Archive for September, 2015

Home Sales and Values Up according to latest industry report

Tuesday, September 22nd, 2015

Portland, Me:  Home sales in Maine rose by 6.89% in August when compared to the same month last year. The average sales price of homes was also up – the median sales price (MSP) stood at $187,000, a 4.91% increase on August of 2014. The latest figures are contained in a report released by Maine […]

Interesting on interest rates

Sunday, September 20th, 2015

PORTLAND, ME: As interest rates have hovered around historic near record lows for the last few years both buyers AND sellers have felt the benefit. For buyers, a low fixed rate 30-year mortgage means they will be able to afford the most home for their money. For sellers, greater affordability translates potentially into higher asking/sales […]