Real Estate
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Home prices rise 3% in Providence metro in December
Single-family home prices in the Providence-Fall River-New Bedford metro area rose 3 percent from December 2011 to December 2012, according to CoreLogic’s Home Price Index. more
| 2/5/13
Court approves R.I. offer to buy Rocky Point property
The U.S. District Court for the District of Rhode Island approved the state’s offer to purchase the remaining 82 acres of Rocky Point land in Warwick to develop a state park, the R.I. Department of Environmental Management announced Wednesday. more
| 2/13/13
Work begins on most U.S. single-family homes in 4 years
Builders broke ground in January on the most U.S. single-family homes in more than four years and permits for future construction rose, an indication the industry’s momentum carried over into 2013. more
Foreclosure starts fall in Providence metro in January
January Foreclosure starts in the Providence-Fall River-New Bedford area dropped 22 percent and completed foreclosures plunged 61 percent compared with the same period last year, RealtyTrac said Thursday. more
Home sales, prices rise in Bristol County, Mass. in January
Single-family home sales and the median price of those sales rose 9 percent in Bristol County, Mass. in January compared with the same month in 2012, The Warren Group said Tuesday. more
Despite rebound, first-time buyers are missing
Though the housing market is rebounding in many local markets, there is one important segment that is not: First-time buyers are missing in action and represent a smaller proportion of overall sales activity than their historical norm. more
3/11/13
R.I. foreclosure inventory unchanged in January
The foreclosure inventory in Rhode Island was unchanged from January 2012 to January 2013 at 3 percent, CoreLogic reported Thursday. This means that 3 percent of all homes with a mortgage in Rhode Island were in one aspect of the foreclosure process. more
| 2/28/13
Condo, home sales rise in January
Condominium sales in the Ocean State soared 60 percent in January, the Rhode Island Association of Realtors said Friday. more
| 3/1/13
Household wealth in U.S. rises by $1.17 trillion
Household wealth in the U.S. climbed in the fourth quarter, propelled by a gain in home prices that is helping repair family finances. more
Report: R.I. housing costs outpace incomes
The standard cost of a two-bedroom apartment in Rhode Island is out-of-reach for many of the state’s low income families, according to a new report from the National Low Income Housing Coalition. more
| 3/11/13
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