Things are looking up! This past January was the busiest on record since January 0f 2004. Single family home market’s median prices rose 10% from the same time period last year.
“Despite the fact that the Federal Reserve hiked interest rates, mortgage rates actually fell to historically low levels. A combination of those low rates, good affordability in general, and less onerous lending requirements, are bringing buyers back into the market in droves.”, said Arthur Yatsko, president of the Rhode Island Association of Realtors.
For the most up-to-date real estate information and real estate listings in Rhode Island visit http://www.albertrealtors.com
Albert Realtors 1050 Reservoir Avenue, Cranston, RI 02910 401-944-3377