Monthly Number Of Sales Single-Family Homes
Monthly single-family home sales in Massachusetts rose modestly in January from January 2013.
Black Knight: U.S. Foreclosure Inventory Down By More Than Half A Million Loans Since Last February
The number of U.S. homes in some stage of foreclosure has declined by nearly 1 million since this time last year, according to a new report from Black Knight Financial Services (formerly known as LPS).
SJC Decision On Foreclosure Proceedings Brings Some Relief
In the years since the housing crash and the subsequent wave of foreclosures that rocked the Bay State’s housing market, both legislators and judges have treated the state’s foreclosure laws as if they were written on an Etch A Sketch. This week, the state’s Supreme Judicial Court has laid down another decision which may finally bring some clarity both to homeowners fighting keep their homes, and to banks and lenders afraid of putting a foot wrong when it comes to completing a foreclosure.
Reprieve On Debt Forgiveness?
Here’s some good news for homeowners worried that Congress will fail again to renew popular tax benefits for use in 2014 – especially those allowing for mortgage debt forgiveness, write-offs for energy-saving improvements and mortgage insurance premiums.
MAR: Realtors Certain Of Price Gains, Worried About Sales
Local Realtors’ confidence in the strength of the market dipped down for the fourth straight month in February according to the Massachusetts Association of Realtor (MAR) Realtor Market Confidence Index (RMCI).
NAR: February Existing-Home Sales Decline, Prices Up
Rising prices and severe winter weather caused existing-home sales to slip in February, according to the National Association of Realtors.
U.S. Housing Starts Fall, But Permits Rebound
U.S. housing starts fell for a third straight month in February, but a rebound in building permits offered some hope for the housing market as it struggles to emerge from a soft patch.
Community Groups To Submit Petition To Expand Boston’s Inclusionary Development Program
Community groups today will urge Boston Mayor Martin Walsh to expand the Inclusionary Development Program (IDP).
Big Rebound In Home Equity Best Evidence Yet That Market Will Recover
The economy may be growing at a frustratingly slow pace, but one piece of it is booming: American homeowners’ equity holdings – the market value of their houses minus their mortgage debts – soared by nearly $2.1 trillion last year to $10 trillion.
Wave Of Cash Buyers Ebbs
The wave of cash buyers buoying the market has begun to ebb, a fresh look at data from The Warren Group, publisher of Banker & Tradesman, reveals.
Zillow: Greater Boston Residents Slightly More Nervous About Housing Than Average
A new measure of resident’s confidence in the housing market launched by real estate portal Zillow shows the inhabitants of Greater Boston are slightly less confident about the market and slightly less likely to want to purchase in the next year than the U.S. average.
NeighborWorks Southern Mass. Receives $80K In State Tax Credits From State Grant Program
The state Community Investment Grant Program has awarded NeighborWorks Southern Mass. $80,000 in state tax credits to support the nonprofit’s efforts to promote homeownership in the region.
MBA: U.S. Mortgage Applications Slip In Latest Week
Applications for U.S. home mortgages fell in the latest week as interest rates edged higher, an industry group said on Wednesday.
MAR: Pending Sales Rise In February
Bad weather wasn’t enough to put off buyers, with pending sales for both single-family homes and condos rising in February, according to the Massachusetts Association of Realtors.
Coakley Announces Grant Program For Homeowners Facing Foreclosure, Eviction
Attorney General Martha Coakley on Friday announced the opening of the application period for the HomeCorps Assisting Homeowners at Risk of Foreclosure or Eviction Grant.
Residential Inventory Lowest In A Decade
If you’re looking for a Realtor these days, you may want to head for a post office – they’ll be in there slapping up wanted posters, because it seems like sellers have gone on the lam.
New Normal: Skyrocketing Condo Prices
Don’t look now, but those already crazy downtown Boston condo prices are about go completely bonkers. There are just a handful of unsold condos left in the bevy of new luxury towers built during the bubble years, with the pickings scarce as well at some of Boston’s older and long-established condo addresses, PrimeTime Communities finds in a new report.
On Tax Breaks, Change Is In The Air
You may have seen reports about a major tax reform proposal floated last week by Rep. Dave Camp of Michigan, the chairman of the House Ways and Means Committee.
Betting On Real Estate
Lots of agents come into real estate from other professions, but maybe not so many straight from the casino table. But that’s the case for Alex Santiago, a former professional poker player.
CoreLogic: 13.3 Percent Of U.S. Homes Still Underwater
A new report from real estate data and analytics firm CoreLogic says that the number of U.S. homeowners in negative equity declined by 4 million homes in 2013, with 13.3 percent of homeowners, or 6.5 million homes, still underwater.
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