Daily Briefing: The bad news about RI's housing market

ALSO: What does berets, the yarn used to make baseballs and FEMA blankets have in common? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ Advertisement [eNewspaper]( | [Crosswords]( | [Horoscopes]( [Read in browser]( The Daily Briefing YOUR MORNING NEWS ROUNDUP Tue May 28 2024 Will Richmond | Managing Editor Communities & R.I. [@Will_Richmond]( Good morning, I'm Will Richmond at [The Providence Journal]( and this is the Daily Briefing. Welcome back to the work week. I hope everyone had a safe and enjoyable Memorial Day weekend and now onto the news. If you're looking for a house right now, my sympathies. I know it sounds like a broken record, but Rhode Island's housing market is tough right now. Just like it was a year ago and a year before that. The reasons for the market being tight is still the same as before, low inventory, homeowners holding low interest rates and the current rates being much higher. There are also some new trends playing a factor. The Journal's Wheeler Cowperthwaite looks at the latest numbers and talks with a Realtor to find out more about the problems facing Rhode Island's housing market and why it affecting buyers of all economic levels. • The latest information about the illicit drug supply in Rhode Island isn't good. Not that it's a good place to start as it is. The recently published study looked at more than 1,000 counterfeit pills seized by police in Rhode Island and what they found should concern drug buyers and their loved ones. [The Journal's Katie Mulvaney has the details.]( • If you think textile manufacturing is dead in Rhode Island, a Woonsocket company has a message for you. [Luz Duran finishes barets ready for shipment at Woonsocket's Brickle Group-4.jpg] A display at Brickle Group in Woonsocket showing the role of the company's yarn in the making of Rawlings baseballs supplied to Major League Baseball. David DelPoio/Providence Journal [The Journal's Paul Parker writes that from the yarn used for baseballs used in the major leagues to military uniforms, the Brickle Group is alive and well.]( • Bridges are on the minds of many Rhode Islanders this day and we're not just talking about the Washington Bridge. The East Bay Bike Path bridges over the Barrington and Palmer rivers were declared unsafe in 2019 and DOT's efforts to replace them have hit a number of roadblocks. [The Journal's Patrick Anderson writes that an answer on their future could come today.]( • The high school spring sports playoff season is underway and there was plenty of action over the weekend. [Catch up on everything that happened.]( More from The Providence Journal [Find the latest obituaries here.]( [Subscribers can read the eNewspaper here.]( WORTH A READ 🐔 [Farmworkers face high-risk exposures to bird flu]( but testing isn’t reaching them ⚖️ [The Trump trial could end this week](. Catch up on key evidence and testimony from 6 weeks 🍔 $15 Big Macs: [As inflation drives up fast food prices, map shows how they differ nationwide]( RHODY RANKS Every day we receive emails ranking Rhode Island. While the work behind the ranks may be dubious, they can be fun. Each day I'll share where Rhody Ranks from one of the latest emails. According to new research, Rhode Island ranks as the number one destination for dog-friendly activities in the U.S. The canine experts at [Showsight Magazine]( have analyzed the number of dog-friendly activities in each state, from dog-friendly beaches and hiking trails, to dog parks, and more to reveal the best states for an adventure vacation with your dog this summer. [TODAY'S WEATHER]( ⛅ Warmer; cloudy in the morning, then times of clouds and sun in the afternoon. Highs in the mid-80s. TOP STORIES [House speaker sees progress on PTSD pensions for police, firefighters]( ["I told [the opposing sides] they needed to get together in a room," House Speaker K. Joseph Shekarchi told The Journal on Monday.]( "I told [the opposing sides] they needed to get together in a room," House Speaker K. Joseph Shekarchi told The Journal. [READ MORE]( Advertisement [Narragansett AirBnb would be put out of business with new regulations. [Kris Craig/The Providence Journal]]( [Political Scene: The push to control Airbnbs in Narragansett and beyond]( One of the most aggressive local laws to curtail Airbnbs will go into effect in Narragansett in September, but a statewide look is coming. [READ MORE]( [Artist Boluwatife Oyediran, MFA painting, chats with guest in front of his painting, Plants of America at the opening reception of the RISD Graduate Thesis Exhibition at the RI Convention Center.]( [A look at master's thesis projects by some of the 200+ RISD MFA grads]( The exhibition is open through June 1 – RISD graduation day – and encompasses MFA thesis projects ranging from virtual reality to root vegetables. [READ MORE]( [A car travels along Admiral Kalbfus Road in Newport.]( [Newport set to expand noise detection camera presence. Here's how]( How many cars have been cited so far? [READ MORE]( [The Boston Celtics' Jayson Tatum (0) attempts to shoot the ball during Game 4.]( [Celtics advance to NBA Finals after sweep of Pacers]( The Boston Celtics have reached the NBA Finals for the 23rd time and will attempt to win their 18th championship. [READ MORE]( Advertisement Vote with Confidence This 7-day newsletter course will help you be an informed voter before Nov. 5. [SIGN UP NOW]( SUBSCRIBE TODAY Our Reporting. Your Stories. Full access to subscriber-only content on all devices. Share bonus subscription with a family member or friend. The universal eNewspaper, the digital version of our print paper, plus bonus monthly magazines and hundreds of local papers. Original reporting of our hometown teams, from high school sports to the pros. [Unlock news for $1]( [SUBSCRIBE TODAY]( [Newsletters]( | [eNewspaper]( | [Crosswords]( Follow Us Problem viewing email? 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