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The National Association of REALTORS® has quickly reacted to President Obama's proposed cut in the mortgage interest deduction.  NAR strongly opposes the provision and is utilizing a vast array of resources to make its opposition clear. Read More

   

An article appearing on Forbes.com last week analyzed the latest data from the S&P/Case-Schiller Home Price Index and ranks metropolitan Boston as one of the strongest housing markets in the U.S.  Boston ranks seventh nationally thanks to a slowing rate of price decline, a modest foreclosure rate compared to other U.S. cities, and the fact that the Boston market does not have an overabundance...Read More
   


Beginning April 1, 2009, a new enhanced version of the SoftSecond program can be used by qualified homebuyers looking to purchase foreclosed condominiums, single-family, two-family and three-family homes in neighborhoods hardest hit by foreclosure. Read More
   

As part of the American Recovery and Reinvestment Act, an $8,000 tax credit is available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009.  The credit does not require repayment.  Most of the mechanics of the credit will be the same as under the 2008 rules:  the credit will be claimed on a tax return to reduce the purchaser's income...Read More
   

The NATIONAL ASSOCIATION OF REALTORS® has rolled out its new "Right Tools, Right Now" program, which aims to help members excel during today's challenging economic times.

The initiative includes an array of publications, education, services, resources, and tools available to members for free, at cost, or at significantly reduced pricing. By removing the financial barrier to NAR's roster of business-building resources, NAR hopes that all or most of its members will take advantage of these tools and information. Read More