Tuesday, January 31, 2023

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R.I. homeowners see average equity gain of nearly $53K Y/Y in...

PROVIDENCE – Homeowners with mortgages in Rhode Island saw an average equity gain of $52,600 in the fourth quarter of 2021 compared to the...

Mortgaged homes in R.I. see average Y/Y equity gain of $52K...

PROVIDENCE – The average equity gain per borrower of a mortgaged home in Rhode Island was $52,107 year over year in the first quarter...
RHODE ISLAND homeowners earned an average of $14,000 in equity year over year in the second quarter of 2020. / COURTESY CORELOGIC

R.I. negative-equity rate declines to $3.8% in Q2

PROVIDENCE  – The share of mortgaged homes in negative equity in Rhode Island declined to 3.8% in the second quarter, CoreLogic said on Monday. The...
IN THE THIRD QUARTER in Rhode Island, 5.7 percent of homeowners with mortgages were in negative equity. / COURTESY CORELOGIC

5.7 percent of R.I. mortgages underwater in Q3

PROVIDENCE – In the third quarter of 2018, 5.7 percent of all homeowners with mortgages in Rhode Island had negative equity, a 1.8 percentage-point...
THE SHARE OF UNDERWATER mortgages in the Providence-Warwick-Fall River metropolitan area declined 1.7 percentage points year over year to 5.7 percent. / BLOOMBERG NEWS FILE PHOTO/SCOTT MCINTYRE

CoreLogic: 5.7% of mortgages in R.I. ‘underwater’ in Q2

PROVIDENCE – At the end of June, 5.7 percent of mortgaged homes in the Providence-Warwick-Fall River metropolitan area had negative equity, a 1.7 percentage...
RHODE ISLAND RANKED No. 39 on a list of states with the least negative equity, with only six states having a greater percentage of mortgaged homes with negative equity (not all states returned data for this list). / COURTESY CORELOGIC

Negative equity share in R.I. falls to 7.3% in 2017 Q4,...

PROVIDENCE – Despite seeing an average homeowner equity gain of $20,000 in 2017, Rhode Island still ranked No. 39 on a list of states...
MORTGAGE OWNERS IN Rhode Island on average experienced a $15,536 gain in equity on their home year over year in the second quarter of 2017. / COURTESY CORELOGIC

Report: 7.5% of Providence metro mortgages underwater in Q2

PROVIDENCE – In the second quarter of 2017, 27,677 properties in the Providence metropolitan area were saddled with negative equity mortgages, comprising 7.5 percent...
RHODE ISLAND HOME EQUITY IS RISING, but the percent of underwater mortgages in the state remains higher than the national average. /COURTESY CORELOGIC

CoreLogic: 9.4% of R.I. mortgages are underwater

PROVIDENCE – Rhode Islanders had 22,760 “underwater” mortgages in the first quarter of 2017 according to CoreLogic. In a Thursday report, the real estate...
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