real estate prices http://ripr.org en Most Significant Decline In Rhode Island Home Sales In Over Two Years http://ripr.org/post/most-significant-decline-rhode-island-home-sales-over-two-years <p>The Rhode Island Association of Realtors says home sales were down eleven percent in the state during during November as compared to 2012.</p><p>The Realtors' Association says the decline in sales was the most significant lull in the past thirty months.</p><p>They say sales were likely down thanks in part to the federal government shutdown in October, and rising interest rates.</p><p>However, the median home price in Rhode Island was up three percent at $201,000.</p> Tue, 07 Jan 2014 18:45:48 +0000 John Bender 27325 at http://ripr.org Government Shutdown Creating Some Obstacles For Homebuyers http://ripr.org/post/government-shutdown-creating-some-obstacles-homebuyers <p>The partial government shutdown is proving to be a problem for some American home buyers.&nbsp; Most lenders require income verification through the IRS.&nbsp; The verification requirement is problematic because most IRS functions have been suspended.&nbsp;&nbsp;</p><p>Victoria Doran, president of the Rhode Island Association of Realtors, says it hasn&rsquo;t caused a logjam yet but will if the government shutdown continues much longer.</p> Mon, 14 Oct 2013 13:02:50 +0000 Flo Jonic 23178 at http://ripr.org Good Signs for Ocean State Housing Market http://ripr.org/post/good-signs-ocean-state-housing-market <p></p><p>Rhode Island’s real estate market is roaring back to life. Home prices rose by double digits in February.</p><p></p><p></p><p>If you’ve been holding back putting your home on the market because of depressed prices, it might be time to re-think that decision. The Rhode Island Association of Realtors says home prices rose 12 percent between February 2011 and February 2012.&nbsp; The median price increased from $170,000 to nearly $190,000. It was the fifth consecutive month of price gains.</p> Fri, 29 Mar 2013 12:29:21 +0000 Flo Jonic 12767 at http://ripr.org Providence Given Thumbs Down for Housing Investors http://ripr.org/post/providence-given-thumbs-down-housing-investors <p>Providence has been named one of the most dangerous markets for real estate investors.&nbsp; HomeVestors of America along with Local Market Monitor has ranked 38 markets as "dangerous"&nbsp; for those looking to buy homes as rental properties.&nbsp; Providence ranks number-26 and is the largest city on the list.<br><br>HomeVestors President Ingo Winzer says cities with a “dangerous” rating have a combination of high unemployment or weak job growth as well as falling, or weak, home prices. &nbsp;<br> Thu, 21 Mar 2013 11:59:03 +0000 Lydia Rogers 12299 at http://ripr.org The Bottom Line: Surging home sales http://ripr.org/post/bottom-line-surging-home-sales <p>(PROVIDENCE, RI) Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday it looks at business news and themes that affect local business and the public.</p><p></p> Fri, 04 Jan 2013 22:46:12 +0000 Dave Fallon & Mark Murphy 7204 at http://ripr.org The Bottom Line: Surging home sales