East Providence, RI Real Estate News

By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
   4 Bedroom Homes For Sale in East Providence, RI   Currently there are 24 homes on the East Providence market with 4 bedrooms. Prices range between $99,000-$374,900. East Providence, RI consists of the neighborhoods of Riverside to the south and Rumford to the north. East Providence is a suburb of the capital city Providence, and is about 10 minutes east of Providence.  The real estate market is strong as most houses are on the market for less than 98 days. East Providence, RI is experiencing a balanced market with roughly 4 months of inventory. Prices are rising about 4% annually. This is good news for sellers. For buyers we are seeing more inventory in the last month than over the winter. Interested in other properties in East Providence, RI?  
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
The East Providence RI Market Has Blossomed!   Yesterday I wrote a blog about the Riverside, RI real estate market heating up. Being that it is the first day of Spring today's blog is about the East Providence 02914  real estate market and how it has blossomed. I noticed that there are new homes for sale signs popping up all over town..just like spring flowers.   Sellers are realizing that now is the time to pick up that phone and schedule an appointment with a Realtor to get your home on the market, quick.  Buyers, after this snowy winter; are looking forward to more inventory to be coming into the market giving them more choices of homes to choose from. As a local resident of East Providence/Riverside I know the market well. I'm telling all my sellers now is the time to list. This Sp...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
The Spring Market is Heating Up in Riverside, RI 02915   Spring begins tomorrow and the Spring market is heating up in Riverside, RI. Even though there is still talk of more of that horribly dreaded "white stuff" coming next week. Just last week I noticed for sale signs popping up like daffodil's. This was a especially cold, snowy winter for Rhode Island. There was slim pickin's for buyers looking between November and February, but that's all changing. With the promise of warmer weather and greener grass comes the desire for sellers to finally put their homes on the market. It's apparently that those sellers have talked to their real estate agents and understand the importance of getting a "jump" on the Spring market. Just this week I received 3 phone calls and have scheduled 3 listing...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
January 2014 Housing Market For Riverside, Rhode Island 02915     Happy New Year! 2013 was a great year for the Riverside Rhode Island housing market. Let's see where we are at the beginning of 2014. Currently, there are 22 properties listed for sale with prices ranging between $75,000 to $450,000. The median estimated home value in Riverside, RI is $174,420 which is slightly lower than the median estimated home value for all of Rhode Island which is $217,150 The median listing price in Riverside, RI is $177,500. Compared to all of Rhode Island being $225,000. Days on the market are at 120 days in Riverside compared to 162 days for all of RI. Days on the market are down -17% from this time last year in 2013 for Riverside compared to -8% for all of Rhode Island. Overall, Riverside, RI as...
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By Rita Danielle Steele
(Steele Realty Consultants International )
“We have to keep them all,” my 8-year-old self demanded. My mother, slightly exasperated and attempting to get my bedroom packed up into boxes for moving day, sighed tiredly. “You have plenty of books. And you have already read these ones.” Adamant, I informed her: “When I grow up I am going to own a library with lots of books. So we have to keep them until then.”    My mother will tell anyone we know embarrassing stories of the youthful beginnings of my overconfident ambitions. We never could have guessed that I would get that particular proclamation right. (I can however concede that I am probably never going to be a Supreme Court Judge, a geneticist or an astronaut).    The Library plan was a long forgotten childhood memory until earlier this year. I was finally home after a particul...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
Fall 2013 Housing Availability in Riverside, RI 02915 It's early October in Riverside, RI and the leaves are starting to turn their brilliant colors of yellow, orange, and red. Normally, this time of year homeowners are preparing their homes for winter and decorating for the holidays. The real estate market begins to slow and less homes come on the market. Those homes that do stay on or enter the market are motivated sellers. Here's a snapshot of what the Fall Housing Market is looking like for Riverside, RI. 67 single family homes available ranging from $599K to $89K. 7 condo's are available ranging from $234K to $106K 6 multi-family homes available ranging from $339K to $133K   The median sold price in Riverside has been slowly climbing since early August from $150K up to $165K as of ...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
      Back to School in East Providence, RI   It's that time of year again. Parents normally love it, not so much the kids. East Providence,Riverside & Rumford RI start back to school on September 5, 2013. East Providence School Department puts out a calendar early on for parent's to start planning their year, so I've included the link here.  For more information regarding East Providence schools here's the website link. Here's hoping everyone enjoyed their summer and will look forward to another school year. Back to school in East Providence, RI.      
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
The East Providence, RI Housing Market is Going Strong     July 2013 and the East Providence, RI housing market is going strong. Here's what for sale on the market now. East Providence 02914- central East Providence has 61 active listings with a median price of $181,300. Median days on the market has dropped to 49. We have a 16.4% distressed listings(foreclosures and short sales). Riverside 02915- the southern most part of East Providence is Riverside. Riverside has 80 active listings with a median price of $181,210. Median days of the market of 46 days. We have a 8.8% distressed listings (foreclosures and short sales). Rumford 02916- Rumford is the northern most part of East Providence. Rumford has the least amount of active listings at 36. The median price is slightly higher at $220,2...
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By Kathleen Ann Pacheco-Corbett, Realtor, RI-MA, CEBA, Master, e-Pro, ABR, ABRM, GR
((FIRST Exclusive Buyer's Office Providence-RI) )
JUNE 28, 1969  - JUNE 28, 2013 The 44th Anniversary is indeed a reason for revelry and celebration. Forty-four successful years of marriage is no easy achievement.     It is 12:11 am EST, 06-28-13  and I am at the computer and I am amazed by  alert memory of my husband of this special day. I was tapped on my shoulder at 12:01am by my dearest soul mate partner. John stooped down and said "IT IS THE 28TH OF June happy Anniversary  and leaned over and kissed me. NOW THAT IS TRUE LOVE THAT HAS LASTED ALL THOSE YEARS. He also laughed and said "and tomorrow is my birthday, right?"   John William Corbett, from Pawtucket, RI 02960 married me, Kathleen Ann Pacheco, from East Providence, RI 02914 on this day 44 years ago, Saturday, June 28, 1969 at 11:00am at St Francis Xavier Church on 81 North ...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
Low to No Inventory in Riverside, Rumford & East Providence, RI       Low to no inventory in Riverside, Rumford & East Providence, RI. While working with sellers in my area I've educated them in the way of the Spring 2013 market. We've seen short sales and foreclosures largely decline, and sellers are S L O W L E Y coming back into the market. Homes that are priced correctly for the market are receiving multiple offers. Homes that are in good condition are selling in a matter of days (even hours!).  As of today we have a total of 52 homes for sale in Riverside 02915, and 61 homes for sale in East Providence 02914 and 31 homes for sale in Rumford 02916. We are seeing the market shift towards more of a balanced/sellers market throughout the state. Yet, sellers are still reluctant to enter...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
What happened to the Spring real estate market in Riverside, RI?    What happened to the Spring real estate market in Riverside, RI? It hasn't shown up yet. Last year at this time there were For Sale signs popping up like daffodils all over my neighborhood. Every time I drove around Riverside new signs were appearing weekly.  Now I know last years winter wasn't really a winter at all. We had balmy weather into January. The market was sluggish to say the least last year, but houses were going up for sale in February & March. This year 2013 not so much. Our inventory has been extremely low since the end of the summer 2012. We are in a drought it seems. I've spoken to numerous Realtors in different parts of the state, and they all agree...Where's the Spring market? Realtors have attributed...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
Lower Inventory & Higher Prices In East Providence, RI 02914     The median list price in April for single family homes in East Providence is $188,888. The list prices increased by 2.4% from the previous month. The price per square foot for listings in this area is $127. The median sale price in December for single family homes is $149,000. The sale prices dropped by -17.22%from the previous month.   The number of active listings in East Providence dropped by 20.3% from the previous month. The median number of days active properties have been listed is 79. This is significantly shorter than the national average.   The percent of unoccupied properties is very low in East Providence. It is -8.1% below the national average. The percent of owner occupied properties in East Providence is 12....
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
LOW INVENTORY OF HOMES FOR SALE IN THE WADDINGTON SCHOOL NEIGHBORHOOD OF RIVERSIDE, RI 02915   Currently, there are only 13 houses for sale in the A.M. Waddington School district of Riverside, RI.  As a local resident and local Realtor I have seen our inventory shrink over the 3 months.   I have watched the For Sale By Owner homes almost vanish from the market in my area of Riverside, RI.  I am struggling with trying to find suitable housing for clients who want to live in this area. The A.M. Waddington School district is a good school district which many parents choose to live in just so their children can attend this elementary school.  With only 13 houses on the market its "slim pickins".  Over the last year I've watched the Riverside market turn from a buyers market into a balanced...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
Houses Priced Under $150K in East Providence, Rhode Island If you've been thinking that 2013 is the year to buy a house, well; you are correct!  There is no better time to purchase a home in Rhode Island. Right now there are 56 homes on the market in East Providence that are at or under $150K.  East Providence City Hall website is the place to go to find out what's happening in our fair city. The median list price in January for single family homes in East Providence is $179,900. The list prices dropped by -2.46% from the previous month. The price per square foot for listings in this area is $123.
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
              Homes for sale in East Providence, RI 02914   The housing market in Rhode Island is looking better and better as we near the end of 2012.  The monthly numbers for October came out last week showing that single family homes sales and median homes prices rose.  The rise in the median home price is up 10% since a year ago in October 2011.  Sales are up 24% since September 2012.   We are anticipating anywhere from a 1.3% to a 2.3% overall appreciation for home prices in 2013.   With that being said I'd like to show you where East Providence specifically ranks in homes sales and prices.  The median list price in November for single family homes in East Providence 02914 was $189,900. The average days on the market were 67 and there were roughly 76 active listings. 13.2% were dis...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
  EAST PROVIDENCE RI SEPTEMBER 2012 HOME SALES MARKET STATISTICTS    Basically, East Providence is in a normal balanced market.  East Providence 02914 zip code has a little over 9 months of inventory of houses available which means it's a normal buyers market.  Riverside 02915 zip code has slightly under 6 months of inventory of houses available which means it's a normal sellers market.  Rumford 02916 zip code has a little over 13 months of inventory of houses available which means it's a extreme buyers market.   If you are interested in finding out more about the East Providence area please contact me.   Here's how the real estate looks for September 2012 Home Sales Market Statistics for East Providence, RI.    
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
Watchemoket Square Day East Providence, RI       This year's Watchemoket Square Day will be held on Saturday October 13, 2012 from 9am-3pm.  This is a celebration of Watchemoket Square's past, present and future.  Indoor and outdoor activities will take place on or near Warren Ave in the City.  The event is open to the public with plenty of free parking and no admission charge.     The East Providence Historical Society will host a walking tour at 11am and 1pm and will leave from St. Mary's Episcopal Church at 81 Warren Ave.  The tour will focus on the creation of Interstate 195 and what it did to the City in the 1960's.  At 9am a parade will begin at East Providence City Hall 145 Taunton Ave and travel on to Taunton Ave, South Broadway to Warren Ave ending at the Watchemoket Tavern 31 ...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
  Keeping Current Matters In the East Providence Housing Market Keeping current matters whether it's in real estate, politics or even knowing what the weather will be for the day.  Keeping current and up to date on the goings on in the local real estate market is especially important.  Why you ask?  Well, I'll tell you why. I took a webinar last week "Is the housing market in a full out recovery?" by a organization aptly named "Keeping Current Matters".  This group provides Realtor's with up to date real estate statistics, information and trends as to what the market is doing and where it is heading nationally.   Is the East Providence housing market in a full out recovery?  In a nutshell YES we are in a housing recovery from a sales point.  That being said here's what has to continue t...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
  East Providence schools start again on Sept 6th. It's that time of year again, parents.  The kids go back to school and the homework begins.  I know you probably feel like I do that the summer flew by!   I thought I would compile some information you may find helpful when sending the kiddie's off to school this year.   First things first, here's the full year calendar for the 2012 -2013 school year. If you are new to the area Riverside and Rumford are part of East Providence and follow the same calendar.  The East Providence School District website is a great resource when looking for specific information about the individual schools,  goals and plans for the district, school committee members, student handbooks, supply lists, school lunch programs etc.     The East Providence School ...
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By Heidi Kelley, Your Rhode Island Real Estate Connection
(Keller Williams Realty Leading Edge)
Riverside, Rumford & East Providence...what's the difference?  Well, as someone who's been a life long Rhode Islander I can tell you each village has it's own personality.   Riverside is the southern most village in East Providence.  Riverside's neighbor to the southeast is Barrington and Narragansett Bay is along our western coastline.  Riverside has beach access and converted summer cabins as part of it's landscape.  We have the Loof Carosel from the heyday of Crescent Park not to mention Blount's Clam Shack for great seafood by the water in Rose Larisa Park.  We also have the East Bay Bike Path with goes along by the water into Barrington and Haines Park.  In the summer there is a farmers market every Wednesday from 2-6 at the marina side of Haines Park. Riverside has one 9 hole golf...
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