Updated August 24 at 7:26pm
Real Estate
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The owners of the West Valley Inn have accepted a conditional offer to purchase the 12-acre property, the listing agent announced Wednesday. The buyer, who was not identified, is expected to negotiate a purchase and sale agreement with the owner within the next several days. more
Home prices in the U.S. rose 5.6 percent in the second quarter from a year earlier, extending gains that have cut into affordability for many buyers. more
The foreclosure rate among outstanding mortgage loans in the Providence-Warwick-Fall River metropolitan area fell to 1.42 percent in June, a decrease of 0.22 percentage points from June 2015, CoreLogic said Wednesday. more
The number of homes sold in Massachusetts dropped for the first time this year in July, by 12.5 percent compared with July 2015, The Warren Group said Tuesday. more
Purchases of new U.S. homes unexpectedly jumped in July to the highest level in almost nine years, led by soaring demand in the nation’s south and adding to signs of persistent housing-market strength. more
Sales of single-family homes in Rhode Island rose again in July, by 7.5 percent in volume and 9.8 percent in price, according to the Rhode Island Association of Realtors. more
The West Valley Inn served its last takeout order on Sunday and is now closed for business. more
The 1772 Foundation awarded a $10,000 grant to Historic New England to fund exterior repairs and painting of Casey Farm’s 1750s-era farmhouse in the village of Saunderstown. more
The site was too good to pass up, a property adjacent to the IYRS School of Technology and Trades that would allow the nonprofit to add a new building and consolidate its now-separated programs in a single campus. But the property on Thames … more
PROVIDENCE – The city is 2016's worst in which to retire, according to WalletHub's latest study, released Aug. 15. WalletHub, a personal finance website, compared the affordability, quality of life, health care and availability of … more
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