The New Wave of Homebuyers: Gen Z's Path to Homeownership
With Generation Z (Gen Z) keen on carving out their own spaces and securing financial independence, many are now veering towards homeownership. Per the latest report from the National Association of Realtors (NAR), an impressive 30% of Gen Z individuals have moved directly from their family homes to
Read MoreWhy Every Homebuyer And Seller Needs A Trusted Agent
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
Read MoreNavigating Relocation In Maine: Insights And Trends
The allure of a new home and a fresh start continues to drive many to relocate. But with the housing market’s challenges of limited inventory and rising prices, it's essential to understand the current trends. A recent report from Gravy Analytics sheds light on these trends, making it invaluable for
Read MoreThe Blueprint To A Smooth Home Building Journey In Maine
There's a unique thrill in being the first person to call a place home, right? Choosing that perfect countertop, selecting the flooring, maybe even deciding on the color palette for the rooms. When buying a new construction home in places like Scarborough or Wells, it's like sculpting your dream fro
Read MoreYour Home's Hidden Wealth: Tapping Into Equity
Homeownership is more than just a place to lay your head. Over the years, as you make payments and as the housing market appreciates, you accrue equity. And in recent times, given the boom in home prices, your equity might just be your hidden goldmine. CoreLogic's recent Equity Insights Report illum
Read MoreCharting Your Southern Maine Home Buying Path
As you ponder the prospect of purchasing a home, Southern Maine—with its rich heritage, vibrant communities, and picturesque landscapes—may be on your radar. The decision to buy a home here, or anywhere, is significant. There's an array of factors to consider, from current mortgage rates to the in
Read MoreHow To Win In The Southern Maine Home Buying Game
We've bid farewell to the roaring 'unicorn' era of real estate, yet the current market in places like South Portland and Brunswick is still vibrant due to the lean supply of homes for sale. If you're eyeing the Southern Maine real estate scene this season, be aware that while the bidding war bonanza
Read MoreWhy Real Estate Is A Top-Choice Long-Term Investment
Key Points To Consider Based on the results of a recent Gallup poll, real estate has consecutively been named the most valuable long-term investment for over a decade, even surpassing gold, stocks, bonds, and other forms of investments. Owning real estate is not simply about having a place to ca
Read MoreThe Impact Of Homeownership On Your Financial Future
You've probably heard a lot of people, from all walks of life, asserting that it's preferable to rent rather than purchase a home in this current environment. However, there are numerous compelling reasons to consider homeownership today. One of the foremost reasons is that owning a home is genera
Read MoreMaking Sense Of Home Prices And Mortgage Rates
If you've been giving buying a home some thought, you've probably been frequently monitoring every piece of news about the housing market you can get your hands on. News outlets, social media, chats with your real estate agent, or even casual supermarket conversations - they're all sources of insigh
Read MoreWhy Homeownership Still Matters In The American Dream
The American Dream is a unique concept, interpreted differently by everyone. For many, it symbolizes success, freedom, and prosperity - all of which can be achieved through homeownership. A recent survey conducted by Bankrate asked participants to identify which achievements best symbolize the Ame
Read MoreA Strategic Approach To Your Homebuying Journey
As a prospective homeowner in today's somewhat challenging market, developing a strategic approach is crucial, particularly with the current state of mortgage rates. The borrowing cost has significantly increased, prompting many to carefully reassess their home feature wishlist. It's about underst
Read MoreWhy Newly Built Homes Matter in Your Home Search
Feeling hesitant about selling your house because you're unsure if you'll find your next home in today's market? Don't worry, you're not alone. But, there's some encouraging news that might just put your mind at ease. New home construction has seen a significant increase and is now a major contribut
Read MoreWhy Southern Maine Homeowners Don't Regret Their Purchase
In light of the recent increase in mortgage rates, inflation, and talks of a potential economic downturn, many prospective homebuyers are left wondering: is buying a home this year still a sound decision? Despite the unique challenges that this year brings, it's crucial to keep in mind the endurin
Read MoreYour Credit Score Is More Than Just A Number
Considering buying a house? Well, one thing you should be aware of is how your credit score is a huge part of the home loan equation. Lenders scrutinize your credit to see if you're the type who can handle timely payments, pay off debts, and more. Plus, your credit score is a significant player in
Read MoreUnlocking Homeownership: Down Payment Myths & Options in Southern Maine
If you're looking to buy your first home, you're probably focused on all those costs involved in such a significant purchase. Without a doubt - your biggest cost is likely to be your down payment. It's common to feel daunted by the amount you need to save for this upfront cost, especially if y
Read MoreWhy Your Needs Matter More Than Current Mortgage Rates In Today's Market
As life unfolds, change is inevitable. For many, this could mean contemplating a shift in their living situation. If you're considering selling your house in Southern Maine, it's essential to keep your focus on the reasons behind your decision, rather than getting sidetracked by variables like mor
Read MoreY-O-Y And M-O-M Comparisons In Southern Maine's Real Estate Market
Deciphering media narratives surrounding home prices can be a complex task. The main source of confusion stems from the data being used and the aspects they choose to highlight. Home prices, especially in dynamic markets such as those found in Cumberland and York Counties of Southern Maine, are of
Read MoreNavigating Homeownership: A Spotlight On Southern Maine's Thriving Real Estate Market
In the midst of the headlines about home prices and fluctuating mortgage rates, you may be wondering whether investing in homeownership still holds merit, especially in the current Maine real estate climate. A recent poll from Gallup might help to resolve your doubts as it reaffirms that yes, indeed
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Some Highlights June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home. Owning a home not only makes you feel proud and accomplished, but it’s also a big step toward having a secure and stable financial future. Are you ready
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