Maine Insurance Superintendent Eric Cioppa said scientists are predicting an increase in the number and severity of hurricanes and major storms this year.
housing
Posted inBusiness, Maine, News
Highland Green 55-and-older community in Topsham expanding
The project includes a $1.5 million expansion of an existing road to access the new apartments and future neighborhoods.
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Posted inBusiness, Maine, News
Wondering if you can skip your mortgage payment? You’re not alone.
While borrowers with government-backed mortgages can pause payments for at least six months under the CARES Act, many with private loans have been receiving mixed messages.
Posted inBethel, Business, News
A $10 million condo complex planned in Bethel
The 38 units could be under construction later this year not far from the former train station.
Posted inLewiston-Auburn, News
Lewiston landlords, tenants navigating financial strain from COVID-19
The pandemic is putting stress on renters and building owners.
Posted inBusiness, Maine, News
Small businesses seek rent and eviction freezes as crisis costs mount
Maine small business owners are in anxious talks with landlords as they seek to buy time until they can reopen and restore cash flow.
Posted inBusiness, Lewiston-Auburn, News
Lewiston’s rental registration program begins
Multiunit property owners have until March 1 to register their buildings.
Posted inBusiness, Maine, News
Maine housing market’s record-breaking year left many would-be buyers out in the cold
Sales of single-family homes in December surged by 23% over 2018, boosting both sales volume and the median sale price to new highs in 2019. And demand is even higher.
Posted inBusiness, Maine, News
Feds award nearly $14 million in grants to fight homelessness in Maine
Some of the Housing and Urban Development funds also will be used to connect residents with affordable housing programs and services.
Posted inBusiness, Maine, News
The decade in Maine business and economy
From the depths of the Great Recession, Maine’s economy began a steady rebound that has allowed some industries to flourish despite a growing worker shortage.