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Calm_Age3582 t1_j86vxff wrote

Reply to comment by spittingdingo in Maintain the integrity of our town! Preserve Freeport’s charming and historic parking lots! by bitesandcats

This state desperately needs reasonably priced housing for first time homebuyers to sustain population growth and to sustain the workforce. Why people don’t understand this is beyond me. When business owners can’t staff businesses due to lack of staff or have to continue to limit their hours due to lack of staff -because workers can’t live in the area due to lack of housing or can’t afford to commute to their job from where they were able to find housing-maybe it will finally click there’s a problem!

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NotYou007 t1_j884xgl wrote

Maine had that 3 years ago and then Covid happened. I closed on my house almost 3 years ago and it is now worth $100,000 more.

I was the first time home buyer and my house had been on the market for almost 5 months before I made my offer and houses now in my area sit on the market for maybe 3 weeks before they go pending and this is the slow time for the market.

It's going to be really interesting to see what the market looks like come summer but I predict it's not going to get better.

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