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.

~~~~~~~~~~~~~~~~~~~~

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.

~~~~~~~~~~~~~~

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.

The Accredited Staging Professional (ASP) Course from Stagedhomes.com (www.Stagedhomes.com) - the industry leader in Home Staging Training - is coming to RHODE ISLAND MARCH 12-14 (M-W).

This class is being offered for both Realtors and Home Stagers that would like to earn both a professional Accreditation and Designation for Home Staging. An ACCREDITATION is the highest form of Training in the Staging industry!

Realtors attend the first 2 days and learn about Home Staging as a listing and marketing tool, as well as things they can do to help their own clients prepare their houses for sale. They become members of the International Association of Home Staging Professioanls (IAHSP) - the only professional association that serves only Home Stagers and the Home Staging industry, and has standards of membership that begin with education. No other association has educational standards prior to joining - this sets IAHSP apart with our standards of quality, ethics and excellence. Since 1998 IAHSP has set the standards of excellence in the real estate and Staging industry and no other group has the longevity, integrity and history that IAHSP provides.

Realtors licensed in Rhode Island receive 6 education hours for this class.

Professional Stagers attend for 3 days and learn about the real estate industry and how to work with Sellers and Realtors for business, as well as how to establish, manage, market and maintain a successful Home Staging business. They become members of the International Association of Home Staging Professionals (IAHSP) the only professional association founded in education and excellence standards, for the Home Staging industry.

ASP graduates also receive access to the Staging University, the largest online resource for Home Staging success and is a private resource available only to ASP graduates.

This class is taught in a LIVE classroom setting with a Trainer that has actual success and knowledge related to Home Staging and real estate. All questions are answered and you have ongoing support from a real person that cares about your success after you graduate. The hours you receive are the equivalent of a college semester course with 24 hours of Stager education and 16 hours of Realtor education.

Only Stagedhomes.com has over 13 years of training history, and is based on nearly 40 years of experience by the Creator of Home Staging, Barb Schwarz.

If you would like to become trained as a professional Home Stager, enroll now to receive the only legitimate Accreditation available for Home Staging in a live classroom forum. An Accreditation is the HIGHEST form of training in the Home Staging industry.

If you are a Military Spouse - you can enroll in this course under the MyCAA Program. Click here to find out more: http://www.stagedhomes.com/public/MyCAA.php

Go to www.Stagedhomes.com for information including a course comparison spreadsheet that will give you an entire summary of the most imporant things to consider when getting training, and how our ASP Course stacks up to others that are offered. https://www.stagedhomes.com/PDF/COURSE%20COMPARISON%20SPREADSHEET-SHC%20ONLY.pdf

to Register for E. GREENWICH, RI: http://www.stagedhomes.com/training/registration/rhode-island/east-greenwich/?id=81

If you have any questions you can contact Stagedhomes.com at 800-392-7161 Save $$ off your tuition as an ASP Home Stager or ASP Real Estate Agent by using special codes found online when registering.

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.

~~~~~~~~~~~~~~~~

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.