Newport County Spring Market 2007 - 03/26/07 09:47 AM
The function of any market is supply and demand.  The real estate market is a function of supply - number of available properties on the market and demand - a function of consumer confidence, employment and cost of money or interest rates.  So, here we are on the first day of Spring 2007.  What's up with the supply/demand here in Newport County?
Inventory is down 12% in the county since August of 2006.  This is for all residential properties throughout the area.  Some property types in some towns are more or less than 12%, but nearly every type and town is down.
We … (1 comments)

RI real estate - 03/13/07 01:18 PM
The local market continues to improve.  Supply down 30% since August 30, 2006 and demand up over 10% versus 2006.  We anticipate a very active spring and already have seen several multiple bid scenarios.  Demand is BACK!!! … (0 comments)

 
Arthur%20chapman Rainmaker_large

Arthur Chapman

Newport, RI

More about me…

William Raveis

Address: 65 Bellevue Avenue, Newport, RI, 02840

Office Phone: (401) 846-3800 x 127

Cell Phone: (401) 640-0807

Email Me

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 10th 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. Newport, Middletown, Portsmouth, Tiverton, Little Compton, Jamestown, North Kingstown, South Kingstown, Narragansett, Charlestown, Westerly, East Greenwick, Cranston, Warwick, Providence, Lincoln, Barrington, Warren, Bristol, Scituate, Coventry, West Greenwich, Richmond, Foster, Glocester, Cumberland, East Providence, Westport,


Listings

Links

Archives

RSS 2.0 Feed for this blog

Find RI real estate agents and Newport real estate on ActiveRain.