Real Estate
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Homes sales in R.I. climb again in July
Rhode Island single-family home sales climbed 22 percent in July compared with the same period last year, the 13th consecutive month of year-over-year sales gains. more
East Side properties sell for $5M
Walter L. Bronhard Real Estate has purchased five buildings on the East Side of Providence, most in the historic Benefit Street corridor, for just under $5 million. more
Washington releases $864K in unused infrastructure funds to R.I.
The Obama Administration has released $473 million in unused federal infrastructure earmarks for states to use on new projects, including $864,000 in Rhode Island. more
Housing starts in U.S. fall as permits reach 4-year high
New-home construction in the U.S. fell in July, while the number of building permits jumped to the highest level in four years, indicating the industry will keep improving in the second half of the year. more
100-year-old Caboose heads to auction
One of Rhode Island’s last original cabooses, part of the original Narragansett Train Station, is to go to auction on Saturday, Aug. 18. more
Mortgage delinquencies in U.S. rise for first time in year
The U.S. mortgage delinquency rate increased for the first time in a year as slowing economic growth left more borrowers struggling to pay their bills. more
Commercial real estate shows ‘signs of improvement’ in 2012
Commercial real estate sales and leasing showed “multiple signs of improvement” in the first half of 2012 compared with the same period of last year, but prices remain stagnant, Capstone Properties said in its midyear survey. more
Providence area foreclosure filings plunge 30%
Foreclosure filings in the Providence-Fall River-New Bedford area plunged 30 percent in July compared with the same period in 2011 and new foreclosure starts fell 26 percent, RealtyTrac said Thursday. 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
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
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