Maine's 2016 Real Estate Market
Some of the questions we will ask and answer: What will interest rates do? Is now a good time to buy? For whom (first time homeowners vs. empty nesters)? What about flipping, investing, or becoming a landlord? Which communities are hot? What does the market look like in Portland vs. Lewiston-Auburn vs. Midcoast vs. Bangor? What about office space, retail space, and industrial space? Better for business owners to rent or buy? What are those markets doing?
Guests: Michael O'Reilly, President of the Maine Real Estate & Development Association and Vice President at Bangor Savings Bank
Tanya Emery, Director of Economic and Community Development for the City of Bangor
David Marsden, Real Estate Agent (and single family expert, especially in Portland area) with Bean Group