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Massachusetts Home Buyers Did Not Slow Down as Pending Homes Sales Up Significantly in...
The Massachusetts Association of REALTORS® (MAR) reported today that very strong buyer activity in August pushed pending home sales up over 40 percent from the same month last year. REALTORS® showed growing confidence in the market again in August as the REALTOR® Market Confidence Index was up over 20 percent from August 2014. This month’s “Hot Topic” question finds that “boomerang buyers” are not as active in Massachusetts
Former Roxse Homes Workers Charged with Taking Bribes
Two former Roxse Homes employees were arrested today on charges that they conspired to rent apartments at the housing development in Roxbury to individuals who were not qualified for those apartments, in exchange for cash bribes
WARREN, MARKEY, KEATING, KENNEDY ANNOUNCE $400K IN FEDERAL SUBSTANCE ABUSE GRANTS FOR FALL RIVER
Senator Elizabeth Warren, Senator Edward J. Markey, Congressman Bill Keating (MA-9) and Congressman Joe Kennedy III (MA-4) today announced that Steppingstone Incorporated, a substance abuse treatment center in Fall River, will receive $400,000 in federal grants. The funding will support Project Reentering Offenders Achieving Recovery (ROAR), a collaborative effort between Steppingstone Inc. and the Bristol County Sheriff’s Office to provide treatment and training for male offenders with a history of substance abuse
CONEG Takes Action On Opioid Abuse, National Surface Transportation Legislation, and Low Income Home...
The Coalition of Northeastern Governors (CONEG), under the leadership of Chair Governor Dannel P. Malloy (CT) and Vice-chair Governor Charlie Baker (MA) took action on three fronts issuing letters regarding the opioid epidemic, national surface transportation legislation, and Low Income Home Energy Assistance Program (LIHEAP)
Families at Lincoln Apartment Community Will See Affordability Preserved and Property Renovations as a...
Families living at the 125-unit Lincoln Woods Apartments in Lincoln will see the extension of affordability and significant property improvements with the closing of $15.6 million in MassHousing financing
Milton Man Charged with Wire Fraud in Real Estate Investment Fraud Scheme
Daniel J. Flynn, III, 52, of Milton, was arrested and charged in U.S. District in Boston with wire fraud. According to the criminal complaint, Flynn defrauded investors of millions in a real estate investment scheme that began in at least 2007.
Active Spring Market Pushed Massachusetts Closed Home Sales Up in July
The Massachusetts Association of REALTORS® (MAR) reported today that ongoing buyer activity in the spring pushed single-family home sales up in July over 19 percent compared to the same time last year. This is the biggest year-over-year increase since September 2013. The median price of single family homes was also up for the 11 time in the last 13 months. New listings added to the market were up almost seven percent over last year. Both condominium closed sales and median prices were up.
Mayor Walsh Announces Update on Plan to House Homeless Veterans
Thursday, August 20, 2015 - Following up on his commitment to end veterans homelessness by the end of 2015, Mayor Martin J. Walsh today announced that 367 homeless veterans have been housed since his Administration launched the program in July 2014
AG Healey Sues Mortgage Broker and Insurance Agent for Taking Advantage of Elderly Homeowners
A Norwell-based mortgage broker, one of its loan originators, and an outside insurance agent have been sued for sales tactics that convinced elderly homeowners to apply for reverse mortgages and invest their proceeds in risky financial products, including variable annuities, Attorney General Maura Healey announced today.
Settlement Requires Milford, Mass. Glass Manufacturer to Improve Stormwater Treatment
Wastewater discharged by a glass manufacturing company in Milford, Mass. into wetlands adjacent to the Charles River will be cleaner as a result of a recent settlement between the manufacturer and the US Environmental Protection Agency. Ardagh Glass Inc. agreed to pay a $103,440 penalty and to fund three environmental projects costing a total of about $121,700 to settle claims it was discharging wastewater in violation of its permits
Over 100 Logan Airport Workers to Go on Strike
As vacation-goers get ready to fly out of Logan, more than 100 non-union contracted airplane cleaners and baggage will go on strike to protest unfair labor practices committed by their employer, airline contractor G2 Secure Staff. G2 is currently under federal investigation by the National Labor Relations Board for violation of workers’ rights. This contractor provides services for Delta, American and other airlines.
Massachusetts Buyers Keeping Market Active in July by Pushing Pending Home Sales Up
The Massachusetts Association of REALTORS® (MAR) reported today that the summer market has remained strong as pending home sales went up over 37 percent from the same time last year. The REALTOR® Market Confidence Index was up 20 percent from July 2014. This month’s “Hot Topic” question finds that a third of REALTORS® who responded reported an increase in the use of seller contingencies because of the low number of homes for sale.
Revere Attorney Ordered to Pay More Than $625,000 for Unfair and Deceptive Foreclosure Relief...
A Revere attorney and his two businesses have been ordered to pay more than $625,000 for targeting homeowners with deceptive advertisements and demanding thousands in illegal advance fees for mortgage modification and foreclosure relief services they failed to deliver, Attorney General Maura Healey announced today
Free Homebuyer Fairs August 22 at Northshore Mall and Solomon Pond Mall
MassHousing, the Massachusetts Division of Banks and the Massachusetts Association of REALTORS® will host two free home buying fairs on Saturday, August 22 at the Solomon Pond Mall in Marlborough and the Northshore Mall in Peabody
Springfield Landlord Resolves Allegations of Disability-Based Housing Discrimination
A Springfield landlord, property management company, and condominium trust have agreed to attend fair housing training, implement a reasonable accommodation policy, and pay $15,000 to resolve allegations that they failed to timely grant requests for a wheelchair ramp and easier building access for a tenant whose young son is severely disabled, Attorney General Maura Healey announced today