According to a survey by Realtor.com, 53 % of those who say that they plan on buying a home in the future are not ready to take the leap right now, and most blame that on economic fears.  1/3 of potential homebuyers cited worries about job losses as the main ... http://www.realestateinsight.com/2009/07/would-be-homebuyers-cautious-as-jobless-rate-rise/ The US Department of Housing and Urban Development (HUD) released a new Mortgagee Letter 2009-19 last week, detailing new changes in the condominium approval process.  While the new guidelines abandon the one-year waiting period before considering loan applications on condo units, they have added new restrictions. The big thing to ... http://www.realestateinsight.com/2009/07/hud-mortgagee-letter-released-on-condominium-approval-process/  Did you know that there are 30 Islands in Narragansett Bay? That was my trivia question this week, and it got me thinking  about all of the wonderful things that the Narragansett Bay offers our state.  The Bay's three largest islands are Aquidneck (Newport), Conanicut (Jamestown), and Prudence, but there are also 30 ... http://www.realestateinsight.com/2009/06/hooray-for-save-the-bay/ The RI Fire Safety Code Board of Appeal and Review has postponed fire safety requirements for interconnected smoke and carbon monoxide detectors in three-unit dwellings in the state until Dec. 31, 2010. The Board first extended the deadline until July 1, 2009 to address questions about wireless technology, interpretations of the ... http://www.realestateinsight.com/2009/06/rhode-island-fire-safety-requirements-for-three-families-postponed/ The Pending Home Sales Index, rose for the third month in a row 6.7 % from March, and is 3.2% above April 2008. Lawrence Yun, NAR chief economist, said buyers are responding to very favorable market conditions. The $8,000 tax credit is beginning to impact the market, since first-time buyers ... http://www.realestateinsight.com/2009/06/pending-home-sales-up-for-three-months-in-a-row/                This week I was supposed to have Brad Hyson from the Apeiron Institute for Sustainable Living on to talk about the Sustainable Living Festival and Clean Energy Expo  being held next Saturday and Sunday June 6 and 7th, in western Coventry, but unfortunately, there was a technical glitch and ... http://www.realestateinsight.com/2009/06/sustainable-living-in-rhode-island/ THE PHONE RANG in my office a month ago. A  good friend and client asked me to work with a couple who were considering a move to Providence to work in his company, It has been a while since I worked with a client from out of town so I ... http://www.realestateinsight.com/2009/05/relocation-falling-in-love-with-rhode-island/   Home buyers qualifying for FHA-insured mortgages may soon use the first-time home buyer $8,000 tax credit as a down payment, US Department of Housing and Urban Development secretary Shaun Donovan said Wednesday in a speech at the National Association of Realtors Real Estate Summit. The plan will allow the ... http://www.realestateinsight.com/2009/05/tax-credit-to-be-available-for-down-payment/ If you are a regular here at Real Estate insight, you know one of my pet causes is in support of the West Broadway Neighborhood Association's fight to keep National Grid from placing gas meters on the fronts of houses in Rhode Island. At on of the meetings concerning the ... http://www.realestateinsight.com/2009/05/gas-explosion-sadly-supports-wbna-cause/   Spring is finally here and most of my agents, myself included, are seeing signs of life in the Real Estate market.  The latest figures are confirming what we have been seeing, and a visit from NAR's top economist last week gave us all a little hope that we are finally starting ... http://www.realestateinsight.com/2009/05/rhode-island-housing-market-poised-for-recovery/