The tax credit has been very beneficial to our housing industry and especially to the State of Maine!...(See Press release at the bottom of this message.)
National statistics released by the National Association of Realtors (NAR) indicate a 7.7 percent single-family home sales increase in the past 12 months!
With your help, we can 'keep the ball rolling'. Please contact your State Senators and ask them to support the Dodd-Lieberman-Isakson amendment to extend the housing tax credit.
To all you Maine Realtor 'Rainmakers':To contact Senators Snowe and Collins , you can send email directly from their sites, or get phone/fax info at: Sen. Snowe: http://snowe.senate.gov or Sen. Collins: http://collins.senate.gov.
TAX CREDIT EXTENSION: NAR reports that early next week the U.S. Senate will be voting on two amendments that would extend the first-time homebuyer tax credit. NAR is only supporting the Dodd-Lieberman-Isakson amendment because it will: provide the $8,000 tax credit to any buyer (not just first time); set income limits at $150,000/$300,000 for single/married buyers; make the credit available until June 30, 2010.
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MAINE REAL ESTATE SALES UP 22.74 PERCENT IN SEPTEMBER
SOUTH PORTLAND (October 23, 2009)-Sales of single-family existing homes in Maine rose a strong 22.74 percent in September 2009 compared with the same month in 2008. The Maine Real Estate Information System, Inc. reported a median sales price (MSP) of $167,000, a decrease of 6.05 percent from last September, again highlighting the increase in the first time buyer market in Maine. The September median price is an increase from August 2009's MSP of $162,800. The median sales price indicates that half of the homes were sold for more and half sold for less.
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