A Harvard University report indicates that Maine’s renters are struggling – something that those in the affordable housing arena know all too well.
real estate
Posted inBusiness, Local & State
Many Portland area residents would need to double their income to afford a home
A new Harvard University report illustrates the growing affordability struggle for both homebuyers and renters across the country and in Maine.
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Posted inBusiness, Local & State
Maine home sales activity is slowing down, but it’s not a buyer’s market yet
May was largely a continuation of existing trends, with home sales down 12% and prices up 15% from a year ago.
Posted inBusiness, Local & State
Roux Institute campus development plan scaled back after neighborhood outcry
The nonprofit developer of a high-tech education and entrepreneurial hub in Portland has cut the project’s size by more than 25% in reaction to residents’ concerns.
Posted inSponsored
Beachfront, Chebeague Island home stuns with simplicity
$989,000 | 44 Jenks Rd., Portland
Posted inBusiness, Local & State
Maine home prices up in April; sales decline for 10th consecutive month
LEWISTON — The price of a single-family home in Maine increased 25.36% in April compared to April a year ago. The Maine Association of Realtors reported that 1,143 homes changed hands last month, down 20.90% from April 2021. The statewide median sales price for existing homes sold is $346,000. This means that half of the […]
Posted inBusiness, Local & State, News
You can buy a Rockland house for $1 but you have to move it from the property
Homeowner says if there are no takers she will have to tear down the house overlooking the South End waterfront.
Posted inSponsored
High Head home has separate guest quarters and deeded waterfront access
$899,000 | 60 High Head Rd., Harpswell
Posted inBusiness, Local & State, News
How to protect yourself from real estate scams
TIPS FROM THE FEDERAL TRADE COMMISSION Be suspicious of anyone who asks for a cash deposit up front to see a property or asks you to wire a deposit. Try searching the local property appraiser’s website to find out who the current property owner is and look for contact information online. Avoid doing transactions via […]