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The Registry Review: Dec. 30, 2024

Page 1

Vol.46, No.53

www.thewarrengroup.com

W E E K O F M O N D A Y, D E C E M B E R 3 0 , 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

TO-DO LIST

Barrington US ROUTE 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14,950,000 B: 66 Old Concord Tpke LLC S: Sterling Realty LLC

Keene 75 RAILROAD ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . $12,475,000 B: 75 Railroad LLC S: Nep Keene Cy Nh Owner LLC Mtg: Ledyard Natl Bk $7,200,000 Use: Commercial Use, Lot: 16988sf

Portsmouth

NH Housing Advocates’ Next Steps in 2025 Executive Actions by Ayotte, Moves by Legislature Hoped For BY ETHAN DEWITT NEW HAMPSHIRE BULLETIN

Keene 101 KEY RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,000,000 B: Key Road Development LLC S: Northamptonboys3 LLC Mtg: Primary Bank $3,750,000 Use: Commercial Use, Lot: 15682sf

Sunapee 14 GARNET HILL RD. . . . . . . . . . . . . . . . . . . . . . . . . . $4,375,000 B: John M Oliver & Cynthia L Oliver S: Janet Binette & George Binette Mtg: Rocket Mortgage LLC $2,625,000 Use: Residential-Multiple Bldgs, Lot: 139392sf

Moultonboro 38 ADAMS SHORE RD. . . . . . . . . . . . . . . . . . . . . . . . . $3,800,000 B: Bradley Cox & Sonia Pasquale S: Karen L Hackett & Robert H Carlisle

Sunapee 182 JOBS CREEK RD. . . . . . . . . . . . . . . . . . . . . . . . . . $3,597,000 B: Jacqueline M Hudkins, Tr for 182 Jobs Crk RT S: Deborah E Mccarthy & Charles E Mccarthy

Lincoln 211 S PEAK RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,250,000 B: Giorgos Zacharia & Snezhina Zacharia S: Slopeside 20 LLC Use: 1-Family, Lot: 14810sf

Bridgewater 122 OLD CLUBHOUSE LN . . . . . . . . . . . . . . . . . . . . . . $2,775,000 B: Steven R Powell, Tr for SDP RT S: Matthew Hughes & Melissa Hughes

Portsmouth NEW CASTLE AVE. . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,700,000 B: Paul Doisneau, Tr for Paul Doisneau 2021 RET S: Brian L Bowers, Tr for Straus-Bowers & Bowers Ft

N

ew Hampshire’s housing shortage dominated candidate platforms this election season, from the battle for governor to the races for the state House. And it has been top of mind for many voters, polls indicate. “The reality is the public opinion is changing on this, and it is changing in the way of looking for more housing options,” said Nick Taylor, the newly chosen director of Housing Action New Hampshire, a coalition of advocacy groups. A December UNH Survey Center Poll shows that 77 percent of Manchester residents support zoning code changes to increase housing, Taylor noted. And he pointed to an additional, statewide survey by Saint Anselm College in June that showed that 75 percent of respondents believe more housing needs to be built in their own communities. “This is really important, as we look at the legislative session, to remember that the loudest voice is not the majority,” Taylor said. “The majority of New Hampshire residents want action on this and they need action on this.” Now, with Republican Gov.-elect Kelly Ayotte set to take office in January and expanded Republican majorities in the House and Senate, the challenge is on to meet those expectations.

INDEX REAL ESTATE RECORDS PG

COUNTY

TRANSACTIONS THRU

3 Belknap �������������������������� 12/13/24 3 Carroll ���������������������������� 12/13/24 4 Cheshire ������������������������ 12/13/24 4 Coos �������������������������������� 12/13/24 4 Grafton ���������������������������� 12/13/24 5 Hillsborough ������������������ 12/13/24 7 Merrimack ���������������������� 12/13/24 7 Rockingham ������������������ 12/13/24 9 Strafford ������������������������ 12/13/24 9 Sullivan �������������������������� 12/13/24 10 Bankruptcies 10 Lien & Attachments 10 Foreclosure, Mortgagee & Other Lien Auctions 10 Requests for Bids & Proposals

Incoming Gov. Kelly Ayotte said the voters she heard from during her campaign convinced her that the housing shortage is constraining the state’s growth.

Here’s what housing advocates are watching for in 2025.

Ayotte Promises to Reduce State Approval Processes Ayotte said the voters she heard from during her campaign convinced her that the housing shortage is constraining the state’s growth. “This is really about our future,” Ayotte said. “It’s about our now and it’s about our future.”

Speaking to Elissa Margolin, the incoming director of housing programs at Saint Anselm College, Ayotte called for an “all of the above” housing approach, and repeated her promises to work to streamline the approvals process for housing developers from state agencies such as the Department of Environmental Services and the Department of Natural and Cultural Resources. “You can get stuck in one place or the other, and you can languish there for a while,”

NEW HAMPSHIRE MARKET STATISTICS

Lebanon 93 ETNA RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,625,000 B: Elan U S A Corp S: Alpina D O O LLC Mtg: Ledyard Natl Bk $2,231,250 Use: Commercial Warehouse, Lot: 303613sf

iStock photo

3 CURRIERS CV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,800,000 B: Todd A Dagres & Elizabeth Dagres S: Kathryn E Soave-Bailey

Number of Mortgages for Single-Family Homes

2200 2000 1800 1600 1400 1200 1000 800 600 400 200

2,400 2200 Both 2,000 2000 Refinance Purchase 1,800 1800 1,600 1600 1,400 1400 1,200 1200 1,000 1000 800 800 600 600 400 400 200 200 Nov. Dec. Jan. Feb. Mar. Apr. May June

Nov. Dec. Jan. Feb MarchApril May June July Aug. Sept Oct. Nov.

Continued on Page 12

Want to see your news Both featured in a Refinance future issue of Purchase The Registry Review?

July Aug. Aug. Sept Sept. Oct. Oct. Nov. Nov. Nov. Dec. Jan. Feb MarchApril May June July ’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. Nov.

’20

Purchase

Refinance

Both

Nov. 2020

Refinance

1,314

3,670

4,984

Nov. 2021

1,277

3,022

4,299

Nov. 2022

837

928

1,765

Nov. 2023

694

651

1,345

Nov. 2024

800

836

1,636

Purchase

2000

0

BothMonth

Refinance

5000

Jan.

Jan. Nov. ’21

Jan.

Jan.

Jan. Nov. ’22

Jan.

Jan.

Jan. Nov. ’23

Jan. Nov. ’24

❑ Statistics based on single-family home sales ❑ Source: The Warren Group

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