Rhode Island Has Solid Price Gains in Housing in April 2017 Warwick, RI, May 27, 2014…The Rhode Island Association of Realtors reported that the median price of single family home sales rose sharply last month, increasing 17 percent from the prior year, to $210,000. Though sales activity was down five percent from April, 2013, the number of single family homes on the market rose two percent, the first year-over year increase in single family home inventory since March of 2012. “We’re excited to see more homes coming onto the market. There’s been too little to choose from for too long. With … (1 comments)
ri real estate market: Rhode Island Housing Prices Are Up!
- 04/29/14 01:25 AM
Rhode Island March Housing Prices Are Up! Warwick, RI… April 25, 2014 - The Rhode Island Association of Realtors released March sales statistics today that highlighted escalating home prices. At $205,000, March’s median sales price was the highest price recorded at the end of the first quarter since 2008. The median price of single family home sales rose eight percent since March, 2013. The data is derived from all Realtor-assisted sales input into the State-Wide Multiple Listing System. Single family home sales activity slowed slightly however, down .3 percent in March from 12 months prior, though it bounced back significantly … (3 comments)
Warwick, RI, January 30, 2014… Rhode Island sales of single family homes remained relatively flat in the fourth quarter of 2013, rising just one percent from the fourth quarter of 2012. The median price of those sales rose three percent to $201,000. Data released by the Rhode Island Association of Realtors shows evidence of a moderating market in the last few months of last year, but overall, the housing market showed solid recovery in 2013. Year-end single family home sales were up ten percent overall in 2013 from 2012, while median … (2 comments)
2014 looks to be a good year for me, but I'd like to make it a Great year. Looking back on 2013 I learned a few things to help me achieve this. Here's my action plan. 1. Technology- I am investing more time into making my website more informative and attractive. I want to incorporate a wealth of information for buyers and sellers to help guide them in the right direction. 2. Niche Market- Next years plan is to specifically drill down into my niche market and provide current market stats, and … (5 comments)
ri real estate market: Decoding Mortgage Terms and the Cast of Characters
- 11/20/13 11:18 PM
Decoding Mortgage Terms I took a wonderful class yesterday and thought I would share what I learned. This material is especially helpful for first time home buyers who don't know "who" the cast of characters are in the mortgage process. Let's start with the basics: What is a mortgage? Mortgage is a word that has been in the English language since the late 1300s and comes from the French "mort," which means "dead," and "gage," meaning "pledge." Therefore, a mortgage, in the true sense of the meaning of the word, means that the security pledged to the mortgagee for the debt … (1 comments)
I just sat through webinar on marketing. It got me thinking about my own form of marketing. I developed my marketing plan last year about this time and it seemed to work pretty well. This was my second year in real estate and I was quite pleased with what I did for business over the spring and summer. I closed 8 transactions by September; which doubled what I did my first year. So...I should be happy and content, right? WRONG! Now, I need to take what I put in … (25 comments)
ri real estate market: July's RI Housing Market Shows Robust Rebound
- 08/23/13 06:50 AM
July's RI Housing Market Shows Robust Rebound August 22, 2013, Warwick, RI – Seven months into the year, the Rhode Island real estate market continued to show signs of significant recovery with existing single family home sales rising 22 percent in July from 12 months earlier and median price rising to $216,000 from $207,000 in July, 2012. July marked the tenth consecutive month of increase in median price from the previous year. The number of foreclosure and short sales accounted for 16 percent of all single family home sales in July, down from 25 percent a year ago, and homes under contract … (2 comments)
I subscribe to RISMedia and read a great article that I had to share. The article starts off with feeling a little tired lately? That's no surprise. The past few years have been very demanding and have required a lot of discipline on behalf of the real estate agent in acquiring clients, getting property sold, dealing with short sales, foreclosures and all the other things that went along with the down-turn of the market. The good news is the market has turned around on all fronts and we are making headway in … (3 comments)
Realtors Announce Strong Increases in Home Sales and Prices November 29, 2012, Warwick, RI.... Both the number of single family home sales and median price rose in October, according to statistics released today by the Rhode Island Association of Realtors. Though sales activity has been increasing year over year for 16 months, October was the first month that showed evidence of an increase in median price since May, 2011. Single family home sales increased 24 percent last month and the median sales price of single family home sales … (0 comments)
;)
;)
