102 Foster Center Rd Foster, RI
Welcome to this two bedroom cottage with a warm rustic charm! The spacious and bright living room welcomes you right in and features a cozy wood-burning stove. Flow over to the kitchen that has an ample amount of cabinet and counter space so you can whip up your favorite meal with family and friends with ease. Enjoy your morning cup of coffee in the quaint sunroom breakfast nook that overlooks your tranquil surroundings and has a door that leads you out into the backyard. Take advantage of the den area to create your own home office, a family room, or whatever your needs may be! Sit out on the enclosed front porch to admire the large garden area and the peace and quiet. You can appreciate the lovely nature views that every window in the home provides! The private wooded lot gives you plenty of opportunities to create your own oasis to sit back and relax in. Even with feeling completely tucked away, you get the luxury of being conveniently close to Route 6 which has restaurants, stores, shops, and everything you need. Including the town hall, library, post office, and police station within walking distance! One major upgrade includes a new roof installed in 2020. Don't miss out on this rare gem. Click on the buttons below for more info!
.We still have extremely low inventory & high demand--which is keeping prices up & increasing property values/appreciation. And there's no indication that we are headed into a situation where we would suddenly have so many homes available on the market that prices would tank----that's what happened in 2008. Bad lending practices allowed people who, by today's lending standards, would not be able to buy a home & when the recession hit there was a series of events that occurred: the buyer pool all but dried up; too many people had high debt to income plus not enough savings so if they lost their job they couldn't afford their mortgage or credit card payments & went into foreclosure, too many people panic-sold (feared a crashing market) & because there was low demand the supply of homes skyrocketed (in 2008 the National housing inventory was a 10 months supply vs the 3 months supply we have right now).
Home owners today have a lot of equity in their home & fixed interest rates that are super low. Even if we are in a recession (or head into one) the experts are not predicting that people would suddenly be in a situation where people would lose their homes through foreclosure or that they'll lose their jobs & sell---sure, some people may but not enough to even make a dent in the amount of inventory that we need. So all those folks saying the market is going to crash--don't argue, it's a waste of time, but don't get sucked in! Pay attention to the data! Or pay attention to me because you can trust that I am constantly paying attention to the data & will share my info with you!
I LOVE this new listing that I have in Providence! Hammond Street is a fabulous street to live on---you're in the heart of The West End--just steps from some of the best restaurants, shops, bars, and coffee shops in all of Providence! Yet you're on a tree-lined street with a mix of condos, single family homes, and a few multi-family properties---most are primarily owner-occupied. There's a real sense of community on this street in particular!
Buying or Selling? Here's some useful advice!