![]() |
|
|
Ok, let's not get too excited, but....
Its only been a few days in this month BUT the Pending Index is matching the New Listing Index. 4.75 listings per day and 4.75 contracts per day in Newport County, RI. Does this mean that supply is matching demand? NO.
What it does mean is that the buying activity is strong and I would expect that our median and average sales prices will start to stabilize over the next few months.
We are coming out of a very bad market. Renewed interest and considerable job creation in the area will pull us out of the doldrums by early summer.
If you are a Buyer, hire a good Buyers Broker who knows the area well and has a strong reputation and great negotiating skills. If you are a Seller, hire an agent/agency with strong regional presence and great website.
Keep Hope Alive!
![]() |
|
|
It really feels like 1998. At least the current trends of the real estate market feel that way. Buyers are coming out of the woodwork, looking at property...looking and looking and looking...
Then when they find a property they like, they bid at least 20% under current list price to get the conversation started. Many sellers have already taken a perceived hit on the value of their properties. So most of the time conversations never get off the ground.
BUT..in the past 3 weeks we have seen more multiple bid situations where several people are after the same property. One seller threatened to take the property off the market and re-list for a much higher price this summer!
With 4.5 contracts per day in Newport County, we will see our sales numbers rise AND average sales price will rise as well as there has been a good amount of high end activity.
Keep Hope Alive!
![]() |
|
|
Expert Credit Repair in Tiverton RI
National Credit Fixers: 330 Roberts Street 4th Floor East Hartford CT 06108 phone: 860-282-6181 www.nationalcreditfixers.com National Credit Fixers boasts of 12 years experience repairing low FICO scores. Whether your credit has been damaged by a foreclosure, bankruptcy, slow credit, collections, judgments, repossessions, etc. we can help. We are the experts in credit restoration and credit repair.
National Credit Fixers is a reputable credit repair company that can legally remove negative items off of your credit reports and help you qualify for the best rates possible! Information contained in your credit file must be reported according to a law called the Fair Credit Reporting Act (F.C.R.A.). If the information isn't accurate or verifiable then it must be deleted. This means your FICO scores will go up as a result.
We have helped numerous residents in Tiverton RI repair and restore their good credit standings. We have corrected and or deleted every type of credit account. When you want your credit score improved in a timely and efficient manner call National Credit Fixers at 860-282-6181.
We offer Personalized... Not Computerized Credit Report Repair!
No two peoples credit reports are exactly the same! So, no pre-set computer program is going to be as effective as real, skilled credit report correction counselors. Period! At National Credit Fixers we offer professional credit repair services, we are real people working hard for our clients. Of course we use technology, but we do not rely on it to perform the task of credit report repair. We do not scan credit reports and have an automated system produce duplicate dispute letters to mail to the credit reporting bureaus. We have skilled counselors that analyze your credit reports, then determine the best possible plan for maximum results. Then we draft unique and individual letters to the credit reporting agencies or to the creditors, collections agencies, or courthouses, depending on your unique and individual needs. NO computer program can do that! When you call our office you will not be patched through to a call center full of unskilled telemarketers that read a pre-written script of answers to the "most commonly asked questions".
Average FICO score increase in 6 months: 50 points
Score increase in 35 days
10 points or more 93%
20 points or more 71%
50 points or more 20%
100 points or more 10%
Score increase in 90 days
10 points or more 97%
20 points or more 82%
50 points or more 35%
100 points or more 20%
There are too many factors that make up the credit score, so it is impossible to give you an accurate prediction of how much your score will increase. Since we do not know for sure which inaccurate items we are going to get removed, it is nothing more than a guess for us to tell our client how much their score will increase.
:)
Matt Listro

Toll Free: 888-NCFIXER (623-4937)
Toll Free Fax: 888-FAX-4020 (329-4020)
Local: 860-282-6181
330 Roberts Street 4th Floor
East Hartford, CT 06108
![]() |
|
|
The market has come alive along with all the daffodils! Our Pending Index has risen from a extremely low .8 contracts per day in December to a robust 3.5 contracts per day in April! March settled at 3.85 contracts per day!
With a healthy increase in job creation in our are due to the US Naval Base and related services, we very well could be at the low point in our market. There are too many jobs coming in and we are a "mature" market. On an island, you cant create more land..so supply is finite. With demand increasing we should see values stablizing late this year.
It's been very busy with multiple bid offers becoming quite common! Buyers are BACK!
![]() |
|
|
Demand is back! The pending index is consistenly above 3 sales per day for the first time since August 08. We have over 170 pending sales in Newport County, again, as high as it's been since late summer. Sign calls, internet inquiries, corporate leads from website.. all are up significantly!
Interest rates at historic lows! Buyers are recognizing the opportunity of a lifetime!! Time to BUY!!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved