2013 New Hampshire Housing Market

The number of homes and condos sold in Dover, N.H. is up 23 percent so far in 2013 over the same time last year, while the inventory is down to 157 versus the usual 200-220. Thankfully, say Dover real estate professionals, low mortgage interest rates are giving potential buyers a great deal of purchasing power, which is driving sales numbers. “My predictions for Dover, N.H. real estate in 2013 is going to be on the cautious side,” said … [Read more...]

2012 New Hampshire Housing Market

Home prices have been falling in New Hampshire for almost five years, ever since the housing market reached its peak. However, an increase in sales, prompted by near record low mortgage rates and a stronger local economy will send housing prices higher this year. New Hampshire’s economy, once hard hit and ailing, is growing at a faster rate than most other nearby states, but is projected to stall without enough jobs being developed for the … [Read more...]

Mortgage Rate Deal of A Lifetime

By Mike Colpitts In a major effort to help its ailing real estate market, one state is offering lower-income residents a way to purchase homes through federally backed mortgages at mortgage rates below the lowest available elsewhere, and they’re also putting up down payments to make the home purchases. The mortgage rate is a deal of a lifetime for residents in New Hampshire, who qualify for the program that provides a cash grant equal to … [Read more...]

Open Letter on Foreclosure Mills

By Betty Delisle My name is Betty Delisle and I live in New Hampshire. I am self employed and work every day to provide for my family. I bought my first home in October of 2005 and was so excited because I finally had a chance to get off the government programs that I had been receiving for years. After finally buying my first home, I had no idea that someday I would be faced with foreclosure. My business had a fire and I suffered a loss … [Read more...]

Housing Appreciation Years Off, Survey Shows

Consumers say it's going to take a number of years for the housing market to appreciate in value again, according to a new Housing Predictor online poll. More than 1 out of 3 surveyed say it will take more than five years for the market to improve. Another 19% or almost one out of five said the housing market will appreciate within five years. A combined total of 46% said that the market will inflate within three years. Only 8%, however, of … [Read more...]

2011 New Hampshire Housing Market

Stoked by better employment than in most other areas of the country and record international exports, the New Hampshire economy is eyeing the New Year with an optimism not seen in many areas of the U.S. That’s not to say the state is out of the woods yet in the financial crisis, but it’s driving a recovery in housing markets. New Hampshire recorded a record number of foreclosures in 2010 due to the calamity in banking and bankruptcies are … [Read more...]

2010 New Hampshire Housing Market

New Hampshire might be best known for having the first presidential primary in election years, but the state may also soon gain a reputation for dodging much of the fallout of the financial crisis. As the unemployment rate climbs in many areas of the country, New Hampshire is holding its own on the job front with one of the better unemployment rates. However, mortgages that were made to home buyers that should have never considered buying … [Read more...]