Although the feverish pace of the ‘unicorn’ years in the housing market has tempered, it remains a golden period for those looking to sell their homes, with the scales largely tipping in the favor of sellers. Wondering what this really spells out for you? The recent Existing Home Sales Report, as re

Maybe you’ve been holding back from selling your home, caught up in the chatter about mortgage rates rising and fearing that there aren’t buyers out there for your place. But let’s cut through the noise and look at the actual data, because spoiler alert: there are plenty of buyers on the hunt, and t

You may feel somewhat hesitant to even consider selling your home, especially when faced with potentially higher mortgage rates. But it’s vital to remember that it’s not just about the finances. The personal aspect plays a pivotal role too. A Bankrate article puts it succinctly: “Deciding whether i

Some Highlights Limited Inventory: Current market reports suggest that there are only about half the number of homes available for sale compared to what was considered a normal inventory in previous years. Buyers' Demand: The reduced number of listings means buyers have fewer options to choose

In a period where whispers of recession loom, the economy, anchored by a robust employment landscape and steadily growing wages, holds steadfast, painting a hopeful picture for individuals contemplating selling their homes. Let's delve deeper into the crucial roles that employment and wage rates are

The digital era has democratized information, but with great power comes great responsibility. In the world of real estate, with its ever-shifting landscape, having access to accurate, timely, and relevant information is more than just an advantage – it's a necessity. The Difference a Good Agent Mak

If you've taken a scenic drive through towns like Scarborough or Gorham recently, you might've noticed changes in the real estate landscape. But with the NAR's upcoming EHS report, you could be scratching your head. It's hinting at a dip in home prices, yet you've read elsewhere that home values are

With the soaring costs in essentials like groceries and fuel, there's mounting speculation: will homeowners struggle with their mortgage payments, leading to a surge in foreclosures? Despite a slight increase in foreclosure filings from last year, industry experts are dismissing fears of an impendin

For homeowners in Maine, the decision to sell may be somewhat clouded by concerns about higher mortgage rates on the next property. However, understanding your home equity can shine a light on the true opportunities available to you right now. Demystifying Home Equity Home equity is essentially the

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 i

Have you taken a moment lately to think, "Is now the time to sell my home?" Well, if you're in the Southern Maine area, the answer is a resounding yes! And here’s the kicker - there's a shortage of homes available right now. Sure, you’ve probably overheard conversations in Portland coffee shops or a

For many homeowners in Southern Maine, from the picturesque streets of Brunswick to the vibrant scenes of Portland, the idea of selling seems tantalizing yet daunting. Two major concerns often rear their heads: the current mortgage rate scenario and the real challenge of finding a new haven amid a s

Despite waving goodbye to the frenzied activity that typified the housing market of the recent past, the current market is far from dormant. In fact, the flow of buyer traffic remains robust. The ShowingTime Showing Index provides a measure of the number of buyers touring homes. The graph below empl

  Before you proceed to list your house for sale, having a grasp of the current housing market climate is crucial. A positive development to note is that homebuyers are adjusting to the prevailing mortgage rates, perceiving them as the new standard. To appreciate the recent trends in mortgage rates,

  In today's news cycle, you may be feeling a bit of unease about the current state of home prices, questioning if the worst is yet to come. Such anxiety stems from today's headlines often depicting an overly negative narrative. However, when we compare the year-over-year data, it's true that home p

  Some Highlights The current supply of housing is still significantly lower compared to what is considered as normal in previous years. Low inventory ensures that well priced homes continue to sell quickly and experience multiple offers. Even though Spring has come and gone, it's still a great ti

  As a homeowner contemplating your next move in Southern Maine, you might be toying with the idea of using your current house as a short-term rental (STR) rather than selling it. As an alternative to a hotel stay, STRs have gained popularity as an investment option in recent years. The concept of a

  Navigating today's housing market might feel like solving a complex puzzle - there are fewer homes available, yet a surplus of buyers are eagerly searching for their dream property. To give you a clearer picture, let's dive into some recent data concerning the active listings, or homes up for sale

Unloading your house isn't a walk in the park. Many homeowners contemplate going the FSBO (For Sale by Owner) route, a path that can be riddled with obstacles without the guidance of a seasoned real estate agent. If you're mulling over selling your house solo, there are a few things you should be aw

  If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when fewer sellers listed their homes