Real Estate
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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
U.S. mortgage closing costs decline 7.4% as lenders compete
Mortgage closing costs in the U.S. declined in the past year as lenders competed to attract qualified borrowers, Bankrate Inc. said. more
Construction jobs down in Providence metro
Construction employment declined in 162 out of 337 metro areas, including the Providence-Fall River-Warwick and the New Bedford metro areas, from June 2011 and June 2012, according to a report from the Associated General contractors of America. more
| 8/2/12
Pawtucket awards $100k for Blackstone River Corridor redevelopment
The city of Pawtucket awarded a $100,000 contract to redevelop the Blackstone River Corridor as part of a joint project between the cities of Pawtucket and Central Falls to revitalize the riverfront. more
R.I. foreclosure rate drops slightly in June
The foreclosure rate in Rhode Island dropped 0.5 percentage points in June compared to the same period in 2011, CoreLogic said Tuesday. more
Transportation plan needed for I-195 land
The former Interstate-195 lands need a transportation plan as only seven of the 23 parcels slated for redevelopment there can accommodate a building with sufficient on-site parking, a consultant told the I-195 District Commission Monday. more
Tanyard Brook project breaks ground
The Tanyard Brook culvert project officially broke ground Monday at the Wood Street project site. more
DEM announces deadline for boating infrastructure grants
The R.I. Department of Environmental Management will accept proposals for federal boating infrastructure grants until Friday, Aug. 31, the state agency announced Monday. more
| 7/30/12
Vacancies decline in premium office space in first half of 2012
Downtown Providence office vacancies declined in the first half of 2012, leading to higher asking rents, but impending vacancies in large Class B buildings cast some uncertainty over the market, CB Richard Ellis New England said in its mid-year report. more
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