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On the Market: Explore 28 open houses in Newport County this weekend (Nov. 2 – 3) – What's Up Newp

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On the Market: Explore 28 open houses in Newport County this weekend (Nov. 2 – 3) – What's Up Newp


Welcome to this week’s edition of “On the Market,” where we highlight exciting real estate opportunities featuring open houses across Newport County. As we embrace fall, the Rhode Island real estate market is experiencing notable shifts. Inventory levels are gradually increasing, but many buyers face affordability challenges as conventional loan rates remain around 7%.  

While the market remains competitive, we anticipate greater price stability as sellers adjust expectations and buyers negotiate more assertively. It’s essential for buyers to monitor interest rate fluctuations, especially with indications that the Federal Reserve may keep rates higher into 2024. Newport and surrounding communities continue to be highly sought after, particularly as remote work makes Aquidneck Island an attractive option for permanent residence.

Partnering with an experienced local agent is crucial during these changes. Tyler Bernadyn, co-owner of RE/MAX Results, offers unparalleled local expertise and commitment to his clients. Whether you’re buying or selling, Tyler is here to guide you through the process.  Be sure to visit his open house this weekend at 17 Longmeadow Road in Portsmouth.  

For questions on any of these offerings or to discuss the market, please contact Tyler at 401-241-1851 or TylerB@resultswithremax.com. Let’s take the next step in your real estate journey together.  

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Click HERE to see what’s On The Market this weekend in Newport County

Saturday, November 2, 2024 – Open House roster

Middletown

  • 1505 Fairway Drive
    • Property Type: Condominium
    • Time: 11:00AM-1:00PM
    • Price: $550,000
    • Bedrooms: 3
    • Bathrooms: 3/1
    • MLS#: 1371983
  • 262 Peckham Avenue
    • Property Type: Single Family
    • Time: 11:00AM-12:30PM
    • Price: $2,599,000
    • Bedrooms: 3
    • Bathrooms: 3/1
    • MLS#: 1360274

Newport

  • 47 Admiral Kalbfus Road
    • Property Type: Single Family
    • Time: 12:00PM-1:30PM
    • Price: $575,000
    • Bedrooms: 3
    • Bathrooms: 1/0
    • MLS#: 1372068
  • 131 Broadway #6
    • Property Type: Condominium
    • Time: 10:30AM-12:00PM
    • Price: $385,000
    • Bedrooms: 1
    • Bathrooms: 1/0
    • MLS#: 1371654
  • 131 Broadway #5
    • Property Type: Condominium
    • Time: 10:30AM-12:00PM
    • Price: $435,000
    • Bedrooms: 1
    • Bathrooms: 1/0
    • MLS#: 1371653
  • 131 Broadway #3
    • Property Type: Condominium
    • Time: 10:30AM-12:00PM
    • Price: $425,000
    • Bedrooms: 1
    • Bathrooms: 1/0
    • MLS#: 1371647
  • 131 Broadway #2
    • Property Type: Condominium
    • Time: 10:30AM-11:30AM
    • Price: $465,000
    • Bedrooms: 1
    • Bathrooms: 1/0
    • MLS#: 1371645
  • 131 Broadway #1
    • Property Type: Condominium
    • Time: 10:30AM-12:00PM
    • Price: $365,000
    • Bedrooms: 1
    • Bathrooms: 1/0
    • MLS#: 1371642

Portsmouth

  • 17 Longmeadow Road
    • Property Type: Single Family
    • Time: 11:00AM-12:30PM
    • Price: $599,000
    • Bedrooms: 3
    • Bathrooms: 1/1
    • MLS#: 1372147
  • 180 McCorrie Lane
    • Property Type: Single Family
    • Time: 2:00PM-3:00PM
    • Price: $525,000
    • Bedrooms: 3
    • Bathrooms: 2/0
    • MLS#: 1371515
  • 79 Roger Williams Court
    • Property Type: Single Family
    • Time: 10:00AM-11:00AM
    • Price: $875,000
    • Bedrooms: 3
    • Bathrooms: 2/1
    • MLS#: 1368396
  • 1 Aquidneck Avenue
    • Property Type: Single Family
    • Time: 11:00AM-12:00PM
    • Price: $640,000
    • Bedrooms: 2
    • Bathrooms: 1/1
    • MLS#: 1370922
  • 42 President Avenue
    • Property Type: Single Family
    • Time: 12:00PM-1:30PM
    • Price: $750,000
    • Bedrooms: 4
    • Bathrooms: 2/0
    • MLS#: 1372056
  • 11 Cindy Lane
    • Property Type: Single Family
    • Time: 11:00AM-12:30PM
    • Price: $1,089,000
    • Bedrooms: 3
    • Bathrooms: 1/1
    • MLS#: 1370045
  • 71 Douglas Avenue
    • Property Type: Single Family
    • Time: 11:30AM-1:30PM
    • Price: $589,000
    • Bedrooms: 3
    • Bathrooms: 2/0
    • MLS#: 1371478

Tiverton

  • 29 William Street
    • Property Type: Single Family
    • Time: 11:00AM-12:30PM
    • Price: $549,000
    • Bedrooms: 2
    • Bathrooms: 2/0
    • MLS#: 1355742
  • 55 Pierce Avenue
    • Property Type: Single Family
    • Time: 10:30AM-12:00PM
    • Price: $439,000
    • Bedrooms: 2
    • Bathrooms: 1/0
    • MLS#: 1369414
  • 39 Hilton Street
    • Property Type: Single Family
    • Time: 11:00AM-1:00PM
    • Price: $360,000
    • Bedrooms: 2
    • Bathrooms: 1/0
    • MLS#: 1368721

Sunday, November 3, 2024 – Open House roster

Jamestown

  • 149 Hamilton Avenue
    • Property Type: Single Family
    • Time: 10:30AM-12:00PM
    • Price: $3,250,000
    • Bedrooms: 5
    • Bathrooms: 4/1
    • MLS#: 1370189

Portsmouth

  • 91 Massachusetts Boulevard
    • Property Type: Single Family
    • Time: 12:00PM-2:00PM
    • Price: $515,000
    • Bedrooms: 3
    • Bathrooms: 2/0
    • MLS#: 1370907
  • 17 Longmeadow Road
    • Property Type: Single Family
    • Time: 11:00AM-12:30PM
    • Price: $599,000
    • Bedrooms: 3
    • Bathrooms: 1/1
    • MLS#: 1372147
  • 71 Douglas Avenue
    • Property Type: Single Family
    • Time: 11:00AM-12:00PM
    • Price: $589,000
    • Bedrooms: 3
    • Bathrooms: 2/0
    • MLS#: 1371478
  • 42 President Avenue
    • Property Type: Single Family
    • Time: 11:30AM-1:00PM
    • Price: $750,000
    • Bedrooms: 4
    • Bathrooms: 2/0
    • MLS#: 1372056
  • 195 Windward Drive
    • Property Type: Single Family
    • Time: 12:00PM-2:00PM
    • Price: $550,000
    • Bedrooms: 3
    • Bathrooms: 1/1
    • MLS#: 1371912
  • 1 Tower Drive #504
    • Property Type: Condominium
    • Time: 11:00AM-12:30PM
    • Price: $450,000
    • Bedrooms: 1
    • Bathrooms: 2/0
    • MLS#: 1369823
  • 11 Narragansett Avenue
    • Property Type: Single Family
    • Time: 1:00PM-2:30PM
    • Price: $1,220,000
    • Bedrooms: 4
    • Bathrooms: 3/0
    • MLS#: 1362332

Tiverton

  • 71 Starboard Drive #440
    • Property Type: Condominium
    • Time: 11:00AM-12:30PM
    • Price: $699,000
    • Bedrooms: 1
    • Bathrooms: 1/1
    • MLS#: 1371112
  • 55 Pierce Avenue
    • Property Type: Single Family
    • Time: 11:00AM-12:30PM
    • Price: $439,000
    • Bedrooms: 2
    • Bathrooms: 1/0
    • MLS#: 1369414

Born and raised in Rhode Island, Tyler’s familiarity and passion for the Ocean State is unparalleled. Tyler is enthusiastically committed to going above and beyond for his clients and prides himself on a ‘full-service’ concierge-style approach to real estate. His business is built on a foundation of trust and communication.

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Whether you’re a portfolio investor or purchasing your first home, Tyler is committed to making each and every transaction as smooth, seamless and enjoyable as possible. In order to best serve his clients interests, he also has deep rooted relationships with a collection of local builders, contractors and technicians to ensure that every property need is covered by a qualified professional.

A leading member of the Fitzpatrick Team, the #1 real estate team in Newport County and #1 RE/MAX Team in Rhode Island, Tyler ranks amongst the top producing agents and closed 2022 with over $25 million dollars in individual sales. He is on the Board of Directors for the Newport County Board of Realtors and is a weekly contributor for WhatsUpNewp.

Tyler is a Providence College graduate who proudly calls Newport home. When he’s not working, he’s planning his next project, enjoying time on the water or the golf course, and spending time with his dogs – Red and Freya.

More by Tyler Bernadyn

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Medical school at URI won’t ensure primary care docs for RI | Opinion

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Medical school at URI won’t ensure primary care docs for RI | Opinion


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  • Rhode Island is currently experiencing a significant shortage of primary care physicians.
  • Opening a new medical school at URI is not seen as a timely or effective solution to the crisis.
  • Even with more medical school graduates, there is no guarantee they will choose primary care or stay in the state.
  • Better solutions include increasing pay, offering loan repayment, and reducing administrative burdens for doctors.

The doctor is not in, and there’s not one on the way either. Many Rhode Islanders are well aware that the state is facing a harrowing shortage of primary care physicians. As native Rhode Islanders and physicians invested in quality accessible primary care for our community, we are dedicated to working towards policies to support our state.

A medical school at the University of Rhode Island is not the solution to solve the primary care crisis. A medical school at URI would not provide a timely solution, would likely not achieve the target outcome of increasing the number of primary care physicians in the state, and would likely not address the underlying issue of getting doctors to stay. Instead, resources should be allocated now to supporting primary care in ways that would make sustainable change.

Lack of access to primary care is hurting patients now. A medical school at URI would not be a short- or long-term solution. In addition to the time needed to engineer an accredited medical school, it takes seven years to produce an inexperienced primary care physician. Once trained, there still must be an incentive to stay in Rhode Island. Patients do not have access to necessary care for acute and chronic conditions. The burden on our health care system, impacting ER wait times and hospital capacity, impacts everyone. We cannot afford to wait another decade for a solution.

More physicians does not equal more physicians in primary care or in Rhode Island. If the aim is to produce more physicians from URI’s medical school, this will certainly occur, but we should not delude ourselves into believing it will fix primary care. It’s not due to lack of opportunities. In 2019, the National Resident Matching Program offered a record number of primary care positions, yet the percentage filled by students graduating from MD-granting medical schools in the United States was a new low. Of 8,116 internal medical positions that were offered, just 41.5% were filled by U.S. students; most residency spots went to foreign-trained and U.S.-trained osteopathic physicians.

As medical schools across the country look to debt reduction as a means of encouraging students to enter primary care specialties, their goals have fallen far short. In 2018, The New York University School of Medicine offered full-tuition scholarships to every medical student, regardless of merit or need. In 2024, only 14% of NYU’s graduating seniors entered primary care, lower than the national average of 30%.

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There must be an incentive to stay in Rhode Island (or at least not a disadvantage). Our efforts must shift to recruiting and maintaining physicians in primary care. Inequitable reimbursement from commercial insurers between Rhode Island and neighboring states (leading to significantly lower salaries than if you lived here and traveled to Attleboro to care for patients), the lack of loan repayment(average medical student debt is $250,000, forcing the choice between meaning and money), and the ongoing administrative burdens are amongst the drivers away from primary care. Rhode Island needs to get on par with surrounding states to prevent physicians from going elsewhere.

The motivations behind opening a medical school are well intended in terms of wanting to increase the number of primary care providers by enabling local talent to train close to home. Training more people in Rhode Island will not keep them here; it will invest significant resources without addressing the root of the issue. Until there are comparable salaries between Rhode Island and our neighbors, until loan repayment is improved and the administrative burdens are reduced, primary care in the state will forever be fighting an uphill battle. Both providers and patients suffer the consequences.

Dr. Kelly McGarry is the director of the General Internal Medicine Residency at Rhode Island Hospital. Dr. Maria Iannotti is a first-year resident, a Rhode Islander intent on practicing primary care in Rhode Island.



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Truckers ordered to pay own legal bills from failed RI toll lawsuit

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Truckers ordered to pay own legal bills from failed RI toll lawsuit


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The trucking industry will have to pay its own legal bills for the unsuccessful eight-year-old lawsuit it brought to stop Rhode Island’s truck toll system, a federal judge ruled Friday, March 27.

The American Trucking Associations was seeking $21 million in attorneys fees and other costs from the state, but a decision from U.S. District Judge John McConnell Jr. says the truckers lost the case and will have to pick up the tab.

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The state had previously filed a counterclaim for reimbursement of $9 million in legal bills, but an earlier recommendation from U.S. Magistrate Judge Patricia Sullivan had already thrown cold water on that possibility.

McConnell ordered American Trucking Associations to pay Rhode Island $199,281, a tiny fraction of the amount the state spent defending the network of tolls on tractor trailers.

Settling the lawyer tab may finally bring an end to a court fight that bounced back and forth through the federal judiciary since the toll system launched and the truckers brought suit in 2018.

As it stands, the state’s truck toll network has been mothballed since 2022 when a since-overturned judge’s ruling temporarily ruled it unconstitutional.

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The Rhode Island Department of Transportation said it hopes to relaunch the tolls around March 2027.

The court costs fight hinged on which side could claim legal “prevailing party” status as the winner of the lawsuit.

The trucking industry claimed that it had won because the First Circuit Court of Appeals ruled an in-state trucker discount mechanism, known as caps, in the original truck toll system was unconstitutional.

But Rhode Island argued that it is the winner because the appeals court had ruled that the larger system and broad concept of truck tolls is constitutional and can relaunch with the discounts stripped out.

“The Court determines that ATA has vastly overstated the benefit, if any, that they have received from the ultimate resolution of their challenge to the RhodeWorks program,” McConnell wrote.

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The truckers “failed to obtain any practical benefit from the First Circuit’s severance of the [in-state toll] caps,” he went on. “Specifically, the evidence from this dispute confirmed that the lack of daily caps will result in ATA paying a higher amount in daily tolls and that it does not receive any tangible financial benefit from their elimination.”

In her December analysis of the legal fees question, Sullivan had concluded that the Trucking Associations’ outside counsel had overbilled and overstaffed the case.

But she had recommended that the industry be reimbursed $2.7 million for its bills, while McConnell’s ruling gives it nothing.



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Think you’re middle class in Rhode Island? Here’s the income range

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Think you’re middle class in Rhode Island? Here’s the income range


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Your household can earn more than $160,000 a year and still be considered part of the “middle class” in Rhode Island, according to a recent study by SmartAsset.

Rhode Island is the state with the 17th-highest income range for households to be considered middle class, based on SmartAsset’s analysis using 2024 income data from the U.S. Census Bureau. The Pew Research Center defines the middle class as households earning roughly two-thirds to twice the national median household income.

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According to a 2022 Gallup survey, about half of U.S. adults consider themselves middle class, with 38% identifying as “middle class” and 14% as “upper-middle class.” Higher-income Americans and college graduates were most likely to identify with the “middle class” or “upper-middle class,” while lower-income Americans and those without a college education generally identified as “working class” or “lower class.”

Here’s how much money your household would need to bring in annually to be considered middle class in Rhode Island.

How much money would you need to make to be considered middle class in RI?

In Rhode Island, households would need to earn between $55,669 and $167,008 annually to be considered middle class, according to SmartAsset. The Ocean State has the 17th-highest income range in the country for middle-class households.

The state’s median household income is $83,504.

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How do other New England states compare?

Rhode Island has the fourth-highest income range for middle-class households in New England. Here’s what households would have to earn in neighboring states:

  1. Massachusetts (#1 nationally) – $69,885 to $209,656 annually; median household income of $104,828
  2. New Hampshire (#6 nationally) – $66,521 to $199,564 annually; median household income of $99,782
  3. Connecticut (#10 nationally) – $64,033 to $192,098 annually; median household income of $96,049
  4. Rhode Island (#17 nationally) – $55,669 to $167,008 annually; median household income of $83,504
  5. Vermont (#19 nationally) – $55,153 to $165,460 annually; median household income of $82,730
  6. Maine (#30 nationally) – $50,961 to $152,884 annually; median household income of $76,442

Which state has the highest middle-class income range?

Massachusetts ranks as the state with the highest income range to be considered middle class, according to SmartAsset. Households there would need to earn between $69,900 and $209,656 annually. The state’s median household income is $104,828.

Which state has the lowest middle-class income range?

Mississippi ranks last for the income range needed to be considered middle class, according to SmartAsset. Households there would need to earn between $39,418 and $118,254 annually. The state’s median household income is $59,127.



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