Updated February 26 at 8:50pm
Real Estate
386 results total, viewing 331 - 340
Homeowners who can’t help checking their address on Internet property value trackers like Zillow’s “zestimate” likely weren’t happy with Stan Humphries, the real estate website’s chief economist, when house prices were plunging in recent years. An architect of the algorithm behind the “zestimate,” Humphries is probably more popular now that home prices on Zillow are rising again. 2013 was a very strong year for real estate across the country and even in the economically challenged Providence area, where Humphries was in town recently to network with local real estate agents who use or are looking at using Zillow’s data platform. more
Coastway Community Bank was recently honored with Rhode Island Housing’s 2013 Participating Lender of the Year Award for providing their customers with more Rhode Island Housing loans than any other participating lender at a statewide breakfast for real estate professionals. more
Renewal of important expired federal tax benefits for homeowners took a major step forward last week, but the route to final congressional approval is beginning to look longer – and potentially bumpier – than previously expected. more
Construction employment in Rhode Island rose six-tenths of a percent in March compared with the same period last year, adding 100 jobs for a total of 16,300 jobs, the Associated General Contractors of America reported Friday. more
Rhode Island’s commercial real estate market saw improvement across all sectors in 2013, but high vacancy rates, shorter lease terms and a dearth of high-bay warehouse properties continue to challenge the market’s recovery. more
With the onset of spring, New England businesses are relying on improved consumer confidence and higher sales to drive economic recovery after a difficult first quarter affected by severe winter weather, according to the Federal Reserve Board’s Beige Book released Wednesday. more
Gains in manufacturing are helping power the U.S. out of the winter doldrums, while homebuilding shows signs of lagging behind. more
Nearly a year ago High Rock Development proposed a mixed, commercial/residential redevelopment of 111 Westminster Street in Providence, using up to $75 million in public support. The latter ranged from state and federal historic rehabilitation tax credits to city property tax breaks and $39 million in direct state subsidies. more
When you’re raking in tens of billions in profits by helping credit-elite borrowers purchase homes, couldn’t you lighten up on fees a little for everyday folks who’d also like to buy? more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com fell in February for the first time since March 2013, dropping four-tenths of a percent to 124.9 from 125.4 in January. more
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