Woonsocket

You could look in Hope Valley, or westerly, both are good choices to look.

You aren't. These things are an abomination

Don’t listen to these people. Dave’s is amazing and so are their pizza strips

All the comments and up votes for Woonsocket help confirm it for me.

Near URI is not the sticks. I live 5 minutes away from URI and work in Providence with zero issues or stress about traffic at all. There isn’t much on the market in South County, but 700k should be plenty for a really nice house. Pretty much anywhere in South County is a great place to live, but feel free to DM me for details on questions…

Me and my wife have looked at houses in that range and they're honestly kinda shit or very far away. Renting for another year or so honestly is a pretty good decision at the moment

Western RI is the sticks. You shouldn’t have any issue finding something in that price range.

Seriously RI not worth it. The cost is way too high.

I'm Providence born & raised, but western RI is nice. Traffic is busy over there in the tourist season, to go down to the beaches. Congratulations on the offer, and good luck homie

No man’s land.

I live in Elmhurst and the houses around here have been selling in the $400k range.

yeah all of this seems very unpredictable

Yessir!!!

Shut your pie holes

I understand. For me it’s the opposite. We’ll see where things head but I see no way the housing market will remain elevated if unemployment keeps ticking up

It's tough out there. We bought a home in Pascaog 8 years ago for 190k, right now we could sell it for 380k. If we bought the same house now, there is no way we could pay the mortgage. It's over 1k more.

Can someone explain Coventry to me?

yeah but then there's also downsides to renting, personally in my position it makes more sense to buy. I can also refinance when the market calms down but when does rent go down? again this is all anecdotal, just an opinion from my point of view and i know others personally in the same boat.

Gotta get in good with a realtor who can show you something before an open house - avoid the whole bidding war if possible

There are 2,901 houses for sale on Realtor.com right now. For the love of God, go buy one.

https://www.realtor.com/realestateandhomes-search/Rhode-Island

You’re highlighting all the benefits of homeownership - there’s are downsides as well. You can make a profit, but you can also be underwater just as easily. You also don’t have freedom to move as easily. You are also on the hook for unexpected expenses. I generally agree with you, but too many people think renting is “throwing away money.” I am cautious with elevated prices and unemployment ticking up. I would be patient, I think we will see a buyers market in the next few years

I mean my 2 bedroom apartment was about to go up to 1865 a month this may. My mortgage is a few hundred more than that. Considering I can refinance a lower interest rate when the time comes, it’ll be a wash considering how much rent keeps rising

Friend of mine listed his 3 bedroom in Warwick near Kent hospital for $350k, that just went up this week.

idk i looked at some apartments and honestly they were a couple hundred dollars cheaper than a monthly mortgage.... and at least with a house I can sell it and potentially make a profit. personally it seems more responsible to buy to me.