Federal Reserve Bank of Boston Report on Home Loan Modifications A couple of months ago the Federal Reserve Bank of Boston issued a report on the status of Boston real estate mortgage loan modifications. The federal government has included some different incentives in an attempt to entice mortgage lenders, including those that hold loans in [...]
Boston Foundation Provides Grant to End Chronic Homelessness in the City Many Boston real estate experts and analysts believe that in order for the entire real estate market, indeed the economy generally, to improve it is important for all sectors of society to have access to appropriate housing. Boston real estate market stability will be [...]
Boston Consumer Confidence and the Economy and the Boston Real Estate Market Confidence. In the final analysis, citizen or consumer confidence in the economy, including in the Boston real estate market, is the most significant element that needs to be in place in order for their to be a true economic rebound and a lasting [...]
Some Boston real estate experts (together with other analysts from across the United States) have found themselves discussing whether or not more completely resolving the foreclosure “crisis” in the country is proving to be an elusive task. It is true that a number of different tactics are now being employed both in the Boston real [...]
An Overview of the Massachusetts Foreclosure Rate – Boston Real Estate Although there have been some positive signs pertaining to improvement in the Massachusetts and Boston real estate markets, the rate of foreclosure filings in the state did increase more than 15 percent between January and June of this year. Foreclosure filings in Massachusetts now [...]
Massachusetts Governor Announces Special Loan Program for First Time Home Buyers Understanding that we are all living in challenging economic times, and further realizing that the real estate market has significantly contributed to these economic problems and issues, a variety of initiatives are underway to work to improve the real estate market, including the Boston [...]
Improvement in Massachusetts 30 Year Mortgage Rates: Boston Real Estate Market Benefits from More Favorable Mortgage Rates Over the course of the past year a good deal of attention has been paid to the 30 year mortgage rate in the Bay State when contrasted with the rate in other states in the country. According to [...]
New Housing Starts Jumps in June Nationwide: Increase in Building Permits Seen in Boston Real Estate Market and Across U.S. Although the economy continues to be something of a mixed bag, the Boston real estate market and others across the United States received some positive news in June. New housing starts and permits for construction [...]
Drop in Mortgage Foreclosure Deeds in Commonwealth and Boston Real Estate Market There has been a significant drop in mortgage foreclosure deeds in Massachusetts (including the Boston real estate market) during 2009. Specifically, from January through June 2009, there was over a 29 percent drop in the filing of foreclosure deeds across the Commonwealth of [...]