Archive for Portland Maine Real Estate

Home For Sale – 20 Eastlawn Road, Portland, Maine 04103

About 20 Eastlawn Road, Portland, Maine 04103

Nicely renovated, open concept ranch that offers a beautiful granite kitchen, stainless steel appliances, custom tiled bathroom, oversized master bedroom with generous closet space and hardwood floors throughout. In addition to having a large rear yard with a patio and shed, the neighborhood is peaceful and offers easy access to all that Portland has to offer. Great opportunity for first time home buyers or those looking to downsize and enjoy first floor living.

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Home For Sale – 28 Vermont Avenue, Portland, Maine 04105

About 28 Vermont Avenue, Portland, Maine 04105

Adorable and turnkey North Deering home – nothing left to update or replace. 1st floor master bedroom with huge closet (formerly the 4th BR), beautiful decorative fireplace, large granite kitchen with ss appliances opens to dining area. Brand new furnace, roof, kitchen, baths, painting all 4 years old. Lovely backyard.

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Home For Sale – 102 Vaughan Street, Portland, Maine 04102

About 102 Vaughan Street, Portland, Maine 04102

A historic West End John Calvin Stevens home has lovingly and meticulously been renovated into the Philip J Deering two unit Condominium Association and is now being offered to the market for the first time. There are incredible period features restored throughout the unit while incorporating high efficiency heating and cooling, programmable thermostats, new insulation, new wiring, new plumbing and sprinkler and security systems. Large, light filled rooms with high ceilings, beautifully refinished hardwood floor, original molding and hardware were retained throughout the home.This condo offers a private grand entrance with incredible foyer and original interior glass door which opens to the large living/dining room with tray ceiling, hardwood floors and a wood burning fire place. Sitting across from the living/dining room is a gourmet kitchen with high end appliances, Maine granite counter tops, hardwood floors, custom cabinets and a large pantry. There is also an adorable powder room and a lovely side entrance. The side entrance opens to a private yard which is exclusive to this unit, as well as the brick walk way which leads to the shared garage for one car parking and the driveway which is located off a private ally in the rear of the home. This unit also boasts a 966-square foot, daylight basement offering an endless amount of storage or possible playroom. The winding open staircase with stunning original stain glass window and built in mahogany bench lead to the second floor. On the second floor, you will find the master bedroom suite with walk in closet, second smaller closet and the on-suite master bath with free standing soaking tub, glass and tile shower and a dual vanity. There is also a library with original pocket doors and gas fireplace that could be used as a possible fourth bedroom and a cheerful, sun- filled laundry room rounds out the second floor. The third floor which is accessed by the open staircase from the second floor provides two large guest bedrooms both with walk in closets and a shared full bath with glass and tile shower. This unique and historic gem with all the latest amenities make the ease of owning a condominium a joy. The Philip J Deering Condominium is located within walking distance to Portland’s many restaurants, museums, shops and galleries.

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Home For Sale – 180 Washington Avenue, Unit #1, Portland, Maine 04101

About 180 Washington Avenue, Unit #1, Portland, Maine 04101

Premier condo development with sophisticated design, highest end finishes, all leading edge electronics, with unobstructed sweeping views of Back Cove & the city, Mt. Washington and beyond. Prime elevated location on the peninsula offers the opportunity to be one of the first buyers for this 3-unit building. Each offers 2-car garage with direct unit access from elevator and a private large 34′ x 7.5′ covered deck to an expansive 180 degree view.

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Home For Sale – 537 Congress Street, Unit 510, Portland, Maine 04101

About 537 Congress Street, Unit 510, Portland, Maine 04101

A ” Manhattan-like”” hip condo conveniently located in the heart of Portland’s art district. Near restaurants, shopping, the Portland Museum of Art and much more. Well-established, secure building. No HOA fees and covered parking available with entry to building. Peaceful get away for full time residence or a place to crash when visiting the city! Moments away from Portland’s Waterfront and ten minutes to the jetport.

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Home For Sale – 22 Carroll Street, Unit #4, Portland, Maine 04102

About 22 Carroll Street, Unit #4, Portland, Maine 04102

West End classic! Lovely, light-filled 2 bedroom, 2 bath condo located in the historic McLellan School featuring soaring beamed ceilings, exposed brick walls, and huge windows! This unique home offers 2 level living with bed and bath on each floor, a den/office on the second level along with a washer/dryer. This unit also has a huge storage room in the basement and there is a walkway from the parking area through a garden patio area into the building. Excellent opportunity to own this special property!

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Home Prices Up Across the Country

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Keeping Current Matters

New Listing – 110 Sheridan Street, Portland, Maine 04101 – Maine Real Estate

110 sher

 

About 110 Sheridan Street

Rare buildable lot with sweeping views of downtown & Back Cove. Build the home you’ve been dreaming of in the burgeoning East End. Western exposure provides owner with beautiful sunsets. Walk down the street for your morning coffee. Make plans to meet friends at one of the neighborhood eateries. Close to 295, restaurants, grocery, parks, & East End Beach. R-6 zoning with option for a single or two family residence. Great investment/development opportunity. Full survey available.

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Sheilah Lloyd Joins Legacy Properties Sotheby’s International Realty’s

Sheilah Lloyd Maine Real Estate AgentPortland, Maine (February 14, 2017)— Legacy Properties Sotheby’s International Realty, Maine’s  leading Luxury Property company, is proud to announce Sheilah Lloyd has joined its team of  Maine real estate professionals as an Assistant Vice President.  

Sheilah, a long-time Cape Elizabeth resident, has joined the Portland Office of Legacy Properties Sotheby’s International Realty.  She is a graduate of Cape Elizabeth High School and Phillips Exeter Academy,  Vanderbilt University (B.S.), and the University of New Hampshire (M.S.).  Prior to entering the real estate profession, Sheilah was a Speech Pathology practitioner for more than a decade.  She will be focused on serving the Greater Portland real estate market in conjunction with her business partner Mary Libby, Senior Vice President.

“Sheilah brings great energy and enthusiasm to the real estate brokerage world” says Christopher Lynch, President of Legacy Properties Sotheby’s International Realty.  “She has already hit the ground running as the momentum is building for another strong spring market.”

In her free time, Sheilah enjoys spending quality family time with her two children.  She loves the active outdoor lifestyle Maine offers.  You will find her walking her very energetic dog around town, jogging on the town trails and roads, or on the ski slopes when time permits.

“I am so excited to join Legacy Properties Sotheby’s International Realty” says Sheilah.  “I have been very impressed with the agents, the staff and the incredible marketing opportunities available to me.  I feel fortunate to be associated with such a strong group of real estate professionals.”

Sheilah Lloyd can be reached at the office at 207-780-8900, by cellular phone at 207-239-2929 and by e-mail at SLloyd@Legacysir.com.

Lack of Homes for Sale Slowing Down the Housing Market

Lack of Homes for Sale Slowing Down the Housing Market | Keeping Current Matters

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again.

However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. While buyer demand looks like it will remain strong throughout the winter, supply is not keeping up.

Here are the thoughts of a few industry experts on the subject:

National Association of Realtors

“Total housing inventory at the end of December dropped 10.8%…which is the lowest level since NAR began tracking the supply of all housing types in 1999. Inventory has fallen year-over-year for 19 straight months and is at a 3.6-month supply at the current sales pace.”

Jonathan Smoke, Chief Economist for Realtor.com

“More than two-thirds of the markets are seeing less inventory now compared to a year ago.”

Lawrence Yun, Chief Economist at NAR:

“The dismal number of listings in the affordable price range is squeezing prospective first-time buyers the most. As a result, young households are missing out on the wealth gains most homeowners have accrued from the 41% cumulative rise in existing home prices since 2011.”

Sam Khater, Deputy Chief Economist at CoreLogic

“The lack of affordable supply is really driving up home prices.”

Peter Muoio, Chief Economist at Auction.com

“Tight housing inventory remains a constraining factor limiting stronger sales growth…

We expect further price growth to entice more homeowners to list their homes, particularly as existing homeowners have greater equity.”

Bottom Line 

If you are thinking of selling, now may be the time. Demand for your house will be strong at a time when there is very little competition. That could lead to a quick sale for a really good price.

 

Keeping Current Matters