180 Degree Water Views!

The big water view... ahhhh.... There's just something about it that soothes the soul and makes life a little sweeter, and that's what you get with this neat-as-a-pin Newport home for sale near Easton's Beach and Cliff Walk.

Exceptional water views of the Atlantic Ocean and nearby pond combined with proximity to long, sandy Easton's Beach make this pristine three bedroom Colonial a rare and wonderful find! Every room has a water view, and its location on a gentle hill keeps the home out of the flood plain (one less thing to worry about and no flood insurance expense).

The fenced yard is nearly half an acre with amazing specimen trees and flowering shrubs. A reservoir just across the street offers a beautiful walking…

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HOME SELLER ADVANTAGE: NEWPORT

Low inventory and strong demand gave Newport home sellers an advantage in November.  Other Newport County markets remain in "Buyer Advantage" territory but less dramatically than in previous months.  Foreclosure activity continues at a steady pace. The total number of homes sold was up 12% over last year, but average and median sale prices declined.

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How's Newport, RI's Real Estate market?  

Well, it was pritt-tee impressive this past June.  Though all 6 Newport County towns are favoring buyers ever so slightly, the market's much closer to parity than it's been in years.  Inventory is on the rise, but homes are moving when they're priced competitively.  Do you know what your home is worth?  We do, and we would love to taik to you about it!

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 We are ever so pleased to announce the recent coronation of our own Caroline Richards!  The ceremony took place at the closing of 15 Lucas Avenue. where Buyers, Aram Terchunian and Lise Freilinghaus paid homage to the unsuspecting agent with a crown, a scepter, her own personalized playing card and a framed rendering of the incredibly cute house.  

Caroline was lauded for keeping things together through some particularly gnarly twists and turns.  The grateful (and creative) Buyer and Seller were heard to exclaim,  "Long live my real estate agent!"

Now 'at's sumfin you don't 'ear evrey die, Queenie!  Congrats!

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RI Tax Stamp Increase Imminent!

IF nothing changes, and you sell your home after July 1, 2014 you will pay 15% more Conveyance Tax (a.k.a Tax Stamps), and 100% of the increase will go to an account that can be spent by the Housing Resources Commission on ANYTHING.  

RI's Conveyance Tax is collected every time a Rhode Island home sells. It's collected at every closing, and it doesn't matter if you made money or lost money on your home.  The current tax is $4 per $1,000 of the sale price. Last Thursday (6/5/14) the House Finance Committee approved a budget increasing in the Conveyance Tax 15% from $4 per $1,000 to $4.60 per $1,000.  Next week the budget goes to the the House and Senate for final approval.

That puts Rhode Island's conveyance tax at…

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Cathy Wicks and Leah Poole - a Most Dynamic Duo...

Meet Leah (left), Cathy (right). They're the latest addition to our Hogan Associates Real Estate team!

We are SO pleased to welcome these two superstars to the fold.  With 17 years of combined experience, they offer a level of service and expertise that's hard to beat and - bonus - they know a thing or two about living large on Aquidneck Island!

This photo was taken last week on Panacea, a Ted Hood designed 62' Little Harbor Sloop run by Leah's very capable husband, Captain Jeffrey Poole.

These two have sold hundreds  (that's right, hundreds) of homes from Little Compton to Charlestown and everywhere in between.  They will analyze your real estate goals, provide you with sensible feedback…

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Newport County's Single Family Home Stats for March 2014  

One quick note:  While the market is favoring Buyers in the aggregate (Newport, Jamestown, Middletown, Portsmouth, Tiverton & Little Compton), Middletown moved into Seller territory this month providing a slight advantage to Sellers.  Low inventory and high demand are pushing this metric up in Middletown.  That's a first since the market started  recovering.

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Rhode Island's home style preferences are experiencing a major shift.  Smaller homes with authentic period design are rapidly gaining favor over the larger properties favored a decade ago. Buyers want new-old homes that look historic on the outside but contain open spaces, walk-in closets, cooks' kitchens and high efficiency mechanicals on the inside.

21 Mia Court on the Exeter / North Kingstown line is such a home. Completed in 2008 by former historic home owners, this jewel of a house incorporates all the things they loved about their historic farm house in Charlestown.  Wide plank pine floors, exposed beams, hand hewn doors, forged iron hardware and a huge fireplace with beehive oven are classic American Colonial elements.  The arrangement of…

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This week we welcomed Caroline Richards to the Hogan Associates' fold!  She'll be joining our Bellevue Ave. team, and we can't wait to watch her go!

A Salve Regina grad, Caroline spent 15 successful years in the banking / venture capital business in NYC, Boston, San Francisco and London, but she always wanted to come back to Newport. In 2007 she did, and she now resides here with her husband and 2 SUPER cute (and silly) kids.

Caroline has a devoted following of buyers and sellers.  She's smart and funny too - bonus - and we're really glad she's here!

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