Inventory and Economics. Experiencing the Lesson First Hand.
If the Real Estate catchphrase of 2012 was “interest rates” 2013 will be “inventory”. So far it’s been a fantastic and frustrating 2013 for us realtors here in Newport, and per the media, we’re not alone. Inventories nationally are at 13 year lows. As I mentioned in a blog post back in November, inventory levels […]
Ocean Drive, Rhode Island Luxury Home Video
Luxurious Ocean Drive Home at 18 Winans Av, Newport, Rhode Island, 02840 – MLS® #1027978 View the video for this incredible ocean view Cape Cod home on Ocean Drive that includes deeded beach rights on a half acre lot. Get more information about this Ocean Drive home, or feel free to contact us with any […]
Rhode Island Coal Mines at Carnegie Abbey Golf Resort
Portsmouth, RI Coal Mine COAL MINES BENEATH CARNEGIE ABBEY GOLF COURSE PORTSMOUTH, RI – Most golfers at Carnegie Abbey Club are unaware that the water used to irrigate the golf course comes from miles and miles of abandoned coal mines running east/west from Narragansett Bay to East Main Rd. and north/south from Portsmouth town hall […]
203K Loans and buying RI Real Estate: 5 Things to Know
What is a 203K Loan? An FHA 203k Loan is a rehab loan backed by the Federal Housing Authority. It allows home buyers to borrow to make repairs to a property after closing. Why would I use a 203K Loan? Typically for most conventional loan approvals the property has to be habitable and pass […]
Tuckerman Ave Condo; Easton’s Point living without the Easton’s Point Prices
<p>Easton’s Point in Middletown has some of the hottest real estate in Newport County. This townhouse right in the center of Easton’s Point puts you a stone’s throw from 1<sup>st</sup> and 2<sup>nd</sup> Beach. The Stone Towers condo association is located atop a knoll right off of Tuckerman Ave. It gives a home owner the great […]