As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the ho

Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses. SmartAsset estimates the average American

According to the experts, while we may see slight depreciation this year, home prices are expected to grow over the next five years. If you’re ready to become a homeowner, know that buying today can set you up for long-term success as home values (and your own net worth) are projected to grow. Consi

  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

  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

  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

  Are you planning to buy a home in Maine this spring? If so, you're likely to encounter a housing shortage that may impact your search. According to the Monthly Housing Market Trends Report from realtor.com, although there are more homes for sale now than at this time last year, there's still an un

  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

  Are you considering purchasing your Maine home this spring? While the market is more stable than it was during the peak of the pandemic, it remains a sellers' market. To ensure that you make the best offer for the home you desire, remember these four tips. Depend On A Real Estate Professional Rely

Amidst the COVID-19 pandemic, many of us had redefined what "home" means for ourselves and our loved ones. This can be seen in the growing popularity of multigenerational households, as explained by Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Associa

You might have come across recent news reports suggesting that renting is a better option than owning a home. However, it's important to understand the basis of these claims before you make any decisions. Many of these reports make assumptions that are unrealistic for the average household. For exam

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

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