Maine Home Connection

December 2008 

Maine Real Estate News & Notes

 
  Laura & Michael Sosnowski
In This Issue
Maine Living
Short Sales
Smart Home Design
Missing the Rainbow
Quick Links
 
Maine Living 
Christmas in Maine
From its humble beginning in 1982 as a local tree lighting ceremony, the annual Christmas Prelude has become a true Maine holiday celebration of community and the holiday season.
 
Featured Sponsor
J P Henderson Insurance
 
Family owned insurance agency established in 1981 representing several top companies.  It would be our pleasure to quote and compare all lines of insurance at your convenience. 
 
Call (207) 799-1586 or stop by our office at 975 Broadway, South Portland
 
Visit Their Website 
 
Maine Real Estate
News & Trends 
Greetings!
 
As both the politicians and the pundits attempt to triage our ailing economy, most agree that fixing the broken housing market is a top priority. While our local market has already corrected itself considerably, it is our belief that 2009 will continue to show steady improvement. During the last several months we have found that buyers are focusing on value and location - two key criteria that have always driven the real estate market.
Short Sales 
Real Estate Short SalesAlthough Maine has escaped most of the financial crisis, lenders are still facing a severe liquidity dilemma as the number of foreclosures continues to rise.
 
As a result, more banks and other financial institutions are becoming amenable to a short sale by the borrower to prevent the property from becoming a real estate owned asset. [Learn More...]
Smart Home Design
Smart Home DesignWhen you're not home, nagging little doubts can start to crowd your mind. Did I turn the coffee maker off?  Did I set the security alarm? Are the kids doing their homework or watching television?

With a smart home, you could quiet all of these worries with a quick trip online. When you're home, the house takes care of you by playing your favorite song whenever you walk in or instantaneously dimming the lights for a movie. Is it magic? No, it's home automation. Smart homes connect all the devices and appliances in your home so they can communicate with each other and with you. [Learn More]...
Missing The Rainbow
Missing the Rainbow
Not even the sharpest financial minds can predict with any sort of precision when the nation's real estate markets will recapture the momentum needed to shore-up eroding home prices. One can, however, be reasonably certain that the housing market's comeback will be a major priority, if not the top priority, of the next administration in Washington. For while no two politicians or financial pundits seem to agree on the best plan for solving the global financial crisis, most believe it needs to start by addressing the root cause of the meltdown. [Learn More]...  
Thank you for taking the time to read our newsletter.  We hope you found it entertaining and informative.  We would also like to take this opportunity to wish you the best this holiday season.

If we can provide you, or anyone you know, with real estate services, we are only a phone call or email away. 

Sincerely,
 
Michael & Laura SosnowskiMaine Real Estate News Blog
Maine Home Connection
For the latest in local Maine real estate news and notes, please visit our blog, MaineRealEstateNews, which is updated several times per week.  Our Market Watch is an automated search feature that will send you email alerts of properties that match your home buuying requirements.  It is linked directly to the MLS and includes ALL properties for sale in Maine.