For homebuyers, landscape grows more discouraging

UNDER CONSTRUCTION: Michelle Wilcox, CEO and president of Crossroads Rhode Island, stands in front of the Summer Street Apartments project in Providence in 2024. It’s Crossroads’ five-story building featuring 176 single-bed residences for those who were previously homeless. 
PBN FILE PHOTO/MICHAEL SALERNO
UNDER CONSTRUCTION: Michelle Wilcox, CEO and president of Crossroads Rhode Island, stands in front of the Summer Street Apartments project in Providence in 2024. It’s Crossroads’ five-story building featuring 176 single-bed residences for those who were previously homeless. 
PBN FILE PHOTO/MICHAEL SALERNO

One word has echoed around the residential real estate sector in Rhode Island for a while now and will continue to do so: affordability. It’s no secret that house sale prices and rents have been on a steady upward climb, pricing out many lower-income families. But in the 2025 Housing Fact Book, an annual publication

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