Massachusetts Real Estate News & Opinion by Claudette Millette

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Real Estate Agent - The Buyers' Counsel

ARCHIVED BLOG POSTS

2009 

In order to pay for his new budget, President Barack Obama is proposing to slice up the longtime sacred mortgage interest deduction.  The proposal would reduce the deductions for those earning more than $250,000.  This was unveiled this week as part of a plan that would take effect in 2011.   Cur...
02/28/2009
The nation's home builders are experiencing their worst nightmare.  This week the Commerce Department reported that construction of new homes dropped 16.8 percent last month to a seasonally adjusted annual rate of 466,000.  Well below the 530,000 units economist had expected.  This was the slowes...
02/20/2009
Today, President Obama signed into law a stimulus bill that will release the biggest influx of federal dollars since Lyndon Johnson's Great Society program.  The $787 billion package is aimed at reversing the country's economic problems with billions going to individual states.  Governor Deval Pa...
02/17/2009
NetworkedBlogs Blog: Claudette's Real Estate Blog Topics: Real Estate, Home Buying   Follow my blog  
02/15/2009
A recent study done by the Massachusetts Association of Realtors pointed out some interesting numbers.  Not surprisingly, they found that over 90 percent of all homebuyers are using the internet as part of their home search.  They also found that over 90 percent of buyers chose to work with a rea...
02/13/2009
The much-anticipated $15,000 tax credit for homebuyers has been scaled back to an $8,000 tax credit for first time home buyers only.    A few days ago, following extensive lobbying in Washington, home builders and realtors had hailed the proposed $15,000 tax credit.  Charles McMillan, President o...
02/13/2009
The federal government is working on a plan to stimulate the currently sagging housing market.  In the Senate, a "voice vote" has been made to propose a $15,000 tax break for homebuyers.   More details are emerging about the amendment to the pending economic stimulus bill, which is the brainchild...
02/09/2009
It has been a recurring issue over the years that banks have expressed a desire to enter into the selling side of the real estate transaction.  Some banks have actually sought out the opportunity to own real estate brokerages. For obvious reasons, the National Association of Realtors has been opp...
02/04/2009
You have found the home of your dreams and you are ready to put an offer on it.  Before you sign the contract make sure you know which items will convey with the house and which will be excluded.  There can be some confusion about this, particularly if the listing is vague on the matter.  Real Pr...
02/03/2009
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Claudette Millette

Buyer, Broker - Metrowest Mass
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