RE/MAX report: Vermont real estate should improve in 2017

Vermont Business Magazine The RE/MAX INTEGRA, New England 2017 Market Outlook Report predicts continued housing market strength in early 2017 across the New England states driven by low interest rates, demand from first-time buyers and a sustained preference for affordable homes close to cities. Vermont has seen mixed results in 2016 after notable improvement in home sale values in 2015. The Burlington, Middlebury and Montpelier have seen prices lag, while Rutland and Manchester have seen them improve. Meanwhile, Days On Market, which is an important indicator of market activity, has shown almost universal improvement. The Burlington area has fallen to only 60 days. A lower DOM is expected to lead to higher prices in 2017.

Across the region, first-time buyers and millennials represent a dominating force across New England, as they are rapidly purchasing single-family homes and condos in proximity to cities. Boston, MA, Providence, RI, Portland, ME, Burlington, VT, Hartford,

... read more at: http://www.vermontbiz.com/news/december/remax-report-vermont-real-estate-should-improve-2017

124-condo complex proposed for York Village – Seacoastonline.com

YORK — The family of the late Mary Davis has filed plans with the town to subdivide their 109-acre York Village property into as many as 124 condominium units.

The action comes more than two years after residents of the town voted against spending $5.5 million to purchase the property, which includes woods, fields and vernal pools, abuts Village Elementary School and stretches to Donica Road.

The Planning Board is expected to review a preliminary proposal, or sketch plan, at its Jan. 12 meeting. This first step provides an opportunity for applicants to get a sense from the board of the scope of issues that the project may face.

As proposed, the Mary McIntire Davis Trust, a family trust, would secure the necessary town approvals and present the plan to a developer to complete the sale. Thomas Greer of Pinkham and Greer

... read more at: http://www.seacoastonline.com/news/20161206/124-condo-complex-proposed-for-york-village

124-condo complex proposed for York Village – News …

YORK — The family of the late Mary Davis has filed plans with the town to subdivide their 109-acre York Village property into as many as 124 condominium units.

The action comes more than two years after residents of the town voted against spending $5.5 million to purchase the property, which includes woods, fields and vernal pools, abuts Village Elementary School and stretches to Donica Road.

The Planning Board is expected to review a preliminary proposal, or sketch plan, at its Jan. 12 meeting. This first step provides an opportunity for applicants to get a sense from the board of the scope of issues that the project may face.

As proposed, the Mary McIntire Davis Trust, a family trust, would secure the necessary town approvals and present the plan to a developer to complete the sale. Thomas Greer of Pinkham and Greer

... read more at: http://www.seacoastonline.com/article/20161206/NEWS/161209515

Lawsuit casts shadow over Vancouvercenter tower

Top News-Othman Group
Rendering courtesy of The Othman Group

An ongoing international effort to collect an unpaid $62.8 million bill has triggered legal action in Western Washington federal court that has halted long-planned financing and construction of a $17 million fourth tower at Vancouvercenter.

The suit also stopped condominiums sales inside the existing first three phases of the project completed in 2004 in downtown Vancouver.

The legal dispute that began in 2008, has Cerner Corp., a global health care technology company based in Kansas City, Mo., going after assets in several countries owned by Ahmed Saeed Al Badi Al Dhaheri, a citizen of the United Arab Emirates.

Al Dhaheri, through his company, Washington-based Vandevco Ltd., is the owner of the three completed phases of Vancouvercenter, just east of Esther Short Park. He also is sole proprietor of iCapital LLC and Belbadi Enterprises LLC based in

... read more at: http://www.vbjusa.com/news/top-stories/lawsuit-casts-shadow-vancouvercenter-tower/

Today Show Apologizes To Charleston


PROGRAM APOLOGIZES FOR MISLEADING IMAGE …

We never really watched the Today show, but we lost all respect for the program during the 2016 election when its coverage went completely in the tank for Democratic presidential nominee Hillary Clinton.

This week the show crossed another line …

In the aftermath of a mistrial being declared in the case of Michael Slager (the white North Charleston, S.C. police officer who fatally shot a 50-year-old black man named Walter Scott in the back following a routine traffic stop), the show ran this image with its coverage …

(Click to view)

today-slager

(Via Today)

The problem?  That photo wasn’t taken in Charleston.  It was taken in Baltimore, Maryland during the city’s race riots last spring.  In fact a sign carried by one of the Baltimore protesters appears to have been deliberately photoshopped to conceal this fact.

Yeah … remember that

... read more at: http://www.fitsnews.com/2016/12/08/today-show-apologizes-to-charleston/

Real estate company resolves case

BOSTON — A Haverhill-based real estate company has agreed to pay up to $70,000 to resolve allegations that it failed to accommodate two tenants with disabilities at an Andover apartment complex, Attorney General Maura Healey announced last week.

The consent judgment, entered in Suffolk Superior Court, resolves allegations that Andover Portland Avenue Associates, LLC (Andover Portland) violated state anti-discrimination and consumer protection laws by failing to making reasonable modifications to accommodate tenants with disabilities residing at the “Casco Crossing” apartment complex in Andover. 

The consent judgment also resolves claims that the company initially failed to design and construct the apartment complex to meet accessibility standards required by law.

“People with disabilities regularly face barriers to housing choice and opportunity,” said Healey. “This settlement demonstrates our continued commitment to enforcing our fair housing laws to ensure that property owners and managers work with tenants with disabilities.”

Under Massachusetts law, it is illegal to discriminate on

... read more at: http://www.andovertownsman.com/news/local_news/real-estate-company-resolves-case/article_3a3073d8-d94a-5eab-8868-ed82d1cd540e.html

124-condo complex proposed for York Village

YORK — The family of the late Mary Davis has filed plans with the town to subdivide their 109-acre York Village property into as many as 124 condominium units.

The action comes more than two years after residents of the town voted against spending $5.5 million to purchase the property, which includes woods, fields and vernal pools, abuts Village Elementary School and stretches to Donica Road.

The Planning Board is expected to review a preliminary proposal, or sketch plan, at its Jan. 12 meeting. This first step provides an opportunity for applicants to get a sense from the board of the scope of issues that the project may face.

As proposed, the Mary McIntire Davis Trust, a family trust, would secure the necessary town approvals and present the plan to a developer to complete the sale. Thomas Greer of Pinkham and Greer

... read more at: http://www.seacoastonline.com/news/20161206/124-condo-complex-proposed-for-york-village

City of Portland prepares to put prime Bayside land on the market …

Four acres of land with significant development potential near Portland’s downtown could be available for sale by the end of the year, according to the city’s economic development director.

Greg Mitchell said city officials will likely choose a real estate broker in the coming weeks for land used by the city’s Public Works Department in Bayside, launching a process that could alter the course of one of Portland’s long-struggling neighborhoods. The only restrictions placed on the sale would be the current zoning, Mitchell said, and the city is open to selling all of the land to one buyer, or selling it by the parcel.


photo-storephoto-store

Given the property’s location and zoning, which permits a wide range of uses, Mitchell expects that some sort of mixed-use development – including residential, office, retail and possibly a fitness center – could

... read more at: http://www.pressherald.com/2016/11/14/city-of-portland-prepares-to-put-prime-bayside-land-on-the-market/