2024 Home Sale Report
The year 2024 showcased a dynamic and evolving Maine real estate market, defined by rising home prices, resilient demand, and the ongoing challenge of [...]
Building Great Structures
How long does it take to build a famous structure? Many of the world’s great building took more than a decade to complete, and [...]
Home Price Strategies
When it comes time to sell your home, determining the best possible list price can be a challenge in any market. In 2024, while median [...]
May Sales Update
In May the median price of a single-family home in Maine reached an all-time high of $399,000 and now stands at $375,000 YTD, representing [...]
January Home Sales Report
While home sales were down in January, there is still demand for properties from a variety of buyers. According to statistics from MREIS, the [...]
Ground Hog Day
Glad tidings on this Groundhog Day. An early spring is on the way, We are here to share the relief that accompanies a tradition [...]
Interest Rate Forecast
Looking forward to 20204 the Federal Reserve is expected to start reducing interest rates significantly, with a prediction of cuts totaling 100 basis points. [...]
Shelter Inflation
Have you ever wondered how exactly inflation impacts the housing market? Not surprisingly, they are connected. Whenever there are changes to one, both are [...]
Updated Home Values for November
While the supply of homes available for sale has increased recently, there is not a surplus, as there was in 2008.
2023 Forecast
A 2023 home prices forecast from the experts. See what they predict and what this means for homebuyers in Maine.