Real Estate Information Archive

Blog

Displaying blog entries 1-5 of 5

Why Is November The Best Month To Sell?

by Fontaine Family

Should You Sell Your Home In November?
November Could Be The Best Month To Sell!


Most homeowners think that once fall comes around, the home buyers disappear.  That idea may have been true at one time, but in today's market with a shortage of inventory, your home may be more likely to sell more quickly and closer to asking price in November and December. 

In today's real estate market, half of buyers are not married, so their decisions may not be based on children's school schedules.  Buyers who are looking in November could be moving because of job changes, they may have been too busy during the summer months, or they could have waited until after the busy season in hopes of getting a better deal.  November house hunters are usually more motivated and less deterred by things like snow, short days, and holidays.  If you make your house ready to view, buyers are likely to make an offer close to list price! 

Sellers tend to think that it isn't worth trying to sell during November and December and they take their homes off the market.  That could be a huge mistake for sellers.  Serious buyers who are in the market have fewer homes to choose from so there is a sense of urgency to make a good offer before someone else beats them to it!  With an already short inventory of homes for sale in Maine...we could be expecting multiple offers on listings that are priced right this November and December!  

Are you ready to sell your Maine home this November? 
Call us at (207)784-3800 or (207)289-3830 to get started today! 

Welcome to the Team

by Fontaine Family

Welcome Tim!

We are pleased to announce the addition of Tim Cyr to the Fontaine team in our Scarborough location. Tim holds an Associate Broker license and is a member of the Merrymeeting Board of Realtors, Maine Association of Realtors, and the National Board of Realtors.  

Tim is an entrepreneur and business owner.  He started and grew an IT company in southern New England which was eventually sold to a larger firm.  He has also been a consultant to growing businesses.  Tim volunteers for the Lovell Invasive Plant Patrol Committee and the ME Voluntary lake Monitoring Program to maintain the quality of Maine’s waterways.    

Tim lives in Lovell and Old Orchard Beach.  In his spare time he likes to ski, golf, play hockey, and hike in the local mountains with his terrier. 

Tim can be reached at (860)559-2911 or at tim@fontaineteam.com.

Is Buying Cheaper Than Renting in Maine?

by Fontaine Family

Buying Remains Cheaper Than Renting in 39 States!

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

The updated numbers show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up to 50.1% less expensive in Baton Rouge (LA), and 33.1% nationwide!

A study by GoBankingRates looked at the cost of renting vs. owning a home at the state level and concluded that in 39 states, it is actually ‘a little’ or ‘a lot’ cheaper to own (represented by the two shades of blue in the map below).

Buying Remains Cheaper Than Renting in 39 States! | Simplifying The Market

One of the main reasons owning a home has remained significantly cheaper than renting is the fact that interest rates have remained at or near historic lows. Freddie Mac reports that the current interest rate on a 30-year fixed rate mortgage is 3.91%.

Nationally, rates would have to reach 9.1%, a 128% increase over today’s average of 4.0%, for renting to be cheaper than buying. Rates haven’t been that high since January of 1995, according to Freddie Mac.

Bottom Line
Buying a home makes sense socially and financially. If you are one of the many renters who would like to evaluate your ability to buy this year, let’s get together and find you your dream home.

Are you ready to start on the paty to financial independence by purchasing your own home? 
Give us a call today, and let one of the experienced Fontaine agents go to work for you!

Auburn:  (207)784-3800
Scarborough:  (207)289-3830

Thank You for the Cans!

by Fontaine Family

Our Communities Are Awesome!

Thank you to everyone who donated their cans and bottles to help us fill up the moving van for Q97.9's Cans for a Cure!  Thanks to you, we not only filled our moving van to overflowing...we also filled up a full sized pick-up truck!  Businesses and individuals in the communities around both our Auburn office and our Scarborough offices were very generous, bringing in donations until the last minute! 


We all know someone who has been touched by cancer.  That is why this event is so close to our hearts...it raises money for the Cancer Community Center which helps those that have been affected by cancer. 

Thank you once again...
we are proud to be part of such caring communities! 

We Want Your Empties

by Fontaine Family

We Want Your Empties! 

October is Breast Cancer Awareness Month
and we are once again collecting cans and bottles for
Q97.9's Cans-For-A-Cure!

Drop your empties off at either of our locations between Monday, October 2nd and Wednesday, October 11th to help fight cancer in Maine!
Call us at (207)784-3800 and we can schedule a pick-up in the Lewiston/Auburn area!

Displaying blog entries 1-5 of 5

Share This Page

Contact Information

Photo of  Real Estate
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

Existing Users


Current My Listing Manager Members Login Here:

We respect your privacy. We will never sell or give your data to anyone.

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2017 Maine Real Estate Information System, Inc. All Rights Reserved.

 

 


Privacy Policy click here