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The Valley Breeze: Smaller homes powering local real estate sales

CUMBERLAND – It was a solid summer for home sales, say local real estate agents, with many buyers of smaller homes getting into bidding wars and paying higher than asking prices.

But for those thinking of selling their home into this “seller’s market,” they shouldn’t get too excited, say agents. Prices are merely firming up – finally. The go-go days of a decade ago are not coming back, as lenders are more cautious today. Also, the latest year-over-year sales comparisons by the R.I. Association of Realtors back the assertion that home values are improving, but not skyrocketing.

To view the complete article, visit The Valley Breeze 

Courtesy of The Valley Breeze

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