Housing
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Report: Home ownership ‘out of reach’ for many R.I. Latinos
Home ownership is out of reach for the average Latino household in Rhode Island, according to data from the Latino Policy Institute at Roger Williams University and HousingWorks RI. more
| 2/27/13
Pending sales of U.S. existing homes rise more than forecast
Contracts to purchase previously owned U.S. homes climbed more than forecast in January, a sign the industry will keep strengthening this year. more
Negative equity increases in 2012 4Q in Providence metro area
The number of Providence-area homeowners who owe more on their mortgages than their houses are worth increased in the fourth quarter of 2012, Corelogic said Tuesday. more
Housing starts in U.S. climb as building permits pick up
New U.S. home construction rose in February and building permits climbed to the highest level in almost five years, adding to signs of progress in the housing market that’s helping boost the economy. more
Foreclosure rates in Providence metro rise slightly in January
The Providence-Fall River-New Bedford area foreclosure rate rose 0.01 percentage points in January compared with the same period in 2012, CoreLogic said Monday. more
| 3/25/13
Housing crash fades as defaults decline to 2007 level
Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages like the housing crash never happened. more
Providence area vulnerable to $8B in storm surge damage
More than $8 billion worth of property in the Providence-Fall River-New Bedford area is vulnerable to damage from a hurricane-driven storm surge, CoreLogic said Thursday. more
PPS: Old multifamily homes worth preserving
For those who’ve spent their lives in them, Providence’s triple-deckers, Victorians and other multifamily houses might not seem too remarkable, or even desirable. more
FHA preps changes to condominium rules
Thousands of condo-unit owners and buyers around the country could soon be in line for some welcome news on mortgage financing: Though officials are mum on specifics, the Federal Housing Administration is readying changes to its controversial condominium rules that have rendered large numbers of units ineligible for low down-payment, insured mortgages. more
6/4/12
Pending home sales fall by most in year
The number of Americans signing contracts to buy previously owned homes fell in April by the most in a year, indicating the U.S. housing recovery remains uneven. more
Bloomberg News | 6/4/12
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