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Providence, US
Tuesday, June 19, 2018

Real Estate

HIGH RISE: In this before photo, the first floor of the hardware store is shown, with fluorescent lighting overhead and blue carpeting. The balcony space in the rear is now one of the six apartments.

Mixed use: Shared commerical kitchen/apartments (the former Mulvey’s Hardware)

Owner: NeighborWorks Blackstone River Valley Architect: Kevin Beaulieu, O’Hearne Associates Architects, Burrillville General Contractor: Nation Wide Construction Corp., Woonsocket Cost: $3.3 million Use: The former Mulvey’s Hardware, vacant since 2003, was transformed to...

Barrington home sells for $1.4M

BARRINGTON – Residential Properties Ltd. this week announced the sale of 46 South Meadow Lane for $1,440,000. The transaction closed on May 20 and...
IN ORDER TO AFFORD a two-bedroom apartment that does not burden a household, the minimum per-hour wage must be $19.06 per hour. Yet Rhode Island's is $9.60. / COURTESY NATIONAL LOW INCOME HOUSING COALITION

R.I. among most expensive states to live, but cheaper than most...

PAWTUCKET – Rhode Island rentals have become unaffordable to many working residents, a national report released on Wednesday concluded, with the Ocean State characterized...

U.S. home prices climbed 5.7% in first quarter from prior year

BOSTON - U.S. home prices rose 5.7 percent in the first quarter from a year earlier as buyers competed for a limited supply of...
CORELOGIC SAID foreclosure rates in March in the Providence-Warwick-Fall River metropolitan area and Rhode Island declined over the year in March. / COURTESY CORELOGIC

Foreclosure rates fall in Prov. metro, R.I. in March

PROVIDENCE – Foreclosure rates in the Providence-Warwick-Fall River metropolitan area declined 0.11 percentage points in March, to 1.6 percent from 1.71 percent a year...
SINGLE-FAMILY home sales jumped 34.7 percent in April - the best percentage gain in four years, The Warren Group said. / BLOOMBERG FILE PHOTO/TY WRIGHT

Massachusetts home sales soar in April

BOSTON – Single-family home sales jumped 34.7 percent in April to 4,278 - the best percentage gain in four years, The Warren Group said...
RHODE ISLAND ranked fifth among states in April for its percentage of mortgages that were 90 days delinquent or more at 2.15 percent, according to Black Knight Financial Services.

R.I. fifth highest in U.S. in April for percentage of late...

PROVIDENCE – Rhode Island had the fifth-highest percentage of mortgages delinquent by 90 days or more in April at 2.15 percent, according to Black...

More young adults now live with parents than partners

Those basement-dwelling millennials are at it again.In 2014, Americans 18 to 34 years old were a little bit likelier to be living in...
COMMERCE RI HAS AWARDED nearly $7 million in tax incentives and grants to three projects, including the redevelopment of the Pontiac Mills in Warwick.  / PBN FILE PHOTO/RUPERT WHITELEY

Commerce RI awards $7M for jobs, redevelopment across the state

PROVIDENCE — The R.I. Commerce Corp. voted to approve more than $7 million in state relocation and redevelopment credits Monday to several corporations that...

Residential’s Chace friend to arts

Elizabeth Z. Chace, co-founder/co-owner of Residential Properties, was recently named the 2016 recipient of the Charles Sullivan Award for Distinguished Service in the Arts...
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