Strengthen your Investment Strategy in New Hampshire

Beautiful vistas and historic sites aren't the only reasons to head to New Hampshire! Real estate is a solid investment. Approximately 5,231 homes are currently available and selling for a median price of $261,700. There are also 329 rental properties available with an average monthly rent of $1,577. And of course, you can build a new construction project on one of the 1,242 available lots.

There is much to see and do in the state of New Hampshire. From historic sites and attractions to outdoor activities and recreation, there is something for everyone to enjoy. Some of the more popular areas include Mount Washington and its breathtaking views, and North Conway which becomes a tourist attraction in the winter. Enjoy a variety of activities including the famous Conway Scenic Railroad. Many areas of New Hampshire perk up in the winter for Christmas traveling, skiing, lodging, unique shopping, and more. While winter can be when New Hampshire thrives, remember its New England location provides many summer activities such as Hampton Beach. If you are looking to invest in rental properties keep in mind that there can be many areas offering annual profitability. However, the numbers may come with peaks and valleys due to summer and winter seasonality.

New Hampshire's economy is driven by a mix of industries, including manufacturing, agriculture, tourism, and technology. The state is home to a number of major companies, including BAE Systems, Saint-Gobain, and Portsmouth Naval Shipyard. New Hampshire's top employers also include healthcare and education institutions, such as Dartmouth-Hitchcock Medical Center and the University of New Hampshire. Together, these businesses and organizations provide thousands of jobs for New Hampshire residents. In addition to being a major source of employment, they also contribute to the state's economy through their tax revenue and spending. As a result, they play an important role in supporting New Hampshire's economic growth. Because New Hampshire lacks in hosting a large city center driving population through many level of employment, you may find your real estate investment strategy revolving around house flipping, property rental, or small business location needs.

You can see why so many people make New Hampshire their home. Age demographics show that 13% of residents are between the ages of 25 and 34, 17.1% are between 35 and 44, and 35.8% are over 44 years old.

LSM can help you break ground on real estate properties in New Hampshire or grow your investments. Apply today!