Energy-efficient mortgages allow for more borrowing power, SAVE legislation could make them more accessible 2

If you are buying an energy efficient home, you may qualify to borrow more money thanks to loan programs that take into consideration the money you will save in energy costs when factoring your debt-to-income ratio.  These types of loans are called Energy Efficient Mortgages (EEM) and are insured by the Federal Housing Administration (FHA).

Michael Seward has earned the NAR Green designation. If you are looking to buy or sell an energy efficient home, call Michael Seward at 413-531-7129 Michael Seward has earned the NAR Green designation. If you are looking to buy or sell an energy efficient home, call Michael Seward at 413-531-7129  More…

Mortgage interest rates at 4.25% STILL below historical averages, making it STILL the time to buy or sell a Pioneer Valley home Reply

Mortgage interest rates for 30-year-fixed mortgages recently hit 4.25% as predicted earlier this year.   This is still a low rate that will not last forever, making now the time to buy or sell a home in the Pioneer Valley.  Although mortgage rates have risen, they are still low when compared to what they were just a few years ago.   Just prior to the mortgage crisis, the average interest rate for a 30-year-mortgage was 6.5%.

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Pioneer Valley single-family home sales and median prices rose in May; analysts say rising interest rates likely to spur market Reply

Michael Seward recently sold this home in Belchertown, which was the first in town to sell for over $400,000.  Call Michael Seward at 413-531-7129.

Michael Seward recently sold this home in Belchertown. Call Michael Seward at 413-531-7129 if you plan on buying or selling a home in Belchertown or the surrounding communities.

Single-family home sales and median single-family home prices were up in the Pioneer Valley in May, according to data released by the REALTOR® Association of Pioneer Valley (RAPV).  RAPV reported that single-family home sales were up 1.2% overall with 425 units sold, while median single-family home prices were up 11.6%, when compared to the same period last year.

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Studies find that Amherst needs to increase affordable housing, public forum scheduled for June 18. Reply

North Amherst Village center is located just north of the UMass campus

North Amherst Village center is located just north of the UMass campus

A couple of recent housing studies published on Amherst.gov—a housing production plan and a housing market study —that demonstrate that Amherst is going through some growing pains, which are having an adverse affect on the ability of key demographics to afford a home in town.

In a letter from Town Manager John Musante to Town Meeting members, he explains that the purpose of the housing production plan was to address Amherst’s affordable housing needs, while the housing market study addressed the student and non-student housing market and zoning issues. More…

Governor Patrick announces Commonwealth Housing Week to promote first-time home buyer initiative Reply

Governor Deval Patrick (file photo)

Governor Deval Patrick (file photo)

Governor Deval Patrick proclaimed June 10 to June 16 Commonwealth Housing Week as part of his administration’s announcement of a compact among lenders to write 10,000 mortgages to first-time home buyers over the next 5 years.

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Granby Home for Sale: 75 Cold Hill boasts a view of Mount Tom (Video) Reply

75 Cold Hill, Granby, MA

75 Cold Hill, Granby, MA

Boasting over 3,000 square feet, three bedrooms, three and a half bathrooms, a finished walk-out basement, and views of Mount Tom, 75 Cold Hill in Granby is a wonderful property.

Cold Hill is a short drive away from Mount Holyoke College and Orchards Golf Club, a preserved Donald Ross designed golf course.  It is also a short drive away from major routes.

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South Hadley Multi-Family Home for Sale: 154 South Main Street (Video) Reply

Located at 154 South Main Street in the South Hadley Falls area of South Hadley, is this two-family home situated on just over a half acre lot on the banks of the Connecticut River across the street from Beachgrounds Park.

154 South Main Street, South Hadley.

154 South Main Street, South Hadley.

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New England National Scenic Trail completion celebrated at ceremony at Quabbin Reservoir Reply

A short ceremony was held at Quabbin Reservoir to acknowledge the completion of the New England National Scenic Trail.

A short ceremony was held at Quabbin Reservoir to acknowledge the completion of the New England National Scenic Trail.

A ceremony was held on June 1 at the Quabbin Reservoir in Belchertown to acknowledge the completion of the New England National Scenic Trail, which runs from the Long Island Sound to the New Hampshire Border.  The American Hiking Association recognizes June 1 as National Trails Day®.

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