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 Issue of July 3, 2006 
   
High-end single-family home sales have dropped 10 percent from January through May. This Colonial-style dwelling featuring a gourmet kitchen in Hingham’s Kress Farm is currently available for $1.95 million.


Market Offering Abundance Of Ultra-Luxury Properties
By Aglaia Pikounis
Buyers of ultra-luxury homes in Massachusetts are finding the keys to some good deals. Real estate brokers say the number of high-end homes available for sale has ballooned over the last year, putting buyers in a better bargaining position.



North Andover Sites Being Put on Block
By Joe Clements
As with many real estate investors involved in Greater Boston, Everest Partners cannot seem to sit still these days. Fresh off its acquisition of four more properties, including 225 Friend St. in Boston’s North Station district, the New York-based company is putting a pair of office buildings in North Andover up for sale, confirmed Scott J. Jamieson of Spaulding & Slye, whose investment sales team has been retained to peddle the Jefferson Office Park on Route 114.



Lenders Prepare for Mortgage Discharge Law
By Andrea Gregory
A new Massachusetts law that went into effect on July 1 is expected to streamline mortgage originations, eliminating numerous disclosures that previously had been required of banks during the loan process.



Banks Believe Name Changes Are Chance for a New Identity
By Andrea Gregory
An inside joke among RiverBank staffers is that maybe it would have been appropriate to refer to the institution as the “River Runs Through It Bank,” considering the recent storms and flooding that have affected the Merrimack Valley.



Griffith Returns to Wilmington To Purchase Pair of Buildings
By Joe Clements
Its first conquest there still does not have a tenant after nearly two years, but that has not stopped Griffith Properties from making further inroads into the Wilmington commercial real estate market.



Homeowners Get Assistance From New William Raveis Card
By Katie Curnutte
Points for travel, gas and cash rewards have long been gimmicks to lure people to credit cards. But until now, most real estate companies have not gotten into the credit card game.




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