MARCH has arrived, Spring is just around the corner, we “spring forward” next Sunday (March 13), and housing values are up! If you have been wanting to sell your home but waiting for prices recover, your time may have come! Would you like to know what your home is worth in today’s market? Contact me! I’m at your service!
A shortage currently exists in home for sale in southeastern Rhode Island! At this time of year we usually see a market of 800-900 homes on the market. As of early March, there were only 758 active listings. This translates to a 7-month supply, which is the lowest we’ve seen in years. For this reason, homes are appreciating, up about 7-1/2% over the past year.
You home may have appreciated significantly, and there are many buyers out looking for homes right now.
If you want to put your home on the market, be sure you use a REALTOR®. If you want it to sell, call RE/MAX! Nobody sells more homes than RE/MAX REALTORS®. In Rhode Island, RE/MAX REALTORS® make up 10% of the total number of REALTORS®, but we sell over 22% of the homes.
Steve Larson, REALTOR®
REALTOR® of the Year
Certified Residential Specialist (CRS)
Accredited Buyer Representative (ABR)