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.
A new Whole Home Short-Term Rental Tax on short-term rentals of entire homes, cottages and condominium units will take effect on January 1, 2026 along with an increase in the local hotel tax. To learn more about these taxes and filing requirements, register for a free virtual webinar hosted by the RI Division of Taxation from 10 – 11:30 a.m. on Thursday, November 20th.
Warwick, R.I. -- November 10, 2025 – Crystal D’Agostino of Coventry, Rhode Island was recently selected as the 2025 Rhode Island Realtor of the Year. She was one of five local Realtor Association award recipients, all candidates for the statewide honor awarded annually by the Rhode Island Association of Realtors.
New Scam! Beware if you receive an email from someone who claims to be a buyer and sends you a zoom link to meet with them. When you click on the link, it tells you that your zoom is out of date. You click update and download a number of files. Those files are NOT from zoom. Do not click on them.
There are times when a member of the public or a real estate licensee may have concerns about the conduct of a real estate broker or salesperson. The Rhode Island Association of REALTORS® has created this guide about where complaints can be filed. The Rhode Department of Business Regulations regulates real estate licensees. If the licensee is a
Warwick, R.I. – October 20, 2025 – After falling year over year in July and August, sales activity of single-family homes jumped in September, rising 19.5% from September 2024. At the same time, the median sales price climbed 9.3% to $530,000.
A Rhode Island REALTOR® reported in mid-October that a Level III Sex Offender had visited her open house. Fortunately, another person was in the home at the time, so the REALTOR® was not harmed. After reporting the incident, the REALTOR® learned that the same offender had visited other womens’ open houses in southeastern Massachusetts.