals.

The good news we continue to get word from lending institutions in our area that are valued business associates and we would like you to know they have offered their services to you! Call any one of these mortgage brokers to find out more information about their many mortgage services--and about the $7500 Home Buyers Tax Credit! Here is a partial list of mortgage brokers and lending institutions that we highly recommend:
Simons and Leoni Home Loans - Hannah Sullivan and Doug Leoni 603-356-5959
Northway Bank - Kathy Sanderson and John Szewczyk- 603 356-8000
MetLife Home Loans - Ed Harrigan and Wendy Olson - 603-447-6670

Any of these mortgage officers can provide you with all the information you need to allow you to make a decision about your financial needs as they pertain to either purchasing a primary, secondary or investment property as well as re-financing a property that you currently own. If we here at Badger Realty can assist in any way of setting up an appointment with any of these people, let us know. To find out more about the tax credit, I have provided a link for you:

www.nhhfa.org/hb_docs/homebuyertaxcredit.pdf

The Team at Badger Realty in North Conway and Jackson, New Hampshire. Serving western Maine and the White Mountains of New Hampshire. 603-356-5757. http://www.badgerrealty.com/.

Is It Better To Buy a Short Sale or Wait for the Foreclosure to Happen?

2008-10-07T08:11:00.001-04:00

In an article written by Elizabeth Weintraub, About.com

Waiting for an answer on a short sale can be frustrating. A short sale happens when a seller's lender agrees to accept less than its unpaid mortgage balance to facilitate a sale between the seller and buyer, and banks take a long time to decide. To read the complete article:
http://homebuying.about.com/od/shortsale/a/91608_SS-REO.htm?nl=1
For more information on how Badger Realty can help you with REO/foreclosures in the Mt. Washington Valley and western Maine, contact Badger Realty, PO Box 750, North Conway, NH 03860; 603-356-5757; info@badgerrealty.com

How to Do a Short Sale!

2008-09-23T09:12:00.002-04:00

I continue to read articles about the present financial condition and how it relates to the Real Estate Industry here in the Mount Washington Valley area and western Maine. The articles are very well written but more importantly helpful! Rather than re-write the article in our own words, I think it best that we leave it to the professionals who have done all the research in order to provide the best scenerios available in helping you, the consumer! According to Elizabeth Weintraub, About.com, there are specific steps in working with your lending institution in today's market, in order to help get your property sold!

A short sale in real estate is not always a pleasant transaction.
There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One of those options is called a "short sale."

http://homebuying.about.com/od/4closureshortsales/a/shortsalebasics.htm

For additonal information on how we can help, call Badger Realty, LLC, PO Box 750, North Conway, NH 03860; 603-356-5757; info@BadgerRealty.com

Interest Rates Dropping?

2008-09-09T08:35:00.002-04:00

The team here at Badger Realty are always looking at the real estate and mortgage industry, locally(and nationally) or order to better serve our customers and clients. In a recent conversation with Scott Simons of Simons and Leoni Home Loans, from North Conway, New Hamsphire, there is a real possibility that the mortgage rates will be dropping soon!

Is your rate over 6.5%? Stay alert! We may see first mortgage rates make a sudden and dramatic drop. (Refi any one?) It appears the federal government has positioned itself to reclaim, the now privatized and ailing mortgage backed security giants, Fannie Mae, (Federal National Mortgage Association), and Freddie-Mac, (Federal Home Loan Mortgage Corporation Act). So what does this mean for mortgage rates? At present it is an unknown but the financial news networks are a buzzing that Wall Street's renewed confidence in mortgage backed securities may bring the investors back to the market and at lower margins, (and better rates for you). Analysts are predicting rates could fall a half a percent or more which could put the 30 year fixed at about 5.625% and the 15 year fixed as low as 4.875%. (This is only a prediction at this point - not current rates.) Currently, the going interest rate for first mortgages is margined about 2.5% over the 10 year treasury bond's yield. (Gov't Bond Yield + Investor Risk/Profit Margin = Market Rate.) Traditionally this margin is only about 1.75% over the 10 year's yield. The higher margins have been to set attract more investors, (capital to loan). So restored investor confidence may equal a great opportunity if your current rate is over 6.5% or you'd like to consider a 15 year amortization. (As a general rule a refinance may be beneficial if your rate will drop by 1% or more - AND - you intend to keep the property for at least three or more years.)
If you still have a strong equity position in your primary home, and think a refinance might benefit you, you may want to call your local mortgage lender! They can help you pre-determine at what rate and terms you would benefit and if you still have the needed equity and qualifications to move forward. For more information on how you might be able to save on your monthly mortgage payment, call your local mortgage lender or the team at Simons and Leoni Home Loans, North Conway, NH 03860 at 603-356-5959 or email HannahSullivan@SLHomeLoans.com or Badger Realty, 603-356-5757; info@BadgerRealty.com, serving your real estate needs in the Mt. Washington Valley of New Hampshire and Western Maine!

Short Sales / Foreclosures

2008-09-09T08:16:00.000-04:00

In an article by Elizabeth Weintraub, About.com Guide to Home Buying / Selling
Sellers who stop making mortgage payments -- and those headed into default who cannot refinance or work out financing alternatives with their lender -- have three options for sale: sell the property before foreclosure is final, give a deed-in-lieu of foreclosure to the bank or let the bank take the property in foreclosure. Buyers and investors often try to negotiate with the bank on short sales before the home foreclosure is complete, especially if the home is worth less than the outstanding mortgage balance.

For more information on how we can help you, call Badger Realty, in the heart of North Conway and Jackson Village, New Hampshire, and serving the Mt. Washington Valley and Western Maine for all your real estate needs. 603-356-5757; email - info@BadgerRealty.com; PO

Box 750, North Conway, NH 03860

Labor Day comedy night dinner show at the 302 Smokehouse

2008-08-27T21:02:00.002-04:00

FRYEBURG, Maine — We all love to laugh and comedy diva, Stephanie Peters knows how to get the job done. Peters won the Marshall’s “Women in Comedy” award crowning her one of the top new female comics in the country. She’s performed at such venues as The Berklee Performance Center, the Orpheum, the Wang, and starred in the Newport Comedy Festival. She’s shared the stage with such comedy greats as Lenny Clarke, Stephen Wright, and Jay Mohr and now she comes to our playground to entertain us. Peters headlines a comedy night dinner show at the 302 Smokehouse and Tavern on Main Street in Fryeburg, Maine on Labor Day Monday, Sept. 1. Peters, along with her opening act, Thomas Mitchell, will provide laughter well into the night.

Bob Wentworth, owner of the 302 Smokehouse, felt that creating a special evening for a special cause was the perfect way to end the summer season. Wentworth heard about a group of Fryeburg residents that had recently created a new Foundation for diabetes
and he wanted to help, so the proceeds from the comedy night dinner show will benefit this newly founded Miranda Leavitt Diabetes Foundation. The Miranda Leavitt Foundation has three valuable missions, all of equal importance:

1) To raise money and feed the Miranda Leavitt Fund which has recently been established at the White Mountain Community Health Center in Conway and is now available to low income people who have been diagnosed with diabetes;

2) To enable a higher level of community education about diabetes, and

3) To honor and continue the dream of Miranda Leavitt through acts of kindness - one person at a time. Miranda Leavitt, daughter of Rich and Brenda Leavitt of Fryeburg, was diagnosed with type 1 diabetes at the age of 13. She lost her battle with this horrible disease at the early age of 22 on February 17, 2007. Diabetes is not an easy disease to manage and Miranda often talked of her desire to educate and help others understand the preventive and stabilizing measures that can be taken. She especially wanted her community to be clear on the differences between Diabetes 1 and Diabetes 2 and how to deal with both.

Tickets to the Comedy Night Dinner Show are $30 per person and are on sale at the 302 Smokehouse or call (207) 935-3021 to reserve tickets with a credit card. Don’t delay because seating is limited to only 60 and these tickets will go quickly. Seating and dinner starts at 7 p.m. and the show starts at 8:30 p.m.

To sponsor a fund-raiser, volunteer or make a donation to the Miranda Leavitt Foundation call Donna Woodward at (207) 935-3959 or mail your offerings to The Miranda Leavitt Foundation 13 West Fryeburg Rd, Fryeburg, Maine 04037.

Housing Market Deception

2008-08-19T15:52:00.004-04:00

I just read an article that sums up what we as a real estate agency has been attempting to convey to our prospective buyers for the last 6 months. In this article Jerry Rouleau of Building Systems, writes the following:

"Now is the best time to build or buy a home. Stop listening to the media and everyone else. Are they giving you the complete picture and telling you all the facts?Secrets that the media is not telling you• Have you read any articles that say that the population is decreasing and the demand for housing will go down?• Have you seen articles that say that owning a home is no longer the dream of American consumers?• Have you read articles on how 94 to 96% of the population is still gainfully employed?• Have your read articles that say if you a job, have down payment money and a good credit score, that you can still get a mortgage?If you answered “no” to the above statements and feel that the population is still growing and owning a home is still a goal of most people, just think of the pent-up demand for housing that is just around the corner! What will happen when the market turns around, will prices start to climb?"

http://www.buildingsystems.com/profiles/blog/show?id=2140347%3ABlogPost%3A1001

For more information about real estate in New Hampshire and Maine, contact Badger Realty, PO Box 750, North Conway, NH 03860 603-356-5757; http://www.badgerrealty.com/; email - Info@BadgerRealty.com

Building a Log Home requires "Goal Setting"

2008-08-19T11:59:00.003-04:00

Building a Log Home requires "Setting Goals"Unless you set goals for yourself, it is very difficult to achieve them. And one of the most important areas of goal setting is to make a list. I have been taught that the key to goal-setting contains the following. It must be written, challenging, believable, specific, and measurable and have a specific deadline. This supplies especially when planning one of the most important things-homeownership! And more importantly, when thinking about building a log home, your goals need to be carefully written and planed out. You must gain focus and keep momentum. Not knowing how far along in the process each one of my readers are at, I may be redundant to some but to others provide the information needed in order prioritize and help set some of your goals.
· Know your budget - Even before you look at floor plans, log home vendors, contractors, etc. find out how much you can afford. How much do you want to spend? I suggest that you find out what you can afford by getting qualified with a Lending Institution. We have Correspondent Lenders that we can recommend to you. Visit http://www.simonsleoni.com/ website and you can find out directly how the prequalification process works. Once you have completed that step you can move onto the next.
· Purchase Land (if you don't own already). The land you purchase will determine the home you will build!
· Pick a Plan that not only fits the land you wish to build on but fits your budget as well. A log home dealer can help you with estimating costs of different plans, etc. but you also have to inform them of your lifestyle so they can try to incorporate your plan within it
· Make your decision on a Log Home Supplier. It is always wise to get estimates in different floor plans that will fit within your budget. Be careful here. You have to not only like the design, the log profile you are choosing, but one of the most critical things is to trust and have confidence in the person (people) you are dealing with. And you must compare apples to apples. Make sure that you compare the prices carefully and that the packages are the same, comparing what is included, etc.
· Choose your builder - Once you have decided on the land, your budget, your plan, and your supplier, it is best to ask your Log Home Vendor if they can recommend a builder in your area that is familiar with all the rules and regulations as well as log home building. Many log home companies can recommend builders to you.
· Know the build codes in your area. A builder typically knows the building codes in your area, however, for those homeowners choose to construct your own home, it is wise to go to your town/city planner to know and understand the permitting process as well as the building codes.
· Order your log home package. This is the fun and exciting part! At Golden Eagle Log Homes, we will sit down with you and do the "One Stop Shopping". Golden Eagle is the most comprehensive, complete log home on the market. Right down to the door knobs!
And when you are ready to start that floor plan or if you are ready to build call or e-mail us here at Golden Eagle Log Homes. Please share your building experience with us on our Blog -http://www.loghomesoftoday.blogspot.com/ or visit http://www.goldeneagleloghomes.com/.

For more information, contact: Leonard Magliocca at Log Homes of Today - 603-356-0057 or leonard@loghomesoftoday.com.

2008-08-11T14:17:00.002-04:00

To coin the phrase "When EF Hutton Speaks, everybody listens"-- or "A Picture is Worth a Thousand Words"! When we receive praise from our clients such as what is written below, it speaks for itself. For this reason, I am proud to share with you "What People are Saying about David Cianciolo--of Badger Realty"!

So where do you want to live in Mt Washington Valley? The message was received by Doug and MaryEllen Holmes--Conway, New Hampshire homeowners. Read what they have to say!

"We moved to the valley 7 years ago to open a Bed & Breakfast, The Lavender Flower Inn in Center Conway. We were right on East Main St and it was a great location for a B&B, but when we closed the inn we were hoping for a more secluded location. So this year after living in the old inn as a private residence for 3 years we put it on the market with David C from Badger Realty.
The property sold quickly and we were on the hunt for a new property, again with David’s help. We ended up in West Ossipee in an Aviation Community called Soaring Heights. Believe it or not, the community has an airstrip that is shared with another Aviation Community, Windsock Village. We have a 4000′ grass runway that residents and guests can use. I have neighbors with planes, although a plane is not in my 5 year plan, I would like to take lessons if any of them are up for it. The planes use the roadways to get to the runway, so you have to yield to them if they are on the streets. In actuality, the planes are not that many and it is much quieter than trucks that had gone by my old property.
As of this time we are still settling in and trying the restaurants in the area to see what they are like. I’ll post more on them later as I get to try them out and make comparisons. We still come to North Conway for eating out at places like Bangkok Cafe and Flatbread Company."

For more information, contact, David Cianciolo at Badger Realty, LLC, PO Box 750, North Conway, NH 03860; 603-356-5757; David@BadgerRealty.com

Buying When Home Prices Fall

2008-07-24T16:37:00.000-04:00

If you are a buyer, that's fabulous news! You're in the driver's seat. You call the shots. When you say "jump," sellers ask "how high?" Sellers bow down before you and strew rose petals under your feet. You can make out like a champ if you negotiate like a chess wizard, and here are strategies to help you capitalize on a softened market:

http://homebuying.about.com/od/buyingahome/qt/BuyFallingMkt.htm?nl=1

Photo Contest - There's No Place Like Home

2008-07-19T10:34:00.007-04:00

Dig through your old photos or get out your camera and get snapping ! Introducing a MWValley & Western Maine-wide photo contest themed “There’s No Place Like Home.” Long time Valley resident and Real Estate professional of 25 years, Bernadette Friberg of Badger Realty is hosting this contest in the spirit of promoting community connections. Donna Woodward of Business Enhancements who helped to initiate this event said “Bernie has always enjoyed promoting her love for the area. It seemed fitting to combine her career, hobbies and passions into this Valley-wide annual event.” Bernie also enjoys cross promoting affiliate professionals who share a similar spirit of cooperation. Her list of contest sponsors and prizes demonstrates this combined effort. Currently these 15 sponsors are offering over $500 of contest prizes for the 3 categories of judging:

Student, Amateur and Pro/Semi-Pro. 1st Prize in each category includes $100 CASH and 100 postcards printed for each of the winners by Hannaford’s Printing. There is also three $50 CASH prizes, a $50 gift certificate to Stone Mt. Arts Center, a $50 dining gift certificate to a Valley favorite restaurant, $50 basket of Scrapbooking supplies, a $50 US savings bond and more. To review a complete list of Prizes and Sponsors as updated throughout the contest check out the website http://www.mwvphotocontest.com/. There is NO cost and NO limit to the photos submitted in this 3 month long photo contest which will end on October 15th, 2008 . Judging to take place by a selected committee of sponsors with winning phototgraphs available for public viewing on-line. Plans are also being made to create a 2009 calendar of the winning photos with proceeds to benefit “Starting Point , a local non-profit organization. All Photos can be submitted electronically to Bernie@mwvphotocontest.com or mailed or dropped off. Contest rules and details are available on-line at http://www.mwvphotocontest.com/ or by contacting Bernie at Badger Realty 2633 Main St. North Conway NH. 603-356-5757 x 310. ”. Be part of a community effort and make making a difference FUN! Get Excited , Get Artistic & Get Snapping !

New Listing in Bartlett, NH

2008-07-14T09:21:00.005-04:00

20 Acre Private Estate - Located up a long driveway, high on a ridge looking Southerly over the Saco River, Crawford Notch and Attitash Ski Area sits this quality built 4 bedroom home. Surrounded by views, cleared land and the river, the home boasts spacious decks, porches, mstr suite, game room, massive stone fireplace 2 car garage. Extraordinary.

For more information, contact Kevin J. Killourie, Badger Realty, LLC, PO Box 750, North Conway, NH 03860 603-356-5757; or cell 603-986-5551; email - Kevin@BadgerRealty.com.

view video link:
http://link.brightcove.com/services/player/bcpid1659825210

Why Bad News Can Be Good for Mortgages

2008-07-14T09:19:00.001-04:00

There's actually a pretty simple explanation for this seemingly strange phenomenon. To help explain why, YOU Magazine turned to Sue Woodard, president of publishing and content for Mortgage Success Source, and a nationally-recognized speaker and teacher in the mortgage industry.
But, like Sue says, you need first to understand a couple of important financial concepts:
1) Big money managers, in search of higher returns, avoid holding onto cash by investing in both stocks and bonds, and
2) Mortgage rates are based on the performance of mortgage-backed securities, a type of bond. (See Your Mortgage February 2008 for a full explanation.) This means that whenever the economy is on fire and there are good economic reports along with positive economic news, investors tend to put more money into stocks, which are more risky but generally offer higher returns. To do this, however, investors must remove some of their money from less-risky bonds. This decreased demand in bonds causes bond prices to worsen, which causes home loan rates to increase. Inversely, when the economy is sluggish and economic reports and news are negative, money managers tend to remove money from higher-risk stocks and put it into less-risky bonds. As demand for bonds increases, bond pricing improves and home loan rates decrease.If you'd like to learn more about what really moves mortgage interest rates, check out "Does the Fed Change Your Monthly Mortgage Payment?" and "How to Secure a Mortgage in Today's Market" and then contact the professional who supplied you with this copy of YOU Magazine.

Buying Distressed Homes: Foreclosures, Short Sales, REOs

2008-07-03T11:02:00.001-04:00

In an recent article published by Elizabeth Weintraub, Foreclosures, short sales and REOs remind me of, "Lions and tigers and bears, oh, my!" The latter are dangerous animals but different from each other -- just as foreclosures and short sales and real-estate-owned (REOs) are distressed sales but different from each other.

To read more: http://homebuying.about.com/od/4closureshortsales/qt/04074clshslreo.htm

For months mortgage rates have shot up while the Fed has slashed interest rates. What's going to happen now?

2008-06-26T13:21:00.004-04:00

I came across an article that was written on CNN that I really found interesting and informative. With the slowdown of our economy, the Feds are continuing to find ways to stimulate the economy. The real estate market is the best way of doing so. I would like to share this article with you so you can gain a little more information as to what this means to you--a potential homebuyer! Despite our slowing economy, real estate does continue to be an excellent investment, and I hope you will agree after reading.

"NEW YORK (CNNMoney.com) -- If you have a mortgage, carry credit cards and are considering a home equity loan to cope with soaring food and energy prices, you should be paying attention to what the Fed has to say. On Wednesday, the Federal Reserve held a key short-term interest rate steady, following a series of steady rates cuts - a move that signals to some that rates are about to change direction. And most assume that means consumer lending rates will rise as well.

For more on this article: http://money.cnn.com/2008/06/25/pf/fed_rates/index.htm?cnn=yes

If you have any questions or comments, please call me at 603-356-5757 or my cell 603-986-5956. Email - Ed@BadgerRealty.com

2008-06-25T15:30:00.004-04:00

While I was out today inspecting the new cross country ski trails that are being built this summer for the Jackson Ski Touring Foundation near the Eagle Mountain House in Jackson, he stopped to take this photo to remind all of us why we live here. Whether you live in Jackson, Bartlett, North Conway, Madison, or even in the Western Maine area, views like this are available for your enjoyment. For those of you who want to just sit and sip a cup of coffee and soak up the beauty, you can and for the active person, you can hike, swim, canoe or kayak, horseback ride, bike living here is like a vacation. For more information on how I can make your dream a reality, here in the Valley, call me at 603-986-5551. --Kevin J. Killourie

Before You Buy a Home - Look at Eight Reasons to Buy a Home

2008-06-23T16:05:00.009-04:00

In a recent article written by Elizabeth Weintraub,(Your Guide to Home Buying/ Selling), there are several great points that are worth sharing to Home Buyers.

If you're like most first-time home buyers, you've probably listened to friends', family's and coworkers' advice, many of whom are encouraging you to buy a home. However, you may still wonder if buying a home is the right thing to do. Relax. Having reservations is normal. The more you know about why you should buy a home, the less scary the entire process will appear to you. Here are eight good reasons why you should buy a home. Click link to read more!
http://homebuying.about.com/od/buyingahome/bb/buyhome.htm

Badger Realty Selected as a Member of Leading Real Estate Companies of the World®

2008-06-23T15:50:00.003-04:00

Badger Realty joins Leading Real Estate Companies of the World, a global network comprised of nearly 700 of the best-known local and regional real estate firms, with 5,000 offices and 145,000 sales associates in the US and 35 other countries. Collectively, these firms sell 1.3 million homes annually in the US valued over $400 billion, which is more than any national brand or franchise.

Leading Real Estate Companies of the World is the country’s largest network of residential real estate firms, and network affiliates are widely recognized as the premier providers of quality residential real estate and relocation services. Leading Real Estate Companies of the World also excels in the upper-end market, with $70 billion in sales of homes valued over $1 million.

As an affiliate of Leading Real Estate Companies of the World, Badger Realty can assist individuals purchasing or selling property in virtually any community in the US or abroad with services including real estate assistance, comprehensive destination orientation programs, household goods move management, and more.

Photo above: Wendy Holmes, Relocation Specialist.
For more information, log onto our website and view Relocation Services at www.badgerrealty.com.

REALTOR Honor Society has two new members

2008-06-23T13:31:00.002-04:00

At a recent meeting of the White Mountain Board of REALTORS, Brenda Leavitt (managing Broker) and Maureen Garrette (sales associate) were both awarded the honor of becoming a member of the New Hampshire Association of REALTORS® Honor Society. They join Lisa Brouillette, a first year member of the Honor Society, and Linda Walker and Bernadette Friberg who are life-time members. All are employed by Badger Realty.

The Honor Society in successful operation since 1980, making this year the Silver Anniversary. It is overseen by an Honor Society Working Group of Board Vice Presidents as appointed by the NHAR President and chaired by the NHAR President-Elect.

The primary purpose of the New Hampshire REALTORS® Honor Society is to encourage board participation among members in order that they might be better educated, active members to serve their customers/clients and in return bring credit to themselves and the real estate industry. The program was designed for both the newer REALTOR® as well as those who have held NHAR membership for a number of years – it is intended to recognize those members who are actively participating in REALTOR® functions!

2008 Entrepreneur of the Year

2008-06-20T13:49:00.003-04:00

Dick Badger, of Badger Realty was recently honored at the Business-to-Business Expo at the Mt. Washington Hotel. Criteria for the award included: Having a business in existence for more than 7 years, history of building and maintaining an ethical, value bassed business, and supportive of the community initiatives and non-profits endeavors. Playing an active role in community life has always been important to Dick, he has been heavily involved in Valley activites and is also a staunch supporter of the Arts. Dick's knowledge and experience in the real estate market ins the backbone to the success that Badger Realty has achieved in the past 43 years. His dedication to the company and his employees is admirable beyond compare. He truly is one of a kind!

Congratulations to Dick Badger and many thanks for all his contributions to the Mount Washington Valley and western Maine!

Sale of New England Inn, Intervale, New Hampshire

2008-06-19T12:50:00.006-04:00

Badger Realty LLC, announces the sale of the New England Inn and Tuckerman’s Restaurant and Tavern to the Merrill Family from Southern Maine. Shown here are Lance Merrill, David Cianciolo of Badger Realty, Jessica Merrill, Dianne Merrill, Larry Merrill, Todd Neil who remains a key member to the management team, and Dick Badger of Badger Realty.
The Hooper Family successfully operated this Lodging and Restaurant business, located on Route 16A in Intervale, for the past 13 years and on April 1, handed the keys over to the Merrill Family. Since 1995 the Hooper Family has maintained high standards of quality food and beverage service along with offering a variety of guest accommodations ranging from charming and traditional inn rooms to very high style private units with Jacuzzi tubs and gas log fireplaces. Many upgrades, additions, expansions, and innovative ideas in the full service operation were instituted during their ownership which has led to an excellent reputation to both visiting guests and local trade alike.
Having had their eye on The New England Inn for over a year’s time, the new owners are immensely excited to finally be here! The Merrill’s look forward to continuing the quality and service standards set in place by the Hooper Family and hope to take the Inn and restaurant to new heights, starting with a major renovation to the dining room.
The property is now under new ownership and introduces the Merrill family, hailing from Southern Maine. Larry Merrill is joined by his wife Dianne, and Lance Merrill, Larry’s son, is joined by his wife Jessica and two young children Madeleine and Avery. The Merrill Family brings a multitude of talents to the Inn and restaurant. Larry previously owned a contracting business with his oldest son. Dianne will be ending her 27 year career in dentistry to join the business. Together Larry and Dianne have executed several renovation projects and have owned and maintained multiple rental properties. Lance has over 15 years of restaurant experience and employs a mix of family oriented and corporate management styles that will help him excel as CEO. Jessica will offer her experience in marketing/advertising, book keeping, and technology; rounding out what the family feels is the perfect mix to maintain and improve the integrity and success of the Inn and restaurant. The Merrill’s also recognize the dedication and excellence of the existing staff and are forever grateful to have such a fabulous group of people already in place.
In only a short time the Merrill’s have begun to learn the loyalties of the local community and thank them for the warm welcome they continue to give. They will maintain a business that will keep its patrons coming back, and invite any feedback and ideas. It is you, the guests, that have made The New England Inn and Tuckerman’s the fabulous place it is today. The Merrill’s add “If it’s not broken, we won’t fix it. But rest assured, if it is broken… it will be fixed. Contact us at the New England Inn, 603-356-5541, or find us on the web at http://www.newenglandinn.com/. We look forward to hearing from you.”

How to Stage your Home for Buyers

2008-06-19T12:10:00.003-04:00

According to Elizabeth Weintrub of Homes.com, When you show your home, you want to engage the buyer emotionally because the decision to buy is based more on emotions, and less on logic. Give the buyer permission to say, "Yes, I want to buy this home," by staging, accentuating your home's positive attributes, and do not draw any attention to the negative aspects.
Besides, there will be plenty of time after the deal is signed to talk about the drawbacks. http://homebuying.about.com/od/sellingahouse/qt/ShowingHome.htm