Residential Properties Ltd. recently completed the sale of 47 South Meadow Lane in Barrington for $1,315,000. RPL was proud to represent both sides of the transaction, with Kerri Payne serving as the listing agent and Rich Epstein as the buyer’s agent.
Nestled at the end of a scenic lane in desirable Rumstick Neck, this spacious home is set on five acres of waterfront property with direct access to Smith’s Cove. Offering over 4,000 square feet of living space, the home features an open floor plan with modern flare and unlimited potential. Several sunrooms, decks, and bright walls of windows provide the opportunity to sit back and enjoy breathtaking sunrises over the bay each morning.
The listing agent, Kerri Payne, has lived in the East Bay for over 15 years and recently received the 2016 Circle of Sales Excellence Gold Award from the Greater Providence Board of Realtors (GPBOR). She is a certified negotiation, relocation, and U.S. Military On The Move specialist. She is also an active member of the Barrington community, having served as PTO President for both the Nayatt and Hampden Meadows elementary schools, while also serving on the board for Arts Alive! and being an active member of the Barrington Yacht Club and Kendbrin Swim & Tennis Club. To learn more about Payne, please visit his website at KerriPayneRE.com.
The selling agent, Rich Epstein, has previously served as the President of the Greater Providence Board of Realtors and was named Realtor of the Year by the GPBOR in 2016. A licensed broker in both Rhode Island and Massachusetts, Epstein has been with Residential Properties Ltd. since 1999. As a Certified Buyer Representative and Relocation Specialist, Epstein provides service in all facets of real estate, from new construction to historic homes. To learn more about Epstein, please visit his website at RichEpstein.com.
For more real estate related information, please visit ResidentialProperties.com – recently ranked among the top 25 real estate sites in the entire country.
RISMedia recently released its 29th annual Top 500 Power Broker Report, listing Residential Properties Ltd. as one of the most successful real estate companies in the entire nation. Available online at rismedia.com, the report ranks residential real estate brokerage firms according to closed transaction numbers and closed sales volume for the year 2016.
Residential Properties Ltd. was the only company based entirely in Rhode Island to appear on the list, ranking #306 in the nation for sales volume ($789,129,644), as well as #392 in transaction sides (1,886). These totals were both company records for RPL, and propelled the company to be ranked #1 in Rhode Island for each category for the second consecutive year in the recently released Providence Business News Book of Lists.
In addition to appearing in the Top 500 Power Broker Report, Residential Properties Ltd. was also recently included in the Real Trends 500 for the fifth consecutive year.
To view market information, search current listings, or find a Realtor®, please visit ResidentialProperties.com.
The Rhode Island Association of Realtors has just released its January 2017 sales statistics, reporting a strong start to the year for the Rhode Island housing market.
Single family sales increased by 21% compared to January 2016. However, at the same time, inventory continued to drop with 13.2% fewer single family homes hitting the market.
This increase in buyer activity paired with such a low inventory of homes has propelled demand, making this an excellent time to put your home on the market if you have been considering a move.
Other statistics worthy of note were condominium sales, which shot up 31.3% from this same time period last year. Multi-family home sales stayed consistent with the overall trend, rising 20% from January 2016. However, multi-family pending and were both down which hints at lower sales moving forward.
For more information on the real estate market, local communities, and current listings, please visit ResidentialProperties.com.