The New Hampshire House is slated to vote this week on a bill to prevent housing discrimination. Renters who pay with federal subsidy vouchers, known as Section 8, and victims of domestic abuse would receive new protections.
Six years after the collapse of the housing bubble, New Hampshire’s housing market is once again on the rise. But with new regulations making it more difficult to get a loan and rental prices going through the roof, some question whether this new market is just another bubble. Will the government’s new blueprint for sustainable housing hold up in the real world?
The new year has brought some changes to the process of getting a mortgage. Home buyers may have already noticed as banks and other lenders have tightened standards since the recession, but new regulatory changes are going into effect. To hear how those changes will impact borrowers and the housing market in general, we’ve called Barbara Cunningham. She is with the Greater Manchester/Nashua Board of Realtors and also a member of the Board of Directors of the Mortgage Bankers and Brokers of New Hampshire.
A new report paints a complex picture, including that the number of un-sheltered homeless has jumped by twenty percent over the past year. We’ll look once again at this stubborn problem and ongoing efforts to address it.
The Granite United Way's 2-1-1 New Hampshire service is a directory assistance of services available in the state. It puts those in need in touch with the services that can help.
Cassie called 2-1-1 for help with disability rights when she ran into trouble with her housing arrangement. Her landlord had issued an eviction notice after she acquired a dog, because her lease forbids pets from the building. But Cassie's dog isn't a pet; she's a psychiatric service dog that provided therapeutic assistance.
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.
At the start of a New Year, some numbers look good -- sales are steadily going up and prices are recovering. But there are also less hopeful signs -- foreclosures remain a stubborn problem and new construction is slow. We’ll take a look at the housing picture here in the Granite State.
Brian Gottlob -Principal of Policon Research, an agency focusing on economic and public policy issues.
Anyone who’s been in this state in late July has seen the traffic pattern – the long line of cars and trucks with boats or kayaks or bikes on the back, heading north on the highway to New Hampshire’s Lakes Region. Some folks are heading toward campgrounds or b&b’s; some others are heading toward their own vacation homes, which in the Lakes Region can be pretty substantial.
Even though the Housing Market seems to be stabilizing, foreclosures are still a major problem. Some homeowners, who have tried to negotiate with banks are now going to court, saying they’ve not been able to get any clarity. Meanwhile, Lenders say they are making efforts, as they still are wading through an unprecedented number of troubled mortgages. We'll look how foreclosures are fairing in the Granite State.