Who is eligible for a Second Draw PPP Loan? An applicant is eligible for a Second Draw PPP Loan if it is a business concern, independent contractor, eligible self-employed individual, sole proprietor, nonprofit organization eligible for a First Draw PPP Loan, veterans organization, Tribal business concern, housing cooperative, small agricultural cooperative, eligible 501(c)(6) organization or …
Warwick, R.I. – October 15, 2020 – Single-family home sales transacted through State-Wide Multiple Listing Service reached a median price of $339,900 in September, the highest monthly median price to date. MLS reported a year-over-year increase in median price of 15 percent and a hike in sales activity of 18 percent. State-Wide MLS is the listing information …
Is “your” home inspector licensed? Since July 1, 2020, anyone who conducts a home inspection for a home or other residential property located in Rhode Island must be licensed as a home inspector or associate home inspector in Rhode Island. This includes home inspectors who are already licensed in other states like Massachusetts or Connecticut. …
Warwick, R.I. – June 15, 2020 – The median price of single-family homes sold in Rhode Island hit a new record last month. May’s price of $309,500 was the third time in a year that Rhode Island’s median sales price topped the $300,000 threshold. The flip side of that news was a 31 percent decline in sales …
Real estate offers new opportunities and challenges every day. The Rhode Island Association of REALTORS® [RIAR] is seeking leaders to help us embrace and navigate those changes. What: The RIAR Nominating Committee, which is Chaired by RIAR Immediate Past President Dean deTonnancourt, invites you to apply for one or more of the following offices: President-Elect, …
ASSISTANCE/SMALL BUSINESS LOANS Updated January 7, 2021 Paycheck Protection Program (PPP) Loans Who is eligible for a Second Draw PPP Loan? An applicant is eligible for a Second Draw PPP Loan if it is a business concern, independent contractor, eligible self-employed individual, sole proprietor, nonprofit organization eligible for a First Draw PPP Loan, veterans organization, …
Warwick, R.I. – April 10, 2020 … One month into the widespread effects of the coronavirus pandemic, statistics released today from RI Realtors indicate that despite impediments from COVID-19, single-family home sales rose slightly year-over-year in March and pending sales – those under contract but not yet closed – dropped negligibly, down .4 percent. The …
Updated 9/12/2020 Updates will be posted as they become available. Please check this page often. Find updated Unemployment Information on the RI Dept. of Labor and Training’s website at https://dlt.ri.gov/covid19/. FEMA has approved 5 additional $300 supplemental unemployment payments to unemployed Rhode Islanders. Claimants will receive an additional $300 per week for each of the …
On April 7, 2020, the Rhode Island Association of REALTORS® Executive Committee approved a revised COVID-19 Amendment. At the time that the original Amendment was written, town and city halls were closing, it was not clear whether critical government and business functions, such as smoke/CO inspections, title searches, closing, and inspections could take place or …
HUD, VA and USDA all have protocols in place for exterior appraisals. All three entities announced on Friday, March 27th, the ability for appraisals to be completed based upon exterior-only observations. This was critical to allow pending sales to move forward, and also critical to allow consumers access to credit with the very low interest …
