Newly released polling data show an increase in pro-housing attitudes among Granite Staters again this year as New Hampshire grapples with its ongoing problem of housing affordability, according to the 2024 Saint Anselm College Survey Center poll on housing.
Home prices continued to rise and the ability of buyers to afford one continued to drop in New Hampshire in June, but the silver lining is that inventory is up slightly, according to the New Hampshire Association of Realtors monthly market report.
The company maintains the tenant association’s view represents a small minority and that nearly 75% of the original residents of Devenscrest Village “chose to renew their leases at substantially below fair market rates, upgrade to a renovated apartment at a discounted rate or successfully relocate with our financial assistance. It is incredibly unfortunate that the Tenant Association, which does not speak for the majority of residents at Devenscrest Village, seeks to tarnish such a vibrant community of hard-working individuals and families.”
Wolf said she is stunned by the state’s rental unit vacancy rate of 0.8%, which she called “crazy low.” Nationally, the vacancy rate is 5.8% overall, and 5.6% for two-bedroom apartments. “You live here and you are used to this,” she said. But she found the numbers so “bizarre” that when she was reviewing them in preparation for her talk, she asked Kimberly Byrum, Zonda’s multifamily housing expert, if she was reading them correctly. She was.
The City of Manchester received a tentative $1,201,000 from 15 surplus properties on Saturday morning from an auction held at JFK Coliseum.
In 2022, the city was already starting to see residential projects, particularly downtown and in the Millyard taking off. But things picked up after the $44 million Build Back Better Regional Challenge grant was awarded by the U.S. Economic Development Administration, announced in November of that year, Jodie Nazaka, director of the Manchester Development Office, told Ink Link Tuesday. “That’s a trend we don’t see slowing down anytime soon,” she said.
In the span of 24 hours stories in three New Hampshire news outlets, on ostensibly three different subjects, collectively pointed to an increasingly greater threat to New Hampshire’s economic future.
Rising housing costs, combined with diminished inventory, create barriers to adequate housing for both homeowners and renters across the Granite
Twice a day the fire department can expect a call relating to homelessness in some way, whether it’s a fire at an encampment that needs to be extinguished; the river flooded with high rains and campers are stuck on the banks, or a medical emergency requires the departments’ attention
This week, the City of Manchester’s Department of Planning and Community Development officially announced a draft of a new proposed zoning map for Manchester.