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Apartment vacancy rates in New Hampshire low as median rents increase, study says


Apartment vacancy rates in New Hampshire low as median rents increase, study says
Study released by New Hampshire Housing
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Updated: 6:03 PM EDT Jul 21, 2021
Study released by New Hampshire Housing
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Updated: 6:03 PM EDT Jul 21, 2021
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COMPETITION FOR RENTALS IS FIERCE. The Reporter: RENTAL APARTMENT HOMES HAS 1800 RENTAL UNITS THROUGHOUT NEW HAMPSHIRE. FOR EVERY APARTMENT THAT HITS THE MARKET, OWNER RON DUPONT SAYS HE RECEIVES ALMTOS 200 INQUIRIES. S OMEONE LOOKING FOR AN APARTMENT, OK, THEY PROBABLY HAVE A TOUGHER JOB IN FRONT OF THEM THAN THEY VE EVER H,AD IN 36 YEARS THAT I VEEEN IN B BUSINESS. The Reporte Dr:UPONT ESTIMATES HE HAS A 1% VACANCY RATE WHICH ACCORDING TO A NEW SURVEY BY NEW HAMPSHIRE HOUSING IS THE AVERAGE RATE ACROSS THE STATE. THE SURVEY SAYS A BALANCED MARKET VACANCY RATE IS TYPICALLY 5%. TH STATE, SITS WELL BELOW THE NATIONAL AVERAGE, WHICH IS 7%. SO WA ....

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New Report Shows N.H.'s Housing Market Still Tight In First Few Months of 2021


Credit Dan Moyle/Flickr Creative Commons
New Hampshire’s single family home market is still tight. A new report from the New Hampshire Housing Finance Authority focusing on this spring’s housing market shows that the state’s housing inventory is extremely low and houses are often sold at or above asking price. 
In April, about 1,500 homes were sold in New Hampshire, and the median price hit a record high of $362,250. 
Dean Christon, the executive director of New Hampshire Housing, said he hasn’t seen a housing market like this one in a long time.
“It’s nothing I think that anyone has experienced certainly in the last 20 or more years, maybe even longer than that,” he said.  ....

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Business notes for May 16, 2021


Business notes for May 16, 2021
Published: 5/15/2021 1:15:12 PM
Central Gold Key Realty
of Franklin recently welcomed the entire team from Christy Goodhue Real Estate. This adds Christy Blouin Mank, Valerie Provost, Brian Mank and Kyle Arruda to the company. This will allow Central Gold Key Realty to expand its residential and commercial department to provide a greater personalized service to clients and customers. You can learn more by calling 729-3030 or visit centralgoldkeyrealty.com.
Lakes Region Visiting Nurse Association (LRVNA) and the Newfound Area Nursing Association (NANA)
plan to merge following a successful public hearing. These companies provide quality in-home care and hospice services to a larger area in the Lakes Region of Central New Hampshire. Both entities boards of directors are convinced that this merger will better serve the needs of the Central/Lakes Regions and Greater Bristol. Established in 1960, the Newfound Area Nursing Associatio ....

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New Hampshire Housing launches Community Heroes Homebuyer initiative


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BEDFORD, NH – In appreciation of the vital services that New Hampshire’s essential frontline workers have been providing during the COVID-19 pandemic, New Hampshire Housing has launched a special initiative to help them become homeowners. The new
Community Heroes Initiative 
provides a $3,000 closing-cost credit to eligible first-time homebuyers who finance through one of New Hampshire Housing’s 
Plus mortgage programs.
Eligible borrowers include healthcare, daycare and eldercare workers; law enforcement officers, firefighters and first responders; educators; and active members of the Armed Services. The Community Heroes Initiative provides a $3,000 grant directly to the lender as a closing-cost credit and the borrower is not required to repay this credit. There is a maximum program income limit of $135,300, and funding for this initiative is limited. ....

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