What a diffference a few months can bring! In February/March the end of the world was near, but now we have a vibrant and very active real estate market! Sales volume will be up over 6% from last year, prices are stablizing and some markets have a VERY low supply. For instance, properties under
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12/03/2009
Rhode Island has seen a significant recovery in the real estate market. Our volume of sales is a strong indication of this rebound. While our unemployment numbers are still very high, there is significant job creation slated for this year in certain areas of the state. Our supply is dropping r
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12/03/2009
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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10/08/2009
The demand for real estate on Aquidneck Island has surged this past summer and suddenly we are facing a shortage of supply! Are we ready to see prices INCREASING in the area soon? Prices going UP? Very strange, but a real possibility. Newport County has seen a nearly 30% reduction in values si
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10/08/2009
"RESTHAVEN", Designed by famed American architect, Richard Morris Hunt, this is a rare architectural gem on Bellevue Avenue in Newport, RI. Expansive living areas, soaring ceilings, exceptionally large kitchen all with nearly 1 and 1/2 acres of prime real estate on Bellevue Avenue. Just steps f
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10/04/2009
I wouldn't bet on it. And even if they do, interest rates will be much higher very soon. The Fed announced that they will be scaling back the purchases of mortgage backed securities. This program by the Fed has artificially kept mortgage rates low by providing a funding source for the resale o
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09/24/2009
Final numbers for the second quarter from Newport County, RI. Single Family # Sales Average List Average Sale Median List Median Sale Days On Market 2008 259 $ 585,575 $ 544,958 $ 395,000 $ 366,500 131 2009 221 $ 456,464 $ 412,612 $ 319,000 $ 294,000
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07/02/2009
You'll want to stop by these Open Houses this weekend. 55 Shore Road, Bristol. Waterfront with dock! Open Sunday from 11 to 1. http://arthurchapman.raveis.com/openproplist.asp?STATE=RI&AGT=5074&SITE=agt&town=C598_598&FROM=openlist&city=Bristol 96 Ferry Landing Circle, Portsmouth. Top of the li
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06/26/2009
http://arthurchapman.raveis.com/propdetail.asp?KEY=2821235&AGENT=5074&PG=agentproplist.asp&AGT=5074&SITE=agt&OFC=24902 QUALITY CONSTRUCTION AND ELEGANT DETAILS ABOUND IN THIS GORGEOUS END UNIT. BRIGHT AND SPACIOUS LIVING AREAS AND OPEN FLOOR PLAN FOR TODAY'S LIVING! LARGE MASTER SUITE ON THE FIRS
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06/11/2009
http://arthurchapman.raveis.com/propdetail.asp?KEY=2820366&AGENT=5074&PG=agentproplist.asp&AGT=5074&SITE=agt&OFC=24902 6 units in 2 buildings. Two separate lots. 10 Dresser Street is a 4 family home, separate utilities. 4 bedrooms, two bedrooms each. 12 Dresser Street is a 2 family home, each
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06/11/2009