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Badger Peabody & Smith Blog

March
27

Kezar LakeWhile it still doesn't quite feel like spring, the spring real estate market is already well underway. And with the peak season for housing in full swing, it's an opportune time for buyers and sellers to make a move.

The timing is particularly ideal for anyone considering purchasing a waterfront home on Conway Lake, Ossipee Lake, Kezar Lake or Silver Lake, and Saco River… just to name a few.

Here's why:

Move in by summer

While both the Mountain Washington Valley and western Maine offer year 'round enjoyment, there's no better time to experience waterfront locales than summer.

From picturesque beaches and outdoor concerts to breweries and shopping, there are endless possibilities for relaxation, recreation and fun for all ages.

Buying a home this spring ensures you'll be settled in for all the exciting warm weather activities ahead.

Spring market is hot

Spring tends to be the busiest time of year for housing, and the markets are heating. In fact, we're seeing many listings with multiple offers start to move off the market, and lower price points continue to sell quickly.

With a strong transaction climate, there are opportunities for home buyers and sellers alike.

Interest rates are still low…for now

While mortgage interest rates are on the rise, they remain low by historical standards. Buyers still have an opportunity to get a mortgage in the 4% range, which is a steal (Throughout the 1990s rates were in the 7% to 8% range, and in the 1970s and '80s they were double digits).

If you're thinking about making a purchase this spring, give us a call (603)356-5757.  

Search for Property online at www.BadgerRealty.com

 

 Featured Photo:  Sunset Ridge Road, Lovell, ME 04016

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