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Search the Maine MLS for all Maine properties for sale.

Find Homes for sale, condo’s, land, waterfront, lakeside, mulitfamily, and commercial properties.

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Maine Home Builders Diversify to Survive Slowdown


Builders are finding that their survival in the weak new-home market depends upon creativity. We have seen them branch into interior renovations. High-end custom builders are serving homeowners who have decided to stay put, erecting new decks, sun rooms, trellises, arbors, potting sheds or other structures to make their existing homes more enjoyable. Additionally, some builders now serve as consultants, helping real estate agents identify and fix structural defects that impede home sales.
If you are in need of a good builder or structure consultant, please call Meservier and Associates at 784-2525. I will be happy to offer a few suggestions for the Lewiston-Auburn area, along with surrounding towns.

Households Are Doubling Up During Troubled Times


I was just reviewing some information from “The State of the Nation’s Housing,” a report issued each year by the Joint Center for Housing Studies at Harvard University. It is an overview of the U.S. housing market including analyses of market forces, demographic drivers, rental housing, and challenges for the future.

Something in the report caught my eye: A contributing factor to lower household growth was a drop in household headship rates caused by “doubling up.” In other words, some people were forced into combining households to save money during difficult financial times, possibly due to loss of their home or by foreclosure. Household headship rates for all age groups have also fallen since 2005, especially among those under age 35.

Of course, what is going to happen to headship rates in the future remains uncertain. If economic conditions and the foreclosure crisis do not improve, rates may continue to fall. But given the improved affordability conditions, employed workers may soon form households and thus boost headship rates. In most cases, doubling up is only a temporary solution for people — they will eventually prefer to find their own places to live.

The good news, according to the Joint Center, is that the “echo-boom” generation — those born between 1986 and 2005 — will have a tremendous impact on starter homes over the next 15 years. The echo-boom generation, currently at 80.8 million, is even larger than the baby-boom generation. It is projected to grow to 92.9 million by 2025. Meanwhile, baby boomers will boost demand for senior housing.

For household formation to return to normal rates, improvement in the unemployment rate is critical. One study estimates that if unemployment rates fall by a little more than 2 percentage points by the end of 2012, household formation would increase by about 2 percentage points from current levels by 2012.* That would mean that by 2012, normal rates of household formation should come back — roughly around 1 to 1.5 million new households per year.

More good news? Meservier and Associates is prepared to assist both the boomers and the “echo boomers” with their searches for new homes!

*Gary Painter, “What Happens to Household Formation in a Recession?” (Washington, DC: Research Institute for Housing America, 2010).

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What clients are saying about Meservier & Associates


On every transaction we do we send a client satisfaction survey asking some specific questions and rating our performance on a scale of 1 to 10 then a additional comment section.   When you get perfect a “10″ rating an these for additional comments.  It’s hard not so share them.  Here’s what Scott & Dana Annear from Auburn, Maine had to say about their recent real estate transaction…

We are very pleased with the realty services provided by Sue and her team.  Each person we dealt with was thorough, knowledgeable, efficient and helpful.  Our questions were answers promptly and we felt th eteam had our best interests in mind.  The Meservier Team was superb!

Read what others are also saying at http://www.meservier.com/quotes.asp


Sue Meservier
Meservier & Associates

The Maine Real Estate Network

34 Center Street
Auburn, ME 04210
office: 207-784-2525
email: agent@meservier.com
Sevices Include:
New Homes For Sale in Lewiston Maine
Condos / Condominiums in Lewiston Maine
Relocation Services in Lewiston Maine
New Executive homes in Lewiston Maine
New Maine Town Homes / Houses
New Luxury Homes in Lewiston Maine
Maine Sellers Agent or Listing Agent
Luxury Golf Homes and Communities
New Waterfront in Lewiston Maine
Lewiston Maine Homes For Sale
Real-Estate Buyers Agent in Maine
Maine Retirement Communities
Lewiston Maine-Vacant Land
Maine Waterfront Vacation Rental
Short Sale or Foreclosure?

Did you know 7 out of 10 homeowners don’t reach out for help when they are facing foreclosure?

We are real estate professionals and consumer advocates. It is our job and our privilege to help homeowners understand all of the options available to them so they can make the best possible decision concerning their property and future. We can help! Call us today 207-784-2525

MaineRealEstateShortSales.com

Don’t let Time Run out! Call Meservier & Associates Today For Your Free No Hassle, No Obligation Professional Consultation

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