Housing
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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
Health care and housing – a taxing issue
When the Supreme Court upheld the health care-reform law on federal tax grounds, it restoked a housing issue that had been relatively quiet for the past year: The alleged 3.8 percent “real estate tax” on home sales beginning in 2013 that is buried away in the legislation. more
7/23/12
Military housing went from job to vocation after 9/11
John Picerne was raised on the real estate business in the third-generation Picerne Real Estate Group. But the further he went in the family business, the less comfortable he became with the boom-and-bust cycles of residential housing. Craving a more stable slice of the market, Picerne ventured into military housing, particularly building apartments on Army bases, and broke off the independent Picerne Military Housing in 2005. more
R.I. foreclosure rate falls 0.3 percentage points in July
The foreclosure rate in Rhode Island fell 0.3 percentage points in July compared with the same period in 2011, CoreLogic said Tuesday. more
| 8/28/12
R.I. home sales on ‘path to recovery’
Rhode Island single-family home sales rose 17 percent in June compared with the same period last year, the 12th consecutive month of increased volume. more
Warren Group admits error in Sept. Mass. foreclosure data
The Warren Group has revised its September Massachusetts foreclosure start figures, acknowledging that the totals it initially released were incomplete. more
| 11/12/12
R.I. home prices fall 4.6% in April
Single-family home prices in the Providence-New Bedford-Fall River area dropped 4.6 percent in April compared with the same period in 2011, according to CoreLogic’s Home Price Index. more
Providence area foreclosures drop, delinquencies rise in May
The foreclosure rate in the Providence-Fall River-New Bedford area fell .2 percentage points in May compared with the same period last year, CoreLogic said Wednesday. more
Appetite growing for jumbo loans
Bargain hunters may still rule the market, but high-end real estate is gaining momentum, and many lenders are looking to take advantage. more

By Patrick Anderson
PBN Staff Writer | 10/1/12

Derek Lombard
Age: 38 more
7/23/12
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