Monday, August 12, 2024 / by Vanessa Saunders
Where Is All the Cash Coming From? A Deep Dive into New Hampshire’s Real Estate Boom
Introduction: The Elephant in the Room
If you've been anywhere near the New Hampshire real estate market lately, you've probably noticed something strange—cash offers are popping up like dandelions in spring. But where’s all this money coming from? It seems like every other day, another property is snatched up with a fat stack of cash, leaving traditional buyers scratching their heads. As someone who’s been deeply embedded in the Lakes Region market, this sudden influx of cash has me—and a lot of others—wondering: What’s going on? Let’s dive into the nitty-gritty and figure out what’s driving this trend.
The Migration: Fleeing the City Life
Let’s start with one of the biggest drivers of cash in the market—urban migration. The pandemic has changed the way we live, work, and play. With remote work becoming the new norm, people no longer need to live close to their jobs. This freedom has unleashed a wave of city dwellers looki. ...
If you've been anywhere near the New Hampshire real estate market lately, you've probably noticed something strange—cash offers are popping up like dandelions in spring. But where’s all this money coming from? It seems like every other day, another property is snatched up with a fat stack of cash, leaving traditional buyers scratching their heads. As someone who’s been deeply embedded in the Lakes Region market, this sudden influx of cash has me—and a lot of others—wondering: What’s going on? Let’s dive into the nitty-gritty and figure out what’s driving this trend.
The Migration: Fleeing the City Life
Let’s start with one of the biggest drivers of cash in the market—urban migration. The pandemic has changed the way we live, work, and play. With remote work becoming the new norm, people no longer need to live close to their jobs. This freedom has unleashed a wave of city dwellers looki. ...