Page 46 — THE CONWAY DAILY SUN, Saturday, January 7, 2012
Builders applaud SKIING & RENTAL INCOME OPORTUNITIES report on housing
Close to Attitash Skiing, Bartlett
Location, Location, Location! Conway
$69,900
$198,850
$219,900
Short walk to base lodge and lifts. Good rental income with onsite mgmnt. Corner unit w/many recent upgrades.
Spacious end-unit townhouse w/2,090 SF. Open floorplan, 3BR, 2BA – lots of space. 1 car attached garage, walk-out basement
Terrific townhouse with lots of space. Open floor plan, fieldstone hearth, woodstove. 1 car garage for extra storage.
MLS 4113753
MLS 4065292
MLS 4063153
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Close to Cranmore Skiing, Conway
www.wrightrealty.com
Coldwell Banker Wright Realty 603-447-2117 • 800-447-2120 481 White Mountain Highway, Conway NH
445 White Mtn Hwy Conway, NH
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WASHINGTON — The National Association of Home Builders Concurs with a finding by the Federal Reserve that excessively tight mortgage lending standards are hampering a housing and economic recovery. “The Federal Reserve’s report to Congress confirms what we have been saying for some time: That extraordinarily tight credit conditions are preventing creditworthy borrowers from obtaining home loans and this is harming the housing market and the broader economy,” said National Association of Home Builders' chairman Bob Nielsen, a home builder from Reno, Nev. Nielsen added that the lack of credit extends to housing construction loans as well, which is crippling the housing industry and preventing construction of new homes in markets that need and want them. “In scores of markets across the country that are exhibiting signs of job growth and where the inventory of new homes is nearly exhausted, builders should be hiring workers to break ground on new housing developments,” he said. In its message to Congress, the Fed said that “restoring the health of the housing market is a necessary part of a broader strategy for economic recovery.” Housing can act as a job catalyst if regulators and lending institutions return to prudent underwriting standards that do not exclude creditworthy borrowers and if they move to restore the flow of credit to viable home building projects. In normal times, housing accounts for more than 17 percent of the nation’s economic output. Constructing 100 new homes creates more than 300 full-time jobs, $23.1 million in wage and business income and $8.9 million in federal, state and local tax revenue. With cash-strapped municipalities across the land desperately searching for new revenue sources, home building can increase the property tax base that supports local schools and communities. “Removing the obstacles limiting access to mortgage credit and enabling builders to obtain construction loans to build in markets where demand is firming is imperative to get housing back on track, to put our nation back to work and to keep the economy moving forward,” said Nielsen.
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ALNOR POWER EQUIPMENT WHAT A BEAUTIFUL, QUIET SUBURBAN STREET! This 3 bedroom, 2 bath double wide home in Tamworth Pines is on a cul de sac and there is nothing behind the home but trees! Master bedroom (big enough for a king size bed) with walk in closet, large screened porch, high ceilings, large kitchen, separate laundry room, and a spacious living area. A must see! MLS#4079796 $54,000
VERY ATTRACTIVE, 5 BEDROOM, CONWAY VILLAGE HOME. The first floor has been beautifully renovated. The second floor has not yet been renovated, but worth the effort. Over-sized garage, and lots of storage. Town water and sewer. Level lot with a nice farmers porch, perfect for a porch swing. Great opportunity for someone capable of completing renovations. MLS #4064631 $119,000
General Repairs For All Makes Of Power Equipment 159 E. Conway Rd., No. Conway
356-2500
Pick-up & Delivery Available
Sat & Sun., Jan. 7 & 8 • Noon-4pm
VERY PRIVATE WITH BEAUTIFUL VIEWS This 2006 built Cape
has a great layout with granite counter tops, hardwood floors,gas fireplace and economical FHW heat. Large 10’x30’ deck wih panoramic mountain and lake view. The basement has been plumbed for a third bath and has double doors leading outside. This is a very private site, close to the best beach in Eidelweiss and minutes to all the amenities available in North Conway. MLS# 4102553 $228,000
WHAT WAS OLD IS NEW AGAIN... Large Victorian with new kitchen
and stainless appliances. Totally insulated, new heat, plumbing and wiring. Mother in law apartment in main house and 1 bedroom apartment plus loft over barn with separate utilities. Separate entrances for everyone. Short walk to Silver Lake Beach. Renovations almost finished and will be done shortly. New roof,siding and drilled well. Great location! MLS#2826933 $258,000
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$214,900