Juxtaposed with limited inventory and an ever-increasing demand, record-breaking transactions are likely in our future.”

The luxury market will see a continued broadening consumer base in coastal Rhode Island as it is a beautiful destination for discretionary spending. Juxtaposed with limited inventory and an ever-increasing demand, record-breaking transactions are likely in our future. The barrier to entry is still perceived as more affordable in comparison to the Hamptons. Watch Hill and Newport are the premier luxury seaside enclaves offering exclusivity. The past two years saw a personal, internal reckoning and allowed a refocus on what is intrinsically important, in all real estate price points. Real estate remains an excellent return on investment while allowing the consumers to thoroughly enjoy and appreciate the asset.”

Lori Joyal