Tagged: Closing Attorney

Mark Development partners with Erland and Prellwitz to build a new 299,000 SF property in #Newton

January 14th, 2019 | Closing Attorney

NEWTON, MA – Mark Development is partnering with Erland Construction and Prellwitz Chilinski Associates to build a new 299,000-square-foot property at the corner of Walnut Street and Washington Street in Newton, Mass. The new mixed-use development, Washington Place, will accommodate 41,960 square feet of commercial space, 140 apartments, 309 parking spaces (including underground parking), retail, […]

Pending #homesales grow in December despite #WallStreet turbulence

January 14th, 2019 | Closing Attorney

Pending home sales grow in December despite Wall Street turbulence Pending home sales throughout Massachusetts grew in December, but the sudden volatility seen in U.S. and international stocks near the end of 2018 may have had a negative effect on buyer and seller behaviors, according to a poll from the Massachusetts Association of Realtors. The […]

When the #NewEnglandPatriots Play, #Homebuyers Stay Away #RealEstateClosingAttorney #Boston

January 13th, 2019 | Closing Attorney

When the Patriots Play, Homebuyers Stay Away Football takes precedence over home buying, even in today’s hot real estate market in Boston, Hingham, Weymouth, Dorchester, Mattapan, Milton, Cape Cod,and throughout Eastern Massachusetts. With the New England Patriots chalking up an swell season so far, we Bay-Staters are glued to our TVs on Sundays (and the […]

New York Life #RealEstate Investors facilitates $97 million in #financing for Portside II #EastBoston

January 12th, 2019 | Closing Attorney

New York Life Real Estate Investors facilitates $97 million in financing for Portside II East Pier in East Boston Massachusetts East Boston, MA New York Life Real Estate Investors, on behalf of New York Life Insurance Company, completed the $97 million financing of Portside II at East Pier, a 296 unit, multifamily property. The borrower […]

#Housing and the #Economy #RealEstate #Housing

January 8th, 2019 | Closing Attorney

Cover story: Housing and the Economy The start of a new calendar year is welcomed with parties, well-wishing and an eye toward new beginnings. But in the business and finance world, most people rang in 2019 fixated on endings. The business cycle, the bull market, home sales, price growth — so many economic indicators and […]

More First-Time #HomeBuyers Are Turning to the Bank of Mom and Dad

January 4th, 2019 | Closing Attorney

Rising home prices are sending first-time home buyers to their parents for help with mortgage down payments. More than 26% of mortgage borrowers who used Federal Housing Administration-insured loans got assistance from a relative to make the down payment in the 12 months through September, up from about 22% in 2011, according to data released […]

In reversal #FEMA will fund new #NFIP policies during #shutdown

December 29th, 2018 | Closing Attorney

In reversal, FEMA will fund new NFIP policies during shutdown The ongoing shutdown of parts of the federal government will have a minimal impact on home sales that require flood insurance, thanks to the reversal of a decision by the Federal Emergency Management Agency. The agency issued a statement Dec. 26 which said that as […]

20 percent down payments are rare in many cities #Mortgage #HomeBuyers #RealEstate #ClosingAttorney #Boston

December 23rd, 2018 | Closing Attorney

20 percent down payments are rare in many cities Saving for a down payment remains among the biggest hurdles to homeownership, especially for young or first-time buyers. But more data released recently shows that down payment expectations are changing, including the long-held 20 percent standard. A recent report from Zillow estimated that across the U.S., […]

#RealEstate Best days to close on new home #ClosingAttorney #Massachusetts #Hingham

December 20th, 2018 | Closing Attorney

Real Estate in Brief: Best days to close, new renter data and more The holiday season is all about finding the best deals on gifts for friends and family, but it may also be one of the best times to find a bargain on the biggest purchase most of us will ever make. According to […]

#FreddieMac warns #HousingSupply problem is compounding #RealEstate

December 20th, 2018 | Closing Attorney

Freddie Mac warns housing supply problem is compounding One of the biggest threats to the U.S. real estate market next year will be a familiar one, according to Freddie Mac economists: a lack of inventory due to sluggish building activity. In its latest Insight Report, Freddie Mac put that oft-repeated statement into new perspective. Assuming […]

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