Home > Blogs > Kristen Wheatley > Living & Succeeding in Northern New England

Waiting For The Maine Real Estate Market To Hit Rock Bottom? - It May Have Already

By Kristen Wheatley

Real Estate Agent with Better Homes & Gardens | The Masiello Group

March 02, 2012 06:16 AM

If you were waiting for the Maine real estate market to hit rock bottom, wait no longer. The tricky thing about waiting for the bottom is that you won't know when it has happened until it has already passed by. Recent data suggests that that has already happened here in Maine.

Research economists at the National Association of Realtors (NAR) recently published a report showing that Maine is one of 12 states to show price growth from the 4th quarter of 2010 to the 4th quarter of 2011.

Here in Androscoggin County, home sales are up 19.7% and prices are up 4.17%. While you may have already missed the bottom, you have not yet missed out on the incredible deals still available. We have an impressive inventory of well-priced homes for sale in the Lewiston/Auburn Maine area and interest rates are still at all time lows.

Give me a call and let me help you take advantage one of the best times to buy real estate. 207-240-2250.

Price growth in Maine

Photo courtesy of NAR

Re-Blog

Comments(7)

Comment

Show All Comments

Sort:

Karen Anne Stone

New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX

Fort Worth Real Estate

Kristen: It does appear that the Maine Real Estate Market has hit Rock Bottom... so it's time for all those fence-sitters to get off the fence. And... as everyone knows... there is no better Realtor to help them do that... than Kristen Wheatley.

I am so glad your market is on the upswing !

Mar 02, 2012 06:25 AM

Miss Kristen... I just (finally) watched the video of you introducing yourself to the buyers and sellers in Maine. (The video on the right side of this page... just under the words Subscribe to Blog)... and wow... what a great video.

I know if I lived in Maine and needed a Realtor... and I saw that video... my next move would be to pick up the phone and call YOU. What a great video.

Mar 02, 2012 06:31 AM

Kristen Wheatley

Better Homes & Gardens | The Masiello Group - Brunswick, ME

Supporting Success - Best Job in the World!

Thank you so much Karen Anne. You are too kind! Looks like Texas is one of the 12 as well, and even here in Maine, everyone knows that any Texas home buyer would be a wicked fool not to call Karen Anne Stone for their Ft. Worth area home purchase!

Mar 02, 2012 07:26 AM

Debb Janes

Nature As Neighbors - Camas, WA

Put My Love of Nature At Work for You

Sounds as if buyers in Androscoggin County better give Kristen Wheatley a call soon before they miss out on historical values and low interest rates. Glad to hear things are starting to rebound...I'm seeing this trend in many markets in the Rain.

Can hardly wait to see your videos of Androscoggin County ( love the name of your county). Have a great weekend. D

Mar 03, 2012 05:39 AM

Thank you Debb. We are happy too that the market is improving and thrilled that it is still such a great time to buy. Our twin "cities" of Lewiston and Auburn are nestled here on either side of the mighty Androscoggin River.

...and of course anyone looking to buy or sell a Clark County Washington home should know to give Debb Janes a call!

Mar 03, 2012 06:06 AM

Jason Sardi

Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC

Your Agent for Life

The thing I love about rock bottom is there is only one place to go from there ... up! Glad to hear the market in your area is improving, Kristen. I hope other areas follow suit. I dare say that there are many positives happening in the economy right now. I hope that continues.

Mar 04, 2012 12:33 AM

You betcha Jason! It does seem that way.

p.s. LOVE your tag line! All you need is love, cute kittens, and your beautiful Jennifer.

Mar 04, 2012 12:57 AM

Waiting For The Maine Real Estate Market To Hit Rock Bottom? - It May Have Already

Comments(7)

Kristen Wheatley

Service Areas

Recent Posts

Additional Information