EXIT Oceanside Realty Blog
Home Sweet Home: To Rent or To Own? Exploring the Pros and Cons
When it comes to choosing where to live, one of the most significant decisions you'll have to make is whether to rent or own a home. Both options have their advantages and disadvantages, so it's important to weigh them carefully before making a decision.
Pros of Renting:
Flexibility: Renting provides greater flexibility in terms of being able to move whenever you want. This is especially useful if you are someone who needs to mov...
After the wild ride of the past year in real estate it seems like everyone is holding his breath waiting to see what 2022 has in store. As the new year inches closer more and more economic and housing experts are delivering their predictions for what to expect in the new year.
Interest Rates
During the early days of the pandemic, the federal government took action to push mortgage rates to their lowest levels on record. This spurred homebound Americans into “one of the most competitive housing...
It’s no secret that it’s a seller’s market. According to the Maine Real Estate Information System’s (MLS) June Housing Report realtors across the state are continuing to see listings sell at a breakneck speed, often receiving multiple offers. In fact, in June homes were on the market for an average of 6 days. When compared to an average of 14 days a year ago and 13 days in 2019 it’s clear to see the advantage.
Maine has seen a 24.5% increase in the median sales price of single-family homes in...
Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes to purchase. If you’ve been thinking about selling your house, the coming weeks might just be the timing you’ve been waiting for.
According to the Pending Home Sales Report from the National As...
When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears the opposite is taking place.
After the bottom fell out of the real estate market immediately following the shutdown, it has come roaring back – and seems to still be gaining...
Dreaming of your own piece of waterfront on the Maine coast? We've got 4 properties in York listed for under 1 million dollars to take a closer look at! Whether you're in the market today or just day dreaming about the future, here's what a million will get you:
$965,000
11 Long Cove Road
York, ME 03909
Acres: 2.28Space: 2824Beds: 3Baths: 2
11 Long Cove Road York, ME
Tranquility, privacy, frontage on the York River, a dock, indoor pool and hot tub & a separate barn/garage - a perfe...
