Rhode Island Real Estate News
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High-End Foreclosures Rising Among Top Tier Homes
Monday Jun 30 | via Realty Trac
Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited ...
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Local Headlines
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Friday Jul 11 | via The Providence Journal
FIRST TIME HOMEBUYERS SEMINAR: The Washington Trust Company and Rhode Island Housing will host a free seminar, First-Time Homebuying Made Easy, at 6 p.m. on Wednesday, July 23 at Washington Trust's office at ...
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Low-paying jobs a drag on economy
Friday Jun 27 | via Providence Business News
The sudden jump in Rhode Island's unemployment rate to 7.2 percent in May is grim proof that the state needs to accelerate its move to a "knowledge-based economy," some business leaders said last week.
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Bills on foreclosures await governor's approval
Monday Jun 23 | via Providence Journal
Banks that repossess foreclosed properties in Rhode Island will have to pay the properties' tax and utility bills in a more timely fashion and post bonds for the properties' upkeep if legislation approved by ...
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Housing recovery outlook bleak for R.I.'s
Jun 23, 2008 | via Providence Journal
Rhode Island's deteriorating job market is expected to delay its recovery from what a new study describes as the nation's worst housing downturn in a generation.
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May 14, 2008 | via The Providence Journal
Rhode Island's once-noisy condo market is barely making a peep. Sales of condominiums during the first quarter plunged 37 percent, as more units sat on the market unable to find buyers, according to data from ...
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National Headlines
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The slump persists: Home sales tumble across US
7 min ago | via KVEW
Sales of existing homes tumbled more sharply than expected in June, pushing activity down to the lowest level in more than a decade.
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7 min ago | via International Herald Tribune
A U.S. geological agency unveiled the largest-ever survey of petroleum resources north of the Arctic Circle.
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Stocks tumble after sales of existing homes fall
7 min ago | via KVEW
Stocks skidded lower Thursday after a steeper-than-expected decline in existing home sales wiped away some of the market's optimism about upbeat earnings reports.
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Home sales at 10-year low, jobless claims jump
8 min ago | via Reuters
Jobless claims jumped and the pace of existing home sales tumbled to a 10-year low as slowing growth hit hiring and a glut of unsold houses weighed on real estate, data released on Thursday showed.
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Daytona Beach area home sales, prices slide again in June
8 min ago | via Daytona Beach News-Journal Online
Existing home sales in the Daytona Beach area slipped 13 percent in June, when compared to the same period last year, while prices slid another 14 percent, the Florida Association of Realtors reported today.
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