Category: (3)

This exquisite craftsman boasts an architectural guesthouse that creates a Zen-like harmony. It has been artfully transformed to provide lake and Mt. Rainier views from every major room. The main house offers large living, dining spaces and the generous master-suite opens to South West facing outdoor view terrace and English gardens. The guesthouse compliments, connecting to the main home with a colonnade and trellis. Exposed beamed voluminous ceilings, slider doors, zen soaking tub and carefully detailed interiors.

Continue reading ..

Sotheby’s International Realty Affiliates LLC today announced that Mott & Chace Sotheby’s International Realty in Rhode Island has acquired local brokerage Coleman Realtors, LLC. The acquired firm will now operate as Mott & Chace Sotheby’s International Realty.

Mott & Chace Sotheby’s International Realty now has a total of six offices and over 130 independent sales associates.  The acquisition expands the firm’s presence into new markets including Barrington and East Greenwich while continuing to serve the luxury residential real estate markets in Charlestown, Narragansett, Providence and Watch Hill.

Continue reading ..

Eager homebuyers rallied during the first half of 2016 increasing unit absorption and median home prices by 48% and 28%, respectively according to analysis of Northwest Multiple Listing Service data released as of June 30th. The typical condominium is selling in just over a month with a median home value of $575,000. However, a closer look reveals that 135 of the 381 condominium closings so far this year were in the INSIGNIA condominium tower, a new construction development (and one remaining developer-owned unit in the Four Seasons Private Residences) whereas there were effectively no new construction deliveries or closings during the same term in 2015. When removing this spike of higher-priced, new inventory in the overall resale market still expanded by 22% year-over-year but total resale closings actually decreased 5% with 246 homes in 2016 (including a few resales at INSIGNIA) against closings of 258 units in the first half of 2015.

Continue reading ..