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Volume 1.2- The Maine Newsletter - John Herrigel

Mission

“To Educate and Elaborate on this Great State”

Table of Contents

1. Housing Analysis
2. “From Away”
3. Case Study: 5 year housing appreciation.
4. Commentary
5. Featured…..

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Housing Analysis:

Sold Properties by County (February):

  # Sold Avg. Price Avg. DOM Sold$/List$
Cumberland 253 294K 86 97%
York 155 266K 95 95%
Lincoln 27 260K 97 93%
Sagadohoc 33 198K 114 97%

Total Housing Inventories and Net Change by County:

  3/1/06 1/16/06 Net Change
Cumberland 2425 2322 103
York 2252 2140 112
Lincoln 522 520 2
Sagadahoc 273 284 -11

“From Away”

Keeping One Foot in Maine
It's a longtime Maine tradition to live here at least part of the year, and work somewhere else. But today that tradition is taking on a new twist…Read More

Case Study: Average Home Value Appreciation 2000-2005

Where would you have gotten the most bang for you buck?

Cape Elizabeth 75%

Scarborough 69%

Intown - Portland 92%

Deering – Portland 81%

Gorham 73%

Windham 75%

Buxton 98%

Commentary:

With cold winter temps coming at the end of the season, high energy and oil costs have been difficult to cope with. Inventories have remained stable and the spring market approaches which will bring with it many new homes to the market and more buyers who have been waiting out the winter months. Look for increased activity on all fronts.

Featured….

Word : Mainehole

Definition: Somebody who is from Maine and who drives as thoughtlessly and rudely as a Masshole while venturing in another New England state.

Maine Company: Bath Iron Works

-Building our next generation of ships. Bath Iron Works today is the lead designer and builder of the ARLEIGH BURKE Class AEGIS guided missile destroyer, the most technologically advanced surface combatant in the world. Visit: www.gdbiw.com

Site to Visit:www.FoodinPortland.com

Excellent resource for dining in Portland.

Place to See: Popham Beach

A spectacular State Park located in Phippsburg.

http://www.state.me.us/cgi-bin/doc/parks/find_one_name.pl?park_id=22

Restaurant: Becky's Diner

Located in Portland on Commercial Street. A classic Maine diner close to it all and serving excellent breakfast and lunch cuisine. Ph: 207-773-7070

 

All information contained herein is deemed accurate when facts are stated. All opinions are that of the author. We apologize for any inaccuracies, offenses or misrepresentations

 

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Thanks for reading.
Next Issue: Early April

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**All housing data has been derived from the Maine IDX MREIS System