Blog Page 3

Real Estate and Personal Property Tax Payments are Due Wednesday, February 1st.

FY 2017 third quarter Real Estate and Personal property tax bills are due on Wednesday, February 1st. Bills were mailed to all property owners on December 31st, and include both the February payment stub and the May stub which will be due on May 1, 2017.

Sen. Warren Questions HUD Secretary-Designate’s Priorities for the Agency

U.S. Senator Elizabeth Warren (D-Mass.) today sent a letter to the U.S. Department of Housing and Urban Development (HUD) Secretary-Designate, Dr. Ben Carson, raising questions about Carson's experience and priorities for the agency. This letter comes in advance of Dr. Carson's appearance before the Senate Committee on Banking, Housing, and Urban Affairs on Thursday

Pending Home Sales and Market Confidence in Massachusetts Housing Market both up in December...

The Massachusetts Association of Realtors® (MAR) reported today that holiday cheer wasn’t the only thing in abundance in December as both the number of homes put under agreement and prices were up in the final month of the year. This was also true for condominiums put under agreement. This trend was mirrored in the year-end totals for 2016 compared to 2015. Realtors’® confidence in the market was positive again in December as their confidence in prices was down slightly.

Baker-Polito Administration Awards $17.8 Million for Elderly Public Housing Rehabilitation

The Baker-Polito Administration announced $17.8 million in grant funding to four local housing authorities, to preserve and modernize affordable public housing units for elderly and disabled residents. The funding is being awarded from the Department of Housing and Community Development’s Modernizing Public Housing and Supporting Elders (ModPHASE) Program, in collaboration with the Executive Office of Elder Affairs

Run-up to Election Didn’t Keep Home Buyers on Sidelines as November Sales and Prices...

The Massachusetts Association of Realtors® (MAR) reported today that buyers didn’t let the presidential election season keep them from buying homes this past fall as closed home sales were up nearly 20 percent in November compared to the same time in 2015. Both sales and median prices for single-family homes reached their highest levels for November since 2004. Inventory continued its downward trend dropping to its lowest level since January 2004. Median prices and sales both rose for condominiums this month.

Residents at the Berkshire Peak Apartments in Pittsfield Will See Extension of Affordability and...

Residents living at the 120-unit Berkshire Peak Apartments in Pittsfield will see the extension of affordability in perpetuity and moderate property improvements as a result of $10 million in MassHousing financing.

Town of Scituate Library Building Project

The Public Building Commission of the Town of Scituate, Massachusetts will issue periodic public updates about the construction progress for the Town Library project. Groundbreaking occurred on September 1, 2015. The project remains on budget.Completion is anticipated for Spring 2017

Led by Merkley, Warren and Sanders, Senate Democrats Roll Out New Website Inviting Personal...

U.S. Senators Jeff Merkley (D-OR), Elizabeth Warren (D-MASS) and Bernie Sanders (I-VT) announced that Senate Democrats have launched a new website inviting Americans to share their personal stories of being impacted by the foreclosure practices of Donald Trump's Treasury Secretary nominee, foreclosure king Steve Mnuchin.

Homebuyers Stayed Focused in November and Pushed Pending Home Sales Up

Realtor® clients showing some concern with interest rates increasing  WALTHAM, Mass. – December, 14, 2016 – The Massachusetts Association of Realtors® (MAR) reported today that...

Former Framingham Housing Authority Employee Pleads Guilty to Embezzling Rent Payments

A Milford woman pleaded guilty today in U.S. District Court in Boston in connection with embezzling over $70,000 in rent payments owed to the Framingham Housing Authority (FHA). Rosa A. Famania, 33, pleaded guilty to one count of embezzling money from an agency receiving federal funds. U.S. District Court Chief Judge Patti B. Saris scheduled sentencing for March 14, 2017

Boston Bar Foundation Awards $380,000 in Grants to Eight Legal Services Organizations

Existing-home sales are forecast to muster only a small gain in 2017 because of incre the charitable affiliate of the Boston Bar Association – announced today that it will provide $380,000 in grants to eight community organizations that work to provide legal services to those in need. The funding – which was distributed to the BBF from the Massachusetts Interest on Lawyers Trust Accounts (IOLTA) – stems from Bank of America’s (BOA) 2014 settlement for the bank’s involvement in residential mortgage-backed securities and other unlawful conduct that contributed to the housing/financial crisis

Mayor Martin J. Walsh, HUD Deputy Secretary Nani Coloretti Announce $30 Million Grant to...

Mayor Martin J. Walsh today joined U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Nani Coloretti, the Boston Housing Authority, Department of Neighborhood Development, Preservation of Affordable Housing, Madison Park Development Corporation, elected officials, and Whittier Street housing development residents to announce a $30 million federal grant to support the revitalization

Senators Markey and Merkley Lead Effort Calling for 100% Clean and Renewable Energy by...

Senators Edward J. Markey (D-Mass.) and Jeff Merkley (D-Oreg.) today introduced a Senate resolution calling for generating 100 percent of the electricity consumed in the United States from clean and renewable energy resources by 2050. The resolution points to the enormous job creation potential of transitioning to renewable energy sources such as wind, solar and geothermal, particularly in communities with high rates of unemployment or underemployment

Private and Public Sources Have Invested $56 Million in Downtown Framingham

Downtown Framingham has experienced $56 million in investment from both public and private sources in the past few years, the Town of Framingham announced today. Those numbers include transportation and utility infrastructure upgrades as well as expansion by private businesses and nonprofit organizations. Last year, Special Town Meeting members approved new zoning plans, which has driven some of the new investment.

Weymouth Broker Installed as 2016 President-Elect of the Massachusetts Association of Realtors®

Rita Coffey, Carver resident and associate broker at CENTURY 21 Tullish & Clancy in Weymouth, was installed on December 5, 2016 as president-elect of the 24,000-member Massachusetts Association of Realtors® (MAR) for 2017.  The event took place at the Edward M. Kennedy Institute in Boston, Mass. and included the installation of the MAR Board of Directors and Executive Committee. Coffey’s term officially begins on January 1, 2017


Housing downturn isn’t just hard on sellers

For local real estate agents, it's survival of the fittest Part of the allure of the real estate market is the ability to make a...


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

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