2024 Is A Record-Breaking Year for Home Sales End-of-year sales of single-family homes in Rhode Island soared,...

We saw mortgage rates fall over the summer in anticipation of the Federal Reserve’s September rate cut which helped spark sales in the third quarter. Since then, rates have climbed, so we’re seeing sales slow down a bit again in the fourth quarter despite another Fed rate cut in November. Read the blog for a Q3 Market Update and learn which data point to watch as an indicator of mortgage rate trends.

The value of single family homes and multis in RI just keeps going up and up! Single family homes increased in value...

The median price of single-family homes sold in the second quarter rose to $470,130, a 9.3% increase from a year...

The market is into Multis! This month’s RI real estate data shows that the median price of multifamily homes has...