|
coast of Maine | Here in an area with very poor and scarce farm land and huge demand for affordable homes both which are in short supply,,,I seriously doubt that any decline will ever happen.A slowing of sales maybe.The area is supported by numerous sources ; retirement ,movement in from crime states with many of those with home based employ,state prisons,fishing industry,tourism,small manufacturing,ultra rich gettaways needing care year around care,and all the services for above.Farming and forestry are basically gone..If you are in an area with mono source employment I could see an issue at times in the future.Basically a single wide mobile home on a lot is now 300,000$$ and gone in a week.FIL home is under contract to a couple and family from a city in Utah..wanted the calm life and no crime. | |
|
Land and Home Prices Ahead?
