Rhode Island Real Estate

By
Real Estate Broker/Owner - William Raveis
Rhode Island Real Estate. Information and commentary on the real estate market in RI. We have an office on Bellevue Avenue in Newport, RI and another office on Main Street in Wickford, RI. We are planning expansion throughout the state. William Raveis is the 12th largest real estate firm in the nation and the largest family owned real estate firm in New England. From Manhattan to Maine, we are New Englands real estate company. apartments
RECENT BLOG POSTS
http://arthurchapman.raveis.com/propdetail.asp?KEY=2716834&AGENT=5074&PG=agentproplist.asp&AGT=5074&SITE=agt&OFC=24902   Located in Prospect Farm on a dead-end street and offering panoramic views of the Sakonnet River this 4-bedroom & 4- full bathroom home boasts over 5, 000 square feet of living...
03/26/2009
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http://www.raveis.com/propdetail.asp?STATE=RI&FROM=propfind&PG=1&TOTAL=14&sortdir=ASC&KEY=2716830&FSTKEY=2692366&LASTKEY=2716830&LASTPG=3    Estate setting for this 2 bedroom and 2 full bath condominium in Newport, RI.  Originally the carriage house, this condo is in an excellent location for all...
03/26/2009
1 Comments
Demand is back!  The pending index is consistenly above 3 sales per day for the first time since August 08.  We have over 170 pending sales in Newport County, again, as high as it's been since late summer.  Sign calls, internet inquiries, corporate leads from website.. all are up significantly! I...
03/26/2009
http://arthurchapman.raveis.com/propdetail.asp?KEY=2704160&AGENT=5074&PG=agentproplist.asp&AGT=5074&SITE=agt&OFC=24902    
03/12/2009
http://www.arthurchapman.raveis.com/propdetail.asp?KEY=2694837&AGENT=5074&PG=agentproplist.asp&AGT=5074&SITE=agt&OFC=24902 Charming two bedroom and two bath condo in excellent condition in a superior location in Newport, RI.  Large deck for entertaining, cozy fireplace in expansive living room, g...
03/10/2009
1 Comments
When will we see a bottom in the real estate market?  How do we know when things are starting to stabilize and "this is the time to get in" will become the prevailing attitude. How do you catch a falling knife? Instead of waiting until the "absolutely best time to buy", focus on your financial si...
03/02/2009
48%.  102 vs. 49. Wow. In January and February in 2008 there were 102 sales in Newport County.  Same time period in 2009 - 49!  Down 48%.  Today is the last day for closings this month and I don't expect we'll see 53 closings, perhaps 15 or so..maybe. The GOOD news is that the pending index is up...
02/26/2009
We are in the midst of a refi BOOM!  Speaking with my good friends in the mortgage business and they are swamped!  One of the problems, however, is that if you bought in the past year or two you may have very little equity in the property, so refinancing isn't so easy.  But the phone is ringing a...
01/08/2009
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I've finished the stats for one of the ugliest years on record in Newport County. 2008 was truly terrible on a lot of levels... Here's the highlights - or lowlights! Transactions - 730 total transactions - down 22% from 2007 Average Sales price - When you combine all properties average sales pric...
01/07/2009
1 Comments
We have much for which to be thankful.  Although the real estate market isn't as robust as one would hope, we are thankful for our expanding team of professional realtors, our health, our friends and our family. Wishing you all a wonderful holiday season and a very Happy New Year!
12/24/2008
Rainmaker
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Arthur Chapman

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