The law firm of Hinckley Allen has filed a Complaint in Newport Superior Court on behalf of more than 40 Rhode Island homeowners that challenges the constitutionality of the state’s so-called “Taylor Swift Tax” on luxury second homes. The tax, which was named...
A federal judge has blocked a Rhode Island town’s attempt to use eminent domain to seize a vacant lot that slated to become an affordable housing development. In January 2025, Mayor Joseph Polisena Jr. of Johnston declared his town was seizing over 31 acres of vacant...
An optimistic forecast for the housing market, a little state with a big property tax burden, and a new book for kids who are about to move to a new neighborhood. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 15-19....
A new report from the Rhode Island Public Expenditure Council (RIPEC) has found a rather weak return on investment from a $120 million housing bond approved by voters in 2024. The Rhode Island Current reports that $52.2 million from the bond had been used by April...
Trump takes aim at State Farm, the Justice Department fights for natural gas appliances, and a mural that memorializes a crime victim is denounced as “divisive.” From the wild and wooly world of real estate, here are our Hits and Misses for the week of...
Mortgage Rates Reach 7.40%, Highest Since November 2023
