The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest: “Spring is officially here, and like green shoots emerging from the bleak

  Southern Maine is a hotbed for real estate these days, with limited inventory and soaring prices making it tough for many buyers to find a home that fits their budget and their needs. If you're in this situation, it may be worth exploring the option of purchasing a condominium, or condo, instead o

  Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. Your answer matters more now than it did in recent years. Here’s why. At the height of the buying frenzy seen during the pandemic

  The topic of home prices has been widely debated over the past year, with some predicting a massive drop in prices similar to the 2008 recession, while others forecast slight appreciation or depreciation depending on the region. As we approach the spring real estate market, experts are continuing

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

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

Mortgage rates have been on the rise in recent weeks after falling over the winter. This has led to concerns among potential homebuyers about affordability, especially as home prices have also been increasing. If you are planning to buy a home this year, you may be wondering if now is the right time

Purchasing a house has become an increasingly popular way to achieve financial security and generate wealth. As per Freddie Mac, buying a home is a key aspect of wealth creation and financial stability, thanks to the equity built through monthly payments and home price appreciation. With the Maine r

A recent Harris Poll survey found that 8 out of 10 Americans are prioritizing buying a home, and approximately 28 million Americans plan to buy one in the next 12 months. Homeownership offers numerous financial and non-financial benefits, so the number of Americans prioritizing it should come as no

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