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 values....Of course each property and each situation is unique.
ZIP Code: 04046 Location Characteristics: Kennebunkport is a town in York County, Maine, United States. The population was 3,720 at the 2000 census. It is part of the Portland-South Portland-Biddeford Metropolitan Statistical Area.
The town center located along the Kennebunk River, approximately 1 mile (1.6 km) from the mouth of the river on the ocean. Historically a shipbuilding and fishing village, for well over a century the town has been a popular seaside tourist destination. Kennebunkport has a small district of souvenir shops, art galleries, seafood restaurants, and bed and breakfasts. Its reputation as an upscale community comes from the numerous large seaside estates along Ocean Avenue and other coastal thoroughfares. In the summer months, many wealthy people from across the Northeast vacation in Kennebunkport and nearby Goose Rocks Beach. It is regarded as one of the most expensive vacation areas in the Northeast. During the fall, Kennebunkport is a frequent stop for tour buses showing visitors the famous New England fall colors.
Kennebunkport and neighboring Kennebunk comprise Maine School Administrative District 71.
Kennebunkport is known as the location of the summer home of former U.S. president George H. W. Bush, father of former U.S. president George W. Bush. First built by Bush's grandfather George Herbert Walker, it has been a family home ever since, and has been owned by Bush since shortly after he became Vice President in the 1980s. During his presidency, Bush often invited world leaders, from Margaret Thatcher to Mikhail Gorbachev, to Kennebunkport. In 2007, his son George W. Bush invited Vladimir Putin and Nicolas Sarkozy.
About Bruce Edgerly:
It is my goal as your full service real estate company specializing in the Ogunquit, York, and adjacent areas in Southern Maine, to provide you with superior service at all times. My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources I offer.
I am a life-long resident of Maine. I have owned and operated a coastal property rental business in Ogunquit and Wells for several years. I am a licensed real estate agent and also holds a Bachelor of Science Degree from the University of Maine at Fort Kent.
I am very familiar with York County and the Maine real estate climate in general. This knowledge will help me obtain the best price for your home or the most-fairly-priced property in the best location for you and your family.
Looking to buy Southern Maine Real Estate? BruceEdgerly.com is your one stop source to all your real estate needs. I, am an Ogunquit Real Estate RealtorŪ with years of experience in helping people find new homes in Ogunquit and in surrounding areas. I, as your professional RealtorŪ, can provide you with Southern ME real estate listings for Single Family Houses, Townhomes, Condos, Contels and other types of properties.
If you are looking to sell your Southern Maine Home, I will provide you with a Free Market Analysis (CMA) on your house-empowering you to know your house's value. I as your Southern ME RealtorŪ will help you with the home buying or home selling processes every step of the way.
Call me today at 207-450-6513 for a showing or for your free CMA.
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