We've had an early nor'easter snow storm this Monday as you can see in this photo taken on Tuesday, December 4th on Baker Road. I'd like to think that this Freeport homeowner is telling the real estate Grinch to leave town.
Those of us in the real estate business feel that the media Grinch needs to stop harping on the bad real estate market. All markets are local and Maine and Freeport are doing pretty well thank you very much.
Yet we can't ignore the problems that got the country into a national real estate slump. We've all heard the bad news about the sub-prime market. The National Association of Realtors which is the voice for the 1.3 million members in the residential and the commercial real estate industry is encouraging Realtors to to contact their senators for Senate action needed to accelerate the real estate recovery. According to the Christian Science Monitor yesterday, the Federal Reserve is taking action to avoid more foreclosures by helping some homeowners freeze their interest rates. You can read that story online at http://www.csmonitor.com/
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