Maine Housing offers $3,000, limited time offer, toward your first home. Effective as of Dec. 1, 2009. Go to: http://mainerealtors.com/GOGflyer.pdf

SOUTH PORTLAND (November 23, 2009) — For a fifth consecutive month, sales of singlefamily

existing homes increased dramatically in the state of Maine. Realtors sold 1,247 homes

across Maine’s 16 counties – a jump of 39.02 percent since last October. According to the

Maine Real Estate Information System, the median sales price dipped 3.51 percent in the past

12 months to $165,000. The median sales price indicates that half of the homes sold for more

and half sold for less.

The National Association of Realtors today reports a nationwide home sales increase of 21.4

percent since October 2008. The national median existing sales price of $173,100 reflects a

dip of 6.8 percent. In the regional Northeast, sales rose 27.7 percent. The regional median

sales price declined 2.6 percent to $235,400.

REALTOR Sharon Millett of Coldwell Banker Millett Realty in Auburn says, “It’s very

encouraging to see strong continued growth in sales for the past five months in Maine. Buyers

are responding positively to the first time homebuyer tax credit of $8,000 and now that it has

just been expanded to $6,500 for all buyers, we expect this trend to continue and grow.”

With the current uptick in activity, Millett says, “Buyers really want to find a home now,

which makes it the perfect time for sellers to list their property for sale.”

MAINE REAL ESTATE SALES UP 39 PERCENTSOUTH PORTLAND (November 23, 2009) — For a fifth consecutive month, sales of singlefamilyexisting homes increased dramatically in the state of Maine. Realtors sold 1,247 homesacross Maine’s 16 counties – a jump of 39.02 percent since last October. According to theMaine Real Estate Information System, the median sales price dipped 3.51 percent in the past12 months to $165,000. The median sales price indicates that half of the homes sold for moreand half sold for less.The National Association of Realtors today reports a nationwide home sales increase of 21.4percent since October 2008. The national median existing sales price of $173,100 reflects adip of 6.8 percent. In the regional Northeast, sales rose 27.7 percent. The regional mediansales price declined 2.6 percent to $235,400.REALTOR Sharon Millett of Coldwell Banker Millett Realty in Auburn says, “It’s veryencouraging to see strong continued growth in sales for the past five months in Maine. Buyersare responding positively to the first time homebuyer tax credit of $8,000 and now that it hasjust been expanded to $6,500 for all buyers, we expect this trend to continue and grow.”With the current uptick in activity, Millett says, “Buyers really want to find a home now,which makes it the perfect time for sellers to list their property for sale.”

Meservier & Associates has just launched a their new MAIN website with a whole new look. Check it out at http://www.meservier.com

Beginning December 1, 2009, the revised Gift of Green promotion will provide all MaineHousing borrowers with $2,500 – to help with down payment, closing costs, and prepaid escrow expenses, after the borrower contributes 1% of the mortgage loan amount to the transaction. Eligible home buyers need to act quickly to take advantage of the current Gift of Green offer before it changes. Loans registered on or before November 30, 2009 will receive a grant of 4% of the first mortgage loan amount, up to a max of $5,000. Loans reserved on or after December 1, 2009 receive a grant of $2,500.

Info: http://www.mainehousing.org/NEWSPressReleases.aspx?PageCMD=newsDetail&NewsID=461

Information provided by: Maine Association of REALTORS

In a press release to the media today, MREIS reports single-family existing home sales are up 22.74% in September 2009 compared with the same month in 2008.  The median sales price for September 2009 is $167,000, a decrease of 6.05% from September 2008, but an increase from $162,800 in August 2009. The press release: http://mainerealtors.com/Statistics/2009PressReleases/MaineHousingReport-September2009.pdf

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.

Great news for everyone!

Reported by MAINE ASSOCIATION OF REALTORS

Fannie Mae has toughened guidelines on 2-unit homes, trailing spouses, retirement portfolios, and more: http://bit.ly/e0q8F

Today in a press release, MREIS, Maine Real Estate Information Systems, Inc. announced that Realtors sold 1,133 homes last month. — A 13.76 percent from one year ago. The median sales price of $170,000 is down 9.57% from June 2008, but up from the May 2009 median sales price of $160,000. For the complete press release, including county level statistics for the Second Quarter, go to: http://bit.ly/tDQcR

FOR IMMEDIATE RELEASE:

Home Buyer University

Contact

Contact Person                          Julia Hixon

Company Name                         Meservier & Associates, Keller Williams Realty Mid Maine

Telephone Number                     207-784-2525

Fax Number                              207-689-9801

Email Address                           Julia@meservier.com

Web site address                       www.meservier.com

 

 

Auburn, Maine, June 22, 2009 — Meservier & Associates of Keller Williams Realty Mid Maine is launching Home Buyer University (HBU), and offering its first free HBU workshop for home buyers to learn the ins and outs of buying real estate on Saturday, July 25 from 10:00 am to 2:00 pm. at their offices located at 34 Center Street in Auburn.

HBU is designed to educate today’s buyers on relevant issues in the home-buying process. Topics include understanding today’s buying process, information on the $8,000 tax credit available to first-time home buyers, mortgage options, the value of inspections before you buy, and understanding the legal aspects of home buying. Licensed, experienced professionals in the respective fields will present the topics and a free lunch will be provided. Following classroom time, attendees will be given the opportunity to participate in a tour of local homes to apply what they’ve learned. Anyone interested in purchasing real estate including first time home buyers and renters who want to explore what the home ownership process entails will benefit from this event.  Seating is limited. For more information, to request a flyer, or to register, please call Meservier & Associates, Keller Williams Realty Mid Maine, at 784-2525.

HBU is an initiative to educate today’s consumers in purchasing real estate by providing accurate information and practical application of that information through viewing local properties for sale. Meservier & Associates is a local established real estate team lead by Sue Meservier, a top producing agent and licensed team with a combined total of over 40 years of real estate experience.

For more information, please contact Meservier & Associates, Keller Williams Realty Mid Maine, 34 Center Street, Auburn, Maine, 784-2525.