Knights Hill Neighbors

	Bridgton, ME July 3, 2008
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Knights Hill Neighbors Today's Life Solutions Neighborhood Pictures Community Calendar Bridgton Real Estate Recipe Exchange Bridgton Schools Free Classified Ads Local Businesses Community Resources Bridgton News Knights Hill Association KH Web Cam & Weather News From Our Neighbors Bridgton History Favorite Links Celebrate the 4th			July Now is a great time to get away! Take a vacation, relax and give yourself a break from all the hard work that goes on throughout the year! Be ready to celebrate our Nation's Independence Day on Friday, July 4th! Have a safe holiday and be sure to check the Neighborhood Website often to keep updated on Summer happenings! Welcome to Your Interactive Knights Hill Website! Family cookouts and campfires abounded during Memorial Day Weekend - the unofficial opening of the summer season in Maine. Warm and uncharacteristically clear weather provided a delightful contrast to a winter which saw roads narrowed in Knights Hill to a single lane - courtesy of some 150 inches of snowfall. There were still a few patches of snow visable at Shawnee Peak Ski Area as boats returned to the clear waters of Moose Pond below. The newly reconstructed Magic Lantern movie theatre broke all their prior attendance records over the weekend as Indiana Jones drew both young and old to this downtown treasure of a building. The theatre's Tannery Pub had a line at the door waiting for a table Sunday evening as the Red Sox and A's played on the oversized screen in the front of the room. Four dollar gasoline contrasted with the relative affordability of a $6.50 movie ticket or meal in the Pub. The theatre is finishing up the gorgeous landscaping adjacent to Stevens Brook. I expect we'll see outdoor cafe tables shortly. The newly completed parking lot funded by a Community Development Block Grant conveniently serves the theatre, Community Center and an expanded Renys Department Store across the street. Efforts to continue redeveloping Depot Street are a top priority for Bridgton's Economic Development Committee. Funding is in place to replace the second bridge crossing Stevens Brook. A November target has been set to reopen all of Depot Street to vehicle traffic. On other economic fronts, the housing crunch continues to keep New England in what amounts to real estate gridlock. Our market in Knights Hill largely mirrors whatever activity occurs, or does not occur, inside Interstate 495 as it loops around Boston. When homeowners in Peabody or North Andover have confidence in the market, Knights Hill properties move at their historic pace of about one-a-month. Both the Portland and Boston markets are correcting at a similiar pace - to price levels last seen in 2004. Factor inflation into the mix and home prices may be 23% more affordable than they were at the peak. A number of economists report that consumers tend to wait for a market to over-correct before deciding to make a purchase. On the other hand, while people are waiting is one of the best times to shop for both quality and price. Interest rates remain low. I'd recommend taking advantage of low rates during a period of strong supply. Lenders may be willing to sharpen their pencils for customers with a strong credit history. The aforementioned four dollar gasoline may very well prompt a new round of foreign investment in US financial markets. Please feel free to call me if you have questions: 207-647-5487 or jdurrell@roadrunner.com Thanks, Jim Durrell Community Calendar  Submit an Event Full Calendar >  Wednesday Thursday Friday Saturday 2 3 4 Independence Day 5 [9am - 1pm] Flea Market More TLS >  The Secret to Saving Money on Car Repairs Whether you’re driving around in a brand new car, or one with an od ... Chocolate Chip Cookie Ice Cream Sandwich Simple, quick and tasty — who can resist? Hand these out for desser ... Hot Spot Season As the weather heats up there is an increase in canine skin care pr ... WALL•E The year is 2700. WALL•E, a robot, spends every day doing what he w ... Money Management 101 for Newlyweds For many couples, making the decisions that will affect each other’ ... Do You Qualify for Tuition Reimbursement? Looking to finish a degree or seeking a new one to advance your car ... Don’t Flush Bathroom Renovation Dollars Down the Drain Looking for bathroom bliss? You’re not alone. Bathroom renovations ... Neighborhood Newsletter Want to know what's going on? Sign up now for your free monthly neighborhood newsletter! Name E-Mail   More Info | Privacy Pledge  Current Conditions Bridgton, ME Updated 9:54 pm EDT, 7/3/2008 Condition: Overcast Temperature: 69° F Wind: NW at 6 MPH Visibility: 10 mile(s) Humidity: 60% Full Forecast | Local Radar | Search Quote of the Day Self-confidence is the first requisite to great undertakings. -- Samuel Johnson

Knights Hill Neighbors is compliments of:
Three convenient locations for all of your sales and rental needs Bridgton, Naples and Raymond James H. Durrell Specializing in Lakefront Properties Phone: 207-647-8222 Direct: 207-647-5487 Toll Free: 877-647-8222 Fax: 207-647-8006 jdurrell@roadrunner.com Website Krainin Real Estate Bridgton Office 240 Main Street (PO Box 130) Bridgton, ME 04009
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