EXIT Oceanside Realty Blog
Press Release by hte Maine Association of Realtors
Realtors across the state of Maine continue to report a very healthy market for single-family existing home sales. Maine Listings calculated a 13.54 percent rise in sales last month, compared to January 2015. The median sales price (MSP) for the 889 homes sold reached $175,500, an increase of 9.69 percent. The MSP indicates that half of the homes were sold for more and half sold for less.The National Association of Realtors today released stat...This article was distributed by the Maine Association of Realtors to its members.
A recent analysis by the NAR Research Division states that the real estate industry accounted for $10.554 billion or 19.3% of Maine's Gross State Product in 2012. When a median priced home is sold in Maine, $17,289 in income is generated from real estate related industries (mortgage lending, real estate brokerage, title insurance, appraisal, etc.) and an average of $4,494 is spent on consumer items such as furni...In a press release to the media, Maine Listings reported:
MAINE HOME SALES UP 18.18 PERCENT IN JUNESOUTH PORTLAND (July 22, 2015)—Sales of single-family existing homes in Maine jumped by hefty double-digits in June. According to Maine Listings, 1,788 homes changed hands last month, resulting in an 18.18 percent rise in sales. The statewide median sales price (MSP) for homes sold during the month of June increased 1.46 percent to $187,700. The MSP indicates that half of the homes were sold for m...According to the Maine Association of Realtord Press Release, Maine Lisitngs announces gains in March 2015 in both sales and prices for single family homes. Maine Listings reported a 6.5 percent increase in sales over the past 12 months. Median sales prices for those homes increase 4.94 percent to $170,000. Median sales prices indicated that half the homes were sold for more and half sold for less.
Marie Flaherty, 2015 President of the Maine Association of Realtors, said, "The new statistics pr...The median sale price of a home fell 1.4 percent to $172,500 in November, compared with a year earlier, according to a report from the Maine Association of Realtors.
After a huge jump in October, Maine home sales fell almost 10 percent in November compared with a year earlier, according to a Maine Association of Realtors report issued Monday.
The reasons for the 9.9 percent drop in sales were unclear, but could have included pre-election jitters and weather events in some markets, said the ass...Freddie Mac and Fannie Mae will allow qualified first-time buyers to put down only 3% of the purchase price.
By Dina ElBoghdady The Washington PostWASHINGTON — Some first-time home buyers will get a break on their down payments through programs announced Monday by mortgage giants Fannie Mae and Freddie Mac as the firms try to jump-start the housing market by making it easier for more borrowers to qualify for a mortgage.
Fannie and Freddie will soon allow for mortgages with a down p...The increase is compared with October 2013 and far outstrips the regional and national numbers.
By Jennifer Van Allen Staff WriterSales of existing homes in Maine jumped 26 percent last month compared to October 2013, according to the Maine Association of Realtors.
Last month, 1,573 homes were sold, compared to 1,246 homes in October 2013. The median sale price was $175,000, a decrease of 0.71 percent compared to a year earlier.
