The Maine Association of Realtors annually picks a member who has made significant contributions to the advancement of the real estate profession and the community at large.
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An aerial view of Mallview Terrace Apartments on Marston Street in Lewiston. Kevin Fletcher’s Marston Investment Group LLC has purchased the 48-unit complex for $3.1 million with plans for major upgrades. The Lewiston Mall can be seen in the background left.
Russ Dillingham/Sun Journal
This week the Buzz is investing, looking for leaders and changing things up.
First up: Kevin Fletcher, past president of the Maine Commercial Association of Realtors, has bought a 48-unit complex on Marston Street in Lewiston with big plans ahead.
The complex, built in 1986, has a mix of six one-bedroom units and 42 two-bedroom units, all of it fully rented at market rate.
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Maine’s sizzling housing market is showing no signs of slowing down, with median sales prices up almost 24% in Androscoggin County the past three months, according to the Maine Association of Realtors, and even mobile homes going for wildly above asking price 17 offers and $47,000 over in Auburn, we’re looking at you.
“If you’re buying in this market, bring your shield and sword because you are going into battle,” quipped one Poland real estate agent.
So, what to do?
We asked six agents their best advice for those looking to buy or sell a home right now.