Waiting To Sell In Maine? Here's Why You Shouldn't

You might have heard whispers around towns like Brunswick or Biddeford. "Is now the right time to sell? Are people even buying homes?" It's a thought that may have been looming over homeowners for a while. While the housing euphoria of a few years back has simmered, let’s debunk a myth: the market isn’t in hibernation. In fact, homes are changing hands in Southern Maine, and beyond, at a lively pace.

Let's look at some illuminating numbers from the National Association of Realtors (NAR). Their data suggests that a whopping 4 million homes will grace the "sold" column this year. Breaking that down:

• 4.16 million homes divided by 365 days: 11,397 houses find new owners daily.
• 11,397 homes divided by 24 hours: 475 homes seal the deal hourly.
• 475 homes over 60 minutes: about 8 homes change hands every passing minute. That’s right - every single day, nearly 11,000 homes in the U.S. get new residents.

But what about the pulse of places like Gorham or Falmouth? A local real estate expert can give you a deep dive into the bustling market activity of Southern Maine. Knowing the key selling points in your neighborhood, understanding the desires of the current buyers, and leveraging these insights can make all the difference in how you position your home.

In Summary

If you've held off because you're skeptical about buyer activity, it's time for a wake-up call. As you've been pondering, approximately 11,000 homeowners across the country have taken the leap daily. By the time you reached the end of this post, eight homes found new owners. Feeling the itch to make your move in Southern Maine? Let's start the conversation.