C. C. and Chris Wall Providence RI Real Estate

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 of time, I am just going to post our answers as they were asked by the ...

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.  Days on market increased substantially +65% to 141 days.  Not a pretty ...

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 trends on the neighborhoods.  Make no mistake, real estate IS local. On the ...

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 a married couple filing jointly), and move into an investment condominium they own and have ...