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Articles on North Shore Real Estate

The latest information about the association, our brokerage community, and the real estate industry.

advocacy News
Housing in Ipswich Public Forum

Ipswich is having its first Public Forum on Monday, March 23rd as the town begins the process of updating its Housing Production Plan.
advocacy News
New Research on Coastal Flooding & Home Values

Data scientists found that increased tidal flooding caused by sea level rise has eroded $403.1 million in relative home values between 2005 and 2017.
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Salem Opportunity Zones Get National Spotlight

Salem has announced its participation in the new National Opportunity Zones Marketplace.
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ADU Discussion Moves to Public Hearing in Salem

On February 13th, the Salem City Council renewed discussion on by-right Accessory Dwelling Units (ADU) with a new 2020 ADU Ordinance.
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Peabody Voices Opposition to 40B Development

Neighbors and city officials have voiced their opposition to a proposed development of 133 condos at the site of the former J.B. Thomas Hospital site.
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Salem Returns to ADU Discussion

Tonight, the Salem City Council has on their agenda the new Accessory Dwelling Unit (ADU) Ordinance.
advocacy News
Moving Away from Debt-to-Income

CFPB has decided to propose an amendment to the Qualified Mortgage (QM) Rule that would move away from debt-to-income ratios in mortgage underwriting.

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Danvers Votes for Rezoning

On Monday night at a Special Town Meeting, Danvers voted to rezone the Downtown Corridor.

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Danvers Downtown Corridor Special Town Meeting

Danvers will hold a Special Town Meeting today starting at 7:30pm in the Danvers High School auditorium.
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Essex Considers Mixed-Use Downtown

The Essex Planning Board is preparing a new zoning bylaw to create a mixed-use zoning district downtown.
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Housing Lynn

This week, the first Housing Lynn public forum was held.
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Inclusionary Zoning for Salem

Salem’s Affordable Housing Trust has forwarded an Inclusionary Zoning Ordnance for comment.
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Stand Together and Stop New Sales Tax on Real Estate

Attention North Shore REALTORS® and homeowners, the Massachusetts legislature is considering a bill that would allow cities and towns the authority to implement a new sales tax for homes.
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Housing Still the Focus for Salem in 2020

Accessory Dwellings Units (again) and Inclusionary Zoning are on Mayor Driscoll’s housing agenda for 2020.
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Housing Choice Moves Out of Committee

Yesterday, the Housing Committee voted 16-1 to favorably recommend Governor Baker’s Housing Choice Bill out of committee.
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PlanBeverly Makes Master Plan Recommendations

The Master Plan Recommendations have been made available to the public for review and comment.
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Federal Government Spending Bill Includes Wins for REALTORS®

The House of Representatives passed a spending package for fiscal year 2020 that includes serveral issues the National Association of REALTORS® has been lobbying for.
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Property Taxes Rising on the North Shore

Cities have begun announcing the new property tax rates for 2020 and in several local municipalities taxes will be on the rise.
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Property Sales Tax Considered in Boston

Boston City Council is considering a new law that would levy a sales tax of 2% on all property sold within the city limits.
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Lynn City Council Authorizes Hiring of City Planners

Having gone without a planning department for more than two decades, the Lynn City Council has authorized the hiring of a principle planner and associate planner for Lynn.
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MassHousing Expands Down Payment Assistance Program

MassHousing has announced that their Down Payment Assistance Program will be expanding to cover up to $15,000 or 5% of the purchase price.
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Third PlanBeverly Public Workshop

On Thursday December 5th, PlanBeverly will be holding its third Public Workshop.
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Checklist for Condominium FHA Approval

The National Association of REALTORS® has created a checklist for condominium boards to use to streamline the process of gaining FHA approval.
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2020 Conforming Loan Limits

Federal Housing Finance Agency has released the 2020 Conforming Loan Limits.