NHAR Annual Convention in Portsmouth NH

June 14th, 2011

Have you signed up for the annual convention yet?  If not just follow this convention registration link to do so.

Want to see what you’ll be missing…. just watch this short video with photo highlights of last years convention!

 

 

2010 NHAR Convention, Convention, Education , , ,

An NAR Midyear Meeting Report

May 17th, 2011

NHAR President-Elect John Rice was one of 39 New Hampshire attendees at the National Association of REALTORS Midyear Legislative Meetings, held May 9-14 in Washington, D.C., and he filed this report:

NHAR President-Elect’s Notes from NAR Legislative Meetings

1. Monday May 9 Attended NAR’s new 3- hour each Leadership courses “Leadership 200 Becoming a Leader” and “Leadership 300 Enhancing Leadership Skills.” Both were fast-paced and interesting. Class consisted of AE’s, State Presidents and President’s Elects…Many worthwhile ideas that take the NHAR Leadership Course to the next level. Roger Turcotte was one of the instructors.

Read more…

Education, Leadership, REALTOR Association , ,

NHAR ~ Legislative Update

April 29th, 2011

NHAR ~ Legislative Update

April 29, 2011

Legislative Update
New Septic Rule; Shoreland Protection;
Sprinkler Mandates; SAFE Act Legislation

The following is a 2011 Legislative Update from your New Hampshire Association of REALTORS® Public Policy Committee, to keep you informed regarding its ongoing mission to protect the rights of our citizens and our members to use, enjoy and convey real estate in New Hampshire. Read more…

Education ,

Nominate a REALTOR Good Neighbor

April 22nd, 2011

Time to Nominate a REALTOR® Good Neighbor

 

 

NHAR 2010 Good Neighbor Dee Bittle (center),
with 2010 NHAR President Monika McGillicuddy
and St. Vincent de Paul Food Pantry director
George Weber following the 2010 recognition
ceremony at St. Peter’s Church in Concord.

Nominate a REALTOR® Good Neighbor:
$1,000 Awarded to Recipient’s Charity

The NHAR Good Neighbor program has named 11 award-winners in its eight years of existence.  Will you nominate — or be — the 12th?  Completed applications are due by Friday, May 20, 2011.

As always, the charity of the winner’s choice will be granted $1,000.

Last year, Concord REALTOR® Dee Bittle was the NHAR Good Neighbor for her work with the St. Vincent de Paul Food Pantry, which provides for those in need in roughly 20 communities in Greater Concord.

Good Neighbor recognizes the efforts of New Hampshire REALTORS® who are making exceptional contributions to improve the quality of life in their communities.  In addition to the $1,000 for his or her charity, the winner receives:

A ceremony at recipient’s charity of choice.
Coverage for that charity in the local media and NHAR.org.
A prestigious Good Neighbor crystal award.
Use of the Good Neighbor Award logo on his or her website and promotional materials.
Applications for the 2011 Good Neighbor Award program are due by Friday, May 20.

REALTOR Association ,

What’s up with the New Hampshire real estate market?

April 20th, 2011

What’s up with the New Hampshire real estate market?

I’m hoping it’s just that nasty winter we’ve had!   What do you think?

Monika

Income, employment rising in NH;
Will home prices follow?

By Peter Francese

Well, here we are in the fifth year of a home price slump that has hung around way too long.  The first quarter home sales 2011 data in the table below shows pretty clearly that, aside from a couple of exceptional counties, median selling prices are lower than they were in the first quarter of 2010.

What’s going on?  The state’s median household income is over $60,000/year and rising, unemployment is a low 5.6 percent and falling, and the number of people with a job is growing.  Under normal circumstances, those things would increase demand for homes and prices would rise.  But these times are obviously not normal.

Here are a few items that may partly explain the lack of first quarter home price appreciation.  First of all, it was a nasty winter here.  It’s real hard to display the value of a nice home when there are a couple feet of snow and ice all over it.  But winter is over, so moving forward, that excuse will no longer work.

Second, and more importantly, too many consumers remain in a bad mood.  If they own a home, they may be quite angry that it won’t sell for anywhere near what they think it’s worth, particularly if they were counting on the equity to buy their next home.  Buyers who have read about all the foreclosed homes nationwide may be expecting to buy at an unrealistically low price.  And rising gas prices are adding to the gloom.  We can only hope this bad mood lifts as spring unfolds.

But there is a third problem that is more long-term and structural, and that is this: New Hampshire has an aging population.  Whereas nationally, 60 percent of household heads are age 45 or older, in New Hampshire that number is 65 percent.  So the part of growth in home sales that comes from young, first-time home buyers is likely to be somewhat weaker here than in states where there are more young adult households.

The flip side of that coin is that New Hampshire has proportionally more Baby Boomers ages 45 to 64 than nationwide.  Older Boomers are known to be heavy buyers of second homes and may even be looking for a retirement home as well.  Note in Table I below that home sales jumped 29 percent in Carroll county, where almost half of all homes are second homes.  And median selling price rose 2.4 percent, despite falling 4.8 percent statewide.  Baby Boomers may be getting old, but they have assets.

The 2010 Census data that has been published so far shows that New Hampshire households (which the Bureau defines as any housing unit that is occupied year-round) increased 9.3 percent from 2000 to 2010, which is slightly below the national rate of 10.7 percent but above any other New England state.  The number of vacant units jumped 32 percent.  Nearly two-thirds of them were vacation or second homes or other kinds of homes that are not occupied year-round.

The 2010 Census revealed a 7.2 percent decline since 2000 in number of children in New Hampshire, a drop of 22,000 children.  Since birth rates didn’t drop that much, a sharp decline in the number of children in every New Hampshire county suggests that there was insufficient affordable housing for their young adult parents.

The bottom line is that for robust growth in future home sales, New Hampshire needs more young people who will become first-time home buyers.  This will only happen if more towns permit workforce housing for young families than they have in the past.  We probably can’t bring back the young people who left in the past, but perhaps we can do more to encourage a larger share of new college and high school graduates to stay by providing them with more housing options.

 

**In these counties, second homes were 24% or more of all dwellings.
Source: Census Bureau 2010 Census

 

Table I: Residential home sales/median price first quarter 2011

County Units sold Q1 % change 2010-11 Median $ Q1 % change 2010-11 % second homes
Belknap 126 6% $174,750 -3% 29%
Carroll 138 29% $182,250 2% 42%
Cheshire 93 6% $145,000 -9% 8%
Coos 42 -26% $60,000 -40% 25%
Grafton 106 -15% $168,500 -1% 24%
Hillsborough 492 1% $201,950 -7% 1%
Merrimack 234 3% $170,000 -11% 5%
Rockingham 443 1% $240,000 -5% 3%
Strafford 167 -9% $179,900 -5% 4%
Sullivan 51 -19% $135,000 2% 13%
Statewide 1,892 0.1% $197,000 -5% 10%
 

Peter Francese is an Exeter-based demographer and columnist for the
NH Association of REALTORS®.  He can be reached at peter@francese.com.

Education , ,

REALTOR Party Political Survival Initiative

March 30th, 2011
March 30, 2011

If passed, RPPSI would give REALTORS® the power
to shape this pivotal moment for home ownership

Earlier this month, the National Association of REALTORS® (NAR) announced the formation of the REALTOR® Party Political Survival Initiative, proposing a dedicated dues increase of $40, which would keep the REALTOR® organization among the most influential advocacy groups in America.

The proposal will be voted on by the NAR Board of Directors at the Midyear Legislative Meetings & Trade Expo in May.

Because the proposed dues increase is “dedicated” to this initiative, those dollars would be used exclusively to fund political advocacy efforts. If it is approved, over 50 percent of the NAR budget would be devoted to political advocacy, which consistently ranks among members as the No. 1 benefit they receive from NAR.

Two-thirds of the dollars raised would be returned back to state boards that have met their previous year’s RPAC fundraising goals, to be used in support of local candidates, issue campaigns, and other political advocacy efforts.

The leadership of the New Hampshire Association of REALTORS® is working with the leadership of our 14 local REALTOR® boards to provide a forum for your comments and concerns, to be heard by your NAR Directors prior to their voting at the May NAR Board of Directors meeting.

Your local, state and national REALTOR® leadership value your comments and want to hear from you.  You may contact your local board to provide comments, or:

To post a comment to NHAR click the “comments” button above right or below.

To post a comment to NAR, click here.

Send an email to NAR at rppsi@realtors.org.

To learn more, please visit the REALTOR® Political Survival Initiative page at REALTOR.org by clicking here.

Leadership, REALTOR Association , , ,

President’s Message: March 2011

March 21st, 2011

Roger Turcotte Presents the CBR course at NHAR!

March 15th, 2011

Certified Buyer Representative Course

Have you thought about taking the upcoming CBR course (certified buyer representative course) that is scheduled for March 23, 24 & 25 at NHAR in Concord but not sure if it’s worth your time and money?

The short answer is… hurry up and sign up because it is more than worth your time and your investment!

Check out my short video talking about why you need to take this course and then go register for the course by clicking this link to the NHAR sign up form but do it now!

Leadership , ,

President’s Message, holiday style

December 22nd, 2010

QR Codes ~ How to make your own

December 8th, 2010

QR Codes ~ How to make your own

I keep getting asked about how to make a QR Code so I thought I’d record this screen cast  showing how to make one. It’s really easy to do, so sit down turn your volume up on your computer (so you can hear me talk) and take some notes!  Oh, and please don’t laugh at me…as this was my very first attempt at screen casting!

If you need a QR code scanner or reader for your smart phone, just go to your app center and search for Bar Code scanners or key in  Zxing and you’ll find the one we use.

This is what a finished QR code can look like. This one has all my contact info but you can create one for just about anything. A listing, an open house…let your imagination fly!

Education, Resources, Technology , , , ,