Home Real Estate Harbor Realty has 5 decades of matching buyers with sellers

Harbor Realty has 5 decades of matching buyers with sellers

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Thirty-four years in the business and Ted Brown has never seen such a strong real estate market as in 2020 and 2021. In the past two years, Brown’s Harbor Realty sold close to 80 homes totaling nearly $16 million in sales.“That’s just an estimate. It might have been more,” Brown said. “It’s astounding at how high prices are. I never thought I would see it like this.”

The hot market continued into 2022. In March, Harbor Realty only had six residential listings ranging in price from $300,000 to $900,000. With inventory low, prices remain high. So why is the local real estate market so hot? Brown says the coronavirus pandemic still remains the driving force. People began leaving cities in droves searching for low population centers. In Maine, the Boothbay region became a prime destination due to its seacoast beauty and municipal populations of less than 4,000. “Once the cities exploded with COVID-19, people started moving here,” he…

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