All News

Category:
Friday, April 29, 2022

New Team Disclosure Requirements and Forms

By Monica Staaf

When consumers work with a team, they may assume that all team members represent them, even though that may not be true. To help consumers better understand their relationship with individual team members, the Department of Business Regulation has approved the following regulation:

Read More

Thursday, April 28, 2022

R.I.’s home supply drops further in first quarter

By RI REALTORS

Warwick, R.I. – April 28, 2022 – The $375,000 median price of single-family homes sold in Rhode Island from January through March represented a 13.7% increase from the same time last year. In a statement released today, the Rhode Island Association of Realtors also noted another sharp drop in year-over-year inventory in the first quarter.

Read More

Thursday, April 28, 2022

Are you aware of the new appraisal guidelines?

Are you aware that appraisers are now required to use the Square Footage-Method for Calculating: ANSI® Z765-2021 (American National Standards Institute®) Measuring Standard for measuring, calculating, and reporting gross living area (GLA) and non-GLA areas of subject properties for appraisals requiring interior and exterior inspections with effective dates of April 1, 2022, or later on loans sold to Fannie Mae. 

Read More