Shannon Richards 1/8/25 Shannon Richards 1/8/25

APPLE NEWS: Shannon Richards Adds a Creative Flair to the Lifecycle of homeownership

Apple News: Shannon Richards Adds a Creative Flair to the Lifecycle of Home Ownership

The design, construction, and real estate sectors often operate in silos. Shannon Richards has crafted a dynamic intersection where these industries thrive together. As the founder of Hay Runner, a Maine-based firm launched in 2018, Richards brings a holistic approach to the life cycle of homeownership while empowering home buyers, sellers, remodelers, and investors to achieve their property dreams. – gritdaily.com

shannon richards 8/30/24 shannon richards 8/30/24

Economic Update Summer 2024

The Maine Market breaks $400,000 on average for a single family for the first time in history.

It’s a juicy time to be in business… or to be the average Joe.

Mortgage Interest rates holding at over 7% for the average home buyer, which is low looking over 30 years, but feels catastrophic given the last few annual cycles. Rates are even higher if you want to finance a second home or a business.

Despite this fact, the average cost of a Maine home has crested $400,000 for the first time. Ever! The average home in Maine is selling 5% higher than last year at this time.