NH Business Review
Nov 7, 2024 · The NH Business Review Best of Business (BOB) Awards are back, celebrating the MVPs of the local B2B world. This is your chance to vote for the standout businesses that consistently bring their A-game and make the Granite State economy shine! Vote now through December 31, 2024. More information >.
As housing costs rise, experts say zoning reform needed to …
11 hours ago · Rob Dapice was delighted to learn that housing was on the minds of most lawmakers in the State House last session. The results, though, not so much. Last session, the legislature formed the first-ever special committee on housing and filed dozens of bills that looked to amend zoning ordinances ...
News - NH Business Review
Nov 7, 2024 · NH Business Notebook: In praise of powerful women. NH Business Review forum Nov. 7 will feature five accomplished leaders. Mike Cote. November 4, 2024. Banking and Finance, Education, Government.
Fed rate cut has had little effect on NH housing so far
6 days ago · November 7, 2024. Paul Briand. 0. So far in New Hampshire, the Fed’s interest rate cut in September that was meant, in part, to ignite a more balanced housing market by lowering home mortgage interests has been a dud. On Sept. 18, the Federal Reserve announced a 50-basis point (bps) interest-rate reduction, marking the first cut in four years.
Down to Business - NH Business Review
Oct 24, 2024 · Down to Business Down to Business is a weekly NH Business Review podcast, which started in February 2020. Each week, Editor Mike Cote and Managing Editor Amanda Andrews sit down with local business professionals to talk about the latest business headlines and the news readers need to know about. Tune in wherever you listen to your favorite podcasts:
Conference addresses housing needs: Is Montana an example for …
Oct 29, 2024 · She noted that the median monthly rent in New Hampshire increased 57% from January 2017 to September 2024. At the same time, homelessness in the state grew by 68%. Using the example of Minneapolis, she said the city made a concerted effort to increase its rental housing supply. Rents decreased and homelessness decreased by 13%, according to Liang.
Lower interest rates a help — but not a fix — for NH housing
Sep 11, 2024 · Current mortgage interest rates stand at about 7% as the average 30-year fixed rate. With Fed action to lower its rate, Fannie Mae predicts that the average rate will be 6.4% by the end of 2024 and 6% in 2025. The key indicator on the state of New Hampshire real estate for McIntire is supply — how much inventory of single-family homes and ...
but won’t solve — housing crisis in NH - NH Business Review
Mar 7, 2024 · As a hedge against inflation, the Fed (the Federal Reserve) began raising interest rates (from near 0% to 5.50%) in 2022 and 2023 to offset the impact of inflation. Generally right now in New Hampshire, the rate for a 30-year fixed is 7.3%, while the rate for a 15-year fixed is 6.69%. That’s a far cry from the COVID year of 2020 when the ...
Despite tough market, New Hampshire housing optimistic about …
Apr 3, 2024 · The irony of Jussif’s struggle is that she helps aspiring homeowners across the state purchase property. At New Hampshire Housing, she is the managing director of the homeownership division, which focuses on lending programs for …
Unpacking New Hampshire’s Housing Crisis - NH Business Review
Aug 29, 2023 · While the housing market is cooling off in some parts of the country, it’s still scorching in New Hampshire. According to New Hampshire Housing’s 2023 New Hampshire Statewide Housing Needs Assessment, the state is short 23,500 homes and, without solutions, that number is going to dramatically increase in coming years.