Last Update: Sept 8 @ 7:18 PM
FOCUS: Real Estate
Real estate shows signs of life in R.I.
Lenders report boom in mortgage activity
When Scott Bayha found the listing for a foreclosed duplex at 435 Tiffany St. in Warwick, the seller, U.S. Bank NA, a branch of U.S. Bancorp, had pegged the price at about $119,000. But a few days later, in early October, that price dropped to $108,000 and Bayha, a high school gym teacher looking for a second property as an investment, decided the fixer-upper was worth buying for a few reasons. More »
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