|
|
|
|
 Preshow #1 HousingReturn to index of stories... |
NOW on New Hampshire Outlook: The big chilll in the housing market and the impact on New Hampshire's real estate. Plus: |
| Preshow#2 7 Save Return to index of stories... |
The battle to preserve NH's heritage. And later: |
| Preshow #3 Rowing Return to index of stories... |
Remembering a pioneer in Rowing -- NH's Ernie Bayer. |
| Hello/Intro Housing Return to index of stories... |
You're looking at the Franco American Center in Manchester. The nearly century old building houses one of the nation's largest research centers of archival material.dealing with french history. It's future however, is uncertain. Hello I'm Beth Carroll. Bienvenue to NH Outlook. We're coming to you from the Beliveau Fine Arts Gallery inside the Franco--American Center. The center is now on NH's "7 to Save" endangered properties list. More on that and preserving NH's heritage in a moment -- but first: A look at the widespread cooling in the once HOT housing market. In NH, and around the country, there's been a dramatic change in the real estate market. Houses that used to sell in days now sit on the market for months. It's become a buyers market. And, as Outlook's Ally McNair tells us -- if you want to sell your house -- be prepared to lower the price. |
| NH Housing 2006 Return to index of stories... |
** track - Mark Nason has been selling real estate on the seacoast since 1989. Three years ago he filled us in on the skyrocketing prices. In early October, we went back to see how things are now. *** A - 1:55:57 In 2003 real estate was booming in Portsmouth There was not a lot out there what's happening now M - The market is changed it's a buyers market it's slowed considerably 2:10 track - Mark says - compared to 2003 - homes are staying on the market is two to three times longer. And there are a lot more for sale these days - not only in Portsmouth, but according to Economist Russ Thibeault, President of Applied Economic Research in Laconia, that's true all over New Hampshire. *** Sot Russ 50;45 There's about twice as many properties on the market as there were at the beginning this year. We've gone from 9000 listings statewide to 18- thousand residential listings. That's a high increase in listings this year. 50:47 ** BUTT SOT 51:42 We've got a 10 to 12 month inventory of properties. That's how long it would take to sell all those properties at the pace we've been selling at recently. So 12 months is the high end of normal range where we're almost stepping off the edge in terms of having too deep an inventory. 52:00 ** Track What does Russ mean by "off the edge?" Prices could go down dramatically. ** SOT 52:19 What could happen is they could drop 15 or 20 percent and we've seen that before in the early 90's when we had recession and high interest rates and overbuilding kinda a triple whammy a perfect storm in real estate and then we lost 25% in real estate but that's not in the cards now 52:39 ** track-- Even though there's more out there, that doesn't mean inexpensive homes have flooded the market. Mark shows us one of the few listings under 250 thousand dollars in Portsmouth. He's part owner. ** Full nat 25:22 it's on the market for 239 thousand. It's a1000 square feet fixer upper and it's been on the market for a while. ** track-- That's quite a change from 2003 - At that time, real estate agents weren't surprised if a "for sale" sign was taken down within days of being placed on a property. ** FULL Nat 26:44 A- Just as the stakes were going into the ground. - people were paying full price or above. M - weren't those the days? A - It's got to be a tough adjustment. M - It's a grind and it's hard work. 26:55 ** SOT 1:06:17 It happened kinda suddenly. Prices, everybody said prices can't keep going up but they did. 1:06:33 ** track - Between 1998 and 2004, Home prices doubled in New Hampshire. omes. ** SOT Russ 1:06:33 This year this was the turning point. The seesaw swung the other side. There was a bit of a slowdown last year. The rate of appreciation dropped 5 percent. I was running numbers as late as June, and prices were stable…The last six weeks statistically show price drop in NH….It's like throwing a tennis ball pretty steep up and a pretty abrupt downturn. 1:07:16 ** track - So what happened? Russ Thibeault says between 1998 and 2004 home prices rose twice as fast as household incomes. The cost of buying a new home hit the breaking point. To improve affordability, prices have dropped. And for sellers that can be painful. ** SOT 4:58 nobody likes to feel like they missed the top of the market it's not a good feeling 5:03: as part of that it's important that listing agents and brokers on a whole are armed with dialogue to convince sellers to be aggressive and reasonable about their pricing in order to move it in a timely fashion5:18 ** Track - RT says we should see a 15-20 percent improvement in affordability. Some of that improvement can come from lower interest rates and rising incomes - like the 5 to 7 percent increase a year in New Hampshire. Even if that occurs, it won't completely solve the problem. ** SOT 58:17income will fix about a third of this problem that still leaves 10 to 15 of current home prices that we've got to adjust either with lower prices or lower interest rates. 58:38 *** track - Neither Russ Thibeault nor Mark Nason predict that housing prices will be going up in the near future. *** SOT 39:14 here in seacoast, we were one of the fasted growing areas in the country year after year. The adjustment is going to be painful and could take is going to take some time ** SOT 1:01:00 its not a good market if you're an investor buyer too much risk. My advice if you don't think three years stay in the house, keep renting…too much risk in this market over 1 to 3 years. If think be there three years go out there shop and you'll probably get a good bargain in this market 1:01:25 ** Tag out For New Hampshire Outlook, I'm Ally McNair. *** |
| Tag Housing Costs Return to index of stories... |
The only county in NH that hasn't seen much of a real estate slowdown is Hillsborough County. Russ Thibeault says one explanation is that people looking to buy homes in Massachusetts believe they'll find something more affordable across the border in places like Nashua and Manchester. |
| Intro 7 to Save Return to index of stories... |
Is time running out on some of NH's architectural treasures? Preservationists say it's a distinct possibility. Some of the state's historic sites are in disrepair, century-old structures are in danger of being torn down, and neighborhood schools and museums which retain our links to the past have come under assault. If changes aren't made -- preservationists say NH risks losing irreplaceable landmarks. when it was threatened with development and buildings were hanging in the balance, with future very uncertain, the major steps have been taken towards preservation and conservation but more still needs to be done. |
| 7 to Save Return to index of stories... |
top of tape TRK1: In the shadow of the Epsom Bible Church - bulldozers make way for new development. Before long - the site of the century-old structure - will be home to a new convenience store. Nats 1:23 this is a landmark… 1:38 our job is to save church… the big issue is financing. Nats: 52:00 this is landmark can't believe Epsom didn't buy this… TRK2: The question before Townspeople - should the historic meetinghouse be razed, or SAVED. ON CAM: SOT/ its icons like this that are being destroyed everyday. We've had a covered bridge and a gristmill that we lost because people thought they weren't important and once you take a building down like this eh you cant put it back together again. 00:19:12 Beth Carroll/ IT'S BEEN A LANDMARK IN EPSOM SINCE 1861 AND IT STILL HAS ITS ORIGINAL STEEPLE AND STAIN GLASS WINDOWS. BACK THEN IT COST LESS THAN 3000 DOLLARS BUILD, TODAY TO MOVE IT, IT COULD COST ANYWHERE FROM 80 TOO 100 THOUSAND DOLLARS. DOESN'T INCLUDE MAINTENANCE LIKE A PAINT JOB…IT MEANS A HEFTY PRICE TAG. TRK3: But, is the town willing to foot the bill. Those hoping to preserve the structure Argue the building could be re-used as a community center and town office complex. 9:04-:-09 there is only 2 types of this architecture in NH TRK3: With its Greek Revival , Italianate and Renassiance Revival elements The former church is eligible to be listed on the National Register of Historic places. SOT: 00:02:41 . We're trying everything we can to eh convince the people to accept our building and move it down the road so we can have for generations to come. TRK: It's a battle being played out all over the state - as communities fight to preserve their heritage. Just look at the Daniel Webster Farm in Franklin. Threatened by condo development it was placed on America's 11 most Endangered Historic Places in 2005. TRK: Colin Cabot says the 140 acre farm give a glimpse into Daniel Webster's childhood. SOT; COLIN/ 37:11 There is a famous story of him hanging a sign on an oak tree which is out by the cemetery and then going off to college to become secretary of state and almost president of the United States 37:22 37:31 He was a child here, he kept a farm, even though he had a place in MA he always came back here every year for his life. TRK: At one time, Webster had called his Franklin NH farm, the sweetest spot on earth. But, in recent years the property had fallen into disrepair and its building were hanging in the balance. SOT: 5 of the roofs were leaking in the buildings when it was purchased by the trust for public land. TRK: Websters home, and several historic buildings on the land were saved by that purchase. Preservationists who gathered at the property say without the national trust listing -- the Daniel Webster farm might not have gotten the attention needed to preserve and protect it. At its annual meeting, the NH Preservation Alliance identified its "7 to Save" -- a list of important state landmarks at risk. SOT: WHAT ARE THE 7? 29:51-30:06 / Jennifer Goodman: The 7 are a mix of properties from all over the state, churches, schools, historic sites and museums, together they really tell a good story about the history of NH and to talk about opportunities for the future. SOT: 1:03:54 PETER: The program has three selection criteria: Significance of the property. Imminence of the threat to that property. And the degree to which a Seven To Save designation can advance the preservation of objective for that property. SOT: 1:04:45 The very first is Epsom's Historic Meeting House in Epsom, NH. Nats….SOT: 1:06:34 …. And we hope that the 7 to save listing will help draw needed attention to this immediate threat Thank you 01:06:58 - applause TRK: Also making the 7 to Save List: The Great Stone Dwelling in Enfield…a significant example of Shaker architecture. The Philbrook Farm Inn in Shelburne - an historic landmark run by 4th generation owner Connie Philbrook. The Stone Arched Bridge in Keene, an architectural and engineering marvel built in 1847 - its one of the largest stone bridges ever built in the state. The Franco American Center in Manchester, a 96 year old structure housing the non-profit center which preserves and interprets the role played by French Canadians in NH. The Hilltop Elementary School in Somersworth, a classic portrait of a neighborhood School, the city's last - which may be replaced with a new school. And, NH's state-owned Historic Sites - including the Robert Frost farm in Derry, where 3 of the poet's children were born. Timbers in the farmhouse are infested with wood eating beetles. The cash-strapped Parks & Recreation Dept is simply unable to keep up with maintenance at the state sites. SOT: 20:38-:54 Allison: each have a unique set of issues with a huge price tags and huge amount of resources that need to be put to it. The White Island Lighthouse built in 1853 is also threatened by cracks and holes -- leaving school kids to take up the cause. 21:07 to really fix the problems at these sites…we're really talking about millions of dollars. 24:18 It's a do or die situation right now and we need to put our energies into fixing these sites. TRK: It's hoped the "7 to save List" will draw attention to the state-owned landmarks That are in desperate need of funding for overdue repairs. SOT: Allison 23:42-23:49 its time for us to move forward and look to a bureau of historic sites, which would capture monies that would be specifically earmarked for our historic sites. TRK: Preservationists say imagine what NH would be like if the list of 7 …were gone. END: JENNIFER 32:43-:52 These are irreplaceable properties that have this incredible link to our past, as well as our future.these are places that were central to our community and key to our economic Vialibity as a state. TRK: A sentiment shared by those in Epsom battling to preserve a piece of their town's history. SOT: 00:02:54 99 |
| Tag 7 to Save Return to index of stories... |
The Epsom historic meeting house faces the most immediate threat. Selectmen want a cost analysis done to determine if it makes financial sense to convert the 145 year old building into town offices. Folowing a 2nd public hearing, selectmen will then have 10 days to decide the fate of the building. |
| Break 2 Return to index of stories... |
New Hampshire's French Connection. |
| Intro/ Frano-Amer Return to index of stories... |
An estimated 25-percent of NH's population are of French/or French Canadian ancestry -- the highest percentage of any state. In Manchester, its as high as 40-percent It's often been said to find Franco-Americans. all you need do is follow the rivers of New England -- where you'll find the mills -- that's where many of them found work in the early 20th century. By 19-10 about one third of the workforce of mills were Franco- American. Many of the French Canadians worked in Manchester's thriving textile industry. At one time, Manchester was known as the world's largest producer of cotten and woolen textiles. The Migration to this country was documented in the 19-99 NHPTV special: Franco Americans: We remember. 29:21 I'm always.work ethic contributors of franco americans.music up 29:51 34:51 They saw. 35:00 different place.music up 35:17-:39 It's a story of work real classic American success story.music up and out TRK 2: Manchester's west side had so many French-Canadians living there -- they called it "Little Canada". The Franco American Centre is dedicated to telling the story of those who migrated here and the accomplishments they've made -- which are many. Richard Charpentier, the President of the Franco-American Centre: Q What contributions did French Canadians make to Manchester & NH? Q What was life like for them in NH? Q What values did they bring with them that helped shape the region? Q The center is struggling to maintain its 96-year-old building after losing a tenant. It's been placed on the 7 to Save List -- for endangered properties. Where do things stand? What would be lost? |
| Intro Ernie Bayer Return to index of stories... |
Finally, an end note for our program. This October, New Hampshire lost a champion for State History. The long--time president of the StoryLand and Heritage-New Hampshire attractions died. Stoney Morrell died the same month that Heritage-New Hampshire closed for good. New Hampshire also recently lost another champion. When you see a women's crew team at the head of the charles or competing anywhere else, they have one woman to thank. Her name was Ernie Bayer. Bayer died in Exeter in September. |
| Tag Ernie Bayer Return to index of stories... |
Ernie Bayer was 97 and only recently gave up rowing. In a fitting memorial, a flotilla of oarsmen and women rowed in her honor on the Swampscott River near her home in Stratham. |
| Thanks/Goodnight Return to index of stories... |
That does it for us here at the Franco-American Centre in Manchester. Special thanks to our hosts and thank you for watching NH Outlook, we're all about New Hampshire. I'm Beth Carroll. I'll see you around New Hampshire. |
| Web Promo Return to index of stories... |
VERSION ONE: Did you know that New Hampshire Outlook is available online on demand at nhptv.org? We've been streaming our broadcasts since the program premiered in September 2000. Whether you want to watch this show again, email it to a friend, search and watch past programs or get more information on thousands of stories and topics, you'll find it all at nhptv.org/outlook. VERSION TWO: Would you like to watch this show again? Maybe you want to email it to a friend? Are you looking for more information about our New Hampshire stories? You can do all that and more at nhptv.org/outlook. |
| key: Economy Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time: 12/26/2006 HOST: Beth Carroll Length: 7:30 NOW on New Hampshire Outlook: The big chill in the housing market and the impact on New Hampshire's real estate. Plus, the battle to preserve NH's heritage. And later, remembering a pioneer in Rowing -- NH's Ernie Bayer. You're looking at the Franco American Center in Manchester. The nearly century old building houses one of the nation's largest research centers of archival material dealing with french history. It's future however, is uncertain. Hello I'm Beth Carroll. Bienvenue to NH Outlook. We're coming to you from the Beliveau Fine Arts Gallery inside the Franco--American Center. The center is now on NH's "7 to Save" endangered properties list. More on that and preserving NH's heritage in a moment -- but first: A look at the widespread cooling in the once HOT housing market. In NH, and around the country, there's been a dramatic change in the real estate market. Houses that used to sell in days now sit on the market for months. It's become a buyers market. And, as Outlook's Ally McNair tells us -- if you want to sell your house -- be prepared to lower the price. PRODUCER/REPORTER: Alison McNair NAME OF PARTICIPANTS: Mark Nason\Nason & Company, Inc., Russ Thibeault\Applied Economic Research |
| key: History Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time: 12/26/2006 HOST: Beth Carroll Length: 9:30 NOW on New Hampshire Outlook: The big chill in the housing market and the impact on New Hampshire's real estate. Plus, the battle to preserve NH's heritage. And later, remembering a pioneer in Rowing -- NH's Ernie Bayer. You're looking at the Franco American Center in Manchester. The nearly century old building houses one of the nation's largest research centers of archival material dealing with french history. It's future however, is uncertain. Hello I'm Beth Carroll. Is time running out on some of NH's architectural treasures? Preservationists say it's a distinct possibility. Some of the state's historic sites are in disrepair, century-old structures are in danger of being torn down, and neighborhood schools and museums which retain our links to the past have come under assault. If changes aren't made -- preservationists say NH risks losing irreplaceable landmarks. PRODUCER/REPORTER: Beth Carroll NAME OF PARTICIPANTS: Richard Frambach\Friends of Epsom's Historic Meetinghouse, Colin Cabot\Pres., Webster Farm Preservation, Jennifer Goodman\Exec. Dir., NH Preservation Alliance, Peter Labombarde\NH Preservation Alliance, Allison McLean\Dir., NH Division of Parks & Recreation |
| key: History Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time: 12/26/2006 HOST: Beth Carroll Length: 3:00 NOW on New Hampshire Outlook: The big chill in the housing market and the impact on New Hampshire's real estate. Plus, the battle to preserve NH's heritage. And later, remembering a pioneer in Rowing -- NH's Ernie Bayer. You're looking at the Franco American Center in Manchester. The nearly century old building houses one of the nation's largest research centers of archival material dealing with french history. It's future however, is uncertain. Hello I'm Beth Carroll. An estimated 25-percent of NH's population are of French or French Canadian ancestry -- the highest percentage of any state. In Manchester, its as high as 40-percent. It's often been said to find Franco-Americans all you need do is follow the rivers of New England -- where you'll find the mills -- that's where many of them found work in the early 20th century. By 1910 about one third of the workforce of mills were Franco- American. Many of the French Canadians worked in Manchester's thriving textile industry. At one time, Manchester was known as the world's largest producer of cotten and woolen textiles. The Migration to this country was documented in the 1999 NHPTV special: Franco Americans: We remember. PRODUCER/REPORTER: NAME OF PARTICIPANTS: Gary Samson\Photographer, Richard Charpentier\Pres., Franco-American Centre |
| key: History Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time: 12/26/2006 HOST: Beth Carroll Length: 3:30 NOW on New Hampshire Outlook: The big chill in the housing market and the impact on New Hampshire's real estate. Plus, the battle to preserve NH's heritage. And later, remembering a pioneer in Rowing -- NH's Ernie Bayer. You're looking at the Franco American Center in Manchester. The nearly century old building houses one of the nation's largest research centers of archival material dealing with french history. It's future however, is uncertain. Hello I'm Beth Carroll. This October, New Hampshire lost a champion for State History. The long--time president of the StoryLand and Heritage-New Hampshire attractions died. Stoney Morrell died the same month that Heritage-New Hampshire closed for good. New Hampshire also recently lost another champion. When you see a women's crew team at the head of the charles or competing anywhere else, they have one woman to thank. Her name was Ernie Bayer. Bayer died in Exeter in September. PRODUCER/REPORTER: NAME OF PARTICIPANTS: Ernie Bayer\"Mother of American Women's Rowing", Tina Bayer\Daughter |