Biddeford & Saco Real Estate

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Biddeford & Saco Real Estate This page is dedicated to Biddeford and Saco area This page is all about the housing market in Saco and Biddeford.

2022 Moving Trends Report: Where are Americans moving right now, which was published in November 2022, Maine ranks in the top 10 with Portland ranking 3rd as to the most desirable locations to move to.

Alright, Southern Maine! Scott Thibeau here, your no-nonsense realtor with eXp Realty. 🌲🏡In a world where real estate pr...
08/20/2024

Alright, Southern Maine! Scott Thibeau here, your no-nonsense realtor with eXp Realty. 🌲🏡

In a world where real estate prices are climbing and competition is fierce, how do you snag a property for less than its appraised value? Let me share five success stories that prove it’s possible!

🔑 Market Insight: Knowing the market is key. I’ve spent years digging into Maine’s trends, and that knowledge helps me spot undervalued properties in neighborhoods on the rise.

🤝 Negotiation Tactics: It’s not just about the price—it’s about timing, terms, and understanding the seller’s needs. I’ve secured deals with solid, lower offers by making the terms irresistible.

💎 Spotting Potential: Not every home is a polished gem. I’ve helped clients find the diamonds in the rough, negotiate lower prices, and turn those properties into instant equity builders.

🔍 Off-Market Finds: The best deals aren’t always on Zillow. Through my network, I’ve found off-market properties where sellers are more flexible on price. No competition, no problem!

💸 Financing and Appraisal: By working with local lenders who understand the Maine market, I’ve ensured appraisals come in just right, giving us the leverage to secure deals below appraised value.

Want to know how these strategies could work for you? Let’s chat. I’m here to help you navigate the market and find that hidden gem. Curious? Reach out, and let’s make your real estate dreams a reality!

Check out my Blog on it here

https://scottthibeau.exprealty.com/blog.php

🌟 A Journey of Growth and Persistence 🌟Back in June 2023, I set out on an exciting journey to create my own YouTube chan...
08/14/2024

🌟 A Journey of Growth and Persistence 🌟

Back in June 2023, I set out on an exciting journey to create my own YouTube channel, focused on the real estate industry in Maine and how I uniquely assist buyers and sellers in navigating one of the largest and most stressful financial decisions of their lives.

The beginning was tough—I felt like everything had to be perfect. But I kept pushing forward. Fast forward to today, and I’m now receiving messages from people all over the globe (and right here in Maine) seeking my help. Just the other day, I received a badge recognizing the number of views I’ve gained, and my subscriber count is now growing by the hundreds each week.

I’m sharing this not to boast, but to inspire anyone who might be struggling with self-doubt or perfectionism. Keep moving forward, don’t give up, and believe in yourself. Success will follow.

I still have a long way to go to reach my personal and professional goals, but I’m grateful for every step of the journey. If you want to learn more about me or my channel, check it out here: https://www.youtube.com/

📊 July 2024 Market Update for S**o, Maine 📊🏠 Market Type: Seller's Market💰 Median Home Value: $547,740📈 Monthly Change: ...
08/06/2024

📊 July 2024 Market Update for S**o, Maine 📊

🏠 Market Type: Seller's Market

💰 Median Home Value: $547,740
📈 Monthly Change: +0.7%
📆 Yearly Change: +3.6%

Key Market Details:

Months of Inventory: 2.60 (up from 1.52 last month)
List to Sold Price Ratio: 101.8% (down from 102.8% last month)
Average Days on Market: 15 (down from 25 last month)
Number of Sold Listings: 15 (down from 21 last month)
Median Sold Price: $550,000 (down from $630,000 last month)
Number of Active Listings: 39 (up from 32 last month)
Summary:
S**o's real estate market continues to favor sellers with increasing home values and quick sales. Despite a slight dip in the list to sold price ratio and median sold price, the market remains strong with a high demand for properties.

Insights:

Competitive Market: Homes are selling fast, so be prepared to act quickly.
Increased Inventory: More active listings this month provide buyers with more options.
For more information or to schedule a viewing, contact me today! 📞 207-831-4454

**oME

📊 July 2024 Market Trend Report: Biddeford, Maine 📊🏠 Market Type: Seller's Market💰 Median Home Value: $497,510📈 Monthly ...
08/06/2024

📊 July 2024 Market Trend Report: Biddeford, Maine 📊

🏠 Market Type: Seller's Market

💰 Median Home Value: $497,510
📈 Monthly Change: +0.7%
📆 Yearly Change: +11.5%

Key Market Details:

📉 Months of Inventory: 2.07
💲 List to Sold Price Ratio: 101%
🏘️ Active Listings: 31
🏡 Sold Listings: 15
💵 Median Sold Price: $545,000
⏳ Average Days on Market: 24
Comparative Analysis (June 2024):
Months of Inventory: 3.13
List to Sold Price Ratio: 98.7%
Active Listings: 40
Sold Listings: 8
Median Sold Price: $528,500
Average Days on Market: 25
Summary:
Biddeford is a hot seller's market! With rising home values and fast sales, now's the time to make your move. 🏃‍♂️💨 Act fast, stay competitive, and secure your dream home!

For more info or to schedule a viewing, DM us or call [Your Contact Information] 📲

08/05/2024

Effective August 17th, the Multiple Listing Service will no longer permit sellers and listing agents to advertise a broker buyer commission. Sellers should be aware that whatever percentage they negotiate with their Realtor to sell their house will not include any portion for a buyer broker, as per the NAR settlement. Consequently, buyers are likely to request concessions when submitting an offer. Ensure you understand that the percentage agreed upon with the listing agent does not cover a fee for the buyer broker.

It’s not easy. Discipline, dedication and great partners.
11/20/2023

It’s not easy. Discipline, dedication and great partners.

08/02/2022

Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand modera...

06/15/2022

If you're following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know.

05/19/2022

A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value.

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