Frank Roche & Kim Cedarstrom touring the Grouse Point Club's private beaches & boat facilities http://t.co/gYEoCzkFk6
Meredith, NH—During the period 1/1/2013 to 5/3/2013 Roche Realty Group, Inc. experienced a 61% increase in total sales volume compared to the same period during 2012, according to Frank Roche, president of Roche Realty Group, with offices in Meredith and Laconia. “We are very pleased with the encouraging sales activity we have experienced this past winter and into the spring months. It certainly is a great indication that the market is improving and that many individuals are finding some great values out there in the…
Laconia, NH—A historic former hosiery mill located at the dam at 151 Elm Street in Laconia has recently been sold. The brick and clapboard, four story structure was built in 1890 and underwent extensive renovations in the year 2000. John Goodhue of Roche Realty Group in Meredith represented the buyer, Centrex Corporation of Amesbury, Massachusetts. Steve Weeks, Jr. of Weeks Commercial represented the seller in the transaction. The building included approximately 8,532 sqft. of usable space on four floors. The building included a freight elevator,…
The chance to own a waterfront vacation home may seem out of reach if you only look at the upper end of the price spectrum where the prices for Lake Winnipesaukee waterfront homes can reach the six million plus range, but there are alternatives. In fact to date this year there have only been twenty six homes sold on the big lake and the average selling price was in the mid $900,000’s. I grant you that’s a lot of money, but it is down considerably from recent…
Lake Winnipesaukee… home to over 72 square miles of immense beauty. When you ask most people about their favorite experience on the lake, they usually respond with memories of shimmering red sunsets, evening boat cruises to Meredith, or hot summer days anchored in one of the many protected coves. It is easy to see why it has become such a sought after destination. For me however, the lake has provided something beyond its natural beauty. Growing up in the lakes region, I had spent most…
The Northern Pass debate was featured in the just arrived Yankee Magazine and brought me to think that there was some fodder for an article that might take a different look or at least discover another point of view based on a question I deal with all the time- What is land worth? As real estate professionals, one of our principle jobs is to provide pricing guidelines to clients who want to sell or buy properties and land. These guidelines are used to set asking prices and…
During a recent conversation with a client who was considering purchasing a second home for a vacation spot for his family, the subject of recent market trends came up. In their professional life the client was involved in the financial industry, and dealt constantly with a world driven and controlled by data. “Numbers” was the language they spoke and understood. The client was enraptured with the ups and downs of real estate sales and market trends. “Is the market up or down? How many houses…
During 2012 we experienced a strong year for Lake Winnipesaukee waterfront sales. There were 123 waterfront mainland homes sold (excluding island sales, condos, and land). This resulted in a 30% increase over the preceding year in unit waterfront sales, and our best year since 2007. The year was much more favorable than 2011, which showed only a 9.2% increase. If you count island property sales there were 130 total sales. With island property sales included, the average sales price for all towns amounted to $1,017,367,…
Post written by Frank Roche, President, Roche Realty Group, Inc. …The Dow Jones Industrial average surged to a record high this week climbing to 14.344, past the highs seen in 2007 just prior to the onset of the financial crisis. …Europe shares hit their highest level since 2008. …Bond yields are at record lows and cash rates are almost at zero. …A strengthening economy and loose monetary policy by central banks around the globe have certainly pushed U.S. stocks much higher this year. It…