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Issue: December 2014
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Happy Holidays!

We hope this message finds you in a festive mood......and of course completely prepared for the holiday season!

Although home sales were decidedly slower in November, it looks like Maine will show growth for 2014.  In Cumberland County single family home sales are up 5.9% YTD and statewide sales are up 7.8%.  Homes under contract at the end of November 2014 were higher than November 2013, indicating that December should be a good month, although not quite as strong as December 2013. 

Median pricing has not demonstrated the same overall improvement this year.  The YTD median price in Cumberland County is $244,000 compared to $242,000 in 2013.  Statewide the median price of $174,000 has actually decreased marginally from $175,000 in 2013.  These results, however, vary significantly by town, especially in southern Maine.  For example, prices in Falmouth are up 10.7%; Portland up 2.1%; and Scarborough are down .5%. 

Each month complete sales results are available on our website and we will be completing our annual market review as soon as complete information is available in early January.  

As the year draws to a close, we also would like to thank everyone for their continued support.  It is greatly appreciated.

 
Sincerely,

Laura & Michael Sosnowski
New Mobile Version

We are constantly working on new things for our website.  One of our most recent introductions is a new mobile version. Conveniently, no app is required to download.  All you need to do is visit us at  - MaineHomeConnection.com - our normal web address.

The site is simple to use and navigate and focused on property search.  You can access an interactive map that will locate your position and show you homes in the area.  You can also conduct a more detailed home search, create a saved search and access your account.

There are also several pre-arranged searches set up by town and waterfront.  Below are some images.  If you want to view the full site, that is also is available.
Interactive Sales Reports

We have been experimenting with some new software (Tableau Public) that we hope will take our monthly sales reports to a new level. Currently, we update home sales and prices each month by town using standard bar charts and data tables.  

We are publishing our first interactive sales report this week using Portland as a test.  The page, Portland Sales Reports, features a more visual presentation of historical data.  It includes three years of prices, unit sales, inventory and % of list price.  Additionally, you can access 3 month moving averages - thus providing a smoothing factor.

We will be completing these reports for most of the towns in the Greater Portland area in 2015 and publishing them on our website. 
Home Search Improved

"Information on the Internet is subject to the same rules and regulations as conversation at a bar" -  George Lundberg

With more than 90% of all real estate searches starting on the web, it is imperative to grow with the trends, or be left behind. We are constantly looking for ways to stay ahead of the curve in our local market. One primary example is our constant commitment to providing the very best online home search tools in Maine.

We have recently introduced a new online feature that allows visitors to search for homes in several different way.  One option is an interactive map that dynamically displays properties on a map.  You can also use a very detailed advanced search, as well as finding properties by address and MLS ID.  No matter which alternative you choose, the property results are delivered lighting quick – are always accurate and up-to-date.

Once you create an account (no password required), email updates can be delivered directly to your inbox.
Click video to view Laura's overview of the Home Search
Holiday Gift Giving

Just the other day we came across an article by Andrew Sobel, who is a leading authority on the strategies and skills required to build trusted business relationships.

Over the last 15 years he has interviewed over 1,000 corporate executives about their most trusted consultants and strategic suppliers. He has had the rare opportunity to explore what it takes to earn a seat at the table  - and how it was accomplished.

Below is a brief recap of the article highlighting eight of the most important characteristics.  If you have a few moments (about six minutes), you can read it in its entirety at: Essential Gifts Clients Wish You Gave Them.
  • Always be a trusted advisor, even when you're not earning fees.
  • Help clients think about their problems differently.
  • Assist clients to better understand how to address a specific challenge.
  • Price is a secondary consideration in choosing someone to trust and work with.
  • Ask thoughtful, informed questions based on deep experience and careful preparation.
  • Help clients understand and manage the change that is required.
  • Make it easy for others to work with you.
  • Demonstrate that you care and that you’re engaged.
Developing deep and meaningful relationships is important to any business.  Perhaps you might find these ideas helpful as we approach 2015.
About Maine Home Connection

At Maine Home Connection, we believe that clients deserve more – more expertise, more care and more focus.  Our dedication to delivering exceptional service is at the core of overall business philosophy. We are committed to aligning our goals and activities with the aspirations of our clients, with the result being a collaborative competitive advantage that endures beyond the current transaction.

We are......Seriously Local
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Maine Home Connection
19 Commercial St | Portland ME 04101 | 207.517.3100
 
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