Housing
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E. Prov. condo case a reminder that developers must be timely
To the Editor: I am writing this letter in response to an article by Patrick Anderson that ran in Providence Business News recently (“Twenty years on, court ruling changes condo law,” Sept. 10, 2012). more
10/1/12
Home sales rise again in August
Sales of single-family homes in Rhode Island rose 13 percent in August compared with the same period last year, the 14th consecutive month of increased year-over-year sales volume. more
Foreclosure settlement funds available in Mass.
BOSTON – Claim forms are being sent to Massachusetts residents who lost their homes to foreclosure and who may be eligible for payment under the $25 billion national mortgage settlement, Attorney General Martha Coakley announced last week. more
10/8/12
Mass. sees drop in completed foreclosures
BOSTON – Massachusetts saw 566 completed foreclosures in August, the lowest monthly level to date in 2012, The Warren Group said last week. more
10/8/12
Fed’s Dudley says housing is key obstacle to economic growth
Federal Reserve Bank of New York President William C. Dudley said weakness in the housing market is one of the main forces creating a “disappointing” economic recovery. more
Underwriting standards still remain stiff
With 30-year mortgage rates hitting new lows and recent borrowers’ payment performance the best by far in decades, you’d think that banks and other lenders might be loosening up on their hyper-strict underwriting standards. more
10/8/12
Housing advocates say $25M bond will boost economy
Government debt has taken a beating on the campaign trail this election season, but supporters of a $25 million state housing bond up for voter approval in November say it’s actually a great time for Rhode Island to borrow money. more

By Patrick Anderson
PBN Staff Writer | 10/15/12

Commercial real estate database to be searchable online
Anyone who’s bought or sold a house recently is probably familiar with the Multiple Listing Service in their state, the database where sales and properties for sale, are listed. But for those interested in commercial real estate – potential buyers, sellers, brokers, bankers and insurers – the residential-based system has never quite fit. more

By Patrick Anderson
PBN Staff Writer | 10/15/12

When ‘coming home’ creates legal dilemmas
Someone once said that, “Home is the place that you go where they have to take you in.” more
Guest Column:
Frank A. Lombardi | 10/22/12
Home starts jump to four-year high as demand firms
Housing starts in the U.S. surged 15 percent in September to the highest level in four years, adding to signs of a revival in the industry at the heart of the financial crisis. more
Bloomberg News | 10/22/12
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