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Story Archives of 'Real Estate'Sandwich Couple Swindled Out of their HomeBy Dan Gorenstein on Thursday, July 17, 2008.Irwin and Inger Young are fighting to save their home. The family is just one of thousands to struggle with the mortgage foreclosure crisis. But the couple isn’t in this position because they lived in a house they couldn’t afford. They were - allegedly - victims of a home mortgage rescue scheme. New Hampshire Public Radio’s Dan Gorenstein has the story. listen:
  NH's Mortgage Brokers Are Dealing with Tighter Credit StandardsBy David Darman on Thursday, July 17, 2008.Congress is debating a bailout for mortgage giants Fannie Mae and Freddie Mac. The two companies hold more than 12 trillion dollars worth of mortgages. New Hampshire mortgage lenders are keeping an eye on the possible bailout. But many say a bailout is not their most pressing concern. New Hampshire Public Radio’s David Darman has more. listen:
Resisting RecessionBy Laura Knoy on Tuesday, July 1, 2008.We’ve felt the squeeze more each day, with fuel and food prices up and home prices down. But the Granite State’s pinch has been less painful than in much of the country, and many expect it’ll stay that way. We’ll find out why, and we’ll look at what could derail New Hampshire’s recession resistance and actually put us behind other states down the road. Guests
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Workforce HousingBy Laura Knoy on Tuesday, May 20, 2008.Despite the decline in real estate prices, many moderate income Granite Staters still can’t afford a home, especially close to work. A new bill that just passed the legislature will make it easier for developers to get workforce housing projects approved, but some town planners worry the measure could tie their hands too tightly. We’ll look at workforce housing, how the bill may affect the real estate market and why some are worried. Guests
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Many Are Leaving the Real Estate FieldBy David Darman on Friday, May 16, 2008.It is not unusual these days to hear about job losses in any number of industries. But one area that gets little publicity about a shrinking workforce is the real estate business. It’s not the best of times for that industry, with sales slowing and credit tightening. Those conditions have convinced many agents to find other work, or at least pray hard for a sale. New Hampshire Public Radio’s David Darman has more. listen:
Banks Take Second Look at Mobile HomesBy Dan Gorenstein on Monday, May 5, 2008.Homeowners who live in mobile home parks are paying anywhere from 8-15% interest on their mortgages- way more than people who own other types of housing. That only makes it harder to pay the bills for those homeowners who often live on moderate or fixed incomes. But home mortgage giant Fannie Mae and local banks are starting to look at some of these communities in a new way. New Hampshire Public Radio’s Dan Gorenstein reports. listen:
Horrors in the Housing MarketBy Laura Knoy on Monday, May 5, 2008.Housing prices continue to drop, home sales have plummeted over 40%, houses stay on the market longer than they have in a decade and foreclosures have doubled once again. But there are small bright spots - lower home prices mean more options for first time homebuyers, plus low interest rates could help those trying to refinance. We’ll explore the state of real estate in New Hampshire. Guests
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A Bright Spot in Gloomy Real Estate MarketBy Kevin Forrest on Wednesday, April 30, 2008.Across the country, bad news abounds on the real estate front. But there are bright spots, and one of them shines right here in the Granite State. The Vermont Standard's Kevin Forrest reports: listen:
The Housing Crisis Hits HomeBy Mark Bevis on Thursday, January 17, 2008.Governor Lynch this week told state lawmakers that he's worried about the state's economy. The interest and dividends tax revenues are predicted to run about 10 million dollars short because of the economic slowdown. And the nation's housing crisis could cause revenue from the real estate transfer tax to be down by about 15 million dollars. But as NHPR's Mark Bevis reports, problems in the housing market are affecting more than just the state's budget. listen:
The Mortgage MeltdownBy Laura Knoy on Monday, December 10, 2007.For some time now, states like New Hampshire have been trying to control the fallout from the foreclosure wave that’s hit the country. Now the federal government is stepping in – President Bush has unveiled his new proposal and Congress has its own ideas as well. We’ll get the details and look at the potential impact of these plans. Guests
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