Home sales in New Hampshire remained about even with last year. About 200 more homes changed hands in 2011 than in 2010. Prices continued to slide. The median sales price was about $201,000, or about 6 percent less than the year before. The latest numbers from the New Hampshire Association of Realtors leave it unclear where the market is headed. There are some signs of improvement. Between November and December, prices held steady and at least from one month to the next, the number of homes sold rose by about 8 percent.
A New Hampshire developer plans to renovate two mostly-abandoned apartment buildings in Franklin and turn them into affordable housing for working class families. The company, New England Family Housing, plans to buy the 30-unit building for $615,000.
If you tuned-in to NHPR’s “The Exchange” on November 21, you might have heard economist Russ Thibeault talking about an interesting (and these days, somewhat obscure) report. We’ll get to that in a minute. But first, a bit of background.