Home sales are seeing some of the best days in several years. According to the National Association of Realtors, homes sales across the country are up to the highest level in six and a half years.
The Bangor area is seeing the same increase with home sales in August totaling 206, an increase of almost 10%. Statewide, home sales were up 20%.
“So now that there are a few more homes on the market and sellers are realizing that properties are selling, we have more opportunities for buyers to find that perfect home for them,” says Julie Williams, Manager at ERA Dawson Bradford Realtors.
“In the two weeks that our house has been on the market, we have had I think 14 couples see it already and it’s already under contract,” says Becky Bennett, who is selling her home.
Williams says the surge in buying is thanks to low interest rates and new development in the Bangor area.