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Blog Details for "Maine Real Estate Information Blog"
Maine Real Estate Information BlogMaine Real Estate Information BlogMaine real estate information including newsletter, mortgage tips, client materials, buyer and seller tips as well as listings for sale. One of Maine's fastest growing real estate teams. Articles
Maine Real Estate April Home Sales
2008-06-03 15:22:00 In a press release to the Maine media today, MREIS reports that April home sales in Maine picked up from March, but were still below figures from last year.  A total of 708 homes sold in April 2008 compared with 650 in March 2008. MREIS reports a 23.13% drop in sales of single-family existing homes comparing April 2008 to April 2007. According to MREIS, 708 homes were sold during the month of April 2008, down from 921 homes in April of last year. The median sales price (MSP) decreased 11.34% to $178,200, down from April 2007’s MSP of $201,000. The median sales price indicates that half of the homes were sold for more and half sold for less. The complete press release, including county level statistics for a rolling three month period, are posted at http://www.mainerealtors.com More About: Estate , Real Estate , Sales , Home
Maine Real Estate 2008 - Foreclosures On The Increase
2008-05-14 21:21:00 In an article by MaineBiz.biz, Foreclosure filings in Maine increased 178% in April over the same month last year, according to data released today by RealtyTrac, a California-based firm that tracks the U.S. foreclosure market. In April, there were 314 foreclosure filings in Maine, up 60% from March and 178% from April ... More About: Estate , Real Estate , Foreclosures , Mortgage
Internet Real Estate Buyer Statistics Compiled BY C.A.R? - A Maine Real Est
2008-05-12 18:56:00 The California Association of REALTORS has compiled this data in 2007. My questions to the current real estate buyer is this… How does this data compare to your current online real estate experience? Do you feel these numbers accuratley reflect buyers in all states or just CA? According to CAR… 81% of Internet buyers stay with the first real estate agent ... More About: Estate , Real Estate , Buyer , Statistics
Maine Real Estate Notable Statistics For 2008
2008-05-06 15:38:00 It’s been a few months since the data entry of ”Buyers Previous Zip Code” was added to the MREIS database for sold listings. For all property types, statistics show that in that time period 74% of buyers are already in Maine , 25% are from out of state, and less than 1% are International. Buyers from MA ... More About: Estate , Real Estate , Statistics , Real
Maine Real Estate March Home Sales - By The Numbers
2008-04-26 19:56:00 SOUTH PORTLAND (April 23, 2008) - In a press release to the Maine media today, MREIS reports that Maine’s statewide median home price decreased 3.35% since last March, to $188,000. Unit sales decreased 28.41% in that same time period. Nationally, single-family home sales decreased 18.4% in March, and the national median sales price decreased 8.3%. Continued cold ... More About: Estate , Real Estate , Sales , Home , Numbers
Maine Real Estate - Rents continue to climb while home prices drop
2008-04-21 19:47:00 Now is the time to buy! According to an April 14 article on Real tytimes.com, “The first quarter of 2008 makes the 24th consecutive quarter that rental prices have escalated nationwide.” Click here to read the rest of the article, “Realty Viewpoint: If You Think You’re Saving Money Renting…Think Again.” While Your First ... More About: Estate , Real Estate , Home , Buyers
HOMEOWNERSHIP TAX CREDIT MAKES PROGRESS
2008-04-18 15:06:00 This just in from the Maine Association of REALTORS: National Association of REALTORS reports House and Senate lawmakers are moving quickly on a tax incentive to help stimulate housing markets. In the Senate, legislation would create a $7,000 tax credit, taken over two years, for individuals who purchase a foreclosed property as a principal residence between ... More About: Credit , Foreclosure , Mortgage , Progress , Buyers
New Media Campaign By The Maine Association Of Realtors
2008-04-15 17:45:00 Watch this new video released by the Maine Association of Realtors for the “Your Piece Of Maine” social campaign. It will be aired on cable television channels as well as on YouTube and Facebook. What do you think? More About: Media , Campaign , Commercials , New Media
4 Facts About Maine Real Estate
2008-04-15 17:31:00 The Maine Association of Realtors has prepared a “4 Facts about Maine Real Estate ” to respond to common consumer questions or concerns about buying real estate. 1. All Markets are local 2. Another word for real estate is home 3. There is available mortgage money 4. It?s still the greatest source of wealth-building 1. All Markets are local. Yes, there ... More About: Real Estate , Investment , Mortgage
New Maine Real Estate MLS Home Listings Search More User Friendly
2008-04-12 23:15:00 Okay, Let’s face it, when you have to register on a website just to see the Maine MLS properties for sale, you just as well back out and go to another web site without all those hassles, OR, you just fill in the blanks with false information to get to the results page. Now, thanks in part to ... More About: Estate , Real Estate , Home , Search , Listings
Staging Your Home To Sell Pays Off
2008-04-12 22:50:00 In today?s buyer?s market it?s more important than ever that sellers stag their homes to sell. With more and more properties going on the market for sale, buyers make decisions on which homes to view based on the overall condition and a marketable list price. The market is what I like to call a pricing ... More About: Home , Sell , Pays , Sellers , Staging
Spring Market In Maine Will See Many Opportunities For Buyers
2008-04-12 22:48:00 The upcoming spring real estate market in Maine will certainly bring great opportunities to Maine buyers. Interest rates are expected to stay very competitive and the inventory and selection of properties available for prospective home buyers is at the best it?s been in several years. When the national news media reports on the overall national market they refer to ... More About: Market , Spring , Opportunities , Buyers
Understanding Maine Real Estate Agent Licensing
2008-04-12 22:46:00 In Maine, real estate licensees can hold 3 different types of licenses. The entry level licensee will have a Sales Agent license which is temporary. During this two year licensing period agents must practice full time and complete additional course requirements. At the end of this two year temporary period Sales Agents must take and ... More About: Estate , Real Estate , Real Estate Agent , Licensing
Today?s Maine Real Estate Consumer and Maine MLS Access
2008-04-12 22:44:00 The internet has changed how buyers and sellers find Maine homes for sale and Maine real estate agents. With recent changes to the Maine MLS interface all agents now have the ability to offer buyers and sellers a pubic access point to all properties for sale in Maine. Over 80 percent of today?s real estate buyers ... More About: Estate , Real Estate , Consumer , Today , Access
Maine?s Personal Income Increased In 2007
2008-04-01 19:11:00 Maine’s per capita personal income increased 5.1% last year, to $33,722, according to prelimiary data released last week by the U.S. Bureau of Economic Analysis. Here’s a look at per capita personal income growth in the rest of New England, ranked by percent change. 2006 2007 Percent change Rank of percent change Connecticut $50,762 $54,117 6.6% 4 Massachusetts $46,299 $49,082 6.0% 8 Rhode Island $37,523 $39,463 5.2% 23 Vermont $34,871 $36,670 5.2% 25 Maine $32,095 $33,722 5.1% 27 New Hampshire $39,753 $41,512 4.4% 39 New England $44,327 $46,948 5.9% 2 of 8 regions United States $36,714 $38,611 5.2% N/A Source: U.S. Bureau of ... More About: Personal , Income , Maine
Maine Home Sales Down In February 2008
2008-03-26 19:02:00 Unfortunately for sellers, the news isn?t great, and the numbers don?t lie. The good news is that the market is great for buyers! While inventory levels are very high, and interest rates remain low, with home prices having dipped slightly, more sellers are willing to make some concessions which make this the ideal ... More About: Sales , Home , Maine , February 2008 , February
Litchfield Maine Equestrian Center For Sale
2008-03-07 15:39:00 Just listed this week is a 25 acre equestrian property named “Upper Pond Stables”, located at 147 Upper Pond Road Litchfield Maine . The asking price is $549,000.00 and a website for the offering is located at www.MaineHorseProperty.com. Please visit the website for the status of the listing. What a great time to BUY! The stables has its own website which ... More About: For Sale , Listings , Sale , Center
New Maine State Housing Program Offers More Mortgage Options To Maine Borro
2008-03-07 15:19:00 Effective March 3, the Maine State Housing Authority is offering more mortgage options to homebuyers using their mortgage program. Options include a choice of 0 or 2 points, and a 30 or 40 year mortgage term. These new options join other recent program changes that include expanding the program to veterans and active duty military ... More About: Mortgage , Offers
Maine Real Estate Buyers And Investors - A Call To Action!
2008-03-04 19:53:00 Maine real estate Buyers and Investors?.Today?s market plays to your advantage, you should be swooping in to make the most of reduced housing costs and favorable interest rates, instead of waiting. When the market turns, today’s bargains will be yesterday’s missed opportunities. While it is conceivable that home prices may drop further, it is likely that ... More About: Estate , Action , Real Estate , Real , Call
Real Estate Sales Drop In January For Maine Housing
2008-02-27 20:09:00 Keller Williams Realty Mid Maine - 34 Center Street Auburn, Maine 04210. Sales of single-family homes fell 28% last month compared to January 2007, according to the Maine Association of Realtors. In January 2007, 688 homes were sold in Maine compared to just 495 last month. The median sales price for homes sold in January also ... More About: Press Release , Estate , Real Estate
Maine Real Estate Market Report For January 2008
2008-02-25 22:18:00 PRESS RELEASE: In a press release to the Maine media today, MREIS reports single-family real estate sales decreased over 28% during January 2008, compared with January 2007, with a total of 495 homes being sold. Statewide median sales prices for those homes dipped just over 2% to a median sales price of $185,000. The median ... More About: Press Release , Estate , Real Estate , Real Estate Market , Market
Maine - The Week In Review For February 22, 2008
2008-02-25 22:14:00 The good: The University of Maine ?s Advanced Engineered Wood Composites Center in Orono this week unveiled a new composite-coated, blast-resistant building, which the U.S. military has reportedly shown much interest. The bad: Maine?s 2007 lobster catch dropped 23% from the previous year, according to preliminary numbers released this week by the state?s Department of Marine Resources. ... More About: Review , Week , February , 2008
Western Maine Ski Resort Goes Up For Sale
2008-02-25 22:13:00 Mt. Abram, a ski area in Greenwood, is up for sale with a price tag of $1.8 million.The 44-trail ski mountain went up for sale last month with no publicity, the Portland Press Herald reported. “We think the time is right,” Mt. Abram owner Josh Burns told the paper. “We?ve done a lot to the ... More About: For Sale , Sale , Western , Resort , Maine
Is The Maine Lobstah In Hot Water?
2008-02-20 20:11:00 These Articles came out in today’s Maine biz.biz “The Daily”. Lobster catches fall in 2007 The amount of lobster caught in Maine in 2007 dropped nearly 23% from the previous year. Preliminary numbers released yesterday by the state?s Department of Marine Resources show that Maine lobstermen landed 56 million pounds of lobster last year, with a total value of ... More About: Water
?At Home In Maine? - A New Exhibit At The Maine State Museum
2008-02-19 01:56:00 “AT HOME IN MAINE”: Today’s Kennebec Journal reports the Maine State Museum is creating a permanent exhibit “At Home in Maine” depicting the decorative arts in a series of rooms set up to represent different decades from the 1880s to 1966. The print article (but not online) includes a request for items needed to complete ... More About: Exhibit
Gary Keller Shares His Vision At Family Reunion 2008
2008-02-19 01:14:00 Real Estate at the Crossroads: Choosing to Thrive Recapping the shift in the real estate market at Family Reunion , Gary Keller urged attendees to seize the current market to their advantage. Keller explained that the 10-year run-up in real estate that began in the early 1990s, led to an environment in which homes were no longer ... More About: Shares , Vision
Maine 2008 Economic Stimulus Package Proposal Passed
2008-02-17 04:20:00 ECONOMIC STIMULUS: NAR applauds the Economic Stimulus package passed by the U.S. Senate last night which includes important provisions that will temporarily raise the FHA loan limits.NAR developed estimates of the temporary FHA and GSE single-family loan limits based on HUD’s existing FHA loan limits. Per the economic stimulus measure, HUD is required to publish ... More About: Proposal , Package , Maine , 2008
Maine State Housing February 2008 Updates
2008-02-17 04:16:00 MSHA NEWS: The Maine State Housing Authority (MSHA) provides these notable updates - a) for the month of February 2008 their First Home Rate remains 4.95% and Maine Assist at 5.25%; b) beginning March 3, MSHA will offer 0 point, 2 point and 40-year term options. The current 3 seller point requirement will be discontinued. ... More About: Updates
Lewiston Maine?s Super-Bowl Saturday Fundraiser
2008-02-17 04:06:00 The Lewiston Education Fund (LEF), of Lewiston Maine held its 3rd Annual Super Bowl ing Saturday , on Feb. 2nd at SpareTime Recreation Center, Lewiston. Thanks to the generous sponsors and team members, almost $6000 was raised in this year?s event, nearly twice as much as the 2007 event, and over three times as much as 2006 event! ... More About: Community Service , Fundraiser
The week in review for Maine - January 25, 2008
More articles from this author:2008-01-25 19:29:00 The good: Biddeford-based Intermat this week received a $12.2 million contract from the U.S. Navy for the research and development of materials for use in submarine-launched ballistic missiles. The bad: The Maine Consensus Economic Forecasting Commission this week downgraded their 2008 forecast for job and personal income growth in Maine. The five-member commission reduced its job ... More About: Review , January , Week 1, 2, 3, 4, 5, 6 |
