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| Maine Real Estate
News & Trends |
Greetings!
Spring is finally upon us! Even though it didn't snow since the first week of March (yes, it is a little hard to believe), we think we speak for everyone in Maine that this time of the year always offers the promise of rebirth and optimism.
When it comes to real estate, it no doubt has been difficult for both sellers and buyers. However, over the last few weeks we have seen a dramatic increase in website inquiries, serious buyers and properties under contract. Although much caution and concern still exists, we hope this new momentum is not just temporary blip or the normal seasonal aberation - but rather a sign of better times ahead. |
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2008 Cost vs Value Report  Despite home price drops in many cities across the country, remodeling projects are holding their own as a way for owners to add or preserve value.
We all know that when we make improvements to our homes, we don't typically get 100% of our investment back when we move. And certainly, we make improvements to our homes for more reasons than just the return on investment. We do it to enjoy the time we spend in our home, to keep it up to date with current trends, and to personalize it to our individual tastes.
But knowing the value of a particular project can help you properly plan and budget. Otherwise, a project stands to drain your wallet both now, and down the road at resale time. Learn More....
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Using Facebook
 Facebook is a popular online social networking site that boasts simply stagering numbers. Today, there are over 175 million active users, with 18 million updating thier status at least once a day. Surprsingly, the fastest growing demographic is those 35 years old and older.
If you're not comfortable or familiar with social media, in prevously newsletters we have tried to provide an overview of what it is and how it works. Learn More... |
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Explore Munjoy Hill
 A onetime blue-collar enclave, Portland's Munjoy Hill neighborhood has become a hot spot in Maine's biggest city. Taking up the eastern portion of the peninsula, the area features shops, restaurants, galleries and a theater, but it doesn't have the bustle of the Old Port, the sumptuous mansions of the West End or the museums of downtown's Arts District. Translation: It's just you and the locals in a vibrant, eclectic neighborhood complete with plenty of shops, dinning spots and sights to provide you with a true sense of the city. Learn More... |
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Bucking the Herd
Two of the greatest financial minds ever - Warren Buffett and the late Sir John Templeton - differed immensely in their personal styles, but agreed wholeheartedly in their approach to investing.
Both strongly eschew the herd mentality, believing that you can never beat the herd by following it. Buffett, of course, is well known for his rather blunt opinion of running with the bulls: "Be fearful when others are greedy, he says. "And greedy only when others are fearful." Similarly, Sir John was famous for cautioning investors to sell at the moment of maximum risk and buy at the point of maximum opportunity. He believed in paying close attention to the market's emotional continuum before investing. Learn More... | |
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Thank you for taking the time to read our newsletter. We hope you found it both entertaining and informative. As with everything we do we constantly strive to set a standard of professionalism uncommon in our industry.
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 Sosnowski
Maine Home Connection |
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