In June, the state saw fewer than 150 foreclosure deeds filed--the first time that's happened since before the recession. That's according to a new report released by the New Hampshire Housing Finance Authority. Foreclosure deeds in June were down 15 percent from May, and 30 percent from June of last year. Foreclosure auction notices also were also down more than 40 percent from June of 2013.
Originally published on Mon February 27, 2012 3:24 pm
Not everyone wants to buy a mold-infested foreclosure, but Dan Grohs does.
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.
"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."
New Hampshire has a relatively high share of vacation properties….more than ten percent statewide, with heavy concentrations in resort areas. We’ll look at the impact of these get-away homes on property taxes, demographics, and jobs…also, how the second-home market may provide a bright spot in an otherwise struggling real estate sector.