Presenting Our December 2022 Real Estate Spotlight: "Don't Always Believe the Headlines" | Maine Real Estate Blog

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Read the newest volume of Real Estate Spotlight to see our recent market analysis and the latest extraordinary homes for sale in Maine. Don’t Always Believe the Headlines The famous writer and satirist, Mark Twain, once responded to a rumor published in the press that he had succumbed to a serious illness with the famous quip, “Rumors of my death are greatly exaggerated.” The real estate market has faced similar reports over the last few months. There is hardly a day that goes by in which one or many periodicals (local, regional, and national) predict the imminent demise of the residential real estate market. Of course, there are selective examples in which certain cities in certain states are struggling while others are moving along with little sign of collapse. I am pleased to say that Maine real estate is not exhibiting signs of collapse and continues to have a strong underpinning characterized by a deep buyer pool, stabilizing prices at all-time highs, limited inventory, and a growing number of people from all over the world adding Maine to their list of places to visit and possibly relocate. Maine is a small real estate market, and it does not take too many Maine lifestyle converts to keep the supply and demand dynamics at a healthy level. Read the rest of President Chris Lynch’s market analysis and see our extraordinary homes for sale here.