Submitted by CuriosAHA t3_119w7m4 in vermont

Hi all,

I've recently relocated to the upper valley, currently renting, would like to buy a house but am only finding single family homes on the NH side. Is this a constant, or something that might unwind in the Spring and Summer? My gf and I would rather live in VT but feels like the housing market is currently a headwind. Thanks in advance for any insight!

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woburnite t1_j9od2j7 wrote

What's your price range? How far are you willing to go distance wise?

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ExpressionFamiliar98 t1_j9odeu3 wrote

If the prices aren’t scaring you, then keep looking in the target towns. Something will come up. If cost is a factor, look to the one hour commute range from the UV core. Be willing to commute to get the house you want… and be prepared to fix it up.

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Various-Chipmunk-165 t1_j9ofxoi wrote

Moved here 2.5 years ago (mid-pandemic, pre-vaccine) rented for about the first two years and bought last year— it’s been slim pickings since we moved here. Purely anecdotal, just from my observations, but it seems like the prices are getting better, but the supply is abysmal.

But as another commenter pointed out, hard to give any more insight without a budget or an idea of towns you’re looking at.

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BostonUH t1_j9og79q wrote

Inventory is very low - people like the area for the same reason you do and generally don’t move. I read that Norwich has 1,500 houses total, and I imagine surrounding towns are similar. So there just straight up aren’t many houses, and significantly less actually go on the market. Keep looking and be prepared that you likely won’t find something that checks all of your boxes. Good luck

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Excellent_Affect4658 t1_j9ojme6 wrote

It’ll probably get somewhat better after March, but it’s pretty much always slimmer pickings on the VT side, and it’s been pretty limited everywhere for a couple years now.

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Nanotude t1_j9oordq wrote

Real estate is very seasonal. There will be many more listings after the mud. Nobody wants to list their home during the time it's most difficult to get around.

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maine_soxfan t1_j9p7zlv wrote

The inventory is low. You'll find something in that price range, but you'll need to be quick. I'd suggest signing up with an agent. They'll often get word of new listings coming early.

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Excellent_Affect4658 t1_j9pcyge wrote

Yeah, that sounds totally feasible, so long as you’re patient and ready to go once something comes available, and either not too picky or willing to buy something that’s almost what you want and then make some small changes.

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oneisgoodtwoisbetter t1_j9qodcf wrote

Hey there Upper Valley neighbor! You might also consider posting to r/uppervalley as well. All the best to you in your search!

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Detritus_AMCW t1_j9qtqhi wrote

Norwich is especially competitive as the feed into the Hanover, NH school district, which is one of the highest rated in the state. The area is loaded with million dollar plus homes, and even the teachers' average salary is 97k annually.

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MizLucinda t1_j9r6fln wrote

Do you have kids? Are schools an issue?

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