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After its recent success in working
with the U.S. Congress to increase
the limits for mortgages insured by
the Federal Housing Administration
(FHA) as well as Fannie Mae and
Freddie Mac conforming loans, the
National Association of REALTORS® is
now calling upon federal lawmakers
to make the loan increases
permanent.
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On Wednesday, February 27, 2008 the
Boston City Council voted
unanimously to approve a new law
regulating the maintenance of
abandoned and foreclosed properties.
This Ordinance applies not only to
lenders, but also to "property
managers" and "real estate brokers"
that are...Read More
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The Greater Boston
Association of REALTORS® and Boston Globe Media have partnered to host a
free workshop for home buyers and sellers which will be held on
Saturday, April 12, from 9 a.m. to 12:30 p.m., at the Sheraton Four
Points Hotel on Rt. 1 in Norwood. The workshop will feature a half
dozen sessions...Read More |
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Keep your eyes open
when visiting Boston.com and other local media websites in April and May because the
Greater Boston Association of REALTORS® will be launching its first-ever
advertising campaign. The online advertisements will supplement the
Public Awareness Campaign currently being used by the National
Association...Read More
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GBAR
President David Friedberg has sent a
Letter to the Editor in response to a column that appeared in the
March 16 edition of the Boston Globe Sunday Magazine criticizing
REALTORS® for their optimistic view of the current housing market. In
his letter, President Friedberg takes issue with the media's gloom...Read More |
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If
you missed GBAR's REALTOR® of the Year awards ceremony last year, you
definitely don’t want to this year. Mark your calendars for Tuesday,
June 24 for the event, which is taking place in the Wharf Room at the
Boston Harbor Hotel. There will be a cocktail reception, a silent
auction, dinner and the announcement of...Read More |
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In July 2007, the Greater Boston Real Estate
Board and the Massachusetts Association of
REALTORS® testified against H 767, "An Act
Relative to the Disclosure of Wetlands on
Property." At a hearing this month, the
legislation was sent to a study, meaning
more research is needed on the bill and it
will likely not appear...Read More |
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The Internal Revenue Service recently issued
a Revenue Procedure ruling that spells out
how vacation properties can qualify for 1031
exchanges, which involve the exchange of
investment properties.
The guidance aims to clear up the debate
about whether vacation homes are investment
or personal use properties.
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