Governor Dan McKee and Housing Secretary Deborah Goddard have announced the Housing 2030 Entry Level Homeownership Program, through which the Executive Office of Housing (EOH) is hereby allocating up to $20 million dedicated to affordable homeownership opportunities for low- to moderate-income households.
Warwick, R.I., January 22, 2025 – Rhode Island’s housing shortage showed little improvement from December 2024 to December 2025, contributing to sustained price increases. Though the month closed out with a 13.7% increase in the number of single-family homes listed on the market since December of last year, pent-up demand continued to deplete available inventory...
Jan. 13, 2026 Update: CONVEYANCE TIER 2 TAX THRESHOLD INCREASED TO $824,000 IN 2026
The Rhode Island Division of Taxation has announced that the 2026 Real Estate Conveyance Tax Tier 2 threshold, effective in 2026, is $824,000. More information is available in Advisory 2026-01.
Warwick, R.I. – December 18, 2025 – Today, the Rhode Island Association of Realtors released sales data that reflects a slowdown in residential single-family home sales in November compared to 12 months earlier, while median sales price continued to rise.
Are you ready for short-term rental laws that will go into effect on January 1, 2026? Here’s a recap of new laws that apply to rentals of 30 days or less that are offered on a hosting platform like Airbnb, VRBO, or a brokerage website.
Are you thinking of forming a limited liability company or corporation as a real estate salesperson, associate broker or team? Before you file, make sure that you comply with these Rhode Island real estate regulations.
When listing properties in the MLS, accurately identifying whether a home is a condominium (condo) or a planned urban development (PUD) is crucial for compliance, marketing, and financing purposes. While the two can look similar on the surface, they differ significantly in ownership structure and legal classification. Check out this brief summary of the differences.
In October, single-family home sales in the Ocean State dropped 6.6% from 12 months earlier and pending sales, a strong indicator of sales activity ahead, dropped 11.4%. The sales data, released by the Rhode Island Association of Realtors showed supply remained unchanged. Based on October’s rate of sales, the current housing inventory would be exhausted in just 2.8 months without any new homes coming onto the market. At $505,000, October’s median sales price rose 4.1% year-over-year.
The Rhode Island Association of Realtors announced its new slate of 2026 officers. Michael Pereira of June Realty in Providence, R.I. will lead the 6000-member organization as President.
Did you know that NAR's October 2025 Monthly Housing Market Trends Report pointed to Hartford, Chicago and Providence as the three metros that have recovered the least since the COVID-19 pandemic? RI REALTORS® is gearing up to push progress on this and other important issues that state officials will face at the State House next year and we're looking for members to help.