Vol.46, No.48
www.thewarrengroup.com
W E E K O F M O N D A Y, N O V E M B E R 2 5 , 2 0 2 4
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
T R I F E C TA ’ S TA R G E T
Dover 111-408 REGENT DR . . . . . . . . . . . . . . . . . . . . . . . . $13,456,800 B: 7th Dover Assoc LLC S: Saijes Properties LLC
Rochester
After Win, State GOP Eyes Help for Housing Construction
21 NORWAY PLAINS RD. . . . . . . . . . . . . . . . . . . . . . $11,743,200 B: 1st Rochester Assoc LLC S: Saijes Properties LLC
Will Ayotte, Legislature Confront Local NIMBYs?
Manchester
BY JAY FITZGERALD
Portsmouth 20 ODIORNE POINT RD. . . . . . . . . . . . . . . . . . . . . . . . $3,950,000 B: Kenneth M Buttermore & Amber L Buttermore S: Kevin P Slover 10 MARKET SQ. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,500,000 B: Epha LLC S: 10 Market Square LLC Mtg: First Seacoast Bank $2,200,000 Use: Retail-Service, Lot: 2178sf
Portsmouth 233 VAUGHAN ST U:301. . . . . . . . . . . . . . . . . . . . . . . $2,900,000 B: Danny Parker LLC S: Thomas H Balon Jr & Kirsten S Balon Use: 3 Bdrm Condo
North Hampton 17 COTTON FARM LN. . . . . . . . . . . . . . . . . . . . . . . . . $2,650,000 B: Heidi K Haydock, Tr for Heidi K Haydock RET S: Courville Richard G Est & Ryan G Courville Mtg: Baxter CU $1,850,000 Use: 4 Bdrm Colonial, Lot: 91040sf
Meredith 2 WESTERN LN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,640,000 B: Alan Steward, Tr for A Steward & C Coleman JRET S: Robert J Nagri, Tr for Nagri FT Mtg: Total Mtg Svcs $1,980,000 Use: 2 Bdrm Colonial, Lot: 18731sf
Moultonboro 40 STICKS AND STONES RD. . . . . . . . . . . . . . . . . . . . $2,625,000 B: Caroline S Beer, Tr for Caroline Stark Beer RET S: Susan Relihan, Tr for Gene M Hoyt RET
Rye 218 WALLIS RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,475,000 B: Charles A Fast & Marlene S Veloso S: Patricia J Betti Mtg: Blue Water Mortgage $1,980,000 Use: 6 Bdrm Cape Cod, Lot: 138521sf
SPECIAL TO THE REGISTRY REVIEW
N
ew Hampshire Republicans are guardedly optimistic they can deliver on their campaign promises to pass new laws designed to boost badly needed housing construction across the state. As they were for the GOP across the country, recent election results were a boon to Granite State Republicans, with former Sen. Kelly Ayotte winning the gubernatorial race and with Republicans expanding their majorities in both chambers of the New Hampshire legislature. Now it’s governing time for the strengthened GOP – and some of its leaders say they know full well they’ll be closely watched and judged by how they handle housing issues in the coming legislative session. “Housing was one of the top issues on the campaign trail,” said state Rep. Jim Kofalt, RWilton, the House deputy majority leader. “It’s one of those issues that matters to everyone. It’s important to residents and businesses alike.” Kofalt said he expects lawmakers to tackle a number of housing initiatives after the new legislative session starts in January, including compromise legislation that would allow homeowners to build accessory dwelling units, also called ADUs, on their properties. Other housing-related matters lawmakers will be eyeing in the coming session include: streamlining the permitting process for new
INDEX REAL ESTATE RECORDS PG
COUNTY
TRANSACTIONS THRU
3 Belknap �������������������������� 11/08/24 3 Carroll ���������������������������� 11/08/24 4 Cheshire ������������������������ 11/08/24 4 Coos �������������������������������� 11/08/24 4 Grafton ���������������������������� 11/08/24 5 Hillsborough ������������������ 11/08/24 7 Merrimack ���������������������� 11/08/24 9 Rockingham ������������������ 11/08/24 9 Strafford ������������������������ 11/08/24 10 Sullivan �������������������������� 11/08/24 10 Bankruptcies 10 Lien & Attachments 10 Foreclosure, Mortgagee & Other Lien Auctions 10 Requests for Bids & Proposals
With solid majorities in the state House of Representatives and state Senate, and control of the governor’s office, New Hampshire Republicans have more power than they’ve had in years to push through laws of their liking.
construction, both at the state and local levels; supporting and possibly expanding the state’s Affordable Housing Fund; and leveraging state funds to secure more federal dollars for local housing projects.
Ayotte’s Agenda Inspiring GOP Many of those and other ideas come straight from Ayotte’s own housing agenda outlined during her recent successful run for governor.
And all the ideas are tied to a housing shortage most economists, and now apparently most lawmakers, believe is the ultimate cause of skyrocketing home prices and apartment rents that are slamming residents across the state. New Hampshire Housing, the state’s quasipublic housing lender, has estimated that the state needs at least 60,000 new housing units by 2030 to help relieve severe price pres-
NEW HAMPSHIRE MARKET STATISTICS Number of Mortgages for Single-Family Homes
Wolfeboro 350 SEWALL RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,400,000 B: Louis G Pelosi, Tr for Pelosi LT S: Mark R Boyce, Tr for Mark R Boyce T Use: 3 Bdrm Conventional, Lot: 13504sf
iStock photo
555 HOOKSETT RD. . . . . . . . . . . . . . . . . . . . . . . . . . $11,669,066 B: 555 Hooksett Rd LLC S: Linear Retail Manchester #2 LLC Mtg: Digital FCU $7,584,886 Use: Shopping Ctr/Mall, Lot: 69375sf
2200 2000 1800 1600 1400 1200 1000 800 600 400 200
2,400 2200 2,000 2000 1,800 1800 1,600 1600 1,400 1400 1,200 1200 1,000 1000 800 800 600 600 400 400 200 200 Oct.
Both Refinance Purchase
Oct. Nov. Dec. Jan. Feb MarchApril May June July Aug. Sept Oct.
Continued on Page 12
Want to see your news Both featured in a Refinance future issue of Purchase The Registry Review?
Nov. Dec. Dec. Jan. Jan. Feb Feb.March Mar. April Apr. May May June June July July Aug. Aug. Sept Sept. Oct. Oct. Oct. Nov. ’23
7000 7,000 6000 6,000 5000 5,000 4000 4,000 3000 3,000 2000 2,000 1000 1,000 00
’24
7000
Both
6000
Purchase
4000 3000
1000
Jan. Oct.
’20
Purchase
Refinance
Both
Oct. 2020
Refinance
1,484
4,525
6,009
Oct. 2021
1,224
3,246
4,470
Oct. 2022
979
996
1,975
Oct. 2023
714
854
1,568
Oct. 2024
873
1,123
1,996
Purchase
2000
0
BothMonth
Refinance
5000
Jan.
Jan. Oct. ’21
Jan.
Jan.
Jan. Oct. ’22
Jan.
Jan.
Jan. Oct. ’23
Jan. Oct. ’24
❑ Statistics based on single-family home sales ❑ Source: The Warren Group
©2024 The Warren Group Inc. All rights reserved. No part of this publication may be reproduced without the written consent of the publisher.
Send submissions for consideration to
editorial@thewarrengroup.com.