Buying and selling confidence in real estate has increased in every region of the country meaning
newly constructed homes are on the rise. While the demand for housing inventory increases, new
homes being built stayed strong as the job market continued to recover. If you’re thinking about
putting your house on the market, now's the time to consider building your dream home!
So much of this year has been up in the air, you may be wondering where Is the housing market
headed for the remainder of 2020? With the help of historically low mortgage rates and rising home
sales, the forecast seems to be a strong one allowing you to maximize on homeownership.
With new realities and norms shifting the way we live, this year’s real estate market is
certainly no exception to that shift, with historic highlights continuing to break records
and challenge what many thought possible in the housing market. Here’s a look at four
key areas that are fundamentally defining the market this year.
We're pleased to announce the addition of Nykki Stevens to the team at our Auburn location!
Nykki can be reached at (207)576-3803 or n.stevens710@gmail.com.
With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars
are becoming more common. Essentially, if you take your time, it may not be available when
you’re ready to commit. Find out what you need to do now so when the time comes your
ready to compete and WIN!
In a competitive market with low inventory, the temptation to fall in love with a house that’s
outside your budget is very real. So, before you start shopping around, it’s helpful to know
your price range and ultimately how much money you can borrow for your loan. Pre-approval
from a lender is the only way to do this.
Many families’ needs have changed throughout the year enabling them to re-evaluate what
homeownership means and what they find most important in a home. For those who now
spend the majority of their hours at home, there’s a growing wish list of what they’d change
about their homes.
Through these challenging times, you may have found your home becoming your office, your
children’s classroom, your workout facility, and your family’s safe haven. Making a move into a
larger home may be exactly what you need to set your family up for optimal long-term success.
If you’ve been taking a closer look at your house recently and are thinking it might be time for
you to make a move, determining your equity position is a great place to start. Find out now
how you can better understand your home equity position and take one step closer to the
home of your dreams.
If you’re among the first-time homebuyers who feel the home buying process is complicated,
you’re not alone. A real estate professional can help you understand the process, review your
current situation, and guide you with a plan to help you to feel confident when buying a home.