Housing
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Mass. law looks to fight foreclosures
BOSTON – A new Massachusetts law signed by Gov. Deval L. Patrick this month will expand consumer protections against foreclosure. more
8/13/12
Next generation of homebuyers emerges
Melissa A. Sepe is a Realtor for Westcott Properties in Providence. At 28, she’s also in the market for a home herself. Being a Realtor, she understands the process, though that doesn’t necessarily make it any easier to navigate. more
Decline in housing inventory drives prices
Though many home shoppers who assume they are still in a buyer’s market find it hard to believe, one of the sobering fundamentals shaping real estate this summer is shrinking inventory: The supply of houses for sale is down significantly in most areas compared with a year ago, sometimes dramatically so. And that is having important side impacts – raising prices and homeowners’ equity stakes, and reducing total sales. more
8/13/12
Hit derelict property owners where it hurts
Despite signs of a real estate recovery, vacant and abandoned properties threaten to keep many capital city neighborhoods hopelessly behind the curve. To understand just how bad the problem is, consider this: A proposed ordinance designed to put some teeth into efforts to clean up such nuisance properties has the public backing of Mayor Angel Taveras and the entire 15-member City Council even before it comes to an expected vote in September! more
8/13/12
Biting back on derelict properties
The boarded up windows and charred siding of 68 Joslin St. have been depressing sights to neighbors in the Olneyville section of Providence since the building was gutted by a fire last September. more
Detecting issues early on
It is easy to strain a back or pinch a nerve by moving heavy boxes. Imagine doing it for a living. more
By Robin Respaut
Contributing Writer | 8/13/12
100-year-old Caboose heads to auction
One of Rhode Island’s last original cabooses, part of the original Narragansett Train Station, is to go to auction on Saturday, Aug. 18. more
Nortek moves into the black in 2Q
Nortek Inc. reported net income of $18.5 million, or $1.19 per diluted share, during the second quarter of 2012, compared with a net loss of $31.9 million, or $2.11 per diluted share a year earlier, the company announced late Thursday. more
| 8/10/12
Providence area foreclosure filings plunge 30%
Foreclosure filings in the Providence-Fall River-New Bedford area plunged 30 percent in July compared with the same period in 2011 and new foreclosure starts fell 26 percent, RealtyTrac said Thursday. more
Providence-area home prices fall 1.7% in June
Single-family home prices in the Providence-New Bedford-Fall River area dropped 1.7 percent in June compared with the same period in 2011, according to CoreLogic’s Home Price Index. more
| 8/7/12
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