Real Estate
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CBRE: R.I. to see continued investor interest, activity in 2013
Activity in the Rhode Island commercial real estate market should continue to rise in 2013, with rents stable and landlord concessions diminishing, CB Richard Ellis-New England executives said in their annual market overview Thursday morning. more
Underwater mortgages in metro area drop to 21% in 3Q
In the third quarter of 2012, 21 percent of the residential properties with a mortgage in the Providence-New Bedford-Fall River area were underwater, CoreLogic said Thursday. more
| 1/17/13
Homebuilder confidence in U.S. held in January at 6-year high
Confidence among U.S. homebuilders held in January at the highest level in more than six years, offering the latest evidence that residential real estate will help spur economic growth. more
Home prices drop in Providence metro in November
Single-family home prices in the Providence-Fall River-New Bedford metro area dropped 0.3 percent in November 2012 compared with the same period in 2011, according to CoreLogic’s Home Price Index. more
I-195 Commission sets schedule for development plan pitches
Two groups interested in building on the former Interstate-195 land will pitch their ideas to the I-195 Redevelopment District Commission this month. more
Residents face Jan. 18 deadline for mortgage claims
Rhode Islanders who lost their primary residence due to an improper foreclosure process between Jan. 1, 2008 and Dec. 31, 2011 face a Jan. 18 deadline to file a claim under the $25 billion National Mortgage Settlement. more
| 1/11/13
R.I. foreclosure inventory rises to 2.9% in November
The foreclosure inventory in Rhode Island rose 0.2 percentage points year over year in November to 2.9 percent, according to CoreLogic. This means that 2.9 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
| 1/3/13
Truesdale Farm, Cedar Point sales set 2012 records
A beachfront farm in Westport and seaside estate in Jamestown have sold for a combined $16.2 million, Gustave White Sotheby’s International Realty announced. more
Foreclosure starts rise, completions fall in Bristol County, Mass. in Nov.
Bristol County, Mass. foreclosure starts rose 6 percent in November while finished foreclosures dropped 35 percent compared with the same period in 2011, The Warren Group said Wednesday more
Procaccianti Group purchases Renaissance Providence
The Procaccianti Group has purchased the 272-guest room Renaissance Providence Hotel from Sage Hospitality, the group announced Thursday. more
| 12/27/12
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