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Friday May 09, 2008

Massachusetts Real Estate Market News

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Fri, 09 May 2008 10:15:24 GMT
Ellsworth: Firm sues in Lowe's site dispute (Bangor Daily News)
  • A local commercial real estate firm and a Massachusetts developer that ushered a new Lowe’s home improvement store into Ellsworth are embroiled in a legal battle over $150,000.

  • Thu, 08 May 2008 04:12:04 GMT
    Foreclosure surge hits toney towns (Boston Herald)
  • The foreclosure crisis in Massachusetts has gone from bad to worse, with the number of homes seized by their lenders soaring in some of the state's wealthiest towns,...

  • Mon, 05 May 2008 22:37:44 GMT
    Poll: Mass. residents continue to back casinos (NBC 10 Providence)
  • DARTMOUTH, Mass. -- A new gambling study shows some Massachusetts residents who have not supported casinos in the past may be changing their minds. "Fifty-seven percent of Massachusetts residents still favor two or more resort casinos in the state of Massachusetts.

  • Mon, 05 May 2008 21:51:57 GMT
    Mass. upholds ruling to halt Fremont foreclosures (Reuters via Yahoo! Singapore News)
  • BOSTON, May 5 - A Massachusetts court has upheld an injunction to force cash-strapped mortgage lender Fremont General Corp to halt all foreclosures in the state to give local authorities time to review each mortgage.

  • Tue, 06 May 2008 03:08:01 GMT
    O'Connor hears R.I. land dispute (The Providence Journal)
  • BOSTON — Justice Sandra Day O’Connor, the first woman to serve on the Supreme Court of the United States, yesterday began a two-day stint on the federal appeals court in Boston, delving into issues ranging from the bloody murder of a former priest in Massachusetts to a dispute over prime real estate in Barrington.

  • Mon, 05 May 2008 17:15:40 GMT
    Monday May 05, 2008 - 13:11 EST (Rolling Good Times)
  • MASSACHUSETTS -- As reported by the Providence Journal: "Massachusetts could become the center of gambling in New England if it builds a destination resort casino and undercuts Rhode Island's 61 percent tax on video lottery terminals, according to a public policy analyst at the University of Massachusetts at Dartmouth.

  • Mon, 05 May 2008 04:16:28 GMT
    Reshuffling the deck (Boston Herald)
  • Public support for expanded gambling in Massachusetts remains high and even appears to be on the rise, despite the lopsided defeat on Beacon Hill of Gov. Deval Patrick's...

  • Mon, 05 May 2008 01:53:01 GMT
    Study finds Bay Staters support casinos (The Providence Journal)
  • Massachusetts could become the center of gambling in New England if it builds a destination resort casino and undercuts Rhode Island’s 61 percent tax on video lottery terminals, according to a public policy analyst at the University of Massachusetts at Dartmouth.

  • Sun, 04 May 2008 20:38:54 GMT
    Mass. GOP Struggling To Reverse Trend (WBZ Boston)
  • Massachusetts Republicans are hoping to reverse a half-century tumble toward political obscurity with a new crop of candidates to the Massachusetts House and Senate.

  • Sat, 03 May 2008 07:54:47 GMT
    Amesbury beats house sales trend (The Daily News of Newburyport)
  • AMESBURY and mdash; During a struggling housing market, Amesbury's real estate figures climbed last year and mdash; a scenario that was different from most other cities and towns in Massachusetts. According to a report issued recently by the Warren Group, Amesbury's median price for a single-family house rose 8 percent from 2006 to 2007 and mdash; $358,000 compared with $329,950.

  • Thu, 01 May 2008 13:04:00 GMT
    Serbian IT Leader Looks to Expand Massachusetts Presence (PR Newswire via Yahoo! Finance)
  • After announcing their arrival in Boston just two months ago, Spinnaker New Technologies, a wholly owned subsidiary of ComTrade Group, is looking to expand their Massachusetts presence.

  • Wed, 30 Apr 2008 17:33:00 GMT
    Bert Gilbert Joins Brookwood Securities Partners, L.P. as Managing Director (Business Wire via Yahoo! Finance)
  • BEVERLY, Mass.----Brookwood Financial Partners, L.P. , a Beverly, Massachusetts-based private equity firm that invests in real estate and corporate securities, has announced that Bert J.

  • Wed, 30 Apr 2008 12:37:00 GMT
    REX Agreement Allows Massachusetts Homeowners to Convert Home Equity Into Cash Now Without Debt, Interest or Monthly ... (Business Wire via Yahoo! Finance)
  • SAN FRANCISCO----Massachusetts homeowners now have the ability to unlock equity in their homes without ever incurring debt, interest charges or monthly payments. REX & Co., a real estate investment company dedicated to creating safe alternatives to debt financing, announced today that it is offering the REX Agreement in Massachusetts.

  • Tue, 29 Apr 2008 16:22:35 GMT
    Milwaukee Center to be sold for $55 million (BizJournals)
  • The Milwaukee Center, a 373,489-square-foot downtown Milwaukee office building, is being sold to a Massachusetts real estate investment trust for $55 million, a trade publication has reported.

  • Tue, 29 Apr 2008 04:53:27 GMT
    VoxOp (Boston Globe)
  • MASS. HOUSING SLUMP "Massachusetts is likely going to hit bottom in 2009 and then take another five years to see real estate prices return to where they were in 2005 when the prices started falling . . . If my more conservative assumptions prove correct, then housing prices will bottom out next year won't return to where they were in ...