Reports: The pandemic didn’t stop home prices from rising in Mass. For the third month in a row, the median price for a condo in the state is higher than the cost of a single-family home. The post Reports: The pandemic didn’t stop home prices from rising in Mass. appeared first on Boston.com Real Estate.
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FHFA Announces 4-Month Advance Obligation Limit for Loans in Forbearance The Federal Housing Finance Agency (FHFA) recently announced the alignment of Fannie Mae’s and Freddie Mac’s (the Enterprises) policies regarding servicer obligations to advance scheduled monthly principal and interest payments for single-family mortgage loans. In other words, once a servicer has advanced four months of
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Remote Virtual Notarization Act for COVID-19 Emergency Enacted by Massachusetts Legislature New Laws Allow Video-Conferencing Technology For Notarization of Legal Documents during COVID-19 Crisis After what seemed like an eternity during this unprecedented COVID-19 crisis, the Legislature has finally passed a bill providing for the remote virtual notarization of legal documents through video-conferencing technology. The
#Covid_ImpactRE: Is seller bias & lack of transparency misleading homebuyers? Two weeks ago submitted the question below to an Online Town Hall hosted by one of the leading real estate agent-to-agent Facebook groups. Regrettably, it wasn’t even acknowledged. It’s timely again because NAR’s chief economist will address 1,000 real estate agents at another virtual Town
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Home Prices Were Heating Up Prior to the Coronavirus Outbreak According to CoreLogic, home prices across the nation were beginning to “heat up” just prior to the Coronavirus outbreak and subsequent national emergency. Their latest CoreLogic Home Price Index (HPI) Report for February said that prices increased 4.1% year over year and has been increasing
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Short on store-bought cleaners? Use what you have on hand The good news is that you need you probably already have or can still get. Get more expert advice at realestate.boston.com. The post Short on store-bought cleaners? Use what you have on hand appeared first on Boston.com Real Estate.
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First Quarter Foreclosure Filings Up 42% from Q4 2019 According to ATTOM Data’s latest U.S. Foreclosure Market Report, there were 156,253 U.S. properties with a foreclosure filing, representing a 42% increase from Q4, 2019. However, Q1’s number is 3% lower than one year ago. In addition, the report says that in March alone there were
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April is Fair Housing Month April is Fair Housing Month, as designated by the U.S. Dept. of Housing and Urban Development. Each year, HUD and its fair housing partner organizations pursue enforcement actions, work to enhance the public’s awareness of their housing rights and emphasize the importance of ending housing discrimination. They say that any
The US 30-year mortgage rate has fallen again But the 15-year rate has gone up. Get news on the market and search the latest listings to rent or buy at realestate.boston.com. The post The US 30-year mortgage rate has fallen again appeared first on Boston.com Real Estate.
COVID-19 Impact on Short-Term Rentals Do you have any short-term rental investments that have been affected by the Coronavirus? On a recent episode of Real Estate News for Investors, Kathy Fettke discusses the impact the pandemic has had on the short-term rental industry as well as what Airbnb has been doing to address it. “Airbnb