This market report gives you the real estate activity for the Greater Portland, Maine area. Even though most numbers went down from last month the numbers are still pretty good. As we get closer … [Read more...] about September 2012 – Real Estate Market Update
Archives for 2012
Fannie Decides #RealEstateInvestors Deserve More Credit
If your strategy is to buy and rent property as an investment, Fannie Mae has a few thousand homes they’d like to sell you. Small-time real estate investors — those of us who own … [Read more...] about Fannie Decides #RealEstateInvestors Deserve More Credit
It’s Like Buying a House in 2003, Only Better!
Prices are on the upward trend but it is still like buying a house in 2003 according to this graphic. What makes now a better time to buy are the interest rates. Since they are so much … [Read more...] about It’s Like Buying a House in 2003, Only Better!
Home Prices Are On The Rise
Nationally prices are on the rise. This graphic shows you how Median Home Prices have gone up. Here in Maine prices are moving up much slower than other areas of the country. The … [Read more...] about Home Prices Are On The Rise
August 2012 – Real Estate Market Update
This market report gives you the real estate activity for the Greater Portland, Maine area. We sold a lot more properties last month but once again inventory is still creeping down. Buyers are … [Read more...] about August 2012 – Real Estate Market Update
Negotiate Your Best House Buy
Keep your emotions in check and your eyes on the goal, and you’ll pay less when purchasing a home.Here are six tips for negotiating the best price on a home.1. Get prequalified for a mortgageGetting … [Read more...] about Negotiate Your Best House Buy
Buyer or Sellers Market?
In South Portland, Maine we have 6 months worth of inventory when looking at single family homes. In the beginnig of the year it was 9 months. This shows you the type of activity we have … [Read more...] about Buyer or Sellers Market?
Weeding Through Distressed Properties
This image is a good sign that we are weeding through the distressed properties that have been flooding the market. There is still more to come because of shadow inventory. Shadow … [Read more...] about Weeding Through Distressed Properties
July 2012 – Real Estate Market Update
This market report gives you the real estate activity for the Greater Portland, Maine area. With inventory still down and pending home sales up we need more homes to sell in order to keep up … [Read more...] about July 2012 – Real Estate Market Update
Real Estate Return on Investment.
Depending on when you bought your home you may be in good shape. Yes, we had a bubble in 2006 but this graph is interesting to me. If you bought your home back in 2000 just 12 years ago … [Read more...] about Real Estate Return on Investment.