The home ownership market in Rhode Island is changing. We have gone from a seller's market with limited supply and appreciating prices to a buyer's market with an oversupply and lower prices. It is in fact a great time to buy, but many potential purchasers and some former homeowners have decided to rent or lease rather than purchase. The rental market is robust and there are a significant number of homes currently being rented. Supply of rentals is actually fairly good as some unsuccessful sellers are now renting their properties. Rents have actually gone up a bit as demand has been so strong. The good news is that there are many choices at most price points. When searching for potential rentals one can search our website:www.rihomesforrent.com or www.craigslist. If you want representation in the renting process, please give us a call. 401 884-1030. We are ready to work with you and find what you need.
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