Apartment Complex Owner Pays Fine for Failing to Warn Tenants about Lead Paint in...

Boston, MA - November 30, 2009 - (RealEstateRama) -- The owner of a 25-unit apartment building in Springfield, Mass. has agreed to pay a fine of $10,000 to settle an EPA enforcement action alleging violations of federal lead-based paint disclosure requirements.

Mayor Menino Celebrates Grand Opening of Dudley Village Homes

$20M Transformation Provides New Rental Housing for Families in Dorchester. August 10, 2009 - (RealEstateRama) -- Mayor Thomas M. Menino and Department of Neighborhood Development (DND) Director Evelyn Friedman today joined the Dorchester Bay Economic Development Corporation (DBEDC), the Dudley Street Neighborhood Initiative (DSNI), and community members to celebrate the grand opening of Dudley Village Homes in Dorchester. In total, the project brings 50 much-needed affordable rental units for low-income residents in the Dudley Street Neighborhood Initiative (DSNI) core area. Mayor Menino said this five-building $20 million transformation of Dudley Street was made possible in part by a DND contribution of more than $2 million, and is subject to a 99-year land lease agreement with DSNI.

MassHousing Announces $1 Million Loan Commitment for the Acquisition and Redevelopment of Longhill Gardens...

Demolition and renovation of severely distressed housing will result in 109 units of quality rental housing, of which 88 units will be for low-income families. BOSTON, MA - June 25, 2009 - (RealEstateRama) — MassHousing announced today that it will loan up to $1 million to WinnDevelopment of Boston for the acquisition and renovation of Longhill Gardens in Springfield, which will result in 109 renovated units of quality rental housing.

April Median Prices Showed Slight Signs of Improvement as Massachusetts Home Sales Down

WALTHAM, Mass. - May 25, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that median home prices for single-family homes and condominiums showed slight signs of improvement in April. While median prices were down 12.5 percent for single-family homes and 14.2 percent for condos, it is the smallest annual price decrease since October 2008 and November 2008 respectively. On a month-to-month basis single-family median prices were up 7.8 percent from March, the largest month-to-month increase since MAR has been tracking monthly median prices. Single-family home sales were down 13 percent in April compared to the same time last year, while condominium sales were down 28.8 percent.

“On a year-over-year basis, median prices are still feeling the weight of the market correction that has been taking place over the past 20 months,” said MAR President Gary Rogers, a broker at RE/MAX First Realty in Waltham. “However, it is encouraging to see month-to-month median prices going up, as it is reflective of the increased activity REALTORS® are seeing today as buyers are looking to get back into the market.”

Massachusetts Single-Family Home Sales Down in March as Prices Up Slightly from February

First quarter sales down for single-family and condos while multi-family sales increase over 50%. WALTHAM, MA - April 29, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales were down 4.7 percent in March compared to the same time last year, while condominium sales were down 19.8 percent. Median prices were up from February for both single-family homes and condos. However, the year-over-year median price for a single-family home was down 19 percent and condominiums prices were down 14.9 percent compared to March 2008.

Governor Patrick Announces Free Homebuyer Fairs and Open Houses to Promote Affordable Homeownership Opportunities...

BOSTON, MA - April 27, 2009 - (RealEstateRama) — As part of his Massachusetts Recovery Plan to secure the state’s economic future, Governor Deval Patrick today announced today that the latest series of free “Opportunity Knocks’’ regional homebuyer fairs and open houses to promote affordable homeownership opportunities in Massachusetts will held on Saturday, May 2, and Saturday, May 9, at 10 shopping malls across Massachusetts.

Massachusetts REALTORS Proclaim Congressman Barney Frank its First ‘Distinguished Champion of Housing Opportunities’

WALTHAM, MA - April 01, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) announced today that it has named Congressman Barney Frank, Chairman of the House Financial Services Committee, its first “Distinguished Champion of Housing Opportunities.” Chairman Frank received the proclamation from the Association for his tireless work and support for legislation and regulations to ensure a robust and sustainable housing market. MAR made the presentation to the Chairman at the New Bedford Area Chamber of Commerce’s Annual Congressional Luncheon on Friday, March 27, 2009 in Acushnet, Mass

Massachusetts Home Sales Down Again in February

WALTHAM, MA, - March 26, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales were down 11.4 percent in February compared to the same time last year, while condominium sales were down 16.4 percent. The median price for a single-family home was $252,500 and the median price for a condominium in February was $213,250.

Tiger Home Inspection Promoting the Use of REALTORS in Radio Public Service Campaign

PSAs to run on Boston-area radio stations 105.7 WROR-FM and 102.5 WKLB-FM over 40 weeks in 2009

Mayor Menino Announces Boston’s New Leading the Way III Housing Strategy

Executive Summary Details Focus on Workforce Housing; Continued Foreclosure Reclamation; Homelessness Reduction, Rental Housing Preservation

Housing Market Hits a Triple for First-Time Homebuyers

Affordable prices, low mortgage rates and $8000 tax credit create unique opportunity


Investment expected to leverage $150 million to keep 9,000 homes affordable in Massachusetts

Massachusetts REALTORS Report Single-Family Home Sales Gains in December

WALTHAM, MA - January 27, 2009 - (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that single-family homes sales were up 3.2 percent in December compared to the same time last year. While median prices continue to go down, this is the third month in the last four to experience sales increases.

Attorney General Martha Coakley Obtains Consent Judgment Against Springfield Landlord Accused of Housing Discrimination

SPRINGFIELD, MA - September 16, 2008 - (RealEstateRama) — Today, Attorney General Martha Coakley’s Office obtained a consent judgment against a Springfield landlord accused...

Governor Patrick Pledges $142 million in Public and Private Resources to Develop Affordable Rental...

Program funds, tax credits used to build, preserve 1,218 apartments in 20 communities MA - August 14, 2008 - (RealEstateRama) — Governor Deval Patrick today...


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