While I firmly believe that areas of the state are recovering nicely and there is significant job creation, other areas of RI are still in trouble and will continue to see declines in values. Northern RI in general has significant unemployment and oversupply of foreclosures which will continue t
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02/27/2010
The real estate market in RI continues to recover. With very little new construction in the past 18 months, our inventory has been reduced dramatically. The first time homebuyer tax credit has significantly increased demand in the low end of the market and, recently, there has been an impressive
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02/23/2010
Relax on your waterfront dock, kayak or boat on the saltwater pond or glide out to the bay from your backyard. Private and serene setting on lush landscaped acreage in a desirable peninsula location close to Ocean Beaches, Newport, Providence and one hour from Boston. This home is designed to bri
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02/12/2010
Newport, RI - Single Family December, 2009 Prices Median price in December was $485,000. This is up 27.0% from $382,000 in December of 2008. Average sale price (most recent 3 months) is $594,265, down substantially from $770,370 in 2008. Inventory Inventory is 152, up a bit from 140 in 2008.
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02/10/2010
By John Tarducci, CMP, CRB Senior Vice President New Homes Division www.raveis.com (from http://blog.raveis.com) Emerging from the economic slowdown that began in 2007, the new home construction sales market in the Northeast has turned a corner. Although signs of stabilization vary widely by re
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02/06/2010
By Angela Thelin, Managing Director - Exceptional Properties on January 25, 2010 Exceptional Properties | 1 Comment » Let's start by defining "Luxury Properties". In essence, they are properties with distinct price points that differ from area to area. For the purpose of this writing, I have sp
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01/29/2010
Relax on your waterfront dock, kayak or boat on the saltwater pond or glide out to the bay from your backyard. Private and serene setting on lush landscaped acreage in a desirable peninsula location close to Ocean Beaches, Newport, Providence and one hour from Boston. This home is designed to bri
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12/14/2009
"RESTHAVEN" DESIGNED BY FAMED AMERICAN ARCHITECT, RICHARD MORRIS HUNT, THIS IS A RARE ARCHITECTURAL GEM ON BELLEVUE AVENUE. EXPANSIVE LIVING AREAS, EXCEPTIONALLY LARGE KITCHEN, NEARLY 1 AND 1/2 ACRES ON BELLEVUE AVENUE. Here's a link: http://arthurchapman.raveis.com/propdetail.asp?KEY=2934274&AGE
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12/10/2009
Beautiful Carnegie Abbey Golf Lodge residence with magnificent views of the 18th green and Narragansett Bay. This 2 Bedroom, 2 ½ bath residence is just next door to the Clubhouse, close to all of the amenities and services. Shamrock owners will enjoy a fabulous widow's walk, stone fireplace, a go
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12/07/2009
Rhode Island Single Family Active Sold Average Sales Per Month Months of Inventory Percent of Supply Percent of Sold Years of Inventory Total 5,808 7,615 635 9 100% 100% 0.8 $0K - $200K 1,862 3,
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12/07/2009