NEW HAMPSHIRE ECONOMY & SHOPPING
The Granite State as its known, is a cross section of countryside villages, ocean beaches, granite mountains, and beautiful lakes. We created this page to provide additional information that our clients often ask about such as healthcare, shopping, taxes, recreation, transportation, food, and cost of living.
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NH Real Estate Monthly Indicators
The New Hampshire real estate market continues to experience strong demand, limited inventory, and rising prices. Like many parts of the United States, New Hampshire has seen increased interest in suburban and rural areas, driven by factors such as remote work opportunities and lifestyle changes which accelerated during Covid-19. This heightened demand has led to a competitive market, with multiple offers common for desirable properties although the multiple offer scenarios are showing some signs of moderation. Despite rising prices, New Hampshire's real estate market demand remains high. Homebuyers are seeking more space, natural beauty, and a high quality of life. However, limited inventory continues to pose challenges for buyers, and experts anticipate that the market will remain competitive in the near term.
For a full report on the current NH market download a copy of the February 2024 Market Report from the New Hampshire Association of Realtors.
Click Here to Download NH Real Estate Activity Report
If you desire further information about a specific property please request a consultation.
The New Hampshire Economy
The economy of New Hampshire is characterized by a diverse mix of industries that contribute to its overall prosperity. With a strong emphasis on technology, manufacturing, tourism, education, finance, and healthcare, the state boasts a robust and resilient economy. Jobs in New Hampshire span a broad spectrum of industries, providing diverse employment opportunities for its residents. The technology sector, in particular, has experienced significant growth, driven by innovative companies and a skilled workforce. With a skilled workforce and a business-friendly environment, New Hampshire attracts companies across various fields, from small startups to multinational corporations. The technology sector, in particular, offers lucrative job prospects, with opportunities in software development, cybersecurity, and biotechnology. Additionally, manufacturing remains a cornerstone of the economy, with companies producing a wide range of goods, including machinery, electronics, medical devices, and aerospace components. The healthcare industry provides essential services and employs a large portion of the workforce, ranging from medical professionals to administrative staff. Tourism plays a vital role, drawing visitors to the state's scenic landscapes, historic sites, and vibrant cultural attractions. Overall, New Hampshire's dynamic economy reflects its entrepreneurial spirit, commitment to innovation, and diverse economic base. New Hampshire offers a favorable environment for job seekers looking to build rewarding careers in diverse and thriving industries.
These resources list many of the prominent companies (and employers) in New Hampshire.
https://choosenh.com/choosenh/working-in-new-hampshire/top-companies
https://www.zippia.com/advice/largest-companies-in-new-hampshire/
Shopping and Retail Centers in New Hampshire
Tuscan Village in Salem, New Hampshire, stands as a testament to innovation and community development. This expansive mixed-use development project, situated on over 170 acres of land, is transforming the landscape of Salem into a vibrant and dynamic destination. Inspired by the charm and allure of Tuscany, Italy, Tuscan Village combines residential, commercial, and recreational elements to create a bustling live-work-play environment. The development features luxury apartments, townhomes, and condominiums alongside retail shops, restaurants, and entertainment venues. Anchored by a state-of-the-art medical center and a premium hotel, Tuscan Village offers convenience and accessibility for residents and visitors alike. With beautifully landscaped streets, pedestrian-friendly pathways, and a focus on sustainability, Tuscan Village embodies the essence of modern community living while embracing the timeless beauty of the Tuscan countryside. https://www.tuscanvillagesalem.com/
Tanger Outlets Tilton Situated in Tilton, Tanger Outlets is a premier shopping destination with a variety of outlet stores offering discounts on designer goods and popular brands. https://www.tanger.com/tilton
Mall of New Hampshire New Hampshire offers a variety of major shopping areas that cater to diverse preferences and interests. One of the most prominent shopping destinations is the Mall of New Hampshire in Manchester, featuring a wide range of retail stores, dining options, and entertainment venues. https://www.simon.com/mall/the-mall-of-new-hampshire
Pheasant Lane Mall Another popular shopping hub is the Pheasant Lane Mall in Nashua, which boasts a vibrant mix of retailers, including department stores, specialty shops, and eateries. https://www.simon.com/mall/pheasant-lane-mall
Merrimack Premium Outlets Additionally, the Merrimack Premium Outlets in Merrimack attract shoppers with its array of designer and brand-name stores offering discounted prices. https://www.premiumoutlets.com/outlet/merrimack
Market Square In Portsmouth Shoppers can explore the charming streets of Market Square and nearby downtown areas, dotted with unique boutiques, galleries, and artisan shops. https://www.goportsmouthnh.com/explore-portsmouth/guides-maps/downtown/
Rochester Crossing Positioned in Rochester, this retail center offers a variety of stores and restaurants, providing convenient shopping options for local residents and visitors alike. https://rochester-crossing.com/directory/
Settlers Green Outlet Village Positioned in North Conway, Settlers Green Outlet Village offers a unique shopping experience with a picturesque setting and a mix of outlet stores, restaurants, and entertainment options. https://www.settlersgreen.com/
North Conway Village Known for its charming Main Street lined with quaint shops, boutiques, and galleries, North Conway Village offers a unique shopping experience in a scenic mountain setting. https://www.northconwayvillage.net/
These major shopping areas, along with numerous shopping centers and plazas scattered throughout the state, provide residents and visitors with ample opportunities for retail therapy and enjoyable shopping experiences in New Hampshire.
