" " " Maine's Waterfront Real Estate News: May 2010

Sunday, May 30, 2010

Maine Home Sales Up 62% in April

SOUTH PORTLAND (May 24, 2010) - Sales of Maine single-family existing homes rose 62.95 percentin April 2010 compared with April 2009.

According to the Maine Real Estate Information System, (MREIS), Realtors sold 994 homes in April 2010; and the statewide median sales price (MSP) forhomes sold increased 3.41 percent to $165,450 from April 2009. The median sales price indicates
that half of the homes were sold for more and half sold for less.

The end of the federal home buyer tax credit contributed to strong sales figures in April 2010.

The National Association of Realtors (NAR) reports a 20.5 percent nationwide increase in singlefamilyhome sales in the same time period. The national MSP rose 4percent to $173,400 in April.In the regional Northeast, sales were up 41.6 percent and the MSP of $243,000 reflects an increase of2.1 percent.

Sunday, May 2, 2010

A Very Special Downeast Coastal Contemporary Home

A lovely, contemporary home on a quiet, protected, deep water bay opening to the Atlantic Ocean -- perfect for mooring a boat for exploring the many islands, bays and villages of the Downeast coastline. The waterfront of this 2 acre parcel includes a small sand beach plus tide pools to explore. Nearby is a lobsterman's wharf where you can sometimes get fresh seafood for a Maine-style dinner, and a ferry to Bar Harbor for a nice days outing is just 20 minutes away. The home features a huge stone fireplace, an open floor plan with cathedral ceilings, hardwood floors, a sun room and 3 decks with ocean views Check the VIRTUAL TOUR of this outstanding property at http://www.realtourvision.com/tour/RE/rst.view.new.php?utl=RE-4029-BY79GO-02&opt=4


Waterfront Properties of Maine
Website: www.WaterfrontPropertiesOfMaine.com