If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10…

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In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams. Below are five things to keep in mind…

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If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than later.

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Ribbons shaped to represent a graph

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and down payment assistance programs are causing…

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Cardboard-cut houses lined up

6 Simple Graphs Proving This Is Nothing Like Last Time Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was…

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Portico Realty

Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say about the housing market and how it will…

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Portico Realty

Here at Portico Realty we specialize in helping families downsize. In fact, owner Norma Dowling is a Seniors Real Estate Specialist® (SRES®) who has assisted many through the downsizing process. Feel free to reach out to us or by emailing  info@porticorealty.net. Maybe your kids have moved out in the past few years or you’re planning to retire in the near future.…

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Portico Realty

Have you considered relocating to southern Maine or New Hampshire? Maybe you’re starting a new career in the Northeast or downsizing now that the kids are grown and moved out. Either way, there are lots of resources available to guide you.  You can learn more about community planning and events with our helpful links page. We’ve collected…

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Portico Realty

1. Find an experienced Buyers Agent – Like us! Why use a Realtor?  On the average people using a professional to purchase a home find one that meets their criteria in less time, pay less money, and receive assistance to get over any bumps in the road. Why use a Buyers Agent? Having one Realtor who looks out for…

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