Mott & Chace Sotheby’s International Realty on Thursday announced the sale of 1677 Round Top Road for $1,525,000. The c.1826 home that inspired the horror franchise “The Conjuring” is one of the most well-known haunted houses in the United States. The seller was represented by The Blackstone Team of Mott & Chace Sotheby’s International Realty. The RR&A Team at […]
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Oceanfront home in Quonochontaug sells for $9.5 million, marking the highest sale ever recorded in Charlestown
Lila Delman Compass today announced the sale of 648-A West Beach Road in Charlestown’s village of Quonochontaug for $9,500,000. Lila Delman Compass says in a press release that they represented both sides of this sale, with Lori Joyal, Managing Broker of Lila Delman Compass’ Watch Hill Office, representing the seller and George Tollefson and Julie […]
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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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Providence Metro Area weekly real estate update
As inflation continues to surge and with the chatter of an impending economic downturn in the air, mortgage rates are growing at the quickest speed in 40 years with a 30-year fixed-rate mortgage last week reaching the highest point since 2009 at 5.53%. Consumers are being stretched thin due to inflation—from the gas pump to […]
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Vacant land on Carnegie Harbor Drive in Portsmouth sells for $2 million
Residential Properties Ltd. is excited to announce the sale of 0 Lot 1 Carnegie Harbor Drive in Portsmouth for $2 million. RPL Broker Associate John Repoza proudly represented the buyer as the selling agent in this transaction. Eric Kirton of Lila Delman Compass represented the seller as the listing agent. According to State-Wide MLS data, this is the highest vacant land sale of the year for […]
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Providence Metro area weekly real estate update
This past Wednesday, the Federal Reserve raised interest rates by half a percentage point, in effort to curtail the current rate of inflation, which as of March 2022 is up 8.5% year over year. This marks the first time in more than 20 years that the Fed has raised interest rates to such a degree, […]
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RPL’s Sarah Kirwin Brady lists Carrington House condo
Enjoy all the best of Newport in this charming Estate, known as the “Carrington House” Condo Association. This spacious, townhouse-style condo features high ceilings and an open floor plan which allows a wealth of natural light throughout the interior. A wood-burning fireplace anchors the living room and adds wonderful coziness to the space. A dining […]
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Cindy’s Country Cafe, CJ’s Pub, Chopmist Charlie’s, and other businesses currently for sale in Rhode Island
The latest listings on BizBuySell, LoopNet, and Kirby Properties show all kinds of businesses currently for sale in Rhode Island. Reasons for selling, when provided, typically do not mention economic hardship, but more often involve the owner retiring or not having time to actively run the business. The names and locations are generally left out, but there […]
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Cities with the most expensive homes in Providence metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. Given the current state of the real estate market, housing affordability plays a determining role for buyers. As of May 4, 2022, the 30-year fixed […]
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US weekly real estate update
Canva US weekly real estate update The spring homebuying season is known to be fairly robust, but with interest rates continuing their steady climb it’s anyone’s guess what this spring will ultimately result in. This past week, the average interest rate for a 30-year fixed-rate mortgage reached 5.37%, up from 5.20% last week and still […]
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Two homes on West Main Road in Little Compton change hands, sell for more than $4 million each
Lila Delman Compass is pleased to announce two significant sales in Little Compton. ‘Wildflowers’, 301 West Main Road, sold for $4,250,000 and 696 K West Main Road traded for $4,100,000. Deborah Ladd, Lila Delman Compass Associate Broker, represented the seller of 301 West Main Road while Ruth Bellino, Sales Assoicate based in Lila Delman Compass’ […]
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1 in 4 home offers are now cash—here’s what that means for the average home buyer
Natee Meepian // Shutterstock 1 in 4 home offers are now cash—here’s what that means for the average homebuyer Real estate in the last few years has produced one of the hottest—if not the hottest—markets in the last quarter-century. With a limited number of houses for sale, competition is fierce and bidding wars abound. To […]
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US weekly real estate update
According to the Mortgage Bankers Association, mortgage applications are down 5% since last week. With mortgage rates rising and median home prices trending in the same direction the declining trend in home sales (down 4.5% year over year) looks to continue. As of March 2022, the National Association of Realtors has found that median home […]
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Kansas woman wins 2022 HGTV Dream Home in Warren, Vermont
HGTV today announced the winner of the 2022 HGTV Dream Home. Karey Wolstenholm of Overland Park, Kansas is the winner of the HGTV Dream Home 2022 sweepstakes, a grand prize package valued at over $2.4 million, which includes the luxurious modern mountain cabin, a 2022 Jeep Grand Wagoneer, and $250,000 in cash. The 2022 HGTV Dream Home […]
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US weekly real estate update
Canva US weekly real estate update According to the Mortgage Banker’s Association, mortgage applications have decreased by 1.3% within the last week. It’s no wonder, as mortgage rates across several different loan types have spiked exponentially. The 30-year fixed rate is sitting at 5.13% which is the highest it’s been since November 2018. With these […]
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Providence weekly real estate update
Rising interest rates continue to curb demand in the mortgage market, with applications down from both buyers and homeowners looking to refinance, according to the Mortgage Bankers Association. Interest rates are nearing 5%, tamping down applications for the third week in a row, for the week ending April 1. “As higher rates reduce the incentive […]
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US weekly real estate update
Rising interest rates continue to curb demand in the mortgage market, with applications down from both buyers and homeowners looking to refinance, according to the Mortgage Bankers Association. Interest rates are nearing 5%, tamping down applications for the third week in a row, for the week ending April 1. “As higher rates reduce the incentive […]
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Condo in the Villages of Mount Hope Bay in Tiverton sells for $1.195 million
Mott & Chace Sotheby’s International Realty today announced the recent sale of 61 Water’s Edge Unit #17 in Tiverton. The townhouse sold for $1,195,000. The buyer was represented by Midge Berkery, Sales Associate of Mott & Chace Sotheby’s International Realty. Tom Little of Gustave White Sotheby’s International Realty represented the seller. Photos courtesy of Gustave White […]
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Waterfront estate in Little Compton sells for $4.1 million
Mott & Chace Sotheby’s International Realty this week announced the recent sale of the waterfront estate at 696K West Main Road, Little Compton for $4,100,000. Located on nearly three acres on Briggs Marsh, the one-of-a-kind Little Compton property offers stunning 180-degree views over the marsh, conserved farmland, and the Atlantic Ocean beyond. The seller was […]
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Seaside Retreat: Home on Hoover Road in Middletown sells for $2.6 million
Hogan Associates today announced the April 4, 2022 sale of “Seaside Retreat” at 43 Hoover Road, Middletown. The property sold for $2,600,000. Caroline Richards of Hogan Associates represented the Buyer, and Dina Karousos & Nicole Lucenti of Gustave White Sotheby’s represented the Seller. According to Hogan Associates, upon entering, you realize “Seaside Retreat” lives up […]
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Home Of The Week: 111 Harrison Avenue, Unit MH8 is your opportunity to call Bonniecrest home
Welcome to Bonniecrest! This special condominium is set in the Manor House, the original stately mansion of Bonniecrest, built in 1905. Magnificent period details of the Gilded Era are very much at the heart of this special property. Soaring ceilings, paned windows, walnut-paneled walls, and crown molding are found throughout the detailed interior and are […]
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Waterfront home on Harbour Island hits the market for $1.69 million
Enjoy sunsets from the wrap-around deck of this beautiful, custom-designed, one-of-a-kind, waterfront home at 30 Oak Hill Road in Narragansett on desirable Harbour Island. All living areas have water views, including each of the three bedrooms – one on ground level. The primary suite features cathedral ceilings while offering magnificent water views, a walk-in closet, […]
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Home near Beavertail State Park in Jamestown fetches $2.525 million
Hogan Associates today announced the March 15 sale of 30 Battery Lane in Jamestown. A gracious Colonial with a stylish guest house, the property sold for $2,525,000. According to Hogan Associates, Gordon King of Hogan Associates represented the Buyer, and Dianne Grippi of Island Realty represented the Seller. Situated on a private 2.5-acre lot, just […]
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15 Open Houses to check out in Newport County this weekend (March 11 – 13)
It’s a tough market for homebuyers right now and it helps to have a local professional guiding you through this process. If you have any real estate questions or want more details on any of the properties below, please give me a call directly at 401-241-1851 or email me at TylerB@remaxnewportri.com. Here are the open houses happening […]
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Home on Ashurst Avenue in Middletown sells for $5 million
Mott & Chace Sotheby’s International Realty today announced that 43 Ashurst Avenue has sold for $5,000,000. Kylie McCollough, Sales Associate of Mott & Chace Sotheby’s International Realty, represented the seller, and Janet Kermes, Sales Associate of Mott & Chace Sotheby’s International Realty, represented the buyer. According to data available from Rhode Island Multiple Listing Service, the […]