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RHODE ISLAND ASSOCIATION OF REALTORS®, INC.

"The Voice of Real Estate in Rhode Island"
Serving Rhode Islanders Since 1948
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Press Release

Contact: Kerry Park
Ph: 401-432-6948
Email: communications@riliving.com

 

Press Releases - 2016

December 2016

Rhode Island Housing Market Still Soaring in November

Warwick, RI --- December 23, 2016… Home sales statistics released today by the Rhode Island Association of Realtors show that the state’s single-family home sales rose nearly 19 percent year-over year.  Despite a hike in foreclosure and short sales which typically lowers the median sales price, November’s median price also increased, rising 11.4 percent to $245,000. Full Story

November 2016

MEDIAN PRICE CONTINUES TO RISE IN RHODE ISLAND'S HOUSING MARKET AT THE START OF THE FOURTH QUARTER

Warwick, R.I., November 30, 2016 -- The median price of Rhode Island’s single-family home sales rose for the 12th consecutive month in October. A year-over-year gain of 4.6 percent resulted in a median sales price of $235,000, the highest seen in the single-family home market at the start of the fourth quarter since 2007.  Full Story

Brenda L. Marchwicki Installed as 2017 President of the R.I. Association of Realtors

Warwick, RI - The Rhode Island Association of Realtors has announced that Brenda L. Marchwicki, GRI, SRES, CRS, has been installed as 2017 President of the 4900-member organization. She is the Principal Broker and Owner of BisMarc Properties, LLC in Providence, Rhode Island. Full Story

State-Wide Multiple Listing Service Announces New Officers and Directors

Warwick, RI, November 8, 2016…Duane Boucher of Boucher Real Estate in Woonsocket, R.I., was reappointed to lead State-Wide Multiple Listing Service (MLS) as President for a second term in 2017. Mindy Lane of Keller Williams Realty in Cranston will serve as 2017 Vice President and Christopher Whitten of Premeer Real Estate in Johnston will serve as the 2017 Treasurer of the real estate information exchange service. Full Story

October 2016

REALTORS REPORT ANOTHER STRONG SHOWING FOR R.I.’S HOUSING MARKET IN THIRD QUARTER

Warwick, R.I. -- October 26, 2016 – The Rhode Island Association of Realtors reported that Rhode Island single-family home sales rose 10.2 percent in the third quarter compared to July through September of 2015, breaking all quarterly records for Realtor-assisted sales. Full Story

Pat Lenihan Chosen as the 2016 RI Realtor of the Year

Warwick, RI…October 26, 2016 -- The Rhode Island Association of Realtors (RIAR) has announced that Patricia Lenihan, Managing Broker of Coldwell Banker Residential Brokerage in East Greenwich, R.I. was chosen by her peers as the 2016 Rhode Island Realtor of the Year. Full Story

LOCAL REALTORS INDUCTED INTO OMEGA TAU RHO FRATERNITY

Warwick, RI, October 26, 2016…The Rhode Island Association of Realtors (RIAR) has announced that Arthur Yatsko of the Salisbury Agency in Warwick, R.I. and Joseph Luca of RE/MAX Preferred in North Providence, R.I. have been inducted into the Omega Tau Rho fraternity of the National Association of Realtors.  Membership in the honorary fraternity is represented by the Medallion of Service which is awarded as a token of the high esteem in which inductees are held by their fellow Realtors. Full Story

September 2016

Rhode Island Real Estate Sales Still Going Strong

Warwick, RI – September 23, 2016…Rhode Island’s single-family housing market continued its upward trend in August with year-over-year increases in completed and pending sales, as well as median sales price. Though sales volume reached new heights this summer, the rate of increase from the previous year has become more restrained according to data released today by the Rhode Island Association of Realtors.  Full Story

August 2016

July Home Sales Soar

Warwick, RI, August 23, 2016…Once again, home sales statistics released by the Rhode Island Association of Realtors showed Rhode Island’s latest monthly sales volume eclipsing all records.  Eleven hundred and forty (1140) single family homes sold in July, with a median sales price of $262,500.  Full Story

July 2016

Rhode Island Housing Housing Market Continues to Break Records in Second Quarter

Warwick, RI – July 28, 2016... Rhode Island’s housing market continued to break records with more single family homes sold during the second quarter than in any other quarter since record keeping began in 1986. Full Story

Rhode Island Housing Market Ahead of Last Year in June but Beginning to Moderate

Warwick, RI, July 26, 2016…The Rhode Island Association of Realtors released June home sale statistics today which showed moderating activity, though sales remained above the level of 12 months earlier.  Full Story

June 2016

R.I. Association of REALTORS® Donates First Aid Cart to Boys & Girls Club of Newport County

Warwick, RI, June 29, 2016... Representatives of the Rhode Island Association of Realtors presented a first aid cart to the Boys & Girls Club of Newport County today at Camp Grosvenor in Saunderstown, R.I.  The vehicle will be used to transport ill and injured campers on the camp's 95-acre site. Full Story

Rhode Island Home Sales Remain Brisk in May

Warwick, RI, June 22, 2016… With 986 single family homes sold in Rhode Island last month, May marked the 18th consecutive month of increased year-over-year sales.  Sales activity rose nearly 19 percent compared to May, 2015, while the median sales price rose 5 percent to $239,000. The statistics were released today by the Rhode Island Association of Realtors. Full Story

May 2016

Rhode Island Home Sales Up 35 Percent in April 

Warwick, RI, May 20,2016... On the heels of record-breaking activity in the first quarter, the Rhode Island Association of Realtors reported that Rhode Island’s housing sales remained strong in April.  Association data portrays a 34.7 percent year-over-year gain in single family home sales activity last month. April’s median sales price rose 21.4 percent to $241,000. Full Story

April 2016

R.I. Single Family Home Sales Break Record in First Quarter

Warwick, RI, April 27, 2016…According to sales statistics released by the Rhode Island Association of Realtors, Rhode Island experienced the busiest first quarter in the single family home market since record keeping began in 1986.  With 1906 sales from January through March, 2016’s first quarter sales beat the record set in the first quarter of 2005 of 1825 sales.  Full Story

Solid Start to Rhode Island’s Spring Housing Market 

Warwick, RI, April 25, 2016…Home sales activity in Rhode Island continued to heat up in March.  The number of single family homes sold increased 23 percent, compared to March, 2015, and the median sales price rose nearly 12 percent to $230,000.  According to statistics released by the Rhode Island Association of Realtors, 750 sales were transacted last month resulting in the busiest March on record in more than a decade.  Full Story

March 2016

Home Sales Soar in February 

Warwick, RI, March 22, 2016… Rhode Island’s housing market showed strong year-over-year gains in February with the number of single family homes sold rising 24 percent from February, 2015. The median sales price increased nearly 12 percent to $217,300.  The statistics released by the Rhode Island Association of Realtors today told a story of a robust market that shows signs of continuing well into spring. Full Story

February 2016

RI Housing Market Starts Out Strong in Beginning of Year

Warwick, RI, February 24, 2016…The strength of the single family home market continued to increase in January with median price climbing nearly ten percent from 12 months earlier and the number of sales rising just under two percent according to the Rhode Island Association of Realtors.  Full Story

January 2016

Rhode Island’s 2015 Home Sales Activity Highest in More Than a Decade

Warwick, RI, January 27, 2016… Rhode Island’s housing market saw the largest volume of single family homes sold last year since 2004, with 9782 sales, and the highest median sales price since 2008.  Year-over-year sales activity rose 10 percent and median price increased five percent from 2014, to $225,000.  Full Story

 

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