Advertiser Disclosure

advertising disclaimer
Skip to main content
maine

Maine Real Estate Soars as Remote Work and Pandemic Prompt Moves North


Oct 22, 2020 by Marc Rapport

Get our 43-Page Guide to Real Estate Investing Today!

Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real estate investing guide.

I've said for years that what makes Maine so special is that most of us choose to live here. We didn't come here because of a big corporation or because of a job opportunity; we're here for a beautiful coastline, lakes, mountains, fresh air, kind people, and an opportunity to live a life by choice. Folks that have felt this feeling after a vacation week spent here or a childhood filled with going 'upta camp' can now choose Maine full time, and they are!
Because of COVID, April and May sales were down. But June picked up, and July was gangbusters, with nearly 6% more out-of-state buyers than last year. In August, out-of-state sales went up nearly 10%, showing a clear trend of what's happening.

Got $1,000? The 10 Top Investments We’d Make Right Now

Our team of analysts agrees. These 10 real estate plays are the best ways to invest in real estate right now. By signing up to be a member of Real Estate Winners, you’ll get access to our 10 best ideas and new investment ideas every month. Find out how you can get started with Real Estate Winners by clicking here.