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 Issue of March 19, 2007 
   

State’s Residential Sales, Prices Drop in February
By Aglaia Pikounis
Sales of single-family homes and condominiums in Massachusetts fell in February, following a slight pickup in activity in January. Prices continued to dip.



Report: Minorities Still Pay More for Ownership
By Amy Wyeth
In the throes of the subprime crisis, mortgage lenders aren’t eager to hear more bad news. But that’s what has been announced by six heavy-hitting nonprofit groups that advocate for low-income communities.



Town Officials, Realtors on Neighborhood Watch
By Aglaia Pikounis
Tired of seeing older homes torn down and replaced with enormous mansions that dwarf nearby properties, local preservationists are pushing a measure that would enable Wellesley neighborhoods to set guidelines for new construction and renovation projects.



Hub Hoping Hard to Fix Bartlett Yard
By Thomas Grillo
A former MBTA bus maintenance facility that spewed fumes into Boston’s Roxbury neighborhood could make way for an urban village with housing, boutique retail and green space.



Councilor Wants ‘Unbanked’ Brought Into the Mainstream
By Amy Wyeth
A Boston city councilor wants to convince thousands of city residents without a bank or credit union account to open one, in the hope it will put them on the path of improved credit and economic opportunities.



Suffolk Eyes Downtown Building for Additional Dormitory Space
By Thomas Grillo
Two months after the city withdrew its support for a Suffolk University dormitory on Boston’s Beacon Hill, the school intends to purchase a building downtown.



MassHousing Director Lobbies for Amendments in Bond Bill
By Aglaia Pikounis
The head of MassHousing, a quasi-public agency that has provided billions of dollars in financing for developers and homebuyers, is urging lawmakers to strike two sections of a $1.25 billion bond bill that would hurt the agency’s bond rating and could force it to shut down.



East Longmeadow in Focus
With the amount of land available for development running out, East Longmeadow is experiencing smaller developments and larger homes but is maintaining a strong housing market, with the number of houses sold only off by 45 since the same period last year.




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