Housing

Business
8:43 am
Thu February 16, 2012

Retirement Communities Find Niche With Gay Seniors

Michael Stotts (left) and Rod Dolan, together since 1977, settled at the Rose Villa retirement community in Portland, Ore.
Chris Lehman for NPR

Originally published on Thu February 16, 2012 10:53 am

When Pat Matthews turned 65, her declining health led her in search of a place that could offer increasing levels of care as she grew older.

And Matthews had one other requirement: She wanted to bring Carol Bosworth, her partner of nearly 20 years. At the very first place they visited, that was a problem.

"They didn't say we couldn't come. But they said that we would be best off if we were sisters," Matthews says. "We crossed them off our list, because that's not the way we want to live."

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The Exchange
10:00 am
Wed February 15, 2012

Managing the Mortgage Mess

An agreement involving national banks and state attorneys general penalizes banks for improper mortgage and foreclosure practices and offers relief for homeowners. Yet some say it leaves far too many without recourse. Meanwhile, the Obama administration has another plan to offer further help. We’ll see how these initiatives might affect New Hampshire. 

Guests

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StateImpact
3:55 pm
Wed February 8, 2012

Home Foreclosures Spiked In December

A new report released by the New Hampshire Housing and Finance Authority shows home foreclosures spiked in December 2011–up 35 percent from that November.

Jane Law of the Housing Authority says foreclosures have been declining since their peak in 2010, and December's jump might be an anomaly,

"The biggest factor is just mortgage companies are just kind of clearing out some inventory before the end of the year, which is the end of their tax year usually."

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NH News
3:28 pm
Wed February 8, 2012

Report: End of Year Spike in Home Foreclosures

Flikr Creative Commons / Sean Dreilinger

A report shows that home foreclosures spiked at the end of last year, up 35% from November.

Jane Law of New Hampshire Housing Finance Authority says foreclosures have been declining since their peak in 2010, and December’s jump might be an anomaly.

Law says, "The biggest factor is just mortgage companies are kind of clearing out some inventory before the end of the year, which is the end of their tax year usually" 

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December home sales
3:56 pm
Thu January 19, 2012

Wanted: A Clear Trend in Home Sales

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.

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StateImpact
11:18 am
Tue December 27, 2011

Federal Block Grant to Aid Renovation Project in New Hampshire Town

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.

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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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StateImpact
12:35 pm
Tue November 22, 2011

How Much Do Vacation Homes Contribute To NH’s Economy?

For a small state, New Hampshire’s got a lot of wide, open spaces, be they near lakes, mountains, or fields. And according to one report, that’s very, very good for the second home economy.
Crosby_Allison Flickr

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.

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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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