News: Northern New England

President’s message: RPR Commercial is coming to NECPE - by Gerry O’Connell

Gerry O’Connell, KW Commercial CLCG Gerry O’Connell, KW Commercial CLCG

Realtors Property Resource (RPR) commercial platform is a powerful tool that will provide commercial agents with the ability to integrate municipal data, demographic data, trade area analysis, and more into your commercial property reports.  Our new partnership with RPR will allow your Commercial Property Exchange data to feed into RPR and give you the ability to create more powerful presentations for your clients and prospective clients.  To learn more about RPR Commercial online visit http://learn.narrpr.com/commercial/ and sign up for a training session.

NAR Smart Growth Grant Approved

NH CIBOR has received a Smart Growth Grant in the amount of $4,500 from the National Association of Realtors. The funds will be used to host a forum for brokers and developers to talk about needed improvements in the development process at state and municipal level.  From this forum, we hope to develop actions and activities that will help New Hampshire and its municipalities be better equipped and educated about how smart growth will create sustainable growth.  We need policies and procedures that are easy to follow, good for communities, and which are not overly restrictive for sensible development.

NH CIBOR provides funding for DRED travel to CoreNet Tradeshow

NH CIBOR made it possible for the NH Division of Resources and Economic Development (NH DRED) to attend the CoreNet 2015 Global Summit in Los Angeles.  Our funding paid for the travel costs for one member of DRED to attend this very important summit.  It was very important for this state department to attend the global summit in order to promote and pitch NH as a state with great advantages for locating their businesses. NH DRED stated that the trade show was a great success for them, and they were able to put New Hampshire in the minds of many businesses.

Get involved, and help your local community!

We encourage all members of NH CIBOR to get involved at your local level, join planning and zoning boards, and make a difference. Let us know how we can help you to help your community. We are here to support you.

Gerry O’Connell is the 2015 president of the New Hampshire Commercial and Investment Board of Realtors.

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Interest rates and inflation - by Matthew Bacon

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As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.

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