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Katy’s Bottom Line: Real Estate Market Snapshot, February 2025

Katy’s Bottom Line: Real Estate Market Snapshot, February 2025

Rhode Island’s housing market is off to a competitive start in 2025, with rising prices and a limited supply of homes driving demand. Single-family home prices are up, condos are seeing rapid growth, and multifamily properties remain steady with rising values. Whether you’re buying or selling, understanding these trends is key to navigating today’s fast-paced market. Read the full update to stay informed!

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Katy’s Bottom Line: RI Real Estate Market Update, Q3 2024

Katy’s Bottom Line: RI Real Estate Market Update, Q3 2024

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.

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