Sanborn — Winni Waterfront Sales Report – Aug. 2016

By Roy Sanborn

There were 15 Winnipesaukee waterfronts that changed hands in August at an average sales price of $827,833 and a median price point of $850,000. That brings the total number of sales to 107 for the year thus far at an average of $972,830. Last year for the first eight months of the year there were 100 sales at an average of $1,133,602. So total sales are up a bit and the average sales price is down a little.

The entry level sale of the month was at 1 Windswept Island in Tuftonboro which was actually an entire island encompassing a whole .26 acres. Talk about privacy! This island retreat was actually owned once by Bob Montana who created and wrote the "Archie" comic books. This one room, 340 square foot cottage has rustic tongue and grove pine interior, wood floors, stone fireplace, cathedral ceilings, and large widows to bring in the amazing views of the Broads. This is a pretty special place and a unique offering for that special buyer. It did take a while to find him though. This property was originally listed back in June of 2011 at $349,000. It has been on the market every summer since and this year it was offered at $299,000 and quickly found a buyer at $255,000. The total time on the market was 976 days and the current assessed value is $219,500. I wonder if someone is drawing cartoons out there right now?

The median price point sale was at 18 First Point in Moultonborough. This spacious 3,399 square foot, three bedroom, three and a half bath home was built in 1982. It has an open concept floor plan, an updated kitchen with cherry cabinetry, stainless appliances, and granite counter tops. The living room has a brick wood burning fireplace and the year round sun room has walls of windows to take in the spectacular views of the lake, Red Hill and the Sandwich Mountains. A secluded second floor master suite has its own den, a kitchenette, and access to a deck with a hot tub. The .66 acre lot provides great privacy, 165 feet of frontage, and a U-shaped dock on a quiet cove. This property was first listed in July of 2014 at $1.25 million, June of 2015 at $929,500, then re-listed in August of 2015 at $890,000, reduced to $869,000 and sold for $850,000. Total time on market was 691 days and the current assessed value is $634,000.

The highest sale of the month was at 177 Kingswood Road in Wolfeboro. This 3,500 square-foot contemporary was built in 1980 and has three bedrooms, three full, one three-quarter, and two half baths. The tasteful gourmet kitchen has white cabinetry, granite counter tops, stainless appliances and hardwood floors. There is a formal dining room, den, and the living room with a gas fireplace to round out the first floor. There is a master suite, a guest suite, plus a recreation room on the second floor and in the lower level there is a family room and a second guest suite. The home sits on a level .86 acre, newly-landscaped lot which has 119 feet of frontage, a sandy beach, new dock and great southern exposure. This home was listed at $2.35 million in July, reduced to $2.25 million, and sold for an even $2 million after 81 days on the market. It is currently assessed at $1.415 million.

Over on Winnisquam, there were six sales in August bringing the total for the year so far to 18 transactions at an average price of $527,656. There were 14 sales at an average of $550,457 for the same period last year.

Sales in August ranged from $279,900 for a three bedroom, two and three quarter bath, 1,127 square-foot home with 45 feet of frontage at 78 Mallards Landing in Belmont to $1.075 million for a 4,295 square-foot five bedroom home with an expansive detached garage with living space above at 55 Cogswell Road in Sanbornton. What made the Cogswell Road property truly special was the amazing 1.72 acre, beautifully landscaped lot with 265 feet of frontage. This is one of the best lots I have ever seen on Winnisquam and the buyers thought so as well. This property was originally listed in 2009 at $1.995 million which was kind of stretching the limits on little Winni. It was re-listed at $1.695 million in 2012, $1.495 in 2015, and $1.195 in 2016. The property was on the market a total of 623 days. It is currently assessed at $758,100.

P​lease feel free to visit to learn more about the Lakes Region real estate market and comment on this article and others. Data compiled using the NNEREN MLS system as of Sept. 13, 2016. ​Roy Sanborn is a sales associate at Four Seasons Sotheby's International Realty and can be reached at 603-677-7012

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Froma Harrop - Clinton will be fine. Trump never will be

A friend 15 years older than Hillary Clinton recently came down with a mild pneumonia that sounds just like hers. Five days later, he was on a ladder pruning trees. The doctor wanted more rest, but he's fine. And so will Clinton be.

I will dispense with the interminable chitchat of whether she should have revealed the pneumonia several days before. She had no obligation whatsoever to reveal a recoverable illness. On matters of disclosure, I'm much more interested in seeing Donald Trump's tax return than the health work-ups of either 68-year-old Clinton or 70-year-old Trump.

That's because we have a personage in the United States called vice president. Should the president become incapacitated, the VP would take over. In Clinton's case, the chief executive's duties would transfer to the estimable Tim Kaine, leaving the country in totally competent hands.

Were a President Trump to become incapacitated, the job would fall to Mike Pence, who would actually be an improvement. I frankly would not look forward to a Pence presidency, but we must prioritize our anxieties.

For one thing, Trump would no longer be able to turn American foreign policy into an instrument of self-enrichment. Suspicions of such plans are why we want to see his tax returns.

Many attribute Trump's reticence to fear that the public would learn that he's not the super-duper rich guy he purports to be. Another hunch is that the returns would show his business dealings with Russia, an American adversary.

The two would be related. Russian President Vladimir Putin turns vassals into multibillionaires by wielding the tools of corruption. As president, Trump could trade American foreign policy interests for unimaginable personal wealth. Signs of a budding beautiful friendship can be seen in Trump's vocal adoration of the Russian authoritarian, something Trump has done at risk of his political aspirations but not his bottom line.

How do we know that Trump already has considerable business dealings with Russia? His son said so. At a 2008 conference on real estate in New York, Donald Trump Jr. said: "Russians make up a pretty disproportionate cross section of a lot of our assets. ... We see a lot of money pouring in from Russia."

Trump made millions bringing the 2013 Miss Universe pageant to Russia, according to The Washington Post. It was partly financed by a Putin ally. After attending a post-pageant party, Trump bragged, "Almost all of the oligarchs were in the room."

Trump's former campaign manager, Paul Manafort, had managed an investment fund for a Russian aluminum tycoon.

Trump talks of weakening NATO, a bulwark against Russian aggression. He said he'd consider recognizing Russia's annexation of Crimea and dropping sanctions over Russia's invasion of Ukraine. Whether Trump wins or not, Putin has already gotten good value out of him.

The discussion of Clinton's health should remind us that the choice of vice president is important. The older the person, the greater the medical risk. When John McCain ran for president in 2008 at 72 with a history of cancer, his naming of a grossly unqualified Sarah Palin as running mate undoubtedly cost him votes — perhaps the election.

Of course, younger people are not immune to health crises. And our sad history tells us that an assassin can cut down a national leader at any age. John F. Kennedy was killed at 46.

The political ramifications of Clinton's bout with pneumonia will be hashed out ad nauseam. The more important consideration is who would serve as backup should any president be unable to perform her or his duties. On this count, Clinton, with Kaine at her side, is in terrific shape.

(A member of the Providence Journal editorial board, Froma Harrop writes a nationally syndicated column from that city. She has written for such diverse publications as The New York Times, Harper's Bazaar and Institutional Investor.)

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E. Scott Cracraft - Another 9/11

This September, we remember with sorrow the 15th anniversary of the tragedies of Tuesday, September 11, 2001 in New York, Washington, D.C. and Pennsylvania. We will remember the victims and their families and many of us will ask "how could anyone hate us that much?"
Perhaps a place to begin that discussion is by remembering the "Other 9-11" which occurred in Chile on Tuesday, September 11, 1973. On that day, Chile's armed forces staged a military coup against a democratically-elected government. They had the full support of the U.S.A in violently overthrowing the government of the legitimate, elected Chilean democratic socialist President Dr. Salvador Allende.
For years prior to Allende's election in 1970, the C.I.A. funneled millions of dollars to his opponents to prevent his election. When he finally was elected, the C.I.A. funneled more money to prevent his inauguration.
When that failed, the C.I.A. did everything it could to undermine his government. President Nixon told Henry Kissinger and the C.l.A to "make the economy scream!" U.S. dollars were also given to violent neo-fascist groups in Chile to destabilize the country.
Of course, this happened in the context of the Cold War but there is no indication that the Soviets ever wanted to turn Chile into a client state. More important, Allende's peaceful and democratic "road to socialism" was opposed by major U.S. companies doing business in Chile, including the copper and telecommunications industries.
After "the other 9-11," Chile was under military rule for 17 years. Chile, unlike many Latin American countries, had a long history of democratic and peaceful change and one in which the military took orders from the civilian leaders, as in the U.S. It took U.S. intervention to drive the military to take this action.
During the dictatorship of General Augusto Pinochet that followed, thousands were executed or "disappeared." Tens of thousands more were arrested and brutally tortured with beatings, electroshock, "waterboarding" and even rape (both males and females). Among the victims was Chile's current president, Michelle Bachelet. Trained dogs were used to rape women. Hundreds of thousands more went into exile.
Many schools and universities were put under army control. As some conservatives want in this country, instructors considered too "liberal" were fired — or worse. "Conservative Chilean values" were imposed.
Women in slacks were made to wear dresses and boys who had long hair were forcibly given on-the-spot haircuts by soldiers. Men, like American journalist John Dinges, shaved their beards to avoid suspicion. Chile is a strongly Catholic country and before the coup, abortion was legal only to save the mother's life. After the military took control, abortion was outlawed even to save the mother's life.
Unions and political parties were banned and there was strict censorship. American-trained economists and technocrats, known as "the Chicago Boys," disciples of Milton Friedman, privatized the economy along neoliberal, "free market" lines. Many public enterprises were sold cheaply to supporters of the regime. It made some Chileans rich but made a lot poorer.
It was a perfect "laboratory" for this experiment because unions were banned and no one dared speak out. Some historians believe Chile was America's first experiment in what would be later called "Reaganomics." Chile is still dealing with the aftermath of those years.
Two U.S. citizens, journalist Charles Horman and exchange student Frank Terrugi, were murdered in the coup's aftermath, likely with the complicity or at least knowledge of U.S. officials. The film "Missing," starring Jack Lemmon and Sissy Spacek, is based on their story.
The U.S.A. did not seem to mind until the Chilean DINA, or secret police, in concert with their counterparts from other South American dictatorships ("Operation Condor"), used an American citizen to plant a car bomb in Washington's Embassy Row that killed former Chilean foreign minister Orlando Letelier (an outspoken opponent of the military regime) and his American secretary, Ronnie Moffitt, on September 21, 1976. This was the first foreign-ordered political car- bombing in U.S. history.
It was not, however, by any means the first (or last) case of U.S. intervention in Latin American affairs. This September, let's remember all the victims of that tragic month.
For more information on "Chile's 9-11" and the military dictatorship:
(Scott Cracraft is a citizen, a taxpayer, a veteran, and resident of Gilford. He is a frequent visitor to Chile and preserving memory is his "thing".)

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Finn's Garage - Automotive fall preview

Autumn, is right around the corner, kids are back to school, leaves start to change and the weather cools down. It's my favorite time of year for touring in an antique car.

Most old cars prefer the cooler temps, and the colors on the trees make the best backdrop for a drive through the countryside. There are many wonderful Automotive events in the Lakes Region during the fall season.

Looking for something fun to do this upcoming weekend? The Annual Kiwanis Car Show in Concord will take place on the grounds of NHTI campus. Also Saturday closer to home, is Cars and Coffee at Finn's Garage in Meredith. Fair season is in full swing, and many have a car show or at the very least antique equipment on display. I always attend the Sandwich Fair Car Show and Parade on Columbus Day weekend, a great time for the family, with all the games, rides, food and cars on Saturday morning.

Usually the show that ends the car season for me is on the grounds of the Canterbury Shaker Village. This car show is put on by the Model A Ford Club. This year's date is Oct 15. Check it out if you can – great turnouts and the historic grounds of the Shaker Village make this a great day.

Keep an eye out for many antique cars on the road in the next couple months. The Glidden Tour is returning to New Hampshire in September. They will be traveling throughout the Lakes Region and White Mountains. I hope you encounter these special cars from all over the country as they visit our area.

If you like to mix your antique vehicles, visit Lee's Mills in Moultonborough Sept 9 to 18. The Annual Steamboat meet takes place, a wonderful display of steam power. Most times there are some antique cars in the parking lot as well. It's a must see, and if you are lucky, some boats offer rides for interested parties!

Well that's all for now, make sure you get out there on the roads – time is running out on our "Car Season" here in New Hampshire. Look for one more article next month as we will cover that dreaded "W" word, and let you all know how to prepare your car for a six-month nap. As always, hope to see you motoring down the road!

Denis Finnerty is the owner of Finn's Garage in Meredith.

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Michael Barone - The dog caught the car

Anyone contemplating this year's appalling presidential campaign may be tempted to explain what's happening by applying the third rule of bureaucratic organizations, enunciated by the late poet and definitive scholar of Soviet terrorism Robert Conquest.

"The behavior of any bureaucratic organization," Conquest explained, "can best be understood by assuming that it is controlled by a secret cabal of its enemies."

The Republican and Democratic parties aren't exactly bureaucratic organizations; they just aspire to be. But their behavior this year certainly looks like it might have been scripted by their fervent foes.

Is it known, for example, just who whispered in Donald Trump's ear that this was a good year to run for president? He's been mulling it before, and accumulating national fame as a reality TV star.

In the process, to be fair, he's had more genuine accomplishments than, say, Kim Kardashian. Moving the real estate family business from the outer boroughs, in a decade when they were losing a million people, and into Manhattan, just as prices there touched rock bottom, was a stroke of genius. Shrewd!

Shrewd also were Trump's bombastic phrasings of his departures from Republican orthodoxy on immigration and trade. Did a secret cabal of Republicans' enemies put into his head the notion that making one outrageous statement after another could give him more airtime than the other 16 Republican candidates put together? If so, it worked.

The fact is that there was no more compelling reason for Trump to run than there was in 2000 or 2008. The word around Palm Beach is that he expected his campaign to be a lark and to add value to the Trump brand. But to his surprise, the dog caught the car.

The vehicle could end up in the ditch. The Republican Party may face more problems if Trump wins than if he loses. In the latter case it adapts to its gains among the less educated and losses among the highly educated — a process ongoing for two decades.

If he wins he'd be called on to deliver on his promises on trade and immigration. A president can impose tariffs — and provoke a financial crisis. A president can build a border wall and Congress can require employers to use e-Verify. Experience with similar measures in Arizona suggests the effects will be real, but marginal. Frustrating!

One of the mysteries of the campaign, unexplored by the reliably anti-Republican but not reliably pro-Democratic mainstream media, is why Trump, who turned 70 in June, and Clinton, who turns 69 next month, decided to run at their ages. As Trump has noted, he could have had a comfortable life otherwise; so could Clinton.

The track record of presidents elected at about that age is mixed. Ronald Reagan showed that a septuagenarian, even after suffering a serious gunshot wound, could be an effective president. The example of William Henry Harrison, who took office at 68 and died a month later, is less encouraging.

Clinton's candidacy essentially squelched the chances of a generation of younger Democrats, who might have advanced more serious future-oriented policies than the unachievable promises of free health care and free college that she copied from the 74-year-old socialist Bernie Sanders. No other Democrat would be toting the barrage of a private email system and a pay-for-play operation with her or his family foundation.

If it's true, as many political observers think and as primary season polls suggested, that a Marco Rubio or a Ted Cruz would be leading Clinton in polls now by something like 50 to 43 percent, it's equally plausible that an Amy Klobuchar or a Sherrod Brown (to name two plausible Democrats) would be leading Rubio or Cruz and with significantly more than Clinton's current 42 percent. Clinton, like Trump, has her enthusiasts (most over 50 in both cases), but young women are clearly not enraptured by the notion of a female president.

And while Clinton must be haunted by the thought that she was almost elected president at age 60 and would have been in the White House the last eight years, that doesn't mean she had to run again. Al Gore has led a lucrative and comfortable life after coming closer than she did. So did Samuel J. Tilden after the 1876 election was stolen from him.

The real question about this campaign, which may not be resolved until years after the election, may be which secret cabal of a party's enemies has inflicted more damage on its target.

(Syndicated columnist Michael Barone is senior political analyst for The Washington Examiner, is a resident fellow at the American Enterprise Institute, a Fox News Channel contributor and co-author of The Almanac of American Politics.)

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