Successful By Design
Born in Mexico City, Anthony Goodh grew up in Europe, where his mother worked as a designer for Armani and where he says his design sensibility was formed.
Homebuyers Waive Contingencies To Win Bids
Right now in Massachusetts there are more homebuyers than there are homes for sale. In their efforts to make a successful bid, buyers are giving sellers more than just over-asking bids – they’re giving up their rights.
Mortgage Applications Increased Last Week As Rates Dipped
Mortgage applications increased 3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Aug. 4, 2017.
PHH Settles With DOJ For Over $74 Million
PHH Corp., PHH Mortgage Corp. and PHH Home Loans have agreed to pay the United States $74,453,802 to resolve allegations that they violated the False Claims Act.
NAMB July 2017 Survey Shows Gen X Dominates The Mortgage Market
The National Association of Mortgage Professionals today announced the results of its most recent monthly member survey. The primary findings include the following:
MBREA Announces Death Of Past President
The Massachusetts Board of Real Estate Appraisers today announced the death of Richard D. Simmons Sr. on Aug. 2. Simmons, 95, was a MBREA past-president and a member of the Appraisal Hall of Fame.
Decriminalizing Marijuana Could Complicate Condo Living
When Gov. Charlie Baker signed the law decriminalizing marijuana on July 28, most voters were pleased since they’d already approved it at the ballot box. But for condo-dwellers who disapprove of marijuana, this law could be a buzzkill.
CFPB Seeks To Improve Overdraft Disclosure
The Consumer Financial Protection Bureau today unveiled new Know Before You Owe overdraft disclosure prototypes designed to improve the model form that banks and credit unions already provide to consumers weighing overdraft coverage.
Robots Want Your Job
There are legions of brilliant and well-funded engineers working hard at this very moment to invent robots that will take over your job. Mine too.
Bruins Head Coach Scores Big In Winchester
The Bruins’ new head coach, Bruce Cassidy, and his wife, Julie Cassidy, bought a home at 53 Hutchinson Road in Winchester on July 21 for $2 million.
Freddie Mac Reports Strong Second Quarter
Freddie Mac today reported its second quarter results and filed its Form 10-Q with the U.S. Securities and Exchange Commission (SEC), available now on the company’s website, along with the second quarter 2017 financial results supplement.
Credit Score Reporting Changes Impact Borrowers’ Creditworthiness
Tax liens, civil judgements and unpaid medical bills will no longer be counted against consumer credit scores, as of July 1. Lenders and originators have long used credit scores as part of the mortgage application process and will continue to do so, they say, despite the change
The Realtor Life
Deborah M. Gordon is a lifelong Newton resident who works almost exclusively in that city and in Brookline, representing sellers in the luxury end of the market.
MassHousing’s Keene Elected President Of NLHA Board Of Directors
MassHousing’s David Keene has been elected to serve a one-year term as President on the National Leased Housing Association board of directors.
Schillings Sell Medfield Mansion
Former Red Sox pitcher Curt Schilling and his wife Shonda Schilling sold the Medfield home they bought from former Patriots quarterback Drew Bledsoe for less than half of the $4.5 million they paid for it.
A Tale Of Two Markets
The weeks after the Fourth of July are typically slow for the residential real estate market; it’s a good time to reflect on the market overall. Statewide, things are booming. The median sale price of a single-family home shot up to $395,000 in June, according to The Warren Group, publisher of Banker & Tradesman. This marks 15 straight months of year-over-year price increases going back to April of 2016. And early reports are that June sales were robust.
Mortgage Applications Increase As Rates Dip Slightly
Mortgage applications increased 6.3 percent from one week earlier, according to data released this week from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 14. The results included an adjustment for the Fourth of July holiday.
Increasing Spending On Remodeling Expected To Continue In 2018
Healthy and stable growth in home improvement and repair spending is anticipated for the remainder of the year and into the first half of 2018, according to the Leading Indicator of Remodeling Activity released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Presti Named GBAR Realtor Of The Year
The Greater Boston Association of Realtors has named Marie Presti, broker/owner of the Presti Group in Newton, as the 2017 Greater Boston Realtor of the Year. Presti received the award during the association’s annual awards breakfast at the Granite Links Golf Club in Quincy in June.
Economic Expansion Expected To Slow, But Continue In 2018
Expectations for 2017 economic growth remain at 2.0 percent in light of a projected second half slowdown, according to the Fannie Mae Economic & Strategic Research (ESR) Group’s July 2017 Economic and Housing Outlook.
