>> WELCOME TO NEW HAMPSHIRE'S BUSINESS, I'M FRED KOCHER.
WHY ARE SO MANY PEOPLE MOVING TO NEW HAMPSHIRE RIGHT NOW AND WHY ARE SO MANY PEOPLE BUYING HOMES AND CONDOS IN NEW HAMPSHIRE RIGHT NOW?
WELL, THE NEXT FEW MINUTES MAY ANSWER THE QUESTION.
FIRST, HERE IS THE SURVEY AND THIS IS FROM THE PEW RESEARCH CENTER.
ACCORDING TO THE CENTER, SURVEY RECENTLY, ALMOST A QUARTER OF AMERICANS,22%, SAY THEY ARE EITHER RELOCATING DUE TO COVID-19 OR THEY KNOW SOMEONE WHO DID.
NOW IN NEWHAMPSHIRE, THE DATA FROM NEW ENGLAND'S LARGE MOVING BUSINESS, RAY THE MOVER, AN AGENT OF ALLIED VAN LINES, IT'S REVEALING.
APRIL 1 TO OCTOBER 30TH TIME PERIOD, TOTAL INTERSTATE BUSINESS WAS UP 27% YEAR OVER YEAR.
INBOUND TO NEW HAMPSHIRE, VERMONT AND MAINE FROM MASSACHUSETTS IS UP 100%.
OUTBOUND FROM NEW HAMPSHIRE OF COURSE THIS TIME OF YEAR WAS NAMES, CAPE CORAL, T VILLAGES AND SO FORTH.
WITH ME TO BRIEF US ON T MIDST OF THE PANDEMIC IS PAUL NELSON, THE PRESIDENT OF RAY THE MOVER AND ALLIED VAN LINES IN MANCHESTER.
WELCOME, PAUL, NICE TO HAVE YOU.
>> THANK YOU, APPRECIATE IT, FRED.
>> WHAT REASONS-- WELL, FIRST OF ALL, THE NUMBERS YOU GAVE ME THAT GOT MY ATTENTION WAS THE100% MOVE OF PEOPLE FROM MASSACHUSETTS INTO THE NORTHERN NEW ENGLA STATES,
INCLUDING NEW HAMPSHIRE.
IS THA SURPRISING YOU?
>> IT WAS QUITE SURPRISING WHEN WE ACTUALLY SAW THE TOTAL NUMBER, BUT I THINK I H RE REFERENCED TO YOU IN AN EARLIER CALL THAT WE SAW A SURGE OUT OF MASSACHUSETTS AND TH TREND
CONTINUED SINCE THE EARLY OUTBREAK OF COVID.
NOT ONLY NORTHERN NEW ENGLAND, BUT THE NORTHERN PART OF NEW ENGLAND.
AS I MENTIONED BEFORE, THE LAKES REGION HAS DEFINITELY SEEN A SIGNIFICANT RISE.
WE'RE ALSO SEEING THE SAME, UP TO LIKE T BURLINGTON, VERMONT AREA AND NORTHERNMOST PARTS OF MAIN AS WELL.
IT DOES SEEM LIKE PEOPLE ARE MOVING TO GET A LOT, YOU KNOW, OF ADDITIONAL SPACE DUE TO THE COVID COMING OUT OF THE CONDENSED AREAS IN THE CITY.
>> WHAT REASONS DO THEY GIVE YOU FOR MOVING?
>> MOST PEOPLE ARE REFERENCING BEING ABLE TO WORK FROM HOME, SO A LOT OF PEOPLE ARE JUST CHOOSING TO MAKE THAT VACATION HOME THEIR PERMANENT HOME.
THAT SEEMS TO BE ONE OF THE DRIVING FACTORS.
>> AND I SUPPOSE COVID IS ONE, ALSO, TRYING TO GET OUT OF THE MO CONCENTRATED URBAN AREAS, AS WELL AS WORKING FROM HOME?
>> YES, DEFINITELY.
YEAH, I THINK THE CONDENSED AREAS ARE DEFINITELY SEEING A POURING OUT T LESS DENSE SPACES.
>> DO YOU SEE THIS TREND CONTINUING THIS WINTER, THIS KIND OF MOVE NORTH?
OUR EARLY INDICATIONS IS THAT JANUARY PERIOD IS GOING TO BE U 50% YEAR OVER YEAR.
ORIGINALLY WHEN WE STARTED SEEING THE SURGE THIS FALL, WE KIND OF ATTRIBUTED IT TO MOVES THAT PEOPLE WOULD TYPICALLY HAVE MADE LAST SPRING.
NOW ALL OCCURRING IN THE FALL.
HOWEVER, WITH THE NUMBERS THAT WE ARE SEEING, THERE'S DEFINITELY MORE TO IT THAN THAT.
THERE' DEFINITELY A RESULT OF THE COVID OUTBREAK AND LIKE I SAID, OUR EARLY INDICATORS ARE THAT THE JANUARYSEASON, THIS IS GOING TO KEEP CONTINUING, YES.
>> THE REFERENCE YOU MADE TO THE NORTHERN AREAS OF NEW ENGLAND, PEOPLE ARE MOVING AND OF COURSE, THEY'RE GOING TO REALTORS TO BUY HOUSES OR CONDOS.
SINGLE FAMILY HOME SALES UP 26% STATEWIDE.
CONDOS UP 35 STATEWIDE AND COOS, GRAFTON, SULLIVAN COUNTIES, HOME AND CONDO SALES ARE UP 50% OR MORE AND THOSE SALES NUMBERS ARE IN A REAL ESTATE MARKET WITH A LOW SUPPL
WHICH CAUSED THE NEW HAMPSHIRE ASSOCIATION OF REALTORS, DAT COLLECTED BY THE NEW HAMPSHIRE ASSOCIATION OF REALTORS IN CONCORD SUGGEST THE COVID PANDEMIC MAY BE SHARPENING THAT,
THE LOW SUPPLY.
THERE'S LIKELY A CONNECTION OF INCREASE, HOME BUYING AND CONDO BUYING AND MOVES THAT YOU ARE MAKING NORTH?
>> YES, I WOULD SAY, YEAH.
I THINK THAT CONNECTION IS DEFINITELY, AS THE STATED, THE COVID OUTBREAK.
WE ARE DEFINITELY SEEING THE SAME SURGE THAT THEY ARE REPORTING.
YOU'VE BEEN IN BUSINESS ABOUT 80 YEARS, I UNDERSTAND.
YOU'VE DONE A LOT OF MOVES TO FLORIDA AND THAT'S ALSO IN THE CARDS RIGHT NOW.
>> YES, FLORIDA IS STILL, I THINK THREE OF OUR TOP FIVE DESTINATIONS OF MOVES FROM NEW HAMPSHIRE.
>> I SEE THE PALM TREES ON YOUR TRUCK THAT MAKES THE POINT.
PAUL NELSON, PRESIDENT OF RAY THE MOVER, AN