On the market for a new home? Here’s a look at what homes are hosting an open house this weekend, October 29 – 30, 2022. In the market for a home or have questions about the home-buying process? Contact me or visit my Digital Buyer Consult website for more information. Newport 45 Ayrault Street #5 | $799,000 […]
Real Estate
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Realtor.com October Housing Report: Number of homes for sale surpasses 2020 levels
The U.S. supply of for-sale homes hit a milestone on the road to recovery from the shortage of the past two years in October, as active listings soared 33.5% year-over-year to the highest level since 2020, according to the Realtor.com® Monthly Housing Trends Report released today. However, October data suggests that fewer home shoppers could afford to […]
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What Sold: 18 Newport County real estate sales, transactions (Oct. 24 – 28)
Real estate, like any industry, is based on the foundation of supply and demand. Sellers are still seeing premium prices for their homes due to extremely low inventory, even with interest rates on the rise. If you’re considering selling or simply want to know how much equity you have in your home, I am […]
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Open Houses: 25 homes to check out in Newport County this weekend
On the market for a new home? Here’s a look at what homes are hosting an open house this weekend, October 29 – 30, 2022. In the market for a home or have questions about the home-buying process? Contact me or visit my Digital Buyer Consult website for more information. Newport 29 Champlin Street | $2,150,000 | […]
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Watch Hill home sells for $9,950,000
Mott & Chace Sotheby’s International Realty this week announced the Watch Hill home at 8 Westerly Road has sold for $9,950,000. Donna Simmons, Sales Associate of Mott & Chace Sotheby’s International Realty, represented the seller. Bill Hecker, Sales Associate of Mott & Chace Sotheby’s International Realty, represented the buyer. According to data available from Rhode Island […]
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Rhode Island is one of the least affordable states for renters—see where it ranks
Full-time workers are feeling the pinch in today’s rental market. A nationwide housing shortage and skyrocketing property values—coupled with fewer pay raises for the general working population in recent decades—are fueling a squeeze in the rental market. But how affordable is rent in your state? In order to assess affordability, Foothold Technology looked at rent […]
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What Sold: 24 Newport County real estate sales, transactions (Oct. 17 – 21)
Real estate, like any industry, is based on the foundation of supply and demand. Sellers are still seeing premium prices for their homes due to extremely low inventory, even with interest rates on the rise. If you’re considering selling or simply want to know how much equity you have in your home, I am […]
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10 most common reasons people recently moved
During the COVID-19 pandemic, many in the workforce started working from home for the first time. The impact of this switch from a traditional office space has been one of the most significant social changes brought on by the pandemic. During the first year of the pandemic, from March 2020 to February 2021, the number of people […]
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Residential Properties releases 2022 Third Quarter Market Update
The sun has officially set on the last days of our New England summer. As the leaves change and we head into the final quarter of the year, let’s take a moment to look over the local real estate activity during the third quarter and throughout the opening nine months of the year. While Rhode […]
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Open Houses: 21 homes to check out in Newport County this weekend
On the market for a new home? Here’s a look at what homes are hosting an open house this weekend, October 21 – 23, 2022. In the market for a home or have questions about the home-buying process? Contact me or visit my Digital Buyer Consult website for more information. Newport 67 Perry Street #8 | $325,000 […]
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Aquidneck Club condo sells for $1,782,500
Lila Delman Compass today announced the recent record sale of 125 Cory Lane Unit ‘Victory’, a three-bedroom residence in the Clubhouse at Aquidneck Club. Alexandra Thursby and Courtney van Beuren, Lila Delman Compass Sales Associates, jointly represented the seller and facilitated for the buyer in this sale. With a sales price of $1,782,500, this transaction marks the highest […]
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What Sold: 15 Newport County real estate sales, transactions (Oct. 10 – 14)
Real estate, like any industry, is based on the foundation of supply and demand. Sellers are seeing premium prices for their homes due to low-interest rates and even lower inventory; which makes for a very competitive environment from a buyer’s perspective. If you’re considering selling or simply want to know what your home may be […]
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Realtor.com September Rental Report: National rent growth cools to the slowest annual pace in 16 months
September data confirm a fall cooldown has come to the rental market, as national rent growth dropped to its lowest annual pace (+7.8%) since June 2021, according to the Realtor.com Monthly Rental Report released today. In another sign of more typical seasonal moderation than last year, the U.S. median rental price posted its second month-over-month decline in eight […]
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What Sold: 16 Newport County real estate sales, transactions (Oct. 3 – 7)
Real estate, like any industry, is based on the foundation of supply and demand. Sellers are seeing premium prices for their homes due to low-interest rates and even lower inventory; which makes for a very competitive environment from a buyer’s perspective. If you’re considering selling or simply want to know what your home may be […]
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Historic George Champlin Mason House lists with Residential Properties for $4.395M
Residential Properties Ltd. is proud to present The George Champlin Mason House, lovingly referred to as “Woodbine Cottage”. This rare, historic property was built by Newport’s most famed native architect, George Champlin Mason, as his personal residence. Mason is considered a master of the Newport Style and designed many Newport mansions of the Gilded Age, […]
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Open Houses: 27 homes to check out in Newport County this weekend (Oct. 7 – 9)
On the market for a new home? Here’s a look at what homes are hosting an open house this weekend, October 7 – 9, 2022. In the market for a home or have questions about the home-buying process? Contact me or visit my Digital Buyer Consult website for more information. Newport 158 Narragansett Ave #H | $995,000 […]
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Rhode Island among states with the most reported rental scams
Picture this: You’re hunting for an apartment and finally see an online listing in your price range that sparks your interest. You contact the property manager, file an application, and maybe even visit the property. But after you send them a security deposit and the first month’s rent, things take a turn. Maybe you’re told […]
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What Sold: 17 Newport County real estate sales, transactions (Sept. 26 – 30)
Real estate, like any industry, is based on the foundation of supply and demand. Sellers are seeing premium prices for their homes due to low-interest rates and even lower inventory; which makes for a very competitive environment from a buyer’s perspective. If you’re considering selling or simply want to know what your home may be […]
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Open Houses: 29 homes to check out in Newport County this weekend
On the market for a new home? Here’s a look at what homes are hosting an open house this weekend, September 30 – October 2, 2022. In the market for a home or have questions about the home buying process? Contact me or visit my Digital Buyer Consult website for more information. Newport 104 Mill St. | […]
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Cities with the fastest growing home prices in Providence metro area
It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate. The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of […]
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Fed officials call for more rate hikes to fight inflation
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve will have to keep boosting its benchmark interest rate to a point that raises unemployment and gets inflation down from unusually high levels, two officials said in separate remarks Monday. Susan Collins, the new president of the Federal Reserve Bank of Boston, endorsed Fed […]
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What Sold: 17 Newport County real estate sales, transactions (Sept. 19 – 23)
Real estate, like any industry, is based on the foundation of supply and demand. Sellers are seeing premium prices for their homes due to low-interest rates and even lower inventory; which makes for a very competitive environment from a buyer’s perspective. If you’re considering selling or simply want to know what your home may be […]
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Open Houses: 31 homes to check out in Newport County this weekend
On the market for a new home? Here’s a look at what homes are hosting an open house this weekend, September 23 – 25, 2022. In the market for a home or have questions about the home buying process? Contact me or visit my Digital Buyer Consult website for more information. Newport 5 Wellington Ave | $998,000 […]
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Rhode Island among 12 least affordable states for renters
Full-time workers are feeling the pinch in today’s rental market. A nationwide housing shortage and skyrocketing property values—coupled with fewer pay raises for the general working population in recent decades—are fueling a squeeze in the rental market. But how affordable is rent in your state? In order to assess affordability, Foothold Technology looked at rent […]
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Realtor.com August Rental Report: Americans spend 26% of their incomes on rents
August data shows renters are feeling the strain of higher costs, as Americans spent more than one-quarter (26.4%) of their monthly budgets on rents in August, on average, according to the Realtor.com® Monthly Rental Report released today. Among the 50 largest U.S. metros, coastal areas topped August’s list of least affordable rental markets, with rents accounting for […]