News

Warwick, R.I. – March 19, 2026 – In February, a combination of weather, economic uncertainty, and the continued critical supply shortage, caused R.I.’s home sales to fall 13.6% year-over-year, according to a new report released by the Rhode Island Association of Realtors. Last month’s 349 single-family home sales signified the lowest number of monthly sales recorded since February 2011. Pending sales, those under contract but not completed by month’s end, fell by 4.8%.

Warwick, R.I. – The Realtor Foundation: Rhode Island and RIHousing today announced a new round of their RI Realtors Homebuyer Grant, with $50,000 available in down payment and closing costs assistance for Rhode Island families purchasing their first home. This additional program funding comes after a successful first round in 2025, which saw 49 families assisted in buying a home.

State-Wide Multiple Listing Service has adopted new rules and procedures to regulate equitable listings that will take effect in spring, 2026.  Before those changes take effect, it’s a good idea to familiarize yourself with this type of listing whether you are working with a buyer and/or seller.

 The real estate practice of wholesaling has been expanding and evolving in Rhode Island. The following explains what wholesaling is, how it works, and provides examples.

FinCEN, the Financial Crimes Enforcement Network, an arm of the U.S. Treasury, is mandating a nationwide reporting requirement that requires the individuals who own or operate trusts, LLCs, corporations, and other entities, upon “non-financed” transfers of residential real estate to provide personal information that the closing attorney will file with the federal government after the closing to deter  money-laundering.

Rhode Island’s housing market was off to a slow start in 2026, having experienced the lowest single-family home sales at the beginning of the year since 2011. With just 429 homes sold statewide in January, sales activity fell 7.3% from 12 months prior. 

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.