housing market

The Exchange
9:00 am
Thu July 10, 2014

New N.H. Housing Report: Demographics & Housing Mismatch

Credit Rachel Elaine / Flickr/CC

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.

GUESTS:

* You can find more information about NHHFA's report here.

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The Exchange
10:27 pm
Fri January 24, 2014

How's Housing?

Credit Jer*ry / Flickr Creative Commons

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?

GUESTS

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Business and Economy
2:17 pm
Tue January 14, 2014

Foreclosures Drop To Six-Year Low

Credit Justin Shearer / Flickr Creative Commons

  Only 161 homes fell into foreclosure in November, the lowest single monthly total since 2007.

New data from the New Hampshire Housing Finance Authority shows foreclosures were down 25% through the first 11 months of 2013, compared to a year prior.

The report credits slow but steady improvements in the housing market and overall economy, and banks allowing more short sales for homeowners who owe more than their house is worth.

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NH News
1:42 pm
Mon December 9, 2013

New Hampshire's Housing Market Shows Strength

New Hampshire remains on track to have the fewest number of home foreclosures in six years.

In October, 239 homes fell into foreclosure. That’s a slight uptick from September, but the state is projected to have less than 3,000 total foreclosures for the year, the lowest since 2007.

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NH News
1:30 pm
Wed November 7, 2012

Cautious Optimism For N.H. Housing Market

New data from NH Housing Finance Authority shows 263 New Hampshire homes fell into foreclosure in September. That’s a 13% decline from 2011 levels.

The report says the numbers are a sign that the worst of the housing crisis could be behind us.  

But, cautious optimism aside, there is some tangible good news here: total foreclosures are on track to be their lowest since 2009. Foreclosure auction notices are also way down.

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NH News
2:42 pm
Thu September 27, 2012

Housing Sales Up, But Prices Remain Flat

New housing data suggests the New Hampshire market may be stabilizing, even while residential prices remain low.

The median sale price last month was $210,000. That’s the same price from August 2011--a signal that the number of houses for sale continues to outpace demand.

But a report from the New Hampshire Association of Realtors says the number of units sold is up more than 20% from last year. And gains are being seen in each of the state’s ten counties.

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NH News
2:03 pm
Thu August 23, 2012

Housing Market Shows Signs of Life

Diana Parkhouse Flickr/Creative Commons

New housing data released today show a continued upswing in residential sales. Twelve-hundred-and-sixty homes were sold in July. That’s a jump of about 20% from a year ago.

John Rice with NH Association of Realtors believes that with sales on the upswing, housing prices may be starting to turn the corner.

“If they are not as low as they are going to get, they’ve got to be close to it," says Rice.

The median sale price in July was $215,000, basically the same as it was in 2011.

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Crisis In The Housing Market
3:23 am
Mon April 16, 2012

Hoping For Payout, Investors Become Landlords

Renzo Salazar maintains the yard around a foreclosed house in Miami after the bank hired him to keep the home from falling into complete dilapidation.
Joe Raedle Getty Images

Originally published on Mon April 16, 2012 5:08 am

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.

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Crisis In The Housing Market
2:53 am
Wed April 11, 2012

Fannie, Freddie Weigh Mortgage Write-Downs

A pre-foreclosure sign is seen in front of a home in Miami. Supporters of a plan to reduce the principals owed by many homeowners facing foreclosure say it would prevent larger losses and keep people in their homes.
Joe Raedle Getty Images

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.

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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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