SRE_0720

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14 SAY YOU SAW IT IN SUBURBAN July 20, 2021 – August 23, 2021 MAINE A remodeling fix Pandemic lockdowns and ultra-low mortgage rates helped spur many U.S. homeowners to invest in remodeling their home in 2020, and the trend is expected to strengthen at least into next year, according to researchers at Harvard University. The university’s Joint Center for Housing Studies’ latest leading indicator of remodeling activity, or LIRA, suggests homeowner spending on improvements and repairs will climb to $370 billion by the end of the first quarter of 2022. That would be a 4.8% increase from the $353 billion spent in the January- March quarter this year. Spending on home remodeling surged about 5.7% in the first quarter from a year earlier. The increase followed another round of pandemic stimulus aid from the federal government, which delivered $1,400 direct payments to many Americans. Researchers are predicting homeowners will tackle more costly renovation projects in 2021. If the forecast holds up, the trends should continue benefiting home improvement retailers like Home Depot, whose stock price climbed to an all-time high Monday. U.S. home-improvement spending $400 billion est. Fixer-upper: Many people are using stimulus money to tackle bigger home improvement projects. 350 300 Source: JCHS at Harvard University 250 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q ’19 ’20 ’21 ’22 Alex Veiga; J. Paschke • AP
July 20, 2021 – August 23, 2021 WWW.SUBURBANREALESTATENEWS.COM • 978-532-5880 15 MAINE beangroup Bringing People Home. 323 North Street, Saco, ME 04072 207-282-5000 www.beangroup.com ildings, WELLS/KENNEBUNK/SANFORD - 30 acres Davidson Way, Wells Opportunity Awaits You on this 30+ acres close to the Sanford Airport, Shopping, Turnpike and More. Could be a private family estate, or build 4 or 5 exclusive homes in the Kennebunk and Wells areas of the property. Some Businesses are also allowed. Office Buildings, Storage Buildings, etc. Mousam Lake is just 25 minutes, Wells Beach and the Atlantic Ocean is just 20! Come and take a look! MLS #1462481 $200,000 Call/Text Jane Frankland 207-229-6261 MLS #1462481 $200,000 WATERBORO - 221 Main St, Waterboro Great Opportunity in Waterboro for your new business/es! This area is growing in leaps and bounds and this 1+ acres parcel is zoned for 2 Businesses. There is plenty of room for a drive-thru window to be added to existing building or build to suit your needs. There is ample space for parking, easy access and a great location! Ossipee Lake is just down the road! Check this out and call for an appointment. MLS #1490443 $495,000 Call/Text Jane Frankland 207-229-6261 MLS #1490443 $495,000 HOLLIS - 25 acres Killock Pond Rd, Hollis Nicely wooded 25 acres with over 470 feet of paved road frontage. This acreage is just off Route 35 and near the Poland Spring Bottling Plant. This would be a great place for a private estate with lots of room for a barn or large garage. Nice spot for a daylight walkout basement and is just minutes to Swimming, Fishing, Trails & Shopping. Lots of options here, come and take a look! MLS #1492679 $137,000 Call/Text Jane Frankland 207-229-6261 MLS #1492679 $137,000 BALDWIN - Lot 7 Freemont Woods, Baldwin Be the First to buy in this new Subdivision! Steps to Baldwin's Sand Pond Beach and Boat Launch and just 45 minutes to Portland and the Maine Mall and also to North Conway, NH! Come and see how nice Country Living in Maine can be! Build your new home or order a modular home. No mobile homes. Minimum of 1,000 sq ft of living space above grade required. Come and see this lovely area! MLS #1500322 $49,900 Call/Text Jane Frankland 207-229-6261 MLS #1500322 $49,900
Page 1 and 2: VOL. 48, No. 5 MASSACHUSETTS, MAINE
Page 3 and 4: July 20, 2021 - August 23, 2021 WWW
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