The Philadelphia Caller
Philadelphia News, Spots and More 
NEW YORK - As the fall of 2022 comes to a close; it's time to assess the future of real estate in Albany, NY. While the city's rental market is hot now, it could be a different story by 2023. There's a lack of supply, which is keeping demand high. However, the growing number of affluent renters and the growing popularity of remote work may mean that prices will start to moderate.
Massachusetts - The housing market in Worcester is growing at an unprecedented pace, with over $600 million in housing projects completed or under construction. In total, these projects will add over 2,300 new units for rental housing. This new construction will keep the city affordable and exciting for residents. This will make it easier for families to afford housing in Worcester.
NEW YORK - The Long Island housing market is experiencing some slowdown this year, with prices rising but fewer transactions. In addition, the housing shortage limits the number of homes for sale. In July, closed sales fell by 23% compared to July 2013. Median prices remained at record highs.
MAINE - Augusta is one of the best places to buy real estate in the United States. The city's median house price increased by more than 20% over the past three years. The affordability index is one out of 10, making it one of the most affordable markets in the country. The city was named one of the country's best places to live by U.S. News & World Report and is rated highly for its job market, quality of life, and net migration. In addition, its cost of living is nearly 20% lower than the national average, and its climate is humid subtropical.
MAINE - Bangor, Maine, real estate is expected to be competitive in the coming years. Home prices are rising, but not by as much as some predicted. Last month, the median sale price of a home in Bangor, ME, was $239K, up 13.9% from last year. During that time, it took an average of 47 days for homes to sell, compared with 43 days last year. While prices are increasing, the number of homes on the market is decreasing.
MAINE - The Portland, Maine, real estate market has recently experienced a hot and low supply market. Although the city proper is declining in population, Portland's suburbs are seeing strong growth. As a result, prices are rising, and inventory is at historic lows. In addition, mortgage interest rates are rising, likely affecting homebuyer activity.
