Thursday, February 27th, 2014 at 11:48am. 137 Views, 0 Comments.
Easton’s Point in Middletown has some of the hottest real estate in Newport County. This townhouse right in the center of Easton’s Point puts you a stone’s throw from 1st and 2nd Beach. The Stone Towers condo association is located atop a knoll right off of Tuckerman Ave. It gives a home owner the great opportunity of owning their own slice of heaven in this highly sought after neighborhood.
Refinished only a handful of years ago, it’s ready for you to move in just in time to enjoy your first summer here in Middletown.
The Middletown Condominium is minutes to restaurants, coffee shops, convenience stores, nightlife, breakfast diners and shopping. The neighborhood has the small town beach community feel for everything families need and…
Wednesday, February 5th, 2014 at 6:39pm. 148 Views, 0 Comments.
Tuesday, January 14th, 2014 at 6:47pm. 1,765 Views, 0 Comments.
Real Estate in Newport RI, much like the rest of the country, had a great year. But how did Newport fare alongside the rest of the nation? Here’s where we stand on 2013.
Nationally and in Rhode Island:
The Case/Shiller National Index, an index of national home prices, experienced a 10.06% increase year over year through September 2013. That’s the largest 12-month gain since March of 2006! Rhode Island median home prices appreciated 10.48% with an 18.9% increase in volume! The increase in volume is a strong sign of a strengthening market.
Single Families – Newport, RI
Newport’s median price appreciation lagged behind the national and state average with a price increase of only 2.1%. That said, Newport dwarfed the rest of the
Monday, January 6th, 2014 at 4:40pm. 310 Views, 1 Comments.
RI FLOOD INSURANCE UPENDED
Flood risk across the country, particularly in coastal areas like Newport, RI is on the rise. The Beggert-Waters Act of 2012, resulted in the redrawing of all flood insurance rate maps to reflect current elevated risks. As a result, some properties that have never needed flood insurance are now in high risk zones, some properties are no longer insurable at all, and flood insurance rates are skyrocketing.
WHY IS THIS HAPPENING?
The Federal Government's flood insurance program has lost $19 billion in recent years. To continue to have a viable flood insurance program, the government plans to make those who have the risk pay for it. As a first step, all of the flood maps are being…
Tuesday, December 31st, 2013 at 6:26pm. 162 Views, 0 Comments.
Hogan Associates’ Broker, Matt Hadfield, wanted to do something more this year than simply sponsor a family over the holidays. He wanted to do something in the spirit of giving the whole year through. Earlier this year, he came up with the idea of "Project Re-Give". The goal of Project Re-Give is to collect unwanted or duplicate holiday gifts and donate them so that resident's of Lucy's Hearth may receive presents to celebrate birthdays and other milestones throughout the year.
How it Works: Instead of returning an unwanted or duplicate gifts, we are asking people to donate these gifts to Project Re-Give. We are not asking for anyone to go out and purchase gifts, simply to donate gifts that they may not otherwise return. Items are being…
Monday, December 16th, 2013 at 10:38am. 283 Views, 0 Comments.
Thinking about a Rhode Island Condo purchase? Condos are convenient and cost effective but they come with certain fees you need to understand. Condo fees serve a purpose for property owners, even if no one likes paying them. When allocated properly, condo fees are a cost effective way to maintain and add value to your property.
Here’s what they cover:
-Capital Reserves: Some associations have minimum reserve requirements. Your capital reserve is essentially a forced rainy day fund. It covers things like insurance deductible payments, unexpected repairs and capital improvements. It’s there to keep things running smoothly and to avoid the need for a special assessment. The higher the association’s capital reserves, the easier the units are to sell,…
Friday, October 11th, 2013 at 2:28pm. 218 Views, 0 Comments.
Hogan Associates Real Estate has just reduced the price on the Seafare Residences, creating an exceptional opportunity for first time homebuyers to enter the Real Estate market and own a home of their own. Entry-level townhomes start at just $189,000.
For the empty nester looking to downsize, the newest models will offer much sought after first floor master suites. The newly constructed condominiums feature: garages, central air conditioning, full basements, decks and fenced in patio areas.
Work on the landscaping has just begun and soon Seafare will feature open green areas and tree lined streets.
For more information, please visit: www.seafareliving.com
Monday, October 7th, 2013 at 7:35am. 214 Views, 0 Comments.
The Government Shutdown may affect Real Estate over the coming weeks. Perhaps not market values, but existing transactions, and buyers looking to make offers. Being a Realtor, I’m certainly not furloughed and neither are most other private sector jobs. But in a community like Newport RI, it may end up affecting us more directly than we’d like.
Nearly 900,000 federal employees were told not to come into work on Tuesday. That’s nearly a third of all persons being paid directly by the US. These people include members of the DoD, National Parks, Memorial Administration, FHA and IRS. Since 1975 there have been 17 government shutdowns, averaging nearly a week. Ranging from 1 to 21 days each.
How it Affects Newport County:
Thursday, October 3rd, 2013 at 11:24am. 151 Views, 0 Comments.
Class A office and retail space is now available in Newport. Located in the heart of Newport's wharf district, 10 Brown & Howard residential, retail and office development is nearing completion. Marketed by Jen Pierik and Matt Hadfield of Hogan Associates Real Estate, the first office condo sale came in at full asking price prior to being put on the market. The 1750 sq ft office space is the first of the seven Office/Retail condos to be put under agreement. With a high demand for newly constructed Class A Space, it is not surprising a sale happened so quickly. Local developer, Mark Bard, who had the vision to develop the site, knew Newport needed a building like 10 Brown & Howard. Based on the response from perspective buyers, Bard was absolutely correct.…
Wednesday, August 28th, 2013 at 9:51am. 364 Views, 0 Comments.
Historic homes abound in Newport, RI, but the John Bliss House is a real stand out, and it's FOR SALE!
Historic John Bliss House, c 1680, (click here for listing details) is widely regarded as Newport, RI’s oldest existing home – an architecturally significant Stone Ender Colonial, built by Quakers. A true Antique! The structures’ signature feather is its Stone Ender Fireplace, a massive focal point of the interior. The Stone Ender Chimney occupies the whole North facing wall protecting the farmhouse from the cold north air. The chimney has 2 FP’s on first floor, and two more on the second floor. There are two very larges fire places, each 8' wide, and one with a Beehive oven for baking. These fireplaces, especially the dining room fireplace,…