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| Cape Cod brokers are anticipating another busy summer for the local rental market. This custom home with a sunroom, deck and outdoor shower in Mashpee’s Popponesset area rents for $3,000 per week. |
Cape Agents Have High Hopes for Another Red-Hot Summer
By Aglaia Pikounis
Cape Cod real estate broker Lynette Helms noticed that her firm’s vacation rental home bookings were down last year. But the news wasn’t too discouraging; her firm’s revenue from vacation rentals actually shot up about 11 percent for the year.
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Court’s Ruling Faces Challenge by Patrick
By Thomas Grillo
Less than two months after a court decision put a $2 billion East Cambridge development on hold, Gov. Deval Patrick has filed legislation that would reverse the judge’s ruling.
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Bills Taking Aim at Foreclosure Crisis
By Amy Wyeth
Urgency. Tears. And attempts to put things in perspective. Massachusetts’ foreclosure crisis has inspired these and other reactions in recent months as it has hit homeowners across the state. And in two bills filed at the State House this year, it’s also inspired plenty of suggestions for fixing the problem.
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Roxbury-Based CDC Leading Foreclosure Prevention Effort
By Amy Wyeth
“If I told you that there was a loan product that would get 5 million people into a new home, but one-fifth would not succeed, what would you say about the 4 million who do?” Massachusetts Mortgage Bankers Association immediate past Chairman John Battaglia asked legislators at a Beacon Hill hearing on the subprime lending crisis last week.
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Patrick, NAIOP Members Enjoy ‘Friendly’ Exchange at Forum
By Thomas Grillo
After a trade group blasted Gov. Deval Patrick’s recent proposal calling for tax increases on businesses, some expected the meeting between the two sides to be a raucous event. But the fireworks failed to materialize.
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Builders Aren’t Too Frightened By New-Home Sales Statistics
By Aglaia Pikounis
Reports that new-home sales plummeted in the Northeast in February may have disappointed some industry watchers hoping for a housing market recovery. But some local builders say they aren’t too alarmed by recently released figures.
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