‘National News’ Archives
Congress restores FHA loan limits
If you are a REALTOR member, I'm sure you've heard from us here at the Massachusetts Association of REALTORS(R) and from the National Association of REALTORS(R) about the need to restore loan limits to 125 percent of area median home prices. Well, I am happy to pass on the word that the U.S. House and Senate yesterday restored FHA loan limits to [...]
FHA/Fannie Mae/Freddie Mac loan limits revert back to lower levels: see Massachusetts estimates
Despite REALTOR® efforts, Congress let the temporary increases to FHA and Fannie Mae/Freddie Mac loan limits lapse on October 1. As a result, loan limits have reverted back to pre-February 13, 2008 levels (the date President Bush signed the 2008 Economic Stimulus Bill, which temporarily raised the limits). As a result, loan limits declined [...]
What’s being said in the media: NAR ‘Home Ownership Matters’ bus tour Springfield
Here is the coverage from yesterday's stop of the NAR "Home Ownership Matters" bus tour in Springfield. After Hurricane/Tropical Storm Irene, the coverage focused on the need to extend the National Flood Insurance Program that is set to expire on September 30, 2011 if not extended by the US Senate. Thursday, September 1, 2011 As Western [...]
NAR ‘Home Ownership Matters’ bus tour coming to Springfield, Mass. on 8/31
This Wednesday, the NAR Home Ownership Matters bus tour will be coming to the "City of Homes", Springfield, Mass. to highlight several issues that are important to homeowners across Massachusetts and all of New England. The event will take place at 10:30 a.m. at Court Square in front of the Old First Church across the street from Springfield City [...]
Massachusetts July home sales up over last year
Today we issued our July 2011 housing numbers and both single-family and condo sales were up over the same time last year. This is the first year-over-year increase in six months. Single-family median prices were down from 2010, but condominium median prices essentially flat. Sales and median prices were down for both single-family homes and [...]
