Portland, Maine - Real Estate
Portland is the largest city in the U.S. state of Maine, with a population of about 63,882, according to a 2004 estimate.
Real estate prices in the area have grown considerably in recent years, largely due to its status as a popular tourist destination. The median cost of a single family home in the Portland area currently stands at $245,700, more than $30,000 over the national average.
This makes Portland a difficult market to enter for first time homebuyers and low income residents, but good deals do occasionally materialize. These often come in the form of foreclosures or some other form of discount real estate opportunity.
To find foreclosures and rock-bottom real estate bargains in Portland, Maine and other cities across America, please click here.