As Kenneth Roberts never said, the future is trending into Maine real estate.

By Sofia Voltin

“There used to be a saying,” says realtor John Hatcher of The Hatcher Group. “Ten showings, ten days, and no offers? Then the house is overpriced. I think this still holds up, with exceptions if the house is totally singular and unique, or in terrible condition.”

Impatience has streamed through the real estate market for the past three years. A seller’s anxiety may skyrocket if the first weekend passes with no offers in hand. Worries escalate when they’re reminded of when the neighbor’s house sold in less than a day last June. Buyers have been through the wringer, too, and are eager for this market to shift. They’re on the edge of their seats, waiting for prices to drop and the power balance to swing in their favor. Luckily, Maine real estate experts predict the housing market will finally stabilize in 2023, balancing out between buyers and sellers.

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