How Homebuyers Can Stick Out In A Crowded Real Estate Market
Friday, September 20th, 2024
Greg Gagalis
The real estate market is poised for a significant shift following the Federal Reserve's decision to cut interest rates by half a percentage point on September 18. Many realtors and mortgage brokers predict that these lower interest rates will likely attract more buyers to the housing scene. This increased demand could drive home prices higher and intensify competition for an already limited inventory.
Fed decision opens the real estate floodgates after four years
Thursday, September 19th, 2024
Greg Gagalis
The Federal Reserve's 50 basis point cut has ignited market chatter among America's real estate leaders who think this could be the start of a buying and selling frenzy.
Welcome to this exceptional to be constructed modern farmhouse, located in the prestigious Shackford Point Estates.
The best time to buy a home in the U.S. is just a few weeks away, when a new influx of listings arrives on the market and competition levels off from its summer high, according to a report from Realtor.com.
Real estate scams are on the rise – here’s what to look out for
Tuesday, September 10th, 2024
Greg Gagalis
Whether it's empty promises of lucrative pay days from flipping houses, fake property postings or deceptive mortgage relief schemes, real estate scams are on the rise, experts warn.
Governor Chris Sununu has signed into law House Bill 1113, relative to septic evaluation (more commonly known as “septic inspection”) prior to transfer of properties on the developed waterfront. The new law, which went into effect on September 1, eliminates the requirement that a seller perform a septic site assessment. Instead, a buyer will need to have a septic inspection performed proper to transfer.
Sales of single-family home sales in Maine remain healthy and in-demand, though the number of units-for-sale remains low. Maine Listings reported 1,482 homes changed hands during the month of July, up 10.93% compared to July 2023. The median statewide sales price increased 5.07% over the past 12 months to $399,250.
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