Housing
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Woonsocket group lands $300K from HUD for housing efforts
The U.S. Department of Housing and Urban Development will award $300,000 to Woonsocket-based NeighborWorks Blackstone River Valley to execute grassroots efforts to revitalize public housing at the Veterans Memorial Housing and transform the Our Neighbor’s Planning District neighborhood. more
| 10/12/12
Foreclosures plunge in Providence area in September
Lenders in September completed less than half the number of foreclosures in the Providence-Fall River-New Bedford area as they did during the same period last year and initiated 38 fewer new foreclosures, RealtyTrac said Friday. more
Housing starts in U.S. surged in September to 4-year high
Housing starts in the U.S. surged 15 percent in September to the highest level in four years, adding to signs the industry at the heart of the financial crisis is on the road to recovery. more
Foreclosure, delinquency rates rise in Providence metro
The Providence-Fall River-New Bedford area foreclosure rate rose 0.04 percentage points in August compared with the same period last year, Corelogic said Thursday. more
R.I. home sales rise, prices fall in September
Sales of Rhode Island single-family homes rose 8 percent in September compared with the same period last year, the 15th consecutive month of increased year-over year sales, the Rhode Island Association of Realtors said Wednesday. more
Sales of new U.S. homes rose to 2-year high in September
Purchases of new U.S. homes rose in September to the highest level in more than two years as the industry that helped bring on the recession forged its way toward recovery. more
Home sales dip, condo sales rise in Bristol County, Mass. in Sept.
Single-family home sales in Bristol County, Mass. dropped 1 percent in September compared with the same period last year, The Warren Group said Thursday. more
REITs are part of most portfolios
Do you have a REIT in your portfolio? more

By Rebecca Keister
PBN Staff Writer | 11/12/12

The stakes related to mortgage deductions
Limiting the homeowner mortgage-interest deduction came up in two of the presidential debates, but specifics about who would be affected and how much they might lose in tax benefits were minimal. To put some rough numbers on the issue, here’s a quick primer on the mortgage-interest deduction and related housing write-offs. more
11/12/12
Three-deckers find footing in past
Three-deckers, New England’s signature apartment buildings, are evolving again. more

By Patrick Anderson
PBN Staff Writer | 11/12/12

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