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Maine Home Sales Post Double Digit Gain in March
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FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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Maine Home Sales Post Double Digit Gain in March
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Maine Home Sales Post Double Digit Gain in March

May 4, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums continued to climb in Maine during March and were higher year-over-year for the ninth consecutive month according to the latest housing data from the Maine Association of Realtors® (MAR).

An estimated total of 731 existing single-family homes and condos were sold in the Pine Tree State in March. That was 17.1 percent higher than the 624 homes sold in February and 13.2 percent higher than the 646 homes sold in March 2011. It was ninth consecutive month that home sales have improved year-over-year.

The average sales price for an existing home in Maine increased by 7.4 percent in March to $160,000, up from $149,900 in February and was 0.2 percent higher than the median price of $159,700 in March of last year.

Of the 16 counties that provide data for the monthly report, twelve of the counties reported gains in home sales in latest rolling quarter with Lincoln (+53.7%), Washington (+50.0%), Aroostook (+47.7%), Somerset (+28.3%), and Androscoggin (+26.2%) reporting the largest increases.

Piscataquis (-26.2%), Franklin (-9.8%), Waldo (-3.9%) and Knox (-2.99%) posted the only declines in annual sales.

Cumberland County recorded the most sales during the latest rolling quarter with an estimated 480 home sales, up from 475 the previous month, while York County followed with an estimated 338 home sales, up slightly from 336 in February.

Year-over-year, six counties posted an increase in their average prices led by Aroostook (+16.2%), Waldo (+15.8%), Androscoggin (+9.1%), Kennebec (+4.9%), and Penobscot (+2.8%).

Franklin (-33.6%), Washington (-32.9%), Piscataquis (-21.1%), Knox (-15.8%), and Oxford (-15.1%) posted the largest declines in year-over-year average home prices.

Tags: existing homes, condos, sales, median home prices, Maine

Source:
MAR

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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A NEW CAR?

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COULD SAVE YOU THOUSANDS.
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HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
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YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

May 4, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums continued to climb in Maine during March and were higher year-over-year for the ninth consecutive month according to the latest housing data from the Maine Association of Realtors® (MAR).

An estimated total of 731 existing single-family homes and condos were sold in the Pine Tree State in March. That was 17.1 percent higher than the 624 homes sold in February and 13.2 percent higher than the 646 homes sold in March 2011. It was ninth consecutive month that home sales have improved year-over-year.

The average sales price for an existing home in Maine increased by 7.4 percent in March to $160,000, up from $149,900 in February and was 0.2 percent higher than the median price of $159,700 in March of last year.

Of the 16 counties that provide data for the monthly report, twelve of the counties reported gains in home sales in latest rolling quarter with Lincoln (+53.7%), Washington (+50.0%), Aroostook (+47.7%), Somerset (+28.3%), and Androscoggin (+26.2%) reporting the largest increases.

Piscataquis (-26.2%), Franklin (-9.8%), Waldo (-3.9%) and Knox (-2.99%) posted the only declines in annual sales.

Cumberland County recorded the most sales during the latest rolling quarter with an estimated 480 home sales, up from 475 the previous month, while York County followed with an estimated 338 home sales, up slightly from 336 in February.

Year-over-year, six counties posted an increase in their average prices led by Aroostook (+16.2%), Waldo (+15.8%), Androscoggin (+9.1%), Kennebec (+4.9%), and Penobscot (+2.8%).

Franklin (-33.6%), Washington (-32.9%), Piscataquis (-21.1%), Knox (-15.8%), and Oxford (-15.1%) posted the largest declines in year-over-year average home prices.

Tags: existing homes, condos, sales, median home prices, Maine

Source:
MAR

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

May 4, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums continued to climb in Maine during March and were higher year-over-year for the ninth consecutive month according to the latest housing data from the Maine Association of Realtors® (MAR).

An estimated total of 731 existing single-family homes and condos were sold in the Pine Tree State in March. That was 17.1 percent higher than the 624 homes sold in February and 13.2 percent higher than the 646 homes sold in March 2011. It was ninth consecutive month that home sales have improved year-over-year.

The average sales price for an existing home in Maine increased by 7.4 percent in March to $160,000, up from $149,900 in February and was 0.2 percent higher than the median price of $159,700 in March of last year.

Of the 16 counties that provide data for the monthly report, twelve of the counties reported gains in home sales in latest rolling quarter with Lincoln (+53.7%), Washington (+50.0%), Aroostook (+47.7%), Somerset (+28.3%), and Androscoggin (+26.2%) reporting the largest increases.

Piscataquis (-26.2%), Franklin (-9.8%), Waldo (-3.9%) and Knox (-2.99%) posted the only declines in annual sales.

Cumberland County recorded the most sales during the latest rolling quarter with an estimated 480 home sales, up from 475 the previous month, while York County followed with an estimated 338 home sales, up slightly from 336 in February.

Year-over-year, six counties posted an increase in their average prices led by Aroostook (+16.2%), Waldo (+15.8%), Androscoggin (+9.1%), Kennebec (+4.9%), and Penobscot (+2.8%).

Franklin (-33.6%), Washington (-32.9%), Piscataquis (-21.1%), Knox (-15.8%), and Oxford (-15.1%) posted the largest declines in year-over-year average home prices.

Tags: existing homes, condos, sales, median home prices, Maine

Source:
MAR

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

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