Real Estate
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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
Corvias opens N.C. headquarters for student housing segment
The Corvias Group has opened a new headquarters in Cary, N.C., for its student housing division Corvias Campus Living, the company announced Tuesday. more
| 3/5/13
Bristol County, Mass. foreclosures drop 87% in January
Bristol County, Mass., foreclosure starts dropped 17.4 percent in January while finished foreclosures plummeted 86.7 percent compared with the first month of 2012, The Warren Group said Monday. more
| 3/5/13
Home prices continue to rise in Providence metro
Single-family home prices in the Providence-Fall River-New Bedford metro area rose 0.6 percent from January 2012 to January 2013, according to CoreLogic’s Home Price Index. more
| 3/5/13
The surprise cost of the interest tax deduction
In the contentious debate over whether to reduce or eliminate the home-mortgage interest tax deduction – or leave it alone – one fact has been virtually unchallenged: The popular write-off used by millions of American owners costs the government massive amounts of revenue, somewhere in the range of $100 billion a year. more
3/4/13
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
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
Pending sales of U.S. existing homes rise more than forecast
Contracts to purchase previously owned U.S. homes climbed more than forecast in January, a sign the industry will keep strengthening this year. 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
FHA fee increases may shift its customer base
If you want to buy a house with minimal cash by using an FHA-insured mortgage, here’s some sobering news: Thanks to an ongoing series of fee increases and underwriting tweaks – the most recent of which were announced Jan. 31 – FHA is getting steadily more expensive, and may not work for you. more
2/25/13
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