Housing
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R.I. home sales rise, prices fall in September
Sales of Rhode Island single-family homes rose 8 percent in September compared with the same period last year, the 15th consecutive month of increased year-over year sales, the Rhode Island Association of Realtors said Wednesday. more
Sales of U.S. existing homes decrease on lack of supply
Sales of U.S. existing homes unexpectedly dropped in December as the lowest supply in more than a decade cut into the industry’s best year since 2007. more
Rolling Greens model for future development?
If planners and architects had their way, when people start building large residential projects again they would look something like the Preserve at Rolling Greens retirement community proposed for Route 102 in North Kingstown. more

By Patrick Anderson
PBN Staff Writer | 12/3/12

Home sales surge 20% in Bristol County, Mass.
Single-family home sales in Bristol County, Mass., rose 20 percent, and the median sale price increased 7 percent in August compared with the same period last year, The Warren Group said Thursday. more
Foreclosures plunge in Providence area in September
Lenders in September completed less than half the number of foreclosures in the Providence-Fall River-New Bedford area as they did during the same period last year and initiated 38 fewer new foreclosures, RealtyTrac said Friday. more
Historic tax credits can stabilize commercial tax bases
Rep. Jeremiah T. O’Grady’s career change from human resources to real estate, eventually becoming a project manager for Olneyville Housing Corp., put him in a unique position to watch the havoc caused by the collapse of the housing bubble. Elected to the General Assembly in 2010, the Lincoln Democrat is now trying to reverse some of the damage caused by the downturn through smart growth priorities such as the restoration of historic tax credits and transportation-funding reform. For his efforts on Smith Hill, O’Grady was a co-recipient of GrowSmart Rhode Island’s 2012 Outstanding Leadership Award. more
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
Home sales dip, condo sales rise in Bristol County, Mass. in Sept.
Single-family home sales in Bristol County, Mass. dropped 1 percent in September compared with the same period last year, The Warren Group said Thursday. more
Housing starts in U.S. fall as permits reach 4-year high
New-home construction in the U.S. fell in July, while the number of building permits jumped to the highest level in four years, indicating the industry will keep improving in the second half of the year. 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
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