Real Estate
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R.I. Housing lands $1.5M to aid struggling homeowners
Rhode Island Housing has received a $1.5 million grant from the U.S. Department of Housing and Urban Development to help provide aid to struggling homeowners, announced Attorney General Peter F. Kilmartin. more
| 3/29/13
Mortgage activity rises in tri-state area in 2012
Overall mortgage activity reached a five-year high in Massachusetts in 2012, with refinance mortgages dominating 83 percent of the market share, according to new data from The Warren Group’s Mortgage MarketShare Module. more
Home prices, sales rise in R.I. in February
Rhode Island single-family home prices rose 11 percent in February compared with the same period last year, the Rhode Island Association of Realtors said Thursday. more
Home sales rise, prices fall in Bristol County, Mass., in Feb.
Single-family home sales in Bristol County, Mass. rose 13 percent in February compared with the same period the previous year, The Warren Group said Tuesday. more
Foreclosure rates in Providence metro rise slightly in January
The Providence-Fall River-New Bedford area foreclosure rate rose 0.01 percentage points in January compared with the same period in 2012, CoreLogic said Monday. more
| 3/25/13
Finally, equity is returning for homeowners
Home equity is back! And it’s growing fast: According to the latest data from the Federal Reserve, Americans’ net equity holdings in their houses jumped by nearly half a trillion dollars during the last three months of 2012, and have increased by $1.7 trillion since the spring of 2011. more
3/25/13
Renovations raising hopes in West End
When the federal government repossessed the Medina Village apartments off Cranston Street in Providence’s West End in 2010, there was a real possibility the 22 vacant and decaying buildings in the complex would be abandoned. more

By Patrick Anderson
PBN Staff Writer | 3/25/13

Nonprofit gets $150K to fight foreclosures
PROVIDENCE – Attorney General Peter F. Kilmartin on Wednesday announced a $150,000 grant to the Housing Action Coalition of Rhode Island to help homeowners facing foreclosure. more
| 3/20/13
Negative equity increases in 2012 4Q in Providence metro area
The number of Providence-area homeowners who owe more on their mortgages than their houses are worth increased in the fourth quarter of 2012, Corelogic said Tuesday. more
Housing starts in U.S. climb as building permits pick up
New U.S. home construction rose in February and building permits climbed to the highest level in almost five years, adding to signs of progress in the housing market that’s helping boost the economy. more
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