Yearly Archives: 2011

October 17, 2011 - (RealEstateRama) -- Two preservation projects on property overseen by the Boston Parks and Recreation Department were recognized with 2011 Preservation Achievement Awards at the annual awards ceremony hosted by the Boston Preservation Alliance at the Paramount Center on October 6.

October 10, 2011 - (RealEstateRama) -- As the winter months are fast approaching, the Inspectional Services Department (ISD) would like to remind homeowners and tenants to prepare for the winter early. According to the Massachusetts State Sanitary Code, the heating season officially begins on September 15 and runs through June 15^th, at which time landlords and property managers must supply functioning heating systems. These facilities must heat habitable spaces at a minimum temperature of 68° during the day, 7a.m. to 11:00 p.m. and 64° in the evening 11:01p.m. to 6:59a.m.

Washington, DC - October 10, 2011 - (RealEstateRama) -- Today, Congressman John Tierney (MA-06) will join a group of lawmakers in a meeting with Acting Director Edward DeMarco of the Federal Housing Finance Agency (FHFA) to discuss President Obama's proposal to allow more American families to refinance their mortgages at historically low interest rates. The meeting is the result of increased pressure from Tierney and a group of his Democratic colleagues on the FHFA to discuss quick implementation of the proposal President Obama mentioned during his recent address to Congress.

BOSTON, MA - September 29, 2011 - (RealEstateRama) -- Foreclosure initiations spiked in all the New England states during the recent economic downtown, ranging from a peak of less than 3.0% of outstanding mortgages in Vermont in 2010 to a peak of 5.5% of outstanding mortgages in Rhode Island in 2009. Across the entire New England region in 2010, more than 7% of all mortgage holders– nearly 133,000 homeowners – were seriously delinquent in making payments. In response, state and local policymakers have created their own foreclosure prevention programs to supplement those available nationwide.

WASHINGTON, DC - September 28, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging Craig Robbins, a Springfield, Massachusetts landlord, with violating the Fair Housing Act for allegedly refusing to rent or show an apartment to families with children because he claimed he did not have certification that the apartment was free of lead-based paint.<

BOSTON, MA - September 26, 2011 - (RealEstateRama) -- The owner and landlord of a Cambridge apartment building has been sued for violating state anti-discrimination, lead paint, consumer protection, and housing laws, Attorney General Martha Coakley announced today.

BOSTON, MA - September 22, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed a $45 million loan for the acquisition and preservation of the 432-unit Westminster Village Arms apartments in Lowell.

WESTFIELD, MA - September 21, 2011 - (RealEstateRama) -- U.S. Small Business Administration (SBA) low-interest disaster loans are not limited to just business owners. They are also a main source of aid for individuals and families with damage and losses from Tropical Storm Irene.

BOSTON, MA - September 20, 2011 - (RealEstateRama) -- MassHousing announced today that it provided $792.5 million for affordable housing in fiscal year 2011, helping to drive the Agency to its second-best lending year in its 45-year history.

Washington, DC - September 14, 2011 - (RealEstateRama) -- Today, Congressman John Tierney joined Congressman Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, Congressman Dennis Cardoza, Co-Chair of the Housing Stabilization Task Force, and dozens of lawmakers in sending a letter to Edward DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA), renewing their request for a meeting to begin discussing a plan to allow more American families to refinance their mortgages at historically low interest rates.

Concord, MA - September 14, 2011 - (RealEstateRama) -- Jacob Clayton, Executive Director of Business Development, at Barrett & Company Real Estate was a speaker at the recent Leading Real Estate Companies of the World® Fall Workshop in Providence, RI. The meeting attracted brokers, managers and relocation professionals from Leading Real Estate Companies of the World®, a global network of 550 premier real estate firms. His session, Rental & Property Management Opportunities in Today’s Market, addressed a topic of vital interest in the real estate community, sharing insights to help educate fellow LeadingRE members.

Boston, MA - September 13, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined Evelyn Friedman, Director of the Department of Neighborhood Development (DND), and 12 first-time homebuyers of formerly foreclosed properties for a housewarming celebration on Rockwell Street in Dorchester.

Boston, MA - September 8, 2011 - (RealEstateRama) -- For the second year in a row, Cape Cod Five Cents Savings Bank made more affordable MassHousing home mortgage loans than any other Barnstable County lender.

EUGENE, OR - September 8, 2011 - (RealEstateRama) -- IDX, Inc. and Ryan Corvino have united to present Boston, Massachusetts home seekers with a unique online real estate solution. Corvino has enabled IDX Broker software on his professional website and created an innovative property search resource that gives his clients access to thousands of Massachusetts MLS (MLSPIN) listings. IDX Broker now extracts raw listing data from MLSPIN and seamlessly displays it onto the search page Covino hosts, simplifying the online real estate search process for agents, brokers and home seekers alike.

Boston, MA - September 1, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined U.S. Department of Housing & Urban Development Secretary Shaun Donovan as HUD announced that Boston is receiving $20.5M to redevelop the Woodledge/Morrant Bay Apartments and revitalize Dorchester’s Quincy Corridor.