Real Estate News

  • Maine Real Estate,  Real Estate News

    Sotheby’s International Realty Expands to Poland

    Sotheby’s International Realty today announced the opening of Poland Sotheby’s International Realty, signifying the brand’s 194th office in Europe. The company is headquartered in the prestigious Europejski building in Warsaw’s prime City Centre and will service the districts of Śródmieście, Mokotów, Wilanów, and beyond. Poland Sotheby’s International Realty is headed by Paulius Gebrauskas, who brings more than a decade of real estate experience to the company and a proven track record of working with Polish clients. An international businessman, Gebrauskas is also an owner of Baltic Sotheby’s International Realty in Lithuania. “The luxury residential real estate market in Poland has witnessed significant growth and robust demand in recent years,” said Philip…

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  • Maine Real Estate,  Real Estate News

    Milestones and Momentum: Presenting Our Q1 2024 Sales Highlights

    We are pleased and proud to share our 2024 Q1 Sales Highlights. Each sale represents not just a transaction, but a testament to the trust and confidence our clients have placed in us. Join us as we reflect on these achievements and express our gratitude for the opportunity to serve our buyers and sellers with the utmost dedication and professionalism.

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  • Maine Real Estate,  Real Estate News

    Real Estate Fraud in The Digital Age: Navigate with Confidence and Security

    In the business of real estate, safely navigating the purchase or sale of property is crucial in a world with an ever-increasing risk of fraud. Legacy Properties Sotheby’s International Realty prioritizes client safety, emphasizing the importance of being informed and adopting effective measures to protect you. Understanding the types of fraud and implementing strategic defenses can significantly reduce risks, enabling our clients to conduct transactions with confidence. In the digital age, the risk of fraud presents itself in a number of ways in our daily lives, but the risk is even greater throughout the process of purchasing real estate. Bad actors often target buyers and sellers of real estate transactions…

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  • Maine Real Estate,  New Listings,  Press Releases,  Real Estate News

    Legacy Properties Sotheby’s International Realty Ranked Among the Top 500 Real Estate Agencies in the United States

    Legacy Properties Sotheby’s International Realty announced that it is included in the 2024 RealTrends 500 national brokerage rankings. The company has once again been named to this prestigious list of top-ranked national agencies and named as a RealTrends Verified Best Brokerage. It ascended 90 places on the list to #404 in the nation, its best ranking in the company’s history. According to the Real Trends Survey, it also ranks in the top 30 affiliates for Sotheby’s International Realty.

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

    Maine Home Prices Increased Over 7 Percent and Sold Units Increased Over 11 Percent in February

    PORTLAND, ME (March 22, 2024) – 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 more single-family homes for sale in Maine compared to a year ago, coupled with strong demand from buyers, resulted in higher sales figures and home prices in February. According to Maine Listings, home sales jumped 11.44 percent in February, year-over-year, across Maine’s 16 counties. The median sales price for homes sold reached $354,000 in February 2024, an increase of 7.52 percent over February 2023. The MSP indicates that half of the homes were sold for more and half sold for less.…

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  • Maine Real Estate,  Real Estate News

    Celebrate Maine Maple Sunday and Experience the Sweetness of Maine

    The sweetest weekend of the year is almost here, and we’re inviting you to indulge in the deliciousness of Maine Maple Syrup as we celebrate Maine Maple Sunday! Hosted on 23-24 March by the Maine Maple Producers Association, this year marks the 41st annual Maine Maple Sunday weekend, and it promises to be a memorable one.

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  • Maine Real Estate,  Real Estate News,  Real Estate Spotlight/E-Newsletters

    Presenting Our March 2024 Real Estate Spotlight: Relative Calm – A Maine Real Estate Update

    We are so fortunate to have the state of Maine as our canvas to represent so many buyers and sellers in pursuit of their real estate dreams. While it has always been rewarding, the satisfaction grows every year as Maine has become one of the most desirable places to live in the United States. We continue to have many more buyers seeking homes for both primary residences and seasonal homes than we have properties available for sale. In theory, this dynamic cannot last forever as economic cycles and interest rates fluctuate. However, there is little in the way of obvious change that will generate a different result in the foreseeable…

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

    Sotheby’s International Realty Expands in California

    PORTLAND, MAINE (March 11, 2024) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, has announced that Vista Real Estate in Northern California has joined the network and will now operate as Shasta Sotheby’s International Realty. The addition marks the brand’s continued growth in the state of California and its 111th office in the state. The company is owned and operated by Chad Phillips, who brings nearly 20 years of industry experience to the company. Headquartered in Redding, California, Shasta Sotheby’s International Realty will service four counties including Shasta County, Siskiyou County, Trinity County, and Tehama County.…

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

    Maine Home Prices Increased Nearly Nine Percent in January

    PORTLAND, ME (February 26, 2024) – 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 single-family homes in Maine are still highly sought after by a variety of buyers. According to Maine Listings, the median sales price (MSP) in January 2024 reached $353,000—an increase of 8.62 percent from January 2023. The MSP indicates that half of the homes were sold for more and half sold for less. While sales dipped 1.98 percent, 743 homes changed hands last month compared to 758 in January 2023. “As we move into 2024, we’re experiencing some positive news for buyers…

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