Now that we are well into Q2, let's examine what happened in the market during Q1 and what that might mean for the rest of the year. 

Prices are up 5% overall in the Maine residential real estate market, but this number doesn't translate to individual regions. If you are looking to buy in a particular area, make sure to work with a trusted [...]

Portside’s 2025 Market Trends + 2024 Annual Report is here!

Take a look back with us at what 2024 brought us and what’s in store for 2025!

Portside Real Estate Group is proud to announce that their popular Pins For Cure raised over $26,000 for the Maine Cancer Foundation on Thursday, April 25, 2024.

Portside Real Estate Group’s Pins For a Cure made its return after a five-year hiatus. Last held in 2019, this signature Portside Foundation event features a bowling tournament, [...]

As a property owner, preparing for the unexpected is crucial. Floods, in particular, can wreak havoc on your property and finances if you’re not adequately insured. When it comes to flood insurance, there are two primary options: the National Flood Insurance Program (NFIP) and private flood policies. Understanding the [...]

Interest Rates: Expect continued moderation, facilitating more transactions compared to 2023.

Home Prices: Anticipate a 3-5% increase in home prices.

Out-of-State and Second Home Demand: Foresee this segment contributing to 30% of the market.

Growth Areas: The northern and western regions of southern coastal Maine will continue to grow, potentially leading to affordability challenges for [...]

Just Released: Portside’s 2023 Annual Report 

Residential real estate was a hot topic in 2023!  Despite the surge in mortgage rates, home prices continued to rise across Maine. This caused many potential home buyers to slow their searches compared to previous years as their budgets had to be adjusted due to increased interest rates aimed at [...]