Rent Real Estate

Market Conditions

It"s been ranked as one of the best places to live in the United States. Despite this ranking Auburn, Maine, has still seen sales decrease by 11 percent since last year -- a downward trend felt in much of the nation. Auburn, a 20,000 person town, part of the second-largest metropolitan center in the state, has seen commercial real estate take healthy steps due to an "ambitious downtown revitalization plan." Job growth is over 4 percent and median family incomes are reported near $50,000 a year. What do local experts have to say of this Maine market? Sheryll Gregory of Homestead Realty reports, "This is a correction period. ... fears will subside and we will return to business as usual." For information on your area, please click here. Click here to view current Market Conditions in your location.

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