[BroadHopper]

While Ray Sanborn only list waterfront properties that he list on this website. Waterfront properties prices are still dropping. One house on the Winnisquam waterfront was listed 3 years ago at 3.1 million is now on the market for $998,000. Not to shabby for a precast concrete house.

The NH market analysis shows NH housing infrastructure will continue to decline:

1. Home ownership demand is declining. Poor economy, out-migration, difficulties obtaining finances i.e. baby boomers have lower level of equity due to market instability.

2. Supply is poorly aligned with evolving preferences. NH demographics shows an older population growth and downsizing yet housing units of three or more bedrooms far outnumber one and two bedrooms.

3. Seniors will occupy NH housing units. Senior population expect to double from 2010 to 2015.

4. Because of a decline in population, new construction will be limited. Local planning and zoning ordinances shows a strong prejudice against rental housing which will be in big demand by an aging population.

All these factors effect affordability and will continue to drop the median home price.