A new law — law21059 (state.ri.us) law21056 (state.ri.us) — that prohibits condominium associations from charging a fee or more than $125 for a resale certificate, went into effect on June 18, 2021.
Providence Journal, June 23, 2021 - Last year, housing sales soared, despite a pandemic that virtually shut down Rhode Island’s economy. A 2020 Rhode Island economic impact study released by the National Association of Realtors cited that the typical home sale infused more than $102,000 into the state’s economy and the real estate industry produced $10.8 billion, or 18%, of the gross state product.
Warwick, R.I. – June 16, 2021 – Double-digit appreciation continued in Rhode Island’s housing market last month. The median sales price of single-family homes rose to $365,000, an 18 percent gain since May 2020.
A new publication from Rhode Island Monthly, sponsored by RI REALTORS®, has been send to all REALTOR® clients from out of state that have bought property in Rhode Island in the last two years.