Tag Archives: Providence

Housing inventory hits post-2020 high as unsold homes linger

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In November, active listings rose 0.5 percent month over month and 12.1 percent year over year, according to Redfin’s analysis. Continue reading →

Compass snags high-performing Rhode Island Sotheby’s team

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The Blackstone Team is based in Providence and closed more than $95 million in sales volume last year. The team’s move to Compass comes amid intense competition for top talent. Continue reading →

Bidding wars dip for first time in 2022 — but competition still fierce

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Agents still face tough conditions despite homebuyer competition, according to a new report from Redfin. Competition is slightly less tough. Continue reading →

The 10 hottest housing markets to watch in 2022

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The top U.S. housing markets for 2022 are mostly affordable tech hubs with outdoor recreational opportunities that have become attractive alternatives to pricier coastal markets of late. Continue reading →

Next year to be a ‘mixed bag’ for real estate: realtor.com report

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Recent inventory shortages may ease somewhat in 2022, but demand will probably still exceed supply and affordability will be challenging. Continue reading →

Annual apartment rent growth, occupancy hit new highs in July

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The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading →

Investor home purchases exceed pre-pandemic levels, hit record high

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Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading →

Love that pre-war architectural charm? Head to the East Coast

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Buyers can get pretty opinionated when it comes to a home’s age and architectural style. Here’s a breakdown of where the country’s oldest and newest homes are located, and everything in between. Continue reading →

Inventory insanity: Why are there no homes for sale in America?

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Inventory has been tight for a long time now, but this spring agents across the country are seeing something different — and more difficult. Continue reading →

Rents rise in suburban and rural areas, remain flat in urban centers

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Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines Continue reading →