Filing short-term rental tax returns – free presentation on February 26th
Monday, February 01, 2016
Filing short-term rental tax returns – free presentation on February 26th - Do you own, rent, or manage vacation or other short-term rentals? By now, you’ve heard that state law requires the owner or manager to collect hotel and sales taxes on all rentals of thirty days or less. But do you know how to comply with the filing requirements and complete the forms?
Rhode Island’s 2015 Home Sales Activity Highest in More Than a Decade
Wednesday, January 27, 2016
Rhode Island’s 2015 Home Sales Activity Highest in More Than a Decade - Warwick, RI, January 27, 2016… Rhode Island’s housing market saw the largest volume of single family homes sold last year since 2004, with 9782 sales, and the highest median sales price since 2008. Year-over-year sales activity rose 10 percent and median price increased five percent from 2014, to $225,000.
November Home Sales Activity Up in RI Housing Market
Tuesday, December 22, 2015
Warwick, RI, December 22, 2015...Year over year gains in sales activity in Rhode Island’s single family home market were reported by the Rhode Island Association of Realtors today. Both closed sales and sales under contract rose by double digit amounts in November.
Rhode Island's Housing Market Stays Strong in 3rd Quarter
Thursday, October 29, 2015
Rhode Island's Housing Market Stays Strong in 3rd Quarter - Warwick, RI, October 29, 2015... It was a busy third quarter in Rhode Island’s housing market according to sales statistics released by the Rhode Island Association of Realtors. Home sales activity was significantly greater than the third quarter of 2014 and homeowners saw solid gains in price appreciation.
Plan to replace cesspools within 12 months after closings planned for January, 2016
Wednesday, October 07, 2015
Plan to replace cesspools within 12 months after closings planned for January, 2016 - Warwick, RI UPDATED 10-7-15...Legislation was approved during the last legislative session that will require property owners to replace cesspools with a septic system, denitrification system where required, or other type of on-site wastewater treatment system - or connect to sewer where available - within 12 months of the sale or transfer of real estate.
ALERT: Sophisticated Scams Targeting Real Estate Transactions in RI
Wednesday, October 07, 2015
ALERT: Sophisticated Scams Targeting Real Estate Transactions in RI - Warwick, RI, October 1, 2015…A Rhode Island real estate broker has reported a particularly sophisticated wire scam. A scammer hacked an agent’s email, monitored transaction information and then sent emails using the agent’s email address to buyers instructing them to wire funds to the broker’s escrow account.
New Mortgage Procedures in Effect October 3, 2015
Thursday, October 01, 2015
New Mortgage Procedures in Effect October 3, 2015 - Homebuyers take note: On October 3rd, the Consumer Finance Protection Bureau will impose new rules on lenders to protect borrowers from certain last-minute changes to their loan and closings costs. Lenders must provide consumers with a combined loan estimate form with all closing charges, fees and line items three business days before a closing. If the lender fails to do so, the closing must be delayed and the lender may face penalties.
Rhode Island’s Housing Market Solid Near Summer’s End
Monday, September 21, 2015
Rhode Island’s Housing Market Solid Near Summer’s End - Warwick, RI, September 21, 2015…The Rhode Island Association of Realtors reported that single family home sales increased from the prior year for the ninth consecutive month in August, the longest running uptick in sales activity since 2012.
Housing Momentum Remained Strong in July
Monday, August 24, 2015
Housing Momentum Remained Strong in July - Warwick, RI, August 24, 2015... Rhode Island’s single family homes sales increased 14 percent in July from 12 months earlier while the median price of those sales rose 10 percent to $239,000. The monthly housing data released today by the Rhode Island Association of Realtors also show a 16 percent increase in the number of homes under contract compared to the same time period last year.
Realtors Release Sales Statistics Showing Strong Second Quarter in Rhode Island’s Housing Market
Wednesday, July 29, 2015
Realtors Release Sales Statistics Showing Strong Second Quarter in Rhode Island’s Housing Market - Warwick, RI, July 29, 2015... The Rhode Island Association of Realtors released sales statistics today from State-Wide Multiple Listing Service, an association subsidiary which tracks all Realtor-assisted sales. The data relayed a Rhode Island housing market that continues to gain momentum. Home sales activity and median sales prices rose in the second quarter from the previous year.