Massachusetts Home Buyer Guide - For MA Home Buyers, By An Exclusive Buyer Agent
News, tips and general information for MA real estate home buyers and homeowners published by real estate broker and attorney Richard Rosa.
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2007
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The housing market offered a glimmer of hope to those praying for a rebound in home sales in the Bay State. The Massachusetts Association of REALTORS® (MAR) reported August 20, 2007 that the number of single-family homes sold in July was up 6.0 percent compared to the same time last year, with me...
08/27/2007
According to RealtyTrac, Inc., Massachusetts ranks 9th in the country in foreclosures filings. Massachusetts saw a month-to-month increase of 48.64 percent in July 2007. New Hampshire ranks 34th and actually saw a decline in foreclosures in July 2007 compared to June 2007. On a month-to-month ba...
08/27/2007
According to Commerce Department data, sales of new homes in the United States rose 2.8 percent in July, CNN Money reported August 24, 2007. Prices were down 3.4 percent in July compared to July 2006."Even with the unexpected rise, the pace of sales only looked good by comparison to very weak sal...
08/27/2007
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Foreclosures across the United States rose 93 percent in July compared to July 2006 and increased 9 percent compared to June 2007, the Houston Chronicle reported August 21, 2007."There were 179,599 foreclosure filings reported during July, up from 92,845 during the same period a year ago, Irvine-...
08/27/2007
While many, but not all, of the country's real estate markets struggle, apparently no one has informed the folks in New York City.The real estate market in the Big Apple is full-steam ahead with no end in sight. But will it end? And when it does will is crash hard? Only time will tell. This Fox N...
08/27/2007
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It's not news to anyone that maintaining a respectable credit score is vital to obtaining a home loan and a competitive mortgage interest rate. What's respectable in the current lending environment may be news to many consumers. According to an August 26, 2007 article in the Boston Herald, underw...
08/27/2007
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Existing home sales across America have declined for the fifth straight month in July and home prices have dropped for a record 12th straight month, USA Today reported August 27, 2007. The National Association of REALTORS provided the data, which indicated a 0.2 percent drop in home sales compare...
08/27/2007
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What's a real estate blog without a little Donald Trump news?If you're concerned (or just interested) in The Donald's future, check out this CNBC video.By the way, Trump has an opinion regarding the credit crunch. He believes the Federal Reserve should cut interest rates by a full point. See the ...
08/19/2007
The Mortgage Bankers Association (MBA) reported August 15, 2007 that mortgage applications rose 3.4 percent from the previous week, and the number of applications was up 20.6 percent compared to the previous year. Some experts believe the spike in applications was fueled by the fear that lenders ...
08/19/2007
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At least one influential Democrat congressman wants to eliminate the mortgage tax deduction on homes larger than 3,000 square feet as part of a larger proposal to cut global warming, the Detroit Free Press reported August 8, 2007.U.S. Rep. John Dingell revealed the plan at a town hall meeting in ...
08/19/2007
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News, tips and general information for MA real estate home buyers and homeowners published by real estate broker and attorney Richard Rosa.