Associations

Homeownership down slightly but not for Millennials
Homeownership down slightly but not for Millennials

First-time buyers contributed to 31% of September’s home sales due to record-low mortgage rates, according to the report.

MAR: ‘No summer slowdown this year’
MAR: ‘No summer slowdown this year’

The median price of a single-family home on the market in Massachusetts was up nearly 20% compared to a year ago.

NAR’s motion for dismissal denied; third buyer-side lawsuit to move forward
NAR’s motion for dismissal denied; third buyer-side lawsuit to move forward

U.S. District Judge Andrea Wood rejects NAR’s motion to dismiss class action suit about buyer-broker commissions.

NAR helps secure federal funds for transportation, flooding
NAR helps secure federal funds for transportation, flooding

It was a hard-fought effort to procure federal funds in the middle of a recession, but NAR announced that the president is poised to sign a bill that provides money for road projects and flooding.

Massachusetts Association of Realtors sends 6K in grants to housing nonprofits
Massachusetts Association of Realtors sends 6K in grants to housing nonprofits

“The MAR Charitable Grants program is just one way in which we can give back and help our communities continue to be great, vibrant places to live and work by supporting the most vulnerable among us.” — CCIAOR CEO Ryan Castle

Civil rights group sues to halt CDC eviction moratorium
Civil rights group sues to halt CDC eviction moratorium

The lawsuit also argues that the feds are commandeering state courts and officers to implement an unconstitutional federal law.

Cape Cod sets home sales record in August
Cape Cod sets home sales record in August

The Cape Cod real estate market sets records for residential, pending and median sales in the month of August, according to a new report from the Cape Cod & Islands Association of Realtors.

Massachusetts home values up 15% from 2019
Massachusetts home values up 15% from 2019

The monthly report from the Massachusetts Association of Realtors reveals another record-breaking month for inventory and home values.

Unemployment down in August, but long-term damage continues
Unemployment down in August, but long-term damage continues

The U.S. economy added 1.4 million new jobs in August, but one economist warns that permanent job losses are a bigger problem.

CDC imposes eviction moratorium through 2020
CDC imposes eviction moratorium through 2020

Real estate industry associations oppose the decision and are calling on Congress to provide rental assistance to housing providers.

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