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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 FC steals a point from Tampa Bay; Here’s how it happened

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Rhode Island FC steals a point from Tampa Bay; Here’s how it happened


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PAWTUCKET — JJ Williams finally had his space and rose to the opportunity.

The Rhode Island FC striker, deep in the attacking zone, came back to a cross and headed Nick Scardina’s service to the near post to salvage the night for Rhode Island. Williams’ goal landed in the 86th minute to draw Tampa Bay Rowdies, 1-1, in rain-soaked Pawtucket.

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It’s the third draw in USL Championship play for Rhode Island at Centreville Bank Stadium this season. RIFC was turning in a familiar performance before snagging the tie against the league-leading Rowdies as Williams supplied his third regular-season goal of the year. The draw is the first time RIFC has earned a result after the opposition opened the scoring since its 1-1 tie vs. Birmingham Legion FC on July 5, 2025.

Rhode Island now travels to USL League One side Portland Hearts of Pine for its second game of the 2026 Prinx Tires USL Cup group stage on Saturday, May 16 at 4 p.m. The club returns to Pawtucket on May 23 against Brooklyn FC.

“All night they made it tough because they were doubling,” Williams said of Tampa Bay. “And wherever I went to, they were going contact first, especially in this league with no [Video Assistant Referee] … but on that one, the ball was so good that they spun around, and then I was able to make good contact.”

Rhode Island had a string of missed chances in the first 15 minutes that fed into a goal for Tampa Bay and then a triple substitution in the second half that provided little spark. Max Schneider’s cross from right of the box found Pedro Dolabella at the far post for a clinical header in the 29th minute in front of an announced attendance of 6,790.

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The game’s first score came just 10 minutes after attempts from Hugo Bacharach and Jojea Kwizera were saved and Williams sailed an open shot past the bar.

“We tried to correct some of those things that we struggled with last week,” Williams said. “Getting to the ball, making tackles, making a stick, I think that we weren’t as clean in possession as we would have been, especially as we won the ball and played forward. We had a lot of turnovers in the first half where we could have seen more chances, but we did well to weather the storm early and create some. But for me, I [have] to bury that first one.”

Rhode Island creates plenty of chances — it is tied for fourth with 112 attempts — but has just 12 goals this season. If it had finished one of the early chances against Tampa Bay, it would’ve shifted the tenor of the match and forced the visitors to play outside of its form. But the final scoring sequence is still missing with the summer months coming soon.

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“Happy with the spirit, happy with the effort, happy with the fight,” RIFC coach Khano Smith said. “You’ve seen that a lot with our team. They just fought to the end, never gave up, kept pushing. Ultimately, it’s two more points dropped at home, and we need to find a way to stop doing that. We need to be ruthless – just ruthless in front of the goal.”



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RI Lottery Powerball, Numbers Midday winning numbers for May 9, 2026

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The Rhode Island Lottery offers multiple draw games for those aiming to win big.

Here’s a look at May 9, 2026, results for each game:

Winning Powerball numbers from May 9 drawing

15-41-46-47-56, Powerball: 22, Power Play: 2

Check Powerball payouts and previous drawings here.

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Winning Numbers numbers from May 9 drawing

Midday: 0-8-9-5

Evening: 0-9-4-7

Check Numbers payouts and previous drawings here.

Winning Wild Money numbers from May 9 drawing

08-13-24-27-34, Extra: 32

Check Wild Money payouts and previous drawings here.

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Winning Millionaire for Life numbers from May 9 drawing

08-11-17-29-49, Bonus: 02

Check Millionaire for Life payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your prize

  • Prizes less than $600 can be claimed at any Rhode Island Lottery Retailer. Prizes of $600 and above must be claimed at Lottery Headquarters, 1425 Pontiac Ave., Cranston, Rhode Island 02920.
  • Mega Millions and Powerball jackpot winners can decide on cash or annuity payment within 60 days after becoming entitled to the prize. The annuitized prize shall be paid in 30 graduated annual installments.
  • Winners of the Millionaire for Life top prize of $1,000,000 a year for life and second prize of $100,000 a year for life can decide to collect the prize for a minimum of 20 years or take a lump sum cash payment.

When are the Rhode Island Lottery drawings held?

  • Powerball: 10:59 p.m. ET on Monday, Wednesday, and Saturday.
  • Mega Millions: 11:00 p.m. ET on Tuesday and Friday.
  • Lucky for Life: 10:30 p.m. ET daily.
  • Millionaire for Life: 11:15 p.m. ET daily.
  • Numbers (Midday): 1:30 p.m. ET daily.
  • Numbers (Evening): 7:29 p.m. ET daily.
  • Wild Money: 7:29 p.m. ET on Tuesday, Thursday and Saturday.

This results page was generated automatically using information from TinBu and a template written and reviewed by a Rhode Island editor. You can send feedback using this form.



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Proposed tax hike would hurt small businesses and our communities | Opinion

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Proposed tax hike would hurt small businesses and our communities | Opinion


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  • A proposed “millionaires tax” in Rhode Island could impact small, family-owned businesses structured as pass-through entities.
  • The author, a state representative and business owner, argues the tax would reduce funds for payroll, equipment, and expansion.
  • The op-ed suggests the tax could make Rhode Island less competitive, citing high earners leaving Massachusetts after a similar tax was passed.
  • The author advocates for policies that encourage business investment rather than penalizing financial success.

Rhode Island is built on the strength of small, family-owned businesses. They are the backbone of our economy, the employers of our neighbors, and the reason our communities have character and opportunity. I know this not just as a legislator, but as someone who works every day in a family business alongside the people I care about most. That’s why I am concerned about the impact of the proposed “millionaires tax” on businesses and our communities.

While it may sound like a measure aimed at a narrow group of high earners, the reality is far different. Many family-owned businesses – especially those structured as pass-through entities – report their business income on personal tax returns. That means this tax doesn’t just target “millionaires” in the traditional sense; it directly impacts small and mid-sized businesses that reinvest their earnings into payroll, equipment, expansion and employee benefits.

In my case, our family business is a private ambulance service. Every day, we are responsible for delivering critical care to Rhode Islanders, particularly seniors and our most medically fragile neighbors. That responsibility comes with significant costs. Ambulances, lifesaving medical equipment, and the technology needed to support our crews are expensive, and they must be maintained and updated regularly to meet the highest standards of care.

Tax increases like this directly impact our ability to make those investments. These are not abstract tradeoffs – they have real consequences for the level of care we can provide. For businesses like mine, margins matter. Every dollar that goes out the door in taxes is a dollar that can’t be used to hire another worker, increase wages, buy new equipment or sponsor the local Little League team. These are real decisions that affect real people.

Supporters of this proposal often frame it as a fairness issue. But fairness should also mean recognizing the role that employers play in creating opportunity. When government makes it more expensive to operate a business in Rhode Island, we risk pushing investment – and jobs – elsewhere. Policies like this don’t exist in a vacuum; they shape decisions about where businesses grow and where families choose to put down roots.

We don’t have to guess what would happen if we raised taxes here – we can just look to Massachusetts. They passed a millionaires tax and the latest data shows a steady stream of high earners leaving for lower-tax states like New Hampshire and, you guessed it, Rhode Island. We could take advantage of Massachusetts’ mistake and build on the momentum we have built in recent years. We’ve seen the benefits of thoughtful policy decisions that encourage investment and support job creation and tax revenues are up. But progress is fragile. Policies like the millionaires tax risk undoing that work by sending the message that success will be penalized rather than encouraged.

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As both a business owner and a legislator, I believe strongly that we can – and must – strike a better balance.

We can support public services, invest in our communities, and maintain fiscal responsibility without resorting to policies that put our local businesses at a disadvantage. We can grow our economy by creating an environment where businesses want to stay, expand and hire.

Let’s focus on solutions that strengthen our economy, support our workforce, and ensure that family-owned businesses like mine and so many others across our state continue to thrive.

Rhode Island’s future depends on it.

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Jacquelyn Baginski is a state representative from Cranston.



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