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Article: Maine Vacation Homes, Sales Prices Held Steady During 2008, Says RE/MAX of New England.
- Article from:
- Real Estate Weekly News
- Article date:
- January 30, 2009
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Oceanside vacation homes maintained their sales pace in 2008 in Maine, though the state did not escape the downward push in home sales that hit New England and the nation, according to the 2009 New England Housing Market Outlook, presented by RE/MAX of New England. For a full report, please contact Regan Communications Group.
Unit sales dropped 21 percent in 2008, with 3,068 fewer houses changing hands than in 2007. Of the New England states, only Connecticut had a steeper home sales drop, at 25 percent. Sales prices in Maine decreased in 2008, at about the same level as other New England states, at nine percent.
Jay Hummer, Executive Vice President of ...