Vol.41, No.04
www.thewarrengroup.com
W E E K O F M O N D A Y, J A N U A R Y 2 8 , 2 0 1 9
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE Londonderry PILLSBURY RD.............................................................$9,210,600 B: Nvag Industrial NH LLC S: Wakefield Investments Inc Mtg: Minnesota Life Ins $16,800,000
Nashua 245 DANIEL WEBSTER HWY........................................$7,150,000 B: Sarnia Seacoast LLC S: Forecast Nashua LP
New Castle Courtesy image / Tesla
WILD ROSE LN.............................................................$5,000,000 B: Christines New Castle LLC S: Edward M Glassmeyer Tr, Tr for EFG T 2
Moultonboro BEAN RD......................................................................$2,370,000 B: David L Parker & Janet M Tiampo S: Joson Wiggin Tr, Tr for Joann P Wiggin 2008 T
Center Harbor 18 DEW POINT LN........................................................$2,250,000 B: James A Schelzi Tr, Tr for James A Schelzi RET S: Harold E Watson & Deborah C Watson Mtg: Wells Fargo Bank $455,000 Use: 4 Bdrm Customdesign, Lot: 68825sf
Meredith 22 OAK ISLAND RD......................................................$2,225,000 B: David Rice & Jenny Morgan S: Barbara A Buoncontri Tr, Tr for Barbara A Buoncontri T Use: 6 Bdrm Contemporary, Lot: 79279sf
Peterboro US ROUTE 202..............................................................$1,670,000 B: Soclean Inc S: Juniper Vose LLC
Jackson 93 HILLER RD...............................................................$1,600,800 B: James Kaloutas Tr, Tr for Black Bear Cabin RT S: Dennis C Hiller & Patricia A Hiller Mtg: Sanford Instit Sgvs $1,280,640 Use: 5 Bdrm Conventional, Lot: 1120363sf
Stratham 90-R WINNICUTT RD....................................................$1,550,000 B: Continuum Rlty Stratham S: Jonathan B Treat Tr, Tr for Vivian B Treat RET Use: 4 Bdrm Contemporary, Lot: 2323926sf
Electric carmaker Tesla is marketing its a version of the same technology it uses in its high-performance automotive batteries as the “Powerwall,” a battery for the home that can be used to store solar power or as a backup power source. RESIDENTIAL RENEWABLES
Are Homes the Next Frontier in Energy? State Oks Pilot Program for Batteries in Homes BY JAMES SANNA REGISTRY REVIEW STAFF
N
ew Hampshire’s homes could soon be at the forefront of the next big thing in renewable energy, after the state’s Public Utilities Commission approved a home battery pilot program on Jan. 17. According to the commission’s decision, up to 1,000 Liberty Utilities customers will be able to sign up to have Tesla Powerwall 2 batteries installed in their homes.
16000 14000 12000 10000 8000 6000 4000 2000 TRANSACTIONS 0
T
Number of Mortgages for Single-Family Homes 4,000 4000 Refinance
3,200 3200
REAL ESTATE RECORDS
THRU
Purchase
2,400 2400
Oct. Nov. Dec. Jan. Feb. MarchApril May June July Aug. Sept. Oct.
3 Belknap ���������������������������� 01/15/19 3 Carroll ���������������������������� 01/15/19 3 Cheshire ������������������������ 01/15/19 4 Coos �������������������������������� 01/15/19 4 Grafton ���������������������������� 01/15/19 5 Hillsborough ������������������ 01/15/19 7 Merrimack ���������������������� 01/15/19 7 Rockingham ������������������ 01/15/19 8 Strafford ������������������������ 01/15/19 9 Sullivan �������������������������� 01/15/19 9 Bankruptcies 10 Lien & Attachments 10 Foreclosure, Mortgagee & Other Lien Auctions 10 Requests for Bids & Proposals
1,600 1600 800 800
00
Dec. Jan. Jan. Feb. Feb. March Mar. April Apr. May May June Jun. July Jul. Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Dec. Dec. Dec. ’17
’18
4000 4,000
20000
Both
Purchase
12000
3000 3,000
8000
0
Oct. 14
Oct. 15
Oct. 16
Oct. 17
Oct. 18
1000 1,000
00
Purchase
Refinance
Both
Refinance
Dec. 2014
885
2,152
3,037
Dec. 2015
986
1,970
2,956
Dec. 2016
1,103
2,566
3,669
Dec. 2017
1,102
1,871
2,973
Dec. 2018
985
1,533
2,518
Purchase
4000
2000 2,000
BothMonth
Refinance
16000
Dec. 14 Dec.
Dec. Dec.15
Dec. Dec.16
Dec. Dec.17
Dec. Dec.18
’14
’15
’16
’17
’18
❑ Statistics based on single-family home sales ❑ Source: The Warren Group
Continued on Page 12
TO OUR READERS
Both
INDEX PG COUNTY
Figuring out how to effectively store renewable energy so it can be used at peak times is crucial to expanding its use. If the pilot goes according to Liberty’s hopes, the batteries will pull in energy from the power grid during off-peak hours, including overnight, and then feed the energy back into the power grid during peak times. Homeowners in the pilot who have solar panels on their houses will also be able to charge the batteries during the day, and will be paid by Liberty for the power they put in. In all cases, participating customers will be able to draw on the power in the batteries in case of an outage.
New Hampshire Market Statistics
Portsmouth HARBOUR PLACE CONDO U:14....................................$1,200,000 B: Peter E Dodwell & Kathleen M Dodwell S: Edward Downey Tr, Tr for Christine D Moser RET Use: Condo
Liberty hopes the batteries will help stabilize its power supplies and make better use of renewable energy sources. The problem solar and wind power pose to utilities is simple. While cheap to generate – wind and sunshine cost nothing, while coal and natural gas must be bought – utilities can’t turn on renewable power sources with the flip of a switch when demand gets high. Added to that, peak electricity demand tends to cluster in the early morning and in the evening as people get up and get ready for the day, or when they’re home at the end of the day cooking or watching television – exactly the times that solar and wind power don’t often produce much energy.
❑ Dollar amounts in millions
©2019 The Warren Group Inc. All rights reserved. No part of this publication may be reproduced without the written consent of the publisher.
he Registry Review has for many years been a terrific source of real estate data in New Hampshire, but it has the potential to be much Both more. Beginning with this issue, the newspaper Refinancewill now feature articles from the staff of The Warren Group, Purchase publisher of The Registry Review; news briefs from real estate and financial institutions throughout the state; and analytics from The Warren Group’s proprietary data products. We invite readers to submit their news, feedback and story ideas to us at editorial@thewarrengroup.com. Sincerely, Cassidy Murphy Associate Publisher The Warren Group