NEWS & UPDATES
July 19, 2022
President's Message
I was asked recently how we REALTORS® should deal with a changing market. Perhaps we’ve reached the peak of the seller’s market we’re in right now. Have you noticed the increase in inventory and days on market? Surely you’ve been watching the interest rates rise. The easiest way to adjust to a changing market is to stay true to the processes you have in place. The method for valuing a property isn’t going to change. The change will be in the discussion with the seller about expectations and timing. The method for determining the value of a house won’t change, only the discussion with the buyer about the amount of the offer and terms will. The decisions will always be made by our clients. We are the experts in the current market conditions. You should have methods for determining facts: property values, local amenities, market conditions and mortgage requirements. Your clients will then seek your advice to get them the best outcome for their situation. The short answer to how to deal with a changing market? Keep a vigilant and open mind!

Bill Fain
2022 President,
Kent Washington Association of REALTORS®
KWAOR Members Corner
Congratulations and Welcome!

New Active REALTOR® Members since March 19, 2022
 
Emma Andy - Lila Delman Realty
Michelle Bacon - Hope Real Estate
Danielle Barron - Platinum Real Estate Group
Cory Barter - Slocum Realty
Alexandra Basile - Randall Realtors
Jonathan Brisco - REAL Brokers
Kylie Brito - RI Real Esate Services
Kyle Brodwater - eXp Realty
Jamie Burnside - Coldwell Banker Coastal
Cynthia Candon - Coldwell Banker Realty
Alexandra Carpenter- Keller Williams Coastal
Lindsey Conroy - Onshore REALTORS®
Lauren D'Ambra - Key Real Estate
Noel DeFala - BHHS Commonwealth Real Estate
Sheelah DiPrete - Coldwell Banker Realty
Michelle Dutra - HomeSmart Professionals
Tyrell Fath - RE/MAX Advantage Group
Jennifer Fortin - RI Real Estate Services
Jessica Gemma - Slocum Realty
Karen Giarrusso - Greenwich Bay Brokers
Shastery Gonzalez - Coldwell Banker Realty
Katherine Goss - BHHS Commonwealth Real Estate
Joel Grispino - RE/MAX Home Team
Kerri Hunsberger - RI Real Estate Services
Jennifer Hunt - Keller Williams Coastal
Krista Jarrell - Coldwell Banker Realty
Dennis Johnsky - BHHS New England Properties
Arnold Kachittavong - Green Island Realty, Inc.
Joshua Kiernan - Keller Williams Coastal
Julie Krebs - The Brown Group Realty
Kathy Jo Lake - RI Real Estate Services
Rylee Leonard - BHHS Commonwealth Real Estate
Kristen Levy - RI Real Estate Services
Patricia Major - RI Real Estate Services
Steven Maness - Century 21 Guardian Realty
Denise Mann - The Brown Group Realty
Ariel Marthens - Lila Delman Compass
Diane McIniry - Keller Williams Coastal
Dorothy McInnis - Century 21 Shoreline Properties
Dawn Melvin - CR Premier Properties LLC
Gregory Murphy - Pascack Properties, Inc.
Louis Parente - Keller Williams Coastal
Adele Petrarca - Keller Williams Coastal
Sophie Philbrick - Mott & Chace Sotheby's Int’l
Matthew Refino - Nicholas Taylor Real Estate
Steven Rossi - Ropal Realty
Nichole Saponare - Randall Realtors
Lucia Santilli - HomeSmart Professionals
Angela Stamoulos - Coldwell Banker Realty
Robert Stevens - Platinum Real Estate Group
Melissa Vallee - RI Real Estate Services
Dawn Wallitsch - Slocum Realty
Li Yanjun - Green Island Realty, Inc.
Jun Zhao - Green Island Realty, Inc. 

SentriLock
KWAOR Foundation
RIAR News
R.I. Home Prices Continue to Climb Despite Falling Sales

June home sales statistics reveal a changing housing market in Rhode Island, one marked by prices which continue to escalate despite a five-month downward trend in single-family home sales.

At $430,000, the median price of single-family homes increased 11.7% last month compared to June 2021, hitting an all-time high. Monthly median sales prices have gone up each month from the prior year by 10% or more since July of 2020.

Read the full article and see accompanying statistics.
LEGISLATIVE TRACKER 2022

The Government Affairs Committee uses the following system to rank legislative priorities to give direction to RIAR Government Affairs staff and RIAR contract lobbyists.
View an online list of the all the bills that RIAR tracked this legislative session at: www.rirealtors.org/legislative-tracker
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