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House hunters beware: RI real-estate market caught fire during COVID


House hunters beware: RI real-estate market caught fire during COVID
Patrick Anderson, The Providence Journal
In 2020, your dream house became someone else s Zoom room. 
When COVID spread and cities shut down, demand for new living space soared across the Northeast, and in Rhode Island the influx of new buyers from metro New York, Boston and beyond turned an already competitive residential real-estate market brutal. 
Super-fierce, is how Shannon Buss, a Randall Realtors broker and the 2020 Rhode Island Association of Realtors president, described demand for homes. There are more buyers than properties we have to show them . because of lack of inventory in conjunction with low interest rates, there is incentives [for] both buyers and sellers. ....

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From mansions to out-of-state buyers RI real-estate market caught fire during COVID


In 2020, your dream house became someone else s Zoom room. 
When COVID spread and cities shut down, demand for new living space soared across the Northeast, and in Rhode Island the influx of new buyers from metro New York, Boston and beyond turned an already competitive residential real-estate market brutal. 
Super-fierce, is how Shannon Buss, a Randall Realtors broker and the 2020 Rhode Island Association of Realtors president, described demand for homes. There are more buyers than properties we have to show them . because of lack of inventory in conjunction with low interest rates, there is incentives [for] both buyers and sellers. ....

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