Cranston Herald: The time is still now to invest in housing for Cranston and RI
Posted Wednesday, June 10, 2020 6:19 am
By PAULA McFARLAND
I've lived in the same neighborhood in Cranston for the past 30 years. We bought our starter home in a “starter neighborhood” designed to be affordable for first-time house buyers. When we bought it, we paid $99,000. Today, most first-time homebuyers who are residents of Cranston can't afford to buy here or anywhere else in our beloved community. According to the most recent data from the state's Association of REALTORS, the average price for a home in Cranston is $290,000. It's a price tag that is completely out of reach for far too many Rhode Islanders.
Courtesy of Cranston Herald