New Hampshire's Local Real Estate Market
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NEW HAMPSHIRE'S REAL ESTATE MARKET
- New Hampshire is ranked 5th nationally in median household income
- New Hampshire is near lowest in per capita state taxes (no state income tax)
- New Hampshire has more homebuyer types than most areas: 1. working people with new home needs, 2. out of state workers (looking for lower prices), 3. retirees (looking for a tax friendly state), 4. Second home / Seasonal home buyers
- Because of it's tax friendly structure... New Hampshire is the home to many small business owners & entrepreneurs thereby limiting it's job dependency on one large employer
Some interesting statistics:
- 2001 to 2006 the average sales volume increased at a rate of 7.6% per year
- 2001 to 2006 the average sales price increased at a rate of 7.3% per year
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