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RI Real Estate Market Statistics For Single Family (March 1st 2017 - May 31st 2017)

What do we learn from this? In RI, we are in a sellers market. Many of RI real estate single family properties that are priced right end up in a bidding war. That is obviously good news for sellers and seller's agents. Buyers and their agents on the other hand are getting frustrated and for a good reason. Many buyers who take the time/effort to write an offer, end up in a bidding war with a few other buyers and that is obviously frustrating. At the same time, most sellers are naturally also buyers, since they need to buy their next home. In that sense, sellers are also frustrated for the same reason, placing offers on homes that are priced well and ending up in a bidding war. Tips for buyers

Office Location: 1240 Pawtucket Ave, 3rd floor, Rumford RI 02916. Tel 401-830-0831

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