A Buckingham on Houlton just closed...the selling price was reported to be $316,500. The home was on the market for only 42 days and was listed at $387,692. This was NOT a short sale, but the sellers paid $395,000 for the home in May of 2004.
As I've been saying...homes that are NOT short sales, in good condition, where the seller is in tune with the market prices, are selling very quickly! And this should keep up as the inventory remains low, the 1st time homebuyer tax credit appears to be headed for an extension, and the number of short sales does not seem to be taking a breather.
11/4/09
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