This Spooky Weare, New Hampshire House Listing Is Getting National Attention

By KIMBERLEY HAAS A New England couple’s house listing has gone viral because it features photos of the fictional character Michael Myers from the “Halloween” series of slasher films. A man is seen holding a knife on the property and inside the house, which is listed for $375,000. It is located at 73 Guys Lane in Weare, New Hampshire. Realtor Tommy Bolduc of Keller Williams Realty-Metropolitan said on Tuesday morning that the two-bedroom, two-bathroom house has been popular online since it hit the market on Sept. 30. “Anybody who is looking for a house in Weare knows about it now,” Bolduc said in an interview with The Mortgage Note. As of 6:45 p.m. on Oct. 5, the listing had been viewed…

Bill Stevens Appointed To St. Mary’s Board Of Directors

St. Mary’s Bank appointed Bill Stevens as the newest member of its Board of Directors in their September meeting. Stevens, who is president and owner of Harvey Construction Corporation, will fill the spot of a former director who resigned due to ill health. “Bill, a long-time member of St. Mary’s Bank, is genuinely committed to the mission of our credit union,” said Steve Grzywacz, chairman of the board. “With his business acumen and deep roots in New Hampshire, he will make a great addition to our board.” Stevens oversees Harvey’s business and construction operations. Harvey is a leading commercial construction firm. He holds a degree in civil engineering from the University of New Hampshire. His prior experience includes project management…

What’s The Buzz About Portsmouth, New Hampshire?

By CHUCK GREEN Portsmouth, New Hampshire. Is it the place to be? Why not? Portsmouth’s a medium size coastal city with 22,277 residents as of July 1, 2021, according to the U.S. Census Bureau. The city’s rife with attractions including a new jazz club, theaters, restaurants, overall safety, outdoor living, and the school district has 6 schools with 2,531 students. Here’s the scene from Jimmy’s Jazz & Blues Club on New Year’s Eve: Happy New Year’s Eve from Portsmouth, NH! pic.twitter.com/5wwd4JU4sJ— Kimberley Haas (@KimberleyHaas) January 1, 2022 The Seacoast region has and will continue to benefit from market demand that is generated by people looking for a higher quality of life within an urban setting, Jim Goldenberg, principal of Cathartes,…

Half Of June’s Hottest Housing Markets Are In New England

As the housing market starts to cool off, last year’s buying trends are being upended. Western metros that topped charts last year for popularity and home prices have taken a back seat to more affordable, cooler areas in the East, according to a new report from Realtor.com. For the first time in the history of Realtor.com’s data, Western locations are completely gone from June’s list of hottest real estate markets. Topping the list for the first time ever, Concord, NH, is now the U.S.’s hottest housing market, based on the number of individual home listing views on Realtor.com and how quickly homes are selling there. The top five metros were Concord; Manchester, NH; Burlington, VT; Portland, ME; and Burlington, NC.…

Building Slowed Down By Shortage Of Electrical Transformers

By KIMBERLEY HAAS Near one of the hottest housing markets in the country, a local builder says a shortage of electrical transformers is slowing down progress on 166 condo units. Joshua Manning, General Manager at Lewis Builders Development in Atkinson, NH, says they are trying to complete a new construction project in Epping, NH, where the median listing home price is $581,500, according to Realtor.com. When Manning ordered the 20 electrical transformers he needs last year, there was no indication there would be an issue. Now he wonders when the order will be completely filled. “It’s never taken this long to get electrical transformers for new houses,” Manning said in a recent interview with The Mortgage Note. Manning said he…

New Board Leadership At Nation’s First Credit Union

St. Mary’s Bank has elected Stephen Grzywacz as Chairman and Elizabeth Hitchcock as Vice-Chairman, the company announced in a press release. Grzywacz served on St. Mary’s Board of Directors since 2010 and is President and CEO of Milford Lumber Company and Muir Lumber Corporation. He is also Treasurer and CEO of P.J. Currier Lumber Company, and is a Trustee/Chairman for Manchester High School Central Alumni Scholarship Trust and Trustee for Holy Trinity Cathedral. Grzywacz will replace past Chairman Guy Chapdelaine, who will remain on the Board of Directors. Elizabeth Hitchcock has served on the Board of Directors since 2015. She is a General Partner at the Millworks Fund, an investment fund supporting New Hampshire’s startup community. Hitchcock was an Outstanding Women’s…

Help Us Highlight Those Who Are Supporting The People Of Ukraine

The people of the world are watching the horror unfolding in Ukraine, and we at The Mortgage Note want to highlight those in the housing industry who are stepping up to help. News of realtors collecting donations for those affected by the invasion is already spreading. In Winterville, NC, Realty One Group has collected cheer boxes to be donated to Ukrainian refugee children. According to WNCT-TV’s Claire Molle and Courtney Layton, owners Heather Garris and Scott Corbin asked for shoeboxes filled with gifts, toys, and notes for refugee children who fled from Ukraine to Poland. Realtors at Berkshire Hathaway Verani Realty Office in Exeter, NH, boxed up diapers, clothes, and toiletries last week to send to Ukrainian refugees. Mike Cronin…

Home Showings Skyrocketed In 2021

Home showings skyrocketed in 2021 as potential buyers scoured the hot housing market for a new home, according to a new report from ShowingTime. ShowingTime, a residential real estate showing management and market stats technology provider, released a report showing 2021 ended with an 11.5% year-over-year (YOY) increase in home showing traffic. The report notes that showings slowed as stock shortages continued to plague the housing market, but the ratio of showings per listing remained high in busy areas. “2021 was a banner year for residential real estate as buyer demand was up nationally for most of the year, pushing the ratio of showings per listing to historic highs,” said ShowingTime Vice President and General Manager Michael Lane.  Seattle and…

Victims Of Mortgage Ponzi Scheme Can Seek Compensation

By KIMBERLEY HAAS People who were victimized by what investigators have called the biggest Ponzi scheme in New Hampshire history can apply for compensation. In a news release, officials from the state’s Department of Justice announced that victims of Financial Resources Mortgage, Inc., and CL&M, Inc., can start filing applications to seek compensation from the FRM Victims’ Contribution Recovery Fund. People can submit an application either by printing, filling out, and mailing the paper version or by completing and sending the electronic version. The application deadline is May 18. After Financial Resources Mortgage collapsed in 2009, the U.S. Securities and Exchange Commission charged Scott Farah of Meredith, NH, and Donald Dodge of Belmont, NH, claiming they operated a fraudulent Ponzi…

Hot Market, Inflation Causes Rental Rates To Skyrocket In America

By KIMBERLEY HAAS More than a quarter of the states in the country have experienced a rental price increase of 20% or more in 2021 and a senior research analyst says people moving out of cities and into more rural communities are partially to blame. Nick VinZant works for QuoteWizard by LendingTree. He co-authored an article that was published this month which shows that Florida had the highest percentage increase in the nation at 29%. The average rent for a one-bedroom apartment in Florida is about $1,425. Arizona, Georgia, Idaho, Massachusetts, Nevada, New Hampshire, New Mexico, New York, North Carolina, Rhode Island, Tennessee, Utah, and Washington all saw rents increase by more than 20% for one-bedroom apartments in 2021, according…