My husband and I have started looking for a posssible summer home in Van Buren, Maine. He will be retiring

'cadiennedub...
Home Buyer
04785

in a couple of years. I am following the market trends in your area for a small home such as 04785. I really like what I see in this home, but I'm not ready to purchase at this time. Do you think this trend will continue for awhile? South Louisiana

Answers (2)
Andrew F Mooers
Agent
04730

The Aroostook County price average for median purposes is $80,000 for a home, down from $89,000. What the price average will be when you are ready to buy depends on the supply, economy, your timing of what season to purchase. Lakeshore retirement homes are more costly, harder to find but having a lake for a neighbor is pretty special!

Sat Jul 18 2009, 07:53
Dale W Doughty,...
Mortgage Broker
or Lender

Maine
FIRST ANSWER

I am sure there will be some Realtors chiming in with their opinions. However, my office has noticed a considerable increase in business over the past several months both from purchases and refinancing activity. We have a long way to go but if business continues to improve then it won't be long before prices begin to come back. However, as interest rates move up things may start to slow down again and prices may even drop further. It's hard to say. If only we could all predict the future.

Mon Jun 15 2009, 10:59

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