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Massachusetts Eviction and Foreclosure Moratorium For COVID-19 Emergency Signed Into Law Unprecedented, Sweeping Prohibition on Residential and Commercial Evictions Enacted Without Corresponding Mortgage and Tax Relief to Property Owners In an unprecedented, sweeping, and likely unconstitutional move, the Massachusetts Legislature has passed, and Governor Charlie Baker has just signed into law An Act Providing For […]

You can buy Chris Evans’s house from the movie ‘Knives Out’ in Lincoln The Lincoln property at 37 Laurel Ave. is a three-bedroom, two-bathroom home built in 1957 and set on 1.06 acres. The post You can buy Chris Evans’s house from the movie ‘Knives Out’ in Lincoln appeared first on Boston.com Real Estate.

NMHC Says Apartment Market Showing Weakness According to the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for April 2020, apartment market conditions weakened as the industry confronts the ongoing COVID-19 pandemic.  According to their survey metrics;  Market Tightness (12), Sales Volume (6), Equity Financing (13), and Debt Financing (20) indexes all

Feeling boxed in? Boston reportedly has the smallest homes To put Boston’s small space in perspective, it’s less than half the size of the median living area of Colorado Springs, Colo. The post Feeling boxed in? Boston reportedly has the smallest homes appeared first on Boston.com Real Estate.

Average Apartment Space Per Person With the Coronavirus pandemic temporarily (hopefully) altering the way America works, the folks over at RentCafé reminds us that the concept of space has taken on a whole new meaning – especially for apartment dwellers.  They looked at the largest cities across the nation (using Yardi and U.S. Census Bureau

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.

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

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

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