Real Estate
371 results total, viewing 321 - 330
WASHINGTON – The U.S. Department of Agriculture said last week that Rhode Island’s farmland was the second-most expensive in the U.S., Bloomberg News reported. more
BOSTON – Fall River and New Bedford were among 21 communities awarded grants by Attorney General Martha Coakley to encourage the rehabilitation of distressed properties. more
It’s called “upselling” – steering home-mortgage applicants into higher-cost terms that increase the lender’s profits – and it was rampant during the housing boom years. It worked like this: Rather than putting borrowers into loans at the lowest rates and fees for which they were qualified, loan officers convinced them to sign up for more expensive ones. Loan officers who successfully squeezed more juice, or profit, out of their applicants got extra pay for doing so. more
Rhode Island’s decimated residential construction industry has three small pockets of activity, according to Rhode Island Builders Association Executive Director John Marcantonio. more
You may have seen two sets of news reports recently that didn’t quite add up: First, President Obama called for the liquidation of Fannie Mae and Freddie Mac, the country’s largest providers of funds for home mortgages. Then a couple of days later, Fannie Mae announced its sixth straight quarterly profit and said it was sending $10.2 billion in dividends to the Treasury. Freddie Mac also reported a hefty profit – $5 billion over the previous three months – and said it is providing $4.4 billion in dividends to the government. more
(Editor’s note: This is the first of a three-part series exploring the progress of East Providence’s 10-year effort to redevelop its waterfront and what it might mean for a similar effort underway in Providence.) more
Over the past three decades, interest rates have steadily declined. Now that rates are finally rising, bond as well as equity investors should be wary of certain areas in the markets. Investors must be aware that rising interest-rate pain is not limited to long-term bonds. There are a number of sectors in your portfolio that can be negatively affected by rising interest rates. more
(Editor’s note: This is the second of a three-part series exploring the progress of East Providence’s 10-year effort to redevelop its waterfront and what it might mean for a similar effort underway in Providence.) more
Mall owners, the best-performing U.S. property stocks for four years, have tumbled to the worst as sluggish retail sales and limited opportunities to expand drive investors to look elsewhere for earnings growth. more
Basing your business’ market share in dollars per square foot seems an odd metric, unless you sell carpeting. But for East Providence-based Peregrine Property Management, that per-square-foot statistic describes how far the business has come, and where it is today. more
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