This Month In Real Estate February 2010 http://ow.ly/15qXm – 51% of all homebuying transactions are…

Because of my experience in the local Androscoggin County market it’s obvious to me the current conditions that are effecting a seller’s ability to sell their property. Understand your competition, the other properties on the market in your area and price range is critical to a home seller’s success in our area. Additionally staging a home in this market is very important. The fewer buyers in the market today are shopping for the best value in the best condition for their price range and location. Helping sellers understand this is what I feel I do best! I compile MLS data that helps a sellers understand their local market in a simple way. How many properties are they competing with in Auburn in their price range? How many properties have sold int he last 6 months in Auburn in their price range? How long on average did it take for those homes to sell? How many homes are selling a month and how many months inventory is there? On average, at what percentage of the list price did recent homes sell. How many more days have current homes been on the market than the properties that have sold. This one piece of information often reveals to home sellers why properties aren’t selling. If you’re thinking of selling a home in the Central Maine area, please contact me and I’d be happy to discuss your market’s data!

First Time Home Buyers Guide: How Much to Budget to Buy an Affordable House
http://ow.ly/10Oxa

The Federal Housing Administration will raise the minimum down payment for its least credit-worthy borrowers, the agency announced Tuesday.
The change is among a number of major changes the FHA is making to ensure its long-term financial soundness. Read the whole story hers at REALTOR® Magazine-Daily News-FHA Toughens Down Payment Rules.

See what our clients are saying about us…..”Damn it if you didn’t pull the sale off this year…” http://www.meservier.com/quote.asp?or=6

New England Horse Lovers! Winter Special! Wintertime is my favorite season to photograph horses. Schedule a photo shoot of your horses during the months of January and February and receive a 10% discount. Check out my website at http://www.carolinesamsonphotography.com

Please click on http://ow.ly/10iAU and write in Common Ties Mental Health Services in the “Greater Portland, Lewiston Auburn section to “Cast your vote” today and Matter More to the organization that matters most to you, Common Ties Mental Health Services.
The organization in each region that earns the most votes, listed or write-in, will be awarded a $5,000 grant. The remaining listed organizations are guaranteed a grant of $1,000 each. The top twenty write-in winners will each be awarded a $1,000 grant (at least two in each region).**
Bangor Savings Bank is sponsoring this annual “election” and we certainly appreciate your vote.

FHA has temporarily lifted the 90 day flipping rule.
This new waiver will be for 1 year and will begin 2/1/2010.
http://tinyurl.com/y9apm9a

Only one week left in August for http://www.MaineWaterfrontRental.com Friday 8/27/10 to Friday 9/3/10 visit website FMI – June & July open

30-year mortgage interest rates slide back below 5% following 3 weekly decreases – latimes.com – http://shar.es/aScfT