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Maine Home Sales Up in July

SOUTH PORTLAND, Maine — Sales of single-family homes in Maine, along with the median sales price, were up modestly in July compared to the year before. The Maine Association of Realtors is reporting that Maine home sales saw a two percent increase last month. The median price increased 1.4 percent to $181,500.

Maine Association of Realtors President Angelia Levesque says it appears that the market is steadying.

"There's a lot of new inventory hitting the market and usually this time of year we don't necessarily have that fresh inventory, so people that are looking to buy: great inventory to choose from right now and interest rates are still low," she says.

Nationally home sales saw a 4 percent drop in July, while the national median sales price was up just over five percent.

Ed is a Maine native who spent his early childhood in Livermore Falls before moving to Farmington. He graduated from Mount Blue High School in 1970 before going to the University of Maine at Orono where he received his BA in speech in 1974 with a broadcast concentration. It was during that time that he first became involved with public broadcasting. He served as an intern for what was then called MPBN TV and also did volunteer work for MPBN Radio.