NEWS & EVENTS
Zillow Group to Acquire ShowingTime
Recently, ShowingTime announced that they’ve signed an agreement to eventually become part of Zillow Group, though they currently continue to operate as an independent company. ShowingTime put this FAQ page together to provide answers concerning data privacy, how this will affect you and more at https://www.showingtime.com/zillow. There is also a survey there that can be …
NAR Releases 2021 Snapshot of Race and Home Buying in America Report
Data reveals persistent minority homeownership gaps The National Association of REALTORS has released a report that highlights homeownership trends among each racial group in the last 10 years. The report also examines where most of minority homeowners are located and which areas are more affordable for these households. Additionally, using the NAR® Profile of Home …
There is Unity in Community
As we celebrate Black History Month, let us all work to shed a bright light on housing discrimination and enforce the tenets of the Fair Housing Act — that all people should have equal access to homeownership and the opportunity to build wealth no matter their race, background, religion, sex or other attributes. RI REALTORS …
Three Forms to Help You Get Paid
Have you ever been burned by a seller or listing broker who refused to honor a verbal compensation agreement? Rhode Island law requires a written contract or other form of writing in order to enforce the promise to pay a real estate compensation to a listing broker or cooperating broker. Use these three RIAR forms …
RECENT MARKET TRENDS
January housing market remains strong but out-of-state buyer interest wanes
Warwick, RI — February 18, 2021 – Single-family home sales continued to rise year-over-year according to January sales data released today by the Rhode Island Association of Realtors, though at a more moderate rate. The Ocean State saw a seven percent increase in sales compared to January 2020, following four months of double-digit growth. Sales were constrained …
R.I. housing market set to see continued strength
Warwick, RI –January 22, 2021 – The Rhode Island Association of Realtors released December and fourth quarter home sales statistics today, which portrayed skyrocketing activity in the Ocean State’s housing market at the end of 2020. The robust market pushed the inventory of single-family homes to new depths, leaving just a 1.4-month supply of homes …
R.I.’s housing market reaches new heights in 2020
Warwick, RI – January 15, 2021 — For obvious reasons, 2020 was one for the record books and housing sales certainly stood out among them. With more single-family home sales than ever before, Rhode Island’s housing market soared despite a worldwide pandemic and historically low inventory levels. Sales statistics released today by the Rhode Island …
REALTORS report surging single-family home sales
Warwick, R.I. – December 17, 2020 – Rhode Island single-family home sales continued to soar in November according to data released today by the Rhode Island Association of Realtors and its subsidiary, State-Wide Multiple Listing Service. Closing activity rose 26.4 percent from November of 2019 and the median price of those sales increased 11.4 percent to $323,000. …