Real Estate
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Downcity’s future living in the past
Only some of the people moving into a newly renovated historic downtown Providence building this fall will be getting a microloft. more
JWU condo deal a major market sign
In every way but one, Capitol Cove in Providence was finished at the worst possible moment for a condominium complex. more
New policies putting more short sales in play
If you’re underwater and facing financial distress, what might Fannie Mae’s and Freddie Mac’s new short-sale reform policies mean for you? Potentially a lot – even if you are current on your mortgage payments and never imagined that a short sale and principal reduction could be in the cards. more
9/17/12
One Financial Plaza fills up as firms consolidate
Occupancy at Providence’s two most recognizable office towers is heading in opposite directions. more

By Patrick Anderson
PBN Staff Writer | 9/17/12

Charlestown housing project tops off 6-year effort
Since 1993, Richard H. Godfrey has served as the executive director and CEO of Rhode Island Housing, a privately financed, public-interest corporation that provides safe, affordable homes for Rhode Islanders. It is a self-sustaining public agency, which generates its own operating income, without state funding. more

By Michael Souza
PBN Staff Writer | 9/17/12

Foreclosures drop, delinquencies rise in Providence metro in July
The foreclosure rate in the Providence-Fall River-New Bedford area fell 0.1 percentage points in July compared with the same period in 2011, CoreLogic said Tuesday. more
| 9/25/12
Home sales surge 20% in Bristol County, Mass.
Single-family home sales in Bristol County, Mass., rose 20 percent, and the median sale price increased 7 percent in August compared with the same period last year, The Warren Group said Thursday. more
HousingWorks: Affordable housing still out of reach for many in Ocean State
Declining real estate values over the past four years have done little to make homes more affordable for the average Rhode Islander, HousingWorks Rhode Island said in its annual housing report released Friday. more
E. Prov. condo case a reminder that developers must be timely
To the Editor: I am writing this letter in response to an article by Patrick Anderson that ran in Providence Business News recently (“Twenty years on, court ruling changes condo law,” Sept. 10, 2012). more
10/1/12
Home sales rise again in August
Sales of single-family homes in Rhode Island rose 13 percent in August compared with the same period last year, the 14th consecutive month of increased year-over-year sales volume. more
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