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
Some positive trends in the real estate market
With all the depressing reports about the “fiscal cliff” and potential rollbacks in tax benefits for homeowners, you might have missed some of the positive trends under way for real estate. more
1/14/13
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
Westport trust gets $85K for Noquochoke land
BOSTON – The Westport Land Conservation Trust last month received an $85,000 grant to protect 32.5 acres of land tied to Noquochoke River Conservation Project. more
1/7/13
FHA looks to tighten up on reverse mortgages
You’ve probably seen the reverse-mortgage pitchmen at work on your TV screen – former Sen. Fred Thompson and actors Robert Wagner and Henry “Fonzie” Winkler prominent among them – urging seniors to pull cash out of their homes through a loan program guaranteed by the federal government. more
1/7/13
High-end R.I. homes on shoppers’ holiday lists
The end of 2012 was hectic for David Godden, director of “distinctive home” sales at Randall Realtors in Westerly, and traffic at the shopping malls wasn’t the issue. more

By Patrick Anderson
PBN Staff Writer | 1/7/13

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