Massachusetts Home Sales up Over 17 Percent in October as Buyers Took Advantage of...

WALTHAM, MA - November 24, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales were up over 17 percent compared to October 2008 as buyers made sure to take advantage of the first-time homebuyer before it was set to expire. Condominium sales also were up 17 percent. Median prices were down 2.6 percent compared to last year, while condominium median prices were down 4.0 percent. October pending sales (homes put under agreement) were up 27 percent from the same time last year. This is the fifth straight month of increases.

Neal Votes to Extend Unemployment Benefits, Homebuyers Tax Credit and Business Tax Relief to...

WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Congressman Richard E. Neal released the following statement today after the House of Representatives voted to stimulate the local economy by extending unemployment benefits and the first-time homebuyer tax credit. Additional tax relief will be targeted to military families and businesses. The House passed H.R. 3549, the Worker, Homeownership and Business Assistance Act of 2009, by a vote of 403-12.

Gov Patrick Announces $50.3 Million in Recovery Funds to Revive Stalled Housing Developments

U.S. Treasury’s tax credit exchange funds to restart 10 projects, create jobs. BOSTON, MA - October 15, 2009 - (RealEstateRama) -- As part of the Patrick-Murray Administration’s Massachusetts Recovery Plan to secure the state’s economic future, Governor Deval Patrick today announced that the state will utilize $50.3 million in federal recovery funds to create hundreds of jobs and revive affordable housing developments stalled throughout the Commonwealth due to the lack of equity available in low-income housing tax credit markets.Ten projects in Amherst, Charlton, Chelmsford, Lunenburg, Plymouth, Wareham, Watertown, West Boylston, Westfield and Worcester will receive American Recovery and Reinvestment Act (ARRA) funds to fill the financing gaps created in projects where tax credits could not leverage the equity needed to support construction costs.

MassHousing Announces Mortgage Financial, Inc. as Approved Lender for First-Time Homebuyer Tax Credit Loan

First-time homebuyers could borrow up to $8,000 in advance of federal tax credit. BOSTON, MA - August 19, 2009 - (RealEstateRama) -- MassHousing announced today that Mortgage Financial, Inc., based in Tewksbury, is an approved lender of MassHousing’s First-Time Homebuyer Tax Credit Loan that will allow first-time homebuyers to borrow up to $8,000 in advance of their federal tax credit for homes purchased with a MassHousing loan before November 30, 2009

Gov. Patrick Announces New Access to Affordable Homeownership Opportunities

SPRINGFIELD, MA - July 29, 2009 - (RealEstateRama) -- Tuesday, July 28, 2009 – As part of the Patrick-Murray Administration’s Massachusetts Recovery Plan to secure the state’s economic future, Governor Deval Patrick today announced the initial group of approved lenders for the MassHousing First-Time Homebuyer Tax Credit Loan Program. The program, unveiled in Boston earlier this month, will allow first-time homebuyers to borrow up to $8,000 in advance of their federal tax credit for homes purchased with a MassHousing loan before December 1, 2009.“It’s a great time to buy,’’ said Governor Patrick. “And we now have a network of lenders in place to help homebuyers put their federal tax credit to work now to buy their first home

G. Patrick, LT. Gov, Murray, MassHousing and MAR Announce New Program for Using $8K...

July 15, 2009 - (RealEstateRama) — At a press conference yesterday at the State House, MAR President Gary Rogers joined Governor Patrick, Lt. Governor Murray and MassHousing Chairman Dirrane announce Masshousing’s new loan program that allows first-time home buyers to “monetize” the $8,000 Federal homebuyer tax credit for downpayments and closing costs.

Mayor Menino appoints Bill McGonagle interim administrator of the Boston Housing Authority

Congratulates Sandra Henriquez on new appointment with HUD and thanks her for her leadership in Boston. Boston, MA - June 11, 2009 - (RealEstateRama) — Mayor Thomas M. Menino today announced the appointment of Bill McGonagle as interim Administrator of the Boston Housing Authority. The move comes upon the departure of current Administrator Sandra Henriquez, who is taking a position with the US Department of Housing and Urban Development as Assistant Secretary of Public and Indian Housing.

Mintz Levin Recognized by Lawyers Clearinghouse for its Dedication to the Legal Needs of...

Boston, MA - June 11, 2009 - (RealEstateRama) — Lawyers Clearinghouse on Affordable Housing and Homelessness honored Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. and the firm's program coordinators, attorneys Colin Van Dyke and Jehanne Bjornebye, for their dedication to the Massachusetts Legal Clinic for the Homeless. The firm was recognized at the organization's 21st Annual Meeting on June 9 at the offices of Nixon Peabody

RHA Fair Housing Seminar

March 12, 2009 - (RealEstateRama) — If you have not taken a Massachusetts specific Fair Housing course then you do not understand how fair housing laws apply in the Commonwealth. While federal fair housing laws establish minimum standards, states are empowered to expand upon those standards.

Firm Offers Unique Way of Relieving the Stress of Property Taxes

BOSTON , Oct. 21 /PRNewswire/ -- Chicago-based property tax consulting firm Advantax(R) is offering visitors to its booth at the Boston Convention & Exhibition...

Donate time and get tax relief

West Roxbury -Looking to help out elderly residents saddled with rising property taxes, the city will offer tax abatements in exchange for volunteerism. The crux...


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