Bill > SP0609

This joint resolution recognizes the Maine Association of REALTORS® and highlights the significant economic and community contributions of real estate professionals in Maine. The resolution notes that the association has over 6,500 members across all 16 Maine counties, representing various real estate-related professions. It emphasizes the economic impact of real estate, including estimates that one job is generated for every two home sales, each home sale contributes approximately $170,100 to the economy, and the real estate industry accounts for 19.5% of the gross state product. The resolution underscores the importance of real estate ownership as a means of building financial security and notes the strong real estate market in Maine, which is projected to have an $18.3 billion impact in 2024. Ultimately, the resolution formally acknowledges the Maine Association of REALTORS® and its members for their positive contributions to Maine's citizens and communities, and directs that copies of the resolution be transmitted to the association and its 12 local boards and councils.

https://legislature.maine.gov/legis/bills/display_ps.asp?paper=SP0609&snum=132