The Kinnane Group has been hired as the exclusive real estate broker to represent the 22 home sites at Sandywoods Farms in Tiverton, Rhode Island. Sandywoods Farm is a unique and exciting new intentional mixed-use community situated on 174 acres in Tiverton, Rhode Island. It is dedicated to the arts, sustainable agriculture, energy conservation, affordable housing, independent home ownership and land stewardship. The residential component of Sandywoods Farm comprises 50 existing one, two and three bedroom cottages and a farm family home that are all made available for lease. In addition to this there are 2 single family affordable homes and 22 individual home sites being marketed for individual ownership. The commercial aspect of this community include buildings along Muse Way. They are a true center piece of this arts and agriculture community. They include the Sandywoods Center for the Arts and an array of several attractive galleries and artist studio spaces. The center hosts a great concert line up on Saturday evenings, live theatre productions, and a thriving art gallery. It is home to Saturday morning figure drawing, Tuesday evening yoga, book signings and so much more. Future plans include a vegetable farm stand, a cafe, and a bed and breakfast as well as additional artist studios. The agricultural and conservation elements of Sandywoods Farm include 22 acres of dedicated farm land and 111 acres of dedicated open space. To date they have planted a large apple orchard and maintain a half-acre, chemical-free community garden. Sandywoods is conveniently situated near Bliss Four Corners, abutting the 96 acre Basket Swamp Nature Preserve, and the Bulgarmarsh Recreation area that features an all new skate park, a 1/4 mile walking path, basketball courts, playground and softball field. The new Tiverton Public library is slated to be constructed immediately east of our entrance. Sandywoods Farm is a breath of fresh air. It is a true new destination in this New England seaside town. It is home to a variety of cultural and educational activities, it shares in an active agricultural and open space conservancy, is convenient to all modern amenities and has a found sense of community lost to most new subruban neighborhoods. It is a new community that all are welcomed as artisan, visitor, patron of the arts, gardener, a young summer day camper or to become one of our newest residents happy to call Sandywoods Farm home! For more information visit us online at www.kinnane.com, follow the links to Sandywoods Farm or call us today at 508-678-6673.
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The robust local residential real estate market continued to march on in May. Sales volume posted gains of 10.07% over April with 164 new properties going under agreement for the month and while the median sale price remained effectively unchanged with a very slight 0.025% decline, the median sale price climbed by 13.19% to $258,685. All in all, May was a very good month for the local real estate market and to further qualify these results, sales volume was up 30.16% and the medain sale price was up 8.72% when compared to the same time period in 2011.
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 05/01/2012 through to 05/31/2012 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! The local residential real estate market remains strong through the month of April with only slightly softer sales volume posted, down from the high posted in March 2012. Additionally, the median price saw continued growth while the median price dropped a bit and inventory levels are, reportedly, beginning to drop. Although no one can be sure how long this confidence in the market will last, we'll certainly learn to live with all of this good news, at least for now. To recap the year so far, in January 2012 we logged 101 new pending sales coming together in our local market service area. That represented a 12.17% decrease in overall sales volume, month-to-month, from the 115 new pending sales realized the month prior. In February we gained back that loss, and then some, posting 122 new pending sales, representing a 20.79% increase in sales volume. During March, the local real estate market posted 172 new pending sales for a 48.98% increase in sales volume, month-to-month. More recently, in April we tally 149 new pending sales for a drop of 13.37%, month-to-month although, we note that year over year, this represents an 18.25% increase when compared to April 2011 when we posted 126 new pending sales for that month. Likewise, in January we saw both median and mean selling prices post significant drops when compared to December 2011. Then, during the month of February we saw that the median price moved up to $184,900, increasing 8.77% from the month earlier. Additionally, the mean sale price rose by 4.86% for the month tallied at $201,003. Taking its lead from the month earlier the local real estate market in March, again, saw increases in both median and mean sale prices, rising 2.07% and 24.10%, respectively in each category. During April we see that the median sale price has increased again by 5.13% up to $200,000. but the mean sale price dropped by 8.38% down to $228,532. 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 04/01/2012 through to 04/30/2012 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!
After experiencing an exceptionally good local real estate market during the month of February we are now happy to report of activity levels not seen for some time that were posted during the month of March. This is welcomed activity, that's for sure, and hints of the growing confidence by local market participants. To recap the year so far, in January 2012 we logged 101 new pending sales coming together in our local market service area. That represented a 12.17% decrease in overall sales volume, month-to-month, from the 115 new pending sales realized the month prior. However, in February we gained back that loss, and then some, posting 122 new pending sales, representing a 20.79% increase in sales volume. In March, the local real estate market posted 172 new pending sales for a 48.98% increase in sales volume, month-to-month. Likewise, in January we saw both median and mean selling prices post significant drops when compared to December 2011. However, during the month of February we saw that the median price moved up to $184,900, increasing 8.77% from the month earlier. Additionally the mean sale price rose by 4.86% for the month tallied at $201,003. Taking its lead from the month earlier the local real estate market in March, again, saw increases in both median and mean sale prises, rising 2.07% and 24.10%, respectively in each category. 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 03/01/2012 through to 03/31/2012 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!
Despite being the shortest month of the year, even during a leap year, Februrary experienced an abnormally high level of market activity. The market in February rebounded, with solid numbers, from the dip in activity we saw in January and posted gains in sales volume as well as in pricing categories.
In January 2012 we logged 101 new pending sales coming together in our local market service area. That represented a 12.17% decrease in overall sales volume, month-to-month, from the 115 new pending sales realized the month prior. However, in February we gained back that loss, and then some, posting 122 new pending sales, representing a 20.79% increase in sales volume, month-to-month. Likewise, in January we had seen that both median and mean selling prices post significant drops when compared to December 2011. However, during the month of February we see that the median price moved up to $184,900, increasing 8.77% from the month earlier. Additionally the mean sale price rose by 4.86% for the month tallied at $201,003. 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 01/01/2012 through to 01/31/2012 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! The Kinnane Group announces that it has added IRR-Residential to its national client base. IRR-Residential launched its operations in 2006. The company is based in Kansas City, however facilitates valuations in all 50 states. It's centralized state of the art, internet-based management platform, called 'IRR-Connections' is utilized to handle paperless processing of appraisal requests, assignment distribution, scheduling and reporting.
IRR-Residential engages quality real estate appraisal service providers with high performance standards, that embrace technology initiatives and who demonstrate goegraphic competency. The Kinnane Group is in its 52nd year of operation as a leading quality real estate service provider to the southcoast area of Massachusetts and east bay region of Rhode Island. After the surprising spike in activity recorded during the month of December, it would seem we bounced right back into a more settled residential real estate market for the month of January. In October and November we saw a two month, typical holiday season trend, where sales volume settle down for 2 consecutive months in a row. This coming right after we experienced the highest monthly sales volume for the calendar year of 2011 during the month of September. As previosuly reported, in December we climbed right back up to 115 new pending sales, gaining back nearly half of the drop posted month to month from October to November. The January 2012 numbers posted drops in both volume and pricing. In January 2012 we saw 101 new pending sales come together in our local market area. That represents a 12.17% decrease in sales volume, month-to-month, from the 115 new pending sales realized the month prior. However, this number seems to be well within a fairly typical range for the month of January when we compare it to the 98 pending sales posted in January 2011 and the 102 pending sales recorded in January 2010. In the pricing categories, we saw that both median and mean selling prices posted significant drops. When compared to December 2011, the month of January 2012 experienced a 10.48% decrease in the median sale price recorded at $170,000 and a 12.86% decrease in the mean sale price that was tallied at $191,694. 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 01/01/2012 through to 01/31/2012 in our local market area as serviced by the H3MLS-Property Information Network. Don't forget that this time of year generally marks the quieter months in our local real estate market and that can translate into enhanced buyer opportunities, especially with the historically low mortgage interest rates that are being made available. So, 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!
The Kinnane Group uses secure order processing and delivery services provided by A La Mode's Mercury Network. Recent upgrades allow for the secure delivery of Uniform Appraisal Dataset (UAD) compliant appraisal reports in dual (PDF and XML) formats for the following categories of residential appraisals:
To improve the quality and consistency of appraisal data on loans delivered to the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, at the direction of the Federal Housing Finance Agency (FHFA), have developed the Uniform Appraisal Dataset (UAD), which defines all fields required for an appraisal submission for specific appraisal forms and standardizes definitions and responses for a key subset of fields. The GSEs have developed the Uniform Collateral Data Portal® (UCDP®), which is a single portal for the electronic submission of appraisal data. Lenders are required to use the UCDP to deliver electronic appraisal data that conforms to the UAD before the delivery date of the mortgage loan to Fannie Mae or Freddie Mac. This requirement applies to all conventional mortgage loans for which an appraisal report is required. http://www.mercuryvmp.com/index.php/appraisal-services/ The month of December broke the recent trend of the past two months as we experienced an unexpected, yet welcomed, spike in volume of total number of residential sales in our local market area. I'm certain that the historically low mortgage interest rates are helping to spur this activity and I suspect that the milder than usual weather conditions helped keep home buyers in the shopping mode. In November we saw our sales volume settle down for the 2nd straight month in a row after having experienced the highest monthly sales volume for the calendar year in the month of September. As previosuly reported, the total sales volume in both October and November settled down, in fairly typical fashion during the pre-holiday season, dropping to 138 and 103 new pending sales recorded, respectively. In December, however, we climbed right back up to 115 new pending sales, gaining back nearly half of the drop posted month to month from October to November. Although pending residential sales volume posted gains, median and mean selling prices posted declines in both categories, continuing the roller coaster trend of prices rising and falling month to month throughout most all of the 2011 calendar year. For the month of December 2011 we experienced a 4.69% decrease in the median sale price recorded at $189,900 and a 3.49% decrease in the mean sale price that was tallied at $219,991. 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 12/01/2011 through to 12/31/2011 in our local market area as serviced by the H3MLS-Property Information Network. Don't forget that this time of year generally marks the quieter months in our local real estate market and that can translate into enhanced buyer opportunities, especially with the historically low mortgage interest rates that are being made available. So, 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.
The month of November continued with our typical seasonal transition into a quieter local market where the real estate activity takes a back seat to holiday activities and preparations. This year is no different in this regard. We saw this trend begin in October and it has continued through the month of November, pretty much, as expected.
In October we saw our numbers come down off the highest monthly sales volume for the calendar year notched in September. October's activity settled back to a more typical monthly sales volume with 138 new residential properties going under agreement. In November we see that numbers dip yet again, dropping down to 103 residential properties going under agreement for the month. Pending residential sales data for the month of November 2011 also indicated a 0.325 % decrease in the median sale price recorded at $199,250. and a 4.132 % decrease in the mean sale price that was tallied at $227,956. 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 11/01/2011 through to 11/30/2011 in our local market area as serviced by the H3MLS-Property Information Network. The upside to this time of year is that quieter months in the local real estate market can translate into enhanced buyer opportunities, especially with the historically low mortgage interets rates that are being shopped around. So, 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. |
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