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Real Estate is Best Long-Term Investment

by Fontaine Family

Americans Believe Real Estate is Best Long-Term Investment

According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment.

Bankrate asked Americans to answer the following question:
"Which would be the best way to invest money you did not need for more than 10 years?”
 

Real Estate came in as the top choice with 25% of all respondents, while cash investments (such as savings accounts and CD’s) came in second with 23%. The chart below shows the full results:

Americans Believe Real Estate is Best Long-Term Investment | Simplifying The Market

Sterling White, co-founder of Holdfolio, gave one reason as to why real estate may have ranked so high.

"Houses are tangible. You can physically see and feel the product. So you know where your money is going."

July’s poll also found that for the “26th consecutive month, Americans’ sense of financial well-being improved when taking into account debt, savings, net worth, job security, and overall financial situation.”

Bottom Line

There are several reasons, both financial and non-financial, as to why homeownership makes sense. It is nice to see that Americans have returned to a belief in homeownership as the best investment.

Summer Concert Series

by Fontaine Family

Free Summer Concert Series in Maine 
Did you know that many towns in Maine offer FREE concerts during the summer?  


Auburn
The Auburn Community Band offers a Summer Concert Series at Festival Plaza between 7pm and 8:15 on Wednesday nights.

Bath 
offers 2 Free Concert Series  Gazebo Concert Series on Tuesdays and Friday nights at 7 in the Gazebo at City Park  Waterfront Park Concert Series Saturdays at 6pm at the Waterfront Park on Commercial Street.

Freeport 
L.L. Bean offers a series of Free outdoor concerts in Discovery Park.  Most concerts start at 7:30pm on Saturdays.

Portland 
offers the Eastern Promenade Concert Series at Fort Allen Park Gazebo on Thursday nights between 6:30 and 7:30.

Scarborough 
The Scarborough Community Chamber of Commerce offers concerts at Memorial Park at 6:30pm on Thursdays. 

Keep your Home Safe While on Vacation

by Fontaine Family
Are you planning a vacation this summer? 

You have probably been dreaming about the location, searching for hotels and flights and making plans for all the things you want to see and do....but have you given any thought to keeping your home safe while you are gone?

Your home is one of the biggest purchases of your life, so you definitely want to put some thought into how you are going to keep it safe while you are away. 

Here are a few suggestions to get you started!

1.  Lights - leave a couple of lights on inside your home, or better yet, put a few lights on a timer so they turn on and off giving the illusion that someone home.  On the exterior, make sure the entry to your house is well lit, or consider installing motion lights.  

2.  Mail & Newspapers - a pile of newspapers on the front lawn or in the box is a sure sign that homeowners are away.  Make plans with a neighbor to pick up your mail and newspapers while you are gone, or call the post office and newspaper to make arrangements to have delivery halted while you are away.

3.  Car in the Driveway - leaving a car in the driveway or asking a neighbor to park in your driveway while you are gone, give the illusion that someone is home.

4.  Lock it Up - Make sure all the doors and windows to your home are locked.  Make sure you check that basement door or 2nd floor window that rarely get used. 

5.  Spare Key - make sure you remove any hidden key you may have outside of your home.  You may think it is well hidden, but why take the chance that someone will find it.

6.  Lawn - One of the great things about vacation is that you don't have to mow the lawn...but tall grass is a sure sign that nobody is home.  Make arrangements to have someone take care of the lawn while you are away.

7.  Social Media - You may want to avoid making comments about your vacation or uploading vacation photos to your Facebook account or other social media until you are home.  Advertising that you are away for a week is an open invitation to burglars. 

8.  Police Drive by - some local police departments will drive by and check on homes while the owner is away.  You may want to consider contacting your local police department to see if they provide this service in your community.  If not, consider having a trusted neighbor check on the house.

The more you can make your home look like someone is still coming and going, the safer it should be!  Plan ahead to protect your home and then relax and enjoy your vacation!

Are you ready to find your dream home? 
Call us today at (207)784-3800 in Auburn or (207)289-3830 in Scarborough.

Displaying blog entries 1-3 of 3

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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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