Housing
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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
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
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
When ‘coming home’ creates legal dilemmas
Someone once said that, “Home is the place that you go where they have to take you in.” more
Guest Column:
Frank A. Lombardi | 10/22/12
Home starts jump to four-year high as demand firms
Housing starts in the U.S. surged 15 percent in September to the highest level in four years, adding to signs of a revival in the industry at the heart of the financial crisis. more
Bloomberg News | 10/22/12
Second mortgages making a rebound
If you have a pressing need to raise some cash, here’s some good news: Rising home values are encouraging lenders to revive a product that imploded during the housing bust years – second mortgages. more
10/22/12
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
Lame-duck Congress a concern for owners
Though the news spotlight has been on the presidential debates and the Nov. 6 elections, a more pressing personal issue for large numbers of homeowners across the country involves the lame-duck congressional session scheduled to begin Nov. 13. more
10/15/12
Housing advocates say $25M bond will boost economy
Government debt has taken a beating on the campaign trail this election season, but supporters of a $25 million state housing bond up for voter approval in November say it’s actually a great time for Rhode Island to borrow money. more

By Patrick Anderson
PBN Staff Writer | 10/15/12

Commercial real estate database to be searchable online
Anyone who’s bought or sold a house recently is probably familiar with the Multiple Listing Service in their state, the database where sales and properties for sale, are listed. But for those interested in commercial real estate – potential buyers, sellers, brokers, bankers and insurers – the residential-based system has never quite fit. more

By Patrick Anderson
PBN Staff Writer | 10/15/12

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