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03 June 2009
State of the Market for Informed Homeowners and Investors East Side Providence
We were recently asked some questions by a reporter for Personal Real Estate Investor Magazine. Since I noticed I had not posted since February (yes, its been that long) perhaps this interview will make up for it! This will be a long post and in the interest Read More...
04 February 2009
Too Many, Too Few. The story of condo sellers, condo buyers on the East Side of Providence.
There was an article published in the Providence Journal yesterday that reported the results of the 4th quarter condo sales for 2008. For closed transactions, the number of sales were down -17.4% and the median price -21.1% from $355,000 to $280,000. Read More...
04 September 2008
What I've been doing lately
Some would call it wasting a lot of paper. I just call it "getting the facts straight". I've spent many an hour in the office printing out neighborhood reports for the East Side of Providence, carefully customized by street, to run 8 year Read More...
16 August 2008
New Tax Law Affects Capital Gains for Second Homes turned into Primary Residences
We were having a discussion yesterday with one of our investor clients whether or not he and his wife should downsize and move from their primary single family residence, benefit from the capital gains exclusion ($500,000 in profit exempt from taxes for Read More...