A historic rehabilitation tax credit bill that would focus on creating housing, similar to one that passed last year but didn’t make it into the state budget, is going before the legislature again this session.
A weekly feature showcasing hot properties available in Manchester brought to you by the Manchester Ecomomic Development Office.
Weekly feature showcasing available spaces in Manchester – what’s your vision?
The Manchester Economic Development Office features properties that are for sale and in need of new life. This week two such properties are in the spotlight in what we call “Visions for Vacancies.”
The median sales price for a single-family home in New Hampshire in November dropped to the lowest it’s been since March, but the price of condos is quickly closing the gap, as low inventory continues to take its toll on the state’s housing market.
Median sales price for a single-family home in New Hampshire in October decreased for the second month in a row, and new listings, pending sales and inventory were up slightly, but those positive signs were overshadowed by an all-time low in affordability for potential home-buyers.
Home buyers looking for a cheaper condominium/townhouse option are finding that increasingly tough in New Hampshire as prices climb and inventory doesn’t.
In 2018, Brookstone, the former tenant, filed for bankruptcy for a second time and closed all mall stores. Since then, they relocated their headquarters, leaving this beautiful 3-story building vacant. With the pandemic behind us, and businesses altering their office space needs, Brady Sullivan Properties decided it was time to turn this former headquarters into beautiful apartment homes.
The cost of a single-family home in New Hampshire continues to be at an all-time high and the ability of home-buyers in the state to afford one at an all-time low, according to August’s sales figures.
The New Hampshire residential home real estate market continues to be tight, with lack of inventory and affordability remaining a tough one-two punch.
New Hampshire is the 10th most expensive state in the U.S. to own a home, and the top-ranked for increasing expense, according to an analysis by real estate industry website Agent Advice.
Encore Commercial, LLC announces the sale of two triple net-leased retail properties, Trader Joe’s and Friendly Toast, tenants in the Market and Main mixed-use development. The anchor tenants were purchased by the tenants themselves, with Trader Joe’s selling at a market-leading capitalization rate of 4.9%.