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The Massachusetts Association of Realtors® (MAR) reported today that single-family pending home sales fell almost six percent in July from last year. Pending condominium sales were also down more than 10 percent. The median price for both single-family homes and condos saw a hike over last year, with the single-family median price rising over the $400,000 mark for the second month in the row. Realtors® confidence in the market and in home prices were both up in July after a dip in June.

The Baker-Polito Administration announced awards to preserve three affordable housing developments in Worcester and Franklin. The $42 million in tax credit equity and subsidy from the Department of Housing and Community Development (DHCD) will fund the purchase and rehabilitation of the three developments and will maintain affordability of nearly all 559 housing units. These awards are part of the administration’s strategy to ensure the continuation of existing affordable housing across the Commonwealth

Attorney General Maura Healey today joined a coalition of 11 state attorneys general and the City of New York in filing a lawsuit against the Trump Administration for violating federal law by failing to implement critical energy efficiency standards that would save consumers and businesses an estimated $11.6 billion over a 30-year period.

Today Secretary Jay Ash joined Senator Julian Cyr, Representative Sarah Peake and Town Manager David Panagore to celebrate the ribbon cutting at Commercial Street in in Provincetown. In 2015, Provincetown received a $1.96 million award from the MassWorks program to complete a three-phase street reconstruction and storm-water mitigation plan.

Paul Yorkis, President of Patriot Real Estate, Inc., in Medway, was installed on December 7, 2015, as president-elect of the 21,000-member Massachusetts Association of REALTORS® (MAR) for 2016. The event took place at Ocean Edge Resort and Golf Club in Brewster, Mass. and included the installation of the MAR Board of Directors and Executive Committee. Yorkis’s term officially begins on January 1, 2016

The popularity of prefab housing is gaining fast traction among today’s savvy and environmentally aware consumers. Referred to as “modular construction” by the industry, modular house construction is an inherently “green” process. It uses fewer materials and produces less waste because the process relies on computer aided design and precise equipment.

American Realty Advisors announced the sale of an office complex comprising 294,663 square feet located in Waltham, Massachusetts. The property, which was sold to a strategic buyer for an undisclosed amount, consists of three buildings that are situated in one of the Boston metro’s premier suburban markets, according to Scott Darling, President of American Realty Advisors

TIAA-CREF, a leading U.S. financial services organization and the nation’s largest manager of U.S. institutional tax-exempt real estate assets*, today announced it has agreed to acquire a 70% stake in 225 Binney Street in Cambridge, MA from Alexandria Real Estate Equities, Inc

SunLight General Capital, a New York City based solar finance and development company, recently broke ground on a new 568 kW solar project in Westminster, Massachusetts. The project is being financed and built by SunLight’s investors, at no cost to the town itself.

Hammond agent Matt Montgomery of The Matt Montgomery Group recently represented the seller client in connection with the $2,500,000 sale of 32 Lakewood Road in Newton, Massachusetts, one of Boston’s premier suburbs

Saul Cohen, Founder and President of Hammond Residential Real Estate in Chestnut Hill, recently announced the significant $2,768,000 sale of 90 Holland Road in Brookline, a premier suburb located just four miles from the heart of Boston’s Back Bay neighborhood. Holly Wyner of Hammond’s Brookline/Newton office represented the seller in the transaction, and Faye Fu of Hammond’s South End office represented the buyer.

Hammond agent Noel Atamian recently represented the buyer client in connection with the $3,475,000 sale of 14 Lathrop Road in Wellesley, a stunning new construction home located in one of Boston’s premier suburbs

Denise Mosher of Hammond Residential Real Estate in Weston recently represented the seller client in connection with the $3,070,920 sale of 85 Robin Road in Weston, an elegant colonial-style house built by renowned craftsman David Kane in one of Boston’s premier suburbs

Dean Poritzky of Hammond Residential Real Estate in Wellesley recently represented the seller client in the $2,600,000 sale of 35 Winsor Way in Weston, a magnificent Palladian-style residence located in one of Boston’s most desirable suburbs

Hammond agents Holly Wyner and Faye Fu represented the seller client in connection with the $3,050,000 sale of 41 Old Farm Road in Newton, a Contemporary-style residence located in one of Boston’s premier suburbs