maine o: Legacy Properties Sotheby's International Realty Hosts Sotheby's Auction House for Chinese Art Valuation Event in Portland, Maine
- 05/25/12 02:56 AM
Portland, Maine (May 25, 2012) – Legacy Properties Sotheby’s International Realty, Maine’s Leading Luxury and Waterfront Real Estate Company will host specialists from the Chinese Works of Art department at Sotheby’s New York for private valuations in Portland, Maine on June 13th. This event will be one of only three stops in the New England area. Sotheby’s looks forward to conducting private valuations in an area that already boasts an established clientele of art connoisseurs. This event will broaden the awareness of Sotheby’s growing interest in Asian works of art and Chinese Ceramics. This appointment only event represents an exclusive opportunity to … (0 comments)
maine o: Dana Whitney joins Legacy Properties Sotheby’s International Realty
- 05/25/12 02:16 AM
Portland, Maine (May 24, 2012) – Dana Whitney recently joined Legacy Properties Sotheby’s International Realty as Director of Marketing. She has an extensive background in web design, social media, internet marketing, SEO and graphic design. In addition to her creative background, Dana has a strong background in property management, including holding the position of President of the Southwest Florida Apartment Association. Her digital, print and social marketing experience will bring a new level of expertise to an already successful program. This is an exciting opportunity for Legacy Properties Sotheby’s International Realty which has grown in recent years to become Maine’s leading luxury property company. “Dana is … (0 comments)
maine o: Maine Home Sales Rise 8.71% & Median Home Prices Up 4.48% in April
- 05/22/12 05:59 AM
SOUTH PORTLAND (May 22, 2012) – The Maine Association of REALTORS reports healthy gains in sales of single-family existing homes and median sales prices statewide during April 2012. According to the Maine Real Estate Information System, Inc., 824 homes sold during April 2012, an increase of 8.71 percent compared with April 2011. The median sales price (MSP) for those homes rose 4.48 percent to $167,950 in that same time period. The MSPindicates that half of the homes were sold for more and half sold for less. Nationally, sales increased 9.9 percent in the past 12 months. According to the National Association of … (0 comments)
maine o: Fixed Mortgage Rates Hit Record Lows Again
- 05/17/12 09:43 AM
MCLEAN, Va., May 17, 2012 /PRNewswire/ – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates again hitting new record lows. The 30-year fixed-rate mortgage at 3.79 percent continues to remain well below 4 percent and 15-year fixed-rate mortgages are also slightly down at 3.04 percent. News Facts 30-year fixed-rate mortgage (FRM) averaged 3.79 percent with an average 0.7 point for the week ending May 17, 2012, down from last week when it averaged 3.83 percent. Last year at this time, the 30-year FRM averaged 4.61 percent. 15-year FRM this week averaged 3.04 percent with an … (0 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 … (1 comments)
maine o: Maine Real Estate – Home Prices Are Up 4% Over 2011
- 05/08/12 02:58 AM
Maine Real Estate Maine Real Estate Statistics Presented by Legacy Properties Sotheby's International Realty Maine Real Estate "Median Sold Price" for the past Year A 4% Increase in Median Sold Price
The Maine Real Estate market has seen a significant improvement compared to the same period in 2011. The price increase in April 2011 over April 2012 of 4% is another side of market recovery 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 … (0 comments)
maine o: Maine Real Estate - Number of Homes Sold In April Up 7% From 2011
- 05/08/12 02:49 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 7% 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 … (1 comments)
maine o: Maine Real Estate - Homes Under Contract In April Are Up 48% over 2011
- 05/08/12 02:40 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 48% Increase in Single Family Homes Under Contract The Maine Real Estate market continues to see 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)
maine o: Maine Home Sales Are Up 13% In March
- 04/22/12 02:49 AM
SOUTH PORTLAND (April 19, 2012) — Sales of single-family existing homes in Maine increased by double-digits again in March. According to the Maine Real Estate Information System, Inc., statewide home sales increased 13.16 percent, comparing March 2012 to March 2011. This is the ninth consecutive month of positive unit sales increases. The median sales price (MSP) increased 0.19 percent to $160,000 in that same time period; the first increase since July 2011. The MSP indicates that half of the homes were sold for more and half sold for less. The National Association of Realtors reports that nationwide, single-family existing home sales … (2 comments)
maine o: 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)
maine o: 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)
maine o: 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)
maine o: 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)
Greater Portland, ME (Jan. 16, 2012) –Maine Real Estate News: We are pleased to announce thatAlexa Oestreicher,Maine native and longtimeYarmouth resident, has joined Legacy Properties Sotheby’s International Realty as a Vice President. Alexa, a licensed Associate Broker, will be based in the Greater Portland office located at 2 City Center.
Alexa has a business background in marketing. “We are pleased to have Alexa join our team of Maine Real Estate professionals. Her familiarity and experience with Greater Portland real estate is a great asset.” … (1 comments)
maine o: Maine Real Estate - Supply of Inventory of Homes Down 21% From 2010
- 01/16/12 09:47 AM
Maine Real Estate Maine Real Estate Statistics Presented by Legacy Properties Sotheby’s International Realty Maine Real Estate ”Supply of Inventory” for the past Year Inventory of Single Family Homes Drops 21% over 2010
The Maine Real Estate market has seen a significant improvement compared to the same period in 2010. 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)
maine o: Maine Real Estate - Homes Under Contract In December Are Up 25% over 2010
- 01/16/12 09:41 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 25% Increase in Single Family Homes Under Contract The Maine Real Estate market has seen a significant improvement compared to the same period in 2010. 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)
maine o: Maine Real Estate - December Sales Volume Up 5% Over 2010
- 01/16/12 09:29 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 5% Increase in Single Family Homes Sold The Maine Real Estate market has seen a significant improvement compared to the same period in 2010. 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 … (1 comments)
maine o: Real Estate Stocks Recover
- 01/07/12 07:36 AM
BY A.D. PRUITT Real-estate stocks posted strong gains in the fourth quarter, a sharp turnaround from a few months ago, when panic about Europe's debt crisis threatened to derail the commercial real-estate recovery. Real-estate investment trusts, as measured by the Dow Jones All REIT index, registered a total return of 15.1% for the quarter, the best performance since the third quarter of 2009. The fourth-quarter return, which was slightly ahead of the broader stock market indexes, represented an about-face from the prior quarter, when REITs had a negative return of 15%. The total return for the Standard & Poor's 500 index … (1 comments)
maine o: U.S. gains 200,000 jobs in December
- 01/07/12 07:32 AM
By Jeffry Bartash, MarketWatch WASHINGTON (MarketWatch) — The U.S. added 200,000 jobs in December and the unemployment rate fell to the lowest level in nearly three years in a fresh sign the economy is picking up and businesses are more willing to hire. The increase in jobs last month — the fourth biggest gain of 2011 — suggests the U.S. is entering the new year with renewed vigor. Faster hiring puts more money in the hands of consumers and usually leads to an increase in spending. That’s a big deal since consumer spending accounts for as much as 70% of economic growth. … (1 comments)
Portland, Maine (May 25, 2012) – Legacy Properties Sotheby’s International Realty, Maine’s Leading Luxury and Waterfront Real Estate Company will host specialists from the Chinese Works of Art department at Sotheby’s New York for private valuations in Portland, Maine on June 13th.
;)
;)
