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Maine’s roller coaster home prices drop one month after record high
Home sales in Maine dropped 11.6% to about 1,160 in November due to mortgage delays from a 43-day federal shutdown, the Maine Association of Realtors reported.
Summary by Portland Press Herald
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4 Articles
Lewiston Sun Journal+2 Reposted by 2 other sources
Maine’s roller coaster home prices drop one month after record high
The median home sold for $399,000 in November, the state's first sub-$400,000 median since March.
·Lewiston, United States
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Maine home sales plummeted during federal shutdown
Maine saw a dramatic drop in home sales in November thanks, in part, to the 43-day federal government shutdown. Buyers closed deals on 1,160 homes in November, an 11.6% drop, compared with the 1,312 sold in November 2024, according to the Maine Association of Realtors. Meanwhile, the median sales price for a Maine home rose about 3.6% to $399,000, compared with $385,000 in November 2024. But that marked a 6.3% drop from this past October. Jeff H…
·Bangor, United States
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Total News Sources4
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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