Real Estate Insight

Real Estate Insight

This is how my buyers secured their dream home beating out four other offers in Rhode Island

Anxious that you’ll be putting in offer after offer in this competitive market? This is what we did to win the accepting offer and get my first-time home buyers into their dream home in East, Greenwich, RI ✨ We were flexible with the seller’s preferred terms, WHEN WE COULD BE. That’s right, we’re still in […]
Real Estate Insight

Should I Buy Now Or Wait?

Buy Now Or Wait? Here’s a look at three questions to ask yourself if buying is on your mind, but your just not sure about the timing right now. 1. Should I hold out for even lower mortgage rates? You could wait for rates to keep coming down, but a lot of other people […]
Real Estate Insight

Signs You House is Overpriced

Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different. But did you know one of the biggest things that could jeopardize your success is the asking price for your home? Pricing your house correctly is one […]
Real Estate Insight

The Impact of Mortgage Rates

Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their upcoming meeting, driven primarily by recent signs that inflation is cooling, and the job market is slowing down. Mark Zandi, Chief Economist at Moody’s Analytics, said: “They’re ready to cut, just as […]

Real Estate Insight This is how my buyers secured their dream home beating out four other offers in Rhode Island Anxious that you’ll be putting in offer after offer in this competitive market? This is what we did to win the accepting offer and get my first-time home buyers into their dream home in East, Greenwich, RI ✨ We were flexible with the seller’s preferred terms, WHEN WE COULD BE. That’s right, we’re still in […]

Real Estate Insight Should I Buy Now Or Wait? Buy Now Or Wait? Here’s a look at three questions to ask yourself if buying is on your mind, but your just not sure about the timing right now. 1. Should I hold out for even lower mortgage rates? You could wait for rates to keep coming down, but a lot of other people […]

Real Estate Insight Signs You House is Overpriced Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different. But did you know one of the biggest things that could jeopardize your success is the asking price for your home? Pricing your house correctly is one […]

Real Estate Insight The Impact of Mortgage Rates Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their upcoming meeting, driven primarily by recent signs that inflation is cooling, and the job market is slowing down. Mark Zandi, Chief Economist at Moody’s Analytics, said: “They’re ready to cut, just as […]

Real Estate Insight Early Housing Market Predictions for 2025 Thinking about moving in 2025 and wondering what to expect? In their early 2025 housing market forecasts, experts say mortgage rates will come down slightly. As that happens, more buyers will jump back into the market, so more homes will sell. And that’ll keep upward pressure on prices. Sheena Alescio RI & MA Realtor, […]

Real Estate Insight What does lower interest rates mean for the market? August 2024 Mortgage rates are currently hovering at 5.89%-6.51% a decline from the recent high of 8.1% in October, 2023. Buyers already in the market can expect even more buyer competition as people who have been on the fence of entering the market, may now take the plunge. We are still in a seller’s market […]

Real Estate Insight 2024 Best Places To Buy A Home In Rhode Island The top 3 places to buy a home in Rhode Island for 2024: 1. Cumberland, RI: Northern Rhode Island, easy access to Providence and Boston. Great Schools, families, and people. 2. Barrington, RI: A beautiful suburb of Providence. A coastal beautiful town with great schools. A family-friendly town with the East Bay Bike Path running […]

Real Estate Insight Rhode Island Market Summer 2024 The Rhode Island housing market has seen a slight change in Spring 2024 and as we enter Summer. What is that change? Many homeowners and home buyers have been complacent in their current homes the last few years for a couple or reasons. One being, locked in with a low interest rate. Homeowners have been […]

Real Estate Insight Rhode Island Homeowners Considering a Move If you are a Rhode Island Homeowner and considering selling in the near future, here’s what you need to know to aid in making your decision to move or not. As you might already be aware of, there is STILL very low inventory in Rhode Island as os May, 2024. The number of homes for […]

Real Estate Insight 5 Things To Know Before Moving to Barrington, RI. Considering a move to Barrington, Rhode Island? Here’s what you need to know. Schools. 3 out of the 6 schools in Barrington has been designated as Blue Ribbon Schools of Excellence by the U.S. Department of Education. The high school is ranked #3 in the state of Rhode […]

Real Estate Insight Staying in your small home longer than anticipated? It’s no surprise that more home-owners are staying where they are longer. With the recent home price increase over the past few years and higher mortgage rates, lots of people are staying where they are longer than anticipate. So what to do if you find yourself in a home that is getting cramped? Here are […]

Real Estate Insight 3 Reasons Why People Are Thinking About Buying in 2024 Surging home prices: more than 80% of metro areas experienced home price gains, with some markets having double-digit increases. High Demand: with fewer homes on the market, demand for available homes is higher than ever. It will take 2.8 months to move the current inventory level, well below the desired pace of 6 months. With […]

Real Estate Insight Waiting to sell? Are you thinking about possibly selling your house in the near future? Like everyone else, you might be getting by in the space you are in, in hopes the market shifts into your favor. We know the market is always changing. Do these things NOW to put yourself in a better position for when it […]

Real Estate Insight Kitchen Trends 2024 In with the new, out with the old! The days of the all white kitchens are behind us. Homeowner are starting to use color in hopes that their kitchens will leave a lasting impression. The new trend is color, we are seeing lots of blue and green tones starting to emerge. “Over the decades, the […]

Real Estate Insight What to expect as a potential seller in this seller’s market. As a seller or potential seller in the Rhode Island housing market, you can expect several key dynamics that may influence your experience. Firstly, it’s important to note that Rhode Island, like many parts of the United States, has experienced a strong seller’s market in recent years. This means that there is high demand for […]

Real Estate Insight Buyer’s Guide Buyer Guide Everything you need to know if you are thinking of buying a house… The Decision to Buy Before taking the plunge into the buyer pool, it’s important to consider whether homeownership is right for you. Rent vs. Buy? When looking for a new place to live, the first question you […]

Home

"Sheena did a terrific job selling my home and I actually got more than I was anticipating. I will be using her again to find my next home."

Contact Sheena Alescio

sheena.alescio@mottandchace.com

401.474.0851

Click Here

Copyright © 2024 Mott & Chace Sotheby’s International Realty. All rights reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Mott & Chace Sotheby’s International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies. The updated disclaimer above is to be utilized for consumer-facing materials created by affiliate Mott & Chace Sotheby’s International Realty, including a local affiliate Mott & Chace Sotheby’s International Realty website. All rights reserved.

Real Estate Insight

Home

Contact Sheena Alescio

Neighborhood News