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.
It’s great location, being closely located by major highways and shopping centers. It is only 40 minutes to the ocean, 60 minutes to the lakes, and approximately an hour and a half to the mountains. Homes here mainly made up of colonial, contemporary, and ranch architecture. Naturally, the colonial style is by far the most popular as Bedford New Hampshire is located in New England and classified as a village community.
The city is predominantly republican and is inhabited by many area business owners and politicians and is often considered the power center of the state because of its inhabitants. Bedford is bordered by Manchester, Goffstown, Merrimack, Amherst, & 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.
Home owners have been successful in selling their homes is almost half the time it takes to sell the average home in NH which is 60-70 days for Bedford and almost 120 days for the state average. NH real estate is expected to keep it’value while the rest of the economy recovers and will most likely see some of the first positive gains when things improve.
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