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RIGHT FIT: Sarah Lassor and Howard Thorp, of Thorp & Trainer Insurance, are on a deck on Atlantic Avenue in the Misquamicut section of Westerly. Thorp says private flood insurance isn’t right for ­everyone.
 / PBN PHOTO/
BRIAN MCDONALD

Read the fine print on private flood insurance

The flood-insurance market for Rhode Island has opened up in recent years, with more private options now available. But before businesses and homeowners try...

Five Questions With: Joseph Luca

Joseph Luca, president of the Rhode Island Association of Realtors, recently spoke to the Providence Business News about the upward trend for sales and...
RHODE ISLAND SINGLE-FAMILY HOME sales increased 4.5 percent year over year to 579 sales. / COURTESY RIAR

R.I. home sales rise 4.5% in Feb., bucking regional trend

WARWICK - Single-family home sales in Rhode Island increased 4.5 percent year over year in February to 579 sales, according to the Rhode Island...
SINGLE-FAMILY HOME SALES declined nearly 9 percent year over year. / COURTESY THE RHODE ISLAND ASSOCIATION OF REALTORS

Home sales fall 9 percent in January, pushing median prices higher

WARWICK – Single-family home sales dwindled in January, down nearly 9 percent from a year earlier, as a lack of homes listed for sale...
JOSEPH LUCA is the president of the Rhode Island Association of Realtors. / COURTESY JOSEPH LUCA

Five Questions With: Joseph Luca

Joseph Luca is the president of the Rhode Island Association of Realtors. He spoke to the Providence Business News about recent trends in residential...
TOP SALE: Newport’s Seafair at 254 Ocean Ave., purchased in November by television personality Jay Leno for $13.5 million, was the most expensive home sale in the state in 2017. / COURTESY MICHAEL OSEAN

The rest of the world finds value in R.I.’s high-end, coastal...

Once considered a hidden gem for luxury-home offerings, Rhode Island is gaining more attention in the high-end real estate market and attracting a more-diverse...
SALES FIGURES for single-family and multifamily homes, and condominiums all improved in 2017 compared to 2016 figures. / COURTESY RHODE ISLAND ASSOCIATION OF REALTORS

Report: R.I. housing market strong, sets record in 2017

PROVIDENCE – By all metrics, the Rhode Island housing market turned in record-shattering performance in 2017. Single-family, multifamily and condominium sales and median prices...
JOSEPH LUCA will serve as the 2018 president of the Rhode Island Association of Realtors. / COURTESY JOSEPH LUCA

Luca to serve as RIAR president in 2018

WARWICK – Joseph Luca will serve as the 2018 president of the Rhode Island Association of Realtors, a 5,200-member organization. Luca, who is affiliated with...
Sale of single-family houses dropped slightly in the third quarter of 2017, but the median price rose./ PBN PHOTO/MICHAEL SALERNO

Single-family home prices climb to $265K in third quarter, highest in...

WARWICK – The price of Rhode Island single-family homes continued to strengthen in the third quarter, increasing 8.2 percent to a median of $265,000,...
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