Volatility Appears to Be the ‘New’ New Normal  

Over the past few weeks, we have been witnessing a significant change in the financial landscape in the United States. During this time, we have seen the stock market come down from its recently achieved historic highs. As the price of stocks has decreased, the value of investors' portfolios, and 401K accounts, have been impacted.  

  • Whether this is a short-term or a long-term phenomenon remains to be seen.

  • The reality is that the rapid run-up in market valuations since the election in 2016 occurred much faster than is normal, and therefore the likelihood of a correction has been anticipated for some time.  

  • What had not been anticipated, or widely understood is the swiftness…

142 Views, 1 Comments

CONTINUING EDUMACATION

“C.E.”

 By Buddy Kane

 

 

It’s that time of year again. The weather is breaking, the birds are chirping, and once again I’ve waited ‘til the last minute to complete my continuing education credits. There is something bittersweet about a mad dash to the finish line under the wire. I must enjoy getting it done this way or I would have already taken care of business like the responsible adult I aspire to be someday.

There’s a certain measure of gratitude that accompanies 11th hour urgency. Tasks become reactionary, in a full contact sport sort a way. I’m able to make tracks quickly when the only way to proceed is forward, and fast. Wisdom, and motivation come suddenly.

In this space, I tend to think out loud…

76 Views, 0 Comments

You may have heard the term mill rates being thrown around when talking about taxes in certain towns. Tim Bray and Andrew O'Reilly provide insight on the importance of mill rates and why knowing them can help you determine where you want and can live. 


Did you know that you can have your taxes appealed every year? Listen to learn more - available EVERYWHERE you get your podcasts or click here. 


53 Views, 0 Comments

IMPERSONATING TODAY’S AGENT

By Buddy Kane


Greetings...

 BK comin at you with another self-realization to help you all feel better about yourselves.

As the misfit I appear to be as an agent, I’m little more than an imposter in the local real estate industry and all its foibles. How could I possibly fit the mold of an accepted agent in this elite club even if I wanted to? I don’t close a volume of deals. I don’t receive Gold, Platinum, Titanium, Round Table achievement awards, and I don’t drive a Range Rover. I’m doomed to remain a mid to low level agent that leverages a real estate license as merely one stream of income amongst other revenue sources.

A “loser”, some may say. Guilty as charged, I suppose…

So why do I assume this…

186 Views, 0 Comments

Season five of Netflix's Selling Sunset recently ended and one of the main cast members, Christine Quinn, just dropped a huge announcement that could change the real estate game. What are your thoughts on using cryptocurrency to buy real estate? Do you think it's a good idea or will it come down crashing?


Make sure to like and subscribe to our YouTube channel! 

69 Views, 0 Comments

SHOW YOUR WORK

By Buddy Kane

 

 

 

Got a call last week from a past client interested in selling one of his properties. Having dealt with him previously, I was well versed in his fly by knight style and approach. Upon fielding his inquiry, I listened with an experienced awareness, knowing what cues to look for that would help me cut through an extended dialogue and boil it down to exactly what it was he wanted from me. What ensued from this point was an opportunity to apply an evolving philosophy I’ve learned the hard way over a longer period of time.

First, some background to provide context. Looking back on my student years, school was not my finest hour, aside from some extra-curriculars. Academics was never a strong suit of…

93 Views, 0 Comments

Real Estate Taxes in Connecticut can vary greatly depending on the municipality and districts within them.  The graphic above illustrates the base rates for each town. Additional rates are applied to specific locations where services are provided.  These services can include public water, sewer, trash removal,  police services, or a firehouse.  A town or district with a lower Mill rate may not offer these services.  Your real estate agent will be able to help you to determine the services offered and their importance to you when purchasing real estate. The average property tax rate in CT for 2022 is $31.29 with the highest being Hartford at $74.29 and the lowest being Salisbury at $11. 

2022 Mill Rates CT High Low

How to Calculate Connecticut Property Taxes

The…

265 Views, 0 Comments


Commercial Real Estate Taxes in Rhode Island vary greatly by town and are typically correlated to the services which each town provides.  A town with a lower Mill rate may not offer services such as public water and sewer, perhaps waste disposal, or a firehouse. Your real estate agent will be able to help you to determine the services offered and their importance to you when purchasing real estate. The average commercial property tax rate in Rhode Island for 2022 is 20.41 with the highest being Central Falls at 42.33 and the lowest being Little Compton at 6.04.  Please note that Property taxes can have a substantial impact on the cash flow of a property making it more or less appealing to a lender, investor, or potential owner occupant.  Contact a…

98 Views, 0 Comments

Real Estate Taxes in Rhode Island vary greatly by town and are typically correlated to the services which each town provides to its residents. A town with a lower Mill rate may not offer services such as public water and sewer, perhaps waste disposal, or a firehouse. Your real estate agent will be able to help you to determine the services offered and their importance to you when purchasing real estate. The average property tax rate in Rhode Island for 2022 is 16.93 with the highest being Providence at 24.56 and the lowest being Little Compton at 6.04. 

2022 RI Mill Rates by Town Ranked

How to Calculate Rhode Island Property Taxes

The formula to calculate Rhode Island Property Taxes is (Assessed Value x Property Tax Rate)/1000= Rhode Island Property Tax. Take the Assessed…

98 Views, 0 Comments

Have you ever wondered why some people are successful, productive, and seem to be happier?   This journey we call life is full of ups, downs,  successes, and failures.  Take a look at the traits of a Seaport agent below and ask yourself if you have what it takes to be part of our group.  If so, then simply send a creative video of yourself to info@seaportre.com.  Please make sure to explain how you will be an asset and help our company to grow.

11. Problem solver mindset

Great agents enjoy coming up with creative solutions to problems.  Many successful real estate agents know how to properly showcase a property to make it more marketable and develop creative marketing to attract the right buyers. Our agents employ valuation skills that allow them to…

94 Views, 0 Comments