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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. Kevin Lacasse, who owns the company, told the Concord Monitor that the he buildings, which were constructed in […]

Foreclosures On The Decline Since 2010

The worst might be over in terms of New Hampshire’s foreclosure rate…but that doesn’t mean things will be truly good in the near future.  NHPR’s Jon Greenberg looked into the September numbers released by the New Hampshire Housing Finance Authority, and reports: “About 300 owners lost their homes in September.  That’s 8% less than a […]

Nine Essential Takeaways From The Fed’s Report On Foreclosure Prevention

Periodically, StateImpact New Hampshire likes to check in with the Boston Fed to find out what forces analysts think are shaping the New England and national economies.  And we stumbled onto this deceptively dry-titled little gem of a report by Robert Clifford: “State Foreclosure Prevention Efforts in New England: Mediation and Assistance.” In his report, […]

New Hampshire’s Housing Market Not So Rosy

The New Hampshire Association of Realtors came out with numbers today comparing housing sales from this past August to August of 2010 and found an increase of 14 percent.  The group also reported that housing prices dropped two percent during the same time. But these numbers don’t necessarily give the full picture of New Hampshire’s […]

What You Need To Know About The Vacation Home Market: A Realtor’s Perspective

StateImpact has been on the road this week, as part of our month-long series on the state’s vacation home economy. We headed to the mother of all New Hampshire tourism communities: the town of Moultonborough, along Lake Winnipesaukee.  You may remember from our previous coverage that 61 percent of the homes in the area are […]

Vacation Homes in New Hampshire: The Who, The What and The Where

If you’ve got five minutes to burn, check out StateImpact’s town-by-town interactive map. Just find your town, click on it, and see how many vacation homes are there, and what percentage of the housing stock they make up. If you’ve got 10 minutes, you can get the context behind the numbers with our written analysis. And if you’ve got an hour or more, the map will keep you very, very entertained. Trust us.

Are Wall Street Worries Generating A Negative Feedback Loop?

Today the Associated Press reports that with Wall Street seemingly going haywire, a lot of people are too spooked to spend their money. “Stocks have fallen four weeks in a row. Some on Wall Street worry that the resulting blow to  confidence, not to mention 401(k) statements, has set off a spiral of fear that could […]

Homebuilder Confidence Remains Lackluster

More of the same…for two years running now.  That’s the upshot of a story by AP writer Derek Kravitz analyzing the latest numbers from the National Association of Homebuilders. “The National Association of Home Builders said Monday that its index of builder sentiment in August was unchanged at 15. The index has been below 20 for […]

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