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South Kingstown, RI Real Estate News

By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Currently there are four (4) REO or Bank owned homes for sale in South Kingstown RI as compared to the 192 homes not in distress and on the real estate market right now.  Bank owned/REO properties are a small percentage of the active homes for sale in South Kingstown at present.  South Kingstown is another waterfront community bordering the Atlantic Ocean as well as a number of wonderful ponds within its boundaries.  It is also the home of the University of Rhode Island which is located within the village of Kingston.  The opportunity to buy a South Kingstown REO property and renovate it for rental use to URI students might be a consideration too.  Do you want investment property or owner occupied property?The following are the REO/bank owned homes, locations, acreage,  square footage o...
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By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
  The revaluation of properties in the North Kingstown & South Kingstown Rhode Island towns have hit the public and OMG they have actually dropped in 3 years!  It just may be that the town appraisal companies for both North Kingstown & South Kingstown see that the sold prices of real estate are down and are reflecting that in the assessed tax values for the town. Not a revelation to most of us. Yes, even waterfront South Kingstown homes for sale are feeling the drop in tax appraisal amounts.  So what is a seller to do they ask me?  Well we all need to remember that the towns of North Kingstown and South Kingstown just like Narragansett, Charlestown and Jamestown all survive on their tax revenue to sustain the municipal workings of the towns..it's just that for now- tax assessments are a...
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By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
The South Kingstown RI Real Estate Market Statistics for December 2010 are as follows:             17 South Kingstown RI homes sold, as follows:                               5 homes sold for over $400,000                5 homes sold for between $300,000-$400,000                7 homes sold for less than $300,000 In December 2010 there were 194 South Kingstown homes on the market which is a 15% decrease in the number of homes over the prior month of November 2010.  The home inventory has dropped considerably again for the second straight month.  The choice in homes is still available at good prices and buyers are actively looking to make their purchases now as mortgage rates still remain at historically low levels.  South Kingstown RI homes sold for December 2010 were down from 22 sold ...
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By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Bloomberg's Businessweek is out with its Best Places to Raise Your Kids 2011 list and Rhode Island has two villages within the town of South Kingstown that made this definitive list - Peacedale and Wakefield RI.  Whether it is finding the best place to retire or live in the United States, the best place to raise one's kids is always at the forefront of home buyers minds when considering a town or city to live in.  Businessweek said that "they selected places to live not by any luxury status or towns that were inhabited by high income earners".  As they said "Don't expect to find mansions and elite country clubs" here.  Rather they stated "These are communities mostly inhabited by middle-income earners that have good public schools, low crime and resources to keep the family entertained ...
Comments 12
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
  The South Kingstown RI Real Estate Market Statistics for the month of November 2010 for sold homes are as follows:                  22 South Kingstown RI homes sold, as follows:                     1 home sold for over $ 1 million                    5 homes sold for over $400,000                     5 homes sold for between $300,000-$400,000                   11 homes sold for less than $300,000  Overall there were about 229 homes on the market during November 2010 in South Kingstown RI which was a 11% decrease in the number of homes over the October 2010 South Kingstown homes sold.   The inventory level is still robust which means buyers have homes to choose from and be selective about.  However, choices of homes in certain price ranges has diminished as the inventory level continue...
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By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
   It may be that as oil and gas becomes more expensive that outside wood burning furnaces become not so dirty words in the suburbs.  I have nothing against burning wood. In fact, I love the smell of burning wood but it is not pleasurable to inhale a barrage of smoke when an outside wood furnace is being vigorously stoked.  Although I am very curious how the neighbors feel about this outside wood furnace in a somewhat residential neighborhood. There is privacy with the two acre lots but that smoke does create a billowing stream. It is not like South Kingstown is out in the boondocks where neighbors tend to keep to themselves and don't mind what a neighbor does as long as it's within the property boundaries.  South Kingstown RI has waterfront and vacation homes for sale as well as nice r...
Comments 10
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
The South Kingstown RI Real Estate Market Statistics for October 2010 for sold homes are as follows:                   17 South Kingstown RI homes sold in this dollar range:                               5 homes sold for over $400,000                               0 homes sold for between $300,000-$400,000                             12 homes sold for less than $300,000 Approximately 260 homes are on the market during the month of October 2010 in South Kingstown RI which was a 5% drop(15 fewer homes) in the number of homes sold over the prior month of September 2010.  The home inventory level remains high which means buyers continue to have more homes to choose from and for buyers to be selective about their choices.  Besides that mortgage rates continue to be at unprecedented low rate...
Comments 7
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Well it may not be Dancing with the Stars on Halloween but the musical production  of 'Dracula's Party' for children of all ages is being performed at the Fine Arts Center at the University of Rhode Island today, October 30th, at 4 pm in Kingston RI. Yes, it's about the king of vampires and based on the book by Robert Tyler.  The URI professor Gibbs who is the composer and pianist for this musical knew the author well and has put a number of the author's poems into musical numbers.   The telling story is about how trick or treaters who come to Count Dracula's house on Halloween find that it is full of scary creatures and children from past Halloweens  who have been turned into creatures by the Count.  So this story is to capture the moment and ensuing happenings at Dracula's home.  Orch...
Comments 5
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
It's time to take the kids little and small to the many Halloween sponsored events in our communities in Southern RI - South Kingstown RI 02879.  Below is one Halloween frightful adventure for kids of all kinds and ages because isn't Halloween for all of us!? South Kingstown, RI – Trails to Terror off of Rte. 1 at Highland Farm has the spooky Hayride and the Forest of Fear to walk through…check out last year’s video on the link to get a taste of what lurks beyond.  Don’t eat before you go (that's my advice)! You can take the walk or the ride for this Halloween themed frightful adventure at  Highland Farms, 4235 Tower Hill Road, Wakefield.  For additional information just call 401-792-8188 or visit http://www.trailstoterror.com Remember it is an evening event...so bring a hand to hold! H...
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By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Sue and Mike Sosnowski have their Sosnowski Farm stand at 3 Waites Corner Road in West Kingston, RI 02892 and it's not just a farm stand it's down home good!  They have a large farm several miles down the road they have had for 25 years.  They serve up all sorts of in ground and above ground vegetables you could imagine.  I have had the pleasure of knowing both of them for many years now since we both participated in the South Kingstown Farmers Market (me in a past life) years ago. I drive 20 miles to come to their stand for their organic vegetables from corn, chard, broccoli, the best potatoes, onions,winter squash, sweet potatoes, beets, tomatoes, peppers and on and on.  Besides that there are preserves, apple butter, honey,etc. to enjoy.  Now I do have a garden but what I come for is...
Comments 7
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
  The South Kingstown RI 02852 Real Estate Market Statistics for the month of September 2010 for sold properties are as follows:                  29 South Kingstown RI homes sold:                    11 homes sold for over $400,000                      2 homes sold for between $300,000-$400,000                    16 homes sold for less than $300,000  Overall there were approximately 275 homes on the market during September 2010 in South Kingstown RI 02852 which was a 3% decrease in the number of homes over the prior month of August 2010 (a decrease of 9 homes on the market).   The inventory level remains higher which means buyers have more homes to choose from and be selective about.  Besides that mortgage rates continue to remain at unprecedented low rates for buyers. The number of hom...
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By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
South Kingstown RI homes for sale have been selling all summer and into fall at a steady rate.  South Kingstown has been the bright spot in home selling in the southern RI area.  Deals are to be had, made and negotiated at this time of the year. A year ago many sellers still were not getting the market value of their property had decreased.  Now there are more honest and presentable selling prices for South Kingstown RI homes for sale for buyers. If you enjoy the beaches and ocean front properties in South Kingstown now is the time, since it is after the summer season, to find a property at a good price for yourself.  I find that especially out of state buyers from Massachusetts, Connecticut and New York continue to find their summer homes here year after year.  31 properties are betwee...
Comments 23
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
  The South Kingstown RI Real Estate Market Statistics for the month of August 2010 for sold properties were as follows:                  10 homes sold in South Kingstown RI in August 2010                    as follows:                               1 home sold over $1 million                                       1 home sold for over $400,000                     4 homes sold for between $300,000-$400,000                     4 homes sold for less than $300,000 Overall there were 284 homes on the market during the month of August 2010 in South Kingstown RI which was equal to the number of homes on the market in the prior month.  The home inventory in South Kingstown RI appears to be staying constant from month to month at this time. There was a 64% drop in the number of homes sold over ...
Comments 2
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
The South Kingstown RI Real Estate Market Statistics for the month of July 2010 for sold properties were as follows:                  28 homes sold in South Kingstown RI in July 2010                    as follows:                              1 home sold over $1 million                                        6 homes sold for over $400,000                      8 homes sold for between $300,000-$400,000                    13 homes sold for less than $300,000 Overall there were 284 homes on the market during the month of July 2010 in South Kingstown RI which was equal to the number of homes on the market in the prior month.  The home inventory in South Kingstown RI appears to be staying constant from month to month at this time. Even with the expiration of the federal tax credit for home ...
Comments 2
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
The 31st South County Hot Air Balloon Festival is being held July 16-18 at the University of Rhode Island campus in Kingston RI 02882.  It is held annually and sponsored by the Wakefield Rotary Club which has raised over $1 million and has donated 100% of the proceeds raised to local charities and for scholarships through this Hot Air Balloon Festival.The namesakes of this annual South County Balloon Festival event are the outstanding, visual sights of 15 hot air balloons in the skies over Kingston, RI  and they will begin their aerial jaunts on Friday evening.  It's wonderful at dusk to watch this display of balloons skyward as the flames that power the balloons are seen against the evening sky.Now this is the South County Balloon Festival and that means there is a carnival, firework s...
Comments 6
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
  The South Kingstown RI 02879 Real Estate Market Statistics for the month of June 2010 for sold properties were as follows:                  27 homes sold in South Kingstown RI 02879 in June 2010, as                   follows:                               2 homes sold over $1 million                                        10 homes sold for over $400,000                      5 homes sold for between $300,000-$400,000                      10 homes sold for less than $300,000 View Larger Map Overall there were about 284 homes on the market during the month of  June 2010 in South Kingstown RI 02879 which was a negligible decrease (by 6 homes) in the number of homes over the prior month of May 2010.  Home inventory appears to be staying constant from month to month at this time. Even with...
Comments 5
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
The South Kingstown RI 02879 real estate market statistics for May 2010 for sold properties were as follows:                22 homes sold in South Kingstown RI 02879 as follows:                         4 homes sold over $400,000                    6 homes sold between $300,000-$400,000                  12 homes sold for less than $300,00029 homes sold in South Kingstown RI in the prior month of April. So May 2010 saw a decrease of 16% in the number of homes sold over the prior month.Overall there were about 290 homes on the real estate market in South Kingstown RI for May 2010.  24 homes were 'in agreement or pending' during May 2010.   The Federal Tax Credit for first time home buyers expired in April (military status personnel have an extension for another year with restrictions) whi...
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By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
South Kingstown Farmers Market at Kingston RI 02881 at URI's East Farm is Open for the spring/summer season.  It is easily accessible off of Rte. 108 at URI's East Farm just a mile down  from the Rte. 108 & Rte. 138 intersection.  Open every Saturday from 8:30 am to noon through October you enter an outdoor market (rain or shine) that has all natural, native, homegrown or homemade items to tempt you.  Yesterday my trek there was for great tomato plants and they were in abundance...i found over 15 different varieties to choose from!  Personally, roma tomato plants were for me because they cook up so well in a sauce.            With over 25 vendors at peak times of the Farmers Market season in Kingston, you will find everything from explosive plants , unusual & exotic shrubs & trees, loca...
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By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Come to the Kingstown Village Fair in Kingston RI 02881 on Saturday May 15, 2010.  It is a rain or shine event AND spring celebration event it is!  Right in the heart of historic Kingston RI village which was the first official state capitol before it was moved to Providence RI. View Larger Map Tons of things to do at the Kingston Village Fair for the kids of all ages from crafts, artful creations, food bazaar at the Kingston Congregational Church, fire engine rides for all and kindly provided by the Kingston Fire Department, a medley of melodious music & performers and the Kingston Hill Library annual book sale.  But let's not forget one of my favorites and that is the abundant plant selection provided at the Fayerweather House location right at the intersection of Rte. 108 & Rte.138 p...
Comments 5
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Covering for another agent for 4 days and selling a South Kingstown Home for sale at in South Kingstown RI 02879 is a lot of Luck.                                                                                    While covering for another agent on a totally remodeled South Kingstown home for sale in South Kingstown RI 02879, I bring together the buyer and seller.  Now it's just not my luck here, it is condition and location too.  With nearly 45 homes for sale in South Kingstown RI under $300,000 at this time the choices abound.  Needless to say the seller did a great job of setting this South Kingstown RI home for sale apart from the others and here's how:       - Totally remodeled from granite kitchen with stunning cabinets       - Refinished hardwoods, insulated windows       - New...
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