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Presenting Our Fall 2021 E-Newsletter: Are Maine Real Estate Prices Set to Fall?

Legacy Properties Sotheby's International Realty Fall 2021 E-Newsletter

We are pleased to present you with our Fall 2021 edition of our seasonal e-newsletter. In this issue, our President and Owner Chris Lynch provides his expert analysis of the current state of Maine home prices and where they may be trending in the future, along with a selection of our finest homes available for purchase. Please click the image above or here to view it.

A preview of Chris Lynch’s opening letter:

I am sure you have been paying close attention to the real estate market, as it seems everyone is paying more attention to real estate than ever before. Regardless of your areas of interest, most prices are at all-time highs, and Maine real estate is no exception. Maine’s experience has been exaggerated by the fact that we are such a small state by population, and existing housing stock is relatively limited.

The second half of 2020 and the first half of 2021 were characterized by record market performances due to a wave of buyers, many of whom were discovering Maine for the first time and looking to buy a special piece of our coveted lifestyle. There are many factors behind this surge, but Maine’s consistent ranking as one of the safest states in the country with respect to the COVID-19 pandemic is most often cited as a primary reason. Other factors include our gorgeous three-season weather, uncrowded environs, and the abundant Atlantic coastline complete with beaches and rugged rocky cliffs.

Read the rest of his analysis and explore our Maine homes for sale here.