THE MAN WHO SOLD HOT DOGS

As we look to the future of Real Estate and the different cycles we endure. . we must be cognizant of the fact that what goes up must come down.
What we really need to be watchful for are those agents in our offices who always see the glass half empty and not half full.

Many years ago my father had a sheet of paper under the glass top of his desk . . .and everyone that came into his office sat down on the otherside of his desk and they would always read it.When he passed away I kept the story.

Now, I would like to share it with you because it has stayed with me ever since.

THE MAN WHO SOLD HOT DOGS

THERE WAS A MAN WHO LIVED BY THE SIDE OF THE ROAD AND SOLD HOT DOGS.

HE WAS HARD OF HEARING SO HE HAD NO RADIO.

HE HAD TROUBLE WITH HIS EYES SO HE READ NO NEWSPAPERS.

BUT HE SOLD GOOD HOT DOGS.

HE PUT UP SIGNS ON THE HIGHWAY TELLING HOW GOOD THEY WERE.

HE STOOD ON THE SIDE OF THE ROAD AND CRIED; “BUY A HOT DOG, MISTER?

AND PEOPLE BOUGHT.

HE INCREASED HIS MEAT AND BUN ORDERS.

HE BOUGHT A BIGGER STOVE TO TAKE CARE OF HIS TRADE.

HE FINALLY GOT HIS SON HOME FROM COLLEGE TO HELP HIM OUT.

BUT THEN SOMETHING HAPPENED.

HIS SON SAID, “FATHER, HAVEN’T YOU BEEN LISTENING TO THE RADIO?

HAVEN’T YOU BEEN READING THE NEWSPAPERS?

THERE’S A BIG DEPRESSION.

THE EUROPEAN SITUATION IS TERRIBLE.

THE DOMESTIC SITUATION IS WORSE.”

WHERE UPON THE FATHER THOUGHT, “WELL, MY SON’S BEEN TO COLLEGE, HE READS THE PAPERS AND HE LISTENS TO THE RADIO, AND HE OUGHT TO KNOW.”

SO THE FATHER CUT DOWN ON HIS MEAT AND BUN ORDERS, TOOK DOWN HIS ADVERTISING SIGNS, AND NO LONGER BOTHERED TO STAND OUT ON THE HIGHWAY TO SELL HIS HOT DOGS.

AND HIS HOT DOG SALES FELL ALMOST OVERNIGHT.

“YOU’RE RIGHT, SON” THE FATHER SAID TO THE BOY.

“WE CERTINAILY ARE IN THE MIDDLE OF A GREAT DEPRESSION.”

WHEN YOU THINK ABOUT IT …….THIS STORY SPEAKS VOLUMES
This was part of my acceptance speach on Sept. 30, 2003 at the New Hampshire Association of REALTORS annual convention.

Danville New Hampshire Market Sales Update

Danville is a small town located just east of Hampstead and boasts a great area for commuting to the Seacost and points north and south. When you drive through Danville make sure you don’t blink as you’ll drive right through the center without seeing it.

For more information about Danville please read Monika’s blog.

All statistics below are from January 1 thru November 26,2006 for Residential listing only.

All figures are taken from the Northern New England Real Estate Network MLS

Residential Listings	Active 41	Pending 2	Closed 33	% of List to Closed
Average Sales Price	$349,542	$289,900	$321,082	98%
Days on Market	100	130	105
Median Price	$332,400	$289,900	$338,000	99%
Median Days on Market	73	130	84

Salem New Hampshires Year to Date Sales Activity

Salem NH is the just over the Massachusetts border off of exit 1 on Interstate 93.

Here is the sales data from January 1st thru November 26th 2006.

These stats are taken from the Northern New England Real Estate Network MLS

Residential Listings	Active 187	Pending 20	Closed 192	% of List Price to Closed
Average Sales Price	$430,858	$384,483	$363,002	97%
Average Days on Market	136	141	128
Median Price	$369,000	$374,088	$329,450	95%
Median Days on Market	104	132	102

Condo Listings	Active 42	Pending 8	Closed 82	% of List to Closed
Average Sales Price	$201,593	$151,988	$199,904	98%
Days on Market	221	188	146
Median Price	$195,900	$129,900	$192,050	96%
Median Days on Market	148	228	133

Windham New Hampshire’s Sales Update

This update is for activity from January 1, 2006 thru Novmber 25, 2006.

There are currently 164 Active Residential homes for sale.

Average list price of $ 616,297. and currently they are on the market for 187 days.

There are 21 Pending sales that average $ 432,400 and have been on the market 138 days.

There have been 151 Sold listings with an average list price of $ 543,789 and an averaqe sold price of $ 534,758 and 191 days on the market.

There are 43 Active Condos on the market averaging $ 351,680 with 161 days on the market.

There are 7 Condos that have Pending sales and are averaging 167 days on the market.

There have been 31 Condo sales with an average list price of $ 357,482 and a closed sales price of $ 361,898 with a 155 days on the market . The list price to sales price is higher mainly due to new construction.
There seems to be a large inventory of single family homes on the market at this time with about 6 months worth of inventory.

The Condo market looks like there is about 5 months worth of inventory.

Windham NH profile

Plaistow New Hampshire Real Estate Sales in Review

Plaistow NH lies just over the Massachusetts border on route 125 off of Interstate 495.

The below statistics are pulled from the NNEREN MLS database and are from 1/1/06 until 11/25/06.
Currently there are 39 active residential listings on the market with an average price of
$ 338,121 with 100 days on the market.

There are 8 pending sales with an average list price of $ 296,666 and 196 days on the market.

There were actually 42 homes that Sold with an average list price of $358,212 and an average selling price of $ 343,180 with 140 days on the market.
What this analysis tells me is that the current sales prices are less than the solds sold for and the average pending sales are less than the current average sales prices which in conclusion tells me sales are declining.

This report does not include Condominiums and or mobile homes or raw land.

Atkinson, New Hampshire Town Sales Statistics

Here is the town of Atkinson, NH’s 11 month sales history.

Active listings on the market at this time are 43 Single Family Homes

Price Range is $ 209,900 to $ 1,300,000

Active listings on the market at this time are 25 Condominiums

Price Range is $ 219,900 to $ 499,900

There are 5 Pending Residential sales that are priced from $ 349,900 to $ 649,900.

There are 2 Pending Condominiums sales that are priced from $ 249,000 and $ 289,900.

There are 5 Active Land listings priced from $ 154,900 to $ 299,000 ranging from .3 Acres to 7acres of Industrial zoned land.

Interestingly enough there are no land Pending sales at this time.

Only one piece of land 1.95 Acres sold for $ 184,000 on October 24th and it was originally listed for $224,000. It was on the market for 13 days and took 76 days to close.

All the statistics here are based on the NNEREN MLS database.

Next Page »