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RealEstateRama

Massachusetts RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Massachusetts Real Estate publishing community.

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2017 REALTORS® Legislative Meetings & Trade Expo in Washington D.C.

On behalf of current and future home and property owners throughout the country, more than 9,600 REALTORS® traveled to Washington, D.C., in mid-May to advance key real estate issues during the 2017 REALTOR® Legislative Meetings & Trade Expo.

Owner of Construction Companies Indicted for Workers’ Compensation Fraud

The owner of two Boston-based construction companies has been indicted on charges of workers’ compensation fraud in connection with failing to obtain workers’ compensation insurance, Attorney General Maura Healey announced today

Senators Markey and Warren Request Release of Low-Income Home Energy Program Funds

Massachusetts Democratic Senators Edward J. Markey and Elizabeth Warren today asked Secretary of the Department of Health and Human Services to release the remaining ten percent of Low-Income Home Energy Assistance (LIHEAP) funds, amounting to approximately $300 million, to help families in Massachusetts and across the nation who need help heating and cooling their homes. construction scheduling

City Launches Healthy Homes Program, $5 Million Housing Rehabilitation Program in Memorial Square and...

The City of Springfield is launching the Healthy Homes Program (HHP), which will make federal housing rehabilitation funds available to owners of 1-4 unit residential properties in the Memorial Square and Six Corners neighborhoods. HHP provides funds for home rehabilitation, abatement of lead, removal of asthma triggers, and improvement of energy efficiency. It is an integrated, whole-house approach that produces sustainable, green, healthy and safe homes.

Three Construction Companies Cited More Than $600,000 for Failing to Properly Pay Workers on...

Three Massachusetts construction companies have been cited more than $600,000 in total in restitution and penalties for failing to pay the proper prevailing wage rate to employees for work performed on public projects as well as other violations of state wage laws, Attorney General Maura Healey announced today.

Lt. Governor Polito Breaks Ground on $2.5 Million Downtown Revitalization Project in Leominster

Lieutenant Governor Karyn Polito joined Assistant Secretary for Communities and Programs Juan Vega, Leominster Mayor Dean Mazzarella, Senator Jennifer Flanagan, Representative Natalie Higgins, and other community leaders to break ground on Leominster’s downtown revitalization project.

Spring Market Blooming Despite Ongoing Inventory Shortage and High Prices

The Massachusetts Association of Realtors® (MAR) reported today that the number of closed single-family home sales were up more than two percent over March 2016, with median price also seeing a hike. This is despite the month seeing the lowest number of homes for sale since MAR began recording the data in 2004. Condominium sales and price also rose over last year.

One Charlestown and the future of public housing

The unique sound of spring in the Charlestown public housing development is a chorus of chirping birds and smoke detectors chirping for new batteries. Residents there also complain of poor ventilation and long stretches without hot water. The Boston Housing Authority has only $6 million a year to put toward a growing $750 million maintenance backlog across its entire stock of 12,623 public housing units.

Baker-Polito Administration Files $1.287 Billion Affordable Housing Bill To Increase Development, Extend Key Tax...

The Baker-Polito Administration filed a housing bond bill seeking $1.287 billion in additional capital authorization, to allow the Commonwealth to continue state support for the construction and preservation of affordable housing, and provide funds for public housing maintenance and improvement

Senators Warren and Markey Call on FERC to Revoke Decision to Allow Western Mass....

United States Senators Elizabeth Warren (D-Mass.) and Edward J. Markey (D-Mass.) today sent a letter to the Federal Energy Regulatory Commission (FERC), calling on the agency to revoke its authorization for Kinder Morgan to begin construction on its Connecticut Expansion Project in Western Massachusetts until FERC is able to consider pending challenges to the project. The Senators also note that FERC is allowing construction to begin even when it cannot currently consider pending requests for rehearing on this project because it lacks sufficient commissioners to constitute a quorum

Pending Sales Increases Continue from Busy Winter into the Spring Market

The Massachusetts Association of Realtors® (MAR) reported today that the spring market is off to a good start with pending sales up over six percent from this time last year. Pending sales have been up 48 of the last 49 months. Condominiums put under agreement also saw a hike over last year, with an increase of over 14 percent from 2016.

Seniors to Receive More Than $130,000 in Settlement With Insurance Agent and Mortgage Broker...

Massachusetts seniors will receive more than $130,000 in refunds as a result of a settlement with a mortgage broker, its employee and an insurance agent that resolves claims they induced elderly clients to take out reverse mortgages and invest the proceeds in unsuitable variable annuities, Attorney General Maura Healey announced today.

Pending Sales Maintain Steady Year-Over-Year Increases for Almost Four Years This February

The Massachusetts Association of Realtors® (MAR) reported today that ongoing buyer demand pushed pending sales up three percent over last year. Pending sales have been up 47 of the last 48 months, marking almost four years of positive gains in single family homes put under agreement. Realtors® confidence both in the market and in home prices was positive in February. This month’s “Hot Topic” question finds that the conversation of "tiny" houses has never come up between the majority of Realtors® and their clients

AG Healey Launches Grant Program to Promote Equal Opportunity for Women, Minority Workers in...

Continuing her commitment to advance the economic opportunity of Massachusetts residents, Attorney General Maura Healey today announced a new grant program aimed at providing opportunities for women and minority workers and small business owners in the public construction industry

MassHousing Provides $102.7 Million in Financing for Four Affordable Housing Communities for Senior Citizens...

Senior citizens living in four affordable housing communities in Boston, Framingham, Newton and New Bedford will see the preservation of affordability and extensive property renovations as a result of $102.7 million in MassHousing financing

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What the heck is a condotel?

Have you ever dreamed of living in a hotel? Just imagine: You'd have housekeepers, valet drivers, room service and more -- all there to...

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Rising Pending Home Sales in September Could Signify a Busy Fall...

The Massachusetts Association of Realtors® (MAR) reported today that single-family pending home sales jumped over four percent this month from September of last year, with prices rising close to five percent. Pending condominium sales were also up, rising more than three percent over last year, while prices increased slightly. Realtors® confidence in the market and in home prices were both up again in September. This month’s “Hot Topic” question asks Realtors® how they would describe the appraisal process in the last six months