Vol.42, No.12
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W E E K O F M O N D A Y, M A R C H 2 3 , 2 0 2 0
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
TOP LENDERS
Local Lenders, Big Banks Competed for Dominance in 2019 Mortgage Market
Laconia 1 AAVID CIR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,246,000 B: NM BYD LLC S: Aavid Thermalloy LLC
Concord 129 MANCHESTER ST. . . . . . . . . . . . . . . . . . . . . . . . . $6,500,000 B: Daval Realty Associates S: Sanel Realty Co Inc Use: Commercial Warehouse, Lot: 189922sf
Overall Number of Loans, Volume Continue to Rise as Top Lenders Slide BY CASSIDY NORTON
Seabrook
REGISTRY REVIEW STAFF
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13 BATCHELDER RD. . . . . . . . . . . . . . . . . . . . . . . . . . $3,500,000 B: C&J Seabrook LLC S: Amber Seabrook Assoc LLC Mtg: TD Bank NA $6,400,000 Use: Mixed Use-prim Comm & Rec, Lot: 1741648sf
he top mortgage lenders in New Hampshire slipped from their 2018 numbers while newcomers surged onto the field in 2019, according to analysis of mortgage data by The Warren Group, publisher of The Registry Review. Many of the top banks, credit unions and mortgage companies, while still maintaining position in the state’s Top Lenders, closed fewer loans for single-family purchases while mortgage companies gained ground as compared to their 2018 numbers.
Concord 102 OLD TURNPIKE RD. . . . . . . . . . . . . . . . . . . . . . . . $3,200,000 B: Segal Family Acquisitions S: Front 4 Holdings LLC Use: Industrial Warehouse, Lot: 174676sf
Croydon LOON LAKE CAMPGROUND. . . . . . . . . . . . . . . . . . . . . $2,400,000 B: Loon Lake Campground & Event Ctr LLC S: Loon Lake Campground LLC
Portsmouth
Among banks, Bank of New Hampshire lost the top spot by volume to Bank of America, but maintained its top spot by number of loans as compared to 2018.
3560 LAFAYETTE RD. . . . . . . . . . . . . . . . . . . . . . . . . . $2,400,000 B: Portsmouth Lafayette Rd LLC S: James A Landers Tr, Tr for Landers RT Mtg: Radius Bank $2,000,000 1 HARBOUR PL U:F. . . . . . . . . . . . . . . . . . . . . . . . . . . $2,350,000 B: Anne E Mcsally Tr, Tr for Anne E Mcsally RET S: Gregory Sancoff Use: 2 Bdrm Condo 15 MIDDLE ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,500,000 B: 15 Middle Street Real Est S: Salvatoion Army Mtg: Newburyport Five Cent $2,300,000 Use: Charity Property, Lot: 6120sf
Londonderry 5 BUTTRICK RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,100,000 B: TG 3 Real Est Londonderry S: KGJ&M LLC Mtg: TD Bank NA $770,000 Use: Office Bldg-general, Lot: 47044sf
A total of 14,246 single-family purchase loans were made in 2019, an increase of 295 loans, or about 2 percent, over 2018. By volume, lenders made $3.64 billion in singlefamily purchase loans in 2018 and just over $4 billion in 2019, an increase of 10 percent.
Atkinson 3 BRITTANY LN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $990,000 B: Anthony E Ligato S: John C Murphy & Diane Murphy Mtg: Nationstar Mtg $690,000 Use: 4 Bdrm Cape Cod, Lot: 87991sf
Lenders statewide made 14,246 purchase loans for single-family homes totaling more than $4 billion in volume; Residential Mortgage Services made the most of them with an 8 percent market share by volume and number. The mortgage company, headquartered in South Portland, Maine, was also first in loans and volume for condominium purchases with a 10 percent market share in both categories.
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$1200 1200
800
Both
INDEX 600
Refinance
$900 900
400
REAL ESTATE RECORDS TRANSACTIONS THRU
0
Feb Mar Apr May Jun Jul Aug Sep Oct 3 Belknap �������������������������� 03/10/20 3 Carroll ���������������������������� 03/10/20 4 Cheshire ������������������������ 03/10/20 4 Coos �������������������������������� 03/10/20 4 Grafton ���������������������������� 03/10/20 5 Hillsborough ������������������ 03/10/20 6 Merrimack ���������������������� 03/10/20 7 Rockingham ������������������ 03/10/20 8 Strafford ������������������������ 03/10/20 9 Sullivan �������������������������� 03/10/20 9 Bankruptcies 9 Lien & Attachments 10 Foreclosure, Mortgagee & Other Lien Auctions 10 Requests for Bids & Proposals
$600 600 $305 300
375
250
125
Feb. 14
Feb. 15
Jan. Feb Feb. Mar. Apr. May May June Jun. July Jul. Aug Aug. Sep Sept. Oct Oct. Nov Nov. Dec Dec. Jan. Jan Mar Apr. Jan ’19
500
0
Purchase
Nov Dec. Jan Feb
$0 0
Feb. 16
800 $800 700 $700 600 $600 500 $500 400 $400 300 $300 200 $200 $100 100 $00
Feb. 17
’20
Both Refinance
Feb. 18
Jan. 16 Jan.
’16
Month
Purchase
Refinance
Both
Both
Jan. 2016
$135
$347
$482
Jan. 2017 Purchase
$191
$376
$567
Jan. 2018
$185
$332
$517
Jan. 2019
$170
$218
$388
Jan. 2020
$197
$570
$767
Refinance
Purchase
Jan. 17 Jan.
Jan. 18 Jan.
Jan. 19 Jan.
Jan. 20 Jan.
’17
’18
’19
’20
Continued on Page 16
TO OUR READERS
Volume of Mortgages for Single-Family Homes
20 MARTIN HILL RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . $956,000 B: Timothy A Dewitt Tr, Tr for TMD RET S: Robert A Compton & Ruth M Compton Use: Commercial Building, Lot: 2613600sf
200
Last year was a challenging one for some segments of the buying market. As The Registry Review previously reported, Baby Boomers with deep pockets beat out firsttime Millennial homebuyers looking for a deal. The median purchase price for a singlefamily home in New Hampshire in 2019 was $285,000, while the condo median sale price climbed above $200,000 for the first time and closed out the year at a median sale price of $210,000.
New Hampshire Market Statistics
Wolfeboro
PG COUNTY
Lenders statewide made 14,246 purchase loans for single-family homes totaling more than $4 billion in volume. Among banks, Bank of New Hampshire lost the top spot by volume to Bank of America.
❑ Dollar amounts in millions ❑ Source: The Warren Group ❑ Statistics based on single-family home sales
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he Registry Review is online! After more than 40 years as a printed newspaper, all of the real estate information you rely on is now available at Both www.theregistryreview.com. (There are no plans to cease publication of the Refinance newspaper.) All current subscribers Purchase have complimentary access to the website. When you first visit the site, please click the “forgot password” button to set up your account. If you have any problems please call or email customer service at 617-896-5388 or customerservice@thewarrengroup.com. If you have any feedback or would like to contribute content, please email editorial@ thewarrengroup.com. Sincerely, Cassidy Norton Associate Publisher The Warren Group