Housing
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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
Foreclosure filings drop in 4Q, ’12
A new report from HousingWorks RI showed that 11.2 percent fewer residential foreclosure deeds were filed in Rhode Island during the fourth quarter of 2012 compared with the fourth quarter of 2011 and 36 percent fewer compared with the fourth quarter of 2009. more
| 3/14/13
Report: R.I. housing costs outpace incomes
The standard cost of a two-bedroom apartment in Rhode Island is out-of-reach for many of the state’s low income families, according to a new report from the National Low Income Housing Coalition. more
| 3/11/13
Ribbon cutting debuts 83 new homes in Providence’s West End
Gov. Lincoln D. Chafee and U.S. Sens. Jack Reed and Sheldon Whitehouse joined Omni Development Corp., WinnDevelopment and Rhode Island Housing on Monday to celebrate the opening of 83 new or completely rebuilt rental homes in Providence’s West End. more
| 3/11/13
Household wealth in U.S. rises by $1.17 trillion
Household wealth in the U.S. climbed in the fourth quarter, propelled by a gain in home prices that is helping repair family finances. more
Corvias opens N.C. headquarters for student housing segment
The Corvias Group has opened a new headquarters in Cary, N.C., for its student housing division Corvias Campus Living, the company announced Tuesday. more
| 3/5/13
Report: Home ownership ‘out of reach’ for many R.I. Latinos
Home ownership is out of reach for the average Latino household in Rhode Island, according to data from the Latino Policy Institute at Roger Williams University and HousingWorks RI. more
| 2/27/13
Pending sales of U.S. existing homes rise more than forecast
Contracts to purchase previously owned U.S. homes climbed more than forecast in January, a sign the industry will keep strengthening this year. more
Regional consumer prices continue to rise in January
The Consumer Price Index in the Northeast rose 1.8 percent over the last 12 months to 247.23 in January, according to a report from the U.S. Bureau of Labor Statistics. more
| 2/21/13
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