Blog :: 03-2017

Tammy Bronejko Joins Coldwell Banker Wright Realty

Tammy Bronejko has recently joined the real estate sales team at Coldwell Banker Wright Realty. Antonella Bliss, one of three owners of the firm, says "I'm excited to have her join our team. Tammy has an extensive background with experience in business, marketing, and customer service."  Lindsey Maihos (owner) noted, "Her skills will greatly benefit buyers and sellers.”

Bronejko previously held the position of Marketing Director and then Assistant General Manager for Simon Property Group, and is now the owner/operator of “Once Again Specialty Shop” in North Conway. Tammy says "I love working and volunteering in this community, and I am thrilled to help locals and vacationers find their dream property in the Valley."

Rose Robinson, one of the principals of Coldwell Banker Wright Realty, says. "Tammy is a great addition to our team; her energy and passion is unparalleled.”

Tammy Bronejko can be reached by phone at (860) 460-9817 (cell), (603) 447-2117 ext. 317 (office), or email To learn more about Tammy, view her bio here.


  1. No comments. Be the first to comment.

Are You Ready to Buy a Home?

So you’ve finally decided to take the plunge on your dream home. But are you really ready to own it, or should you consider renting? Home ownership is often touted as a popular facet of the American Dream. But buying a home is not something you do on a whim. Rather, it’s a deliberate process that involves assessing your life to determine if buying a house is a financially sound step for you. Here are some signals that you might be ready for home ownership.

You Are Debt Free

You know you’re ready to buy a home when you are debt-free. Not only would paying a monthly mortgage seem like a herculean task, but getting a mortgage lender to finance your home could be difficult as well.

Lenders often decide to lend based on the debt-to-income ratio. The debt-to-income ratio is related to your total monthly debt to gross monthly income. The higher this number, the more difficult it is to receive financing. If a large portion of your income is going to pay off your pre-existing loans, you have to ask yourself if you can really afford to pay off another huge loan. If you are still paying off your auto loans, student loans, and credit card debts, or have a debt-to-income ratio of more than 43%, now might not be a good time to buy a house.

You Can Afford a Down Payment

A down payment is a percentage of the total price of the home that you pay up-front. The number one hurdle that potential house-buyers face is this initial investment.

How much should you put down as down payment? The standard amount is 20% of the asking price of the house. This is the ideal percentage to keep your monthly mortgage check low and manageable. A 20% or higher down payment will also allow you to refinance your future home at a lower interest rate.

Being able to afford a healthy down payment shows your lenders that you are capable of saving, and that you are serious about your investment. This payment negates the need for private mortgage insurance (PMI), which gives your lender protection in an event where the buyer stops paying their mortgage.

The 5-Year Rule

If you’re planning to stay in one place for at least 5 years, that’s a great time to buy a home. The reason is that this long-term commitment helps build equity.

Equity is the difference between the appraised value of your house and the balance left to pay as mortgage. One thing to be aware of is mortgage amortization, which is how mortgage payments are calculated: how much goes toward paying off the principal amount, and how much goes toward paying the interest.

At the beginning, more of your payment goes towards paying interest than principal balance. But after making enough payments, as you get closer to paying off the remaining balance on your loan, more money will go to pay the principal amount rather than interest. Each month, equity on the house increases. Five years is a good benchmark to develop enough equity to sell your house for a profit, which may be used to make a bigger down payment on your next house.

You Have an Emergency Fund

Life is full of curve balls, and you should be prepared for those, especially financially. Another great indication that you’re ready to purchase a home is that you have an emergency fund reserved for unexpected events like lay-offs, car repairs, renovations, emergency medical expenses, etc. It’s a good idea to build a safety net before investing in a house. A good benchmark is to have 6 months’ worth of income saved up in a savings account. This gives you a healthy blanket of financial security to handle any financial setbacks that might come your way. Emergency funds should be kept separate from your down payment.

You Can Afford the Associated Fees of Buying a Home

Buying a home requires more than just being able to afford the sticker price. There are several costs that may not be mentioned up-front that most new buyers don’t consider. Educating yourself about all these fees, which can add up to a substantial expense, will put you in a better position to tackle what many new buyers might consider as an unexpected blow to their home-buying plans.

Home inspections, closing costs (an umbrella term that includes several costs like lender fees, title fees, home appraisal, and Escrow fees, etc.), moving costs, property taxes, home insurance, higher monthly utility bills, homeowner’s association (HOA) fees, along with maintenance, furnishing, and renovation expenses are all costs that many potential home-buyers overlook. Make sure that you have enough savings stacked up to cover these expenses.

Written by Sharon Lee for Coldwell Banker Blue Matters. Click Here for the Original Post.

February 2017 Market Update

How amazing was this February? The Mount Washington Valley received a ton of snow, followed by an unusual warm up at the end of the month. How has that effected the real estate market? Let’s see!

Residential Properties:

  • The number of residential properties sold in February 2017 versus February 2016 increased 18.75% to 38.  
  • The average sold price of residential properties increased 35.8% over 2016 to $221,787. This massive increase is slightly skewed, as there was a sale in February 2017 for $2 million. If we remove that sale, the average sold price still increased 6.42% to $173,728
  • Total sales for the month of February 2017 was $8,427,940, up 61% over 2016.
  • There are currently 300 active listings on the market
  • There are 103 properties under agreement

Land Properties:

  • The number of land listings sold fell from the prior month to 9, however, it increased over the February 2016 sales number of 7
  • The average sold price increased 3.6% to $55,838
  • There are currently 331 active listings on the market
  • There are 18 land listings under agreement

Have you been thinking about listing your residential property for sale? With low inventory and high buyer demand, many sellers are experiencing their property going under agreement quickly, sometimes even with multiple offers! Click here for a FREE Market Analysis on your home!

*Data compiled from NEREN Multiple Listing Service as of March 1, 2017. Subject to errors and omissions. Towns include: Albany, Bartlett, Chatham, Conway, Eaton, Freedom, Hales Location, Jackson, Madison, Ossipee & Tamworth