Housing
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JWU signs 10-year lease on Capitol Center condos
Johnson & Wales University has signed a new 10-year lease for One Park Row West, the former Capitol Cove condominium complex on the banks of the Moshassuck River the school has used as a student dormitory since 2009. more
Looking for an alternative to credit scores?
Do you ever get the feeling that your credit score doesn’t adequately portray your true risk as an applicant for a home mortgage? more
9/3/12
Sales of foreclosed homes in Providence area drop in 2Q
Sales of previously foreclosed homes in the Providence-Fall River-New Bedford area dropped 22 percent in the second quarter compared with the same period last year, RealtyTrac said Thursday. more
Home sales rise 5% in Bristol County, Mass.
Single-family home sales in Bristol County, Mass. rose 5 percent in July compared with the same period last year while prices remained flat, The Warren Group said Wednesday. more
R.I. foreclosure rate falls 0.3 percentage points in July
The foreclosure rate in Rhode Island fell 0.3 percentage points in July compared with the same period in 2011, CoreLogic said Tuesday. more
| 8/28/12
First half of 2012 brought more home sales, lower prices
The real estate market in the first half of this year showed a rise in sales and a decrease in median price from the same six-month period in 2011. more
Distressed home sales hit snag
As lenders across the country struggle to sort out confused, sloppy or abusive foreclosure practices, a 2-year-old state mortgage-counseling law in Rhode Island has turned into a stumbling block for many banks trying to move distressed properties off their books. more
Abandoned Woonsocket building will be housing
WOONSOCKET – A deserted building will be turned into nine one-bedroom homes for disabled and formerly homeless men as part of a project that also aims to revitalize the neighborhood, The Associated Press reported. more
8/27/12
Mortgage delinquencies rise in Providence area, drop in R.I.
The share of homeowners falling behind on their mortgage in the Providence-Fall River-New Bedford area rose .03 percentage points in June compared with the same period last year, but fell .06 percentage points in Rhode Island, Corelogic said Thursday. more
Report: 29.4% of Providence area homes ‘underwater’
In the second quarter, 29.4 percent of all homes in the Providence-Fall River-New Bedford area were worth less than the outstanding balance on their mortgage, down .01 percentage point from the first quarter, Zillow said Thursday. more
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