Londonderry News

Has the housing market turned around? Local real estate agents say it has – or at least it’s bottoming out.

Image of a south Londonderry neighborhood near South School, ImageAbility Inc..

“If you looked at home sales on a chart, we’re somewhere near the bottom of the saucer,” said Steve Brown of RE/max First Choice Realty in Londonderry, where he focuses on properties in Derry and surrounding towns. “It’s a golden opportunity if people have the income to qualify for financing.”

Real estate agent Mark Oswald works out of the same office and focuses on homes in Londonderry. “We’re beginning to see some stabilization in town,” he observed. “Last year we were seeing prices falling at one and a half percent per month, and we’re not seeing that this year to date.”

Read the full story by Correspondent John Robinson in the Derry News story “Realtors: Housing market rebounds“