The Power of Community in Short-Term Rental Ownership

Short-term rental ownership can be a rewarding but challenging business. As an owner, you're not just managing a property; you're creating an experience for guests, handling bookings, solving problems, and ensuring your rental stands out in a crowded market. It's a journey filled with unique challenges, from navigating local regulations to managing guest expectations. That's why finding a community of help is more than just beneficial—it's essential.

Shared Knowledge is Power

The collective wisdom of experienced rental owners is an invaluable resource. In a community, you can learn the ropes from those who have already faced the challenges you're encountering. From practical advice on dealing with difficult guests to recommendations for trustworthy cleaning services, the shared knowledge within a community is a power you can harness to avoid common pitfalls and streamline your operations.

As part of our commitment to supporting short-term rental owners, we've curated a list of Facebook groups where you can find camaraderie, advice, and support. These groups are filled with active members who are eager to share their experiences and help you succeed in your rental endeavors. Here are some great groups to join:

North Conway & MWV Info Sharing

MWV Association for Responsible Rentals

North Conway MWV Vacation Rental Owners

White Mountains NH Vacation Home Rentals

Here's a detailed summary of the 2023 real estate statistics for towns around the Mount Washington Valley, with some added commentary:

North Conway (03860) - Single Family Homes

• Total Sales: 45, a robust number indicating a healthy market.  That figure is down from 54 sales in 2022.
• Price Range: $250,000 to $2,495,000. This wide range suggests a diverse market catering to various buyer segments, from affordable to luxury homes.
• Average Selling Price: $591,129, reflecting the area's growing appeal.
• Median Selling Price: $461,050, slightly lower than the average, indicating that more homes sold at the lower price spectrum.
• Cash Sales: 22 out of 45 (48.9%). The high rate of cash purchases could indicate strong investor interest or a competitive market where buyers use cash to stand out.

North Conway (03860) - Condos

• Total Sales: 43, showing a slightly less active market compared to single-family homes but still significant.  That is also down from 58 sales in 2022.
• Price Range: $258,000 to $1,432,161, offering a range of choices for different budgets.
• Average Selling Price: $637,278, surprisingly higher than single-family homes, due to newer or more luxurious condo developments at Cranmore.
• Median Selling Price: $550,000, aligning closely with the average, suggesting a consistent market segment.
• Cash Sales: 19 out of 43 (44.2%), highlighting a strong cash buyer presence, similar to the single-family home market.

Bartlett - Single Family Homes

• Total Sales: 65, indicating a very active market.  There were 74 sales in 2022.
• Price Range: $110,000 to $1,825,000, showcasing one of the most varied ranges in the region.
• Average Selling Price: $683,308, which is high, possibly driven by some premium property sales.
• Median Selling Price: $612,000, supporting the idea of a higher-priced market segment.
• Cash Sales: 27 out of 65 (41.5%), significant but slightly lower than in North Conway, suggesting diverse buying patterns.

Bartlett - Condos

• Total Sales: 84, the highest among all categories, signaling a booming condo market.  That is up from 72 sales in 2022.
• Price Range: $185,000 to $1,900,000, again showing a wide range appealing to a broad spectrum of buyers.
• Average Selling Price: $456,587, more accessible compared to single-family homes, attracting a different buyer demographic.
• Median Selling Price: $410,000, indicating a strong mid-range market.
• Cash Sales: 34 out of 84 (40.5%), consistent with the overall trend of substantial cash transactions in the area.

Jackson - Single Family Homes

• Total Sales: 14, a smaller number, suggesting either limited inventory or a more exclusive market.  Jackson had 20 sales in 2022.
• Price Range: $520,000 to $1,625,000, skewed towards higher-end properties.
• Average Selling Price: $834,178, the highest average among the towns, indicating a premium market.
• Median Selling Price: $742,500, closely following the average, reinforcing the luxury market trend.
• Cash Sales: 6 out of 14 (42.9%), possibly reflecting the buying power of those targeting this exclusive area.

Jackson - Condos

• Total Sales: 11, the least active market, which could be due to limited offerings.  It is in range with 2022’s 9 sales.
• Price Range: $460,000 to $930,000, more compact but still offering a range of options.
• Average Selling Price: $600,727, aligning more with the high-end market.
• Median Selling Price: $575,000, consistent with the average, showing less variability in condo prices.
• Cash Sales: 4 out of 11 (36.4%), the lowest percentage, but still notable.

In summary, the 2023 real estate market in the Mount Washington Valley showed strong activity with a clear inclination towards higher-end properties, especially in single-family homes. The significant proportion of cash purchases across all sectors suggests a strong investor presence and a competitive buying environment. Condos in Bartlett emerged as a particularly active segment, indicating a growing interest in this type of property.

Cranmore Mountain: More Than Just a Ski Resort

Nestled in the heart of the White Mountains, Cranmore Mountain has been a hotspot for skiers for ages. But how did it all start? Let's take a trip down memory lane.

The Early Days: 1930s Onward

Believe it or not, Cranmore's story begins way back in the 1930s. In 1937, a guy named Harvey Dow Gibson, who was a local hero and a big shot banker in New York City, decided his hometown of North Conway needed a ski resort. So, he bought up a bunch of land and started developing Cranmore Mountain.

One of the first major attractions at Cranmore was the Skimobile, a unique lift system invented by George Morton. Picture this: a series of cars going up the mountain on a wooden track. It was super innovative for its time and became a huge hit. This quirky lift was in operation right up until 1989!

World War II and Beyond

The 1940s were a big deal for Cranmore. The mountain played a role in World War II when it was used for training by the 10th Mountain Division, a specialized skiing and mountaineering unit of the U.S. Army. After the war, Cranmore continued to grow. It started attracting some big names in skiing, like Hannes Schneider, a famous Austrian ski instructor who fled the Nazis. Schneider brought European ski techniques to Cranmore, putting it on the map as a top ski destination.

Modernizing the Slopes

Fast forward to the latter part of the 20th century. Cranmore kept up with the times, constantly upgrading its facilities. The Skimobile was eventually replaced with more modern ski lifts. The resort expanded its trails and snowmaking capabilities, ensuring a better and longer ski season.

Cranmore Today

Today, Cranmore Mountain is a state-of-the-art ski resort. It's not just about skiing and snowboarding anymore. The resort offers a variety of winter activities like tubing and a mountain coaster. And when the snow melts, it transforms into a summer adventure park with zip lines and an aerial adventure park.

More Than Just Skiing

But Cranmore isn't just about the adrenaline rush. It's deeply woven into the community fabric of North Conway. The resort hosts numerous events throughout the year, from charity races to music festivals, making it a year-round hub for both locals and tourists.

The Future

What's next for Cranmore? Well, the resort seems to be focused on sustainable growth and staying tuned to the needs of modern skiers and vacationers. With ongoing investments in their facilities and a strong commitment to the environment, Cranmore looks set to remain a key player in New Hampshire's ski industry.

So, there you have it, a brief history of Cranmore Mountain. It's more than just slopes and ski lifts; it's a place with a rich past and an exciting future. Next time you're shredding down those trails or enjoying a summer zip line, remember you're part of a long and storied tradition. Happy skiing (or zip-lining)!

If you're looking for cross country ski areas around North Conway and Jackson, NH, you're in luck. The region boasts over 400 km of trails within a 30-minute radius, offering a diverse range of experiences for skiers of all skill levels. These trails are groomed for both classical and skate skiing, and many areas also provide equipment rentals and ski lessons. Additionally, some trails are open to activities like fat tire biking and are dog-friendly.

Here are some notable ski areas:

1. Great Glen Trails Nordic Center: Located in Pinkham Notch, about 20 minutes from North Conway, this center offers 45 kilometers of Nordic skiing and snowshoeing. It's a family-friendly destination with additional activities like snow tubing.

2. Purity Spring XC & Snowshoe Reserve: Situated in East Madison, this area features 20 km of trails that wind through forests and around Purity Lake.

3. Mt. Washington Valley Ski Touring & Snowshoe Center: This center in Intervale, NH, provides 45KM of groomed trails connecting North Conway Village and Intervale. The trails offer great views and a variety of trailside lodging.

4. White Mountain Nordic Group: They offer access to over 400 Km of trails at six different Nordic Centers in the White Mountains, all within 30 minutes of North Conway. They provide a comprehensive range of services including lessons and rentals.

5. Bear Notch Ski Touring Center: Located in Bartlett, this center has over 65 km of trails with a mix of tracked and skate groomed options, and access to local lodging and restaurants.

6. Bretton Woods: This area features 100 km of trails, offering a mix of groomed and backcountry skiing, as well as facilities for skijoring and fat biking.

7. Jackson Ski Touring Foundation: Located in Jackson, NH, this foundation boasts 105 km of trails, including 40 km dedicated to snowshoeing, and offers services like cross country lessons and equipment rentals.

Each of these areas has its unique charm and facilities, catering to a wide range of preferences. Whether you're looking for a family-friendly outing or a more adventurous skiing experience, these ski areas around North Conway and Jackson have something to offer.

For more detailed information, you can check out the websites of North Conway NH, White Mountain Nordic, and Mt. Washington Valley Ski Touring and Snowshoe Foundation.

If you're looking for some great dining options in North Conway, NH, you've got a fantastic variety to choose from. Here are some popular spots:

1. Delaney’s Hole in the Wall: Known for its cozy tavern setting and a menu featuring American classics like New England clam chowder and shrimp po’ boys, plus a fresh sushi menu. It's a great spot for casual dining or catching a sports game.
   https://www.delaneys.com/

2. Fiesta Jalisco: This place is a go-to for authentic Mexican cuisine and premium beers from Mexico. They're known for their festive environment and are great for group outings or family celebrations. Their Nachos Supremos and quesadilla Jalisco are highly recommended.
   https://www.fiestajalisconh.com/

3. Ledges Restaurant at the White Mountain Hotel: Perfect for fine dining with scenic views of the White Mountains. They specialize in New England cuisine, particularly seafood, like lobster mac n’ cheese.
   https://www.whitemountainhotel.com/dining/ledges-restaurant

4. Flatbread Company: An excellent choice for health-conscious diners, offering dishes made from sustainable, organic ingredients. They are known for their delicious pizzas cooked in traditional clay ovens.
   https://flatbreadcompany.com/locations/north-conway-nh/ - ONE OF OUR FAVORITES!!!

5. Muddy Moose Restaurant & Pub: This American restaurant has a fun wooden cabin theme and offers a casual ambiance, ideal for a family outing. Their menu includes a variety of dishes like ribs, nachos, and the classic Muddy Moose Burger.
   https://muddymoose.com/

6. Thai Nakornping Restaurant: For those who enjoy Thai cuisine, this place offers dishes like pad thai and drunken noodles. It’s a casual spot with fast service, making it family-friendly.
   https://www.thainakornping.com/ - ONE OF OUR FAVORITES!!!

7. Vito Marcello’s Italian Bistro: This restaurant offers a more upscale dining experience with delicious Italian food and a robust wine list. It's perfect for a nice night out with family or a romantic dinner.
   https://www.vitofoods.com/

8. Moat Mountain Smokehouse & Brewing Co.: If you’re in the mood for BBQ and a casual night out, this is the place. They offer a range of options including chicken wings, potstickers, smokehouse nachos, and classic barbecue burgers.
   https://www.moatmountain.com/

9. May Kelly’s Cottage Restaurant and Pub: An Irish-style restaurant and pub with a cozy atmosphere, offering dishes like hearty burgers and authentic Irish fare.
   https://www.maykellys.com/

10. Wicked Fresh Craft Burgers: Known for their handcrafted burgers cooked to order using fresh, locally sourced ingredients. They also have a cupcakery for those with a sweet tooth.
    https://www.wickedfreshburgers.com/ - ONE OF OUR FAVORITES!!!

11. China Chef In North Conway - Great Chinese food and friendly people.  Takeout only - ONE OF OUR FAVORITES!!!
    https://chinachefconway.com/

12. Shalimar of India - Delicious Indian food!  Owned and operated by very nice people who will take great care of you! ONE OF OUR FAVORITES!!!
    https://www.shalimarofindianh.com/

These are just a few of the many great dining options in North Conway. Each restaurant has its unique charm and specialties, making them worth a visit whether you're a local or just passing through!

Conway Scenic Railroad: A Journey Through Time

Set against the stunning backdrop of the White Mountains, the Conway Scenic Railroad is more than a train ride – it's a trip back in time. So, how did this iconic railroad come to be? Let's chug along the timeline.

The Beginnings: The Age of Steam

The story of the Conway Scenic Railroad starts in the late 19th century. The railroads were expanding rapidly across the United States, and New Hampshire was no exception. The Portsmouth, Great Falls & Conway Railroad reached North Conway in 1872. It was a time when steam locomotives were king, and the railroad was the lifeline for towns in the region.

These early trains played a crucial role in the development of the White Mountains as a tourist destination. They brought in visitors from all over, eager to experience the natural beauty of the area. The railroad also supported local industries like logging and granite quarrying.

Transition and Decline

Fast forward to the mid-20th century. The advent of automobiles and improved road networks began to overshadow rail travel. Passenger service on the Conway line was discontinued in the 1960s, mirroring a nationwide decline in railroad travel.

A New Chapter: The Birth of the Conway Scenic Railroad

Just when it seemed like the tracks would fall silent, something remarkable happened. In 1974, a group of rail enthusiasts, led by Dwight Smith, decided to revive the rail line as a tourist attraction. They purchased the North Conway station and some track, and the Conway Scenic Railroad was born.

Preservation and Restoration

What sets the Conway Scenic Railroad apart is its dedication to preserving railroad history. The beautifully restored North Conway station, a Victorian-era masterpiece, serves as a portal to the past. The railroad operates both steam and diesel locomotives, and its collection of historic passenger cars adds to the charm and authenticity of the experience.

The Experience Today

Now, the Conway Scenic Railroad offers several excursions that cater to all sorts of train buffs. Whether it's a leisurely valley trip to Conway, a more extended excursion to Bartlett, or the majestic journey through Crawford Notch, each ride offers breathtaking views and a glimpse into history.

More Than a Train Ride

The Conway Scenic Railroad is a vital part of the North Conway community. It's not just a tourist attraction but an educational resource that offers a hands-on experience of a bygone era. It plays a significant role in local events and celebrations, keeping the rich heritage of the region alive.

Looking Ahead

As we look to the future, the Conway Scenic Railroad continues to evolve, adding new experiences and maintaining its commitment to preserving history. It stands as a testament to the enduring appeal of rail travel and the importance of preserving our past.

So, there you have it – the story of the Conway Scenic Railroad. It's more than just a train ride; it's a journey through the history and heart of the White Mountains. Next time you hear the whistle blow and the wheels chug along those historic tracks, you'll be riding a piece of living history.

As 2024 begins, do a quick check on some of the basic items in your vacation rental.

Here are some key points to check:

1. Smoke and Carbon Monoxide Detectors: Ensure they're functional and batteries are fresh.  
2. Fire Extinguishers: Accessible and up-to-date fire extinguishers in key areas.  **Buried deep in a kitchen cabinet doesn't count!
3. First Aid Kit: Stocked with essentials and easily accessible.
4. Emergency Exits: Clearly marked and unobstructed.  Here is some additional information on egress requirements in NH.
5. Security Features: Check locks on doors and windows.  Also, make sure exterior lighting is working.
6. Safe Electrical Wiring: Inspect for exposed wires or overloaded sockets.
7. Child Safety: If applicable, provide safety gates, outlet covers, and secure furniture.
8. Pool/Area Safety: If there's a pool, ensure it has proper fencing and safety equipment.
9. Local Emergency Information: Provide guests with local emergency contacts and hospital locations.  Make sure the home address is also listed in the property & clearly visible on the exterior.
10. Maintenance Check: Regularly inspect for any hazards like loose railings or slippery surfaces.

Here are a couple pictures of the Life Safety Self Inspection Checklist from the town of Conway.

Property Revaluation and Tax Shifts in North Conway: A Closer Look

The recent property revaluation in North Conway has led to a significant shift in the tax burden, particularly affecting residential and commercial property owners differently. The revaluation process, mandated by state law to be revenue-neutral, unexpectedly resulted in increased taxes for many homeowners, while some commercial properties saw a decrease in their tax bills.

- Impact on Residential Properties: Residential property values have surged, with some experiencing a threefold increase, significantly outpacing the rise in commercial property values, which only saw about a 30% increase. This imbalance in valuation growth has shifted the tax burden more heavily onto homeowners.

- Specific Examples: The average assessed value of mobile homes jumped from $45,500 in 2022 to approximately $125,000 in 2023. One homeowner saw their tax bill nearly triple, while another, a local business owner, experienced a 65% decrease in their office property tax bill despite a 25% increase in property value.

- Community Reaction: The shift has sparked concerns and protests from residents. Shawn Bergeron of Bergeron Technical Services expressed dismay at the increased taxation on homeowners, warning of long-term impacts on the community's demographic. Local farmer Justin Hussey voiced concerns about the sustainability of these tax increases, fearing it could lead to the end of dairy farming in the area.

- Tax Rate Changes: The new base tax rate was set at $10.18 per $1,000 of property value, a significant decrease from the 2022 rate of $17.08. However, due to the sharp rise in assessed property values, many homeowners found their actual tax bills higher.

This revaluation and resulting tax shift have stirred a significant dialogue in the community about the implications for both the residential and commercial sectors, highlighting the complexities of property taxation and its impact on the local economy and community fabric.

 

There must be some snow in the forecast.....  When it comes, here is a quick summary of the downhill ski mountains around North Conway!

• Attitash Mountain Resort: Located in Bartlett, NH, Attitash is known for its family-friendly atmosphere and offers a variety of terrain for all skill levels. It features two connected mountains, Attitash and Bear Peak, providing a diverse range of trails and glades. The resort is also popular for its après-ski scene with live music and events.
• Cranmore Mountain Resort: Situated right in North Conway, Cranmore is a convenient and versatile ski destination. It's particularly well-suited for families and beginners, offering a wide range of lessons and programs. In addition to its ski and snowboard trails, Cranmore is also known for its tubing park and mountain coaster.
• Black Mountain: Located in Jackson, NH, Black Mountain is one of the oldest ski areas in New Hampshire. It's revered for its classic New England ski experience, with a mix of natural and groomed trails suitable for all abilities. Black Mountain is particularly popular with families and those who appreciate a more laid-back, traditional skiing atmosphere.
• Wildcat Mountain: This ski area, in Pinkham Notch, is known for having some of the most challenging terrain in the White Mountains, making it a favorite for advanced skiers and snowboarders. Wildcat offers breathtaking views of Mount Washington and is praised for its long ski season, often stretching from early November to late April.
• Bretton Woods: Located in Bretton Woods, NH, this is the largest ski area in New Hampshire, offering a vast array of trails and glades. Bretton Woods is renowned for its well-groomed runs, high-speed lifts, and family-friendly environment. The resort also features a top-rated Nordic center for cross-country skiing and snowshoeing.
• King Pine at Purity Spring Resort: Located in Madison, NH, King Pine is known for its family-friendly atmosphere and is especially well-suited for beginner and intermediate skiers and snowboarders. The resort is part of the Purity Spring Resort, offering a more intimate and relaxed skiing experience. King Pine features well-groomed trails, a tubing park, and a variety of winter activities including ice skating and cross-country skiing. Its smaller size and fewer crowds make it an excellent choice for families or those just learning to ski or snowboard.

Each of these ski areas offers a unique experience, from challenging terrain and panoramic mountain views to family-friendly atmospheres and historic charm. They collectively make the North Conway area a premier destination for winter sports enthusiasts.

The Conway Daily Sun recently posted the Top 10 Stories of 2023.  Here is a summary of the stories chosen by the Sun.  What do you think?  Anything else that should have made the list?

1. Paid Parking Debate: In early 2023, Conway selectmen shelved the controversial paid parking proposal in North Conway Village after significant community backlash and logistical concerns.

2. Property Revaluation and Tax Shifts: A revaluation led to increased taxes for many homeowners and decreased taxes for some commercial properties, causing community unrest due to the significant shift in tax burden.

3. Casino Proposal Controversy: Developers filed a lawsuit against the town after facing challenges in turning a space in the former Shur-fine Plaza into a charitable gaming casino.

4. Extreme Weather Patterns: 2023 experienced unusual weather, including a wet summer affecting foliage and apple crops, and significant precipitation leading to flooding and altered snowfall patterns.

5. Rental Inspection Ordinance: Following a Supreme Court ruling, Conway selectmen faced resistance while implementing a new program for licensing and inspecting all rental properties.

6. School Closure and Realignment: Discussions on closing one of Conway's elementary schools and moving sixth grade to Kennett Middle School intensified due to declining enrollment and budget cuts.

7. Market Basket Opens: After delays and anticipation, Market Basket finally opened in October at Settlers Green, bringing a new grocery option to the area.

8. Kennett High’s 100th Anniversary: Kennett High School celebrated its 100th anniversary with a range of events, including a large parade and various festivities, highlighting strong community spirit.

9. Transitions and Retirements in SAU 9: Several key educational and administrative figures in SAU 9, including the Superintendent, announced retirements or transitions, marking a significant change in local leadership.

10. Sign Ordinance Disputes: Legal battles emerged over Conway's sign ordinance, particularly involving Leavitt’s Country Bakery and Settlers Green, leading to ongoing court cases and community debate.

North Conway homeowners! Thinking about putting your home on the market? Before you get too excited, let's chat about some common slip-ups folks tend to make. Trust me; you'll want to sidestep these to ensure a smooth sale. And hey, there's a bonus tip at the end – hint: it involves contacting North Conway Realty sooner rather than later.

1. Neglecting Curb Appeal:
   Picture this: a potential buyer drives by, sees your place, and thinks, "Eh, not interested." Why? Curb appeal. North Conway's got that scenic charm, so don't skimp on sprucing up the exterior. A bit of landscaping and a fresh coat of paint can do wonders.  When listing your property, North Conway Realty has people ready to tackle some of these projects for you.

2. Ignoring Necessary Repairs:
   Leaky faucet? Peeling paint? Hold up before listing! Ignoring necessary fixes might cost you in the long run. Get a pre-listing inspection, tackle those repairs, and make sure your home is in tip-top shape. Trust me, buyers notice the little things.  As a new bonus, North Conway Realty is now offering a complimentary pre-listing inspection!  Don't get caught off guard in the middle of your sale.

3. Incorrectly Pricing the Property:
   Let's talk dollars and cents. Overpricing scares folks away, while underpricing means you're leaving money on the table. Do your homework, maybe chat with a local real estate pro, and find the the price that gets buyers excited to see your property.

4. Inadequate Home Staging:
   Ever walk into a cluttered room and feel overwhelmed? Buyers do too. Clear out the unnecessary stuff, depersonalize a bit, and give your home some breathing room. Proper staging can make all the difference in showcasing what makes your place special.

5. Not Contacting North Conway Realty Early Enough:
   And here's the grand finale – not picking up the phone and calling North Conway Realty early in the game. Let 20 years of real estate experience work for you. You will get personalized advice, local insights, and a smoother selling experience. It's like having a secret weapon for your home-selling journey.

In a nutshell, steer clear of these blunders, and you'll be well on your way to a successful home sale in North Conway. Remember, it's not just about selling a house; it's about selling the North Conway lifestyle. So, grab your to-do list, give North Conway Realty a ring, and let's get that 'For Sale' sign up with confidence!

Here are some real estate metrics! Whether you're a buyer or a seller, understanding these numbers can give you a powerful advantage in the market. 

First up, we have the Months Supply of Inventory, which currently stands at 3.69. This metric represents the number of months it would take to sell all the homes on the market, assuming no new listings come in. A lower number suggests a seller's market, where demand exceeds supply, causing prices to potentially rise. In our case, 3.69 months indicates a fairly balanced market, where both buyers and sellers have room to maneuver.

Now, let's take a look at the 12-Month Change in Months of Inventory, which has seen a whopping increase of 64.73%. This significant jump indicates that the market has become more favorable for buyers over the past year. With more inventory available, buyers have more options to choose from, potentially leading to increased negotiation power and lower prices.

Moving on, we have the Median Days Homes are On the Market, which currently stands at just 8 days. This metric represents the average number of days it takes for a home to be sold. A lower number here suggests a fast-paced market, with homes flying off the shelves in no time. In our case, 8 days indicates a high demand for properties, making it crucial for buyers to act swiftly if they find a home they love.

Now, let's talk about the List to Sold Price Percentage, which currently sits at an impressive 99.7%. This percentage represents the ratio between the original listing price and the final sold price of a property. A higher percentage suggests that homes are selling very close to their initial asking prices, indicating a strong market and potentially limited room for negotiation. With a 99.7% List to Sold Price Percentage, sellers can feel confident that their homes are fetching top dollar.

Finally, we have the Median Sold Price, which currently stands at $560,000. This metric represents the middle point of all the sold prices in a given area. For sellers, a higher median sold price is great news, indicating that they have the potential to fetch a higher price for their own property. On the other hand, buyers should be prepared for competitive pricing and potentially need to adjust their budgets accordingly.

Now that we've explored these real estate metrics, it's clear that the market is in a unique state. With a balanced supply and demand, buyers have more options than before. The increase in inventory over the past year gives buyers a chance to find their dream home without feeling rushed. However, the low Median Days Homes are On the Market indicates that the competition is fierce, and buyers need to act quickly.

Sellers, you're in luck as well! With the List to Sold Price Percentage at an impressive 99.7%, you can feel confident that you have a strong chance of selling your property near your desired price. And with the Median Sold Price sitting at $560,000, it's clear that the market is favoring sellers, potentially allowing you to make a tidy profit.

So, whether you're a buyer or a seller, these real estate metrics provide valuable insight into the market's current state. Stay informed, be proactive, and remember to adapt your strategies accordingly. Happy buying and selling!

In a heartwarming celebration attended by nearly 100 people, the MWV (Mount Washington Valley) Trails Association's North Conway Rec Path was officially inaugurated at the northern end of the 2.9-mile paved recreational route. The event saw the gathering of individuals who had dedicated their efforts to bringing this project to life, including the visionary behind it, 90-year-old retired SAU 9 psychologist Steve Swenson. Swenson, who originally conceived the idea over two decades ago, expressed his joy at seeing the project come to fruition, highlighting the teamwork and dedication of everyone involved.

The project, with a total cost of $3.6 million, received funding from various sources, including the New Hampshire Community Development Tax Authority ($240,000), the Connie Davis Watson Foundation ($300,000), the Ham Foundation ($300,000), the Gibson/Woodbury Charitable Foundation ($200,000), The Berry Companies River Run ($100,000), and thousands of dollars from businesses, individuals, and fundraising events such as the "Rock the Rec" concerts and Mountain Meisters' "pay-to-run" fundraisers, held at Cranmore Mountain.

Speakers at the ceremony included capital campaign co-chairs Ted and Sharon Wroblewski, who praised the project's significance. Conway Selectman John Colbath represented board chair Mary Carey Seavey and the board, expressing his support for this community-enhancing endeavor. Ben Wilcox, president and general manager of Cranmore Mountain Resort, highlighted how the Rec Path opens up opportunities for people of all abilities and called Cranmore Mountain Resort "Conway's park."

Furthermore, the Rec Path has three access points: Cranmore, Thompson Road, and Hemlock Lane, making it easily accessible for the community. The path is not only a testament to the community's shared values but also a beautiful and safe space for people to enjoy exercise and scenic beauty. The event showcased how a dedicated community can come together to create a healthy and vibrant space for everyone to enjoy the outdoors.

Conway Introduces Rental Inspection Program for Enhanced Safet

In a proactive move to prioritize the safety Conway, New Hampshire, has launched a comprehensive rental inspection program. The program, initiated after a unanimous 5-0 vote by the Selectmen on August 5th, encompasses both long-term and short-term rental properties, including single-family homes and duplexes. Deputy Town Manager Paul DegliAngli has underlined the urgency for property owners to secure a rental license or initiate the application process by January 1st, highlighting the town's commitment to safety.

Licensing Options

Property owners have been presented with two distinct options, available until December 31st, to meet the program's requirements:

1. **Comprehensive Inspection**: Property owners can choose to complete a detailed form and pay a fee of $375. This choice entails allowing a fire department official to conduct a thorough inspection of the rental property, guided by a 10-point life safety checklist. Successful completion of this inspection results in the issuance of a rental license, valid for an impressive three-year period. Importantly, the form must be notarized for validation.

2. **Self-Affidavit**: Alternatively, owners may opt for a "self-affidavit," affirming that their property adheres to established life safety codes. This option carries a reduced fee of $125 but comes with a shorter validity period of one year.

**First-Movers: Mary and Wayne Bolduc**

Leading the way in embracing the program's safety measures were Mary and Wayne Bolduc, proud residents of Redstone and owners of a duplex on Greenstone Street. Having owned the duplex since 2008, they chose the first option to ensure their property underwent a meticulous inspection. Mary expressed their satisfaction with the process, stating, "We're just happy to know that everything is safe." Their inspection, conducted on August 29th and lasting a mere 10-15 minutes, culminated in the issuance of their rental license on August 30th.

Rental License: Symbol of Safety

The rental license, a certificate embellished with the town seal, stands as tangible proof that the property has successfully passed a life safety inspection, meticulously conducted by local fire departments. This certification grants authorization for rental, and its validity spans an impressive three years. Upon expiration, the license necessitates renewal through re-inspection.

Program Progress and Future Prospects

Nicholas DeVito, the Conway Zoning Officer, expressed his satisfaction with the program's progress, stating that the new life safety inspections program has been instrumental in ensuring the safety and well-being of the community. He emphasized the program's growth potential and commitment to further enhancing its effectiveness in the future. DeVito also outlined the inspection process for upcoming assessments, which will involve an inspector from one of the fire precincts and himself.

Safety Criteria

The life safety inspection criteria encompass a range of essential elements, including ensuring that the address number is visible from the street, hard-wired smoke alarms, carbon monoxide alarms, sufficient egress, annual servicing of central heating systems, chimneys and wood stoves compliant with codes, an up-to-code electrical system, an adequate number of fire extinguishers, code-compliant fire pits, and safe grill placement. A detailed checklist is available for reference.

Differing Opinions

It's worth noting that not everyone in the community is entirely aligned with the program. The Mt. Washington Valley Association for Responsible Rentals has voiced concerns, with its president, David Cavanaugh, raising questions about the legality of licensing single-family homes and the physical inspection of such properties.

Program Uptake

As of now, the town has issued a total of three licenses and three affidavits under the program, according to Administrative Assistant Valerie Kollander.

First License Granted

The Bolducs, who received their inaugural license via mail, plan to safeguard it in a filing cabinet. They take pride in being the first to have their rental property inspected and licensed, aptly summarized by Wayne, who remarked, "Pretty cool to be No. 1, wouldn’t you say?"