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How Is Real Estate Effected As A Border Town In Maine?

Houlton Maine is parked smack dab on the US - Canadian International boundary border.houlton maine port of entry us border crossing

We have a big new shiny border crossing and Canada has the same just a little up the pike from Uncle Sam's port of entry.

When the loonie, toonie is hurting for buying horsepower, Americans flock to Canada to shop.

When the American dollar is weak in the knees, the Canadians do the same in this direction.

So how does the value of Maine real estate react to the rise and fall of the currency exchange rate?zamboni houlton maine ice rink photo

Depends on the business sector you are in but general the entire areas senses the missing, or reduced Canadian traffic.

In the trickle down economy any small Maine town feels in the circulation of dollars of any kind. 

The parking lots at the big box stores seem lonely, extra spacious.

Less flow of cash into the local small Maine town economy means everyone on this side of the International border tightens the belt a notch or two.

maine tourism buttonThe Canadian and Maine youth ice hockey teams still take turns on each home arena's polished sheet of ice. That cross border traffic  back and forth helps with fill ups of cash, the kids gotta eat ritual. That causes digging deep in the pocket routine depending on the side of the border you happen to be.

But like a teeter totter, the red rover red rover send those strong American dollars over is happening. The pull of the tractor beam. The Canadian marketing luring like the Sirens off the coast into the ears of lashed to the mast, struggling sailors with improper thoughts. To shop til your houlton maine port of entry us border crossing photodrop. Eat, drink and be merry. Because tomorrow the exchange rate is back to normal and gas prices for the fill up head north.

Don't miss out on the blue light special bargains like a Black Friday, Cyber Monday that don't happen every day.

That's what they say over there. Over home.

Honored to be allowed into the "Canada Eh? " group on Active Rain.

Even though I am over here in Maine. The administrator said close enough. Let him in. What the heck. Just told me to behave yourself eh?

There is more to the port of entry, can I see your passport, where you going, where you from question answering story.

Beyond just what you buy or can get a good deal on over in the gateway to the Atlantic Canadian provinces. Read full article on Being A Maine Border Town With Canada Has Its Perks.

I'm Maine REALTOR Andrew Mooers, ME Broker

info@mooersrealty.com | 207.532.6573

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Comment balloon 12 commentsAndrew Mooers | 207.532.6573 • January 28 2016 06:30AM

Comments

Haven't been accross the border for awhile . Is your driver's license enough ?

Posted by Michael J. Perry, Lancaster, PA Relo Specialist (KW Elite ) over 4 years ago

Passport please. Kids with birth certificates work, like on a cruise. Helps if you are from Houlton, sold the guys and gals letting you back into the states a home. you know the people you deal with in small Maine towns. On the Canadian side they ask how that last hockey game came out. Crossed four times a weekend up and down Aroostook County into Canada when two boys played hockey. Back and forth across the border Anything to declare... any fire arms, anything being brought into the country with you..... Video ride to Canada, hop in, you're riding shot gun Michael J. Perry !

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 4 years ago

Another thought provoker Andy. I never thought about how Canadians effect our border towns. Same as in DC I guess. We are hugely dependent upon millions of tourists so when that slows...hotels, restaurants and their staff suffer. Of course having Uncle Sam spend big bucks locally takes the edge off :-)

Posted by Steve and Jan Bachman, Realtors - Northern Virginia (RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax ) over 4 years ago

The cost of hay, potatoes, lumber in Canada is cheap with American dollars. Because of that it hurts the local Maine producer of these and other items.

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 4 years ago

Wow, that's a different take on the economy and how it works...Thanks  for the post and enjoy your day!

Posted by Ernie Steele, Call me, let's get started!!! 717-273-3774 (Berkshire Hathaway HomeServices Homesale Realty) over 4 years ago

Thanks Ernie Steele !

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 4 years ago

Hi Andrew.  It is amazing how the Loonie has increased in value.  A double edged sword.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) over 4 years ago

You got that right... we adjust our marketing when the currency wind changes direction.

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 4 years ago

Good morning Andy. Any idea about how much of Maine's real estate sales are purchased by Canadians?

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) over 4 years ago

Hi Andrew.  We've seen a slowdown here in Florida as well because of the strong value of the dollar.  Good time to buy Canadian vacation homes.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 4 years ago

Joe Petrowsky ... Not as a state but we do keep track of the states, countries we deal with and you would be surprised. Had an Irish home owner have his home sold by us to an English buyer... both buyer and seller from across the puddle. We list owned by Canadian  properties and sell to Canadian buyers lots of lakefront properties.

Gabe Sanders ... I bet you see it too.

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 4 years ago

Andrew, always love your posts on the different towns in your area, and do love the EH! 

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) over 4 years ago

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