Monthly Archives: February 2014

REALTORS® Felt Confident about Prices in January, but Not as Positive about the Market

WALTHAM, Mass. - February 19, 2014 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that the January REALTOR® Market Confidence Index (RMCI) was down for the third straight month in January. The REALTOR® Price Confidence Index (RPCI) continued its streak of positive months as it was up again compared to the same month in 2013. The results of the January “Hot Topic” question showed that the thefts of valuable metals from homes are impacting the sales of those homes.

Charities Say Lower Threshold for Specialty Plates Would Lift Donations

STATE HOUSE, BOSTON, - February 19, 2014 - (RealEstateRama) -- ......Saying it will help with donations, Massachusetts charities want the Legislature to lower the limit on the number of specialty license plates organizations must sell before the Registry of Motor Vehicles will manufacture their plate design.

MassHousing Awards $290,000 for Affordable Sober Housing

BOSTON - February 18, 2014 - (RealEstateRama) -- MassHousing has awarded $290,000 to support sober housing programs in Boston, Dartmouth, Norton and Worcester

Village Mortgage is a MassHousing Approved Lender

BOSTON - February 18, 2014 - (RealEstateRama) -- MassHousing announced today that Village Mortgage is now an approved lender of MassHousing’s family of affordable, fixed-rate, home loan products for low- and moderate-income homebuyers.

Dedham Savings Enhances Website to Generate MassHousing Loans

BOSTON - February 13, 2014 - (RealEstateRama) -- Dedham Savings has enhanced its website to include more information for consumers who are interested in MassHousing's family of quality, fixed-rate home mortgage products for low and moderate-income homebuyers.

Heating Contractor Pleads Guilty, Sentenced for Illegally Removing Asbestos From Medway Rental Property

DEDHAM - February 10, 2014 - (RealEstateRama) -- A Plainville-based heating contractor has pleaded guilty and been sentenced to jail in connection with the improper removal of asbestos in a single-family rental property in Medway and for witness intimidation, Attorney General Martha Coakley announced today.

MassHousing Closes $8.9 Million in Loans for the Renovation and Preservation of Affordability at...

BOSTON - February 10, 2014 - (RealEstateRama) -- MassHousing announced today that it has closed $8.9 million in financing for the renovation and preservation of affordability at the 101-unit Central Annex Apartments for elderly and disabled residents in Pittsfield.

Real Estate Developer Sued for Taking Advantage of Sharon Homebuyers

BOSTON - February 4, 2014 - (RealEstateRama) -- A real estate developer has been sued for allegedly taking more than $200,000 in advance payments for new, single-family homes in Sharon that were never provided, and refusing to return the deposits, Attorney General Martha Coakley announced today.

MassHousing Closes $2.3 Million Loan for the Acquisition and Redevelopment of the Counting House...

BOSTON - February 4, 2014 - (RealEstateRama) -- MassHousing announced today that it has closed a $2.3 million permanent loan for the acquisition and redevelopment of the 52-unit Counting House Lofts in Lowell Counting House Lofts is being developed by WinnDevelopment of Boston.

Massachusetts REALTORS® Praise Senate Passage of Bill to Delay Flood Insurance Rate Hikes

WALTHAM, Mass. - February 4, 2014 - (RealEstateRama) -- Massachusetts REALTORS® applauded U.S. Senate passage today of the Homeowner Flood Insurance Affordability Act, S. 1926. In a 67-32 bi-partisan vote, the bill would require a four year delay in implementation of costly flood insurance rate increases resulting from the 2012 Biggert-Waters Act.

Real Estate Developer Repays More Than $525,000 to Homebuyers Over Allegations of Unreturned Deposits

BOSTON - February 4, 2014 - (RealEstateRama) -- A real estate developer who allegedly took thousands of dollars in advance payments for new, single-family homes that were never delivered, has repaid more than $525,000 to affected homebuyers, and has been permanently required to protect any future consumer deposits, Attorney General Martha Coakley announced today

MassHousing and Department of Housing and Community Development Announce Loan Closings on $14.5 Million...

BOSTON - February 3, 2014 - (RealEstateRama) -- MassHousing and the state Department of Housing and Community Development (DHCD) announced $14.5 million in Affordable Housing Trust Fund (AHTF) loan closings today for affordable housing communities in Boston, Brockton, Cambridge, Chelmsford, Easthampton, Marion, Revere, Springfield, Westford and Winthrop

Mayor Walsh Releases Results of 2013 Homeless Census

WASHINGTON, D.C. - February 3, 2014 - (RealEstateRama) -- Mayor Martin J. Walsh visited a city-run shelter at Long Island today to meet guests and staff, to learn more about programs, and to release the findings of Boston’s 34thAnnual Homeless Census. Conducted six weeks ago by city officials, community leaders, and more than 350 volunteers, this year’s results show a 3.8% increase in the number of homeless men, women, and children in the City of Boston. The point-in-time count found 7,255 homeless persons, compared to 6,992 the previous year

Recent

AG Healey Secures $2 Million in Restitution for 20,000 Massachusetts Homeowners...

One of the nation’s largest mortgage servicers will pay $2 million in restitution to resolve allegations that it violated state law and committed unfair and deceptive practices by charging Massachusetts homeowners for unnecessary fees and overpriced force-placed insurance policies, Attorney General Maura Healey announced today