Investing In Real Estate

In 1750, Bedford, New Hampshire was founded is a suburb of and is located across the Merrimack river from Manchester which is the largest city in the state. The 2009 estimated population is 20,900 people which was and increase of roughly 12% from the 2000 census. So far real estate has not declined anywhere near the national or regional amount over the past five years. On average Bedford real estate has declined only about 5-10% of it's 2005 levels.

Conveniently located, the town is near many highways and downtown malls and shopping centers. It is a forty minute drive to the beach, only an hour to the lakes region, and takes roughly 90 minutes to get to the popular White Mountain region. The real estate market is mostly made up of 3 styles of homes: colonial, contemporary, and ranch styles. It is no surprise that the colonial style is most common as Bedford is in New England and the community is identified as a village.

Bedford New Hampshire is a very republican town. Many of it's townspeople are predominant local business owners and politicians, as we as a few national celebrities. The towns surrounding it include: Amherst, Goffstown, Manchester, Merrimack, & New Boston.

The town is made up of about 33 square miles almost all of which is land. There are a few small bodies of water, the largest of which is Sebbins Pond. The Merrimack Rivers runs down the east side of the town and separates it from Manchester.

The real estate market has been robust and is expected to be one of the first towns to see a recovery of home values. Most home owners have been able to sell their homes in a little over two months of having them on the market which is well below the state's average of 120 days. The median sales prices is about $360,000 in Bedford over the last year.