Will home sales in Maine continue to rebound?

Posted Sept. 28, 2009, at 4:15 p.m.

Sales of single-family homes in Maine are beginning to increase after months of decline, though the median sale prices are below levels seen in recent years. Has the market bottomed out? Will this sector of the economy – critical in Maine to many businesses – lead the way out of the recession? Or do the numbers merely reflect a bargain-hunters response on the part of buyers?