The arrival of summer in Maine is a much-celebrated time of year. The “break of dawn” awakens the birds at 4:30 AM, and the sun rises shortly thereafter, followed by nearly 17 hours of daylight. Talk about magical! We locals can work a full day in the office and still have enough time to play nine holes of golf, mow the lawn, ride our bikes, go to the beach, and/or take a boat cruise with time to spare. And if you are here on vacation, you can imagine the possibilities. Not to mention that July, August, and September offer some pretty spectacular weather patterns, making Maine an ideal place for any outdoor activity.
Recent news surrounding the national real estate market has certainly been a mixed bag. In fact, the Wall Street Journal featured a front-page article this week titled “New Real-Estate Math: Half a Million More Sellers Than Buyers.” The article goes on to cite multiple reasons why this may be the case in certain parts of the country. However, we are pleased to report that Maine continues to be quite strong through May, according to Maine Listings, which cited a healthy 6.5% rise in the single-family home median sales price and a 4% increase in unit sales when compared to the same period last year.
