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November 24, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Orono, Maine

Reported by Jay Peavey, Associate Broker

Updated October 1, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Buyers & Sellers!!

This area is nothing like the national news is saying about real estate!! Interest rates have never been lower and inventories are fantastic!!
Go Black Bears!! Go UMO !! Go Buyers and Sellers!

Buying or Selling?? Buyers and Sellers...Take Note!!
Consider this fabulous area! Thanks for reading my newsletter; I really appreciate it!! Please read on...Inventory is UP! Interest rates remain low too!

Orono is home to the University of Maine Black Bears and home to many very satisfied citizens. The community of Orono is a great place to live and reside and enjoy the social activities that this town provides.This town supports its university teams and continues to provide a good quality way of life for everyone. Friendly and peaceful are two great ways to describe this area! Larger neighboring towns are Bangor and Old Town.

Home sales are on the rise and new homes are being constructed all the time. Buyers are happy to be purchasing in this town and sellers are experiencing record highs in home pricing. Homes sell fast in this town; this is a high demand area...

I am very familiar with this area and would be happy to help with any questions you may have about the community. I look forward to working with you on your property needs.

I look forward to hearing from you! Maine; the way life should be!!



ZIP Code: 04473

Location Characteristics: Home of the University Maine Black Bears! Go MAINE!

For More Information:

View Market Conditions of other areas served by Jay Peavey

Navigate: Top > Maine > Orono

About Jay Peavey:
I specialize in representing my clients in the purchases and sales of single-family residences and income property within a forty minute radius of the cities of Bangor, Brewer, Holden, Dedham, Glenburn, Veazie, Hermon, Orono, and Hampden. I keep current of all transactions in these areas, and I'm also very knowledgeable in the design and construction of all residential properties.



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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