Archive for June, 2011
What’s being said in the media: May 2011 home sales
Here are the articles that resulted from yesterday’s release of our May 2011 housing numbers. We’ll update this post if more articles come in. Friday, July 22, 2011 QRM could harm market recovery, Realtor association says New England Business Bulletin Wednesday, June 29, 2011 Mass. home [...]
May median home prices up as sales volume down in Massachusetts: proposed ‘QRM’ definition also troubling
Today we issued our May 2011 housing data and sales of both single-family homes and condos were down compared to the same time last year. While sales were down, median prices for both single-family homes and condos were up compared to the year before and from April. Month-to-month sales were up, which is typical from April to May. If sales [...]
Understanding ‘The QRM Conundrum’
For REALTORS(R), or anyone looking to buy a home or re-finance a mortgage loan, you should know there is currently a proposal being considered as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act that might make it much more expensive to obtain a loan if you don't have a 20% downpayment (or 25-30% equity for those looking to [...]
REALTORS Give to Help Tornado Victims
Not only did the REALTOR members in Massachusetts donate over $2,500 in the past few weeks to the MAR Charitable Foundation for tornado relief but REALTORS from across the state are volunteering their time to help those in need. See the outreach on the REALTOR Association of Pioneer Valley Tornado Relief facebook page. Also read the stories [...]
What’s being said in the media: May REALTOR Market Index
Here are the articles that resulted from yesterday's release of our May 2011 REALTOR(R) Market Index (RMI) and REALTOR(R) Price Index. We’ll update this post if more articles come in. Wednesday, June 16, 2011 Money Briefs: Less Confident Telegram.com (Worcester Telegram & Gazette) Realtor confidence index declines The Lowell [...]
