June 1 Housing Summit 2011. You are invited.

Posted by Susy Thielen on April 25th, 2011 — in Housing News, Monadnock Region Coalition

Register Now!

We are losing key professionals from the Monadnock Region.  Young professionals, nurses, teachers, emergency response personnel, accountants, small business owners and hard workers in many local businesses cannot afford to live in our region.

Young people are choosing to move to other states where significant investments have been made in housing that is reasonably priced. Heading for Home has been working toward making sure that these professionals that contribute so much to our community and our economy can live here at home.

We have identified the most significant barriers to moving forward on critical workforce housing projects and now we need you! It’s time to refine the strategies to breakthrough the existing barriers and move into an action phase that produces affordable workforce housing for these valued community members within the next three to four years.

Join us on June 1st. from 7:30 a.m. to 2 p.m. as we work together on strategies to break down the existing barriers to these projects within the Monadnock Region.  Your experience and time will be critical to solving this challenge as we move forward.

The day will include:

* Speakers with experiences in local towns working toward implementing affordable housing
* Roundtable discussions with members from important economic sectors to resolve these issues
* Great food

The $20 registration fee covers the cost of breakfast, lunch and snacks.

Register Now!

For questions about the event or registration, please contact Heading for Home at the email or phone information below.

Thank you for your interest and support. We look forward to seeing you at the Housing Summit.

Sincerely,
Susan Newcomer, Heading for Home Board Member
Workforce Development Coordinator
Greater Keene Chamber of Commerce
HousingSummit2011@gmail.com
603-352-1303 x14

Platinum Sponsors: Public Service Company of New Hampshire
Sustaining Sponsors: New Hampshire Housing, Citizens Bank

Housing without a date to economic recovery dance

Posted by Susy Thielen on April 18th, 2011 — in Housing News

Posted: Sunday, April 17, 2011 8:45 am | Updated: 9:03 am, Sun Apr 17, 2011.

Housing without a date to economic recovery dance By Kevin G. Hall McClatchy News Service

WASHINGTON — Many sectors of the U.S. economy are showing heartening signs of growth: Employment, international trade, manufacturing and professional services among them.

Then there’s the miserable housing sector. It’s still missing from the list of positives, still a net drag on the U.S. economic recovery.

Where’s the bottom? Four years into the housing crisis, specialists still aren’t sure if we’re on our way up or still have further to drop.

Mark Zandi, the chief economist for forecaster Moody’s Analytics, expects a bottom in home prices next year and recovery thereafter.

“House prices will bottom out by year’s end as the market works through a bulge of distressed sales,” Zandi said. “Sales, construction and prices will be recovering in earnest by this time next year.”

That’s too soon for Mark Vitner, a senior economist at Wells Fargo Securities in Charlotte, N.C. He doesn’t see the housing market returning to normal until 2016. Yes, five more years. Read the rest of this page »