The pandemic made 2020 a record year for residential real estate, as people flocked to Maine seeking a different kind of lifestyle. Almost every county in the state saw double-digit appreciation. Meanwhile, commercial real estate had highs and lows, depending on the type of business. We’ll discuss what the outlook is for real estate in the year ahead.
Guests
Madeleine Hill, president elect, Maine Association of Realtors
Brit Vitalius, principal, designated broker, Vitalius Real Estate Group; president, Southern Maine Landlord Association
Sarah Johnson, homeowner whose family recently moved to Maine from Massachusetts
Justin Lamontagne, partner, NAI The Dunham Group
Resources
- Maine Group Says Real Estate Will Be In ‘Pretty Good Position’ In 2021
- Maine Real Estate Sales ‘Just Incredible,’ Tracking 7.9% Ahead Of 2019
- Former Maine Economist On How The Pandemic Has Affected The State’s Real Estate Market
- Why Did Maine Home Prices Rise During The Pandemic? A Look At Real Estate Trends
- Out-Of-State Demand Pushes Maine Real Estate Prices Sky High
- Western Maine Is Having A Moment — More People Are Heading To Franklin County And Staying There
- Maine Real Estate Sales Have Cooled, But Agents Say The Market Is Still Competitive
