Housing
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HousingWorks RI relocates to downtown
Roger Williams University is allowing the affordable housing coalition, HousingWorks RI, to relocate to its downtown campus, HousingWorks announced late last week. more
Providence area foreclosures drop, delinquencies rise in May
The foreclosure rate in the Providence-Fall River-New Bedford area fell .2 percentage points in May compared with the same period last year, CoreLogic said Wednesday. more
Providence metro ranked 6th best place to buy foreclosed property
The Providence-Fall River-New Bedford area is the sixth best place in the country to buy foreclosed property, behind Boston and Springfield, Mass. and one spot ahead of Worcester, Mass., RealtyTrac said Thursday. more
R.I. foreclosure rate drops slightly in June
The foreclosure rate in Rhode Island dropped 0.5 percentage points in June compared to the same period in 2011, CoreLogic said Tuesday. more
U.S. mortgage closing costs decline 7.4% as lenders compete
Mortgage closing costs in the U.S. declined in the past year as lenders competed to attract qualified borrowers, Bankrate Inc. said. more
Mass. law looks to fight foreclosures
BOSTON – A new Massachusetts law signed by Gov. Deval L. Patrick this month will expand consumer protections against foreclosure. more
8/13/12
Next generation of homebuyers emerges
Melissa A. Sepe is a Realtor for Westcott Properties in Providence. At 28, she’s also in the market for a home herself. Being a Realtor, she understands the process, though that doesn’t necessarily make it any easier to navigate. more
Decline in housing inventory drives prices
Though many home shoppers who assume they are still in a buyer’s market find it hard to believe, one of the sobering fundamentals shaping real estate this summer is shrinking inventory: The supply of houses for sale is down significantly in most areas compared with a year ago, sometimes dramatically so. And that is having important side impacts – raising prices and homeowners’ equity stakes, and reducing total sales. more
8/13/12
Newport estate sells for $8.5M
A 4.36-acre waterfront Newport estate with view of Jamestown and Narragansett Bay has sold for $8.5 million, Lila Delman Real Estate announced Monday. more
Providence-area home prices fall 1.7% in June
Single-family home prices in the Providence-New Bedford-Fall River area dropped 1.7 percent in June compared with the same period in 2011, according to CoreLogic’s Home Price Index. more
| 8/7/12
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