foreclosure

Business and Economy
2:13 pm
Wed June 4, 2014

Amid Recovery, Selling N.H.'s Foreclosed Homes Still A Challenge

Credit Taber Andrew Bain / Flickr Creative Commons

New Hampshire’s housing market continues to recover—but slowly.  That’s according to new figures released by the New Hampshire Housing Finance Authority today.

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NH News
4:17 pm
Wed June 5, 2013

New Foreclosure Numbers Reveal Promising Trend

New New Hampshire housing numbers show 192 foreclosures in April.  That’s half of what the state recorded at the same time last year.  And it appears to be part of an ongoing trend.

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Business and Economy
3:27 pm
Tue April 3, 2012

Will The $25 Billion Mortgage Settlement Help Stem The Wave Of Foreclosures?

Jody and Gary Vermillion
RGotbaum NHPR

Since 2005, the number of foreclosures in New Hampshire has increased 700 percent. Last year, more than 3,800 families were forced out of their homes due to foreclosure.

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NH News
3:44 pm
Wed March 7, 2012

Mixed Data on Housing Market

Photo by 'Images of Money' via Flickr Creative Commons

New data from the New Hampshire Housing Finance Authority paints a mixed picture of the State’s housing market. 

288 New Hampshire homes slipped into foreclosure in January. That’s a 22-percent decrease from the prior month, but still well above pre-recession levels.

“It is not a case of 'bam', we wake up one morning and the foreclosure issue is gone,” said Jane Law with NH Housing. She said the market is showing signs of a slow recovery. 

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Crisis In The Housing Market
10:11 am
Tue February 28, 2012

Cash Buyers Squeezing Out Traditional Home Seekers

Dan Grohs (left) with real estate agent Pat Paulson in front of a foreclosed Minneapolis home. Grohs hopes to buy the house with cash.
Annie Baxter NPR

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."

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October Foreclosures
11:10 am
Wed December 7, 2011

Home Foreclosures Edge Down

Home foreclosures continued to nudge down in October and the state’s housing agency is beginning to speak of the foreclosure crisis having turned a corner.

By historic standards, the number of people losing their homes is still high.  October saw about 260 households with that problem.  But that’s about 40 less than the month before and from the start of the year, the overall trend is down.

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The Exchange
9:00 am
Mon November 21, 2011

The Economics of Second Homes

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.

Guests

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NH News
11:02 am
Wed November 2, 2011

Home Foreclosure Trends Improving

It looks now as though 2010 will be the high water mark for foreclosures.  The New Hampshire Housing Finance Authority predicts 2011 will see a slight improvement over last year.

 Jane Law with New Hampshire Housing says she’s truly glad the state is unlikely to match the level seen in 2010.

“When you look at the foreclosure notices, the foreclosure deeds.  All of it seems to be trending down.”

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North Country
4:32 pm
Sat May 28, 2011

Foreclosure For Proposed Bretton Woods Development, Golf Courses

Grand plans for a huge resort community around the Mount Washington Hotel have fallen apart and a foreclosure auction is planned.

About 900 acres surrounding the Mount Washington resort – including two golf courses - are going on the auction block late in June.

 That includes about 500 wooded acres that the owners had hoped could be turned into a huge, upscale development with hundreds of homes and retail shops.

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