High interest rates and lower inventory have made it nearly impossible for many Mainers to buy a home. Will either of those factors provide any relief in 2025? While no one has a crystal ball, here's what experts are seeing.
It has been a frustrating few years for home buyers here in Maine. Relentlessly high interest rates and low inventory have made purchasing a home quite the challenge but there is some good news, we hope…
It has been a frustrating few years for home buyers here in Maine. Relentlessly high interest rates and low inventory have made purchasing a home quite the challenge but there is some good news on the horizon, we hope…
Sick and tired of renting and dreaming of owning your own home, but don’t think it’s in the cards? A program for first-time homebuyers is getting people into homes for little to no money down, lower interest rates, and money to cover closing costs.
The low inventory in higher interest rates in the Maine real estate market continues. Sadly, a lot of buyers have given up on the possibility of getting themselves into their own home, but these tips might encourage you to get back in the game.
The general conception with most buyers is that the highest offer gets the home. Let’s be honest, that does play a big role. However, there are several other things you can do to sweeten the offer.
Homebuyers have been frustrated and getting creative over the last few years, as we have seen a real estate market that most have never seen before. Here's what some experts are predicting for 2024.
With the current mortgage interest rates hovering over 8.5%, a lot of buyers have either been knocked out of the game or have chosen to wait. With less buyers, homes are not selling as quickly as they were a year ago. However, that is not the case everywhere.