Updated June 24 at 11:28pm
Real Estate
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Jim Abbott is the manager of the Westerly office for Randall Realtors and its director of agent development. A real estate broker in Rhode Island and Connecticut, he has worked in real estate for 10 years. more
Home prices in the Providence-Warwick metropolitan area rose 5.7 percent over the year in January, and climbed 5.6 percent during the same period in Rhode Island, CoreLogic said this week. more
The Providence metropolitan area ranked 23rd in a list of the 40 largest metros nationwide for its increase in home prices in September compared with September 2014, according to Black Knight Financial Services. more
Capital Properties Inc., which owns a large portion of the Capital Center Special Development District in Providence as well as a petroleum storage facility in East Providence, reported third-quarter net income of $576,000, or 8 cents per share, a 28.6 percent increase over the prior-year quarter when the firm reported net income of $448,000, or 7 cents per share. more
Arthur Yatsko has been named the 2016 president of the Rhode Island Association of Realtors, a 4,400-member organization. more
The foreclosure rate among outstanding mortgage loans in the Providence-Warwick metropolitan area was 1.8 percent in August, a .04 percentage point increase compared with August 2014, CoreLogic said Thursday. more
LDRE Properties Providence LLC has received $200,000 in historic- preservation-investment tax credits from the state Division of Taxation for work done on the George & Oliver Earle House at 369 South Main St., the new office of Lila Delman Real Estate International. more
Cash sales of homes fell to 22.5 percent of total sales in September in the Providence-Warwick metropolitan area, according to CoreLogic. more
Jan Lyle Malcolm, a real estate agent since the late 1980s, recently joined Residential Properties Ltd. She previously worked for six years with Coleman Realtors. Her late father, Alexander “Sandy” Lyle, led the Residential Properties Barrington office for nearly 25 years. Lyle Malcolm spoke with the Providence Business News about the practice of real estate. more
Capital Properties Inc. reported a 51.3 percent increase in profit in 2015, to $2.2 million, or 33 cents per share, compared with profit of $1.4 million, or 22 cents per share, in 2014. more
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