459 Union Av Providence, RI 02909
NEW CONSTRUCTION! 3 BEDS, 2 BATHS, INCLUDING MASTER W/ BATH, GRANITE COUNTERS, CHERRY CABINETS, HARDWOODS THROUGHOUT, FULL HIGH CEILING BSMT W/ EGRESS WINDOWS, COST OF FINISHING BSMT CAN BE DISCUSSED W/ BUILDER, POTENTIAL FOR 6 BEDS & 3 BATHS.
CALL 401-353-0335 FOR DETAILS!!
MESSAGE FROM THE PRINCIPAL BROKER:
THESE ARE DEFINING REAL ESTATE TIMES WE ARE IN. I’ve been asked on several occasions for my view point on what is happening in the Rhode Island real estate market. My audience is often surprised to learn that, contrary to what they had assumed, real estate sales are NOT down, and that inventory is quickly being picked up by nimble buyers.
The fact is that real estate cycles of peaks and valleys come once every 10-12 years. We are in one such valley. If you aren’t buying real estate in Rhode Island right now, then what are you waiting for? Even in some demanded areas of Cranston and Warwick, single unit dwellings with 3 bedrooms and 1 bath can be found with an asking price of around $135,000 or lower. Two unit dwellings are conceivably selling for around $175,000 or lower in these areas. That was unheard of 2 years ago. Interest rates are still historically low despite the economic conditions. At what point in time has such an opportunity present itself in which you can buy real estate at low prices and also take advantage of low cost financing? Opportunities like these do not come often. If you miss the chance now, it is likely that such an unparalleled opportunity will not arise for close to another decade.
At Mastermind Realty Corp, we consider this an exciting chapter in real estate history. We have quickly adapted to the changes in the real estate market, and as a result, we have been very busy in a good way. A great number of financial institutions have engaged us to divest their under performing real estate holdings in conjunction with the surge in foreclosures in the area. To accommodate this real estate trend, we have developed the necessary systems and task force to handle such types of real estate and to properly guide buyers seeking to purchase bank owned inventory.
Ending on that note, Are you READY to take action and get into real estate…….? We are READY to make it happen.
Mani Khamsyvoravong - Principal Broker
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