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Lawmakers rallied around legislation that limits local restrictions on accessory dwelling units, parking, and residential development in commercial areas.
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Multifamily housing development has been a post-pandemic boon for downtown Manchester, New Hampshire, and interest in luxury apartments has also grown.
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The last time the market was considered balanced — when the number of homes for sale roughly matched the number of buyers — was back in October 2016.
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Currently, tenants in most apartments in New Hampshire can’t legally be evicted, even at the end of their lease, without a good cause such as failure to pay rent, damaging the property, endangering others or not meeting rental terms. That will change under the new NH state law.
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Some of the new laws address accessory dwelling units, mixed-use developments and permitting for new construction.
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For the first time in history, the median price of a single-family home in Greater Boston has surpassed $1 million, according to new data released by the Greater Boston Association of Realtors.
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The state's median income is $46,197.
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The New Hampshire real estate market continues to percolate, with housing prices soaring.
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Would-be homebuyers are finding lots of reasons to wait.
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The executive director of the nonprofit that runs Philbrook Adult Transitional Facility in Concord said he’s worried that selling the building could leave the 16 residents without a place to live.