Maine Real Estate News - Maine and Cumberland County Homes for Sale

MAINE REAL ESTATE MEDIAN PRICES UP 1.62 IN NOVEMBER

PRESS RELEASE  MAR PORTLAND (December 31, 2007) – Median sales prices for single-family existing homes in Maine edged upward last month while sales of those homes were down over 10 percent. According to the Maine Real Estate Information System, Inc., 891 homes sold during the month of November 2007, a decrease of 10.63 percent from […]

A Good Time To Work On Your Real Estate Business

During the next two weeks, we as Realtors have a few extra moments that allow us to do proper planning for the future.  Our industry has faced challenges in the past, but in a few short weeks we say goodbye to 2007, and look forward to 2008.
  We have already seen marked improvement in many […]

First Time HomeBuyers Need To Check Credit Score First

This is a great Real Estate Market for First Time Home Buyers. One of the first things you need to do as a first time buyer, is to find out your credit score.
Anyone who has ever had a bank account, mortgage, credit card, car loan, or account with a retail store will have a credit […]

Downsizing - Is There a Benefit In Todays Market?

For millions of people approaching retirement, a big part of their fortune is tied up in something they might never want to sell: their homes. Even with the recent drop in dwelling prices, the real worth of a single family house in the US has more than doubled in 10 years.
Those who bought mid-priced houses in […]

Tis The Season To Sell Your Real Estate

Some people shy away from Selling their home during the holidays.  Please note, Real Estate doesn’t come to a complete stop for two months every year.
In fact, many people feel buying a home this time of year is advantageous, as there are some financial advantages that disappear after the first of the year.
Home Sellers are in a better position, there is […]

NAR Releases the 2007 Market-by-Market Home Price Analysis Reports

The National Association of Realtors has released a comprehensive, market by market report I want to share with you containing the following information:

The health of the local job market
Foreclosure rates
Housing inventory
Debt-to-income ratios
Mortgage-servicing-costs-to-income ratiosThese reports reflect data available through October 2007. 

Home prices in the Greater Portland Metro Region encountered a boom in 2002 to early 2005, […]

What Is Fair Market Value In Todays Maine Real Estate Market?

The answer, the same as it is in any market.
Buying or selling a home is likely the largest transaction a person will make in a lifetime. Therefore, it’s understandable that people want to feel they have bought or sold a home at a “fair” price and dread feeling like they left significant money on the […]

Local Maine Real Estate Company and Builder Team Up To Help A Local Boy With MD

I have the pleasure of being part of an organization that believes in being a responsible member of our national community.  ERA has for the past 30 years been a major contributor to MDA.  This year ERA donated $2,000,000 dollars to Jerry’s kids, and plans on beating that number next year.
The Real Estate agency that I’m affiliated […]

Maine Real Estate Transactions Pay For College

When I started my career, I was a single mother of two beautiful daughters, that are now incredible women.  Things have not always been as they are today.  Back then, when I was starting out money was tight, it was difficult to imagine how I was going to send both girls to college, but not […]