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 […]
Real Estate
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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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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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Residential Properties releases its 2022 First Quarter Market Update Video
Following a historic, record-setting year, the local real estate market is off to a quieter start in 2022, with the demand from buyers currently outweighing the supply of homes on the market. Those who are in search for a property in Singapore, Altura EC is a rare investment opportunity, offering affordable yet luxurious living spaces […]
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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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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 […]
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Realtor.com February Housing Report: U.S. Home prices hit all-time high ahead of spring buying season
New data suggests Spring homebuying fever has already set in, as the U.S. median listing price hit a new all-time high of $392,000 in February, according to the Realtor.com® Monthly Housing Trends Report released today. Additionally, home prices grew at an unusually-fast February pace in many of the 50 largest metros, led by Las Vegas, Miami, and Tampa, Fla. with annual increases of at […]
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‘Rosevale’ estate, abutting property sell for $6.5 million
Gustave White Sotheby’s International Realty today announced the sale of ‘Rosevale’ at 30 Red Cross Avenue in Newport, Rhode Island. Sited on over 2 acres in the Kay/Catherine “summer home” area, the property sold for $6,500,000, which included the residence at 187 Rhode Island Avenue, sited on ½ acre abutting ‘Rosevale.’ The seller and buyer […]
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Chart House Inn on Clarke Street in Newport sells for $1.7 million
Hogan Associates today announced the sale of The Chart House Inn at 16 Clarke Street in Newport/ The historic 9-bed Inn located off Washington Square sold on January 21 for $1,700,000. The Hadfield Group of Hogan Associates represented the Seller, and The Fitzpatrick Team of RE/MAX Newport represented the Buyer. “Nautical style and casual elegance […]
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‘Long Pond Farm’ on Ministerial Road in South Kingstown sells for a record-setting $6.595 million
Mott & Chace Sotheby’s International Realty today announced the record sale of 527 Ministerial Road in South Kingstown for $6,595,000. A country lake-front family compound located in Matunuck Hills, “Long Pond Farm” is set on nearly 52 acres. Photo provided by Mott & Chace Sotheby’s International Realt According to a press release from Mott & […]
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What Sold: 14 Newport County real estate sales, transactions (Jan. 17 – 21)
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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Middletown condo hits the market for $445,000
Located in the heart of beautiful Aquidneck Island, this thoughtfully designed condominium at 126 Corey Lane in Middletown offers a pleasing use of its indoor-outdoor space, perfect for dynamic modern living. Stepping inside, the welcoming center hall guides you into the home’s spacious, combined living and dining room, anchored by gorgeous hardwood floors. Dramatic vaulted […]
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Residential Properties Ltd. sets new statewide MLS record with over $1.3 billion in sales
Celebrating its 40th anniversary this past November, Rhode Island’s largest independent brokerage, Residential Properties Ltd., completed a record-setting year in 2021 by posting a new all-time mark with over $1.3 billion in Statewide MLS sales volume. This comes after a 2020 campaign which saw RPL become this first and only company to ever top the […]
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‘Fire Station No. 1’ on Mill Street in Newport sells for $3.05 million
Gustave White Sotheby’s International Realty today announced the sale of 25 Mill Street in Newport. The property, which is known as “Fire Station No. 1” sold for $3.05 million. According to Gustave White Sotheby’s International Realty, Michelle Drum and Kate Rooney of Gustave White Sotheby’s International Realty represented the sellers. The buyer was represented by Tom […]
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‘Beacon Rock’ estate sells for $23 million
Gustave White Sotheby’s International Realty announced the sale today of ‘Beacon Rock’ at 147 Harrison Avenue in Newport. This architecturally significant oceanfront estate sold for $23,000,000. Commodore Edwin D. Morgan, cousin of J.P. Morgan, commissioned architect Stanford White from the renowned architectural firm of McKim, Mead & White of New York, to design a residence […]
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‘Ocean View’ on Bellevue Avenue sells for $16 million
Gustave White Sotheby’s International Realty today announced the sale of “Ocean View”, which is located at 662 Bellevue Avenue in Newport. The oceanfront estate sold for $16,000,000. The seller was represented by David Huberman and Tina Wiley of Gustave White Sotheby’s International Realty. The buyer was represented by Kate Kirby Greenman of Gustave White Sotheby’s International Realty. Gustave White Sotheby’s provides the following […]
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Beavertail Farm estate in Jamestown sells for $6.294 million
Lila Delman Compass today announced the significant sale of 589 Beavertail Road for $6,294,750. Bob Bailey, Manager of Lila Delman Compass’ Block Island office, represented the seller. According to data maintained from the Rhode Island Statewide MLS, this transaction marks the third-highest sale in Jamestown this year.* “I was honored to have the opportunity to sell this […]