Yes, Seacoast Real Estate is Expensive. But There's Hope.

Everyone wants to live on the Seacoast.

And who can blame longtime city dwellers, newlyweds, retirees, or recent college graduates for wanting to plant down roots here? With proximity to mountains, beaches, great food, and Boston, the Seacoast is a highly practical place to call home.

The problem is ... the demand doesn't meet the supply these days. So, as simple economics would have it, housing prices surge.

Costly Seacoast real estate, unfortunately, is costing many aspiring homeowners their dreams of owning property, leaving lots of New Hampshirites and Mainers feeling dejected, hopeless, and like they'll have to settle for a house that doesn't meet their needs and wants.

Fortunately, today's guest is here to help those who feel they're getting the short end of the real estate stick.

In today's conversation from my makeshift studio in Portsmouth, Andrew Samonas, one of the Seacoast's leading real estate experts joins me to discuss:

• The importance of choosing the right home (00:00)
• The BTS of working in real estate (03:30)
• The state of Seacoast real estate (09:51)
• How to buy an (expensive) Seacoast home (14:30)
• How the U.S. economy impacts Seacoast housing (17:20)
• Under-the-radar Seacoast towns to buy property in (23:30)
• Buyers' biggest concerns (25:35)
• Buying vs. renting (30:36)
• Hearth Market's big miss (36:13)
• Why businesses struggle surviving in Portsmouth (43:00)
• What's your mission? (52:10)
• The Final Final Question (53:41)

Andrew Samonas is an operating agent and owner of Samonas Realty, a legendary Portsmouth-based real estate agency. Alongside his father, John, Andrew is responsible for selling many of the residential and commercial properties you see as you walk through Portsmouth, Kittery, Eliot, Rye, and more.

--To learn more about the services offered at Samonas Realty, simply visit SamonasGroup.com for more information.

--To support the telling of more educational ⁠⁠⁠⁠⁠⁠Seacoast Stories ⁠⁠⁠⁠⁠⁠like this one, please FOLLOW this podcast on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Apple Podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and/or ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Spotify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ feeds. It helps more than you know.

This podcast is hosted, written, researched, and produced by Spotify's ⁠⁠⁠⁠⁠⁠⁠⁠Troy Farkas⁠⁠⁠⁠⁠⁠⁠⁠, who lives in downtown Portsmouth.

*Nothing discussed on "Seacoast Stories" should be considered as investment advice. Please always do your own research and speak to a financial adviser before thinking about investing your hard-earned money into the real estate market.