realtor: Median Home Prices: Homes SOLD In Newport, Middletown, and Portsmouth Rhode Island! - 10/17/07 09:38 AM
Median Home Prices: Homes SOLD In Newport, Middletown, and Portsmouth Rhode Island!
 
Here is a brief snapshot for the median price of homes that have SOLD in Newport, Middletown, and Portsmouth RI over the past 3 years:
 
September 2007: $444,000……………..Days on Market: 106
 
September 2006: $402,500……………..Days on Market: 102
 
September 2005: $465,000……………..Days on Market: 87
 
 
 
 
 
Posted by:
 
John Cain Broker Associate Sales - Rentals - Property Management Keller Williams Realty of Newport 809 Aquidneck Avenue Middletown, RI 02842 Direct: (401) 608-9214 Mobile: (401) 662-7668 Fax: (401) 845-9202
Email: John@MarketWatchRI.com Sales Web: www.MarketWatchRI.com View all of our … (1 comments)

realtor: Median Home Prices: Homes For Sale In Newport, Middletown, and Portsmouth Rhode Island! - 10/17/07 09:35 AM
Median Home Prices: Homes FOR SALE In Newport, Middletown, and Portsmouth Rhode Island!
 
Here are some stats for the median price of homes For Sale in Newport, Middletown, and Portsmouth RI.
 
September 2007: $497,000……………..Days on Market: 134
 
September 2006: $475,000……………..Days on Market: 111
 
September 2005: $499,000……………..Days on Market: 92
 
 
 
Posted by:
 
John Cain Broker Associate Sales - Rentals - Property Management Keller Williams Realty of Newport 809 Aquidneck Avenue Middletown, RI 02842 Direct: (401) 608-9214 Mobile: (401) 662-7668 Fax: (401) 845-9202
Email: John@MarketWatchRI.com Sales Web: www.MarketWatchRI.com
KW Rentals: www.NewportCountyRentals.com
 
(0 comments)

realtor: Median Home Prices: Homes For Sale In Rhode Island! - 10/17/07 09:29 AM
Median Home Prices: Homes For Sale In Rhode Island!
 
Here are some stats for the median price of homes for sale in Rhode Island.
 
September 2007: $314,900……………..Days on Market: 109
 
September 2006: $325,000……………..Days on Market: 96
 
September 2005: $338,900……………..Days on Market: 75
 
Posted by:
 
John Cain Broker Associate Sales - Rentals - Property Management Keller Williams Realty of Newport 809 Aquidneck Avenue Middletown, RI 02842 Direct: (401) 608-9214 Mobile: (401) 662-7668 Fax: (401) 845-9202 Sales Web: www.MarketWatchRI.com View all of our rentals at: www.NewportCountyRentals.com
(0 comments)

realtor: Rhode Island Real Estate Market Conditions – Sold in September! - 10/17/07 09:20 AM
*All RI MLS:
 
9/2006 = 1036
 
9/2007 = 765
 
% Difference: -26.16%
 
*Aquidneck Island
 
9/2006 = 50
 
9/2007 = 42
 
% Difference: -16%
 
*East Bay
 
9/2006 = 56
 
9/2007 = 35
 
% Difference: -37.50%
 
 
 
 
 
Posted by:
 
John Cain Broker Associate Sales - Rentals - Property Management Keller Williams Realty of Newport 809 Aquidneck Avenue Middletown, RI 02842 Direct: (401) 608-9214 Mobile: (401) 662-7668 Fax: (401) 845-9202 Sales Web: www.MarketWatchRI.com View all of our rentals at: www.NewportCountyRentals.com
 
 

 
(0 comments)

realtor: Past Supply Numbers For The U.S. Real Estate Market! - 10/17/07 09:18 AM
12/2004  Inventory = 2.22 million units
 
12/2005  Inventory = 2.85 million units
 
12/2006  Inventory = 3.51 million units
 
 
 
 
Posted by:
 
John Cain Broker Associate Sales - Rentals - Property Management Keller Williams Realty of Newport 809 Aquidneck Avenue Middletown, RI 02842 Direct: (401) 608-9214 Mobile: (401) 662-7668 Fax: (401) 845-9202 Sales Web: www.MarketWatchRI.com View all of our rentals at: www.NewportCountyRentals.com
(0 comments)

realtor: Truths In A Shifting Market - 10/17/07 09:16 AM
Truths In A Shifting Market
 
The tide has turned! It is now more important than ever to know your market!
 
It's important to::
 
*Know the numbers!
*Educate their buyers and sellers on the local market conditions!
 
Inform your sellers!  They need to understand the current market:
 
How many homes in their price range are currently on the market?
 
How many similar homes have sold in the past 6 months, 3 months, and last month?
 
What kind of cooperative commissions are being offered on competing properties?
 
The absolute importance of using an effective pricing … (0 comments)

realtor: Be Aware Of All Of The Scams Targeting Realtors!!! - 05/18/07 02:34 AM
I'm sure I'm not the only one receiving these emails from multi-million dollar buyers, investors, and others that want to give me free money!!!   If it seems too good to be true, it probably is!
 
 
Here's a warning that came from another Keller Williams Realty office....
We received a check in the mail this week, drawn on a shipping company in Wisconsin, in the amount of $9500.00.  The check came in an envelope that was posted in Nigeria, with no explanation of why they were sending us the money.  It was made payable to Keller Williams Realty.
 
I found the telephone … (4 comments)

realtor: Spring is in the air and mortgage applications are on the rise! - 03/07/07 07:18 AM
We are quickly approaching the spring season and more people are out applying for mortgages.  Mortgage rates are still low with the average interest rate for a 30-year fixed-rate mortgage being 6.04 percent.  According to the Mortgage Bankers Association, the MCI (Market Composite Index), which measures mortgage application volume, is at 671.6.  This is shows an increase of 7.3% on a seasonally adjusted basis from a week earlier when it was at 626.1.   When rates go down, refinancing applications tend to rise.  Refinancing applications accounted for 46.1% of total applications up from 43.2% just a week ago.  With interest rates still … (1 comments)

realtor: You've found your new home and signed the contract...when can you move in? - 03/05/07 09:48 AM
Buying a home, however, is far more complicated than buying a car. Plus, you're not likely to take title to a home as quickly as you can drive new car off the showroom floor. How long it takes to close a sale varies from one home purchase transaction to the next. Closing occurs when title to the property transfers from the seller to the buyer. The closing date is one of the many elements of a home purchase contract that are negotiated by the buyer and seller. The buyer usually proposes a closing date in the initial offer. If that date … (0 comments)

realtor: What is included in a home sale? - 03/05/07 09:45 AM
It's helpful to understand the difference between real property and personal property. Real property refers to the land and anything that is permanently attached to it, such as a house, trees, shrubs and a fence. Personal property is movable--things that are not permanently attached to real property. Furniture, clothing, art work and potted plants are examples of personal property. A fixture is an item of personal property that is attached to the real property and is therefore treated as real property such as plumbing and light fixtures. Fixtures typically transfer to the buyer with the real property unless they are specifically … (0 comments)

realtor: What kind of insurance will I need when I buy a home? - 03/05/07 09:44 AM
Before a lender will issue the mortgage funds to close on a home purchase, a policy of title insurance is usually required which guarantees the lender's interest in the property. The buyer usually pays for the lender's title policy. But, the lender's policy won't protect the buyer's interest in the property. Buyers should obtain their own policy of title insurance. Who pays for the buyer's title insurance is usually negotiable between the buyer and seller, and is often set by local custom. Title insurance is paid for on a one-time only basis, and it's not transferable. The cost of a policy … (0 comments)

realtor: Does your home have "defects"? Of course it does! - 03/05/07 09:38 AM
Did you know that just about every home has defects?
You'll undoubtedly discover defects during your inspections. In fact, you should hope that any significant defects are uncovered before you remove your inspection contingency from the purchase contract. It's far worse to be surprised after closing by unanticipated repair expenses. Armed with a complete assessment of the current condition of the property, you can make an informed decision about whether to purchase the property in its present condition. Or, you may want to renegotiate the terms of your contract with the seller. If defects are incurable, you may want to withdraw from … (0 comments)

realtor: What is an "as-is" sale? - 03/05/07 09:35 AM
What is an "as is" sale?It's difficult to know from an advertisement what "as is" means with respect to the sale of a residential property. It can mean that the property is being sold in its present condition and without a warranty. In other words: The seller makes no guarantees about the property's condition.In some states, like California, sellers may provide a general warranty of habitability when they sell a home. Generally, this means that the roof is free of known leaks and the dwelling systems like plumbing and electrical are in working order. With an "as is" sale, such a … (0 comments)

realtor: Getting Ready To Sell? Here's What You Should Do! - 02/24/07 10:01 AM
In preparing your house to sell, ask yourself over and over if your house looks like someone else's dream house. Houses in move-in condition tend to be inviting to buyers; houses that are like new typically sell the fastest and procure the best price. With that in mind, here are a few things to consider when getting ready to sell: Exterior Remember the 60-second rule: that's all the time you have to create a good first impression! Mow the lawn, rake leaves, trim trees and shrubs that keep light out of the house and remove dead plants. Pick up tools, garbage … (0 comments)

realtor: 10 Questions to Ask Your Realtor about Selling a Home - 02/24/07 09:58 AM
1. Are you a full-time professional real estate agent? How long have you worked full time in real estate? How long have you been representing buyers? What professional designations do you have? Knowing whether or not your agent practices full time can help you determine potential scheduling conflicts and his or her commitment to your transaction. As with any profession, the number of years a person has been in the business does not necessarily reflect the level of service you can expect, but it is a good starting point for your discussion. The same issue can apply to professional designations. 2. … (5 comments)

realtor: Buying A New Home? How to Make Your Move Easier on Your Family! - 02/24/07 09:41 AM
People generally have two kinds of needs during a home purchase. First are the transactional needs, such as searching for a home, obtaining financing, negotiating the terms of purchase, completing paperwork and legal documents, and arranging the move. The second are emotional needs, which can be more stressful than the financial ones. The following are some tips to help ease the stress. Prepare your children Although you may have lived in your current home for just a few years, four years is half the lifetime of an eight-year-old. Your home may be the only home your children remember. It’s where they … (0 comments)

realtor: Thinking of Buying? Top 10 Signs That It's Time To Own Your Own Home - 02/24/07 09:38 AM
10. You're ready to stop paying your landlord's mortgage payment, and start building wealth of your own. 9. You could use the property tax and mortgage interest deductions. 8. You want a vested interest in your community. 7. It’s mid-August and you can no longer tolerate waiting for your landlord to send someone to fix your air conditioner. 6. You are working at a job where you won’t leave the country every other year. 5. You want to provide your family with a sense of stability and plant roots. 4. There are more than twice as many people as bedrooms in … (0 comments)

realtor: 1031 Exchanges: Common Questions t - 02/21/07 01:34 PM
Do you have some questions about 1031 exchanges? 
Here are some answers to common asked questions! 
 
What does the term 1031 refer to? 1031 is the number assigned to the Internal Revenue Code Section that provides for the tax deferred exchange of real and personal property.
What does the term Starker refer to? It refers to the landmark 1979 federal case entitled, Starker v. U.S. 602 F2d 1341 (9 th Cir 1979) wherein the court substantiated the validity of the delayed exchange process. Prior to the Starker case, the courts had never sanctioned an exchange whereby the relinquished property was sold … (2 comments)

realtor: NEWPORT RHODE ISLAND REAL ESTATE UPDATE!!! RI HOMES FOR SALE!!! - 02/16/07 02:17 AM
INVENTORY TOTALS AS OF FEBRUARY 16TH, 2007 - AS LISTED IN RI MLS
 
NEWPORT:
SINGLE FAMILY HOMES: 105RANGING FROM 279,900 - 12,750,000
MULTI-FAMILY / INVESTMENT PROPERTIES: 36RANGING FROM  275,000 - 1,650,000
CONDOS: 117RANGING FROM  129,000 - 4,500,000
 
MIDDLETOWN:
SINGLE FAMILY HOMES: 71RANGING FROM 259,000 - 16,000,000
MULTI-FAMILY / INVESTMENT PROPERTIES: 6 RANGING FROM  299,000 - 1,895,000
CONDOS: 29 RANGING FROM  189,000 - 1,700,000
 
PORTSMOUTH:
SINGLE FAMILY HOMES: 139 RANGING FROM 150,000 - 4,600,000
MULTI-FAMILY / INVESTMENT PROPERTIES: 3 RANGING FROM  330,000 - 769,900
CONDOS: 33 RANGING FROM  259,000 - 4,395,000
 
CLICK HERE TO SEARCH ALL MLS LISTED PROPERTIES IN RHODE ISLAND!
 
POSTED BY:
JOHN CAINBROKER ASSOCIATE
KELLER WILLIAMS REALTY OF NEWPORT809 AQUIDNECK AVENUEMIDDLETOWN, RI 02842
www.MarketWatchRI.comwww.MyRIRental.com … (0 comments)

realtor: Why use Keller Williams Realty? - 02/14/07 08:07 AM

Why Use Keller Williams®    ...because your move matters
Full Time Professionals: Keller Williams® is made up of top full time sales associates and supporting staff that are carefully selected to be part of our firm.
Knowledgeable: In addition to required education for licensing, our sales associates attend numerous courses through Keller Williams® University to keep them up-to-date on current real estate trends and information. Our training is the most comprehensive in the industry.
Professional Standards: Our standards for performance are for the benefit of our clients and they are the highest standards in the industry. Our policy manual guarantees … (0 comments)

 

John Cain

Broker Associate

Newport, RI

More about me…

Keller Williams Realty of Newport

Address: 809 Aquidneck Avenue, Middletown, RI, 02842

Office: 401(845) 920-0214

Mobile: (401) 662-7668

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