Housing
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Housing market recovery helping bolster U.S. expansion
Sales of previously owned homes and work on single-family projects climbed in August to the highest levels in two years, signaling the residential real-estate market is contributing to U.S. economic recovery. more
Rumford Center named project of the year
The Northeastern Economic Developers Association has named the Rumford Center as its 2012 Project of the Year. more
| 9/13/12 | 1 comment
Foreclosures in metro drop in August
Lenders initiated 31 percent fewer foreclosures on Providence metropolitan-area homes during August than they did during the same period last year, RealtyTrac said Thursday. more
Underwater mortgages in R.I. drop 2.8% in 2Q
The number of underwater homes in Rhode Island dropped 2.8 percent in the second quarter. There were 51,727 properties in the Ocean State worth less than the outstanding mortgages on them in the April-June period of 2012, according to the Santa Ana, Calif.-based real estate data firm, down from 53,208 in the first three months of the year. more
| 9/12/12
JWU signs 10-year lease on Capitol Center condos
Johnson & Wales University has signed a new 10-year lease for One Park Row West, the former Capitol Cove condominium complex on the banks of the Moshassuck River the school has used as a student dormitory since 2009. more
Sales of foreclosed homes in Providence area drop in 2Q
Sales of previously foreclosed homes in the Providence-Fall River-New Bedford area dropped 22 percent in the second quarter compared with the same period last year, RealtyTrac said Thursday. more
Home sales rise 5% in Bristol County, Mass.
Single-family home sales in Bristol County, Mass. rose 5 percent in July compared with the same period last year while prices remained flat, The Warren Group said Wednesday. more
R.I. foreclosure rate falls 0.3 percentage points in July
The foreclosure rate in Rhode Island fell 0.3 percentage points in July compared with the same period in 2011, CoreLogic said Tuesday. more
| 8/28/12
First half of 2012 brought more home sales, lower prices
The real estate market in the first half of this year showed a rise in sales and a decrease in median price from the same six-month period in 2011. more
Mortgage delinquencies rise in Providence area, drop in R.I.
The share of homeowners falling behind on their mortgage in the Providence-Fall River-New Bedford area rose .03 percentage points in June compared with the same period last year, but fell .06 percentage points in Rhode Island, Corelogic said Thursday. more
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