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Should I Sell My Maine Home This Winter?

by Fontaine Family

Should I Sell my Maine Home this Winter...
or should I wait until spring? 

This might be the most common question we hear this time of year.  Winter may not be the most convenient time to move, but there are advantages to selling in the winter.


1.  Less Competition 
In the spring, For Sale signs pop up like daffodils!  In the winter, there are less homes for sale, so there is less competition on the market increasing the chances that buyers will look at your home. If there are less homes for a potential buyer to choose from, the probability that your home will have showings...and offers...increases! 

2.  Serious Buyers Are Shopping 
Many sellers believe that there are not buyers looking in the winter.  The truth is, there are always buyers looking to buy.  Serious buyers usually don't stop their home search just because winter rolls around.  Serious buyers want to buy no matter what time of year it is! 

3.  Quicker Timeframes 
In the winter months, professionals typically involved in a real estate transaction such as appraisers, lenders, and inspectors, are often more available so your transaction may be able to happen more quickly. 

4.  Seasonal Staging 
Maine can be absolutely beautiful in the wintertime and decorating for the holidays can be easily turned into seasonal staging.  That festive, homey touch may be exactly what a buyer needs to see themselves living in your home...and that leads to offers! 

If you would like to discuss whether selling your home this winter is right for you...just fill out the form below, and one of our talented agents will contact you shortly!

Should Boomers Buy or Rent After Selling?

by Fontaine Family

Should Boomers Buy or Rent after Selling?

 

In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home.

“Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent…Meanwhile, more than 5 million baby boomers across the nation are expected to rent their next home by 2020, according to a 2016 analysis from Freddie Mac.”  This makes sense in the short term for many reasons. If you are moving to a different part of town or a new region of the country, you may decide to rent until you pick the perfect home in an area you love. However, is renting a good long-term strategy?

A mortgage payment remains fixed. Rents, however…

The Census Bureau recently released their 2017 third quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

Should Boomers Buy or Rent after Selling? | Simplifying The Market

As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether you should rent or buy your next home, you should take this into consideration.

Bottom Line

One way to protect yourself from rising rents is to lock in your housing expense by buying a home instead of renting. Let’s get together so we can help you decide what the best step is for you and your family!

Call us at (207)784-3800 or (207)289-3830!

Thank you Lewiston/Auburn!

by Fontaine Family

Thank You Lewiston/Auburn!

Fontaine Family - The Real Estate Leader has been voted
Lewiston/Auburn's Best Real Estate Company
for the 4th Year by Market Surveys of America!


We are very excited and appreciative of all our clients, friends, families,
and all the other professionals we work with every day. 
Without every one of you, this would not be possible! 

Thanks for at great 2017...and we are looking forward to a wonderful 2018!

10 Reasons To Sell During The Holidays!

by Fontaine Family

10 Reasons to List Your Home During the Holidays

1.  People who look for a home during the holidays are more serious buyers.

2.  Serious buyers have fewer houses to choose from during the holidays so you have less competition.

3.  Houses show better when decorated for the holidays.

4.  Buyers are more emotional during the holidays.

5.  Buyers have more time to look for a home during the holidays.

6.  Many people want to buy before the end of the year for tax reasons.

7.  January is traditionally the month for transfers.  Transferees can't wait until spring to buy.  You must be on the market to capture the market.

8.  You may still restrict showings during your personal family events.

9.  You can sell now, but specify a delayed closing or extended occupancy until early next year if you so desire.

10.  By selling now, you have an opportunity to buy during the spring, when many houses are on the market.

Bottom Line 
By listing now, you may have fewer actual showings, but more qualified and motivated buyers.

The Reason 
You have less competition, resulting in a quicker sale and better price for you.

Are you ready to get started today?  Call us at (207)784-3800 or (207)289-3830!

Happy Thanksgiving

by Fontaine Family

The Fontaine Team wishes everyone a very happiest of Thanksgiving! 


Should I Price My Home Higher?

by Fontaine Family

Should I price my home higher to leave room to negotiate?


We hear that question almost daily when talking with home owners about selling their homes. 
Sellers feel that if they add a few thousand dollars on top of the price the Realtor® suggests, it will just give them room to negotiate. 

What can it hurt, after all? 
First of all, buyers have to see your house to make an offer.  Keep in mind that they are looking at photos and comparing it to other houses of the same price.  If you are not one of the best homes at that price, buyers may just move on to the next home and never ever set foot in yours.  Any good agent will provide a seller with comparable properties and the prices they have SOLD for.  Those houses actually SOLD.  There could be other houses, priced just a few thousand dollars high still sitting on the market months after being listing.  Now buyers just scroll right past those houses saying "There must be something wrong with it or it would have sold."  Is it worth the risk?  If you price your house right, you can create a sense of urgency.  Buyers will be afraid that someone else may beat them making an offer.  Sometimes that sense of urgency even produces multiple offers and a higher sales price! 

Which situation would you choose? 
The bottom line is overpricing your home is one of the most common and costliest mistakes you can make when selling your home. 

Are you ready to see what your home is worth in today's Maine real estate market? 
Give us a call and one of our talented agents will provide you with a FREE opinion of value! 

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

Stay Well This Cold Season

by Fontaine Family
Cold and Flu season is here...
 

  
 
Did you know that adults catches an average
 2-4 colds each year?
 
If you think that is surprising, consider this...
 
Children catch and average of 6-12 colds each year!  Yikes!
 
With that in mind here are our
Top 5 Tips for staying healthy this winter
 
1.  Wash Your Hands
Seems obvious, but most people don't wash often enough
or well enough.  Make sure you use soap and
scrub your entire hands including around your fingernails. 

2.  Change Your Toothbrush
If you have been sick, toss your toothbrush and get a new one
to avoid any lingering germs on the bristles or handle.
 
3.  Drink Water
Make sure you drink plenty of water daily. 
Staying hydrated can reduce symptoms like a sore throat or stuffy nose.
 
4.  Keep Your Nose Clean
Consider using a saline nasal spray, Neti pot or taking a hot shower. 
The warm moisture can help clear your nasal passages.
 
5.  Get Moving
Getting a little exercise and sunlight for even 10-15 minutes a day
can boost your immune system and your mood.
 

 
By the way....if you are interested in buying or selling real estate in Maine,
call (207)784-3800 for our Auburn office, (207)289-3830 for our Scarborough office, or e-mail brenda@fontaineteam.com.  

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! 

Leaf Peeping in Maine

by Fontaine Family

Here Comes the Fall Colors!

It is hard to beat the beauty of Maine in the fall!  People come from all over to see the vibrant colors. 


Are you planning on taking a Maine leaf peeping trip this fall?
Here are some suggestions from MaineFoliage.com of when and where to plan your leaf peeping trip...

September 15 - 20:
This is the very early stage of our fall foliage season. To find color, we suggest you travel to northern Maine - Aroostook County, Aroostook State Park, Allagash Wilderness Waterway, Fort Kent, Presque Isle, Ashland, Mars Hill. Peak color typically occurs in these locations the last week in September.

September 22 - 27:
Maine is traditionally experiencing less than 30% color change at this time of the year. Higher elevations in northern areas display the most color. We suggest you visit Sherman Mills, Baxter State Park, Shin Pond, Ashland and Portage.

September 29 - October 4:
Maine's hillsides are beginning to blush with more than half of the trees displaying fall colors. The best locations to leaf peep are anywhere in northern Maine, like Aroostook State Park, Route 11, Eagle Lake Public Reserved Land unit, Pittston Farm, Kineo and Rockwood.

October 6 - 11:
This is the best week for Peak Color in central Maine. Fall foliage color is in full swing in western and central Maine: Visit Grafton Notch State Park, Route 17 near Richardson Lake, Bigelow Preserve, Route 27/16 in Carrabassett Valley, Cathedral Pines Rest Area in Eustis, the lookout from Eustis Ridge, Mt. Blue State Park in Weld, Tumbledown Mountain Range, Greenville, Moosehead, Jackman, Lily Bay State Park, Rockwood, Sebec Lake and Dover-Foxcroft.

October 13 - 18:
Best week for Peak Color in western and southern Maine This is one of the peak weeks for leaf peeping as peak conditions are coloring Maine hillsides. Visit Fryeburg, Bethel, Rangeley, Mt. Blue, Skowhegan, Farmington, Rumford, north of Portland and the greater Augusta area.

October 20 - 25:
Best week for Peak Color in southern and coastal Maine. Find peak color south of Portland, Sebago Lake region, Bridgton Limerick, Waterboro, Kennebunk, Kennebunkport, Wells and York.

Please note that these dates are typical projections dates and can fluctuate by 2-3 days.

Simple Ways to Save A Downpayment

by Fontaine Family

A Dollar A Day...
That's all it takes to start saving for the downpayment on your new home!

Approximately 60 percent of homebuyers financed their home using a 6 percent – or less – down payment, according to data from the National Association of REALTORS®.
With the most recent median existing-home price clocking in at $258,300, a 6 percent down payment is $15,498.

Here are some simple suggestions from NAR on how potential buyers can cut costs and save for that down payment.

Are you considering buying a home this fall?  We can help you get started! 
Give us a call to get started today! 
One of our talented buyer agents will walk you through the process...step by step.

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

Displaying blog entries 1-10 of 37

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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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