Housing
118 results total, viewing 71 - 80
Homeowners who can’t help checking their address on Internet property value trackers like Zillow’s “zestimate” likely weren’t happy with Stan Humphries, the real estate website’s chief economist, when house prices were plunging in recent years. An architect of the algorithm behind the “zestimate,” Humphries is probably more popular now that home prices on Zillow are rising again. 2013 was a very strong year for real estate across the country and even in the economically challenged Providence area, where Humphries was in town recently to network with local real estate agents who use or are looking at using Zillow’s data platform. more
The U.S. economy barely grew in the first quarter as harsh winter weather chilled investment and exports dropped. The expansion stalled even as consumer spending on services rose by the most in 14 years. more
The homeownership rate in the U.S. declined to the lowest in almost 19 years as rising property prices and mortgage rates held back demand. more
The first of six planned RhodeMap RI open house events will be held Monday at the Southside Cultural Center to offer Rhode Islanders an opportunity to learn about policies and strategies proposed under the initiative and to provide feedback. more
Federal Reserve Bank of Philadelphia President Charles Plosser said the strongest U.S. economy in years, buoyed by a solid housing market, may push the jobless rate below 6 percent by year-end. more
Orders for durable goods unexpectedly climbed for a third month in April, a sign U.S. factories will help the world’s biggest economy strengthen. more
The Northeast regional Consumer Price Index rose 1.9 percent on a nonseasonally adjusted basis during the 12 months ended in June, a somewhat less significant increase than the 2.1 percent jump in consumer prices nationally, according to a report from the U.S. Bureau of Labor Statistics. more
Rhode Island Housing on Tuesday announced the launch of the agency’s FirstHomes Tax Credit program designed to help first-time homebuyers save as much as $2,000 annually on mortgage costs. more
Confidence among U.S. consumers soared in July to the highest level in almost seven years as Americans grew more upbeat about the labor market and the outlook for the economy. more
The homeownership rate in the U.S. fell to a 19-year low as rising prices and tight credit kept many first-time buyers out of the property market. more
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