So the stage is set:
Thank goodness for the sparkly red shoes because there is no place like home...and they now have their new home and dreams for tomorrow.
My Charlestown RI home buyers have the key...well it is the old key and the locks are being changed right now. It is the waiting that can make you go stir crazy, take the joy (almost) out of home buying, and move in has not even happened yet! Oh, now they are smiling and excited...really it really is ours now?! What a range of emotion that can happen on closing day.
So this might be an ode to Buyers to Be and All I can say is many thanks to
thee, for bearing with the setbacks and delays all these months (since October). Hanging in there yielded a great home find ....so to the days ahead may they be of the unlike kind!
If you dream and appreciate how the sparkly red shoes can lead you home, give me a call at 401.529.7849 for home guidance expertise in the Charlestown RI area and beyond. Charlestown RI Home Buyers - Dreams and Sparkly Red Shoes.
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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Charlestown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.
The local real estate market shows signs of rising slowly as an increased interest in homes is demonstrated by showings and sales which continue to happen in the Narragansett real estate locale.
13 Narragansett homes were sold in January 2012, as follows:
1 waterfront home sold for over $1 million
7 homes sold over $400,000
3 homes sold for between $300,000-$400,000
2 homes sold for under $300,000
Average Home Sale Price in January 2012 was $496,403, homes sold on average for 90% of list price and were on the real estate market for 121 days on average.
Median Home Sale Price in January 2012 was $492,500, median price of homes sold was 93% of list price and the median days on market were 62 days.
There were 169 Narragansett homes for sale in January 2012 which was a 8 % decrease over the prior month(15 less homes for sale). Certainly the choice of homes in all price ranges are there for interested buyers. In the $1 million category, there are 35 Narragansett luxury homes for sale right now. The number of homes sold in January was 32% less than the number sold in December…. sales continue to fluctuate up and down in this waterfront Narragansett community.
No Narragansett short sales sold in January. There are two active Narragansett short sales on the market right now. RI short sales continue to grow in the various towns so working with the North Kingstown short sale agents can decidedly make the difference in a successful outcome with this process. Call me at 401.529.7849 if you want to discuss your housing financial options in a confidential manner.
Narragansett’s January pending home sales: 22 homes. It is remains a buyers market here. Spring is here and arriving with buyers looking for housing…so spruce up and primp the home…Interested in the RI real estate market and need guidance, call me at 401.529.7849 my real estate knowledge will guide you well. Narragansett RI 02882 Real Estate Market Report.
Another market report past post you may have missed:
Narragansett RI Real Estate Market Report for 2011.
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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Narragansett RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.
19 South Kingstown homes have been sold in January 2012, as follows:
3 homes sold over $400,000
7 homes sold for between $300,000-$400,000
9 homes sold for under $300,000
There were 207 South Kingstown homes for sale in January 2012 which was a 4 % decrease over the prior month which is a continued decreased in homes on the market. The decrease in home inventory is encouraging news for home sellers. The number of January's sold homes was equal to December’s sales and South Kingstown remains the strongest town in home sales in South County RI but it also has the most homes for sale.
The average home sale price was $294,631, homes sold for 93% of list price and were on the real estate market for 111 days in January 2012.
South Kingstown continues to have a good supply of homes for sale yet the waterfront South Kingstown homes for sale are selling slowly. The choice of oceanfront homes is there for the buyers who are discerning luxury RI home buyers and can see that choice property priced well is one of a kind to buy.
There are 24 homes in pending status in South Kingstown RI (pending sales are awaiting closing and are up by 3 homes over the prior month). Yet, the home absorption rate for South Kingstown homes for sale remains high and continues as a buyers market. Pricing is key to selling a home in this market. Many homes are selling over market price if the condition, location and price are nicely aligned and desired by buyers now.
No South Kingstown short sales closed in January.
Mortgage rates remain amazingly low for all home buyers! If you are seeking a South Kingstown home to buy or sell or interested in the RI Real Estate market, give me a call at 401.529.7849. I raised my family in South Kingstown, love the waterfront and know the value of homes and South Kingstown neighborhoods very well. South Kingstown RI Real Estate Market Report – January 2012.
South Kingstown Market Report for 2011.
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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the South Kingstown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.
Words I Love to Hear: Clear to Close. There is nothing better than the ring a linging of those three words.
When the buyers lender called me up today to let me know that we were good for a Monday morning closing. It is time for this Charlestown RI home for sale that is just right for these buyers.
This home has special meaning to me since these young buyers are buying a Freddie Mac foreclosed home that has taken 4 months to get to the closing table. THey are just waiting to move into their Rhode Island living home.
Nothing was easy about this home..from the inspection to the radon in the water to the bacteria in the well...Oh, it just went on and on. The buyers have work to do in this home but they have great expansion possibilities in the upstairs that has been all roughly finished for them. With 2 acres of land and low real estate taxes and just 10 minutes from town, they are planning their future with the words I love to hear: clear to close!!
We also are getting a present from the Bank I am told...not going to spoil it because it will definitely put the cabash on it at this point! Even with all the issues to get this sweet Charlestown RI home to closing, the REO agent and her team were very cooperative with getting things done (well I am a sweet talker) to please my buyers lender prior to closing. And we have no snow...shhh!
So I'm counting the hours with my buyers until we get there...lets see that is 123 hours and counting down....think I am a bit crazed by this point...oh no...this is how a North Kingstown real estate agent celebrates! Words I Love to Hear: Clear to Close.
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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the North Kingstown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.
People who Rather Rent then Buy Real Estate. Not everyone is meant to own a home to live in and
that is an acceptable fact. Some home buyers will never be able to get a mortgage, some people will stay living with mom and dad, some have gone through foreclosure and others rather throw their money away in rent!
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