It's all in the numbers - 07/27/11 08:21 AM
Quotes from the recent RIAR Association President on the 2nd Quarter statistics for the RI real estate market,
"Sales of single family homes dropped 20 percent compared to the same time period in 2010 and 10 percent from the second quarter of 2009."
 “Still, extremely tight lending standards remain a problem for the housing market. It’s a chain reaction.  If first time home buyers can’t qualify for a home, sales of lower priced homes are delayed.  And, if those homeowners can’t sell their home, they can’t move up to another price bracket,” he said.
I have no idea what he's talking … (0 comments)

 
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Arthur Chapman

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William Raveis

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Rhode Island Real Estate. Information and commentary on the real estate market in RI. We have an office on Bellevue Avenue in Newport, RI and another office on Main Street in Wickford, RI. We are planning expansion throughout the state. William Raveis is the 10th largest real estate firm in the nation and the largest family owned real estate firm in New England. From Manhattan to Maine, we are New Englands real estate company. Newport, Middletown, Portsmouth, Tiverton, Little Compton, Jamestown, North Kingstown, South Kingstown, Narragansett, Charlestown, Westerly, East Greenwick, Cranston, Warwick, Providence, Lincoln, Barrington, Warren, Bristol, Scituate, Coventry, West Greenwich, Richmond, Foster, Glocester, Cumberland, East Providence, Westport,


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