Housing
121 results total, viewing 61 - 70
The biggest story in American real estate in 2013 hasn’t gotten the attention it deserves, so let’s shout this out: Homeowners’ net equity holdings soared by $2.2 trillion between the third quarter of 2012 and the third quarter of this year, according to new data collected by the Federal Reserve. more
The Consumer Price Index in the Northeast remained largely unchanged during the 12 months ended in February, according to a report released Tuesday by the U.S. Bureau of Labor Statistics. more
The verdict was nearly unanimous at a recent hearing on Capitol Hill: The new federal “ability to repay” and “qualified mortgage” regulations that took effect Jan. 10 will make obtaining credit tougher, not easier, this year, and potentially force large numbers of credit-worthy homebuyers to defer or cancel their plans. more
The U.S. Department of Housing and Urban Development on Wednesday awarded nearly $1.8 billion to improve and preserve public housing in all 50 states including Rhode Island, which received $12.6 million. more
The 155 Rhode Island properties listed on Fannie Mae’s Homepath website late last month offer an advantage for buyers planning to occupy their homes, as well as for nonprofits and public entities, such as land trusts: They have 20 days for a “First Look” to make an offer before the property goes on the open market and is available to investors. more
Haven’t we seen this movie before? On Capitol Hill for the second year in a row, key federal tax assistance for homeowners is heading for expiration within weeks. And there’s no sign that Congress plans – or has the minimal political will – to do anything about it. more
Do you feel that hint of a chill starting to swirl through the housing market? The cooling is slight but it’s for real. Home prices are not rising as fast in most metropolitan areas as they did earlier this year and much of 2012. Multiple bid competitions – fierce in many places this spring and late last year – aren’t as intense. Inventories of homes for sale have increased this summer, reversing near droughts of listings that helped fuel higher prices. more
Could the real estate market be heading for a new – and as yet little publicized – financial storm? Maybe. more
Federal agencies weren’t functioning much of October, but six of them are looking at a proposal that could squeeze huge numbers of buyers out of the mortgage market: a mandatory 30 percent down payment for borrowers who seek the best rates and terms. more
PROVIDENCE – A New York-based law firm will be banned from doing business in Rhode Island as mortgage foreclosure consultants, Attorney General Peter F. Kilmartin announced. more
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