Vol.42, No.21
www.thewarrengroup.com
W E E K O F M O N D A Y, M A Y 2 5 , 2 0 2 0
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
T O P L O A N O R I G I N AT O R S
Lebanon 360 MIRACLE MILE. . . . . . . . . . . . . . . . . . . . . . . . . . . $5,551,800 B: Argee Lebanon NH LLC S: Richmond Leb Rt 4 LLC
Greenland 11-13 MARCH FARM WAY U:A. . . . . . . . . . . . . . . . . . $2,600,000 B: Class 1 Industires LLC S: Thurken 4 LLC Mtg: Primary Bank $2,096,000 Use: Condo
Wakefield
Refis Help Vault New Faces into Ranks of Top LOs Originators Grew Business in Last Year of Record Economy BY JAMES SANNA REGISTRY REVIEW STAFF
LOVELL LAKE RD L:1-6. . . . . . . . . . . . . . . . . . . . . . . . $2,485,000 B: Robert L Morse Jr Tr, Tr for R L Jr&S Cleary Morse FT S: Jug Hill LLC
Boscawen 451 DANIEL WEBSTER HWY. . . . . . . . . . . . . . . . . . . . $1,490,000 B: Boscawen DW Highway Rlty S: Douglas Sampson Tr, Tr for Matthew L Mckerley RET
Portsmouth 199 GATES ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,000,000 B: Devan J Quinn & John J Butler S: Joseph A Capobianco Jr Tr, Tr for J A Capobianco Jr RET
Dover 18 FOSTERS DR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $937,000 B: Robinson S Whitten S: Theron C Alex & Mandy M Pemberton Use: 3 Bdrm Cape Cod, Lot: 61855sf
Hollis 1 PARKHURST RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $913,000 B: Michael Tasto & Sharmeelee Tasto S: Matthew J Petrella & Lindsey M Petrella Mtg: Fall River Five Cents $776,050 Use: 4 Bdrm Colonial, Lot: 62726sf
Cornish 99 LITTELL RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $900,000 B: Norman Yanofsky & Kathleen Yanofsky S: James K Brown & Judith O Brown Mtg: Title Mtg Solution $350,000 Use: 3 Bdrm Contemporary, Lot: 2003760sf
Alton 82 HIGH POINT DRIVE. . . . . . . . . . . . . . . . . . . . . . . . . . . $885,000 B: John Wyman & Jennifer Wyman S: Brent E Brigham & Reine Y Brigham
Hollis 8 MERRILL LN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $873,000 B: Erol Duymazlar Tr, Tr for Duymazlar RET S: Peter A Allen Tr, Tr for Peter A&E M Allen RET
L
oan originators across the Granite State were busy as bees in 2019, handling a 13 percent increase in the total number of residential loans and a 30 percent increase in refinances. The Warren Group, publisher of The Registry Review, has compiled from its proprietary loan originators module the top loan originators of calendar year 2019. The originators are ranked by number of loans, loan volume statewide, by region and by the institution with which they are most closely affiliated. Loan originators across the state processed 10,888 residential loans worth $2.75 billion in 2019, up from 9,482 worth $2.15 billion in 2018. Purchase activity statewide was $1.26 billion last year compared to $1.18 billion in 2018. The dollar value of refinancing activity grew by a third, from 4,729 loans worth $970.95 million in 2018 to 6,795 worth $1.49 billion in 2019. This surge in customer demand for refis began in late 2018. Mortgage interest rates started a long slide from an average of 4.94 percent on a 30-year fixed-rate loan in November 2018 to between 3.5 percent and 3.78 percent as fall 2019 turned to winter. Those rates
REAL ESTATE RECORDS
$300,000 300000
3 Belknap �������������������������� 05/12/20 3 Carroll ���������������������������� 05/12/20 4 Cheshire ������������������������ 05/12/20 4 Coos �������������������������������� 05/12/20 4 Grafton ���������������������������� 05/12/20 5 Hillsborough ������������������ 05/12/20 6 Merrimack ���������������������� 05/12/20 7 Rockingham ������������������ 05/12/20 8 Strafford ������������������������ 05/12/20 9 Sullivan �������������������������� 05/12/20 9 Bankruptcies 9 Lien & Attachments 9 Foreclosure, Mortgagee & Other Lien Auctions 9 Requests for Bids & Proposals
$290,000 290000 $280,000 280000 $270,000 270000
Apr. May May June June July July Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Dec. Dec Jan. Jan. Feb. Feb. Mar. Mar. Apr. Apr. Apr. ’19
’20
Number 320000 of Sales $320,000 300000 $300,000 280000 $280,000 260000 $260,000 240000 $240,000 220000 $220,000 200000 $200,000
Apr.
Apr. ’16
Apr.
Apr. ’17
Apr.
Apr. ’18
Apr.
Apr. ’19
Apr.
Apr. ’20
Continued on Page 18
TO OUR CUSTOMERS
T
$320,000 320000 $310,000 310000
TRANSACTIONS THRU
173 in 2019. Jennifer Brooks, the most prolific credit union loan originator by number of loans in Connecticut River valley and the state’s far north, increased her total number of loans from 68 to 104, by increasing the number of nonpurchase loans she originated from 38 to 67. The state’s mortgage company loan originators were not to be outdone, however. Envoy Mortgage LTD’s Sarah Haberkorn, the most productive mortgage company loan origina-
Single-Family Median Sales Price
INDEX PG COUNTY
would only sink lower as the coronavirus crisis grew, causing a flight to long-term investments and causing the Federal Reserve to begin largescale purchases of securities. Some of the biggest winners of this trend were found among the state’s credit union loan originators. Stacy Gagnon of Triangle Credit Union, 2019’s most prolific credit union loan originator as ranked by number of loans, increased her refi output from 130 non-purchase loans in 2018 to
NEW HAMPSHIRE MARKET STATISTICS
Carroll 414 CRAWFORD RIDGE RD U:3. . . . . . . . . . . . . . . . . . . . $839,000 B: Harbor Ave Properties LLC S: R L Southworth Jr Tr, Tr for R L Southworth Jr RET Use: 4 Bdrm Condo, Lot: 21780sf
With interest rates sliding down over 100 basis points during 2019, customers flocked to local lenders seeking help to save significant amounts of money on their mortgages through refinancing.
Year
Median Price
Change Prior Year
Apr. 2016
$234,000
5.75%
Apr. 2017
$245,000
4.70%
Apr. 2018
$265,400
8.33%
Apr. 2019
$275,333
3.74%
Apr. 2020
$312,000
13.32%
q Statistics based on single-family home sales of $1,000 q Source: The Warren Group
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he Warren Group is making every reasonable effort to collect real estate data during these unprecedented times. As more registries restrict access and courts close down, we anticipate further collection issues and as a result you will see fewer sales, notices and liens in [The Registry Review/The Commercial Record/Banker & Tradesman]. We will publish this information as it is available. We apologize for any inconvenience this crisis may cause, and we thank you for your understanding and continued support of our newspapers. Please call or email customer service at 617-8965388 or customerservice@thewarrengroup.com if you have any questions. All collection issues are also available on our website, www.thewarrengroup. com/data-collection-issues. Sincerely, Cassidy Norton, Associate Publisher The Warren Group