RI: Home Sales Dipped in April

April typically marks the beginning of the active spring season for Rhode Island housing sales. But this year, a series of factors ranging from the expiration of a federal tax credit to lousy weather has combined to depress the market when compared with the same month in 2010.

Figures released Wednesday by the Rhode Island Association of Realtors showed the number of single-family house sales in the state dropped by 26 percent compared with April 2010, from 671 to 492. For the same time frame, the median price of a single-family house dropped by 7.3 percent, from $205,000 to $190,000.

Massachusetts also reported gloomy housing figures for April, with sales down 20 percent over 2010, and median prices down 8.5 percent.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Full Story from Projo.com

Click here for gay realtors, mortgage lenders, and other real estate professionals in Rhode Island.

If you have a gay real estate story that you’d like to share with us, contact us at [email protected]