West-Roxbury Real Estate News
Real Estate news for West-Roxbury, MA continually updated from thousands of sources.
Tuesday Dec 6 | via Boston.com
As 2016 draws to a close, condo prices are rising at more than twice the pace of those of single-family homes, new stats show. Massachusetts condo prices rose 4.7 percent between the beginning of January and the end of October, according to real estate market tracker and data firm The Warren Group. Comment?
Wednesday Nov 23 | via Bloomberg
Fannie Mae and Freddie Mac in 2017 will back mortgages of up to $424,100 in most of the U.S., an increase from $417,000, the Federal Housing Finance Agency said Wednesday. The change, which will increase the limit for areas with the most expensive homes to $636,150 from $625,500, comes after home prices in the third quarter pushed past their level of a decade ago. Comment?
Friday Nov 11 | via Lowell Sun
On Oct. 25, Meehan closed on a $975,000 Boston Harbor waterfront condominium at 65 East India Row. The address might not ring a bell, but it's the landmark pair of 31-story towers known as Boston Harbor Towers, next door to the New England Aquarium. Comment?
Nov 6, 2016 | via Boston.com
A Sutton man has been ordered to pay more than $600,000 for stealing money he took from homeowners who thought he could help them through what turned out to be a phoney forclosure relief organization, according to Attorney General Maura Healey's office. Gailon Arthur Joy was found liable for 68 violations of the Massachusetts Consumer Protection Act in Suffolk County Superior Court. Comment?
Sep 13, 2016 | via Boston.com
North End residents on Tuesday criticized a proposal from Spaulding Rehabilitation Network to relocate a neighborhood nursing home to Brighton and sell the building, insisting the plan will harm seniors who have lived in the close-knit community their entire lives. The residents, many of whom held signs that said "Save Our North End Nursing Home," spoke during a City Council hearing against the proposed sale of the Fulton Street property that currently houses the 140-bed Spaulding Nursing and Therapy Center. Comment?
Thursday Dec 1 | via Home
Inordinately tight inventories finally caught up with the Massachusetts housing market in October, as sales of single-family homes and condominiums were each down more than 5 percent from the same month a year earlier. The Massachusetts Association of Realtors reported this week that 4,596 single-family homes were sold in the Bay State during October, down 5.6 percent from the 4,870 sold in the same month in 2015. Comment?
Tuesday Nov 29 | via Boston.com
For the second time this year monthly home sales in Massachusetts dipped, while prices continued to climb in a market still dominated by more demand than there are homes for sale. Sales of single-family homes in October fell by 4.4 percent compared to the same month last year, while the median sale price increased by 3.7 percent to $340,000, according to new figures released Tuesday by The Warren Group. Comment?
Nov 7, 2016 | via Boston.com
If Greater Boston's high home prices have you down, you don't have to move all the way to Missouri to find something affordable. The Granite State gained 70,000 new residents from neighboring Massachusetts from 2000 to 2013, according to the New Hampshire Center for Public Policy Studies. Comment?
Nov 4, 2016 | via Sentinel & Enterprise
Petitions to foreclose Massachusetts homes declined on a year-over-year basis in September, a possible sign that a huge backlog of delinquent mortgages is beginning to finally ease. The Warren Group reported this week that lenders in Massachusetts filed 958 petitions to foreclose during September, down 18.7 percent from the 1,179 filed in September 2015. Comment?
Oct 30, 2016 | via Lowell Sun
Home sales were flat in the state last month, a possible early sign that the most recent residential real-estate boom has leveled off. The Massachusetts Association of Realtors reported last week that 5,203 single-family homes were sold in Massachusetts last month, down 14 from the comparable year-ago total of 5,217. Comment?
2 min ago | via Seeking Alpha
Expedia has transitioned HomeAways model from a listing model to a fee model allowing travelers to book rentals directly through HomeAway . HomeAways margins on their Traveler Fee are enormous and the business will be a cash cow for years to come. Comment?
3 min ago | via The Daily News-Record
A federal judge has approved a settlement between "Real Housewives of New Jersey" cast member Teresa Giudice and her creditors. NJ.com reports Giudice will keep 55 percent of any potential winnings from the legal malpractice suit, with the remaining 45 percent going to any remaining creditors. Comment?
4 min ago | via Silicon Alley Insider
One thing is working in this economy that has been stuck for years in a slow-growth mire: the inflation of asset prices. And the Federal Reserve, which has been engineering this miracle so adroitly, just released its latest progress report. Comment?
8 min ago | via Lake Cowichan Gazette
Home buyers moving from Vancouver's overheated housing market have upped the number of million dollar home sales in Victoria. Re/Max Realty's 2016 Spotlight on Luxury report, which reports on trends in the luxury market, reported an unprecedented increase in the sale of homes priced at over $1 million, and the trend appears to be continuing. Comment?
27 min ago | via Athens Banner-Herald
A development proposal that would return part of an intown residential neighborhood to what it was a century ago has captured the imagination of Athens-Clarke County planning commissioners, but neighborhood residents are worried it could bring additional traffic and might force their property taxes upward. Laurie deVegter, an Atlanta-based real estate agent and developer who specializes in smaller houses, is under contract to purchase a lot of less than a half-acre at 1252 West Hancock Avenue near North Billups Street. Comment?
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