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It’s a great time to sell in Providence, RI
http://www.mottandchace.hcom/market-insights/east-side-of-providence
With the inventory low in the Providence vicinity, now is an ideal time to list your home OR to think about listing your home. With only 117 homes currently on the market in the East Side area of PVD, the competition is minimal. Showcasing your home in the most flattering way possible, with the assistance of a Realtor and pricing your home at market value will put you in an advantagious corner within the selling and buying dynamic. With condition , price and location being the top three elements that determine property value, your home in the Providence area is bound to sell in a lucrative and timely fashion. With the cost of living in Boston continuing to escalate to an unreachable level, we at Mott & Chace Sotheby’s International Realty are seeing more and more clients coming to us to search for properties in RI from the Boston area. Those commuting to Providence for work from Boston are now looking to relocate in and around the Providence area. It truly is a very favorable time to list a home in RI. With our lengthened warm weather we add another positive element to the listing formula. Furthermore if the predictions for a warmer winter are correct, one really can postulate that listing one’s home in late fall or early winter is a move to definitely consider! Beating out the spring onslaught of new listings with a winter listing often can ellicit great returns to our sellers. The fact remains that if consumers are contemplating moving next spring they are beginning the process now. 90% will start online by researching communities they desire and then once selected they will start to peruse listings. In fact, statistics show that most consumers have been looking online for three weeks before they even contact a Realtor!!!! So getting your home market ready and listed as early as possible is always the goal, especially in this market of historically low inventory.
I can assist you in planning that listing and would love to do so! I’d be happy to meet with you to talk about your options and your home and its value. I’d love to share with you the incredible arsenal of marketing tools I have provided to me by Sotheby’s International Realty! With our focuse on extraordinary collaboration, use of competition to derive the most lucrative selling price possilble, our referral network and our incomparable marketing reach I am well fortified to sell your home!!! Plus I have an innate love of hard work and passion and determination in what I do! Please contact me via the form on this site to discuss further and I look forward to hearing from you !
Fun things to do this weekend in the Ocean State!
Summer time is in mid to late swing here in the Ocean State!!!
Come get a taste of Rhode Island this weekend at the Charlestown Seafood Festival or at the third annual Providence Food Truck and Craft Beer Festival being held at scenic India Point Park! Information on the food truck event can be found at www.eatdrinkri.com . Information on the Charlestown Seafood Festival can be found at www.charlestownchamber.com
Head down to River Glow on Saturday from 7-10 pm to Main Street in Westerly to check out floating bonfires illuminating the Pawcatuck River! Check out www.oceanchamber.org for more info.
Get some late summer beachtime at either 1st, 2nd or 3rd beach in Middletown, RI where the surf has been high and the waters clear as of late. It is a beautiful time to enjoy all that the Ocean State has to offer!!!
Small town living
Growing up in the town I now live in as an adult, mom and working professional has many, many benefits. Not only do I know the town and it’s history and it’s people but I’ve developed a love of the area that encompases a wide range of life experiences for me. My family is here. My cousins are here. Some of my best friends from high school are here. All of us sharing a unique bond that goes back years and year.
When newcomers move here and look at all the town features and amenities that I grew up with , they see them and view them in a different light. The stone wall along the river on Mathewson Road- that’s the stone wall we used to sit on as kids and feed the ducks, and later just ” hang out ” on as teens. That small beach at the end of Ferry Lane- a photo taking spot for many new to town, yet also a swimming spot for a bunch of us one warm summer night during my senior year at Barrington HIgh School . The tennis courts at Barrington High School…New and multiple in nature to many yet my memory from that spot is of the cracked, slightly bubbled set of courts I spend four incredible years playing on. The Barrington Beach- Now a site with a lavish bath house and landscaped surroundings with regular concerts played and food trucks visitng . For me it was the old, rocky “sanded” beach with old tires placed as the parking lot border and rarely a life guard on duty. Yet it was our beach. Our place to hang out, swim out to a boat and gather every July 4th for a huge fireworks show.
So for me, the everyday viewings those newer to Barrington take in, are seen by me , daily, in a different light. A light composed of framents of a lifetime of experiences. Happy, sad and all the in between. An appreciation for this town unique to those born and raised here. It’s a perspecitive of Barrington I treasure and one I lean on heavily now as a Realtor. My knowledge of this town and it’s inhabitants, it’s stores , it’s merchant owners and it’s families and neighborhoods helps me tremendously and is one that I savor. Each and every day..in my hometown of Barrington, RI. 🙂 Enjoy the road and savor that Rhode Island view!
National Stats to make us smile….
Here is some great national real estate statistics to send us all off sailing into the weekend!
~ New home sales are running 10 % above last year’s levels, existing home sales are 5 % higher.
~Homes are selling in just 45 days on average compared to 59 days at this time last year.
~The consumer confidence index shot up 10 points in March to reach 126- the highest level since December 2000!!!
So to steal a quote from a much loved Beantown movie …”How do ya like them apples?” !!! Here’s to keeping the wind in the proverbial real estate sails!!!
Snapshot of the Barrington Market on this beautiful May day
With closing price to list price ratio avering 96%, days on market lowering to 40 and average listing price at $479k now is a great time to list your home in Barrington, RI. In fact the median sale price the past 12 months in Barrington has seen a change of +14.7% !
Gains have also been seen on the buying end. With a record low inventory in March and April, the supply of homes in the East Bay is increasing daily. Today’s numbers reveal a “balanced marketplace” in Barrington with 6 months of inventory currently existing. Furthermore interest rates are remaining low , another factor which also behooves the buyer seeking a mortgage.
Homes priced competitively, at market value, are moving quickly. “Pending sale” signs are appearing all over town and that is true in markets across the state. It’s an exciting time to list a home and it’s a great time to purchase. Being a Realtor working with clients on both sides of the transaction is truly exhilarating and a challenge I so enjoy! Reach out to me if you would like to explore real estate opportunities within our beautiful Ocean State!
Enjoy this incredible weather while it lasts!
