Report Inappropriate Comments

Waterfront properties in Warwick will sell, as they are in Narragansett, just not to RI buyers. There are numerous properties that are being sold for cash (no flood insurance needed) to out-of-state buyers as knock-downs. Buyers end up with a beautiful home for about one-fourth of what a similar waterfront structure would cost on, say, the Cape.

From: Property values up, but waterfront may take hit

Please explain the inappropriate content below.