Tag Archives: Real Estate

Lorraine Seibel Joins Coldwell Banker Wright Realty

Lorraine Seibel Joins Coldwell Banker Wright Realty

CONWAY, NH— Lorraine Seibel has recently joined Coldwell Banker Wright Realty. Antonella Bliss, Lindsey Maihos and Rose Robinson, owner/brokers of the firm, say they’re very happy to have Seibel on board. “Lorraine is an established professional with extensive experience and qualifications,” noted Lindsey Maihos. “She is a dedicated Realtor® providing exceptional services to buyers and sellers in the Mount Washington Valley.”

Seibel has been a Realtor® since 1986, and became a broker in 1996. She is active with the White Mountain Board of Realtors®, and has held many offices, including President in 2007. Lorraine Seibel has also served on the professional development committee with the New Hampshire Association of Realtors®. Seibel was also Realtor® of the year at the White Mountain Board of Realtors® in 2008.

As a qualified Accredited Buyer Representative (ABR), Seibel has worked with generations of the same families through both the buying and selling process. “It’s an honor to work with people, and provide the best service I can. I enjoy taking all the stress out of the transaction and bringing them through to a smooth closing.”

“Our business increased substantially last year,” says Rose Robinson, one of the principals of Coldwell Banker Wright Realty. “We’re definitely excited to have a broker of Lorraine’s caliber representing our clients.”

Lorraine Seibel can be reached by phone at (603) 986-9057 (cell), (603) 447-2117 ext. 301 (office), or email Lorraine@WrightRealty.com. Coldwell Banker Wright Realty is a full service real estate brokerage representing buyers and sellers in both New Hampshire and Maine for more than thirty years. The company is located at 481 White Mountain Highway (Rt 16) in Conway, NH, just north the TechVillage. For more information visit WrightRealty.com, email: Info@WrightRealty.com, or call (603) 447-2117.

First-Time Home Buyers Resource Center

COLDWELL BANKER REAL ESTATE LAUNCHES
FIRST-TIME HOME BUYERS RESOURCE CENTER

PARSIPPANY, NJ – Taking the next step to help people turn their dreams of homeownership into realities, Coldwell Banker Real Estate LLC launched a new portal on its website specifically for first-time home buyers.  The First-Time Home Buyers Resource Center includes videos, articles and tools to answer questions and guide new home buyers through the real estate search process.

According to the National Association of Realtors (NAR), first-time home buyers accounted for half of all the real estate market home sales in 2010. A recent survey by Coldwell Banker Real Estate found that 93 percent of first-time home buyers said using online tools to find detailed information about homes was important to them.

“Buying your first home is exciting but it can also be overwhelming, so we created this section for first-time homebuyers to simplify the steps toward home ownership, and make the process easier and enjoyable,” said Jim Gillespie, chief executive officer, Coldwell Banker Real Estate LLC. “I, like most, remember buying my first home and going through a process that was complex, emotional and rewarding all at the same time.  Today, first-time homebuyers recognize that if they have the financial wherewithal, now is a smart time to buy a home.  The First-Time Home Buyers Resource Center helps give them the confidence to enter the real estate market and gain valuable insight so they can best work with their agent.”

The new web portal, which will be updated regularly with timely content to help first-time home buyers, provides informative features from coldwellbanker.com, including multiple ways to search and recommendations for like properties. It also includes:

  • Video tips and advice about selecting a home, moving, renovating, and decorating
  • Informative articles on such topics as how to select a real estate agent, identifying wish list items vs. must-have items for a first home and determining how much is affordable
  • Mortgage calculator
  • Affordability radar – This feature breaks down a home’s listing price into what the monthly payment might be at current mortgage rates

The new First-Time Home Buyers Resource Center is a continuation of the Coldwell Banker Real Estate innovative online resources. Coldwellbanker.com already features BlueScape, a unique way to search for homes by emotion and feelings.  Clients select from a series of images that they like or dislike and the site returns a group of homes that might meet their needs.  The website also has a lifestyle search, which allows people to use a simple, sliding scale to rate elements of a home and community that matter most to them. In addition, Coldwell Banker Real Estate partnered with YouTube to develop Coldwell Banker On Location. This site allows consumers to gain market perspective, community highlights and home video listings from Coldwell Banker sales professionals. More than 2.5 million channel views have been recorded since its launch in May 2009.

Survey Methodology: Coldwell Banker Real Estate LLC conducted an online survey of 300 first-time home buyers in the United States (people who purchased their first home within the last year) on their experiences and perceptions of the home buying process.

“This is just one of the many reasons we’re proud to be associated with Coldwell Banker,” Antonella Bliss, a principal of Coldwell Banker Wright Realty remarked. “They’re always the first to provide the help and resources to those who most need them in this complex real estate market.”

Lindsey Maihos, another owner/broker and Coldwell Banker Wright Realty notes, “There’s a lot of information that will bring potential new homebuyers right up to speed with today’s market. An informed homebuyer can make the best decisions for their future, and we’re happy to provide every resource we can.”

“It’s a fantastic time to buy real estate,” Rose Robinson, principal of Coldwell Banker Wright Realty stated. “We’re happy to help buyers make that first home purchase with the best information possible. It’s a big step, and we want to make it count for our clients.”

Coldwell Banker Wright Realty is a full service real estate brokerage representing buyers and sellers in both New Hampshire and Maine for more than thirty years. Located at 481 White Mountain Highway (Rt 16) in Conway, NH, just after the TechVillage. For more information visit Wright Realty email: Info@WrightRealty.com, or call (603) 447-2117.

What’s happening in the regional real estate market…

With the stock market crashing around the world, banks going out of business on a weekly basis, money and the real estate market seemed to have dried up. Let’s look at the numbers instead of just listening to the hype. Here are the statistics comparing the year to date (Jan through Sept) in the Mount Washington Valley*:

Residential Properties

2007

2008

Change

# Sold

358

298

-17%

Sold Volume

$75,948,755

$56,362,151

-26%

Avg. Sold Price

$212,147

$189,135

-11%

Avg. Days on Market

149

201

35%

Despite all of these negative numbers, there is some good news. First time homebuyers can finally afford to purchase property, something that hasn’t been a possibility for the past 5 years, and buyers in all price ranges can get a really good deal. Sellers, on the other hand, will be able to make up for the loss on the selling side, when they get a fantastic price on the next home that they purchase.

If you do need to sell your home in the next 12 months, the most important thing to keep in mind is to price your home ahead of the market: the closer you are to market value, the more competitive your offers will be. If not, you will end up chasing the market down and always being a step behind. We can help you with this, as we are still doing what we have always done, and our sales volume has not dropped during this period.

Living and working in Conway NH – a series

First I’d like to start off this first of the series with how my family came to live in Conway, NH

It was January 2001 and my wife and I were searching for a Bed & Breakfast to buy.  We took a ride from Rockport, MA up to Wolfeboro, NH to look at an inn.  Well it definitely was not the one we wanted based on decor and setup and the final piece that made us not want it was when the realtor asked us to sit with the current owners to talk about the ghosts that inhabited the inn.  In February we had a ski vacation at WatervilleValley and we decided on the way home to go to Conway to look at some places.  We arranged with Antonella Bliss, formerly of RE/MAX and now principal with Coldwell Banker Wright Realty to show us some properties.  The first two properties were definitely not for us but the third was The Lavender Flower Inn that was in Center Conway.  The inn had not operated full time for about 5 years due to a death of one of the innkeepers, so we knew it needed work and the clientele needed to be built back up.

We decided on purchasing the inn and came back in March and had a home inspection on Mary Ellen’s birthday, not the best thing for a husband to arrange, but I did get out of it somewhat by spending a nice evening out at dinner and spending some time in the Up Bar at Horsefeathers on the nice large leather couch in front of the fireplace.

Things got slow in the final purchase time line and we moved in at the end of June in 2001.  I arrived a couple days earlier than my wife and daughter to rip out all the built-in beds in the owners quarters so our furniture would fit.  We ended up opening the inn the 5th of July with no reservations.  We had a great location so we did get drive in guests until we got our website up and running and the marketing going the way we wanted it.  We made some great contacts early on in the Chamber and local lodging community which helped immensely.  Patti and Ed who had owned the Saco River Motor Lodge down the street from us sent us business from their overflow and Fryeburg Fair filled us up each year.  Patti is now the General Manager of Holiday Inn Express.

The hardest part about 2001 was September 11.  My wife and I were out on the Kanc sitting on a rock having coffee as it was a slow day for guests and then came back to do some banking at Berlin City Bank (now Northway Bank).  Well Lyn from the bank told us about the plane flying into the building, but we had no idea of the tragedy until we got back and put on the TV.  This day affected the entire valley with travelers changing and cancelling their plans.

In the winter of 2001/2002 I became a ski instructor at Attitash while my wife worked the inn during the 3 weekdays I instructed.  I also became an Assistant Ice Hockey Coach for Fryeburg Academy, where my daughter attended high school, and coached Girls Junior Varsity and Varsity Hockey, something I would continue for 6 years before resigning from the Head Coach position in 2007.

More to come over the next few weeks…

Doug