maine: Maine Waterfront Real Estate - Latest News - 11/23/09 12:32 AM
Maine is well know for it dramatic oceanfront.  When it comes to real estate along the coast you have many options - from the northern most regions which are fairly remote (and less expensive), to the southern coast which is much more urban and decidedly more expensive.
Our most recent newsletter featured an article on Maine Waterfront real estate, especially homes along the oceanfront.  If you are interested in what has sold, and at what prices, details can be found here - Maine Waterfront Homes.
Like other parts of the county sales and prices for oceanfront (and lakefront) homes have declined, … (0 comments)

maine: Maine Home Sales Report - 2008 - 02/13/09 11:38 PM
We have just updated our 2008 full year sales results for southern Maine, and as expected sales in nearly every town and community are below 2007 levels. Prices, contrary to what you might have been led to believe, have not fallen as sharply. Complete sales results and market statistics are available online at our website at: Maine Real Estate Sales – 2008.
Complete reports for 2008, 2007, 2006 and 2005 are also available for download.
Maine Real Estate Sales ReportsBut, all thing being equal, price continues to be a significant issue and fundamental to the success of every property transaction during … (0 comments)

maine: Maine Real Estate Industry Contracts - 01/07/09 06:24 AM
With fewer homes selling in Maine, those involved in the real estate industry - agents, mortgage lenders, home inspectors and appraisers - are all feeling the affects.
Through December of 2008, the number of people licensed to sell real estate in Maine declined 13.5% in the past year, and the number of people obtaining entry-level licenses fell 70%. The number of mortgage lenders is also dwindling. As of year end there were 60% fewer licensed lending office, and the number of licensed loan brokers is down 25 %. These statistics are kept by the state’s Office of Licensing and Registration.
As … (0 comments)

maine: Maine State Pier Development May Move Forward - 12/16/08 10:33 PM
On Monday the Portland City Council held a workshop to discuss the future development of the Maine State Pier.  The result was an informal decision to re-open negotiations with Portsmouth-based Ocean Properties.
Three options were presented by the city manager's office for moving forward with the redevelopment of the pier and in the end they chose to move ahead with Ocean Properties, who last year lost the bid for the development project to local competitor The Olympia Cos. The city council scheduled a formal vote on the matter next month. At this time there is still no final decision on whether … (0 comments)

maine: Portland Maine Video - Using Vimeo - 12/11/08 08:10 AM
Welcome to Portland, Maine

The above video was created using Vimeo. It is an alternative to YouTube. … (1 comments)

maine: Top National Websites for November 2008 - 12/11/08 05:22 AM
Competition among national real estate sites is very competitive, to say the least. Keeping track of the top 10 visited each month is an obsession, since it has such a direct bearing on advertising revenue. According to Hitwise, a national tracking service, the sites with the highest market shares in the month of November 2008 were:
1. 2. Yahoo Real Estate 3. 4. 5. 6. RE/ 7. 8. Service 9. US Dept of Housing and Urban Development 10.
The interesting thing about these results, however, is that most people who eventually are ready to … (3 comments)

maine: The Curse of - 12/01/08 09:14 AM
I have always been against and the other real estate portals - Trulia, Zillow, etc.  Our believe is in building the best website we can and them compete for local online marketing space.  Supporting my competition is only a business model that appears to work in the real estate industry.
I was just notifed that our bill for enhanced listings was up - and was I excited - knowing that more listings in 2008 will now cost me more for 2009!  But what really gets me is how shamlessly tries to promote their own products, with one of … (7 comments)

maine: Maine Foreclosures Down in September - 10/30/08 09:22 AM
For September 2008 and Q3 2008 National foreclosure filings were reported on 265,968 properties representing a 12% decrease from the previous month but still a 21% increase from September 2007. One in every 475 U.S. housing units received a foreclosure filing in September.
In its most recent report completed by RealtyTrac, Maine ranked 41st in the country in total foreclosures, with one in every 2,996 homes receiving a foreclosure filing. Filings are down 4.1% for the Q3 vs Q2, but up over 1,000% compared to last year. Percentage increases can often sound startling, but in reality be somewhat misleading. 102 foreclosures … (0 comments)

maine: Maine Home Sale Reports Updated - 10/28/08 09:42 AM
At our website - MaineHomeConnection - we just updated our 2008 homes sales statistics through the first three quarters of 2008. Sales results are available for York and Cumberland Counties in total, as well as selected individual cities and towns. Details are available at the link Home Sales and individual City pages.
Although unit sales for both single-family homes and condos are down in virtually every town, pricing has not experienced the same dramatic decreases, which is encouraging for sellers.
For the month of September the median sales price for a single-family existing home was $177,750, down 6.5% from one year … (0 comments)

maine: Portland Maine - A Destination City! - 05/14/07 07:16 AM
Portland Maine has long been considered on of America's finest small cities.  Over the last several years, however, many nationally recognized publication and authorities are also "finding" us on the map.  Some recent examples of national recognition include:
Ranked #12 in the world by Frommer's in its list of Top Travel Destinations for 2007. Ranked #20 in Inc. Magazine 2006 Boom Town List of Hottest Cities for Entrepreneurs. Ranked #7 on the 2005 list of the 100 Best Art Towns in America. (The Countryman Press, April 2005) Named #15 in medium sized Top U.S. Cities for Doing Business. In the overall category … (1 comments)

maine: New Construction in Maine - 05/09/07 05:29 AM
Althouth the market has stabilzed, new construction continues to be a risk/reward proposition for many developers.  Given the high cost of building new homes and the chance that a new property might be on the market longer than in previous years, many builders are waiting to attract new clients and then building to exact customer requirements.  For builders with a track record of successful sales and an inventory of prior clients, this technique can work.  For others, especially those who have been in the business for a short time, this can be a difficult way to attract new clients.
At MaineHomeConnection we … (0 comments)

maine: Relocating to Maine - 05/04/07 12:05 AM
Welcome Back To Maine! 
Maine is a very, very big state - often we get visitors to our site, MaineHomeConnection, who are not familiar with the overall geography of New England, let alone Maine.  As most realtors know, the single most used page on any real estate web site is probably the MLS Search.  We often get requests for property, especially Waterfront Real Estate that are hundreds of miles apart.  The Maine coast has over 3,000 miles of coast line, but from a practical standpoint, the majority of the population live in the southern section - Cumberland and York Counties, which includes the … (0 comments)

Laura & Michael Sosnowski,        Maine's Premier Online Real Estate Resource (Maine Home Connection)

Laura & Michael Sosnowski

Maine's Premier Online Real Estate Resource

Portland, ME

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Maine Home Connection

Address: 19 Commercial St, Portland, ME, 04101

Office: (207) 517-3100

Mobile: (207) 807-1902

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Keep up to date with Maine Real Estate Trends and News, focusing on Southern Maine - Greater Portland.

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