The Registry Review: Feb. 21, 2022

Page 1

Vol.44, No.08

www.thewarrengroup.com

W E E K O F M O N D A Y, F E B R U A R Y 2 1 , 2 0 2 2

THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group

WEEKLY SALES OF NOTE

SEARCHING FOR HOMES

Londonderry 219 ROCKINGHAM RD. . . . . . . . . . . . . . . . . . . . . . . . $41,116,000 B: Cre-Provender 219 Rockingham LLC S: 219 Rockingham MZL LLC Use: Commercial Warehouse, Lot: 618204sf 6 ROCKINGHAM RD. . . . . . . . . . . . . . . . . . . . . . . . . . $25,957,000 B: Cre-Provender 6 Rockingham LLC S: 6 Rockingham MZL LLC Use: Commercial Warehouse, Lot: 560182sf

Moultonboro 19 STUART CIR. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $865,533 B: Kent A Ford Tr, Tr for Kent Arnold Ford RET S: Frederick E Parks Jr & Lisa Parks Mtg: Morgan Stanley $692,400 Use: 3 Bdrm Cape Cod, Lot: 81457sf

Hanover 82 LORDS HILL LN . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,500,000 B: Winthrop D Piper 2nd Tr, Tr for Winthrop D Piper 2nd T S: Clifton W Farrell & Michelle L Farrell

Portsmouth 115 MIRONA RD U:1-7. . . . . . . . . . . . . . . . . . . . . . . . $2,600,000 B: Helix Holdings LLC S: Scotia Properties LLC Use: Retail Condo

Rye 54 BAKER AVENUE. . . . . . . . . . . . . . . . . . . . . . . . . . . $1,900,000 B: Porti Holdings LLC S: Sheila P Sullivan Tr, Tr for Sheila P Sullivan RET

Salem 360 N BROADWAY. . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,900,000 B: Iglesia Pentecostal Casa De Restauracion Inc S: 360 N Broadway LLC

Peterboro 80 CONCORD ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,550,000 B: 80 Concord St Hldg LLC S: Parabery LLC

Somersworth 384 ROUTE 108. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,550,000 B: Amerital Properties LLC S: Gerald T Gowen Mtg: Merrimack Cnty SB NH $1,802,000 Use: Lumber Yard, Lot: 254390sf

Exeter 192 COURT ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,520,000 B: Exeter Elms LLC S: Court Street Camp LLC

Nashua 518 AMHERST ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,490,000 B: E&M RE Prop Svcs LLC S: Focus Realty Group LLC Mtg: Middlesex FSLA $1,555,000 Use: Auto Repair, Lot: 25395sf

PG

3 3 4 4 5 5 6 7 8 8 10 10 10 10

Section 8 Recipients Face Barriers to Housing Bill to Outlaw ‘No Section 8’ Fails House Committee BY ETHAN DEWITT NEW HAMPSHIRE BULLETIN

B

y the time Susan Bell accepted her parents’ offer to live with them, she had already experienced one of the hardest months of her life. Back in October, the 55-year-old had endured two stays in the local hospital, first for double pneumonia and later for an ear infection. She had said goodbye to her 16-year-old beagle, Bella, an emotional support animal. And she’d left her apartment in a downtown Dover housing complex – a mutual agreement, she says – sending her into a housing search that had forced her to live in her car for days on end. But Bell was soon to discover an even greater challenge: finding a landlord who would rent to her. As a recipient of Section 8 housing assistance, known as the housing choice voucher, she had guaranteed rental assistance. These days, however, few landlords or letting agents are even entertaining her application, she says. The conversation stops at the words “Section 8.” “Under the law, you can’t discriminate based on age, sex, religion, disability,” Bell said. “So how are you going to tell me that you don’t feel that’s discriminatory?” A bill looking to bar that practice, House Bill 1291, failed to pass the state House of Representatives’ Judiciary Committee earlier this month. It would have prevented landlords from

Voucher Holders Face Challenges Bell is not new to the housing choice voucher program. From 2009 to 2020, she lived in a condominium in the city, supported by the vouchers. It was centrally located with a private entryway – ideal for her needs. But after her landlord’s mother died in 2020, Bell’s landlord decided to sell the condo, and Bell found herself returning to the market.

$425,000 425000

REAL ESTATE RECORDS

$375,000 375000

Belknap �������������������������� 02/04/22 Carroll ���������������������������� 02/04/22 Cheshire ������������������������ 02/04/22 Coos �������������������������������� 02/04/22 Grafton ���������������������������� 02/04/22 Hillsborough ������������������ 02/04/22 Merrimack ���������������������� 02/04/22 Rockingham ������������������ 02/04/22 Strafford ������������������������ 02/04/22 Sullivan �������������������������� 02/04/22 Bankruptcies Lien & Attachments Foreclosure, Mortgagee & Other Lien Auctions Requests for Bids & Proposals

tance into homelessness. Landlords have opposed the bill, contending that it would effectively force many to enter into a program that can incur more cost, maintenance regulations, and paperwork. For Bell, though, the bill was a chance for hope.

Single-Family Median Sales Price $400,000 400000

TRANSACTIONS THRU

using a potential tenant’s Section 8 assistance as a reason for denying their application. Sponsored by Rep. Cam Kenney, a Durham Democrat, the bill designated the refusal to rent to those in the housing choice voucher program an unlawful discriminatory practice under the state’s human rights statute. Violation of the bill would have resulted in a human rights lawsuit before the Commission for Human Rights. The bill made exceptions for landlords renting properties that are above the price allowed by the voucher, and properties that fail to meet housing quality standards from the U.S. Department of Housing and Urban Development. Housing advocates had argued the bill is key to preventing systemic discrimination that can force many beneficiaries of housing assis-

NEW HAMPSHIRE MARKET STATISTICS

INDEX COUNTY

A bill seeking to make more landlords accept federal Section 8 housing vouchers failed to win the support of legislators in Concord this month.

$350,000 350000 $325,000 325000 $300,000 300000

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

Dec. Jan. Jan. Feb. Feb. March Mar. April Apr. May May June June July July Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Dec Dec. Dec. ’20

’21

Number 400000 $400,000 of Sales 360000 $360,000

Year

Median Price

Change Prior Year

320000 $320,000

Dec. 2017

$250,000

5.25%

280000 $280,000

Dec. 2018

$252,867

1.15%

240000 $240,000

Dec. 2019

$287,250

13.6%

Dec. 2020

$326,000

13.49%

Dec. 2021

$380,000

16.56%

200000 $200,000

Continued on Page 12

Dec.

Dec. ’17

Dec.

Dec. ’18

Dec.

Dec. ’19

Dec.

Dec. ’20

Dec.

Dec. ’21

q Statistics based on single-family home sales of $1,000 q Source: The Warren Group

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The Registry Review: Feb. 21, 2022 by The Warren Group - Issuu