Tag: Residential Real Estate
Feds to raise ceiling for home-sale appraisals
PROVIDENCE – For the first time in a quarter century, federal banking regulators are raising the minimal price for requiring appraisals on home sales.
Beginning...
R.I. home sales drop 13% in Sept.
WARWICK – The number of single-family houses sold in Rhode Island dropped by 13 percent in September, but prices increased under steady demand, according...
Prices for R.I. single-family houses rise 10% in May
WARWICK – Home values in Rhode Island jumped another 10 percentage points in May, over 2017, to a median price of $275,000, according to...
Report finds lack of affordability in rental apartments in R.I.
PROVIDENCE – A newly released report on the affordability of rental housing finds a persistent gap, nationally and in Rhode Island, between what people...
Narragansett oceanside property sells for $3.5M
NARRAGANSETT – The property at 404 Ocean Road has sold for $3.5 million, the highest transaction in the town since 2016, according to Mott...
The rest of the world finds value in R.I.’s high-end, coastal...
Once considered a hidden gem for luxury-home offerings, Rhode Island is gaining more attention in the high-end real estate market and attracting a more-diverse...
R.I.’s real estate market gets hotter
In the last week, Rhode Island was treated to good news on the residential and commercial real estate fronts, with one major caveat.
In its...
Median price, sales activity rise in R.I. for single-family homes, condos
WARWICK – Single-family home sales in Rhode Island rose marginally in November, while the median price of the transactions climbed nearly 6 percent.
The median...
Only the strong survive in R.I.’s merger-mad real estate sales market
Paul Leys in 2000 became co-owner of an independent real estate brokerage named for co-founder Gustave J.S. White, a prominent name in Newport since...
R.I. home prices in October up 12.7 percent
WARWICK – The sale of single-family homes rose in Rhode Island in October, as did the median sales price, but a steep decline in...