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Home prices aren't growing at the blazing-fast speeds of the past few years, but in southern Maine they could still increase by double digits in 2023, according to a report by one real estate website. ....
Although sale prices are still on the rise, the number of homes sold continued to decline, and some agents say houses are staying on the market longer and sellers are getting fewer offers. ....
The practice has become increasingly common as prospective purchasers, frustrated by the state's red hot real estate market, are doing whatever they can to put in the winning bid. ....