Tuesday, June 25, 2013

Home Buyers Are Stepping Up

Once again low inventory is forcing buyers to pay more.  Inventory has been an issue all year and is the main cause for this.  Another issue is that interest rates are starting to rise and buyers are scrambling to find a home before they go up too much.  It is a sellers market for sure.



Friday, June 7, 2013

May 2013 - Real Estate Market Update

This market report gives you the real estate activity for the Greater Portland, Maine area.  Everything went up last month except expired listings. Sold and pending went way up.  In my eyes the market is now officially a sellers market.  Houses are selling very quickly and often getting more than asking.