Were seeing more activity at the top end of the real estate market as we make our way into the fall season, with more inquiries, more showings, and more offers. Sales statistics for the market above $800,000 show that there have been slightly more sales to date than there were at this time last year; sales above $1,000,000 are slightly down [...]
Terry Sortwell in our Camden, Maine real estate office offers his perspective on a recent Economist piece.
This graph representing the economic policy uncertainty index appears in an article in the latest Economist magazine. Historically, when the uncertainty index has been below the average of 100, we have had a strong real estate market at the upper end--i.e., 1992 to 2000; 2002; and 2003 to [...]
2012 was a year of exceptional activity in the luxury real estate market in New England due to a combination of pent-up demand, price reductions, low interest rates, and concern about changes in capital gains [...]
MIDCOAST MAINE REAL ESTATE REPORT, MARCH 2013
We have begun the new year with a renewed feeling of optimism about the high-end real estate market in Maine. A slight increase in sales statewide, some robust activity in select regions, and a shift in media commentary all have us feeling more positive about the direction of real estate on the [...]
was featured in Barrons as one of Americas Best Retreats. The article notes a trend of buyers fleeing high-tax states to purchase real estate in low tax states. If you are looking to park your money, why not look at a tangible asset such as real estate in Mount Desert or Blue Hill, Maine? There are few investments that [...]
The South Shore of Massachusetts is a geographic region stretching south and east from Boston toward CapeCod along the shores of Massachusetts Bay and Cape Cod Bay. It is subject to varying descriptions but is typicallythought to include municipalities in eastern Norfolk and Plymouth counties. For our purposes, we look at theregion as all [...]
According to the Boston Globe, some of today's top buyer and seller real estate markets in the Boston area include Andover, Duxbury, and Wayland. LandVest works with both buyers and sellers in these top markets:
DUXBURY:
In the high-end market of Duxbury ($1M+) Terry Boyle, LandVest's South Coast Regional Director, has achieved the #1 broker position, having the highest gross sales in [...]
Usually LandVest publishes a High-End Market Watch report every quarter, but the stellar market performance through Labor Day is worth reporting. At the $2,000,000 plus level, there were 45 residential sales compared to 27 at the same time last year. Traditionally, the [...]
Middlesex County, Massachusetts, is the most populous county in New England and is located west and northwest of Boston. It contains some of the wealthier towns in Massachusetts and was recently ranked 10th in the country in terms of the number of millionaires. It includes urban, suburban, and rural areas reaching from urban Cambridge, home [...]
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