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Gov. Lincoln D. Chafee and U.S. Sens. Jack Reed and Sheldon Whitehouse joined Omni Development Corp., WinnDevelopment and Rhode Island Housing on Monday to celebrate the opening of 83 new or completely rebuilt rental homes in Providence’s West End.
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By PBN Staff
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Construction hiring surged in February by the most in almost six years, highlighting the benefits to the U.S. economy from a revitalized housing market.
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Bloomberg News
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3/18/13
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The traditional wood clapboards, wrap-around front porches and narrow, peaked roofs in the proposed Palmer Pointe affordable-housing project in Barrington haven’t eased neighborhood concerns about the development.
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By Patrick Anderson |
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Could rental houses owned and managed by deep-pocketed hedge funds and big investors be the post-bust steppingstones to homeownership for huge numbers of renters?
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3/18/13
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Home equity is back! And it’s growing fast: According to the latest data from the Federal Reserve, Americans’ net equity holdings in their houses jumped by nearly half a trillion dollars during the last three months of 2012, and have increased by $1.7 trillion since the spring of 2011.
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3/25/13
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When the federal government repossessed the Medina Village apartments off Cranston Street in Providence’s West End in 2010, there was a real possibility the 22 vacant and decaying buildings in the complex would be abandoned.
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By Patrick Anderson |
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Overall mortgage activity reached a five-year high in Massachusetts in 2012, with refinance mortgages dominating 83 percent of the market share, according to new data from The Warren Group’s Mortgage MarketShare Module.
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By Alex Kowalski |
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Americans signed fewer contracts to buy previously owned homes in February, indicating a pause in momentum for an industry that is helping power the economy.
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Bloomberg News
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4/1/13
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BOSTON – Attorney General Martha Coakley and New York Attorney General Eric Schneiderman have called for a new permanent leader to replace Edward DeMarco as director of the Federal Housing Finance Agency.
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4/1/13
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When it comes to energy efficiency and green features in homes, there’s a large disconnect in the marketplace among consumers, real estate appraisers and the nation’s realty sales system.
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4/1/13
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