Joseph Botelho's (joebotelho) Blog

Today's ProJo.com featured a story on Sheldon Whitehouse's hearing on the federal loan modification program exposing the miserable failure that it is.  Of course if your an agent selling real estate you knew that along time ago, as we usually get contacted by the homeowner after months have gone ...

Every now and then a couple of articles appear in the same edition of a newspaper that either really make you think, or alternatively, laugh out loud.  These articles in and of themselves usually reflect the goings on of the issues of the day, and read alone, offer some general information about ...

The impact of short sale and bank owned inventory is largely understated when discussing its impact on the pricing of inventory and and ultimate sale prices.  In assessing a handful of communities in RI local to my general market area we notice that in some cities at least 40% of their listing in...

Move in Ready Riverside Ranch OPEN SUNDAY, 9/18/2010 - 12-2pm - $214,900.00Bedrooms: 3Bathrooms: 1Parking Spaces: 2Year Built: 1963Subdivision: RiversideLot Size: 7200Garage Size: LargeSchool District: WaddingtonSquare Footage: 1152Agent Name: Joe BotelhoBroker: RED Realty USAMLS #: 974586Price: ...

Predicting the future of the real estate market has never been easy but it seems like even describing the current market has become a challenge for most pundits.  This is probably a result of the 24 hour news cycle and its impact on writers and columnists who are under pressure to produce materia...

Big House in Great Location! - $250,000Bedrooms: 4Bathrooms: 1.5Parking Spaces: 4Year Built: 1956Subdivision: Kent HeightsLot Size: 7856Garage Size: 2School District: Kent HeightsSquare Footage: 2268Agent Name: Joe BotelhoBroker: RED Realty USA LLCMLS #: 975136Price: $250,00034 Greenwich AvenueEa...

Spacious Colonial in Remote Kent Gardens - $149,000Bedrooms: 3Bathrooms: 2Parking Spaces: 4Year Built: 1930Subdivision: Kentg GardensLot Size: 6200Garage Size: 2School District: Silver SpringSquare Footage: 1356Agent Name: Joe BotelhoBroker: RED Realty USAMLS #: 974659Price: $149,00090 Sweet Bria...

Move in Ready Riverside RanchLocation: RiversideMOVE IN READY RANCH EATURES REMODELED KITCHEN AND BATHROOM, GLEAMING HARDWOOD FLOORS, NEW WINDOWS, INTERIOR PAINT AND ELECTRICAL SERVICE. SPACIOUS FAMILY ROOM WITH SLIDERS THAT OPEN TO NEW REAR DECK OVERLOOKING YARD.FeaturesBedrooms: 3Bathrooms: 1Pa...

So the latest numbers came out today regarding the housing market and anyone who has been around this field long enough should not have been surprised.   Most of us know the tax credit was the only thing propping up sales numbers and values in the face of high unemployment, tightening lending gui...