Rhode Island Real Estate

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
Climate Rhode Island enjoys a moderate climate with four distinct and colorful seasons. Rainfall is evenly distributed throughout the year, and the greatest snowfall usually occurs in February. The average January temperature is 30 degrees F, with an average July temperature of 72 degrees F. Annu...
The volume of closed transactions has reached a very low point in Newport County but the Pending Index is still strong.  Pendings dropped in mid December and we are seeing the results of fewer contracts written in that time period, however, the Pending number increase nicely in January and so far...
1/26/2008Newport County  Active  Sold  Average Sales Per Month  Months of Inventory Percent of SupplyPercent Sold Single Family         641     647             5412 55%73% Multi Family           86       43               4              24 7%5% Condo         257     149             12             ...
 William Raveis Chapman Enstone is a  Real Estate agency located in Newport, RI. We provide innovative marketing approaches to Real Estate with a focus on World Class customer service.Now, more than ever buyers and sellers need experienced representation. Our agency and its agents encompass a wid...
Our market is performing ok, not fantastic but not nearly as bad as the media might indicate.  We compile a tremendous amount of statistics over and above the statistics we analyze from outside sources.  Our statistics are showing that the Newport County market is still performing well.  Our Pend...
I'm Back!  Been a while but we have been BUSY!  Here's what we've done since June:We've joined William Raveis Real Estate, http://www.raveis.com/.  New Englands largest family owned real estate company with #1 market share in CT and #3 in MA. We've added the rental team, database and website of N...
Here's an overview of the supply and demand with months of available inventory for Newport County:5/30/2007Newport County  Active  Sold  Average Sales Per Month  Months of Inventory Percent of SupplyPercent Sold Single Family   816  634   52.8      15 59%71% Multi Family   101    47    3.9      2...
Too much inventory!  Way too much inventory!  We have an 18 month supply of properties for sale in Newport County!  Great time to buy!! This 18 month supply should start to reduce as we go throught the summer.  Usually, supply increases slow down in the summer months and demand is stronger, so we...
We had a very busy weekend with our Open Houses!  Buyers are out, offers coming in, second showings are being arranged!  All of this I expected when we had such a slowdown in the March/April timeframe.  I've been doing this for a while now and have developed a "nose" for the business.  June will ...
We've reached a very high 18 Months of supply as evidenced below:Totals ActiveSold Average Sales Per Month  Months of Inventory County  1,360   908      75.7          18 Newport        399     312          26.0              15 Middletown        169     149          12.4              14 Portsmouth...

Arthur Chapman

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