Compiled and written by Kate Hodgson, Townsend Real Estate (207)807-1140 The following information highlights trends in the Greater Portland real estate market for April 1st to May 15th, 2013. Market Snapshot: The number of new listings is up 10% The number of properties going under … Read More
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In Q1 2013, the sale of existing single-family properties rose more than 13 percent in April. The 937 homes that were sold throughout the state went for a median sales price of $174,900, representing a 4.14 percent increase from last … Read More
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Cape Elizabeth (known locally as Cape) is a beautiful town on the water’s edge, just south of Portland Maine. Home to some of the most palatial homes in the region, it offers gorgeous views of the Atlantic Ocean from high coastal bluffs. … Read More
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In Maine, sales on single-family homes rose more than 8 percent in the month of March, compared to the same time last year. The median sale price (MSP) also rose significantly, jumping more than 6 percent to $170,000USD. As reported … Read More
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So… you are considering relocating to Maine and you are wondering, “How about that Maine job market”? Well, we have news for you! Portland, South Portland and Biddeford were rated as THE BEST metropolitan region in the entire United States … Read More
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Watch our April 2013 Housing Market Update on Greater Portland and Southern Maine real estate. It’s chock-full of great information for both buyers and sellers and how to navigate the current marketplace. John Herrigel says, “Get your ducks in a row!” to maximize … Read More
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Mid Quarter Real Estate Report for Greater Portland, 2013 Q1 Compiled and written by Kate Hodgson, Townsend Real Estate Current trends: Our current market for Greater Portland real estate can be summarized quickly and easily: supply is low, demand is … Read More
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The winds of change blew across Maine in 2012 with an impressive 17% rise in home sales over the previous year. 2012 ended on a high note with the greatest number of home sales since 2007. Early indicators for 2013 … Read More
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The sale of single-family homes in Maine is up 23.6% percent in November over last year! This increase significantly outpaces the national average of 12.4%, according to the National Association of Realtors. Additionally, the median sale price increased 1.92% from … Read More
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Towards the end of 2012, the Maine real estate market saw considerable growth, up more than 20% between November and December. Reports indicate that 1,058 existing homes were sold, compared to just 856 home sold in November of 2011; that accounts for a 23.6% increase as reported by the Maine Real Estate Information System. While the number of homes sold has grown, the median home price still hovers around $170,000. Read More
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