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Property values down, property taxes up, how can this be?

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?

MassHousing Awards $150,000 for Affordable Sober Housing

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.

MassHousing’s Tom Lyons Appointed to VA Committee on Homeless Veterans

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

April Pending Home Sales in Massachusetts Up From March for Third Straight Month-to-Month Gain

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

THE FEDERATED COMPANIES PURCHASES LAND AND WILL BEGIN CONSTRUCTION ON LEGACY PARK WAKEFIELD

Miami, FL - April 28, 2011 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that it has purchased a 4.17 acre development project, Legacy Park Wakefield in Wakefield, Massachusetts. The project is a MGL 40-B mixed-income market rate/affordable rental community which will consist of two, four-story garden buildings and one, three-story townhome building containing 128 total units. The garden style unit's floor plans are a mix of one, two, and three bedroom layouts, and the units range in size from 842 to 1,230 square feet. Additionally, the project will include fourteen townhouse residences located in an adjacent three-story structure. The townhouses are three bedrooms, 1.5 baths, and 2,250 square feet. Construction is slated to begin in the next few weeks with completion scheduled for the first quarter of 2012 and pre-leasing at the end of 2011.

Massachusetts real estate search now available on dynamic IDX enabled website of Estele Borges

EUGENE, OR - April 27, 2011 - (RealEstateRama) -- Today, Estele Borges has become the latest announced real estate agent to adopt the IDX, Inc. premier IDX Broker software for her real estate website. She can now display thousands of Massachusetts MLS Property Information Network (MLSPIN) listings directly on her professional website. With the IDX solution she employs, Borges can present her clients with an innovative and comprehensive online real estate search. Home seekers will be able to experience the most thorough and dynamic online property search, conveniently on the website Borges hosts.

MassHousing Announces $7.3 Million Loan Closing to Acquire and Renovate Cheriton Grove Apartments in...

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.

Mayor Menino’s Leading the Way Initiative Creates Record Levels of Housing in Boston

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 broker enables IDX solution and iPhone, iPad search capabilities to display thousands of...

EUGENE, OR - April 8, 2011 - (RealEstateRama) -- Massachusetts MLS Property Info Network (MLSPIN) listings are now seamlessly integrated onto the website of agent Mark Holt, thanks to IDX, Inc. and the dynamic IDX Broker software. A customized IDX solution makes it so easy for Boston home seekers to search for properties online. With the website Holt now hosts, potential buyers can instantly search thousands of listings without ever leaving the convenience of the website Holt supports. Finding a Boston area home has never been so easy, thanks to the IDX enabled website of Holt and the detailed listings he presents to home seekers.

MassHousing Announces $14.9 Million in Loan Closings to Preserve Affordable Housing for Senior Citizens...

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

South Shore HOME Consortium joins forces with Neighborhood Housing Services, Norfolk County Registry of...

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.

Mayor Menino Launches “Energy Positive” Program to Promote New Generation of Green Home Building...

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.

Robert Stone, Realtors opens a new office at 21 Elm Street, Braintree, MA

Braintree, MA - March 28, 2011 - (RealEstateRama) -- Robert Stone, Inc., a full-service real estate company in business in MA since 1926, announces the opening of a new office at 21 Elm Street, Braintree. Robert Stone has been serving homebuyers and sellers in Braintree and the South Shore since the 1960’s.

MassHousing Approves $2.2 Million for Affordable Housing in East Boston

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

THE FEDERATED COMPANIES PURCHASES 13.2 ACRE LAND SITE IN THE TOWN OF SALISBURY

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.

Recent

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