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What’s New In Real Estate For 2008?

This is the time of year that all you hear is advice from all of the coaching professionals on how to improve your business go forward.  While we are entering a new fresh year we unfortunately are bringing with us a lot of baggage.
Inventory levels are still deep, buyers are less and the definition of insane […]

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 […]

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 […]

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 […]

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 […]

1 Out Of Every 16 Americans Will Buy A Home In 2007

Finally, I’m not the only one forecasting a change for the good.  Below is portion of an article I saw in  the Realtor Magazine that I thought should be shared with everyone. 
(Beginning of article)
NAR: Mortgage Conditions Bode Well for Housing
Conditions in the mortgage market are improving for consumers, which should help to release some pent-up demand […]

Maine Real Estate Buyers What Are You Waiting For?

If interest rates at almost historic 40 year lows, great inventory of homes to choose from, and value pricing is this what you are waiting for, wait no more, as this is the reality of Real Estate in Maine.
For the second month in a row, sales of single family existing homes in Maine have increased.  According […]

Maine Real Estate Trends Up From National Average

If you read all of the articles that appear almost daily regarding the state of Real Estate, you come away with all doom and gloom.  The media doesn’t miss a beat when it comes to informing us of all of the negative events that happen in our industry.  Maybe it’s not their fault? 
The problem with […]