SUMMERTIME IS HEATING UP!

After all the rain we've had in June and July, August 1st dawns with lovely blue skies and sunshine! I hope an indicator of warm summer days to come. The rainy real estate climate has been changing too! More buyers are out looking at homes and with the large inventory of homes on the market, they should be able to take their pick of great homes in exceptional price ranges. Interest rates are still low and with reasonably good credit, a loan isn't difficult to find.

Take into account the $8000 tax credit and the MSHA $5000 grant to first time home buyers and we can see some buyers rushing in to take advantage of these programs. These programs are expiring soon - so if you know someone who should be buying a home soon - have them call me right away.


Right now in our area, The statistics regarding single family home sales since July 1, 2009 are as follows:



Cornish: 13 Current Listings
0 Pending
2 Sold (Median* sold price: $126,750)

Limerick: 47 Current Listings
7 Pending
1 Sold (Median sold price: $135,000)


Newfield: 41 Current Listings
7 Pending
3 Sold (Median sold price: $155,000)


Parsonsfield: 32 Current Listings
3 Pending
1 Sold (Median sold price: $45,000)


Limington: 43 Current Listings
9 Pending
3 Sold (Median sold price: $147,250)


Standish: 100 Current Listings
21 Pending
8 Sold (Median sold price: $185,788)


Baldwin: 16 Current Listings
1 Pending
1 Sold (Median sold price: $1,058,311)


Porter: 18 Current Listings
1 Pending
1 Sold (Median sold price: $275,000)

Hiram: 26 Current Listings
4 Pending
1 Sold (Median sold price: $140,000)

Waterboro: 121 Current Listings
28 Pending
10 Sold (Median sold price: $140,000)



*the median price indicates that 1/2 sales occured above this amount and 1/2 below.