Market Conditions in Newport : Real Estate Advice

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Herb Armstro…, Real Estate Pro in Middletown, RI
Herb Armstrong answered:
How is the condo market in Newport at this moment ....spring of 2012? Is it a buyers market and if so....How much would YOU pay for a nice condo ?
Hi Janice,

I was just looking at the 2012 sales numbers for Newport and the current inventory as I prepare my annual sales report newsletter.

Condos are still a fairly strong bu ... more
0 votes Share Flag Wed Feb 6, 2013 Market Conditions in Newport
Jeff Brooks, Real Estate Pro in Newport, RI
Jeff Brooks answered:
I recently asked about Newport market. Someone replied that there is significant job creation occurring there. More info-details on this?Thanks, Kate
This year, now that most construction has been completed on the base, the incoming America's Cup is generating a lot of service industry type jobs and will attract much more work with t ... more
1 vote Share Flag Sat Jun 2, 2012 Market Conditions in Newport
Herb Armstro…, Real Estate Pro in Middletown, RI
Herb Armstrong answered:
How should I pay for a 900-1000 sq. Ft condo in the Kay catherine area.
If I knew which condo, I could give you more information, but generally, the condo complex has to be approved for FHA related loans. There are alternatives for financing even if not ap ... more
0 votes Share Flag Sat Jun 2, 2012 Market Conditions in Newport
Diane Jacobs…,  in 84098
Diane Jacobson answered:
How do the new FTC Mars rules affect Real Estate Professionals?
Real Estate Professionals are significantly effected by the MARS Rule (Mortgage Assistance Relief Services). It is primarily targeted at Loan Mod companies and Realtors advertising them ... more
1 vote Share Flag Mon May 9, 2011 Market Conditions in Newport
Tom, Home Owner in Newport County, RI
Tom answered:
since 2004, has the Newport RI real estate market had an overall increase of over 10%?? My sister has
Today? Neither of you. Maybe she's even upside down.
0 votes Share Flag Mon Mar 21, 2011 Market Conditions in Newport
Michelle Drum, Real Estate Pro in Newport, RI
Michelle Drum answered:
In the last few months what has been the average square foot price for condominium sales in Newport .
Dear Laura: Arthur Chapman's response is totally accurate and Raveis certainly has a great web site. Interestingly enough, in the past ( and I have been an agent since 1986) the co ... more
0 votes Share Flag Thu Nov 5, 2009 Market Conditions in Newport
Hi,  in Virginia
Hi answered:
is it better to buy now or will prices decresae or increase in spring / summer?
everything going down across the country. wait, be patient. what do you think recession does to housing prices? now factor in that there are way too many houses. yep, going way down ... more
0 votes Share Flag Tue Jan 1, 2008 Market Conditions in Newport
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