coastal real estate maine: Portland Maine Named #1 Best Summer Destination, #1 Quality of Life, and 7th Greenest City by Travel+Leisure Magazine
- 04/04/12 11:39 PM
No. 7 Portland, ME Between the farm-to-table restaurants, homegrown microbrews, and all that lobster, you can literally taste the great outdoors here. A few popular restaurants, such as Miyake or 20 Milk Street at the Regency Hotel, even have their own farms. Voters preferred Portland in the summer over any other city in the survey—the ideal time to fish, enjoy the parks, or stroll the Old Port area. Quality of Life and Visitor Experience … (0 comments)
coastal real estate maine: Expectations rising for housing market’s spring season
- 04/03/12 04:12 AM
The spring home-selling season could be the strongest in years and may foreshadow which markets will lead a battered housing industry in an anemic recovery, economists say. “This spring will be the litmus test for housing demand,” says Steven Ricchiuto, chief economist for Mizuho Securities USA. The spring season typically runs March through June but may have started early this year because of unseasonably warm weather. While last year was dismal for existing home sales, this year is looking better. Existing home sales in February were up 9% from the same time a year ago, as was the Pending Home Sale … (0 comments)
WASHINGTON (March 29, 2012) – Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®.
NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2011, shows investment-home sales surged an extraordinary 64.5 percent to 1.23 million last year from 749,000 in 2010. Vacation-home sales rose 7.0 percent to 502,000 in 2011 from 469,000 in 2010. Owner-occupied purchases fell 15.5 percent to 2.78 million.
Vacation-home sales accounted for 11 percent of … (1 comments)
coastal real estate maine: MAINE HOME SALES UP 29 PERCENT IN FEBRUARY
- 03/22/12 02:20 AM
SOUTH PORTLAND (March 21, 2012) — Buyers of single-family existing homes in Maine showed up in increasing numbers last month, leading to double-digit sales gains. According to the Maine Real Estate Information System, Inc., 624 homes sold in February 2012, a sales increase of 29.46 percent compared withFebruary 2011. The median sales price (MSP) decreased 5.99 percent to $149,900 in that same time period. The MSP indicates that half of the homes sold for more and half sold for less. The National Association of Realtors reports a 9.4 percent increase in existing home sales nationwide. The national MSP rose 0.1 percent … (0 comments)
coastal real estate maine: Trulia’s Housing Market Calendar: 5 key insights for agents
- 03/20/12 04:38 AM
To gauge market temperature, use numbers to determine the best times to generate leads, list properties, or even hold an open house. To help, we’ve looked at miles of research to create Trulia’s Housing Market Calendar. Here is an infographic and some key insights to help you time your actions and maximize your business. 1. Generate/farm leads The months from March through August have the year’s highest search activity. Therefore, this is the best time to share listings on Facebook, pump up your blogging schedule, and increase usage of products like Trulia Pro and Trulia Local Ads to generate more business online. 2. Promote price reductions … (1 comments)
The Maine Real Estate market has seen a significant improvement compared to the same period in 2011. A decrease in inventory reflects increasing demand for single family homes and is an excellent leading indicator of the condition of the overall market. Legacy Properties Sotheby’s International Realty has several Maine Real Estate Agents based in it Portland Maine office. Should you require more information, please contact: Chris LynchPresidentMaine Real Estate ExpertiseLegacy Properties Sotheby’s International Realty2 … (0 comments)
coastal real estate maine: Maine Real Estate - Homes Under Contract In February Are Up 39% over 2011
- 03/14/12 02:51 AM
Maine Real Estate Maine Real Estate Statistics Presented by Legacy Properties Sotheby's International Realty Maine Real Estate "Under Contract" for the past Year A 39% Increase in Single Family Homes Under Contract The Maine Real Estate market has seen a significant improvement compared to the same period in 2011. Under Contract properties is an excellent leading indicator of the condition of the overall market and a very strong sign for further growth. Legacy Properties Sotheby's International Realty has several Maine Real Estate Agents based in it Portland Maine office. Should you require more information, please contact: Chris LynchPresidentMaine Real Estate ExpertiseLegacy Properties Sotheby's International Realty2 City CenterPortland, ME … (0 comments)
coastal real estate maine: Maine Real Estate - Number of Homes Sold In February Up 28% From 2011
- 03/14/12 02:48 AM
Maine Real Estate Maine Real Estate Statistics Presented by Legacy Properties Sotheby's International Realty Maine Real Estate ”Sold Unit Volume” for the past Year A 28% Increase in Single Family Homes Sold The Maine Real Estate market has seen a significant improvement compared to the same period in 2011. Sold Volume in Maine has improved along with other significant measures of Maine Real Estate for several consecutive months. This improvement in volume has helped to stabilize prices in most Maine markets. Legacy Properties Sotheby’s International Realty has several Maine Real Estate Agents based in its offices in Portland Maine, Kennebunk Maine, Camden Maineand Brunswick Maine. Should you require more information, please contact: Chris LynchPresidentMaine Real … (0 comments)
coastal real estate maine: Foot Traffic Up 27% - Strong Indicator of Future Home Sales
- 03/13/12 03:11 AM
Foot traffic provides a strong indication of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Year-over-year foot traffic levels have grown steadily in the area covered by Main Real Estate Information Systems, Inc. Foot traffic rose 27% in February of this year relative to February of last year Improvements in employment and consumer confidence coupled with record low mortgage rates are helping to drive steady interest in housing. For more information on this data and its use, see the economist’s commentary, “Foot Traffic – Getting a Step Ahead”. By: Ken Fears, Manager, Regional … (0 comments)
coastal real estate maine: US Economic Confidence Is Now The Best It's Been In Four Years
- 03/13/12 02:48 AM
By: Dennis Jacobe, Gallup/Economy U.S. economic confidence improved sharply to -18 in the week ending March 11 from -25 the prior week -- the highest since the week ending Feb. 13, 2011, when it was also -18. The -18 readings this year and last are the highest weekly levels Gallup has recorded since it started tracking confidence daily in January 2008. Americans' economic confidence had declined recently from -20 in the week ending Feb. 12 to -25 for the week ending March 4. This brief deterioration in confidence may have been, at least in part, a response to increasing gas prices at the pump. However, the government's positive … (0 comments)
LEGACY PROPERTIES SOTHEBY’S INTERNATIONAL REALTY PARTICPATES IN REGIONAL LUXURY REAL ESTATE CONFERENCE MAINE (March 9, 2012) – Legacy Properties Sotheby’s International Realty, a luxury real estate firm with offices in Kennebunk, Portland, Brunswick and Camden, recently participated in a northeast regional conference for Sotheby’s International Realty® affiliates located in Maine. Connecticut, Washington, D.C., Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania and Rhode Island. The conference was held Feb.29 at the Sotheby’s Auction House in New York City and offered the nearly 130 attendees representing 40 firms the opportunity to network with their regional … (0 comments)
coastal real estate maine: The 3.8% Tax Is Not a Real Estate Transfer Tax
- 03/07/12 12:22 AM
By Robert Freedman, Senior Editor, REALTOR® Magazine Shortly after the federal government enacted sweeping healthcare reform earlier this year, there was considerable concern over a last-minute addition to the legislation: a 3.8 percent tax on investment income of upper-income households to help shore up Medicare. The tax takes effect in 2013. Among the concerns expressed among consumers and business people, including real estate professionals, both then and today, is that the tax amounts to a transfer tax on real estate. Not true, NAR Director of Tax Policy Linda Goold says. Here’s how the tax works. For individuals earning $200,000 a year … (0 comments)
coastal real estate maine: Sotheby's International Realty Named Best In Category For 5th Year In A Row
- 03/07/12 12:00 AM
Legacy Properties Sotheby's International Realty is proud to announce that Sotheby’s International Realty has won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award for the fifth year in a row. The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 7th annual Franchisee Satisfaction Awards presented by Franchise Business Review. In addition to its real estate ranking, the brand also came in second overall among the Top 50 Large Franchise Systems, which is a ranking of all franchise systems with more than 200 units across all categories. “We are very proud to … (0 comments)
coastal real estate maine: Cumberland County Maine Single Family Home Sales Analysis 2001-2011
- 02/29/12 11:38 PM
■ The highest median sold price for Cumberland County occurred in 2010 and 2011. All years were above the state median.■ One of 2 counties in Maine with median sold prices above $200,000 in 2010 and 2011. (Cumberland and York)■ Sold prices increased an average of 11% annually between 1998 and 2005;held steady in 2006 and 2007, were down 6% in 2008, down 6% in 2009, up 2.4% in 2010, and held steady in 2011.■ One in four sales in the State of Maine are in Cumberland county (25%)■ The number of sales peaked in 2005, decreased 34.5% 2005-2008, increased 10.6% … (1 comments)
coastal real estate maine: Sotheby’s International Realty Welcomes Hudson Valley, New York Firm
- 02/29/12 11:22 PM
Legacy Properties Sotheby's International Realty is proud to announce that Hudson Homes LLC in Tarrytown, N.Y., is the newest member of its luxury real estate network and now will operate as Hudson Homes Sotheby’s International Realty. The firm is owned by Patricia Neuwirth and serves New York’s Hudson Valley including the Hastings, Dobbs Ferry, Irvington, Tarrytown, Sleepy Hollow, Ossining, Briarcliff Manor and Pleasantville markets. It joins the brand’s already robust presence in the market: Julia B. Fee Sotheby’s International Realty, Renwick Sotheby’s International Realty, North Country Sotheby’s International Realty and McClellan Sotheby’s International Realty. “Hudson Homes has an established record of quality … (0 comments)
coastal real estate maine: Maine Home Sales Up For The 7th Consecutive Month
- 02/25/12 02:43 AM
MAINE HOME SALES UP OVER 2 PERCENT IN JANUARY Seventh consecutive month of sales increases in Maine SOUTH PORTLAND (February 22, 2012) — Single-family existing home sales continue to climb in the state of Maine. The Maine Real Estate Information System, Inc. (MREIS) reports 547 homes sold during January 2012, a 2.05 percent increase compared with January 2011. This is the seventh consecutive month of home sales increases in Maine. The median sales price (MSP) for those homes decreased 1.88 percent to $157,000. The MSP indicates that half of the homes were sold for more and half sold for less. According to … (0 comments)
coastal real estate maine: Sotheby’s International Realty Brand Strengthens Presence in Aspen, Colorado
- 02/22/12 09:54 PM
Legacy Properties Sotheby's International Realty is proud to announce that Morris & Fyrwald Sotheby’s International Realty in Aspen and Carbondale, Colo., has combined with Chaffin Light Real Estate in Aspen, Snowmass Village and Basalt, and now will operate as Aspen Snowmass Sotheby’s International Realty. Aspen Snowmass Sotheby’s International Realty will serve the entire Roaring Fork Valley from Aspen/Snowmass to Glenwood Springs. Mark Overstreet serves as president of the new company and will report to a management board of Ernie Fyrwald, Andrew Light, Craig Morris and Garrett Reuss. “Morris & Fyrwald Sotheby’s International Realty has a reputation as a strong leader in the … (0 comments)
coastal real estate maine: Sotheby's International Realty Expands Into Barcelona, Spain
- 02/21/12 12:40 AM
Legacy Properties Sotheby's International Realty is proud to announce that Sotheby’s International Realty has expanded its global real estate network in Barcelona, Spain with the opening of Barcelona Sotheby’s International Realty. The office is jointly owned by Markus Thoene and Christoph Toelle, who also operate Costa Brava Sotheby's International Realty, which serves the high-end real estate market in the coastal region of Girona. The Sotheby’s International Realty® network already has firms in Madrid, Gibraltar, Costa del Sol, Costa Blanca and the Balearic Islands of Mallorca and Ibiza. “Our expansion across Spain continues our commitment to providing access to the Sotheby’s International Realty … (1 comments)
coastal real estate maine: Sotheby’s International Realty Expands Reach to Milan
- 02/17/12 04:55 AM
Legacy Properties Sotheby's International Realty is proud to announce that Sotheby’s International Realty has expanded its global real estate network in Italy with the addition of Milan Sotheby’s International Realty. The firm, owned by the Pignatti Morano family and managed by Lorenzo Mercolini, joins the brand’s existing firms in Venice and Rome, Venice Sotheby’s International Realty and Rome Sotheby’s International Realty. “A strong presence in Italy is a critical component to our comprehensive growth plans across Europe,” said Michael R. Good, chief executive officer, Sotheby’s International Realty Affiliates LLC. “I am confident that under Lorenzo Mercolini’s leadership, Milan Sotheby’s International Realty will bring … (0 comments)
2011 was a sensational year for Sotheby’s Geneva Jewellery auctions. With sales totalling CHF 142,993,650/ $163,212,114, Sotheby’s dominated the market in Geneva for the third consecutive year. Two new auction records were established including the Sun-Drop diamond, which established a new record price for a yellow diamond; and the magnificent emerald and diamond tiara which rose to a new world auction record for a tiara and an antique jewel. Following these outstanding results, which show the continuing strength and resilience of the international auction market for jewellery, we are pleased to invite consignments for our forthcoming sale in May … (0 comments)
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