Paxton Real Estate News
Real Estate news for Paxton, MA continually updated from thousands of sources.
Tuesday Dec 2 | via Worcester Telegram & Gazette
Worcester County continues to lead the state in foreclosures, with lenders filing 194 new actions against homeowners during October, new data show. New actions by lenders were up nearly 166 percent in October over the same month last year, according to The Warren Group, the Boston-based publisher of the trade journal Banker & Tradesman. Comment?
Tuesday Nov 25 | via Worcester Telegram & Gazette
Sales of existing single-family homes in Worcester County were flat during October compared to the same month a year ago, but median prices inched up, according to new data. A total of 598 homes sold during October in Worcester County, three more compared to a year earlier, according to a report Tuesday from The Warren Group, a Boston publisher that focuses on real estate. Comment?
Nov 4, 2014 | via Worcester Telegram & Gazette
Lenders started 127 foreclosure actions in Worcester County during September as foreclosure activity jumped statewide, according to new data from a Boston publisher. The Warren Group said today that new foreclosure actions were up 48 percent in Worcester County over the same month last year. Comment?
Aug 25, 2014 | via Worcester Telegram & Gazette
Compared to Massachusetts, Worcester's economy is doing better on some measures and worse on others. Comment?
Jul 25, 2014 | via Patch.com
Pamela MacDougall, and employee of Milford Federal Savings and Loan Association , has been ranked as number one for loans produced for banks in the state of Massachusetts, Milford Federal announced this week. Comment?
Tuesday Dec 16 | via Cape Cod Times
When the bottom fell out of the housing market in 2008, some Massachusetts policy makers saw a possible silver lining. After years of fretting about the high cost of housing in the Bay State, and multiple attempts to encourage the creating of more affordable homes, the bursting of the housing bubble had brought prices down fast. Comment?
12 hrs ago | via Counterpunch
During the last major financial crisis of 2008, bad positions on more than $60 trillion worth of over-leveraged credit default swaps were unwound at the same time, creating a chain of events that brought the international banking system to a halt, resulting in a wave of bank bailouts and austerity budgets still with us today. All because banks were betting money they didn't have at ever larger margins. Comment?
13 hrs ago | via Cape Cod Times
Mahoney's Garden Center has extended its “Trees for Troops” program at all of its eastern Massachusetts locations, including its Route 28 sites in Osterville and East Falmouth, until Christmas Eve because Christmas trees are still needed for military families. Through this program, members of the community can buy a tree for a military family for $30. Comment?
Yesterday | via Boston.com
Packed with tech and biotech jobs, Massachusetts has one of the highest median incomes in the country, rising to nearly $67,000 last year. But hold the champagne. Comment?
Sunday Dec 14 | via Sentinel & Enterprise
The foreclosure crisis is several years past its peak, and rates of foreclosure are declining from year to year. But the past 10 months have actually seen an increase in rates, which is especially discouraging in cities such as Fitchburg, which still have a long way to go toward recovery. Comment?
7 min ago | via Ukiah Daily Journal
If you don't buy a lot of property and you are not in the real estate business, chances are you don't know much about the escrow process - which is fine unless you're buying a house. Escrow is the neutral place where legal documents pertaining to property ownership and money to pay for that property remain safe until a transfer of ownership is complete. Comment?
2 hrs ago | via Reuters
LONDON, December 19 Fitch Ratings has affirmed Sweden's Long-term foreign and local currency Issuer Default Ratings at 'AAA'. The Outlooks are Stable. Comment?
8 min ago | via GuruFocus.com
Co-Founder and Co-CEO of the The Carlyle Group, one of the most successful private equity firms in the world interviews Donald Trump , the most successful celebrity real estate developer, entrepreneur, and golf promoter, we should pay attention. Hosted at the Economic Club of Washington D.C. December 15, 2014, Trump spoke about running for president, utilizing bankruptcy as a business tool, and the economy. Comment?
10 min ago | via Finance and Commerce
The U.S. has an undersupply of single-family houses and apartments to rent for the first time since 2001, according to an analysis by Frank Nothaft, chief economist at mortgage buyer Freddie Mac. The shortage is giving the upper hand to institutional investors who spent more than $25 billion since 2012 buying single-family homes to rent. Comment?
16 min ago | via The Real Deal
Following a slow first half of the year, the commercial mortgage-backed securities market is seeing a flurry of activity as lending standards continue to ease up. Since July 1, Wall Street firms have sold about $45.4 billion of securities backed by loans on properties ranging from shopping malls to apartment complexes. Comment?
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