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Archive for October, 2016

seasonal-effect-of-valuiesEven in years where the market seems stable, property values fluctuate over the course of the year. Historically, values increase in the spring and early summer, stabilize in summer and early fall and decrease over the winter season. This is attributed to several factors such as the “holiday season” and the harsh cold winters we experience in New Hampshire. To illustrate, I have included a graph of Hillsborough single family houses over the last three years. I have noted by highlight and red pen the bottoms of the annual market which happens usually around February or March. The “high water mark” is typically around June or July. So remember, house values DO change regularly. Keep that in mind when you are evaluating your house and making a financial decision. Don’t hesitate to reach out to us if you have questions!

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