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Tyler Bernadyn: The reality of the Newport County housing market: A seller’s advantage and a buyer’s challenge – What's Up Newp

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Tyler Bernadyn: The reality of the Newport County housing market: A seller’s advantage and a buyer’s challenge – What's Up Newp


As we move into the spring season, the reality of Newport County’s real estate market continues to be shaped by the simple, yet undeniable, law of supply and demand. With just 155 properties currently available across Jamestown, Newport, Middletown, Portsmouth, Tiverton, and Little Compton — ranging from $60,000 (643 Forest Park in Middletown) to $22,500,000 (441 W Main Road in Little Compton) — the shortage of homes is impacting buyers and sellers alike.

One of the most pressing observations in Newport is the severe shortage of inventory. In fact, there are only 13 residential properties available in Newport for under $1 million. This limited supply has kept the market firmly in a seller’s advantage, with demand still outpacing what’s available. Even in a market with limited inventory, there is still a palpable energy. Last week, I hosted some of the busiest open houses I’ve ever had, a clear indicator that pent-up demand for housing in our community remains. For those exploring the idea of selling, the returns on investments are incredible, and recent sales have contributed to a significant increase in home equity. Property owners in Newport County are sitting on more money than they might realize, making it an ideal time to consider a sale — if they’re ready to take the plunge or have the need to move.

For buyers, however, the reality is that competition will only intensify as we head further into the spring market. With so few properties available, many are feeling the pressure to act quickly or find themselves on the outside looking in. As more buyers flood the market due to the seasonal nature of New England, many are finding themselves competing with others, often making quick, decisive offers to secure their desired properties. But it’s not all about the highest bid. Sellers are often considering multiple offers and looking for favorable terms, not just the price. Offers that are free of conditions or contingencies are pacing the race to consumers, which requires a certain level of risk tolerance amongst consumers already competing in high price purchases. 

What many sellers are grappling with is a question that continues to be a major hurdle: where will they go if they sell? For many homeowners, this uncertainty about where to move next is what has kept them from listing their homes. But for those who decide to take advantage of the market, there’s an opportunity to capitalize on the high equity gains. Still, it’s essential to keep in mind that the cost of land and housing in coastal areas — particularly Rhode Island — is unlikely to decrease in the near future.

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This is the reality of living in a coastal community, and it’s a trend that doesn’t seem poised to change anytime soon. The surge in housing prices, approachable interest rates, and metropolitan migration spurred by the COVID-19 pandemic created a frenzy that led to what I believe is a bubble in many coastal markets. While other markets around the country may experience some softening, the dynamics in Rhode Island remain unique. With only a finite amount of land left to be developed — particularly in the western part of the state — prices will continue to hold strong.

Recent reports underscore the precariousness of our market. According to Eastern Progress, Rhode Island ranks as the 10th least stable housing market in the country, signaling that volatility is a concern for many buyers and sellers. As noted in a Providence Journal article, the median sale price in Rhode Island rose 3.5% year-over-year in 2024, and homes are continuing to sell quickly — underscoring the competitive landscape we’re seeing locally.

In Newport, dirt alone is selling for hundreds of thousands of dollars, and the city’s size is limited: just 11 square miles in total, with 7.7 square miles of land and 3.3 square miles of inland water. The scarcity of land is something that’s truly unique to coastal communities like ours, and it’s a factor that will only continue to drive property values higher.

For those who purchased homes years ago or have no mortgage, you’re sitting on a significant amount of equity due to the unprecedented surge in property values. That equity might be more than you think, and it could be the right time to explore options that can help you capitalize on your investment or take money out of your home to fund capital improvement projects, pay off debt, etc.  

But for buyers, particularly those who were waiting for prices to drop or interest rates to do the same, it’s a harsh reality. The market remains competitive, and those who have been waiting on the sidelines may find themselves struggling to secure a property in a market that’s showing no signs of slowing down.

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In light of this it’s crucial to understand your home’s true value in this market. This is information that every property owner, regardless of if you plan to sell, should have on hand. Your fair market value is often much different from your city assessment, and recent sales in your neighborhood will directly affect your home’s position. Whether you’re considering a move or just curious about your home’s worth, consulting with an experienced local professional can provide the insight you need to navigate this ever-evolving market. I’d be happy to consult on any valuation, confidentially with no strings attached. 

For more information about this article or insight on the local real estate market, please reach out. My direct line is 401-241-1851 and my email is TylerB@resultswithremax.com.  Have a wonderful Sunday. 

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Rhode Island

Rhode Island needs a high school sports ‘death penalty’ – The Boston Globe

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Rhode Island needs a high school sports ‘death penalty’ – The Boston Globe


Shut the program down.

Not for a game or two. For a year. Maybe more.

In college sports, they used to call it a “death penalty,” but you can call it anything you want. A sports death penalty, an administrative guillotine, a full-season wipeout.

Real repercussions.

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There should be no benefit of the doubt given when a teenager uses a belt to heinously whip a kid with special needs while his fellow bullies stand by and watch.

There should be no comeback when a group of football players lock a Jewish freshman in the bathroom and spray Lysol through a grate in the door, possibly to mimic a gas chamber.

The former happened in Newport, R.I., the latter in Smithfield, R.I. But these incidents could have occurred in Everytown, USA.

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Schools should be imposing consequences that are swift, consistent, and unmistakably serious — something we’re glaringly bad at in America. And if the schools won’t do it, state leaders should.

The Rhode Island Department of Education and the Rhode Island Interscholastic League should work with state lawmakers to adopt a true zero-tolerance policy that results in a team’s season automatically being canceled if student athletes are caught behaving like the football players in Rogers High School in Newport, or the ones at Smithfield High School.

The policy should be designed to scare the daylights out of students. And every single one of them should have to acknowledge, even sign, the policy before they’re allowed to play. If you act like a jerk – or worse, a criminal – you and your whole team will be penalized, and everyone at the school will know it’s your fault.

At the college level, the NCAA imposed a sports death penalty on the football team at Southern Methodist University in 1987 for repeatedly paying players under the table over several years. The team’s entire season was canceled, and the president of the university was so angry that he also canceled the 1988 season, too.

In Rhode Island, the players’ actions in both cases were far more heinous. The incidents were separate and different, but the penalties deserve to be the same. Because cruelty shouldn’t be graded on a curve.

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In Newport, where the student with special needs was whipped, no one is accused of hazing. It was assault. Police say they believe the student was assaulted on at least two separate occasions, and a nauseating video depicting one of these incidents spread like wildfire on social media. Four teenagers are now facing charges in connection with the incident on the video.

To her credit, Superintendent Colleen Jermain acted swiftly, and canceled the remainder of the football team’s season – including a junior varsity game that was set for Thanksgiving. The Newport School Committee is holding a special meeting Wednesday night to discuss the incident and the actions taken.

Leaders in Smithfield were far less courageous – and less transparent.

Though their actions were not considered assault, several players on Smithfield High School’s football team were initially barred from participating in the rest of the season after an investigation into reported hazing and antisemitic behavior, but they were reinstated after just one week.

Now some of their parents have filed a complaint with the state Education Department, denying the students did anything antisemitic and claiming their privacy rights were violated.

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The message: We swear, our kids don’t hate Jews. They just like picking on freshmen!

This is precisely why the state needs to intervene. Punishment needs to be doled out fairly and consistently across all districts, and it certainly shouldn’t be left in the hands of principals and coaches.

There’s just too much of a possibility of the old, “but we might be able to beat Bishop Hendricken this year” mentality, where good players who do bad things get a pass so that the team can notch a win.

A statewide standard removes the temptation to look the other way.

Hazing doesn’t just involve football players. There has been an alarming number of hazing incidents in Rhode Island in the last couple of years.

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According to the Education Department, 13 students were suspended from school in the 2023-24 school year for incidents classified as hazing, and that number grew to 19 last school year.

The point: These aren’t once-in-a-blue-moon incidents. They’re trends, and trends demand policy, not PR statements.

Even with the harshest possible punishment policy, there will always be teenagers who make irrational, bad decisions. As WPRO radio’s Matt Allen suggested this week, the idea of punishing an entire team over the actions of a few morons might not sit well with everyone. Where’s the individual responsibility, he wondered.

But the current patchwork approach results in secrecy and inconsistency, without the deterrence. This is a moment in our state that demands a reaction.

And nothing changes locker room behavior faster than the threat of no locker room at all.

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Dan McGowan can be reached at dan.mcgowan@globe.com. Follow him @danmcgowan.





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Rhode Island

Williamson scores 25 as Towson defeats Rhode Island 62-55

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Williamson scores 25 as Towson defeats Rhode Island 62-55


Associated Press

ORLANDO, Fla. (AP) — Dylan Williamson’s 25 points helped Towson defeat Rhode Island 62-55 on Monday.

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Williamson shot 10 for 21, including 5 for 9 from beyond the arc for the Tigers (4-2). Jack Doumbia scored 16 points and added three steals. Tyler Tejada had 16 points and shot 5 of 9 from the field and 6 for 6 from the line.

The Rams (4-2) were led in scoring by Myles Corey, who finished with 14 points. Jonah Hinton added 13 points for Rhode Island. Keeyan Itejere finished with nine points and nine rebounds.

Towson entered halftime up 25-21. Doumbia paced the team in scoring in the first half with 10 points. Williamson scored 16 points in the second half.

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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.

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Sick of Christmas shopping? Take a look at photos from old RI toy stores

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Sick of Christmas shopping? Take a look at photos from old RI toy stores


Oh to be a youngster again. Christmastime was simply the best − trying to make your wish list for Santa was simultaneously stressful but also the best time of your life.

Over the years, much has changed − we went from newspaper ads to thick Sears catalogs to TV commercials and now constant YouTube or TikTok ads for new toys.

And many of the beloved toy stores of old are long gone, whether it’s Child World, Toys ‘R’ Us or KB Toys.

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Enjoy this trip down Memory Lane, as we resurrect some favorites from The Providence Journal’s acrives.



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