The arrival of the first case of the omicron variant of the coronavirus in the United States on Wednesday brought with it new uncertainty about how it will affect the economy.
housing
Posted inLewiston-Auburn, News
Lewiston to consider ‘right to housing’ ordinance
The proposal has already been met with criticism from city staff and a legal review.
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Posted inBusiness, Lewiston-Auburn, News
Lewiston program looks to help people traverse ‘panicked’ housing market
‘Renter 2 Owner’ offers a first-time homebuyer course that covers budgeting, financing and mortgages, and home maintenance and repair.
Posted inBusiness, Lewiston-Auburn
48 luxury apartments announced for complex near Auburn’s Exit 75
The units expected to be ready for tenants in Spring 2023.
Posted inLewiston-Auburn, News
Auburn council sets vote on expanding ‘strip’ zoning
The issue, aimed at providing more buildable area for residential development where allowed, could be decided by the next City Council.
Posted inLewiston-Auburn, News
Lewiston housing committee says city should loosen rules on accessory dwelling units
One recommendation from the committee urges city officials to consider changes to allow accessory dwelling units or tiny houses in hopes of addressing a housing shortage.
Posted inBusiness, Nation / World
Mortgage rates keep rising, hitting 6-month highs
The 30-year fixed-rate average rose to 3.14% compared to 3.09% a week ago and 2.81% a year ago.
Posted inMaine
Strategy shifts as advocates work to give shelter to Maine’s homeless
A virtual forum this week discussed how the focus now is on finding housing for people before addressing their medical, mental health and other needs.
Posted inMaine
Hundreds of asylum seekers wait in Portland-area hotels because apartments are so scarce
More than 300 immigrants who arrived in Portland recently are waiting for permanent housing in a tight rental market.
Posted inBusiness, Maine
Homeownership not among pandemic’s major economic casualties in Maine
Foreclosures are creeping back up since a pandemic-related federal moratorium ended, but experts say a drastic spike is unlikely.