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Rents Still Skyrocketing!

by Fontaine Family

Skyrocketing Rents!


Zillow recently revealed that the 43 million renter households in the US spent $535 billion on rent in 2015. Aggregate numbers like these often make it difficult to truly assess a situation. For more clarity, we want to share some points that were made in a Wall Street Journal article earlier this month.

The article made two important points:

1. Rents are increasing faster than the last several years:

 “Apartment rents increased faster last year than at any time since 2007.”

2. Rent increases are accelerating

“Another report from Axiometrics Inc., a Dallas-based apartment research company, showed that rents increased 4.7% in the fourth quarter compared with the same quarter a year earlier, the strongest year-end performance since 2005”.

Here is a graph to illustrate the rate of increase over the last several years:

Average Effective Rent in the US | Keeping Current Matters

Cumberland County Real Estate Market

by Fontaine Family

Cumberland County Real Estate Market  
2015 vs 2014 Statistics

We hear all kinds of statistics on the news about the real estate market, but real estate varies greatly from region to region.  Check out our infographic comparing the real estate market in Cumberland County in 2015 vs. 2014. Click here to see statistics for Androscoggin County.


Androscoggin County Real Estate Market

by Fontaine Family

Androscoggin County Real Estate Market   2015 vs 2014 Statistics

We hear all kinds of statistics on the news about the real estate market, but real estate varies greatly from region to region.  Check out our infographic comparing the real estate market in Androscoggin County in 2015 vs. 2014.  Check back next week to see the statistics for Cumberland County!

 

5 Reasons to Use A Real Estate Professional in 2016

by Fontaine Family

If you are thinking of buying or selling in 2016, we have 5 great reasons you should use a Real Estate Agent:

1. Paperwork 
A knowledgeable agent will help with all the disclosures and paperwork necessary in today's heavily regulated environment.

2. Experience 
Fontaine agents are well educated in and experienced with the entire sales process.

3. Negotiations 
An experienced agent acts as a "buffer" in negotiations with all parties throughout the entire transaction.

4. Pricing 
Your agent will help you understand today's real estate values when setting the price of a listing or an offer to purchase.

5. Understanding of Current Market Conditions
Experienced agents simply and effectively explain today's real estate headlines and decipher

Displaying blog entries 1-4 of 4

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Fontaine Family - The Real Estate Leader
336 Center St. Auburn, ME 04210
432 US Route 1 Scarborough ME 04074
(207)784-3800 Auburn
(207)289-3830 Scarborough
Fax: (207)786-2957

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