Rental Market

ULI Terwilliger Center for Housing / Flickr/CC

A new report from the New Hampshire Housing Finance Authority says the affordable housing market has gotten even tighter this year. The survey polled owners and managers of more than 23,000 market rate rentals across the state, earlier this year. 

The results revealed that rent prices are rising and less housing is available.

  • The median rental price for a two bedroom unit increased 4% since 2018
  • The statewide vacancy rate decreased from 2% to less than 1%.

 

AirBnb, an online service that allows homeowners to rent their homes out to short-term visitors, has taken off in the last few years, and has helped foster a new way of travel and lodging. We look at how AirBnb and other rental services impact our housing market, rental prices, and neighborhoods, tourism, and other lodging options.

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If you are having trouble buying a home in New Hampshire right now, you are not alone.

New data released by the New Hampshire Housing Finance Authority shows that a dearth of single family homes is driving up prices, with many sellers receiving multiple offers above the listing price.

In the southern region of New Hampshire and on the Seacoast, vacancy rates are low, housing prices are high, and there is a lack of affordable housing for families and young adults. In the northern and western parts of the state, substandard housing remains a problem. As part of the The Balance series on NHPR about the cost of living in the Granite State, we look at why our state continues to have issues, and how some cities, like Londonderry, are turning to mixed community developments. 

This program will air on Thursday, April 26 at 9 a.m., and will be rebroadcast again at 7 p.m.  It was originally broadcast on March 13.

A bill that could double the maximum security deposit for most New Hampshire renters drew support from local landlords at its first hearing Wednesday — but also warnings that it would exacerbate New Hampshire’s already severe homelessness problem.

NHPR

Year-end reports show positive trends: from very low unemployment to the addition of 17,000 jobs in 2016. However, rental prices continue to rise, and while the Granite State has plenty of jobs, it badly needs people to fill them.

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More businesses are tapping into the tiny house trend, letting customers try out the downsized lifestyle before diving in.

A company started by Harvard students is renting out houses of only 160 square feet in New Hampshire to give customers a test run of tiny living. 

ULI Terwilliger Center for Housing / Flickr/CC

We're looking into New Hampshire’s affordable housing problem: how it happened, what’s changing, and what the obstacles are to fixing it.

GUESTS

  • Dean Christon – executive director of the New Hampshire Housing Finance Authority
  • Dennis Delay– economist at the New Hampshire Center for Public Policy Studies and co-author of a new three-part report commissioned by the New Hampshire Housing Finance Authority.

CALLOUT

ULI Terwilliger Center for Housing / Flickr/CC

More Americans than ever are renting rather than buying. Reasons range from more stringent mortgage requirements to lifestyle preferences for mobility over stability. Some say owning a home is still a great bet. But others say it’s time to rethink that notion, as well as the tax benefits that favor owners over renters.