EXIT Oceanside Realty Blog

Rick Coyne 8 years ago

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...
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