Submitted by [deleted] t3_z5jk9b in providence
Status_Silver_5114 t1_ixwj3to wrote
Reply to comment by MUNCHB0X in Is it just me or is Rhode Island as a whole becoming grossly unaffordable? by [deleted]
It’s also November so there’s a lot Less on the market right now and lots of stuff has been sitting bc it’s either overpriced and/or the mortgage rates. The market should come down a tiny bit but there’s such won’t up demand don’t expect the numbers to drop much.
FunLife64 t1_ixwsf28 wrote
RI definitely has real estate seasons. I used to think that wasn’t really a thing anymore…but it is. People wait til the spring to list.
Status_Silver_5114 t1_ixwsl5c wrote
For rentals for sure!! Selling market dips in the NE after pctober. But PVd is town and gown time for sure.
FunLife64 t1_ixwtfco wrote
I was talking about sales. Most listings are spring/early summer. After July 4 it really slows.
Status_Silver_5114 t1_ixwtzyi wrote
I work in RE / there is also a fall market for sales. Everything went off a cliff this fall bc of mortgage rates. That’s unusual.
Status_Silver_5114 t1_ixwu567 wrote
Yes there’s a summer dip but there’s a spring and fall market.
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