Sign up to Attend the 2017 REALTOR Day on Beacon Hill

2017-05-09T16:13:15+00:00

REALTOR® Day on Beacon Hill is scheduled for Wednesday, June 14th at 10 a.m. in the Massachusetts State House Great Hall. REALTORS® will have a chance to network and enjoy a continental breakfast starting at 9:30 a.m. before learning about the key legislative issues in 2017 that will affect the real estate industry and private [...]

The latest on what is happening on Beacon Hill

2017-05-05T20:26:37+00:00

Your government affairs staff has been hard at work this year, introducing new legislation, pushing for housing development, and considering the impact of news laws on the real estate industry. Suffice it to say, 2017 will be an interesting one. Learn more below. 190TH General Court January marked the start of the 190th General Court of the [...]

Falmouth Town Meeting Passes New Accessory Dwelling Bylaw

2017-04-04T20:03:40+00:00

Falmouth Town Meeting voters overwhelmingly approved a new Accessory Dwelling Unit bylaw that gives the ability to build attached units by right, with design review, without income or familial restrictions.  Below is more about the Falmouth Accessory Dwelling bylaw and the need for the bylaw. The Problem: The Cape Cod Young Professionals ‘Shape the Cape’ study [...]

UPDATED: REALTORS® Sounding Alarm Bells as NFIP Set to Expire

2017-07-18T13:25:04+00:00

7/18/17 UPDATE: With just over three months left until the National Flood Insurance Program expires, it is more important than ever for Congress to act to extend the program. While staff at the National Association of REALTORS® fully believes there will be no lapse, REALTORS® setting closing dates for immediately following Sept. 30 do need [...]

New Massachusetts agency disclosure form to be used

2017-05-05T20:26:38+00:00

All Realtors® should be aware that the Board of Registration for Real Estate Brokers and Salespersons has issued a NEW Mandatory Agency Disclosure Form. The form’s official title is the Massachusetts Mandatory Real Estate Licensee – Consumer Relationship Disclosure. The form is designed to provide the same kinds of disclosures to consumers while clarifying and [...]

REALTORS® Push HUD to Move Forward With FHA MIP Rate Cut

2017-05-05T20:26:39+00:00

The U.S. Department of Housing and Urban Development announced Jan. 20 that it was suspending indefinitely the FHA premium rate cut that had been expected to take effect on Jan. 27. HUD had announced the reduction Jan. 9, saying continuing strength in FHA’s reserve fund (the Mutual Mortgage Insurance Fund) warranted the move. NAR estimated [...]

Exodus may not be the Cape’s problem

2017-05-05T20:26:39+00:00

By Mahesh Ramachandran It’s an oft-told tale: Young people are fleeing Cape Cod, resulting in a declining population for the foreseeable future and signaling a contraction of our workforce. But what if that’s not the case? We dove into the numbers, counting methods and economic data and reached conclusions that challenge, if not dispel, the [...]

Falmouth owes property owner $1 million in takings case

2017-05-05T20:26:39+00:00

What happens when a town institutes wetland “no disturbance” zones that prevent a landowner from building on her lot? In a recent case in Falmouth, MA, it resulted in the town owing the landowner nearly $1 million for denying her the economic value of the land. The use of zoning bylaws by towns to regulate [...]

Pot legalization to impact landlord-tenant relations, disclosures

2017-05-05T20:26:39+00:00

On November 8th 2016 Ballot Question #4, which will allow for the recreational use of marijuana, was passed by Massachusetts voters in a fairly wide margin of 54% to 46%. Under the new law, the use of marijuana for recreational purposes will be legal starting on December 15, 2016. However, the sale of the drug [...]

REALTORS outline priorities for next Massachusetts legislative session

2017-05-05T20:26:39+00:00

As the year comes to a close, the MAR Government Affairs Committee and staff are working hard to prepare for the 2017-2018 Legislative Session. Each session, thousands of bills are proposed, many of which affect property owners and the real estate industry. MAR will continue to advocate to promote a legislative agenda that seeks to protect private property rights and the businesses [...]