Broken promises
NH developer Robynne Alexander, who has admitted to fraud charges, has a long trail of projects she abandoned or was forced to drop
Real Estate & Construction
Would lower interest rates help NH’s real estate market?
As New Hampshire’s residential real estate market continues to trundle along — with an all-time high median price of $565,000 recorded in June for a single-family house — one spot of relief could be lower interest rates. That’s what President Donald Trump and officials in his administration are advocating. But Susan Cole, president of the New Hampshire Association of Realtors, cautions: Lower rates from the Fed isn’t a guarantee of lower mortgage rates.
Chinese water bottler in Nashua in build-out as it prepares for permits
A Chinese water bottler is in the process of its build-out of the 337,391-square-foot building it purchased in Nashua, its project team trading emails with local and state health officials about what is needed for permitting.
Laconia developer to plead guilty to wire fraud
The little-known real estate developer who convinced state officials she had the financial means and experience to transform a 220-acre parcel in Laconia into a sprawling housing and business complex has signed a plea agreement to federal wire fraud charges.
What aging in place means for NH seniors and housing market
Nearly a third of New Hampshire residents are at least 60 years old. Almost 20 percent are older than 65. And most live in single-family residences they aren’t keen to give up anytime soon, one of a variety of contributing factors as to why there’s a shortage of available homes for sale in the state.
Bow receives federal funding to study waterline extension and economic growth in Bow Mills Area
The Bow Mills area will be the focus of a new feasibility study to examine whether extending Bow’s municipal waterline from its wells to the area could spur future development and drive economic growth.
People and Property: Real Estate and Construction News from Around NH
Colliers announced the sale of 782 South Willow Street in Manchester. Tthe investment property, the new home of Raising Cane’s restaurant, sold for $3,700,000, according to the Registry Review.
When it comes to home price-to-income ratios, NH counties above the norm
Household incomes haven’t grown at the same rate as home prices here in New Hampshire. As a result of this growing disconnect, the price-to-income ratio in each of the state’s 10 counties is one and a half to two times what it should be.
Salem receives $1 million in state funding to support housing infrastructure, production
The Town of Salem has been awarded $1.15 million in state funding to pursue housing production and infrastructure projects as one the state’s recognized housing champions. Late last year, Salem, alongside 17 other towns, was designated a housing champion for…
People and Property: Real Estate and Construction News from Around NH
A downtown street in Hanover will be closed for about 18 months starting Wednesday to allow Dartmouth College to overhaul its heating system, as part of an effort to reduce the campus’ carbon emissions ... and other real estate and construction news.
