The Northeast regional Consumer Price Index rose 1.8 percent on a nonseasonally adjusted basis during the 12 months ended in July compared with the national consumer price increase of 2 percent, according to a report from the U.S. Bureau of Labor Statistics.
Renewal of important expired federal tax benefits for homeowners took a major step forward last week, but the route to final congressional approval is beginning to look longer – and potentially bumpier – than previously expected.
Homeowners who can’t help checking their address on Internet property value trackers like Zillow’s “zestimate” likely weren’t happy with Stan Humphries, the real estate website’s chief economist, when house prices were plunging in recent years. An architect of the algorithm behind the “zestimate,” Humphries is probably more popular now that home prices on Zillow are rising again. 2013 was a very strong year for real estate across the country and even in the economically challenged Providence area, where Humphries was in town recently to network with local real estate agents who use or are looking at using Zillow’s data platform. more
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