Housing
145 results total, viewing 91 - 100
Why have many of the local housing markets that were hit hardest during the bust – especially in California – bounced back so vigorously and quickly, with prices close to or exceeding where they were in 2005 and 2006? more
You’ve probably seen some of the reports during the past month about home sales and prices. Housing is hot. more
The destruction of home values caused by the Great Recession remains a drag on Rhode Island’s economy. And unfortunately, the actions of U.S. District Court Judge John J. McConnell have kept the state from recovering. more
Call it the estate-devouring, nightmare home loan you hope to never encounter: A reverse mortgage with a base interest rate of 9.95 percent, plus a 50 percent share for the lender of increases in value of the house following closing, plus another 2 percent “maturity fee” to sweeten the payout even more. On top of that, there’s a $33,000 mandatory purchase of an annuity by the homeowner that is added to the principal balance and incurs compounding interest while lessening the lender’s future payments to the homeowner. more
Born and raised along Bungay Lake in Mansfield, Scott Freerksen has a deep appreciation for and understanding of the green benefits and challenges and the emotional attachments that come with lakefront living. more
BOSTON – Attorney General Martha Coakley announced in June that up to $5 million in grants will be awarded to housing organizations throughout the state – including one in Fall River – to promote the rehabilitation of distressed and abandoned properties. more
It’s called “upselling” – steering home-mortgage applicants into higher-cost terms that increase the lender’s profits – and it was rampant during the housing boom years. It worked like this: Rather than putting borrowers into loans at the lowest rates and fees for which they were qualified, loan officers convinced them to sign up for more expensive ones. Loan officers who successfully squeezed more juice, or profit, out of their applicants got extra pay for doing so. more
Sales of previously owned U.S. homes climbed in April to the highest level in more than three years even as the market remained constrained by a lack of inventory and strict borrowing rules. more
Six months ago, Massachusetts landlord Matthew Quirk of Rehoboth listed a Warren duplex apartment with the real estate agent who handles his commercial properties and found it rented quickly. more
Rhode Island saw 1,468 foreclosures for single-family and multifamily homes in 2013, a 10.2 percent decline from 1,634 foreclosures the previous year, affordable homes coalition HousingWorks RI reported Friday. Overall, 22 Rhode Island cities and towns saw foreclosures decline last year, while 12 municipalities and Providence’s East Side saw foreclosures increase and five saw no change. more
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