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Uncategorized SALES DOWN AND VALUES UP IN AUGUST: SALES DOWN AND VALUES UP IN AUGUST:   In a press release to the media today, Maine home sales decreased -18.77% comparing August 2023 to August 2022. The median sales price (MSP) was $372,000, a 9.41% increase in that same time period.   NAR reports that existing home sales were down, and median sales prices […]
Market Watch How are Rising Interest Rates Affecting Buyers and Sellers? Economists generally agree that interest rates are likely to continue to increase over 2023, with some predicting averages as high as 8.25% and 8.75% for 15- and 30-year mortgages, respectively. Some predict drops to as low as 5% again by year’s end depending on inflation, threat of recession, geopolitical concerns, etc. Either way, mortgage applications are already […]
Market Watch 8 Ways to Vet a New Neighborhood Before Moving In Before buying a home, you may wish to dig a little deeper to learn more about the neighborhood. After all, factors like safety, proximity to amenities, and the friendliness of your neighbors are likely to have a significant effect on your quality of life in your new home. Your real estate agent can be an […]
Uncategorized January 2023 Newsletter JANUARY 2023 | What’s in this issue? >> BUYING A FIXER-UPPER? A LOOK AT THE PROS AND CONS >> NO-COST NEW YEAR’S RESOLUTIONS FOR THE HOME >> 6 BUCKET LIST-WORTHY WINTER ADVENTURES Buying a fixer-upper? A look at the pros and cons A house that needs TLC can be a great investment. That is, if you’re […]
Market Watch Existing Home Sales Existing home sales continue to decline. While we are still firmly in a seller’s market, buyers now have more choices and fewer bidding wars. If you have been thinking about selling or buying and have questions about where the market is heading in our area, message me!
Market Watch Market Watch Despite the rise in Mortgage rates, buyers are bidding up prices … for now. But as inventory creeps up and more buyers feel the impact of higher mortgage rates, prices may level off.  If you are thinking about selling to maximize your net profit, message me for a free local market analysis to see how […]
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