A new report finds that with shifting New Hampshire demographics, household incomes and lifestyles, our housing stock soon won’t fit us anymore. And it predicts this infrastructure ‘mismatch” could be a drag on future economic growth. We’ll find out more, and what its authors say might create a more balanced housing market.
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 housing market has a new frontier — turning foreclosed homes into rental properties. Some big-time investors are starting to buy up thousands of homes to turn into rentals. That might help shore up home prices. But some housing advocates are nervous.
For decades, most single-family homes available for rent have been owned by mom-and-pop landlords. Sometimes it's the nice old guy up the street who owns a couple of rental homes, and some even offer advice on the Internet.
Hundreds of thousands of homeowners facing foreclosure might get help by having the amount they owe reduced by Fannie Mae and Freddie Mac.
This is a hot topic in Washington, D.C., with many Democrats pushing for these so-called "principal reductions" to try to help the housing market. On Tuesday, a top federal regulator came a step closer to allowing the move.