Key Takeaways As you chip away at your home loan and as the property values appreciate, your home equity naturally expands. Thanks to the current uptick in home prices, your equity could be receiving a substantial lift. In today’s market, a substantial number of homeowners find themselves equity r

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

High inflation is making daily expenses steeper, raising concerns among some folks in places like South Portland and Gorham that foreclosures might shoot up. But here’s why that scenario in our beloved Southern Maine is a bit far-fetched. Punctual Payments: The Maine Ethos Across towns like Scarbor

You might have felt the ripple of concern sweeping through neighborhoods in Southern Maine, from the shores of Wells to the bustling streets of Portland. Will the home prices drop significantly? It's a question that's been on the minds of many residents. But here's the silver lining: based on month

Key Takeaways: Home Prices on the Rise: As per expert analysis, various regions are already observing a hike in home prices. The general consensus among experts predicts an optimistic rise in property prices as 2023 unfolds. Mortgage Rates Tied to Inflation: The trajectory of mortgage rates for

  Here are a few key highlights to bear in mind if you're contemplating buying or selling a home and need a quick update on the current housing market situation: The housing inventory is still relatively scarce Prices are climbing their way back up Homes that are priced correctly are moving off th

  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

  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

Some Highlights An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process. They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed i

Breaking It DownNavigating through housing market statistics from one year to the next can be a bit of a puzzle in a typical market. And the last few years? They've been anything but typical, earning the label of 'unicorn' years. In the coming year, be ready for some startling headlines about the h

  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

Some Highlights If you want to sell your house, consider doing it this summer. The days are longer, the weather is warmer, and it’s a great time for sellers. If your needs have changed, now’s the time to capitalize on the low inventory and multiple offers in today’s sellers’ market. Let’s connect t

  Some Highlights If you’re looking to buy a home, you should know even a small change in mortgage rates has an impact on your purchasing power. These charts show how rates generally affect your monthly payment. The best way to navigate changing mortgage rates and make an informed buying decision

  Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold waiting to see what would ha

  Some Highlights Not sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now. Your house will stand out because inventory is low. That’s why the number of offers on recently sold homes is on the rise. And most homeowners

Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down payment assistance. If you’ve

Some Highlights Since inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home. Energy prices have increased over the last year, so look for energy-efficient features in your home search. If you’re looking to buy a home this year, let’s connec

Some Highlights The inspection is a major part of the home selling process. Many buyers used to waive inspections to be more competitive with their offer, but recently, inspections and repairs are becoming popular again. Let’s connect so you have an expert on your side who can help you determine t

    Some Highlights If you’re on the fence about selling your house, it’s worth considering all the reasons why moving could make sense for you. If you find your home no longer meets your needs, it may be time to sell. You have a lot to consider when deciding if you should move. Let’s connect toda

It May Be A Tired Argument But... Renting vs. owning is a topic that has been debated for ages. While it may seem like paying rent is simply paying someone else's mortgage, there's actually much more to it than that. As a renter, you are not only paying for your landlord's mortgage, but also for a l