Newport RI Rental Properties

11/09/2026

Selling Your Home? What You Should Know About Price Cuts vs. Rate Buydowns.

What if you could make your house more attractive to buyers without lowering your asking price?

With 43% of sellers cutting prices right now, according to HousingWire, it's a question worth asking – especially because there's another way to give buyers what they really want: a lower monthly payment.

It's called a mortgage rate buydown. And the difference can be pretty remarkable.
Here's an example.

Let's say you're willing to offer a buyer $10,000 to help get your house sold.

A $10,000 price reduction could save that buyer about $70 a month.

But putting that same $10,000 toward a temporary mortgage rate buydown could save them roughly $500 a month in the first year.

Same amount from you. A much bigger impact on their immediate budget.

Now, those savings won't last forever with a temporary buydown. But for the right buyer, that upfront relief could be exactly what makes your house stand out.

Thinking about selling? Send me a message. Let's explore which incentives could attract buyers while protecting your bottom line.



Have questions? Let's Talk!

11/07/2026

Toward the end of the year, the number of homes for sale usually starts to level off or dip as we enter the slower season in the market. But so far this year, it’s still going up.

And that break in the usual seasonal trend could be good for some buyers.

Part of the reason is that fewer people are shopping right now with mortgage rates where they are. But that gives anyone who can make the numbers work an opportunity.

If you’re able to buy at today’s rates, you have more options than you’d normally have. And that means more chances to find a home in budget – and less competition from other buyers.

You’ll likely even see sellers more willing to strike a deal.

What you’ll find depends on where you’re looking. Send a DM to see what’s on the market near you.



Have questions? Let's Talk!

11/06/2026

What Experts Forecast for Mortgage Rates and Home Prices in 2027

Want to know what’s next for rates and prices? The forecasts are in.

And the outlook for the housing market in 2027 comes down to one word: steady.

The latest forecasts from Fannie Mae, the Mortgage Bankers Association, and Wells Fargo show mortgage rates holding fairly flat through 2027. No big drop expected. No big spike either.

Lenders agree. In a recent HousingWire survey, 70% of mortgage executives said they expect rates to be around 7.5% or higher six months from now.

Home prices are on a steady path too. On average, those same forecasts show national prices rising about 1% to 1.5% a year through 2027.

So what does that mean for you?

If you’re buying, slower price growth gives you a little more breathing room. And instead of waiting on a rate drop that may not come, you can focus on what you can control, like a monthly payment that feels comfortable today.

If you’re selling, your house should keep holding its value, which makes it easier to plan your move around your goals and timeline.

Just keep in mind, these are national numbers. What’s happening in your neighborhood could look different.

Curious what a move could look like at today’s rates and prices? Let’s run the numbers together.



Have questions? Let's Talk!

11/05/2026

Looking to keep your carpet looking new for longer? Heed these tips.

Whether you adore your new carpet or can’t afford to replace it every few years, below are a h...

11/04/2026

How To Win Back Your Buying Power

The recent jump in mortgage rates cut about $22k from what a buyer with a $2,000 monthly budget can spend. But you can win most of that back at the negotiating table. More than 4 in 10 homes for sale have had a price cut. And the typical cut is about $18k on a median-priced home. That’s just a price cut alone. You may also be able to ask for repair credits, closing cost help, and more. Let’s find the homes where sellers may have some wiggle room and see what we can negotiate.



Have questions? Let's Talk!

11/03/2026

Renters and landlords in Newport County, I’d like your help with a quick rent check.

Rent or own a 2-bedroom here? What’s the monthly rent? Comment with a letter:

A. Under $2,000
B. $2,000 to $2,500
C. $2,500 to $3,000
D. Over $3,000

11/02/2026

Why Builders May Be More Motivated To Sell Than Homeowners

Pending home sales just dropped 11.3% compared to last year. But what if that slowdown could actually help you get a better deal on a brand-new home?
Here's why that matters.

When the market slows, homeowners and builders don't always react the same way.

A homeowner who isn't getting the offers they want can decide to stay put and wait. But builders? They've already invested in houses they need to sell. And every completed home that sits unsold costs them money.

That can make builders more motivated to negotiate. And the numbers prove they're already making moves.

According to the National Association of Home Builders, 65% of builders are offering incentives, and 43% are cutting prices. The typical reduction? 6%.
For buyers, that could mean serious savings. Think lower prices, help with closing costs, or even a better mortgage rate.

And the biggest opportunities may be hiding in brand-new homes that are already built and waiting for buyers.

So, before you rule out new construction, let’s see which builders in our area may be ready to negotiate.



Have questions? Let's Talk!

10/31/2026

Pop quiz. What credit score do you need to buy a home?

If your answer was B) 660 or C) 700 … you’re not alone. A lot of people believe you need "perfect" or “near perfect” credit.

But you probably don’t need as high a credit score as you think.

Even though a Veterans United survey shows 57% of would-be buyers think you need at least a 660, the long-standing benchmark for Fannie Mae and Freddie Mac loans is 620, and even that isn’t a hard rule for every loan.

So the real answer? Both A) 620 and D) “it depends” are right.

And with all the changes to credit models lately, even more people will be able to buy than before.

Don’t let myths keep you locked into a lease. Let’s find out where you actually stand.



Have questions? Let's Talk!

10/30/2026

10/30/2026

The Fed just met and they decided on no rate hike and no rate cut. So, what does that mean if you're watching and hoping for lower mortgage rates?

The short answer: don't expect this to dramatically change things.

For now, they’re holding steady. But a recent survey from Reuters asked 100 economists what to expect from here – and all 100 said the Fed will do a hike in December.

Now, the Fed doesn't directly set mortgage rates, but their actions do have an impact. Rates will also move based on inflation, economic data, and how financial markets react.

The takeaway? There’s a lot at play here – and we’ll probably see a hike the next time they meet.

Follow me for straightforward updates on what’s actually happening and why it matters for the housing market.



Have questions? Let's Talk!