The Registry Review: Dec. 14, 2020

Page 1

Vol.42, No.50

www.thewarrengroup.com

W E E K O F M O N D A Y, D E C E M B E R 1 4 , 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

PRICED OUT

Keene 298 MAIN ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $9,161,000 B: Keene SNF Realty LLC S: Westwood Realty LLC Mtg: Congressional Bank $26,184,250

Rochester 62 ROCHESTER HILL RD. . . . . . . . . . . . . . . . . . . . . . . $8,514,000 B: Rochester SNF Realty LLC S: Colonial Hill Realty LLC

Gilford 230 EDGEWATER DR. . . . . . . . . . . . . . . . . . . . . . . . . . $4,900,000 B: Kenneth R Stillwell Jr S: Edward P Grace 3rd Mtg: Bar Harbor Bk & Tr $3,675,000 Use: 1-Family, Lot: 69696sf 131 LAKE ST U:C1-C29. . . . . . . . . . . . . . . . . . . . . . . . $3,925,000 B: Global Rlty Acquisitions LLC S: Chase Realty Partners LLC Use: Non-residential Condo

Moultonboro 15 ALDERBERRY LN. . . . . . . . . . . . . . . . . . . . . . . . . . $2,635,000 B: Nathan A Kieffer & Leslie L Woo S: Alan R Lathrop Tr, Tr for Alan R Lathrop 2010 RET Mtg: Citibank Na $1,976,250 Use: 2 Bdrm Contemporary, Lot: 36590sf

New Castle 30 BEACH HILL RD. . . . . . . . . . . . . . . . . . . . . . . . . . . $2,169,533 B: Gisele A Brisson & Lonnie E Autry Jr S: Greg H Ludes & Laura J Ludes Use: 3 Bdrm Split Level, Lot: 13068sf

Seabrook 9 GROVELAND ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,100,000 B: Seabrook NH LLC S: David J Short Tr, Tr for Short FT Mtg: Haverhill Bk $1,500,000 Use: 3 Bdrm Contemporary, Lot: 6666sf

Wolfeboro 367 CENTER ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,090,000 B: John S Kristoferson & Sandra Kristoferson S: Tonya Albee Tr, Tr for Pelham T 365 CENTER ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,090,000 B: John S Kristoferson & Sandra Kristoferson S: Tonya Albee Tr, Tr for Pelham T Mtg: Independent Bank $1,400,000 Use: 1-Family, Lot: 196020sf

Moultonboro COTTAGE RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,800,000 B: Randall R Perin Tr, Tr for Randall R Perin RET S: Charles W Bucknam Jr Tr, Tr for Susan Bucknam RET

Affordable-Housing Council Gets to Work Group Created to Offer Ideas for Executive Orders, Legislation BY HOLLY RAMER ASSOCIATED PRESS

C

ollaboration on solutions to homelessness in New Hampshire began anew Friday with the first meeting of a council tasked with addressing broad issues around housing affordability and stability. Gov. Chris Sununu created the Council on Housing Stability last month after state police cleared a homeless encampment outside a courthouse in Manchester. It represents a revamping of the existing Interagency Council on Homelessness and has been instructed to update the state’s homelessness plan. A preliminary plan is due Dec. 14 and could include recommendations for executive orders and legislation. “As the governor recently mentioned in a letter to New Hampshire’s mayors, housing is not an optional lifestyle commodity but rather is an irreplaceable requirement for any form of humane human condition, and housing stability is a key social determinate of health. It is essential for all children, adults and families to thrive in New Hampshire,” said D.J. Bettencourt, the governor’s policy director. “We appreciate that the timeline we’re operating under is tight, but it is imperative that we move quickly with short term, medium term and long-term action items,” Bettencourt said. The council’s more than 30 members include the heads of many state agencies; mayors; and representatives of groups such as the New Hampshire Coalition Against Domestic and Sexual Violence, the New Hampshire

REAL ESTATE RECORDS

$310,000 310000

3 Belknap �������������������������� 11/27/20 4 Carroll ���������������������������� 11/27/20 4 Cheshire ������������������������ 11/27/20 5 Coos �������������������������������� 11/27/20 6 Grafton ���������������������������� 11/27/20 7 Hillsborough ������������������ 11/27/20 9 Merrimack ���������������������� 11/27/20 11 Rockingham ������������������ 11/27/20 13 Strafford ������������������������ 11/27/20 13 Sullivan �������������������������� 11/27/20 14 Bankruptcies 14 Lien & Attachments 14 Foreclosure, Mortgagee & Other Lien Auctions 14 Requests for Bids & Proposals

Dean Christon, director of the New Hampshire Housing Finance Authority, provided an overview of the current housing market. The year-to-date median sale price for single family homes, which make up two-thirds of the state’s housing stock, has gone up 10.53 percent in the past year to $315,000, according

$290,000 290000 $270,000 270000 $250,000 250000

Oct. Nov. Nov. Dec. Dec Jan. Aug. Sept. Sept. Oct. Oct. Oct. Jan. Feb. Feb. Mar. Mar. Apr. Apr. May May June June July July Aug. ’19

’20

Number 350000 of Sales $350,000 320000 $320,000

Year

Median Price

Change Prior Year

290000 $290,000

Oct. 2016

$240,000

6.19%

260000 $260,000

Oct. 2017

$255,000

6.25%

230000 $230,000

Oct. 2018

$260,000

1.96%

Oct. 2019

$280,000

7.69%

Oct. 2020

$340,000

21.43%

200000 $200,000

Oct.

Oct. ’16

Oct.

Oct. ’17

Oct.

Oct. ’18

Oct.

Oct. ’19

Oct.

Oct. ’20

Continued on Page 16

TO OUR READERS

T

$350,000 350000 $330,000 330000

TRANSACTIONS THRU

Market Heats Up

to The Warren Group, publisher of The Registry Review, while the supply of homes has decreased, particularly at lower prices. That means more people remain renters, which further increases competition for limited units, he said. The median monthly rent for a two-bedroom apartment has increased by 22 percent in the past five years, double the rate at which renters’ income has increased. And while the national average vacancy rate is 6 percent, in New Hampshire it is under 2 percent.

Single-Family Median Sales Price

INDEX PG COUNTY

Catholic Charities, housing, landlord and builder’s associations, law enforcement, and people who have currently or recently had experience with housing instability.

NEW HAMPSHIRE MARKET STATISTICS

Hales Location 73 BOULDER RIDGE ROAD. . . . . . . . . . . . . . . . . . . . . $1,800,000 B: Caroline Nolan & Lawrence J Nolan S: John H Schiavi

Gov. Chris Sununu has convened a task force to find solutions to the state’s housing affordability problems as COVID-19 and rising home prices and rents helps contribute to homelessness.

q Statistics based on single-family home sales of $1,000 q Source: The Warren Group

©2020 The Warren Group Inc. All rights reserved. No part of this publication may be reproduced without the written consent of the publisher.

he Registry Review is online! After more than 40 years as a printed newspaper, all of the real estate information you rely on is now available at www.theregistryreview.com. (There are no plans to cease publication of the newspaper.) All current subscribers have complimentary access to the website. When you first visit the site, please click the “forgot password” button to set up your account. If you have any problems please call or email customer service at 617-896-5388 or customerservice@thewarrengroup.com. If you have any feedback or would like to contribute content, please email editorial@ thewarrengroup.com. Sincerely, Cassidy Norton Associate Publisher The Warren Group


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