The tendency to generalize and have one size fits all, apply does not work with national weather forecasts, the clothing you and I have hanging in the closet.
The same is true with real estate markets. The way they operate and rock, roll.
The higher the price tag hanging off the property listings in a real estate market, the more complicated, layers show up.
Multiple agents, lawyers, financial entities to sign off for the clear to close.
And cue, bring in the home inspectors, appraisers, surveyors and on and on.
But not in a small priced rural real estate market.
Keep it simple still applies in real estate, in life.
Local lending, character loans, mortgages.
Common sense rules the day in a small Maine rural market. And lists of vendors to hire in the eenie meenie miney moe are missing. Because smaller communities know the good, bad and the ugly. Who does a good job, who, well, not so much. Often are related, spend lots of time together. Bump into each other on a daily basis.
Dad is a talented carpenter for decades and checks the structure of the kid's purchase like a skilled surgeon wearing microscopic eyes.
Uncle Bob is nicknamed Sparky for a reason and harnessing power to let their be light is his passion, profession.
He too gives the sticks and bricks a once over turn your head and cough.
The buyer's little league coach, a neighbor down the road examines the plumbing, heating.
It is what he does for a real job to pay the bills.
When not wearing a catcher glove, coaching the team with a weathered Red Sox hat on his bald spot.
Junior saved money and went without everything shiny. To buy a Maine home that he is not going to lose, let go of without a fight to keep the payments, property taxes, insurance, maintenance all current.
Simple living in a small Maine town is like that. More involved, fewer players, the connection stronger between community members who look out for each other. A rewarding home made, pot luck supper unique living experience and not spun, store bought approach to the day to day.
Money is taken out of the game in the 46th lowest state for foreclosure, short sale and repossession properties in Maine.
Lots of bartering, jack of all trades exchanges.
Pride, respect and lower priced listings in Maine mean not mortgaged to the hilt.
Or mortgaged at all happens in Maine.
Don't do debt. Living in genteel proverty and loving it.
So real estate market dynamics that apply for Atlanta, San Francisco, Marco Island or Seatle, Scottsdale don't template apply in small rural Maine.
The approach to living and buying, selling real estate in Maine is kept simple, down to Earth. Not wasting money on services not needed because expertise exists in the small town community for free. And the buyers and sellers are more savvy. Not spinney or helpless, dependent on others for services, guidance, direction.
Heck even within a state, different markets within a housing market exist.
When the average price of a Northern Maine home is under $80,000, the same home in the Southern end of Vacationland is approaching $200,000.
So when you blog about real estate, are you using your indoor what happens in my market voice?
Or shouting it out with the recess voice to give the impression it is like this everywhere in the land? It is not. Make the distinction, call the shots, do the play by play in your own real estate market for accurate reporting.
So the real estate audience realizes this market is vastly different than others that populate the nation. Because of the audience you are talking to, relating with in your real estate blog posts. They want to know how does the real estate market work in your area, not the many other ones they may have lived in and understand crystal clear.