Massachusetts RealEstateRama

Salem, MA - June 30, 2011 - (RealEstateRama) -- Congressman John Tierney and Professor Elizabeth Warren, Assistant to President Obama and a Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB), met with a small group of local community bankers, mortgage bankers, and realtors yesterday. Congressman Tierney invited Professor Warren to our area to continue her conversation with community bankers as the CFPB begins its mission to protect consumers with reforms to the mortgage process.

Boston, MA - June 22, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today launched Renew Boston’s Residential Solar Pilot program to encourage Boston homeowners to invest in clean renewable energy. The program is possible due to a $140,000 American Recovery and Reinvestment Act (ARRA) Energy Efficiency and Conservation Block Grant (EECBG) for small residential solar photovoltaic (PV) installations by providing matching rebates to Massachusetts Clean Energy Center’s Commonwealth Solar II program.

BOSTON, MA - June 20, 2011 - (RealEstateRama) -- MassHousing has awarded $75,000 to the Mel King Institute for Community Building, which will help Community Development Corporations and their partners build and preserve affordable housing, create jobs and foster opportunities for Massachusetts residents

BOSTON, MA - June 17, 2011 - (RealEstateRama) -- Addressing a group of 200 real estate agents, mortgage brokers, attorneys, home inspectors, and property managers, Attorney General Martha Coakley highlighted today her proposed legislation to address the ongoing mortgage foreclosure crisis that has gripped the Commonwealth.An Act to Prevent Unnecessary and Unreasonable Foreclosures, which is sponsored by Senator Karen Spilka and Representative Steven M. Walsh, requires that creditors take reasonable steps to avoid foreclosure and prohibits foreclosures without appropriate documentation.

BOSTON, MA - June 14, 2011 - (RealEstateRama) -- Following up on concerns from tenant-rights groups in Western and Central Massachusetts, the Patrick-Murray Administration’s Office of Consumer Affairs and Business Regulation is urging tenants of tornado-damaged homes to make careful decisions when deciding whether or not to break their lease.

BOSTON, MA - June 8, 2011 - (RealEstateRama) -- MassHousing Executive Director Thomas R. Gleason has been selected to speak at a national housing summit in New York City on June 9 sponsored by Standard & Poor’s that will cover a broad range of topics influencing the United States housing market

BOSTON, MA - June 3, 2011 - (RealEstateRama) -- Residents of areas impacted by this week’s tornadoes and storms should be aware that out-of-state entities often pour into an affected region offering repair assistance, and homeowners should instead rely on Massachusetts-licensed contractors, electricians, plumbers, sheet metal workers and other tradesmen to do work.The Patrick-Murray Administration’s Office of Consumer Affairs and Business Regulation registers home improvement contractors, and the Division of Professional Licensure licenses electricians, plumbers, and sheet metal workers. Both agencies offer online systems to check a licensee’s status.

BOSTON, MA - June 2, 2011 - (RealEstateRama) -- With tornado damage covered by homeowners’ insurance, the Patrick-Murray Administration’s Division of Insurance is offering tips on the best way to file a claim with an insurance company to families who suffered damage in yesterday’s tornadoes and storms.

May 31, 2011 - (RealEstateRama) -- With the arrival of summer finally upon us, The City of Springfield will, once again, team up with Daniel J. Flynn & Co., of Quincy, to hold its second auction of 2011. The portfolio for this auction includes twenty-seven (27) properties in tax-title possession and is scheduled for Tuesday, June 21, 2011. Registration begins at 5:00 P.M., and the auction will begin promptly at 6:00 P.M. The ballroom-style Auction will be conducted at Springfield City Hall located at 36 Court Street, Springfield, MA.

May 23, 2011 - (RealEstateRama) -- It's one of the most vexing -- yet explainable -- questions homeowners/property taxpayers face: How can it be that my home's value has gone down but my property tax bill has gone up?

BOSTON, MA - May 11, 2011 - (RealEstateRama) -- MassHousing has awarded $150,000 in financing to help create or preserve affordable sober housing in Sandwich and Tewksbury.

BOSTON, MA - May 6, 2011 - (RealEstateRama) -- MassHousing's Manager of Community Services Tom Lyons has been appointed to a national advisory committee on homeless veterans by Secretary of Veterans Affairs Eric K. Shinseki

WALTHAM, MA - May 3, 2011 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that the number of single-family homes and condominiums put under agreement in April went up for the third straight time compared to the month before. On an annual basis, both single-family and condominium pending sales were down from the same time last year, which was the final month for people to put a home under agreement to take advantage of the home buyer tax credit in 2010

Miami, FL - April 28, 2011 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that it has purchased a 4.17 acre development project, Legacy Park Wakefield in Wakefield, Massachusetts. The project is a MGL 40-B mixed-income market rate/affordable rental community which will consist of two, four-story garden buildings and one, three-story townhome building containing 128 total units. The garden style unit's floor plans are a mix of one, two, and three bedroom layouts, and the units range in size from 842 to 1,230 square feet. Additionally, the project will include fourteen townhouse residences located in an adjacent three-story structure. The townhouses are three bedrooms, 1.5 baths, and 2,250 square feet. Construction is slated to begin in the next few weeks with completion scheduled for the first quarter of 2012 and pre-leasing at the end of 2011.

BOSTON, MA - April 14, 2011 - (RealEstateRama) -- MassHousing announced $7.3 million in loan closings today for the acquisition and renovation of the Cheriton Grove Apartments, a 60-unit affordable housing community for senior citizens and disabled residents in West Roxbury.