New homes sales increased to a seasonally adjusted annual rate of 713,000, up from a revised 666,000 in July.
home sales
Posted inBusiness, Maine
Majority of home shoppers interested in Portland come from out of state
Many big-city dwellers, particularly millennials and those with a connection to Maine, are looking for more affordable areas such as Portland to settle down and raise their families.
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Posted inBusiness, Maine, News
Maine home sales set a record in 2018, and they’re not far off the pace this year
Through August, the total number of sales was less than 1% below the first eight months of 2018 – the state’s best sales year ever.
Posted inBusiness, Nation & World
Trump administration releases plan to revamp the housing market
A key component of the plan is to privatize Fannie Mae and Freddie Mac, which back half of the nation’s mortgages.
Posted inBusiness
Maine home sales flat, prices up slightly in July
The median sale price of existing single-family homes in Maine increased by about 2 percent compared with a year earlier.
Posted inBusiness
Maine home sales down, prices up in June
Sales of existing single-family homes in Maine fell by 7 percent in June from a year earlier, but the median sale price of homes increased by 5 percent.
Posted inBusiness, Maine, Uncategorized
New numbers show spring rebound continued in May for Maine home sales
Home sales increased by 6.3% and the median price was up 4.6% from a year earlier.