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Massachusetts Home Sales Flat in December After a Strong Year
The Massachusetts Association of Realtors® (MAR) reported today that 2016 closed out in December with single-family home sales essentially at the same pace as last year. Eleven of the 12 months of the year saw an increase in home sales over 2015. Median prices were also up for 10 straight months as home values reached new highs. Condominium sales were down in December, after a year of mostly increases. Overall, 2016 was a positive year for home sales in Massachusetts as both year-end single-family and condominium sales and median prices were up over 2015.
Governor Wolf Discusses Efforts to Reduce Veterans’ Homelessness, Expand Resources Available to Veterans at...
Governor Wolf attended the VFW’s 53rd Annual Mid-Winter Conference in Pittsburgh. The governor discussed issues faced by veterans in our communities, progress in veterans’ services, and thanked the VFW for working to ensure that veterans across the Commonwealth are getting the support they deserve.
Under New Leadership, MassHousing Has Breakout Year in 2016 with Record Lending, Three Bond...
Under new leadership, 2016 was a year of multiple successes for MassHousing. The state’s affordable housing bank had its best lending total in its history; received three bond rating upgrades from Standard & Poor’s and Moody’s; and created the first-in-the-nation statewide loan program to spur the new production of housing that is more affordable to middleincome renters.
Homelessness prevention organization welcomes new Board members
Metropolitan Boston Housing Partnership (MBHP) is pleased to announce the addition of six new members to its Board of Directors
Senators Host Forum with Mnuchin Bank OneWest Foreclosure Victims
United States Senator Elizabeth Warren (D-Mass.) and her colleagues, including Debbie Stabenow (D-Mich.), Patty Murray (D-Wash.), Dick Durbin (D-Ill.), Bob Menendez (D-N.J.), Jeff Merkley (D-Ore.), Richard Blumenthal (D-Conn.), Mazie Hirono (D-Hawaii), Chris Van Hollen (D-Md.), and Catherine Cortez Masto (D-Nev.), hosted a forum with Americans from across the country who were victimized by Department of Treasury nominee Steven Mnuchin.
Real Estate and Personal Property Tax Payments are Due Wednesday, February 1st.
FY 2017 third quarter Real Estate and Personal property tax bills are due on Wednesday, February 1st. Bills were mailed to all property owners on December 31st, and include both the February payment stub and the May stub which will be due on May 1, 2017.
Sen. Warren Questions HUD Secretary-Designate’s Priorities for the Agency
U.S. Senator Elizabeth Warren (D-Mass.) today sent a letter to the U.S. Department of Housing and Urban Development (HUD) Secretary-Designate, Dr. Ben Carson, raising questions about Carson's experience and priorities for the agency. This letter comes in advance of Dr. Carson's appearance before the Senate Committee on Banking, Housing, and Urban Affairs on Thursday
Pending Home Sales and Market Confidence in Massachusetts Housing Market both up in December...
The Massachusetts Association of Realtors® (MAR) reported today that holiday cheer wasn’t the only thing in abundance in December as both the number of homes put under agreement and prices were up in the final month of the year. This was also true for condominiums put under agreement. This trend was mirrored in the year-end totals for 2016 compared to 2015. Realtors’® confidence in the market was positive again in December as their confidence in prices was down slightly.
Baker-Polito Administration Awards $17.8 Million for Elderly Public Housing Rehabilitation
The Baker-Polito Administration announced $17.8 million in grant funding to four local housing authorities, to preserve and modernize affordable public housing units for elderly and disabled residents. The funding is being awarded from the Department of Housing and Community Development’s Modernizing Public Housing and Supporting Elders (ModPHASE) Program, in collaboration with the Executive Office of Elder Affairs
Run-up to Election Didn’t Keep Home Buyers on Sidelines as November Sales and Prices...
The Massachusetts Association of Realtors® (MAR) reported today that buyers didn’t let the presidential election season keep them from buying homes this past fall as closed home sales were up nearly 20 percent in November compared to the same time in 2015. Both sales and median prices for single-family homes reached their highest levels for November since 2004. Inventory continued its downward trend dropping to its lowest level since January 2004. Median prices and sales both rose for condominiums this month.
Residents at the Berkshire Peak Apartments in Pittsfield Will See Extension of Affordability and...
Residents living at the 120-unit Berkshire Peak Apartments in Pittsfield will see the extension of affordability in perpetuity and moderate property improvements as a result of $10 million in MassHousing financing.
Town of Scituate Library Building Project
The Public Building Commission of the Town of Scituate, Massachusetts will issue periodic public updates about the construction progress for the Town Library project. Groundbreaking occurred on September 1, 2015. The project remains on budget.Completion is anticipated for Spring 2017
Led by Merkley, Warren and Sanders, Senate Democrats Roll Out New Website Inviting Personal...
U.S. Senators Jeff Merkley (D-OR), Elizabeth Warren (D-MASS) and Bernie Sanders (I-VT) announced that Senate Democrats have launched a new website inviting Americans to share their personal stories of being impacted by the foreclosure practices of Donald Trump's Treasury Secretary nominee, foreclosure king Steve Mnuchin.
Homebuyers Stayed Focused in November and Pushed Pending Home Sales Up
Realtor® clients showing some concern with interest rates increasing
WALTHAM, Mass. – December, 14, 2016 – The Massachusetts Association of Realtors® (MAR) reported today that...
Former Framingham Housing Authority Employee Pleads Guilty to Embezzling Rent Payments
A Milford woman pleaded guilty today in U.S. District Court in Boston in connection with embezzling over $70,000 in rent payments owed to the Framingham Housing Authority (FHA). Rosa A. Famania, 33, pleaded guilty to one count of embezzling money from an agency receiving federal funds. U.S. District Court Chief Judge Patti B. Saris scheduled sentencing for March 14, 2017