John's Guide to Greater Portland Maine Real Estate

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Real Estate Agent - The Herrigel-Kennedy Group - Portside Real Estate
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ARCHIVED BLOG POSTS

2009 

Effective as of June 15th, the state of Maine has changed the Maine Foreclosure rules and regulations a bit.  Here is a link to FAQ's on the State of Maine website, http://www.maine.gov/pfr/consumercredit/pre-foreclosure_faq.html From what I can gather though it extends the "Notice of Right to Cu...
06/29/2009
 For the month ending May 2009 the Woolwich Maine real estate markets saw no transactions transpire. In 2008, only one home sold in the same month. The mid coastal Maine housing markets continue to remain sluggish and extremely slow compared with the more southern regions surround the greater Por...
06/21/2009
 Biddeford Maine residential real estate saw 9 transactions take place in May 2009 compared with 12 a year prior. Median pricing clocked in at 189K compared with 181K in May 2008. The residential markets continue to see healthy activity given the overall economic conditions. Inventory is a bit hi...
06/21/2009
 In Westbrook Maine in the month of May 14 homes sold a median price of 175K after sitting on the market for 67 days. This compares with 22 homes selling in May 2008 at a median price of 208K after sitting on the market for 70 days. Current inventory rest at 99 homes for sale in Westbrook Maine. ...
06/21/2009
For the month ending May 31st, 2009, the Southern Maine real estate markets fared well.  Average prices for the 4 counties followed, York, Cumberland, Sagadahoc and Lincoln are off about 20% from where they were a year prior.  However taking a look at the month over month statistics, pricing has ...
06/19/2009
 The Mid Coastal Real Estate county of Sagadahoc posted solid results in May given the economic conditions with 21 homes selling at an average sales price of 192K. This contrasts with 23 homes at an average price of 223K in May 2008 representing 9% and 16% drops respectively. Relative to April 20...
06/10/2009
 For the month ending May 2009 Lincoln County real estate saw 26 residential transactions occur at an average price of 203K. In May 2008, 34 homes sold at an average price of 265K representing an 24% drop in volume and 23% drop in pricing. Comparing to April 2009 however, volume was up 63% and pr...
06/10/2009
For the month ending May 2009 Cumberland County real estate saw 270 residential transactions occur at an average price of 257K. In May 2008, 303 homes sold at an average price of 303K representing an 11% drop in volume and 5% drop in pricing. Comparing to April 2009 however, volume was up 47% and...
06/08/2009
York County real estate had a strong May with 143 homes selling at an average sales price of 244K. This contrasts with 188 homes at an average price of 275K in May 2008. Relative to April 2009, sales and average pricing were up 18%. Inventories have risen slightly clocking in at 2773 compared wit...
06/08/2009
 For the month ending May 2009 the coastal peninsula of Harpswell Maine saw 6 transactions transpire at a combined median price of 290K after sitting on the market for a median of 186 days. In May 2008 transaction volume was similar with 7 transactions at a median sales price of 320K after sittin...
06/05/2009
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John Herrigel

Portland, ME - Real Estate
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