Town Of Kennebunkport (Kennebunkport, ME)
By Bruce Edgerly
(Ogunquit Sunrise Properties)
Prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far..Overall many properties are closing at 15% under the accessed val...
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By Bruce Edgerly
(Ogunquit Sunrise Properties)
June 2008 and buyers are still holding out........prices have come down and interest rates are still doing well...but buyers know that it is a buyers market and are expecting to benefit from it....Where many properties were selling 3 years ago 15% above assessed value...today properties are selling either at or just under the assessed value....Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Many sellers today are having to go to closing with some cash in order to clear title...Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....It ...
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By Bruce Edgerly
(Ogunquit Sunrise Properties)
Bruce Edgerly | Ogunquit Sunrise Properties | 207-450-6513 39 Clement Huff Road, Kennebunkport, ME Great Home, Great Location, Great Price PRICE REDUCED.............TO SELL 4BR/2.5BA Single Family House offered at $299,000 Year Built 2003 Sq Footage 1,975 Bedrooms 4 Bathrooms 2 full, 1 partial Floors 2 Parking 4 Uncovered spaces Lot Size 1 acres HOA/Maint $14 per month DESCRIPTION Short walk to Cape Porpoise Village, and Harbor...Home features dining rm, study with French Doors, 2.5 baths, new well & septic, walk-out basement, lrg farmer's porch, filtered water system, 2 decks, Birch Floors etc. see additional photos below PROPERTY FEATURES Walk-in closet Hardwood floor Living room Office/Den Dining room Dishwasher Refrigerator Stove/Oven Basement Laundry area - inside Balcony, Deck, o...
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By Bruce Edgerly
(Ogunquit Sunrise Properties)
It is now 2008 and buyers are realizing that it is now or never....prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far...
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By Bruce Edgerly
(Ogunquit Sunrise Properties)
Market Conditions for Kennebunkport, MaineReported by Bruce Edgerly, REALTORUpdated October 23, 2007. Current Market Rating: 112345Buyer'sSeller'sCurrent Price Trend: 212345FallingRisingThough the market has gotten weaker in some areas...properties closest to the ocean are still moving...Summer of 2007 even exceeded that of 2006...Buyers are still looking and know that this is the time to be buying before the market bounces back to the sellers court. It is now fall 2007 and calls are still coming in which leads me to believe that 2008 should be even better. Though the market has dropped drastically in other states, Maine is holding its own and sales have increased since 2006. This is a very good sign for Southern Maine Real Estate. It appears that buyers are trying to lock in to their s...
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Kennebunkport, ME Real Estate Professionals