by iwd Tina | Jun 21, 2011 | Housing News
More than 5,700 single-family homes sold in Massachusetts in June, the highest amount for any month since June 2006, according to the latest report by The Warren Group, publisher of Banker & Tradesman.
Single-family home sales increased 28 percent in June, the fifth straight month of double-digit percentage increases. A total of 5,726 single-family homes sold in June, up from 4,457 a year earlier. Sales volume hasn’t come this close to 6,000 since June 2006, when there were 6,152 sales.
Please click here to read the full article.
by iwd Tina | Jun 21, 2011 | Housing News
Sales of single-family homes and condominiums in Massachusetts surged by more than 50 percent in November compared to the same month in 2008, according to The Warren Group, publisher of Banker & Tradesman. November was the fifth consecutive month that single-family home sales increased year-over-year and the third straight month that condominium sales rose.
Please click here to read to full article.
by iwd Tina | Jun 21, 2011 | Housing News
May 14, 2010 – New York Times carries an editorial explaining the importance of Senator Cantwell’s and Senator Bingaman’s bills to reinvigorate the Low Income Housing Tax Credit (LIHTC) program. This editorial is the result of hard work by Enterprise Community Partners to explain the importance of the A.C.T.I.O.N. (A Call To Invest In Our Neighborhoods) campaign proposals to the NY Times and other media outlets.
Please click here to read the editorial.
by iwd Tina | Jun 21, 2011 | Housing News
Please click here to visit DHCD’s website where you will find a notice on and text of the regulations.
by iwd Tina | Jun 21, 2011 | Housing News
Washington, DC – U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan and Federal Housing Administration (FHA) Commissioner David H. Stevens today briefed members of the media, industry leaders and congressional Members on the FHA’s financial outlook, in coordination with the agency’s release of its annual independent actuarial study.
The independent study shows that FHA has sustained significant losses from loans made before 2009, and the capital reserve ratio has fallen below the congressionally mandated threshold, but concludes that under most economic scenarios considered FHA’s reserves would remain above zero.
Please click here for the full press release and to access the report.
