" " " Maine's Waterfront Real Estate News

Friday, August 2, 2019

Waterfront Cottages for Sale in Maine: - The Best to Invest in Maine Real Estate

Property investment is a very common thing and a majority of people look forward to investing in the different properties all throughout the world for one reason or the other. While some people invest in the properties which are located in the cosmopolitan areas, others usually prefer buying properties in the areas such as islands with an aim to settle down there in their old age.
The waterfront cottages for sale in Maine has become the hottest investment and many investors are buying the best homes for sale in Maine on the water. So, what makes these waterfront homes and cottages a favorable investment for all the investors? Below listed are some key points to justify the same.

1.    Waterfront properties are high in demand:
Every person dreams of having a property which is situated nearby a lake or waterfront. This is one of the reasons why the best homes for sale in Maine on the water are a popular investment among the people. The beautiful locations, the mesmerizing view, and the comfort of these properties are more than enough to appeal to your tastes.

2.    Waterfront properties entertain a high value:
The best thing about investing in the waterfront cottages for sale in Maine is that the value of these properties rarely depreciates. This is because of the high demand as well as the limited supply of such properties. This clearly means that your property on the water in Maine is going to retain a great resale value, thereby making it the smartest investment for you.

3.    Waterfront properties are located in peaceful areas:
If you are a peace-lover who looks forward to living in a place that is away from the hustle-bustle of the city, waterfront properties make the best choice. The best homes for sale in Maine on the water are situated away from the noisy city. Thus, you can always spend a peaceful and tranquil time within the property.

Waterfront property in Maine is a dream property as well as a great investment for you and your family. There are a number of benefits which make this kind of property a favorable investment. Get in touch with the real estate agent in Maine and invest in the best waterfront property of the island.

Tips to Find Affordable Island Properties in Maine

The the beautiful island of Maine has become one of the most sought-after destinations for the people at large. Some visit this place to vacation their hearts out with friends and family, while others come here for investing in the amazing properties that this island has to offer. Main island properties are all about spectacular views, amazing locations, as well as an easygoing investment.
There are a number of reasons which are certainly going to convince you to put your hard-earned money in the Maine island land for sale properties. The easygoing investment, the amazing deals, and many other elements make this island a hub for land and property investments. Thus, while you are seeking the best Maine island properties, here are the tips to hunt for the most affordable island properties in Maine:

·         Many experts recommend visiting the concerned property for more than one time. These experts suggest not to miss going and exploring the Maine property when it looks the best and also during the off-season.

·         It is very important for you not to go by the quoted price while investing in Maine island properties. The properties in Maine always have enough room for bargain. Thus, do not go by the listed price of the property and put your best foot forward to bargain.

·         It is also suggested to hire an international property brokerage firm which is present in your home country as well as where you want to invest in the property. The a concerned brokerage firm can surely help you to seek the best property of the Maine island land for sale.

·         You can also get in touch and consult an independent advisor to serve the purpose of letting you find the best property to invest in Maine. This independent advisor shall also guide you through all the legal aspects of the ownership of the property in Maine and will make sure that you go by a smooth transaction.

·         Experts also suggest that the best time to invest in Maine island properties is when the foreign currency exchange rates are in your favor. By doing this, you will be able to save a lot of money.

Try these easy tips while you are hunting the best properties in Maine for investment within the most reasonable prices.

Wednesday, July 3, 2019

Maine Waterfront Homes For Sale - A Paradise Investment

Maine is a beautiful place that is renowned for its spectacular mountains, rocky coastlines, gorgeous rural areas, fascinating culture, and delish lobsters. Maine is not a crowded place, and hence people usually escape into this beautiful island in search of peace away from the hustle-bustle of their cosmopolitan lifestyle. While Maine is considered to be a popular tourist attraction throughout the world, a number of people have started developing a huge interest in the real estate of the island, thereby making it a sought-after place to invest their money in.

The beautiful waterfront lands for sale in Maine is very popular among all the investors who usually look forward to investing in a property for their future life. Maine waterfront homes for sale are available in competitive prices and investment in real estate in Maine is not very easy. This is because, on one side, the state is very famous for retirement living destination and tourism; however, one on the other side, there is a shortage of workforce within the area. But if your plan to invest in Maine is to seek a retirement living destination, Maine is surely a paradise to be in. Homes for sale in Maine on the water are highly popular for this particular reason.

The economy of Maine is diverse and the island supports industries such as retail, healthcare, tourism, education services, as well as construction. Thus, this translates into good opportunities for all the people, especially the young workforce who plans to invest in the long-term properties in Maine. If not the ideal investing setting, the real estate investors can surely see the retirees and tourists’ influx as a chance for steady income streams year-round for them.

Before making an investment in Maine waterfront real estate for sale, there are a number of factors that the investors usually take into consideration. These factors include the popularity as a retirement living destination, good rental market, enough facilities and amenities, affordability of the homes and properties, etc. Fortunately, Maine entertains all these key elements of investment in its property and hence it is truly considered to be a paradise investment for all the investors throughout the world.

Invest your money in the real estate Maine and spend the life after your retirement in the lap of nature.

Wednesday, June 26, 2019

Key Elements To Be Noticed During A Coastal Maine Property Search

The coastal properties of Maine are witnessing a great boost in terms of investment and a number of people are investing in these properties for different reasons. As a result, the sellers and real estate agents have put the best houses for sale in Maine coastline and a lot of buyers are seeking special interest to buy these properties. However, before you make any Maine coast real estate investment, there are a few elements that should always be kept into consideration.
Below listed are the key elements that you must always take in consideration during a coastal Maine property search:
1.    Maintenance of the property:
Most of the people invest in properties in Maine for their life after retirement. Considering the beautiful location and tranquility offered by the place, Maine provides for a perfect location for such life. However, nobody would want to choose a property which is hard to maintain especially during the time when a person is deciding to live in such property in his/her old age. Thus, the Maine coastal real estate that you are investing in must be easy to maintain.

2.    Accessibility:
Accessibility is another important factor that must be kept under consideration while investing in Maine property. The property that you are buying in Maine should be accessible by the way of roads as well as waterways. The locality that you are planning to live in should be able to provide easy access to the nearby markets and other important places respectively.

3.    Energy efficiency:
Another important consideration that you must always keep in mind while hunting for any coastal Maine property for sale is the energy efficiency of that property. A number of Maine homes do not adhere to the current energy efficiency standards. These homes are typically comprised of single pane windows, trampled downside insulation, inefficient air conditioner units, etc. The property that you are going to invest in must be energy efficient by all means.

Investment in any sort of property in Maine should always come with a few considerations that you must always check before putting your hard-earned money into the same. Do not forget to check with the above-listed key elements while your hunt for the best Maine coastal real estate is on.

Sunday, July 29, 2018

Median Sales Price of Single-Family Homes in Maine Up 10.98% in June

AUGUSTA (July 23, 2018)The Maine summer real estate sales season is in full swing. According to the Maine Association of REALTORS®, REALTORS® around the state sold 1,937 single-family existing homes in June 2018, an increase of 2.54 percent over June 2017. Home values experienced double-digit gains, with a 10.98 percent jump in the median sales price to $227,500. The MSP indicates that half of the homes were sold for more and half sold for less.

"It’s been a strong year for much of Maine and inventory is moving quickly," says Kim Gleason, 2018 President of the Maine Association of REALTORS® and Broker/Owner of McAllister Real Estate in Hallowell. "The number of sales during the first six months of 2018 are nearly 2 percent ahead of the first six months of 2017, which was Maine’s best ever.

"In some areas of Maine, the markets are tightmultiple offers are prevalent, and prices show upward pressure."

The National Association of Realtors today reported a national sales dip of 2.3 percent, while prices rose 5.2 percent to an MSP of $279,300. Regionally, home sales in the Northeast eased 4.0 percent over the past year and the regional MSP increased 3.3 percent to $305,900.
"Maine real estate continues to be a great investment, and those thinking of buying or selling need to consult early on with a REALTOR® who is knowledgeable of the local area for the best strategy and successful outcome," adds Gleason.

Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of June only, statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the rolling quarter of April, May and June of 2017 and 2018. (Continued)

Maine Real Estate Statistics June 2018 Housing Report7/23/18Page 2 of 2 JUNE ONLY CHART
June 1-30, 2017 June 1-30, 2018
2017 2018 %Change 2017 2018 %Change
STATEWIDE 1889 1937 2.54% $205,000 $227,500 10.98%
From April 1, 2017 June 30, 2017 and
April 1, 2018 June 30, 2018
2017 2018 %Change 2017 2018 %Change
STATEWIDE 4519 4641 2.70% $ 197,400 $ 218,500 10.69%
Androscoggin 283 300 6.01% $ 160,000 $ 175,000 9.38%
Aroostook 131 173 32.06% $ 90,000 $ 97,000 7.78%
Cumberland 1037 1115 7.52% $ 295,050 $ 312,000 5.74%
Franklin 103 110 6.80% $ 118,000 $ 138,500 17.37%
Hancock 200 191 -4.50% $ 194,500 $ 200,000 2.83%
Kennebec 425 438 3.06% $ 147,500 $ 162,250 10.00%
Knox 161 171 6.21% $ 210,000 $ 245,750 17.02%
Lincoln 148 122 -17.57% $ 191,000 $ 221,250 15.84%
Oxford 212 192 -9.43% $ 140,000 $ 149,000 6.43%
Penobscot 464 466 0.43% $ 150,000 $ 139,000 -7.33%
Piscataquis 66 80 21.21% $ 102,500 $ 110,000 7.32%
Sagadahoc 140 142 1.43% $ 219,250 $ 235,000 7.18%
Somerset 164 156 -4.88% $ 105,000 $ 115,750 10.24%
Waldo 113 104 -7.96% $ 157,000 $ 186,000 18.47%
Washington 90 90 0.00% $ 112,250 $ 112,450 0.18%
York 782 791 1.15% $ 255,000 $ 279,900 9.76%

Sunday, August 6, 2017

Ten Valuable Tips You Should Know Before Buying Waterfront Property in Maine

These tips are intended to be a check-list for you to consider before purchasing Maine waterfront real estate, hopefully helping you to become a better informed buyer.

Most of these tips are just common sense suggestions that any careful buyer would be concerned about anyway – but we are talking about Maine and waterfront property, and there are a few twists and turns you may not be aware of – so perhaps these will spark a few new thoughts for you to consider…

They are not intended to discourage or scare you away from buying Maine waterfront property – as we firmly believe this is the most solid segment of the Maine real estate market you can invest in.

But buying ANY real estate is a significant undertaking – and there is a term we use in this industry called “doing due diligence”, which just means doing your homework before making a final commitment.

So, if you are contemplating buying waterfront property in Maine, click on http://waterfrontpropertiesofmaine.com/ to learn about these Ten Tips