Press Releases

  • From Sotheby's International Realty,  Maine Real Estate,  Press Releases,  Real Estate News

    Sotheby’s International Realty Expands in Georgia

    PORTLAND, MAINE (September 27, 2022) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced that Sotheby’s International Realty has expanded its presence in the state of Georgia with the opening of Mountain Sotheby’s International Realty in Blue Ridge. The addition marks the Sotheby’s International Realty brand’s eighth affiliated office in the state. The office is owned by David Boehmig, president and CEO, and Jenny Pruitt, executive chairman, of Atlanta Fine Homes Sotheby’s International Realty. The new location will be led by Lisa Johnson, executive vice president and managing broker, and will service the entire North Georgia…

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  • Economic News,  Maine Real Estate,  Press Releases,  Real Estate News

    Maine Home Prices Increased Nearly 10 Percent In August

    PORTLAND, ME (September 21, 2022) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announces Sales of single-family existing homes across Maine in August dipped 9.89 percent compared to August 2021, according to Maine Listings. Values remain high in August, as the median sales price for the 1,859 homes sold reached $340,000, an increase of 9.68 percent over August 2021. The MSP indicates that half of the homes were sold for more and half sold for less. “Demand for single family homes in Maine remains strong, with more than 1,850 sold during August,” says Madeleine Hill, 2022…

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  • Boothbay Maine Real Estate,  Luxury Real Estate Agents,  Maine News,  Maine Real Estate Agents,  Press Releases

    Damariscotta Office Welcomes Colin Harvey

    FOR IMMEDIATE RELEASE 170 Main Street, Damariscotta, Maine (September 2022) Legacy Properties Sotheby’s International Realty, Maine’s leading luxury real estate company, is proud to announce Colin Harvey of Boothbay has joined the brokerage. “We are pleased to welcome Colin Harvey to our Damariscotta office, serving the midcoast from the Boothbay area to Moosehead Lake,” says Chris Lynch, President. “Colin grew up around the real estate industry in Maine and understands the tremendous value our global network, local expertise, and professional marketing bring when it comes to representing clients, whether it’s a large piece of land or a waterfront home.”

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  • Charitable Contributions,  Maine News,  Press Releases

    Sadie Yentsch Earns the Frederick W. “Rick” Griffin Scholarship Award Presented by Legacy Properties Sotheby’s International Realty

    Kennebunk and Kennebunkport, Maine (August 2022) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced today that the annual Frederick W. “Rick” Griffin memorial scholarship has been awarded to Sadie Yentsch. The Frederick W. “Rick” Griffin memorial scholarship fund began in 2015. One scholarship in the amount of $2,500.00 is awarded each year to a graduating college-bound Kennebunk High School senior. 

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  • Economic News,  Maine Real Estate,  Press Releases,  Real Estate News

    Maine Home Prices Rise 12 Percent In July

    PORTLAND, ME (August 18, 2022) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announces that home buyer interest across Maine continued at a healthy pace in July. Lower than normal for-sale inventory, however, is affecting the market. According to Maine Listings, Realtors sold 1,691 homes statewide in July, a decrease of 15.28 percent from July 2021. The median sales (MSP) price reached $354,000 in July 2022, an increase of 12.38 percent over July 2021. The MSP indicates that half of the homes were sold for more and half sold for less. “Nearly 1,700 households bought homes…

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  • From Sotheby's International Realty,  Maine Real Estate,  Press Releases,  Real Estate News

    Sotheby’s International Realty Expands in Michigan

    PORTLAND, MAINE (August 15, 2022) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced the opening of Great Lakes Sotheby’s International Realty, signifying the brand’s continued growth in the state of Michigan. The addition marks the brand’s seventh office in the state. Great Lakes Sotheby’s International Realty is owned and operated by Dean Groulx and Wendy Groulx, who bring more than 60 years of collective experience to the company. Headquartered in the city of Elk Rapids, the office will serve the greater Traverse City area in Michigan including Alden, Bellaire, Elk Rapids, Elk Lake, Lake Leelanau,…

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  • Economic News,  Maine Real Estate,  Press Releases,  Real Estate News

    Maine Home Prices Increase 16 Percent in June

    PORTLAND, ME (July 20, 2022) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announces that the housing market in Maine is beginning to feel the effects of rising interest rates. Sales of single-family existing homes declined 9.83 percent last month, according to Maine Listings. The statewide median sales price (MSP) hit $360,825 in June 2022—an increase of 16.4 percent compared to June 2021. The MSP indicates that half of the homes were sold for more and half sold for less. “Discussions with REALTORS® across Maine indicate that some are experiencing a ‘pause’ in their market areas,”…

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  • Maine News,  Maine Real Estate,  Press Releases

    Welcoming Summer Intern Allie Lynch

    FOR IMMEDIATE RELEASE Two City Center, Portland, Maine (June 2022) Legacy Properties Sotheby’s International Realty is pleased to welcome Allie Lynch as its 2022 Summer Intern. Allie is a rising junior attending Bucknell University’s Freeman College of Management in Lewisburg, Pennsylvania, pursuing a Finance Major and a Real Estate Minor.

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  • Economic News,  Maine Real Estate,  Press Releases,  Real Estate News

    Maine Home Prices Increased 14.75 Percent In May

    PORTLAND, ME (June 21, 2022) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announces that Maine home values remain high, while for-sale inventory is still a limiting factor for those seeking to purchase single-family existing homes in Maine. According to Maine Listings, the median sales price (MSP) statewide reached $350,000 in May 2022—an increase of 14.75 over May of 2021. The MSP indicates that half of the homes were sold for more and half sold for less. Sales eased 11.97 percent statewide, comparing May 2022 to May 2021. “While still historically low, during March, April, and…

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  • Luxury Real Estate Agents,  Maine News,  Maine Real Estate Agents,  Press Releases

    Portland Office Welcomes Ryan FitzGerald

    FOR IMMEDIATE RELEASE Two City Center, Portland, Maine (June 2022) Legacy Properties Sotheby’s International Realty, Maine’s leading luxury real estate company, is proud to announce Ryan FitzGerald of South Portland has joined the brokerage. “We are pleased to welcome Ryan FitzGerald to the Portland office. His experience as a real estate investor and local business owner will greatly benefit his clients along with the resources found only at Legacy Properties Sotheby’s International Realty,” says Chris Lynch, President. “It’s remarkable when our agents introduce us to a professional they want to work with on our team and Ryan is another example of that.”

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