The residents of Tiverton recently passed the Tiverton Town bond referendum for $7 million a new public  Library!  http://www.eastbayri.com/news/2011/nov/08/tiverton-library-financial-town-referendum-both-wi/   An enormous number of volunteers worked to inform the public about the value of investing in a new library, resulting in approval at the polls, despite the difficult economic climate and the concern about taxes.
 
The Library Foundation, Trustees, Staff, Building Committee and Friends recently acknowledged the Community Partnership developed by John Kinnane of the Kinnane Group & Michael McNally of McNally Associates for being one of the earliest supporters of the project to build a modern, energy efficient library and community hub.  

The Kinnane Group continues to keep this committment to the new library with its "Community Partnership" program.  It is very simple and it's a way for us to provide an added client benefit while helping to raise monies for the new library. Buy or sell your property in Tiverton through the Kinnane Group and we will provide a charitable contribution in your name to the Tiverton Library Foundation's new building fund that is matched dollar for dollar by Citizens-Union Savings Bank.

"Charity begins at home", says Kinnane, "and this project couldn't hit any closer to home for us".  The Kinnane Group was the exclusive broker involved in a sale to Citizens-Union Savings Bank a few years ago when Gilbert & Jeanette Guimond sold their family-owned Guimond Farms property and also brokered the adjacent land transaction from Citizens-Union Savings Bank to the Friends of Tiverton Library.  The bank has established a beautiful branch banking and insurance facility at Bliss Four Corners and Tiverton Library Foundation has now embarked on their plans to build a brand new 30,000 sq. ft. state of the art public library facility that will become a town treasure for many years to come.

October, typically, is our transition month in the local market area where the real estate activity begins to cool off and peoples' attentions become more focused on preparations for the upcoming holiday season and preparing their homes for the colder winter months.  This year is no different in this regard.  After experiencing consecutive months in positive trending in sales volume growth, October's numbers reveal the beginning of that seasonal decline in activity. 

After September posted the highest monthly sales volume for the calendar year, 2011 with new pending sales notched at 159 properties, October settles back at a more typical monthly sales volume with 138 new residential properties going under agreement.  That represents a 13.208% decrease in total sales volume, month to month.

Additionally, pending sales data for the month of October 2011 indicated a 0.705% increase in the median sale price recorded at $199,900.  yet a 4.019% decrease in the mean sale price that was tallied at $237,780.  

These sales statistics cover the towns of Dartmouth, Fall River, Little Compton, RI, Somerset, Swansea, Tiverton, RI, and Westport. They reveal monthly activity for residential properties that went under agreement from 10/01/2011 through to 10/31/2011 in our local market area as serviced by the H3MLS-Property Information Network.

If you're ready to jump off the fence and into the local real estate market and take advantage of the opportunities that exist, contact us today to determine your options as either a buyer or a seller.  We're here to work through the complexities of the local real estate market, make sure you neither under sell or over pay for your property, and to help you out along the way!

We are ready to serve all of your local real estate appraisal and brokerage needs.  Our coverage area includes the southcoast region of Massachusetts and the east bay region of Rhode Island.  Please feel free to contact us today!

If you are a Southcoast Health System employee visit our website to learn how you can take advantage of our new discount service program.  Save up to 30% on brokerage fees.