Real Estate
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Foreclosure rate drops slightly in Providence metro
The foreclosure rate in the Providence-Fall River-New Bedford area fell 0.31 percentage points in April compared with the same period last year, CoreLogic said Tuesday. more
EDC approves bonds for I-195 land, dredging project
The R.I. Economic Development Corporation Monday night approved issuing bonds to buy the former Interstate 195 land in Providence and dredge the channel leading to the Port of Davisville in North Kingstown. more
Thayer Street apartment project redesigned
Union Studio architects have redesigned Gilbane Development Co.’s proposed 102-unit luxury student apartment building on Thayer Street in response to neighborhood complaints that the original plan was “massive” and “monotonous.” more
Taco opens Innovation & Development Center
With applause and appreciation to those who worked on its expansion, Taco Inc., of Cranston, dedicated and opened its new Innovation & Development Center on Thursday. more
U.S. mortgage rates fall with 30-year at a record low 3.66%
U.S. mortgage rates for 30-year fixed loans declined to a record low, reducing borrowing costs amid an uneven recovery in the housing market. more
Foreclosure starts surge 119% in Bristol County, Mass.
Bristol County, Mass. foreclosure starts surged 119 percent in May compared with the same period last year as lenders across the state initiated a wave of new petitions on struggling borrowers, The Warren Group said Thursday. more
May single-family home sales up year-over-year
Rhode Island single-family home sales rose 15 percent in May compared with the same period last year, the Rhode Island Association of Realtors said Thursday. more
OSHA slaps Pawtucket River Bridge contractor with $60,900 in fines
The U.S. Department of Labor’s Occupational Safety and Health Administration has proposed $60,900 in fines against S&R/Pihl, a joint venture LLC, for fall hazards and inadequate safety procedures at the Pawtucket River Bridge construction site. more
| 6/20/12
Construction jobs lost across R.I., U.S.
Rhode Island showed the third steepest decline in construction jobs for May, a month during which more states lost such jobs since June 2011, according to an Associated General Contractors of America analysis of Labor Department data released Friday. more
Foreclosure filings fall in Providence metro
Lenders initiated 32 percent fewer foreclosure filings in the Providence-Fall River–New Bedford area in May than they did during the same period 2011, RealtyTrac said Thursday. more
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