Luxury buyers, many of whom are paying cash, are driving up the value of the overall housing market, but making it harder for first-time buyers to find a home.
Eighteen months after listing their historic Kennebunk home for $2.25 million, Tom's of Maine founders Tom and Kate Chappell have sold it for $1.7 million.
Kimberly Veilleux previously specialized in commercial real estate. She will play a role in assisting with the brokerage's luxury vacation rental business.
Ally Fuller specializes in new construction and development of high-end homes and large subdivisions. Will Fuller participated in $1.3 billion in sales volume across six years.
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