by Doug Stevenson Bowdoinham Maine | Mar 26, 2025 | Bowdoinham Maine, Doug Stevenson, Real Estate
Buying a home is a major milestone, often accompanied by excitement and a sense of accomplishment. However, many first-time buyers underestimate the full cost of homeownership. Beyond the mortgage payments, a variety of hidden expenses can quickly add up, potentially...
by Doug Stevenson Bowdoinham Maine | Mar 26, 2025 | Bowdoinham Maine, Real Estate
Real estate has long been a favored investment avenue, offering various ways to build wealth. Two of the most popular strategies are flipping houses and owning long-term rental properties. While both can be lucrative, they come with distinct risks, rewards, and...
by Doug Stevenson Bowdoinham Maine | Feb 20, 2025 | Bowdoinham Maine, Doug Stevenson, Real Estate
When it comes to real estate investing, location is one of the most critical factors influencing property value. A desirable neighborhood can significantly impact both the appreciation potential and rental demand of a property. Understanding what makes a location...
by Doug Stevenson Bowdoinham Maine | Feb 20, 2025 | Bowdoinham Maine, Doug Stevenson, Real Estate
Interest rates play a crucial role in real estate investing, influencing mortgage costs, property values, and overall market dynamics. When interest rates rise, borrowing becomes more expensive, reducing affordability for buyers and impacting investor returns....
by Doug Stevenson Bowdoinham Maine | Dec 25, 2024 | Bowdoinham Maine, Doug Stevenson, Real Estate
Deciding whether to rent or buy a home is one of your most significant financial decisions. Both options have advantages and disadvantages, influenced by factors such as your financial situation, lifestyle preferences, and long-term goals. To help you make an informed...
by Doug Stevenson Bowdoinham Maine | Dec 25, 2024 | Bowdoinham Maine, Doug Stevenson, Real Estate
Real estate markets are dynamic, influenced by various economic, social, and political factors. Understanding the concept of real estate market cycles is crucial for buyers and sellers to make informed decisions. These cycles are broadly categorized into four phases:...