http://www.golocalprov.com en Copyright 2011 2011-08-18T05:00:29+00:00 http://www.golocalprov.com/real_estate/ri-real-estate-market-improves-from-last-year/ The Rhode Island real estate market slowed down this summer. 2011-08-18T05:00:29+00:00 http://www.golocalprov.com/real_estate/6-gorgeous-penthouses/ It's one thing to have a room with a view. How about a whole bunch of them? We scouted a half dozen of the top-shelf (and top-of-the-building) penthouse apartments worth craving. Take a look. Literally. 2011-07-29T05:02:01+00:00 http://www.golocalprov.com/real_estate/new-home-prices-sales-decline-in-second-quarter/ Sales of single family homes declined by 20 percent and the median price dropped by 2 in the second quarter, according to the Rhode Island Association of Realtors. 2011-07-26T14:35:16+00:00 http://www.golocalprov.com/real_estate/rhode-island-rent-prices-likely-to-increase/ Rhode Islanders are already struggling to find affordable housing. Now, prices could be on the rise, according to Rhode Island Housing. 2011-07-26T05:03:06+00:00 http://www.golocalprov.com/real_estate/new-ri-mortgage-closing-costs-among-lowest-in-country/ In Bankrate.com’s list of states with the highest mortgage closing costs, Rhode Island came in an impressive 41st. 2011-07-19T16:58:45+00:00 http://www.golocalprov.com/real_estate/inside-providences-new-development-70-ken-west/ “The thing about Rhode Island is people don’t forget about their buildings,” says Rebecca Lister, the rental director at Residential Properties, “They’ll ask: What happened to the People’s Savings Banks?”  Here’s what happened to the People’s Savings Bank: the historic 1949 building famously etched with the motto, “To Serve Those Who Save,” has been transformed “To Serve Those Who Luxuriate.” The etching above the front entrance will remain the same, but the inside of the Modernist bank has been converted into two upscale apartment towers, with a total of nine spaces for rent. 2011-07-16T05:02:47+00:00 http://www.golocalprov.com/real_estate/ris-top-high-schools-2011-the-link-between-schools-and-home-values/ While the adage about real estate might have been "location, location, location," the reality is, according to Realtors in Rhode Island, it should be "schools, schools, schools." "Families want to live in an area with a good school system," said Stephen Antoni, President of the RI Association of Realtors, "particularly if they have school-age children, or are planning to, and they don't plan on sending them to private school." 2011-05-09T09:55:18+00:00 http://www.golocalprov.com/real_estate/6-great-summer-rentals-to-book-now/ If the staycation wasn't invented in Rhode Island, it should have been. What better place to while away a summer week (or two, or three...) on the glorious waterfronts of Narragansett Bay and the Atlantic Ocean? Check out 7 of the most beautiful seasonal rentals available for this summer. 2011-05-07T05:02:32+00:00 http://www.golocalprov.com/real_estate/6-great-one-bedroom-apartments/ Looking for new digs? Our real estate scouts uncovered 6 great 1-bedroom apartments from one end of the state to the other... and several are well under $1,000. 2011-04-16T05:01:02+00:00 http://www.golocalprov.com/real_estate/ri-home-sales-continue-downslide/ Rhode Island homes sales continued their spiral down with a -12.7% decrease month-over-month... 2011-03-15T19:43:04+00:00 http://www.golocalprov.com/real_estate/riar-cautiously-optimistic-about-2010-price-gains/ The Rhode Island Association of Realtors (RIAR) released home statistics today showing price gains in 2010, reversing a downward trend that began in 2005. 2011-01-26T18:03:46+00:00 http://www.golocalprov.com/real_estate/ri-home-sales-drop-median-price-rises-in-september/ September single family home sales fell 25% from September, 2009, according to statistics released today by the Rhode Island Association of Realtors (RIAR). The median price of single family home sales rose however, up nearly 6% to $212,000 from $201,050 in September, 2009. 2010-10-25T04:01:00+00:00 http://www.golocalprov.com/real_estate/attorney-general-patrick-lynch-joins-nationwide-foreclosure-fiasco-inv/ Since the nation’s four largest lenders have come under scrutiny for “robo-signing” foreclosures, Attorney General Patrick Lynch announced yesterday that he will join officials in 49 states and the District of Columbia in the investigation of the mortgage industry’s alleged fraud and abuse. 2010-10-14T13:33:52+00:00 http://www.golocalprov.com/real_estate/the-arcade-a-look-back/ As the Arcade sits abandoned and ignored, GoLocalProv continues its look at the historic building's importance and legacy. James Hall, Executive Director of the Providence Preservation Society, shows Sam Valorose what's so remarkable about this RI landmark. 2010-10-02T04:01:47+00:00 http://www.golocalprov.com/real_estate/the-arcade/ It is historic, iconic, neglected. As new buildings rise in various corners of downtown Providence, one of its most revered structures, the Westminster Arcade, sits abandoned. 2010-09-30T04:01:16+00:00 http://www.golocalprov.com/real_estate/rhode-island-housing-affordability-drops-in-2009/ Rhode Islanders are now facing a larger gap between their income and their housing costs, according to the 2009 American Community Survey performed by the U.S. Census Bureau. Even though housing prices have decreased overall, the median household income has also decreased by $1,582 since 2008. The ACS survey goes on to indicate that the number of Rhode Islanders earning moderate income, low-income, and very-low-income has increased. 2010-09-29T16:47:22+00:00 http://www.golocalprov.com/real_estate/warwick-ranked-83-in-moneys-list-of-best-places-to-live/ In the just released Money magazine annual Best Places to Live list, a ranking of America’s best small cities, Warwick, RI, was the only local contender to be recognized, coming in at #83. 2010-08-31T15:19:01+00:00 http://www.golocalprov.com/real_estate/state-has-highest-foreclosure-rate-in-region/ Rhode Island leads New England in the number of foreclosures, with more than 1,400 mortgages either in foreclosure or more than 90 days delinquent, according to the annual 2010 Fact Book released today by HousingWorks RI. 2010-08-31T13:56:41+00:00 http://www.golocalprov.com/real_estate/as-tax-credit-expires-housing-prices-fall/ According to data released by the RI Association of Realtors today, the number of single-family home sales dropped in July, by 34 percent versus July 2009, though the median price rose eight percent to $227,500 last month from $210,000 a year prior.  The drop in the number was most likely caused by the expiration of the federal tax credit. The good news was the number of distressed sales – foreclosures and short sales – down 54 percent from a year ago.  The median price of non-distressed sales was $257,250. July marks only the second month of decreased sales in the past 16 months. 2010-08-27T09:05:17+00:00 http://www.golocalprov.com/real_estate/urban-planning-without-controls/ In 2005, Boston developers with a Providence partner proposed building the city's tallest structure in the heart of the financial district. In order to realize their superstructure condo tower, they sought and received city permission to tear down one of Providence's distinct and historical building - the Old Colony Bank Building.  Rhode Island's architectural conscience, Mack Woodward calls the decision-makers out. Five years later, the hole in the ground remains, a bizarre rusted scaffolding scars Weybosset Street, and no one takes responsibility for the chaotic decision-making. 2010-08-23T18:00:18+00:00