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real estate
Maine homebuyers are skipping the inspection. Experts say it’s a risky move.
The practice has become increasingly common as prospective purchasers, frustrated by the state’s red hot real estate market, are doing whatever they can to put in the winning bid.
Nearly half of all Maine tenants cannot afford rent, new study says
A Harvard University report indicates that Maine’s renters are struggling – something that those in the affordable housing arena know all too well.
Maine home sales activity is slowing down, but it’s not a buyer’s market yet
May was largely a continuation of existing trends, with home sales down 12% and prices up 15% from a year ago.
Beachfront, Chebeague Island home stuns with simplicity
$989,000 | 44 Jenks Rd., Portland
April home sales fell 21% in Maine, but prices went through the roof
The limited selection of homes on the market last month sold for 25% more than in April 2021.
High Head home has separate guest quarters and deeded waterfront access
$899,000 | 60 High Head Rd., Harpswell
On the Market: Capture the castle
Regal homes for sale across the state.
How to protect yourself from real estate scams
TIPS FROM THE FEDERAL TRADE COMMISSION Be suspicious of anyone who asks for a cash deposit up front to see a property or asks you to wire a deposit. Try searching the local property appraiser’s website to find out who the current property owner is and look for contact information online. Avoid doing transactions via […]
Real estate fraud in Maine rising as scammers take advantage of tight housing market, desperate buyers
Real estate is the third most common sector for fraud attempts behind construction and commercial services, according to the findings of a 2019 report by the Department of Treasury.