News

Moody's downgrades N.H. muni bank bonds

Moody's Investors Service has downgraded the New Hampshire Municipal Bond Bank's 2005 Resolution rating to A1, or "upper medium grade," from Aa3, or "high grade, high quality," affecting $259 million in outstanding debt, said the ratings agency in a release.The…

Nov. foreclosures down 11%

In a welcome holiday bonus, foreclosures in New Hampshire were down some 11 percent in November from the prior month.According to the New Hampshire Housing Finance Authority, there were 227 foreclosures reported in November - the second monthly decrease in…

Heating oil prices rising too

With home heating oil prices taking a jump, gas prices back up to 2008 levels, and talk of $100 and even $125 per-barrel oil prices, things are not exactly merry and bright on the energy front heading into the new…

Salem's business climate: a roundtable

NHBR's editors recently met with Salem area businesspeople at the Brookstone Grille in Derry to get their take on how the area's economy is faring and what their expectations are for the future.Participants were:•Ed Callahan, vice president and general manager,…

N.H. home sales plummet in November

It was not a good November for the New Hampshire housing market. According to statistics from the New Hampshire Association of Realtors, sales fell 29 percent compared to November 2009, and prices dropped about 3 percent. Condos suffered even a…