The Wealthy Are Bringing Big Money and Luxurious Lodges to Maine’s Lakes

CLEARWOOD TECH AND RACHEL SIEBEN FOR WSJ“On a clear day, you can see the top of Mount Washington,” says Joanne Ricciardiello, peering through a curtain of towering oak and pine trees that surrounds her newly built, roughly 4,300-square-foot home on Maine’s Sebago Lake.She walks down a gravel path to

Mortgage Rates Tick Up to 6.49% but Are Predicted To ‘Trend Down’ This Fall

Realtor.com; Getty Images (1)Mortgage rates inched up, with the average rate for a 30-year fixed home loan going from 6.47% last week to 6.49% for the week ending Aug. 15, according to Freddie Mac.“While rates increased slightly this week, they remain more than half a percent lower than the same tim

Private Island in Maine Hits the Market for Under $5M—but There’s a Catch

Realtor.comA private island in Maine, home to a storied estate, recently landed on the market for just $5 million—but potential buyers might want to think twice before snapping up this isolated oasis.Built in 1914 and owned by the same family for 70 years, the island’s four-bedroom main house offers

I Bought a Beach House in Cape Cod for $395K—It’s About To Fall Into the Ocean but I’m Living My Dream While I Can

Courtesy of Kinlin Grover CompassDavid Moot had always fantasized about owning a beachfront retreat on Cape Cod, but never thought he could afford it—until he stumbled upon a coastal gem listed for just $395,000.At roughly half the median sales price in the area according to recent estimates, the li