Asked the question a lot, how is the Maine real estate market?
Is it hot, or not? To answer the question, it depends which type of property listing we are talking. What section of the real estate in Maine price range brackets we are wondering about specifically.
Overall, the market in Maine for real estate sales is extended or shortened marketing time.
But not a nose bleed high price hike happening one way, or dive down to China the other direction.
In the rural areas which most of Maine is small towns, it is not just houses or homes being listed, marketed, sold either.
But raw land in Maine, owner financed woodlots, waterfront properties for sale, small business properties, rental income complexes. Or listings where no bank, but cash on the barrel head happens too.
The reason for cash sales is so low listing prices on the Maine real estate properties. Unlike urban areas where eight out of ten people have to hang their hat. Chase the dollar. Worry about all that crime, traffic. Other life shortening stuff.