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New Hampshire Business Form

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'S BUSINESS. I'M FRED COKER, NEW HAMPSHIRE REALTORS ARE TELLING ME IT'S TOUGH TO BUY OR SELL A HOUSE IN NEW HAMPSHIRE RIGHT NOW. THEY SAY THE HOUSING MARKET IS WEAK AND SOME SAY IT'S IN A CRISIS MODE. WELL, HERE IS SOME NUMBERS THAT MAKE THE POINT. BUYING AND SELLING A HOUSE IN NEW HAMPSHIRE IN JULY, MEDIAN SALES PRICE 480,000. THAT'S UP 6.7% PENDING SALES, 1302 DOWN 8.2%. CLOSED SALES 1142. DOWN 22.8%. AND THE REFINANCING RATES IN NEW HAMPSHIRE, THE MORTGAGE AND REFINANCING RATES. LOOK AT THIS. THE NATIONAL AVERAGE, 30 YEAR FIXED MORTGAGE. APR 7.56%. THE NATIONAL AVERAGE 30 YEAR FIXED REFINANCE. APR 7.77%. SO HOUSING SHORTAGE IN NEW HAMPSHIRE. WE'VE TALKED ABOUT THAT HERE ON NEW HAMPSHIRE'S BUSINESS, 23,000 MORE UNITS OF HOUSING TO MEET THE CURRENT DEMAND IS PROJECTED AND 90,000 MORE UNITS OF HOUSING NEEDED BY 2040. THERE'S A SHORTAGE. AND WITH ME TO TALK ABOUT ALL OF THIS AND TRY TO MAKE SENSE OF IT, I HOPE, IS KATHY ALL

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