Hey all, Sharing a new and improved market data outreach. As usual, the 2-4 unit multi-family are trading above 180-220K a door and 5+ varies by market. Use this as a resource - not a bible. Anyone interested in other markets?

Quick blurb; Major Market News & Developments - Manchester Housing Growth: Manchester added 5,822 housing units in 2025, boosting state-wide growth. [10] - Zoning Updates: Effective March 1, 2026, Manchester refined its land use code to encourage housing development. [11] - New Development: The Manchester Planning Board approved a 220-unit townhouse-style development on South Mammoth Road. [12] Seacoast Pipeline: Portsmouth is projected to see over 1,000 new housing units in 2026, ranging from micro to luxury condos. [13]

Hey all - sharing my weekly market report. Here's a blurb and attachment! Major Market News - Major Development: A developer plans to build 362 market-rate apartments in central Lowell. The housing will be spread across two six-story buildings located by the Pawtucket and Hamilton canals, signaling strong institutional confidence in the market [20]. Occupancy & Trends: Lewiston has a higher vacancy rate of 6.49%, with a slightly loosening trend [24]. Year-Over-Year Rent Growth: Despite the vacancy rate, Lewiston has seen significant YoY rent growth reported at 12.92% [23]. Major Market News - Housing Developments: City officials are considering a tax increment financing deal for a 152-unit housing development on Middle Street. Another developer is seeking a city tax break for a $36 million housing project containing 152 units [25][26]. - Zoning & Regulations: The Lewiston council recently approved multiple zoning changes, rejecting a 20-foot minimum height provision [27]. Additionally, the city has banned rent increases on mobile home lots for 6 months [28]. Revitalization: The city's ongoing "renaissance" is heavily linked to efforts to fill and repurpose prominent vacant buildings downtown [29].

Hey all! I create weekly market reports for myself to stay informed and thought I should share with this community. By the way, I do this with "Manus", which is a task/research AI. I give it very specific criteria. I do think the rental figures can seem a bit "high", but the AI is pulling from the HUD vs. Rented Comps on Zillow, which can show inflated values by 5-10% actuals. Here's a quick blurb; 1. Executive Summary This week’s multifamily market report covers four distinct New England markets: Greater Manchester & Seacoast NH, Worcester MA, Lowell MA, and Lewiston ME. Across the board, we are seeing constrained supply and tight vacancy rates, driving continued rent growth, albeit at varying paces. Manchester is experiencing significant regulatory tailwinds with a historic zoning rewrite aimed at boosting housing production, while its rental market remains tight with a 3.7% vacancy rate and steady rent growth. Worcester continues to see exceptionally low vacancy (1.7% citywide) and is pushing forward with a massive plan to build 12,000+ units, though rent growth has moderated to a more sustainable 1.9%. Lowell's market is characterized by a 2.5% vacancy rate and ongoing redevelopment of historic mill sites, alongside new state-level ADU laws. Lewiston stands out with the highest year-over-year rent growth at 11.32% and a near-zero vacancy rate (2%), prompting local government interventions like a mobile home lot rent freeze. For investors, the data suggests that while top-line rent growth is stabilizing in established Massachusetts markets, secondary markets like Lewiston are seeing rapid appreciation. Regulatory changes across all markets—from zoning rewrites to rent stabilization ballot initiatives—will be the critical variables to monitor for future yield.

Hey all, thought I would share a quick market report in NH. I plan to rotate areas on a weekly basis. Here's a blurb from the report; 5. Major Market News & Developments Several significant developments are poised to impact the Manchester multifamily market: - Zoning Rewrite: Manchester has enacted a historic zoning overhaul, effective March 1, 2026, aimed at streamlining development and boosting housing production. This is the most significant local factor and is expected to unlock new development opportunities. [9] - TIF District Approval: The city has approved its first Tax Increment Financing (TIF) district to fund a new public parking garage and housing on Pearl Street, signaling a commitment to public-private partnerships for development. [10] - New Construction Pipeline: Multiple new projects are in the pipeline, including the expansion of the Hidden Oak development (28 new townhouses), the conversion of office space to residential units at 22 Hazel Street (5 units), and an additional unit at 308 Taylor Street. [11] - State-Level Housing Initiatives: While the state's Housing Champions program is at risk of being defunded, the InvestNH program has been a major driver of multifamily permits. The state's housing supply report indicates a significant need for new housing (90,000 units by 2040), and Manchester is a key contributor to the new supply. [12]