Real Estate - Page 22 of 31 - Providence Business News

Average long-term U.S., mortgage rate falls to lowest level in 5...

Economic Activity 05/11/2023

LOS ANGELES (AP) – The average rate on a long-term U.S. home loan is down to the lowest level in five weeks, welcome news for...

Average long-term U.S. mortgage rate slips to 6.39%

Economic Activity 05/04/2023

LOS ANGELES (AP) – The average long-term U.S. mortgage rate edged lower this week, a modest boost for homebuyers looking for relief as a...

R.I. home prices rise 4% in Q1 amid slowing sales

Economic Activity 05/04/2023

PROVIDENCE – The median first-quarter sale price of a single-family home in the state rose to $390,000, a 4% increase year over year, according...

THE HOME AT 55 Lenihan Lane, East Greenwich, once owned by former Providence College men's basketball coach Ed Cooley, was sold for $1.9 million. / COURTESY RESIDENTIAL PROPERTIES LTD.

Ed Cooley’s former home in East Greenwich sold for $1.9M

News Story 05/02/2023

EAST GREENWICH – Ed Cooley’s former residence in town is officially off the market and in the hands of new owners. Residential Properties Ltd. announced...

THE NEWPORT BEACH HOTEL & Suites in Middletown was acquired by The Procaccianti Cos. for reportedly $25 million. / COURTESY THE PROCACCIANTI COS.

Newport Beach Hotel & Suites reportedly sold for $25M

Hospitality & Tourism 04/25/2023

MIDDLETOWN – A historic hotel along the shores of Easton's Beach was recently sold for a reported 10 figures. Cranston-based property management firm The Procaccianti...

MAKING ADJUSTMENTS: Michael Friedman, Paolino Properties LP’s director of sales and leasing, says the Providence real estate market has moved away from corporate toward more residential use over the past two to three years. PBN PHOTO/ELIZABETH GRAHAM

When challenges arise, Friedman closes the deal for Paolino Properties

Business Services 04/21/2023

2023 C-Suite Awards Small Private Company: Michael Friedman | Paolino Properties LP director of sales and leasing IN JUST TWO YEARS on the job, Paolino Properties...

Bristol County, Mass., median home sale price rises 3.1% in March

Economic Activity 04/19/2023

PROVIDENCE – The median price of single-family homes sold in Bristol County, Mass., rose to $420,000 in March, a 3.1% increase over the same...

R.I. home prices rise 2.6% in March amid continued low inventory

Economic Activity 04/13/2023

WARWICK – The median price of single-family homes sold in Rhode Island continued to climb in March, rising 2.6% year over year, while sales...

Home-based workers became younger, more diverse in pandemic

Business Services 04/10/2023

People working from home became younger, more diverse, better educated and more likely to move during the worst part of the COVID-19 pandemic, according...