Category: Real Estate Transactions
Construction company to keep headquarters in Auburn
When a company is looking to expand its headquarters, it may look outside of its current city to do so. One established company in Massachusetts was looking to expand but was able to remain in the same location with the help of a neighboring establishment. The real estate transaction that...
Real estate transactions on the rise in Massachusetts
The housing market crash in 2008 had a devastating impact on the value of real estate across the United States. Recently, signs have begun to appear that indicate that the housing market is starting to rebound. A recent report from the Massachusetts Association of Realtors details a significant increase in the number of
Multimillion dollar loan closed on 2 Massachusetts complexes
Real estate investment is a process that often involves taking out loans on promising properties. The quality of the property, as well as its age, location and size are taken into account during the loan process. Rental properties that have a high monthly income potential can be good candidates for a
Is it cheaper to buy a home than rent one in Worcester?
The answer to that question is a resounding YES, according to Trulia, a residential real estate and data trending group. The group recently compiled data that examined homes for sale and homes for rent in the top 100 metro areas considered the largest in the country, including Worcester, Massachusetts. The data came from its...
Worcester Diocese to be sued over housing discrimination
Residential real estate transactions can be a complex maze of rules, regulations and paperwork. Any number of things can go wrong from title declarations to land use and zoning issues when it comes to commercial real estate. And there are always price negotiations and inspections to deal with. But what went wrong for two...
2-year high for Mass. home sales, Worcester median price declines
Reports from the Warren Group, which tracks homes sales figures, reported late last month that single family home sales in Massachusetts hit a 2-year high statewide. Just short of 5,500 homes sold in June, up from almost 4,370 for the previous year, and year-to-date sales are up by almost 25 percent. Using a different...
Massachusetts residential real estate: are young people buying?
Although the residential real estate market has been on a gradual recovery, some reports are asking whether young people are buying. Last month, the Boston Globe reported a decline in the rates of young people owning a home in Massachusetts. The report said there was a 20 percent decline in a five year span...
Worcester County foreclosures up 42 percent over April 2011 rate
Former Evergreen Solar Plant in Devens, Massachusetts, is sold
The state-of-the-art manufacturing facility that was the former Evergreen Solar Plant has been acquired by Hackman Capital and Calare Properties. The founder and CEO of Hackman Capital said the company is thrilled about the real estate transaction as it builds its presence in the Greater Boston Area. It is looking...