Although Maine's housing market is not experiencing the same frenzy as a year ago, buyers are still interested in purchasing a home, and there is high demand for homes in many areas. According to U.S. News: "Housing markets have cooled slightly, but demand hasn't disappeared, and in many places re

  The real estate market has experienced major changes recently. With a change in market conditions, it becomes even more important to collaborate with an industry professional who can guide you through the process.   A real estate expert applies their expertise on the actual state of home prices, h

As a homeowner, you have the unique opportunity to build equity over time as you live your life. When life changes and your home is no longer working for you, it may be time to leverage your equity towards buying a new home. Before you can take advantage of this, it's important to understand what eq

A lot has changed throughout the last year, even last six months, and many are curious about what lies ahead for the real estate market. If you plan to sell your house this season, it's essential to know what industry experts are saying. Here are some things to keep in mind. Some Homes Are Still Mov

Bottom Line, You Have Options Before putting your home on the market, make sure you’ve considered all of your options for your next home. Increasingly, newly built homes are becoming more popular, but existing housing stock can offer plenty of benefits, too. You can always feel free to reach out to

Current homeowners are holding onto substantial equity despite recent easing in home price appreciation. As a homeowner, you probably have experienced an increase in your net worth in recent years due to rising home prices. This has major implications for you, even as the market moderates. Housing I

Selling your home can be a complex process, especially in today's market. That's why it's important to work with a professional who understands the ins and outs of the industry. Here are five reasons why hiring a real estate advisor can help you get the most out of your sale, with insights from expe

Keeping It Brief As you may already know, the Maine real estate market is already gearing up. While the snow may still be falling, it’s not too early to begin working on your to-do-list to get your home ready to list. Decluttering, beginning your packing early (think things you only use once a year!

A large segment of our population is coming to a point in their lives where they need to plan for their future housing during retirement. As you approach this phase as a homeowner, there are various alternatives to consider. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the

One of the biggest hurdles in the housing market right now is the limited availability of homes for sale. Chief Economist at First American, Mark Fleming, outlines two primary reasons for this lack of supply in today’s real estate market. According to Fleming: “Two dynamics are keeping existing-home

With the real estate market in Maine undergoing a shift, selling your home this spring may require more preparation than it would have in the past. Although there are more homes for sale than there were at this time last year, inventory levels are still historically low. This means that if a house h

  Summarize It For Me, Sam! One of the main obstacles facing the housing market in Maine is the limited supply of available homes relative to the high demand from prospective buyers. Although the number of houses for sale has increased compared to last year, it remains below pre-pandemic levels. As

As the housing market gears up for spring, many people are concerned about the recent changes in home prices. With so much confusing data and misleading headlines, it can be hard to navigate the market. However, Nataliya Polkovnichenko, Ph.D., Supervisory Economist at the Federal Housing Finance Age