Posted inReal Estate

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 […]

Posted inReal Estate

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 […]

Posted inNews

3 home improvement projects with the highest payoff before and after COVID-19

That kitchen remodeling you’ve been saving for? It may not add as much value to your home today as it would have three years ago. That’s because, generally, returns on investment in home improvement projects are lower now than pre-pandemic. But there are still several upgrades—including a kitchen remodel—that can help homeowners recoup a majority […]

Posted inBusiness

Mott & Chace Sotheby’s International Realty announces a top Warwick Neck sale

Warwick, RI (September 7, 2022) – Mott & Chace Sotheby’s International Realty is proud to announce the waterfront home at 152 Beacon Avenue has sold for $2,800,000. Leza Williamson, Sales Associate of Mott & Chace Sotheby’s International Realty, represented the seller. Pat Murphy of Residential Properties, Ltd. represented the buyer. According to data available from Rhode […]

Posted inBusiness

Hogan Associates joins Christie’s International Real Estate 

Hogan Associates today announced that it has joined the Christie’s International Real Estate network as the luxury brand’s newest affiliate. In connection with the move, Hogan Associates will rebrand as Hogan Associates Christie’s International Real Estate.  Established by Leslie Hogan and Matt Hadfield in 2009, Hogan Associates Christie’s International Real Estate is one of the […]

Posted inReal Estate

‘Villa Marina’ sells for $5.5 million

Gustave White Sotheby’s International   Realty this week announced the sale of “Villa Marina” at 72 Washington   Street in Newport, Rhode Island. The property sold for $5,500,000. The sale was brokered by Paul A. Leys, broker, and co-owner of Gustave   White Sotheby’s International Realty.  DCIM\105MEDIA\DJI_0239.JPG Overlooking Newport Harbor, Goat Island, and the Newport […]

Gift this article