A Realtor will ALWAYS tell you it's a great time to buy, ALWAYS. Do your own research.
I can't predict exactly where the market is going next. I've seen signs of tiny price increases in certain areas. If I had a client who wanted beach property, I'd tell them to go for it now.
The second home buyer has returned to the market in strong numbers this spring. Our activity is up significantly at Open Houses, internet inquiries and sign calls. I haven't seen so many sign calls since 2005. Like politics, all real estate is local. Each market and neighborhood can have positives and negatives based upon the economic situation and your lifestyle. Please contact me for more information.401 846 3800.
This is a very good time to buy summer homes almost anywhere in RI. Prices have been pushed down slightly (and they're not likely to drop much further) and, of course, mortgage rates are still low. The market picks up a bit at the end of summer as more people start thinking about coming back next year, so this is a good time to start looking.