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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
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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 |
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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.
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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
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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
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