Real Estate http://nhpr.org en The Man Who Owns The Moon...Maybe http://nhpr.org/post/man-who-owns-moonmaybe <p><strong>Dennis M. Hope</strong> claims to own the moon.&nbsp; He's been taking advantage of an obscure international treaty loophole since 1980, selling off lunar&nbsp;property, and declaring himself owner of the<a href="http://www.lunarembassy.com/"> Lunar Embassy</a>, and President of the Galactic Government.&nbsp; Sound like a joke?&nbsp; It's not. It's just business.</p> Mon, 06 Jan 2014 18:09:59 +0000 Taylor Quimby 25730 at http://nhpr.org The Man Who Owns The Moon...Maybe Trailer Parks: An Unexpected Solution For The Looming Boomer Housing Crisis? http://nhpr.org/post/trailer-parks-unexpected-solution-looming-boomer-housing-crisis <p></p><p>The mass retirement of baby boomers could trigger yet another housing crisis. Boomers were responsible for roughly 80% of home construction in the 80’s and 90’s, and many of those homes were big, too big for empty nesters transitioning to a fixed income. Enter a housing solution that’s been with us all along: mobile home communities, or trailer parks.</p> Thu, 19 Sep 2013 14:00:00 +0000 Virginia Prescott 27457 at http://nhpr.org Trailer Parks: An Unexpected Solution For The Looming Boomer Housing Crisis? New Foreclosure Numbers Reveal Promising Trend http://nhpr.org/post/new-foreclosure-numbers-reveal-promising-trend <p>New New Hampshire housing numbers show 192 foreclosures in April.&nbsp; That’s half of what the state recorded at the same time last year.&nbsp; And it appears to be part of an ongoing trend.</p> Wed, 05 Jun 2013 20:17:26 +0000 Amanda Loder 28885 at http://nhpr.org Realtors Say More Seacoast Homes Are Selling http://nhpr.org/post/realtors-say-more-seacoast-homes-are-selling <p>The New Hampshire Association of Realtors reports that residential real estate sales and prices are on the rebound in The Seacoast Region.</p> Wed, 06 Feb 2013 17:07:29 +0000 Roger Wood 21451 at http://nhpr.org Realtors Say More Seacoast Homes Are Selling How Is New Hampshire Housing? http://nhpr.org/post/how-new-hampshire-housing <p>At the start of a New Year, some numbers look good -- sales are steadily going up and prices are recovering.&nbsp; But there are also less hopeful signs -- foreclosures remain a stubborn problem and new construction is slow.&nbsp; We’ll take a look at the housing picture here in the Granite State.</p><p></p><p></p><p><strong>Guests:</strong></p><p><strong>Brian Gottlob </strong>-<strong> </strong>Principal of Policon Research, an agency focusing on economic and public policy issues.</p> Mon, 04 Feb 2013 14:04:18 +0000 Laura Knoy 21295 at http://nhpr.org How Is New Hampshire Housing? Vacation Home Slowdown Can Hurt More Than Real Estate Market http://nhpr.org/post/vacation-home-slowdown-can-hurt-more-real-estate-market <p>Anyone who&rsquo;s been in this state in late July has seen&nbsp; the traffic pattern &ndash; the long line of cars and trucks with boats or kayaks or bikes on the back, heading north on the highway to New Hampshire&rsquo;s Lakes Region.&nbsp; Some folks are heading toward campgrounds or b&amp;b&rsquo;s; some others are heading toward their own vacation homes, which in the Lakes Region can be pretty substantial.</p> Mon, 30 Jul 2012 21:42:06 +0000 Brady Carlson & Amanda Loder 9785 at http://nhpr.org Foreclosure Influx Causes Backlog In Some States http://nhpr.org/post/foreclosure-influx-causes-backlog-some-states Real estate is about location, location, location. And foreclosure is no different. Depending on the state, it can take an average of three months or three years to process a foreclosure. And the disparity in how states deal with foreclosures is getting bigger.<p>The fate of thousands of troubled homeowners in Central Florida rests in the hands of Lee Haworth, foreclosure administrative judge for Florida's 12th Judicial Circuit. "We were hit pretty hard," Haworth says.<p>His caseload exploded from fewer than 1,000 foreclosures six years ago to a backlog he estimates is now 20 times that. Fri, 16 Mar 2012 04:01:00 +0000 Yuki Noguchi 2559 at http://nhpr.org Foreclosure Influx Causes Backlog In Some States This 14-Year-Old Girl Just Bought A House In Florida http://nhpr.org/post/14-year-old-girl-just-bought-house-florida Meet Willow Tufano, age 14: Lady Gaga fan, animal lover, landlord.<p>In 2005, when Willow was 7, the housing market was booming. Home prices in some Florida neighborhoods nearly doubled from one month to the next. Her family moved into a big house; her mom became a real estate agent.<p>But as Willow moved from childhood to adolescence, the market turned, and the neighborhood emptied out. "Everyone is getting foreclosed on here," she says.<p>After the collapse, Willow's mom started working with investors who wanted to bid on cheap, foreclosed homes. Fri, 09 Mar 2012 18:11:00 +0000 2415 at http://nhpr.org This 14-Year-Old Girl Just Bought A House In Florida Cash Buyers Squeezing Out Traditional Home Seekers http://nhpr.org/post/cash-buyers-squeezing-out-traditional-home-seekers Not everyone wants to buy a mold-infested foreclosure, but Dan Grohs does.<p>He and his Realtor are walking through a three-bedroom house in Minneapolis. The copper pipes have been stolen by vandals and the heat doesn't work, but Grohs recently bid on the house — and he sees potential.<p>"It's got a nice flow to it," Grohs says as he moves through the home. "You walk in — living room, dining room, kitchen. Good spacious rooms."<p>The bank that owns this foreclosure wants about $48,000 for it, but Grohs has offered $40,000 in cash. Tue, 28 Feb 2012 15:11:32 +0000 Annie Baxter 2176 at http://nhpr.org Cash Buyers Squeezing Out Traditional Home Seekers States Debate Foreclosure Robo-Signing Settlement http://nhpr.org/post/states-debate-foreclosure-robo-signing-settlement A year ago, banks admitted to abusing the foreclosure process — using fake signatures to power through foreclosure documents — a practice known as robo-signing. Now, five major banks and more than 40 state attorneys general have agreed in principle to a broad settlement that they say will help homeowners.<p>But some states, including high-foreclosure states like California and Nevada, have been holding out and negotiating for a better deal. They're concerned that the agreement wouldn't help consumers enough, and banks would be immune from future lawsuits. Wed, 08 Feb 2012 19:00:00 +0000 NPR Staff 1784 at http://nhpr.org States Debate Foreclosure Robo-Signing Settlement Freddie Mac Betting Against Struggling Homeowners http://nhpr.org/post/freddie-mac-betting-against-struggling-homeowners Freddie Mac, a taxpayer-owned mortgage company, is supposed to make homeownership easier. One thing that makes owning a home more affordable is getting a cheaper mortgage.<p>But Freddie Mac has invested billions of dollars betting that U.S. Mon, 30 Jan 2012 10:01:00 +0000 Chris Arnold 1608 at http://nhpr.org Freddie Mac Betting Against Struggling Homeowners The Economics of Second Homes http://nhpr.org/post/economics-second-homes <p>We’ll look at the impact of 2nd homes in New Hampshire on property taxes, demographics, and jobs.</p> Mon, 21 Nov 2011 14:00:47 +0000 Laura Knoy 535 at http://nhpr.org The Economics of Second Homes