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Author: Kevin Murphy
My brother Jack and I co-own The Real Estate Store. I grew up and live in Scarborough, ME. I became a real estate broker in 2005, but Real Estate is a family business for us. We are second generation Real Estate Brokers. My experience working with apartments and with residential construction has given me insight into cost-aware construction and green construction and design.

2018 Property Taxes

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2017 – Another Year Of Increases

Maine Listings has released their annual figures for home sales in 2017. It was another great year for home prices! Statewide the median sale price was up 5.60% compared to 2016. Cumberland County median sale price was up 7.55% since

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Getting Ready To Buy A Home?

Here are some helpful tips for getting ready to buy a home: 1. Check your credit score and report. You can obtain a free copy of your credit report once a year www.annualcreditreport.com Keep in mind that different industries calculate

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Should I Wait Until Spring To Sell?

“What is the best time of year to list my house for sale?” This is a question we Realtors have heard many times. The short answer is that you can list your house any time of year, but spring and

Posted in For Sellers

Should I buy a house with a well?

When buying a house you may come across a house that uses a private well for water supply instead of public water. There are advantages and disadvantages to a well water system and a public water system so it’s not

Posted in For Buyers

2016 Housing Report

MaineListings.com has released their annual report of real estate sales by county. Cumberland county had a 2.68% increase in the number of homes sold and a 6% average price increase. York county has an 11.78% increase in the number of

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Scarborough 2016 Sold Statistics

Scarborough average homes sold in 2016 grouped by bedroom count (Limited to homes under $700,000)

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2016 Tax Rates

Comparison chart of Scarborough and surrounding areas. An important consideration is the different towns services like fire & police, schools, trash collection, public works.

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Scarborough Statistics

The median sale price of a home in Scarborough for 2014 was $334,000. With the exception of 2006 at the height of the market peak, 2014 is the highest median sale price to date. 2006 MSP was 357,000. 2003 MSP

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2015 Property Tax Rates

Updated comparison chart of Scarborough and surrounding areas tax areas. An important consideration is the different towns’ services like fire & police, schools, trash collection, public works.

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