Welcome to the Greater Bangor Association of REALTORS®!

This website provides information about upcoming events, courses, and general Association-related news to current and future REALTORS® and Affiliate Members.

LATEST GBAR NEWS:

Preserve Maine’s Mortgage Interest & Property Tax Deductions

Did you know that Governor LePage’s budget would eliminate the itemized Mortgage Interest and Property Tax Deductions? Tax policy influences and incentivizes financial decisions.  The fact that the purchase of a home gives something back to the purchaser in the form of deductions for mortgage interest and property taxes is a powerful incentive and makes home ownership an attractive investment. Take that incentive away and what makes an apartment dweller decide to take the plunge into homeownership? Home ownership is the backbone of the economy, a driving force for jobs, strong communities, stable neighborhoods, and families. Please help MAR preserve Maine’s Mortgage Interest and Property Tax deductions!

Take Action Now by clicking here!

HURRY!  The Deadline for Registering for the 2015 GBAR Education Event is drawing near!

  For details, click here!

 

Maine Home Sales and Prices Up in February

SOUTH PORTLAND (March 23, 2015)—Months of steady sales reports indicate stabilization in Maine’s single-family existing homes market. According to Maine Listings, REALTORS® sold 13.31 percent more homes in February 2015 than February 2014. The median sales price (MSP) for those homes increased 4.62 percent to $167,400 for that same time period. The MSP indicates that half of the homes were sold for more and half sold for less.  Nationally, single-family existing home sales rose 5.9 percent in February. The National Association of REALTORS® reported a nationwide price increase of 8.2 percent to a MSP of $204,200. The regional Northeast experienced a 3.6 percent rise in sales, while prices jumped 3.3 percent to $241,800

 

The Greater Bangor Association of REALTORS®, serving Penobscot, Piscataquis, and portions of Hancock and Washington Counties, works to advocate growth and development in our communities, and is proactive in identifying and addressing issues of concern. It is our mission to act as a united voice in the preservation of the public’s right to own, transfer, and enjoy the use of real property.


GBAR Blog

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NAR News

REALTOR® Magazine Headlines

  • Why Home Owners Need to Get Moving March 26, 2015
    Do potential sellers in your market need convincing? CNNMoney highlights several reasons why they should consider selling their home this spring…. …
  • Freddie: Frozen Housing Markets Thawing March 26, 2015
    Many markets showed signs of weakening this winter, but Freddie Mac economists say they’re now seeing a rebound.  …
  • Get the Timing Right for Your Open House March 26, 2015
    Find out the most popular day and time to open up the doors of your listing, and learn how to avoid the potential “church effect”… …

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