News

The Rhode Island Association of Realtors has announced that Bryant C. Da Cruz, of Century 21 Guardian Realty in Wakefield, R.I., has been elected president of the nearly 6500-member professional association. The Association also announced four other new officers who will serve for a one-year term: Sally Hersey of Williams and Stuart Real Estate, President-elect; Christopher Whitten of Premeer Real Estate, Vice President, Thomas Sweeney of Sweeney Real Estate and Appraisal, Treasurer; and Michael Pereira, of June Realty, Secretary.

A year ago, Rhode Island’s housing market began to wane amid news of rising mortgage rates and continued low inventory. One year later, sales are still declining, while the median price of homes continues to rise year-over-year. However, third-quarter home sales data recently released by the Rhode Island Association of Realtors shows sales activity has declined significantly, while appreciation in the median sales price of homes sold has weakened, the median price itself remains above that of the third quarter of last year.

The Rhode Island Association of Realtors has announced that Agueda Del Borgo and Chris Whitten have been inducted into the Omega Tau Rho fraternity of the National Association of Realtors. Membership in the honorary fraternity is represented by the Medallion of Service which is awarded as a token of the high esteem in which inductees are held by their fellow Realtors.

The Rhode Island Association of Realtors (RIAR) announced today that Michael Pereira of June Realty in East Greenwich, R.I. was chosen by his peers as the 2022 Rhode Island Realtor of the Year.

Two New RIAR Forms Releasing November 2022 –Solar Addendum and Blank Addendum

Changes to existing RIAR forms are set to take effect in November 2022. Here's what to watch for:

If you're listing a new property into "Coming Soon" in Matrix, please refer to this checklist first:

The number of single-family homes sold last month in Rhode Island plummeted 20.2% from 12 months prior. According to a report released by the Rhode Island Association of Realtors and its subsidiary State-Wide Multiple Listing Service, the median price of those sales rose 8.1% to $416,000 from $385,000 in September 2021.

October 4, 2022 -- You may have read on social media that a man who claims to be from Massachusetts has been harassing REALTORS® and at least two sellers with odd behavior.  Unfortunately, due to the nature of the real estate profession,  REALTORS® will sometimes encounter members of the public are strange or even dangerous.  Here are some tips to protect yourself.

Please be advised that the Rhode Island Department of Business Regulation Statewide Short-Term Rental Registration is NOW open. Registration will be required by January 1, 2023.