Realtor of First Resort.

Not last resort no less…no this is a short quip of a story about buyers who turn to their realtor of first resort…WHY? Their hard wired

Ginny Lacey Gorman - Call her at 401-529-7849!

smoke detectors were going off in their newly bought home. It seems they had a brand new wood stove installed in their home and the wood stove company forgot to tell them about the ‘curing’ process a wood stove goes through. See smoke was coming from the finish of the stove.

Charlestown RI 02813 Real Estate Market Report - January

Nothing like Charlestown RI waterfront to enjoy

11 Charlestown RI homes have been sold in January 2012:

1 waterfront Charlestown RI home sold for over $1 million

2 homes sold for over $400,000

1 home sold between$300,000- $400,000

7 homes sold less than $300,000

There were 97 Charlestown RI homes for sale in January 2012 which was another decrease over the prior month (3 less homes for sale). This is the fifth month of a decline in real estate inventory in homes for sale. One less home sold this past month over December.

The numbers of Charlestown RI homes for sale, price range of homes sold and real estate market trends month to month (such as at Quonnie) are shared here. From West Beach to East Beach to the Ninigret neighborhood of homes there are many great locales here to view and buy. Decide which side of Route 1 you want to be on because it does make a difference in the price of a home!

Average Charlestown RI Home Sale Price in January 2012 was $406,545, homes sold on average for 95% of list price and were on the real estate market for 194 days on average.

Charlestown RI continues to have a good supply of homes for sale and the oceanfront and ocean view Charlestown RI homes for sale. However, the current absorption rate for the homes on the market is 9 months and remains a buyers market. When inventory levels are at a 6 month home absorption rate, it is considered a balanced market.

There were no Charlestown RI short sales that closed in January. There are 3 short sale Charlestown homes on the market right now for buyers.

21 Charlestown RI pending home sales awaiting closing in January. Pending sales are up by 3 homes over the prior month and that is a good sign for sellers as buyers become more active.

When you have white sand beaches, serene and quiet living and low property taxes, it is a wonderful draw for buyers all around New England and beyond. Come and visit! If you are smitten with this locale and surrounding areas, reach out to me for representation that protects you in the home buying or selling real estate process at 401.529.7849 today. Charlestown RI Real Estate Market Report- January.

Catch up on last year’s market report: 2011 Charlestown RI Market Report.

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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.

Charlestown RI Home Buyers - Dreams and Sparkly Red Shoes.

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.

Smiling Charlestown RI Home buyers Now

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.

Freddie Mac Love Note

So this might be an ode to Buyers to Be and All I can say is many thanks to

RI Real Estate Lawyer- He Delivers!

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.

Narragansett RI 02882 Real Estate Market Report –January 2012.

Remember the Warm Days of Summer on Narragansett Beach

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

Narragansett RI Home Sales by Price Ranges- January 2012

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.

South Kingstown RI Real Estate Market Report - January 2012

South Kingstown Real Estate is at the Beaches too!

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.