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  • Looking Ahead: Future of Homeownership Rates

    Jul 01, 2017
    A historic decline in the homeownership rate has generated substantial discussion among economists over the future of homeownership in the United States. After peaking at 69.2 percent in 2004, the national homeownership rate declined steadily to 63.4 percent in 2016 according to the Housing Vacancy Survey.
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  • Testifying on the Inventory Crisis

    Jul 01, 2017
    One of the most important responsibilities of any Massachusetts Association of Realtors® president is to serve as the association spokesperson. This means communicating our views and positions on various issues impacting the real estate market and homeowners. On May 2, I had the opportunity to testify before the Joint Committee on Municipalities and Regional Government regarding our H.O.M.E. Bill H.1112 (An Act improving housing opportunities and the Massachusetts economy) and the critical need for removing barriers to housing production to help solve our current inventory crisis. I thought you would be interested in reading the testimony that I presented on behalf of our association.
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  • The Client of the Future

    Jul 01, 2017
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  • Notes from the MAR Legal Hotline

    Jul 01, 2017
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  • {legal Realtor®} To ‘Escalation Clause’ or Not to ‘Escalation Clause’

    Jul 01, 2017
    When there is a hot sellers’ market, certain buyers have sought methods to obtain an advantage over competing buyers. One factor that often influences a seller to accept an offer is the price. To make the offer more attractive than competitors, buyers in some situations add an “escalation clause” or “escalation addendum” to their offer in an effort to outbid competitors.
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