Not All Real Estate Markets Operate The Same.

By
Real Estate Agent with MOOERS REALTY ME Broker License 106759

Online you read statements, reports about the real estate market across the land.

Giving the impression it's pretty much carbon copy everywhere you go. When checking in on the properties that are listed and sold in any particular real estate market. Then drawing the conclusion that it is the same as you hop around to any new market. Sweeping, generalization statements are all over the media streams for the one size fits all. maine lobster photo

Well, like the weather forecast overhead where you are following this real estate blog post today.

That won't work in every other location, real estate markets run differently too.

Like most things in life it depends.

Change happens in the black and white absolutes that turn many shades of gray. The property for sale is a fixed position asset.

We wil have a seller ask often how can I make this property worth more? Sometimes the answer is move it to Southern Maine. Or higher priced markets like Newport Rhode Island, Boca Raton Florida, Scottsdale Arizona, Weston Connecticut or Falmouth Foreside Maine. Remember the three L's of location thrice. That also tie in with the three T's.

Timing, timing, timing. To be in a position to buy no matter what the property price tag reads today. It is all about your timing, being ready, willing and able to buy today. Otherwise browse all you want. But you're not in a position to buy anything todaywelcome to maine photo

Some real estate markets are bright and sunny. Others dragging and bogged down.

Not every real estate market spikes way high into nose bleed price tag sections in the housing bleachers. And then roller coaster to new how low can she go limbo style. property listings truck for maine real estate photo

Because real estate markets rise and fall with the supply and demand levels that fluctuate.

The economic factors that are happening around the property listings with the sign nailed to a street.

Or speared in the ground out front the what's for sale today don't stay the same.

A real estate market has many parts too. In small rural areas, there are homes for sale with a variety of price tags to chose from if shopping for house. But land in Maine only for building or investing is shoulder to shoulder with the current what's for sale collection of property listings in Maine.

Small mom and pop business listings, hobby and commercial farms, rental units for housing and business along with waterfront camps or homes. Those all are on the MLS carousel of pick a flavor of real estate you need today when a buyer in the mood. And the timing is right to find something that fits for a property listing. maine map photo

Owner financing for a property listing helps a sale get to a closing quicker.

To side step the bank mortgage lending routine.

Realistic properties sell quicker than listings that should never have been put on the market because of just too dang high for buyers to swallow.

Title problems with the real estate can put a temporary or permanent halt to the property listing sale.

So thinking about how's the weather and knowing the current conditions where you live don't work for every other location.

Or clothing where one size does not fit all folks. They don't stay the same.

Put down your whip and chair. Take off the top hat. Real estate markets, no two behave the same. Can not be tamed but need to be understood.

And sellers, buyers need a professional to explain which way the wind blows. To know where we are now and what's up ahead based on experience with past markets that show a pattern. To help buying and selling, trading Maine real estate property listings today.

Here's an article of what to do when moving, a check list for sellers. Thinking of selling, here to help. Reach out, connect, or follow us online around the social media circles. Key word "mooersrealty".

Like us on Facebook. Listen, watch our work on Youtube.

I'm Maine REALTOR Andrew Mooers, ME Broker

 

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Show All Comments
Rainmaker
3,816,915
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Andrew Mooers ,

Love..love...love this post! You are so right no two real estate markets are alike..it always depends! Every real estate market has so many moving parts..it takes a local expert to analyze and give you the straight scoop! You are definitely that person in Maine!!

Jan 09, 2016 11:07 PM #1
Rainmaker
1,945,937
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Thank you Dorie Dillard ... The market does not stand still. Lots of myths about winter being a season real estate does not sell. Life waits for no one. Estate sales have to happen. New relocated employees need to report to work and have a house where you list and peddle them right?

Jan 09, 2016 11:10 PM #2
Rainmaker
2,020,522
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Andrew Mooers - You have such a polished and professional marketing style. Love that truck too! I'm of the opinion everyone in Houlton knows your name!!!

Jan 09, 2016 11:20 PM #3
Rainmaker
1,792,871
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

So true Andrew Mooers and I shudder at all these posts being put up about the booming markets...like you say it is location & indeed jobs...great share!

Jan 09, 2016 11:23 PM #4
Rainmaker
3,133,850
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information....we do not see much in seller financing here though

Jan 09, 2016 11:35 PM #5
Rainmaker
175,264
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

Good informative blog.  I agree.  I dont know any other market(s) other than the residential real estate market here in Tucson, AZ.

Jan 09, 2016 11:42 PM #6
Rainmaker
2,455,944
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

This man can not only point the way, but lead you there. Live Real Estate here

Jan 10, 2016 12:19 AM #7
Rainmaker
1,945,937
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Patricia Feager, MBA, GRI, Cert Negotiations Expert, Military Relo Prof ... Thank you. Everyone should be glad they live where they do and it should show, be transparent.

Ginny Gorman ... Every blog posts, news article should disclaim "in my area, corner of the world the real estate market right now is blah blah blah... " tell it like it is. But don't smooth it over to apply everywhere.

Spirit Messingham ... Been to Tuscon, have a good friend there and you are right. I would not begin to flap my gums, the chops or open my pie hole about your real estate market.

Richie Alan Naggar ... Local. Be the local cub reporter on what's happening in your corner of the globe.

Jan 10, 2016 12:28 AM #8
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Andrew.  No whips and chains.  Get off the chair.  Your no fun at all.

Jan 10, 2016 01:00 AM #9
Rainmaker
1,945,937
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Conrad Allen ... The lion tamer with the top hat and the whip, chair and in the big top was the connection to make... 

Jan 10, 2016 03:14 AM #10
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

I know but you told us to get rid if them.  How am I going to join the circus?

Jan 10, 2016 03:33 AM #11
Rainmaker
2,783,258
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Andrew Mooers Very true! Real estate markets does not operate the same.

Jan 10, 2016 07:48 AM #12
Rainmaker
1,945,937
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

John Pusa .. Correct a mongo. There are markets within the market and like playing Fish, there are times of a big over supply of this kind, or oh oh. Skimpy, out or low of this section. Supply and demand. There are only two reasons property listings do or don't sell. Price, marketing when it gets boiled down to what really matters beyond the color, whether you bake brownies or not, etc.

Jan 10, 2016 10:31 PM #13
Rainmaker
2,257,153
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Andy. I can tell you first hand that you are absolutely correct. I do mortgages in 8 states, they are all different, especially when it comes to the costs.

Jan 11, 2016 11:16 PM #14
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Rainmaker
1,945,937

Andrew Mooers | 207.532.6573

Northern Maine Real Estate-Aroostook County Broker
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