NEWS & EVENTS
Struggling to cover rent or utility payments?
Rhode Island renters struggling to cover rent and utility payments due to COVID may qualify for up to 18 months of emergency assistance thanks to the new federal relief aid. …
Mandatory Insurance for Residential Landlords Starting January 1, 2022
Starting on January 1, 2022, owners who rent residential dwelling units must obtain a general liability insurance policy with minimum coverage of $100,000 to cover people who are injured in …
Important announcement from State-Wide Multiple Listing Service regarding the East Side of Providence
Please be advised that effective September 1st, 2021, State-Wide MLS will be removing “East Side of Providence” from the city list in Matrix. Why? The East Side of Providence is …
New Law Prohibits Spot Assessments
Your buyer clients close on a home. Several months later, they contact you because they receive a notice stating that the assessed value of their property and their property tax …
RECENT MARKET TRENDS
Out-of-state home buyers flock to R.I. in second quarter
August 3, 2021 — RI Realtors recently released second-quarter home sales statistics which show a marked increase in buyers from other states who purchased in the Ocean State. Out-of-state buyers …
R.I.’s housing shortage sees some relief in June
Warwick, R.I. – July 14, 2021 — The Rhode Island Association of Realtors released June sales statistics today which portray another double-digit, year-over-year increase in price. At $385,000, June’s median sales …
Realtors Report R.I. Housing Inventory Vanishing
Warwick, R.I. – June 16, 2021 – Double-digit appreciation continued in Rhode Island’s housing market last month. The median sales price of single-family homes rose to $365,000, an 18 percent gain since …
R.I. Home Prices Continue to Skyrocket in April
May 18, 2021 — Once again, the Rhode Island Association of Realtors reported an all-time high in Rhode Island’s monthly median sales price of single-family homes. April’s median price was $349,000, …