Real Estate - Providence Business News

THE SHARE OF MORTGAGES in delinquency 30 days or more in Rhode Island and the nation was 2.8% in January, according to CoreLogic Inc. / PBN FILE PHOTO

R.I. mortgage delinquency rate drops to 2.8% in January

Economic Activity 03/30/2023

PROVIDENCE – The share of mortgages in delinquency 30 days or more in Rhode Island was 2.8% in January, down from 3.2% in the...

Bristol County, Mass., median home sale price rises 7.3% in February

Economic Activity 03/22/2023

PROVIDENCE – The median price of single-family homes sold in Bristol County, Mass., rose to $429,000 in February, a 7.3% increase over the same...

Report: Providence had 7th-hottest real estate market in nation in 2022

Economic Activity 03/13/2023

PROVIDENCE – Rhode Island’s capital city had the seventh-hottest real estate market in the nation and third-best among midsize cities in 2022, according to...

MARQUEE SALE: The coastal estate known as Treasure Hill, located at 2 Kidds Way in Westerly, was the most expensive home sale in Rhode Island in 2022 at $17.7 million and one of only two of last year’s top 10 home sales to reach eight figures. COURTESY LILA  DELMAN COMPASS

JUST CHILLING: White-hot R.I. luxury market shows early sign of cooling...

Cover Story 03/03/2023

By most measures, 2022 was a banner year for Rhode Island’s luxury real estate market. A total of 617 homes sold for more than...

TAKE IT TO THE BANK: Kira Greene, founding agent at Compass Real Estate’s Providence office, is handling the sale of a former bank in Pawtucket that was marketed as a residential-commercial property. The building is already under contract. PBN PHOTO/MICHAEL SALERNO

Your next home could be a school, church or bank

Economy 03/03/2023

Real estate agent Kira Greene is no stranger to selling high-end homes, but one of her latest listings in Pawtucket took things to a...

Average long-term mortgage rate at lowest level in 4 months

Economic Activity 01/26/2023

The average long-term U.S. mortgage rate fell to its lowest level in more than four months, giving some relief to homebuyers faced with higher...

Bristol County, Mass., median home sale price up slightly in December

Economic Activity 01/17/2023

PROVIDENCE – The median price of single-family homes in Bristol County, Mass., sold in December was $595,000, a 0.1% increase over the same month...

JOSEPH R. PAOLINO JR., former Providence mayor and managing partner for Paolino Properties LP, says he's disappointed that the city is not moving forward with the plan for him to donate the former St. Joseph's Hospital building to the city for it to be converted into a new school. /PBN FILE PHOTO/MICHAEL SALERNO

‘Disappointed’ Paolino looks to sell St. Joseph’s building after education leaders...

Education 12/20/2022

PROVIDENCE – Two years ago, developer Joseph R. Paolino Jr. wanted to give back to the city he once oversaw as mayor by providing...

ORIGINAL VISION: The Carpionato Group proposed a $100 million, mixed-use redevelopment of the Newport Grand site in 2019, but the project has been at a standstill and revised plans may be proposed. COURTESY  CARPIONATO GROUP LLC

Ex-Newport Grand site awaits new proposal

Focus 12/09/2022

Incoming Newport Mayor Xaykham “Xay” Khamsyvoravong looks at the hulking, windowless building that once housed the Newport Grand casino, and he sees a lot...