Cranston|News|
RI Housing Affordability And Availability Report Card Is In
Realtor.com assigned letter grades to tell potential homebuyers what markets are best for affordability and housing availability.

Realtor.com assigned letter grades to tell potential homebuyers what markets are best for affordability and housing availability.

Although prices are slowing down, projections suggest prices for single-family homes could reach peak levels in April 2025.

A home is generally considered affordable if payments on a 30-year fixed-rate mortgage don't exceed 30 percent of pretax income, NBC says.
Providence-Warwick came in at No. 10 in the nation with an 91.81 real estate "hotness" score, according to the site.
The Providence metro area saw the second-highest year-over-year rent increase in the United States, according to a Rent Research report.
In the Providence metro area, home prices increased 13.2 percent from 2023 to 2024.
The fenced-in backyard has a pergola and patio, water feature with goldfish, and terraced green grass.
Enjoy a heated sun room, a modern kitchen, a new composite deck, and more.
Features include an in-ground saltwater pool, a spacious kitchen, hardwood floors, an oversized one-car garage, and more.
This lovely three-bedroom, one bathroom single-family home in desirable Garden Hills is the perfect place to call home.
Listed at $429,000,this house features a two-car garage, a fenced-in yard, an updated kitchen with quartz countertops​, and more.
The Providence-Warwick area was named among the top 25 real estate markets in the United States, according to Realtor.
The report shows an 8.3 percent year-over-year increase in median home sale prices in Cranston, Johnston, and the rest of Providence County.
Bill sponsor state Sen. Joshua Miller (D-Cranston, Providence), is a restaurant owner, who would also be affected if the bill becomes law.
Some of the nation’s most expensive markets saw year-over-year declines, but in more affordable markets, rental costs are growing fast.
Redfin ranks the 100 largest metros for which full data is available on how quickly demand and competition cooled during the past year.
A recently released report shows homes remain less affordable now than a year ago in 99 percent of U.S. counties.
Rep. Terri Cortvriend called the practice a "quiet form of redlining."
Under the current conditions, the number of single family houses for sale would be depleted in less than a month.
Qualified homebuyers in certain communities can receive $25,000 for the down payment and closing costs.
The median price for a single-family home in September was $385,000, down slightly from the month before.
National home prices have surged over the past year; the Cranston area was no exception.
National home prices have surged over the past year; the Cranston area was no exception.
National home prices are have surged over the past year; The Cranston area was no exception.
The average number of days a house stayed on the market dropped to half of that seen the year before.
The median price for a home in Rhode Island went up 18 percent year-over-year to $365,000.
Home prices are higher in the Cranston area recently. See how much.
Under the current conditions, the supply of homes on the market would run dry in just over a month. That number is usually five to six.
The fair market rent for a two-bedroom rental increased from the previous year.
Home prices are expected to stay elevated for the near future. They have increased in Providence County area.
The Rhode Island Association of Realtors reported that the median price for a single-family home went up 12.9 percent from last year.
The median cost for a single-family home in Rhode Island is now more than $290,000, a 17 percent year-over-year increase.
New data from Apartment List show the average one-bedroom apartment costs $967 per month.
A new report shows housing is unaffordable for typical workers in the nation’s largest counties, but Providence County is an exception.
Looking for a new house? Or just looking? Check out this property and others on the market in Patch's houses-for-sale listings.
Patch is in 19 Rhode Island cities and towns. There are 20 other municipalities. How did they rate on Niche.com's report card.
What sold in your neighborhood last week? Here's the list.
What sold in Cranston last week? Here's the list.
Busy week for home sales in Cranston last week, including six with sale prices above $350,000.