Lending standards need to ease for real estate to rebound with economy. Reply

With spring now here, more and more home buyers will begin looking for homes and home sellers will begin preparing their homes for the market.  Economists at the National Association of REALTORS® (NAR) state (and I agree) that there is a lot of pent-up demand as potential home buyers held off on buying a home in a tough economy break loose of their chains. More…

Adding value to your home with renewable energy technology does not result in higher property taxes Reply

If you are considering incorporating renewable energy technology to your home with solar hot water, solar space heat, solar thermal electric, solar photovoltaics, or wind; you are exempt from being taxed on the improvements to your home for twenty years in Massachusetts.

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January and February home sales best in five years; Massachusetts adds 9,100 new jobs in February Reply

The National Association of REALTORS® (NAR) recently reported that January and February home sales were the best in five years. According to a MarketWatch.com article, the Chief Economist for NAR said that real estate agents are enthusiastic that the real estate market is improving and that the improvement is partly due to unusually warm temperatures. However, according a J.P. Morgan economist cited in the article, indicators of improvement were appearing before the warm weather started. More…

New Lead-Based Paint Law: Triggers, Exemptions, and Information for Contractors Reply

As of April 22, 2010 contractors performing renovations in buildings built prior to 1978 and where a child under the age of 6 resides must be certified to deal with lead-based paint. The new rule also applies “child occupied facilities” like schools and day care centers. The primary reason for the new law is because of the generation of lead dust during renovation projects involving lead-based paint. More…

The Green Communities Act: What you should know when buying or selling a home in a Green Community Reply

Cities and towns in the Commonwealth of Massachusetts have recently been designated as “Green Communities” under the Green Communities Act.   Eight of these cities and towns are located in the Pioneer Valley.  While the incentives for becoming a Green Community are grants to help municipalities pay for energy efficient measures, it also presents a unique opportunity for those trying to sell a home in a Green Community.   It also requires a new set of skills for REALTORS®. More…