Friday, December 15, 2023

Real Estate: Thank you AARP for ranking Portland, Maine #1

By Lisa DiBiase

As Portland ranks number one, understand how Realtors® matter while we grow as a community.

Maine's largest city finished with a livability score of 68 based on our mid-sized population between 25,000 to 99,999. That trounced the national average of 48, putting Portland in the top half of all communities in the United States.

The rankings are based on a methodology created by the AARP (**see below) to try and best represent each municipality. Scored categories include housing, neighborhoods, transportation, environment, health, engagement, and opportunity. Portland's highest score came in engagement. The city was praised for its inclusion, high voting percentage, internet availability, as well as community events and outreach. The city also scored well in transportation. Portland got high marks on its walkability, bike lanes, and bus system.

Some of the lower scores came in categories one would expect. Housing availability was easily one of the lowest scores. That's been an ongoing issue in Portland for what seems like decades now. Another low score came in the opportunity category. Maine has a lower number of high-paying positions compared to other states. It's also one of the oldest states in the country, which negatively affects the job force. However, even with a few lower scores, Portland still averages out on top.

As housing availability has been an ongoing issue in Portland, it also continues to be a statewide issue. The demand for housing, coupled with factors such as limited housing supply, rising construction costs, and economic dynamics, contribute to the issue.

As dedicated Realtors® and leader of our local board association, The Greater Portland Board of Realtors®, we consistently focus on tackling housing challenges by closely monitoring legislative developments. This entails staying informed about policies, such as zoning reforms, heightened housing development, initiatives for affordable housing, and backing sustainable urban planning efforts. Additionally, economic factors, population growth, and regional development trends can impact housing markets.

In our unwavering commitment to addressing the pressing housing challenges faced by our community, we are committed to the highest level of professionalism to our clients. This level of professionalism to our clients extends far beyond the conventional standards. It includes a comprehensive and personalized approach aimed at ensuring that every client receives not only exceptional service but an experience that is tailored to meet their real estate needs and aspirations. We bring in-depth market knowledge to the table. We stay abreast of current market trends, property values, and neighborhood dynamics. This expertise allows us to guide our clients through the intricacies of the real estate landscape, offering valuable insights to aid them in making sound decisions.

Ultimately, Portland's ranking is not just a title; it's an invitation to forge ahead with determination and creativity, fostering a community where housing challenges are met with resilience and innovation. Ask your local favorite Realtor® what actions and steps they are taking to stay current with our needs as a community. Your voice is pivotal; without it, our ability to effect positive change is limited.

As I have said before, please call a local Realtor® for all your real estate needs no matter how big or small. We are trained professionals here to make your life easier. It's best to surround yourself with the right team of professionals that can continuously give you the right advice for all your circumstances.<

Lisa DiBiase is the 2023 President for the Greater Portland Board of Realtors®. As the Broker/Owner of Landing Real Estate, she and her company represent buyers and sellers in the Greater Portland area. For all your real estate needs contact by email lisa@landinghomesmaine.com or phone 207-653-0823.

**AARP created the AARP Livability™ platform as a first of its kind, data-driven, web-based tool that measures every community and neighborhood in the US for the key amenities and services that affect the quality of life for people of all ages in the areas of Housing, Transportation, Neighborhood, Health, Environment, social and civic Engagement, and educational and economic Opportunity.

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