The January Pending Home Sales Index fell 7.7 % from December, 6.4% below January '08, the lowest level since 2001. In the Northeast the index dropped 12.7 % in January, 19.7 percent below a year ago. Lawrence Yun, NAR chief economist, said "We expect soft home sales in the near term, but buyers are expected to respond to improved [...]

We are excited to announce in our Client Services department that we have been chosen as Rhode Island's only MD Preferred real estate provider. Through our MD Preferred program, we are able to offer many benefits to the doctors and graduating physicians throughout Rhode Island. Our department, which already serves the professionals of Rhode [...]

Deep within the massive new stimulus plan are a few lines of text that could save American home buyers a pile of cash. According to the new plan, first-time home buyers who buy a home this year will be eligible to receive an $8,000 tax credit. This important change gives qualifying home buyers cash they do not have to pay back unlike the [...]

The Rhode Island Association of Realtors reported 164 Multiunit houses sold in January, two and a half times the number sold last January. Distressed properties accounted for 82% of the sales and drove prices down drastically. Distressed sales include foreclosures and "short sales," where a lender accepts less than what is due on a mortgage [...]

To show appreciation for their community, agents in our Barrington office have planned a full year of giving to charitable causes, "Open to Giving." Each month a charity is selected and the participating agents make a donation for each guest who visits their open houses for the month. We are very happy to be able to make a solid contribution [...]

Some of the regulations and filing requirements haven't been released, but the latest stimulus bill has eliminated the $7,500 tax credit and turned it into an $8,000 credit. Unlike the 7500 credit, the $8000 credit doesn't need to be repaid. To qualify for the $8,000 credit, you must earn less than $150,000 in adjusted gross income for [...]

We have renamed and rebranded "MY Residential" to "Property Alerts". Our ultimate goal is to improve the user experience. We hope Property Alerts conveys a greater Call to Action for our website users. Property Alerts is a [...]

The big news last week was the signing of the $789 Economic Stimulus Package. The original $15,000 credit has been scaled back to $8,000, but drops the repayment feature for buyers who hold on to their property for at least three years. Here are some of the other highlights in the bill that pertain to housing: [...]

The big news this week is the signing of the $789 Econmic Stimulus Package. The original $15,000 credit has been scaled back to $8,000, but drops the repayment feature for buyers who hold on to their property for at least three years. Here are some of the other highlights in the bill that pertain to housing: [...]

Despite spring actually being a month away, in the real estate market, February is the month when the first stirrings of the spring market are beginning to be felt. Spring in the real estate business, is like Christmas in the retail business: it is the most active time of year and the time of year when the largest number of sales occur. It [...]