Warwick Beacon: 'Perfect storm' spurs rising demand, prices for homes

Posted Thursday, April 22, 2021 6:40 am

By JOHN HOWELL

COVID-19 is blamed for a lot of ills, but like so many things in life, there's also a silver lining. Such is the housing market.

For months, Realtors have moaned there's not enough inventory of homes to meet the demand. According to Leann D'Ettore, president of the Rhode Island Real Estate Association, the state is faced with a 1.2-month supply of homes, the lowest it has been since 1988.

To view the complete article, visit Warwick Beacon

Courtesy of Warwick Beacon