Assessing the value of a condominium or single-family home is generally straightforward, but determining the true value of affordable housing involves a lot of variables and requires training and experience.
Jonathan Radford is the top Coldwell Banker sale associate in New England. By focusing on the very high end of the market, he closed more than $107 million in sales last year without a team, a partner or even an assistant. Originally from England, Radford began selling real estate in France and joined Coldwell Banker when he came to Boston in 1998. Radford received the Society of Excellence Award last year, which only 40 Coldwell Banker agents out of more than 88,000 have received.
A cursory glance at the sales data for Massachusetts’ top selling residential property during the last week of May is impressive. Michael Carucci listed and sold 150 Heath St. in Brookline for $7.5 million in a single day. Fast, easy money, right?
Legendary Sox catcher and former team captain Jason Varitek and his wife, Catherine Varitek, closed on an $1.8 million home in Hingham’s Residences at Black Rock earlier this month.
The Massachusetts Divisions of Banks issued a letter last week clarifying whether or not an employee of a nonprofit entity who originates a mortgage needs to be licensed by the commonwealth.
In the wake of the Consumer Finance Protection Bureau’s (CFPB) recent $1.75 million civil penalty against Nationstar Mortgage for Home Mortgage Disclosure Act (HMDA) violations, mortgage lenders are well-advised to prepare for the changes in HMDA reporting requirements that take effect in less than six months.
U.S. residents with mortgages (roughly 63 percent of all homeowners) have seen their equity increase by a total of $766.4 billion in the year since the first quarter of 2016, an increase of 11.2 percent, according to a recent report from CoreLogic, a global property analytics firm.
The share of Americans who think now is a good time to buy fell 8 percent to a record low 27 percent last month, according to the Fannie Mae Home Purchase Sentiment Index for May. The percentage of those who say now is a good time to sell increased 6 percent to 32 percent, a record high.
The Massachusetts Association of Realtors is heading to the Statehouse this week to promote its agenda aimed at increasing real estate sales across the state. There are seven items on the agenda ranging from statewide zoning reform to opposing real estate transfer taxes, but not everyone is on board with the association’s proposals.
David Mahlowitz’s career taken him all over the real estate map – and the world. After growing up in Newton, where he has volunteered as an auxiliary police officer for the last 11 years, he worked as a loan originator and a real estate agent, and now practices real estate law in his own firm. He is a licensed airplane pilot who flew solo for the first time on his 16th birthday. He even competed in white-collar boxing exhibitions for charity while living and practicing law in China.
Mortgage rates dropped into the low 4 percent/high 3 percent range last week and applications ticked up as a result, according to the Mortgage Bankers Association’s latest report.
Former Wintrust regional vice president and mortgage industry veteran Amy Tierce has left that firm after three years to become the vice president of sales at Mortgage Equity Partners, headquartered in Lynnfield.
Proposed changes to the Massachusetts lead paint laws are aimed at lowering lead levels in children, reducing the cost of abatement and bringing them more in line with federal statutes. The proposals have received widespread report, but not everybody is happy with them.
Boston Mayor Marty Walsh’s ambitious Boston 2030 plan to manage the city’s expected population growth earns praise for meeting many of its lofty goals, but with more cuts in federal funding anticipated, making progress in creating affordable housing for Boston’s oldest and poorest residents is getting harder than ever.
Former Boston real estate agent Dale Murawski’s criminal trial is scheduled to begin February 20, 2018.
Federal Housing Finance Administration (FHFA) Director Melvin L. Watts told the U.S. Senate Committee on Banking, Housing and Urban Affairs that “Congress urgently needs to act on housing finance reform” and bring Fannie Mae and Freddie Mac out of receivership after almost nine years.
Ryan Glass sold real estate part time for more than six years before jumping in full-time, but since then, his career has taken off.
Tony Liberopoulos embodies United’s key employee cultural attributes: “he’s friendly, caring and respectful to co-workers and in our communities.” And that’s not effusive nomination praise; it’s how Liberopoulos lives his life.
Brian W. Thompson joined Commerce Bank in 2004 as president and CEO after serving as president of various banking institutions in New England. Under Thompson’s leadership, Commerce Bank has been recognized as one of the top performing banks in New England.
MassHousing has provided $21 million in financing to an affiliate of First Resource Cos. for the preservation of affordability and extensive renovations at the 173-unit Maple Commons Apartments in downtown Springfield.