Fitchburg Real Estate News
Real Estate news for Fitchburg, MA continually updated from thousands of sources.
Sunday Apr 2 | via Sentinel & Enterprise
You don't have to be an expert to see: Bay State homes are hot property. Thanks to a dwindling supply of homes on the market, the law of supply and demand doesn't bode well for prospective homebuyers. Comment?
Mar 7, 2017 | via Worcester Telegram & Gazette
WORCESTER - Lenders started and completed more foreclosures in Worcester County during January than they did at the same time last year, new data show. Lenders launched 162 new foreclosures during the month, up about 5 percent over the same month a year ago, according to The Warren Group of Boston, publisher of the trade journal Banker & Tradesman. Comment?
Feb 16, 2017 | via Sentinel & Enterprise
Fitchburg Ward 5 City Councilor Angelo Bisol describes his woodworking process while standing next to an unfinished lighthouse and windmill birdhouse. Bisol, who will leave the council at the end of the year, has a new job at Century 21 in Leominster as a real estate agent. Comment?
Feb 1, 2017 | via National Mortgage News
New foreclosure filings fell nearly 28% in Worcester County, Mass., during December compared to the same month a year earlier, new data show. The number of completed foreclosures in Worcester County also fell about 10% over the same period, according to The Warren Group, a Boston publisher that tracks real estate transactions in Massachusetts. Comment?
Sep 13, 2016 | via Worcester Telegram & Gazette
The new owner of the Albion rooming house at 765 Main St. said he is cleaning house at the building that has been a symbol of blight in the city's Main South neighborhood. Landlord Michael F. O'Rourke said his crews have been at work in the building, cleaning stairwells, scrubbing walls, painting formerly dark brown rooms blue with white trim, even screwing mouse traps to the floors so residents can't throw them away. Comment?
Yesterday | via Worcester Telegram & Gazette
There is business and then there is the business of dealing with black people. There is hardly any aspect of American life in which the latter transaction doesn't leave blacks on the short end of the stick. Comment?
Friday Apr 14 | via Charlestown Patriot-Bridge
Senate President Stan Rosenberg, Senator Sal DiDomenico and Senator Will Brownsberger have sent a letter to the Massachusetts Congressional delegation urging them to fight against the Trump Administration's proposed elimination of funding for Legal Services. Last year, 23,000 low-income and elderly people in Massachusetts got help at Legal Services with foreclosures and evictions, domestic violence, illegal debt collection, veterans' benefits, homelessness, immigration, and more. Comment?
Thursday Mar 30 | via Lowell Sun
Santander has agreed to a $26 million settlement with officials in two states over the bank's role in issuing subprime auto loans to thousands of consumers who could not afford to repay them, officials said Wednesday. The settlement, announced by Massachusetts Attorney General Maura Healey and Delaware Attorney General Matt Denn, calls for Boston-headquartered Santander Consumer USA to make payments to borrowers and to the states. Comment?
Wednesday Mar 29 | via SouthCoastToday.com
Santander, which Healey called the largest packager of subprime auto loans in the nation, funded "unfair and unaffordable" loans to more than 2,000 consumers in Massachusetts, knowing that many of the borrowers could not meet the terms and would default, Healey said. Buyers often agree to financing terms through contracts signed at car dealerships, but the loans are backed by financial institutions such as Santander, who often resell the loans to third parties or place them into asset pools. The bank also was accused by the states of knowingly taking on loans from car dealers that submitted loan applications that inflated the reported incomes of customers, and continued to fund loans from dealers it knew had high rates of delinquency and default among customers. "We will continue to pursue investigations in this area to ensure that Delaware consumers receive a fair deal ... (more) Comment?
Tuesday Mar 28 | via jdsupra.com
Litigation involving claims of unfair or deceptive business practices under Chapter 93A of the Massachusetts General Laws remain a favorite for the plaintiffs' bar, particularly given the potential recovery under the statute for multiple damages and attorneys' fees. Companies doing business in Massachusetts should be cognizant of how Chapter 93A claims are being used in their industry, as well as the various efforts to expand liability and damages for violations of the statute. Comment?
6 min ago | via SBWire
Frances Donald, Senior Economist at Manulife Asset Management and Chief Economist at John Hancock Financial Services, joined Jason Hartman on the Creating Wealth podcast to talk about the US economy. John Hancock runs an investment sentiment survey, a poll of affluent investors, and Donald said what they found is that investors are more optimistic this year relative to a year ago, resulting in a ten-point rise over last year. Comment?
7 min ago | via The Wave
The median price of an Orange County home hit $665,000 in March, tied for the highest median ever, CoreLogic reported Tuesday. Sales hit the highest level for a March in 11 years. Comment?
19 min ago | via Live Charts
US home sales increased last month at their fastest clip since 2007. New home sales in the US jumped by 5.8% month-on-month in March to reach an annualised rate of 621,000, according to the Department of Commerce. Comment?
21 min ago | via Daily Mail
Virgin Money saw an 8 per cent leap in lending by its credit card business but said arrears levels remained 'stable' despite concerns that rising consumer debt could pose a risk to the UK economy. The Richard Branson-backed firm said credit card debt rose to A 2.65billion in the first three months of the year from A 2.4billion at the end of 2016. Comment?
23 min ago | via National Mortgage News
The struggling Pittsburgh Athletic Association in Oakland has paid $55,000 towards taxes it owes the county for the 7% drink tax, preventing a scheduled sheriff's sale Tuesday morning at the iconic Fifth Avenue social club. The Allegheny County sheriff's office was set to auction off furniture, paintings, kitchen equipment and a liquor license to satisfy a judgment for not paying the drink tax from October 2015 through August 2016. Comment?
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