Housing
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Pending home sales fall by most in year
The number of Americans signing contracts to buy previously owned homes fell in April by the most in a year, indicating the U.S. housing recovery remains uneven. more
Bloomberg News | 6/4/12
Improving market could create more ‘pinballs’
In the real estate brokerage field they’re known as “setups” or “pinball” homes, and this spring’s improving conditions in some markets could be stimulating more of them. more
6/25/12
Valuations in 2012: A matter of appreciation
Are some appraisers failing to see the improvements in real estate values under way in local markets that have recently bottomed out and turned positive? When multiple bids push a house price thousands of dollars above what the seller is asking – not unusual in neighborhoods where demand is particularly robust – are appraisers still coming in with values below the agreed-upon contract number? more
7/2/12
Historic tax credits can stabilize commercial tax bases
Rep. Jeremiah T. O’Grady’s career change from human resources to real estate, eventually becoming a project manager for Olneyville Housing Corp., put him in a unique position to watch the havoc caused by the collapse of the housing bubble. Elected to the General Assembly in 2010, the Lincoln Democrat is now trying to reverse some of the damage caused by the downturn through smart growth priorities such as the restoration of historic tax credits and transportation-funding reform. For his efforts on Smith Hill, O’Grady was a co-recipient of GrowSmart Rhode Island’s 2012 Outstanding Leadership Award. more
Arcade ready to again be innovator
Can what’s old really become new again? more
Clarendon Court sells for $13.1M
Clarendon Court, the Cliff Walk mansion and former home of Claus and Sunny von Bulow, has sold for $13.1 million, the highest price in the state this year, listing agent Paul A. Leys of Gustave White Sotheby’s International Realty announced. more
Military housing went from job to vocation after 9/11
John Picerne was raised on the real estate business in the third-generation Picerne Real Estate Group. But the further he went in the family business, the less comfortable he became with the boom-and-bust cycles of residential housing. Craving a more stable slice of the market, Picerne ventured into military housing, particularly building apartments on Army bases, and broke off the independent Picerne Military Housing in 2005. more
Patricia Placencia
Age: 32 more
7/23/12
David Rozen
Age: 39 more
7/23/12
Derek Lombard
Age: 38 more
7/23/12
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