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Housing Inventory Hits New Low

by Fontaine Family

U.S. Housing Inventory Hits a New Low… List Your House TODAY!

Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home.

Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale have dropped dramatically as compared to this time last year.

Trulia reported that “U.S. home inventory has tumbled 8.9% over the past year and has now fallen for nine consecutive quarters.” There is now 20% less inventory than there was five years ago.

Here is a chart showing the decrease in inventory levels by category:

U.S. Housing Inventory Hits a New Low… List Your House TODAY! | Simplifying The Market

Bottom Line

Demand for your home is very strong right now while your competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2017, now may be the perfect time.

Get Ready to Bid!

by Fontaine Family

Our 4th Annual Bid For Wishes
Silent Auction starts on Monday, July 17th! 


Here is your chance to bid on some great items and contribute to a great cause. We have items to be auctioned in memory of Nolan Thomas Williams with all proceeds going to Make-A-Wish Maine!

Nolan Thomas Williams was a beautiful son, brother, grandson and friend. Nolan died of Melanoma cancer just a few weeks before his 4th birthday. He battled the cancer for 7 months. He had three brothers Nick, Nate and Nigel. He loved to go fishing, camping and boating with his mom and dad and brothers. He loved Sunday mornings because it meant he got to go to church. His favorite toys were his match box cars and his CD player. He played the songs over and over again "What a Wonderful World," by Louis Armstrong and "Put your Happy Face on". This sweet, sensitive little boy left his family and friends with precious memories. All who knew him were blessed.

Each year, in Nolan's memory, we host a Silent Auction on Facebook with the help of generous donations from our friends and local businesses.  The money we raise goes directly to Make-A-Wish Maine to grant the wish or a child with a potentially life-threatening illness.  A wish give the child and their family something to look forward to...a bright spot of hope during a hard time. 

Visit our Bid For Wishes event page and place your bids!  Win some great items and put a smile on a Maine child's face! 


Fontaine Named One of Top Teams In US!

by Fontaine Family

 

Fontaine Team Named One of America’s Top 1,000 Real Estate professional Teams
By
Real Trends, As advertised In THE WALL STREET JOURNAL


Fontaine Family – The Real Estate Leader, Had an Impressive 462 Transaction Sides and $56 Million in Sales on Their Way to Becoming One of Maine’s Top Professional Teams 

Fontaine Family – The Real Estate Leader was named one of America’s top real estate professional teams by REAL Trends, as advertised in The Wall Street Journal.  Fontaine Team is once again a member of the “The Thousand Top Real Estate Professionals,” a prestigious national awards ranking sponsored annually by the two respected publications.  The Fontaine Team is ranked in the top ½ of 1% of the more than 1,100,000 REALTORS® nationwide for the 2016 calendar year.

The Thousand real estate professionals was announced on June 23, 2017, with four separate categories honoring the top 250 residential agents and agent teams for excellence in:

  • Individual Sales Professionals—Sales volume
  • Individual Sales Professionals—Transaction sides (in each real estate transaction, there are two sides that can be represented by a real estate agent: a buyer’s and a seller’s.)
  • Team Professionals—Sales volume
  • Team Professionals—Transaction sides                                             

According to The Thousand, The Fontaine Team had 462 transaction sides, ranking them 73rd in the nation.

“The best individual agents and teams - including Fontaine’s award-winning efforts—were nothing short of phenomenal considering the challenges in today’s complex housing market,” said Steve Murray, founder of REAL Trends, a Denver-based consulting, publishing and communications company and The Trusted Source that complies the yearly, third-party verified list. "Being a member of The Thousand is an incredible achievement in today's increasingly competitive environment.  This elite group of sales associates are proven professionals who bring together innovative marketing solutions that combine cutting-edge technology with best-in-class customer service to consistently exceed their clients’ expectations. Their success put them in the top 1 percent of more than 1.25 million REALTORS® nationwide," said Luke Bahrenburg, vice president of real estate advertising at Dow Jones, publisher of The Wall Street Journal.

 “I am absolutely thrilled to be named to The Thousand,” said Brenda Fontaine, the owner/broker of Fontaine Family – The Real Estate Leader who serves clients in 6 Counties and has offices in Auburn and Scarborough.  “It is incredibly gratifying to help clients find their dream homes as well as help them sell their properties quickly and for the highest price possible.”

The ranking of The Thousand can be found at www.realtrends.com/rankings/rt1000.

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Fontaine Family - The Real Estate Leader
336 Center St. Auburn, ME 04210
432 US Route 1 Scarborough ME 04074
(207)784-3800 Auburn
(207)289-3830 Scarborough
Fax: (207)786-2957

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