For the month ending December 2009 the coastal suburb of Portland, Cape Elizabeth, saw 14 transactions occur at a median price of 307K. This contrasts with only 5 transactions in December 2008 and 6 in November 2009. The large volume increase has been helped along by the historically low interest rates and Maine first time home buyers entering the market.
Thanks for reading about Cape Elizabeth ME real estate. For more information please visit my website www.mymaineproperty.com or contact me directly at 207-650-5383 or john@greentreemaine.com
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