Posted in home improvement

SJC: Newton home contractor who is Level 3 sex offender does not have to list clients’ addresses

“The defendant … is not an employee but an independent contractor, and publishing his clients’ addresses as though his clients were his employers would mischaracterize the relationship,” Gants wrote.

The SJC ruling was sought by Francis X. Harding Jr. a self-employed home contractor whom the Sex Offender Registry Board has classified as a Level 3 sex offender, the most likely to reoffend.

According to the SJC, Harding pleaded guilty in 2015 to charges of indecent assault and battery on a child under 14 and possession of child pornography and was sentenced to five years of probation among other sanctions in Fall River District Court.

He was required to register as a sex offender and in the years since has listed his Newton home — where he has a workshop — as both his work and home address with the board, the SJC said.

The self-employed contractor has also regularly shared

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New home sales surge to highest level since before the Great Recession

The numbers: Sales of new single-family homes in August exceeded an annual rate of 1 million for the first time since 2006, as buyers were forced into the market for newly-constructed properties thanks to the dearth of home listings.

New home sales occurred at a seasonally-adjusted, annual rate of 1.011 million, the Census Bureau reported Thursday. That represents a 4.8% increase from an upwardly-revised pace of 965,000 homes in July. Compared with last year, new home sales are up 43%.

Economists polled by MarketWatch had expected home sales to drop to median pace of 900,000.

What happened: Not all parts of the country saw an uptick in sales despite the historically high rate nationally. New home sales fell 21.4% in the Midwest and 1.7% in the West. Comparatively, the South saw the biggest increase in sales with a 13.4% jump, while sales volumes rose by 5% in the Northeast.

The

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Posted in home improvement loans

As Home Sales Reach Highest Level Since 2006, Luxury Sales Boom

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Joe Raedle/Getty Images

The housing market continued to boom in August as existing home sales reached a pace not seen in more than a decade, fueled in part by demand from high-end buyers.

The seasonally adjusted annual rate of existing home sales reached 6 million for the first time since December 2006, the National Association of Realtors, or NAR, said Tuesday morning.

The housing market is demonstrating a “super V-shaped” recovery as home sale activity outperforms pre-pandemic levels, NAR chief economist
Lawrence Yun
said on a Tuesday call with reporters. Existing home sales rose 2.4% from July and 10.5% year-over-year, the trade group reported. Among single-family homes, those that sold for $1 million or more rose 44% compared with last year, more than any other price point.

“Right now, it is a booming market on the upper-end,” Yun said, citing a trend toward homes with more room that

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New home sales surge to highest level since before the Great Recession, as buyers are pushed into the construction market

The numbers: Sales of new single-family homes in August exceeded an annual rate of 1 million for the first time since 2006, as buyers were forced into the market for newly-constructed properties thanks to the dearth of home listings.

New home sales occurred at a seasonally-adjusted, annual rate of 1.011 million, the Census Bureau reported Thursday. That represents a 4.8% increase from an upwardly-revised pace of 965,000 homes in July. Compared with last year, new home sales are up 43%.

Economists polled by MarketWatch had expected home sales to drop to median pace of 900,000.

What happened: Not all parts of the country saw an uptick in sales despite the historically high rate nationally. New home sales fell 21.4% in the Midwest and 1.7%. Comparatively, the South saw the biggest increase in sales with a 13.4%, which sales volumes rose by 5% in the Northeast.

The median sales price in

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Continue Reading New home sales surge to highest level since before the Great Recession, as buyers are pushed into the construction market
Posted in home improvement loans

Existing-Home Sales Hit Highest Level Since December 2006

Existing-home sales continued to climb in August, marking three consecutive months of positive sales gains, according to the National Association of Realtors. Total inventory saw a drop from July to August driven by lumber shortages caused by the California wildfires.

 

Each of the four major regions experienced both month-over-month and year-over-year growth, with the Northeast seeing the greatest improvement from the prior month. Year-over-year prices also saw a dramatic increase.

 

Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 2.4% from July to a seasonally-adjusted annual rate of 6.00 million in August. Sales as a whole rose year-over-year, up 10.5% from a year ago (5.43 million in August 2019).

 

“Home sales continue to amaze, and there are plenty of buyers in the pipeline ready to enter the market,” said Lawrence Yun, the Realtors’ chief economist. “Further gains in sales are likely for the remainder of

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