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‘Totally unsustainable’: Is Seacoast real estate cooling off? Inventory and sale prices rise

  • John Rice, a statistician for the Seacoast Board of Realtors, looks over real estate data in his Portsmouth home on Tuesday afternoon. Olivia Falcigno / Portsmouth Herald

Portsmouth Herald
Published: 7/27/2021 2:55:17 PM

A report in the Wall Street Journal recently declared that, led by an uptick in high-end residential inventory, the historic national real estate boom is seeing a slight regression.

Amid the current craze, what is the status of the Seacoast real estate frenzy? John Rice, statistician for the Seacoast Board of Realtors, read the article and then analyzed his own sales and pored over local data. He said the Seacoast real estate market at present should be likened to a kitchen stovetop.

Continue reading at Seacoast Online.

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