2003 Contracts Mortgage New Listings 
Lamacchia Realty
JANUARY 30, 2024
The attempt to restore equilibrium in interest rates, following their drastic drop in 2020, brought about then of pandemic-induced rates, resulting in a sustained presence of higher monthly mortgage payments. In 2023, there were 16,348 homes placed under contract, representing a decrease of 16.4% Maine Sales Decreased by 18.9%
Will Springer Realtor
MARCH 14, 2023
However, many potential buyers appeared to be in a wait-and-see mode amid a backdrop of rising mortgage rates that usually spell affordability challenges. Notably, there are 185% more listings available today across the Eastside of the county compared with February 2022. each month between 2003 and 2022.)
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