These Maine cities are even now hotspots for getaway houses

Maine’s major holiday spots, which include Bethel and Rangeley, are seeing strong demand for 2nd homes, bucking a nationwide trend exhibiting a dramatic fall in buys.

The real estate site Redfin found a lot more than a 50 percent fall in those people seeking to get second households across the region in comparison with pre-pandemic ranges, pushed down by increased interest prices.

But that isn’t the situation in Maine’s holiday places, which are viewing a lot more demand from customers than source of second homes and ongoing higher costs. The state became a safe and sound haven for out-of-state buyers all through the COVID-19 pandemic. Demand for second houses has not abated, real estate brokers stated, with additional Mainers also acquiring property in childhood trip spots.

Rangeley, a bucolic western Maine city of 1,200 in Franklin County, observed a “coronavirus boom” together with the 2020 sale of the Saddleback Mountain ski resort to Boston buyers who upgraded it. Sales carry on at a brisk tempo, reported Jamie Eastlack, co-owner of Morton & Furbish Actual Estate in Rangeley.

“In the past 12 months, we’ve noticed extra new people arrive listed here,” he explained. “The pandemic and Saddleback put Rangeley back on the map.”