Massachusetts Smart Growth Alliance (MSGA) launches “Great Neighborhoods” Initiative – June 17, 2010

The Massachusetts Smart Growth Alliance (MSGA) has launched “Great Neighborhoods,” an initiative to establish partnerships with municipalities and community-based organizations to help create communities with a high quality of life that are affordable, diverse, and walkable.

MSGA requests letters of interest from local groups and communities in the Greater Boston area who might like to partner with us to plan and implement transformative projects and strategies. Responses are requested by Thursday, July 15. Click here for the Letter of Interest and Background Information.

Bay State Home Sales Climb 3 Percent In 2009; Median Price Drops Below $300,000 (Banker & Tradesman) – January 27, 2010

Reversing a four-year trend of sliding sales, single-family home sales in Massachusetts crept up 3 percent in 2009 from 2008, according to new data from The Warren Group, publisher of Banker & Tradesman.

Median home prices, however, dipped 6.6 percent from 2008 and were almost 20 percent lower than the market peak in 2005.

Please click here for the full article.

Bay State Foreclosure Deeds, Petitions Decline In October (Banker & Tradesman) – November 18, 2010

For the first time this year, both year-over-year foreclosure petitions and deeds decreased in Massachusetts, according to The Warren Group, publisher of Banker & Tradesman.

Foreclosure petitions – the first step in the foreclosure process in Massachusetts – dropped to 1,127 in October, a near 51 percent decrease from 2,296 in October 2009. This is the first month since January that foreclosure petitions have dropped below 2,000. A total of 22,091 foreclosure petitions have been filed so far this year, compared to 23,931 for the same period last year.

Please click here to read the full article.