Search

All News & Events

rss

News & Events

News & Event

The Valley Breeze: Smaller homes powering local real estate sales

on September 26, 2017 in Cumberland, Foster, Glocester, Lincoln, North Providence, North Smithfield, Pawtucket, Rhode Island, Scituate, Smithfield, Woonsocket by Amy Cola

9/26/2017

By THOMAS V. WARD, Valley Breeze Publisher

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

Related Articles

  • GoLocal Prov: Report: RI Real Estate Gobbled up by Out-of-Staters at Record Pace, Nearly 50% of Homes Over $1M

    Report: RI Real Estate Gobbled up by Out-of-Staters at Record Pace, Nearly 50% of Homes Over $1M

  • Homes RI: ‘Homes RI’ campaign shines spotlight on state’s need for more affordable homes

    The “Homes RI” campaign was launched today to shine a spotlight on the increased need for Rhode Island to invest in building more affordable homes in cities and towns across the state, and to call on elected officials to pledge their support for more affordable homes.

  • REALTOR Magainze: Real Estate Developers Take Wellness Into Account

    A growing number of developers believe wellness home features are a big pull for buyers. The wellness real estate boom first sought to make office environments healthier, and now it is focusing more on the residential market, according to a new report released by the Global Wellness Institute.

  • WPRI 12: Raimondo eyes tax on real estate sales over $500K to fund affordable housing

    Democratic Gov. Gina Raimondo is looking to invest more into the development of affordable housing, paid for in part with a new tax on all real-estate sales totaling more than $500,000.

  • GoLocal Prov: Stay-at-Home Order Drastically Slowed RI Home Sales in May, But Prices Hit Record, Say RI Realtors

    Stay-at-Home Order Drastically Slowed RI Home Sales in May, But Prices Hit Record, Say RI Realtors

  • ProJo: R.I. real estate: 2017 — a really hot market

    House sales increased in Rhode Island for the fifth consecutive year in 2017, creating a “hot” market despite falling inventory, according to the Rhode Island Association of Realtors.


Comments are closed.
2705 Views
Tagged With:

Stay in the loop by subscribing to our newsletter!

Newsletter Sign Up

Contact Us

401.276.4806
Email Us
Newsletter Sign Up

Visit

One Empire Plaza
Providence, RI 02903
Directions

RI Alliance for Healthy Homes

A project of
HousingWorks RI