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 Issue of June 23, 2008 
   
Mass. Home Sales, Prices Continue Steady Drop in May
Single-family home sales in Massachusetts continued their steady decline in May, falling nearly 13 percent compared to May 2007, according to a report released today by The Warren Group, Banker & Tradesman’s parent company.
Source: Wegmans Supermarket Chain Close To Northborough Deal
By Thomas Grillo
Wegmans, a supermarket chain that operates 71 stores in five states, may come to Northborough, according to a source familiar with the deal.

Commercial Real Estate Outlook Gloomy
By Thomas Grillo
Commercial real estate deals have slowed to a crawl, a sharp contrast to one year ago when the outlook was filled with good news for office, building sales and retail.

Energy Bill Strikes Down Non-Uniform Building Codes
By Aglaia Pikounis
Massachusetts builders and architects scored a win today when lawmakers struck a section of the state energy bill that they feared would have driven up construction costs and hurt economic development.

Coakley Charges 5 In Latest Mortgage Fraud Scheme
By Amy Wyeth
Two bank employees, a mortgage broker, the broker’s assistant and a Worcester man have been indicted for allegedly creating false or misleading bank documents, according to Attorney General Martha Coakley.



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