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Boston Agent

Fannie, Freddie loan limits increase for third-straight year #FHA #Mortgage #Loans

December 9th, 2018 | Boston Agent

Fannie, Freddie loan limits increase for third-straight year The Federal Housing Finance Agency, which oversees the federally owned mortgage corporations Fannie Mae and Freddie Mac, announced Nov. 27 it will increase its conforming loan limits for the third consecutive year in 2019. After not changing the limits between 2006 and 2016, the FHFA has reversed […]

Freddie Mac: #MortgageRates finally fall

December 6th, 2018 | Boston Agent

Freddie Mac: Mortgage rates finally fall   After weeks of moderation, mortgage rates have finally fallen, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said mortgage rates declined this week amid a steep sell-off in U.S. stocks

Pending home sales complicate short-term housing outlook

December 4th, 2018 | Boston Agent

Pending home sales complicate short-term housing outlook The latest report on pending home sales recorded in October, released today by the National Association of Realtors, showed more signs of a short-term slowdown. NAR’s pending home sales index declined by 2.6 percent last month compared to September, but was 6.7 percent lower than Oct. 2017’s levels. […]

Real Estate in Brief: New task force on #housing affordability #brokerage expansions and more #RealEstateLaw#RealEstateAttorney

November 28th, 2018 | Boston Agent

Real Estate in Brief: New task force on housing affordability, brokerage expansions and more One of the largest residential real estate brokerages in the U.S., Berkshire Hathaway HomeServices, will open more international franchise locations throughout Europe and the Middle East. According to Bloomberg News, BHHS will partner with London franchisee Kay & Co. to open […]

Federal regulators propose loosening #HomeAppraisal rules #RealEstate #ClosingAttorney #Hingham #Milton #Boston

November 27th, 2018 | Boston Agent

Federal regulators propose loosening home appraisal rules A joint proposal by three federal agencies released Nov. 20 could speed up an estimated 40 percent of residential real estate transactions in the U.S. by changing requirements surrounding appraisals. Under the proposed rules, certain residential real estate transactions valued at less than $400,000 would not require a […]

Goody Clancy Principal Jean Carroon Head #BostonSocietyofArchitects in 2019 Other #BSA Officers Elected #Boston #Architecture

November 27th, 2018 | Boston Agent

Goody Clancy Principal Jean Carroon to Head Boston Society of Architects in 2019, Other BSA Officers Elected BOSTON— Jean Carroon FAIA, a Principal at Boston architectural firm of Goody Clancy, will head Boston Society of Architects in 2019. Established in 1867, the BSA/AIA today consists of nearly 4,500 members. BSA also elected a new Board […]

#MLS #brokerages evolve their stance on #privatelistings #RealEstateClosingAttorney #Attorney #Lawyer

November 27th, 2018 | Boston Agent

There is a growing trend throughout several markets involving property listings that don’t appear on that market’s multiple listing system. The idea around private listings, or pocket listings, office exclusives or a number of other names, has been known for some time. But as brokerages, MLS providers and associations grapple with new technology that breaks […]

Existing #HomeSales see first increase in six months #RealEstateAttorney #ClosingAttorney #Massachusetts

November 26th, 2018 | Boston Agent

Existing home sales see first increase in six months After six months of declines, existing home sales posted a month-to-month increase in October, according to the October report from the National Association of Realtors. Total existing home sales rose 1.4 percent from September to 5.22 million single-family homes, townhomes, condos and co-ops sold in October, […]

October #HomeBuilding activity sends mixed signals to markets

November 26th, 2018 | Boston Agent

October home building activity sends mixed signals The most recent data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development on home construction activity sent mixed signals for next year’s homebuilding outlook. While the number of housing starts grew 1.5 percent in October compared to the prior month, it represented […]

Senators introduce updates to the #FairHousingAct #RealEstateLaw #Attorney

November 23rd, 2018 | Boston Agent

Senators introduce updates to the Fair Housing Act Senators Tim Kaine and Orrin Hatch have introduced a bipartisan bill that would expand the Fair Housing Act to include low-income families and veterans. The “Fair Housing Improvement Act of 2018” expands the anti-discriminatory language of the original law to include source of income and veteran status. […]

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