News

Warwick, R.I. – December 18, 2024 – The Rhode Island Association of Realtors released November sales statistics today showing a 3.5% rise in year-over-year sales activity and a 17.6% increase in pending sales expected to close in the coming weeks. This year, monthly sales have risen year-over-year for six months, in contrast to falling every month from January 2022 to January of this year. Inventory has increased from the prior year each month since April, which has helped spark sales.

Starting on January 30, 2025, a new law will prohibit anyone but a licensed electrician from opening electrical panels; and performing other inspections that home inspectors have been required to perform, such as inserting a receptable tester into a wall plug.