It’s not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgment. Conditions just weren’t great.
Inventory was too low, prices were too high, and mortgage rates were bouncing all over. That made it really hard to find a home you loved – and could afford. And why sell [...]
Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your [...]
Evaluating single-family residential sales in the State of Maine from January 1, 2024, through December 31, 2024, most buyers came from within the State of Maine, with 69.27% of all purchases, equating to 9,897 homes sold last year. Ranking second are out-of-state buyers from Massachusetts, 8.71%; New Hampshire, 4.11%; Florida, 2.21%; and New York, 1.41%.
Thinking about "right-sizing" as your current situation is not working for you, or perhaps it's time to move closer to your loved ones, call us today at 207-701-5600 or email us at info@catesre.com.
In 2023, most buyers who purchased a single family residential dwelling came from within the State of Maine. This accounts for 67.87% of homes transferred to fellow Mainers who were downsizing, upsizing, and rightsizing. This compares to Q4 statistics that showed 68.8% of purchases were Mainers.
FMI contact a lifestyle expert at Cates Real Estate | 207-701-5600 | info@catesre.com | www.catesre.com
