Monthly Archives: June 2013

WASHINGTON, D.C. - June 28, 2013 - (RealEstateRama) -- Mayor Thomas M. Menino today announced the City will conduct a complete needs assessment of more than 4,300 Boston Housing Authority (BHA) residents living in elder and disabled housing. Residents will be surveyed by staff and volunteers to determine their needs and connect them to appropriate community resources and services. The effort is a collaboration between the BHA, the Disability Commission and the Elderly Commission

BOSTON, MA - June 26, 2013 - (RealEstateRama) -- MassHousing announced today that Patriot Community Bank of Woburn is an approved lender of the "Get the Lead Out" lead paint removal loan program

BOSTON, MA - June 25, 2013 - (RealEstateRama) -- MassHousing has closed on $2 million in loans for the award-winning, 75-unit Linwood Mill, a new affordable housing community for low-income senior citizens in Northbridge

WALTHAM, MA - June 25, 2013 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that sales were back up in May after a couple of months of declines. Median prices continued their upward trend hitting eight straight months in May. Condominium sales also closed up while median prices ticked down.

BOSTON - June 19, 2013 - (RealEstateRama) -- MassHousing has closed on $2.1 million in loans for the 66-unit Barstow Village, a newly constructed affordable housing community for senior citizens in Hanover.

BOSTON - June 14, 2013 - (RealEstateRama) -- A former Quincy man, now living in New Hampshire, was sentenced yesterday for carrying out two elaborate tax evasion schemes and theft of federal housing assistance funds

BOSTON, MA - June 13, 2013 - (RealEstateRama) -- MassHousing and the state Department of Housing and Community Development (DHCD) announced $9.3 million in Affordable Housing Trust Fund (AHTF) loan closings today for affordable housing communities in Boston, Centerville, Haverhill, Paxton, Westhampton and Worcester.

WALTHAM, MA - June 12, 2013 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that more homes were put under agreement in the month of May than in any month since January 2004 when MAR began tracking this data. Condominium pending sales also hit their highest point in the nine years of tracking. Pending sales figures (also called homes under agreement) are a leading indicator of actual housing sales in Massachusetts for the following 2-3 months.

Boston, MA - June 11, 2013 - (RealEstateRama) -- The Massachusetts Office of Consumer Affairs and Business Regulation and the Massachusetts Department of Housing and Community Development invite homeowners, industry leaders, advocates, and the general public to participate in a Twitter Town Hall surrounding housing issues

DORCHESTER - June 11, 2013 - (RealEstateRama) -- Governor Deval Patrick today kicked-off Commonwealth Housing Week by announcing a new compact that creates a goal of providing 10,000 mortgage loans to first-time homebuyers over the next five years. The Home Ownership Compact includes a commitment among lenders to originate a specific number of mortgage loans to first-time home buyers with household incomes below the area median income through the MassHousing and the Massachusetts Housing Partnership programs.

BOSTON - June 10, 2013 - (RealEstateRama) -- MassHousing announced a major change today in the "Get the Lead Out" lead paint removal loan program that will now allow all qualified households with children under age six to obtain zero-percent financing to remove lead paint regardless of whether the child is lead poisoned or in case management.

BOSTON - June 10, 2013 - (RealEstateRama) -- MassHousing announced a loan closing today of $1.9 million to preserve affordability for senior citizens at the 30-unit St. Mathieu's Apartments in Fall River.

BOSTON - June 7, 2013 - (RealEstateRama) -- MassHousing has closed on $2.2 million in loans for the 27-unit Greenway Apartments, a newly constructed affordable housing community in East Boston

EUGENE, OR - June 6, 2013 - (RealEstateRama) -- Today, Mike Preston has become the latest announced real estate agent to adopt the IDX, Inc. premier IDX Broker software for his real estate website. He can now display thousands of Massachusetts MLS Property Info Network (MLSPIN) listings directly on his professional website. With the IDX solution he employs, Preston can present his clients with an innovative and comprehensive online real estate search. Home seekers will be able to experience the most thorough and dynamic online property search, conveniently on the website Preston hosts.

BOSTON - June 5, 2013 - (RealEstateRama) -- More than 10,000 Massachusetts borrowers will receive checks in the mail next week totaling close to $16 million as part of the National Mortgage Settlement, Attorney General Martha Coakley announced today. The total relief exceeds original estimates by more than $1.3 million and is a result of a settlement with the five major lenders over unlawful foreclosures, including robo-signing of documents. Each homeowner approved by the settlement administrator should expect to receive a check in the mail for approximately $1,480 as early as next week.