Archives

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

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.

Boston, MA - April 121, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino announced today that in the last decade (2000 – 2010), 20,500 new units of housing were produced in the City of Boston, 5,500 of which are affordable to low and moderate income households. The total number of housing units in Boston has increased by 8.2% from the prior decade and the number of new housing developments in the last decade exceed the number of housing starts for the past six decades.

BOSTON, MA - April 8, 2011 - (RealEstateRama) -- MassHousing announced $14.9 million in loan closings today to preserve affordability at the 110-unit Framingham Green Apartments in Framingham and the 150-unit Valebrook Apartments in Lawrence, which were in danger of converting to market rate rents

QUINCY, MA - March 30, 2011 - (RealEstateRama) -- 2011¡XSouth Shore residents in danger of losing their homes to foreclosure will soon have access to expanded foreclosure prevention counseling services through a joint initiative sponsored by the Norfolk County Registry of Deeds, Neighborhood Housing Services of the South Shore and the South Shore HOME Consortium.

Boston, MA - March 29, 2011 - (RealEstateRama) -- Mayor Menino announced today that Boston, already a national leader in green building, will launch the Energy Positive "E+" Green Building Demonstration Program, a residential design and construction initiative to bring energy, environmentally, and equity positive green homes to Boston's neighborhoods. The program seeks to promote the future generation of home construction - combining high quality living space with clean energy production that helps power the neighborhood. E+ Green Buildings produce more energy than they use on an annual basis, giving energy back to the grid and saving homeowners money.

BOSTON, MA - March 17, 2011 - (RealEstateRama) -- MassHousing announced today that it has approved $2.2 million in loans for the Greenway Apartments in East Boston, which will feature 27 new affordable apartments for low-income families

Miami Beach, FL - March 11, 2011 - (RealEstateRama) -- The Federated Companies has recently acquired the land asset located on 191 Beach Road, Salisbury, Massachusetts. The land is a 13.2 acre development site in the Town of Salisbury. The property is located within walking distance to the beach, approximately 500 yards to the east. It has 900 feet of frontage along Route 1A at the entrance of Salisbury Beach and the seacoast.

BOSTON, MA - March 8, 2011 - (RealEstateRama) -- MassHousing has closed a $1 million loan for the Forest Park Apartments in Springfield, which have revived a vacant, crime-plagued property with more than 100 new apartments.

BOSTON, MA - March 7, 2011 - (RealEstateRama) -- A real estate investor has pled guilty in connection with participating in a complex scheme in which fraudulent documents were used to defraud homeowners and mortgage lenders in real estate transactions involving 26 distressed properties in the Greater Boston area, Attorney General Martha Coakley’s Office has announced.John Sweetland, age 29, of Yorba Linda, California, pled guilty in Suffolk Superior Court this week to charges of Larceny over $250 (33 Counts), Making or Publishing False or Exaggerated Statements (11 counts) and Attempt to Make or Publish a False or Exaggerated Statement (3 counts).

Washington, DC - March 4, 2011 - (RealEstateRama) -- As the nation’s foreclosure crisis continues, Congressman John Tierney (MA-06) yesterday joined a select group of his congressional colleagues at a meeting with Treasury Secretary Timothy Geithner and Secretary of Housing and Urban Development Shaun Donovan to demand answers for the Administration’s failure to assist homeowners facing foreclosure through the plagued federal Making Home Affordable Modification Program (HAMP).

Boston, MA - March 2, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today announced new funding that will put the city one step closer to his goal of ending long-term homelessness. With an investment from the Citizens Bank Foundation, the Massachusetts Housing and Shelter Alliance (MHSA) has pledged $50,000 to help expand the Boston Public Health Commission’s High Utilizers of Emergency Services (HUES) to Home program, which provides housing and support services for chronically homeless people who are frequent users of the city’s emergency departments.