Real Estate
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Property owner faces $421,900 EPA fine
Private Reserve Properties LLC, a Providence company, faces an Environmental Protection Agency penalty of up to $421,900 for what the agency says are repeated violations of federal lead-based paint disclosure laws and regulations. more
| 7/20/12
Westminster Street parking lot opens
The empty lot created by the demolition of the former Providence National Bank in the Financial District in anticipation of a condominium tower that never materialized has opened as a parking lot. more
| 7/6/12
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
Newport estate sells for $8.5M
A 4.36-acre waterfront Newport estate with view of Jamestown and Narragansett Bay has sold for $8.5 million, Lila Delman Real Estate announced Monday. more
Housing market recovery helping bolster U.S. expansion
Sales of previously owned homes and work on single-family projects climbed in August to the highest levels in two years, signaling the residential real-estate market is contributing to U.S. economic recovery. more
Twenty years on, court ruling changes condo law
Two decades after Rhode Island was rocked by the 1990s credit union crisis, lingering complications of the Depositors Economic Protection Corp. era are still being unraveled in unpredictable areas, such as condominium development. more
Foreclosures in metro drop in August
Lenders initiated 31 percent fewer foreclosures on Providence metropolitan-area homes during August than they did during the same period last year, RealtyTrac said Thursday. more
Cities help artists find right fit
Picture this: You’re a Providence-area artist – like ceramicist Anna Rae Fleischer – seeking studio space to rent near your neighborhood. Or maybe you’re a developer looking to open a studio or gallery where others could make and display their work. more
Properties in Providence metro susceptible to storm surge damage
More than 6,500 properties in the Providence-Fall River-New Bedford metro area are at risk of storm surge damage from Hurricane Sandy, according to a report from real estate data firm CoreLogic. more
| 10/29/12
Short-sale rule changes drive sales
More than four years after the foreclosure crisis familiarized Americans with short sales – selling properties for less than the outstanding balances on their mortgages – the barriers to completing them are slowly coming down. more

By Patrick Anderson
PBN Staff Writer | 9/17/12

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