Real Estate News from Popular Rhode Island Cities

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Real Estate News from Popular Rhode Island Counties

By Ginny Gorman, Homes for Sale in North Kingstown RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Comments 11
Coastal North Kingstown RI Home for Sale 23 Cecil Avenue  Coastal Renovated Cottage 23 Cecil Ave. N.Kingstown RI for Sale OPEN HOUSE Sunday April 14th 1-3 pm   Overview Maps Photos Features Open House $325,000 Single Family Home Main Features 2 Bedrooms1 Full Bathroom1 UnitInterior: 1,500 sqftLot...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 2
The past few weeks have been steady as she goes, so I'm going to mail in this post.  Interest rates took a nice dip last week and continue to hold ground just north of 4%, lending support to the housing market, while real estate remains stable with moderate softening.  Existing home sales came in...

By Ginny Gorman, Homes for Sale in North Kingstown RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Comments 17
38 Milton Rd Warwick RI Craftsman Bungalow for Sale   38 Milton Rd Warwick RI Bungalow for Sale Overview Maps Photos Features $215,000 Single Family Home Main Features 3 Bedrooms1 Full Bathroom1 UnitInterior: 1,224 sqftLot: 6,100 sqftYear Built: 1915MLS #: 121800 Location 38 Milton RoadWarwick, R...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 0
If you've followed my previous blogs, I've postured that the slowdown in real estate was a brief pause, rather than a substantial decline in the market.  February's existing home sales bounced back with a blistering 12% increase over January, but still down 2% year over year.....I'll take it!  Th...

By Ginny Gorman, Homes for Sale in North Kingstown RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Comments 10
 First Day of Spring in Rhode Island There is no doubt that the upstairs weather man delivered a better day in Rhode Island than recently in the weather department.  Yes, the first day of spring is suppose to bring us 50 degrees of sunny weather.    Hold your breath all because I hear the forecas...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 0
Mortgage interest rates dipped to the mid-4% range in the fourth quarter of 2018 largely fueled by concerns over a European economy that can't seem to get out of first gear over the past 10 years, and ongoing China trade negotiations.  More recent housing and employment data has put economists a ...

By Ginny Gorman, Homes for Sale in North Kingstown RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Comments 10
Clocks Forward One Hour | Sunrise over Rhode Island.  Sunday March 10th 2019Actually my body clock says get up and watch a fabulous waterfront Rhode Island real estate sunrise.  Over the now calm Narragansett Bay, there is nothing like the colors that break with the rising sun and the new day day...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 1
GDP Beats Forecasts In my last blog post, I reported sales of newly built home increased 40% month over month in December lending optimism that maybe the fourth quarter slowdown in housing would be a short-lived breather followed by a pick up in sales as we near the spring market.  Unfortunately,...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 5
While the country was braving frigid temperatures during the polar vortex, new home sales were on fire. The Mortgage Bankers Association  reported a substantial increase in sales of newly built homes last month.  The Builder Application Survey (BAS) conducted by the Mortgage Bankers Association i...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 2
Interest rate markets remain stable with continued concerns over anemic economic growth in Europe, Brexit, and the ongoing China trade talks.  Rates are holding steady in low to mid 4% range lending support as we head into the 2019 home buying season. Sandwiched between recent major economic eve...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 2
 Major economic events made this a volatile week. Wednesday's Fed meeting was strongly positive for mortgage rates, while Friday's Employment report was modestly negative. The net result was a decline in rates for the week.   As expected, the Fed held the federal funds rate steady in light of sto...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 0
AUTOMATE YOUR SAVINGS - IT'S AS SIMPLE AS THAT!Whether it's $50 or $1,000 per month, start diverting some amount of money out of your checking account each pay day and put it into a separate brokerage account, such as Vanguard or Fidelity.  While auto-debiting directly into a local bank account i...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 0
Home Sales Slide With some major economic data unavailable due to the government shutdown, and ahead of several major economic events in the near future, there was little market moving news this week, and mortgage rates ended nearly unchanged.  One economic report which was released this week rev...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 2
Interest rates continue to benefit from a short-term economic environment, but this sweet spot will be short-lived.  Once the affects of the Washington stalemate and threat of China tariffs abate, rates will find their way back to where they were in the latter half of 2018, pushing 5%.  Those for...

By Ginny Gorman, Homes for Sale in North Kingstown RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Comments 14
Get Ready for Snow Storm in RI and the Northeast When it comes at us it comes large in the winter and real estate grinds to a halt as clients and real estate agents get ready for the snow and staying safe. Here is a quick list of RI snow preparedness items to do in the next day:- 3 days of storm ...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 0
As sure as the Holidays pass, and father time swipes the clock to the new year, Realtors will begin touting that winter is the best time of the year, not only to buy a home, but to sell as well.  The mantra goes, there is less inventory, so a would be home seller has less competition.  Conversely...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 2
  Continuing concern about the pace of global economic growth was good for mortgage rates and negative for stocks this week. The major U.S. economic data and the Fed meeting were smaller influences, and mortgage rates ended the week lower. As expected, the Fed raised the federal funds rate by 25 ...

By Ginny Gorman, Homes for Sale in North Kingstown RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Comments 13
Merry Christmas | Happy Holidays | Peace to All   Wishing you all the best this holiday season with friends and family.Be kind to all, give of your heart and make that difference that makes you proud.It is the time of giving of oneself, soulful thoughts and good deedsFrom your Rhode Island Ruby R...

By Ginny Gorman, Homes for Sale in North Kingstown RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Comments 14
 Loving the Rhode Island Coast in WinterOOPS not Yet but it Feels Like It There is beauty in those dark Rhode Island shores...from the deep blue grey of an angry ocean after the winds come through, to the icy seawalls protecting homes, frozen toppings on the sand and it is truly Rhode Island in w...

By George DeVine, Mortgage Banker
(Atlantic Home Loans)
Comments 0
European Central Bank Ends Bond Purchases While a lot of volatility again was seen in the stock market, it was a relatively quiet week for mortgage rates. The major U.S. economic data came in on target, and there were no surprises from the European Central Bank. As a result, rates ended with litt...

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