{"content":[{"text":"REALTORS® Support \n First Time Homebuyer \n Savings Accounts","bbox":{"left":0.106274,"top":0.131167,"width":0.37856100000000004,"height":0.095699}},{"text":"The Massachusetts Association of REALTORS® (MAR), \n a 95-year old professional trade association with \n 25,000 members, supports establishing first time \n homebuyer savings accounts (H.2840/S.1834).","bbox":{"left":0.106489,"top":0.271212,"width":0.42613700000000004,"height":0.07070899999999997}},{"text":"•","bbox":{"left":0.106489,"top":0.365401,"width":0.009019,"height":0.018562000000000023}},{"text":"First Time Homebuyer Challenges: \n o Record High Prices – MA is decades into \n a housing affordability crisis, ranking \n 47th nationally in affordability. \n o Student-Loan Debt – many potential \n first time homebuyers already owe \n record amounts of debt. \n Help Accessing the American Dream: \n o Allows future home buyers or their \n families to deposit up to $5,000/year \n into a savings account and claim it as \n an income tax deduction. \n o Gains are tax exempt. \n o Deduction permitted for up to 15 years \n and $50,000. \n Community Benefits: \n o Home ownership contributes to \n community responsibility; civic, \n economic, business and employment \n stability; family security and well-being. \n o New home buyers average $75,000 in \n related expenditures.","bbox":{"left":0.1359,"top":0.36927,"width":0.37628300000000003,"height":0.405355}},{"text":"•","bbox":{"left":0.106489,"top":0.495704,"width":0.009019,"height":0.018562000000000023}},{"text":"•","bbox":{"left":0.106489,"top":0.644543,"width":0.009019,"height":0.018561999999999967}},{"text":"2021","bbox":{"left":0.11536,"top":0.80019,"width":0.04652099999999999,"height":0.01772700000000005}},{"text":"Massachusetts Association of REALTORS® \n Contact: Justin Davidson \n jdavidson@MARealtor.com","bbox":{"left":0.111386,"top":0.84312,"width":0.394613,"height":0.06727200000000011}}],"images_bbox":[{"left":0.659722,"top":0.829995,"width":0.24616,"height":0.123283}],"images_bbox_not_text_overlap":[{"left":0.659722,"top":0.829995,"width":0.24616,"height":0.123283}]}