Real Estate
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B of A reveals downtown plans
Bank of America will be moving its downtown office workers to 100 Westminster St. and 1 Financial Plaza as it exits 111 Westminster St., its home in Rhode Island since its predecessor built the iconic, 26-story structure in 1928. more
| 9/4/12
JWU signs 10-year lease on Capitol Center condos
Johnson & Wales University has signed a new 10-year lease for One Park Row West, the former Capitol Cove condominium complex on the banks of the Moshassuck River the school has used as a student dormitory since 2009. 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
Home sales rise 5% in Bristol County, Mass.
Single-family home sales in Bristol County, Mass. rose 5 percent in July compared with the same period last year while prices remained flat, The Warren Group said Wednesday. 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
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
Mortgage delinquencies rise in Providence area, drop in R.I.
The share of homeowners falling behind on their mortgage in the Providence-Fall River-New Bedford area rose .03 percentage points in June compared with the same period last year, but fell .06 percentage points in Rhode Island, Corelogic said Thursday. more
Report: 29.4% of Providence area homes ‘underwater’
In the second quarter, 29.4 percent of all homes in the Providence-Fall River-New Bedford area were worth less than the outstanding balance on their mortgage, down .01 percentage point from the first quarter, Zillow said Thursday. more
Fannie Mae tightens mortgage standards for some home buyers
Fannie Mae, the largest source of money for U.S mortgages, told lenders that it’s tightening some of its qualification standards for people buying homes or refinancing loans. more
Homes sales in R.I. climb again in July
Rhode Island single-family home sales climbed 22 percent in July compared with the same period last year, the 13th consecutive month of year-over-year sales gains. more
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