LIHC Investment Group is one of three owners of the New York apartment building that caught fire Sunday.
real estate
Posted inCoastal Journal, Local & State, News
Maine nonprofit buys another island for public access in 2022
Sheep Island, off the coast of Owls Head in Penobscot Bay, will forever be protected from development, now that Maine Coast Heritage Trust has purchased it.
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Posted inBusiness, Local & State
Maine home sales fell in November while prices kept rising
A tightening supply of homes on the market is pushing prices up even as the number of transactions falls.
Posted inBusiness, Local & State
Mallside retail center in South Portland sold for $20 million
The buyer, Wood Hill Realty Associates LLC, plans to make improvements to the property, including a parking lot renovation.
Posted inAndroscoggin County, Business, Franklin, Local & State, Oxford Hills, River Valley, The Buzz
Home prices continue to rise in Androscoggin, Franklin and Oxford counties
Maine real estate watchers say fewer houses are going on the market while demand stays high. And maybe that’s making Maine a stressful state to buy a house.
Posted inBusiness, Local & State, News
Maine home sales down again in October as prices rise
Continued low inventory in Maine’s housing market led to a nearly 11% decline in single-family home sales across the state.
Posted inOpinion, Perspective
Is an algorithmic real estate business inherently risky?
Or maybe Zillow was just really bad at it. Either way, Zillow doesn’t want to bet the house on home flipping.
Posted inBusiness, Local & State, News
Maine home sales fell even as prices rose in September
Statewide home sales volume declined by nearly 10% from a year earlier, mirroring regional and national decreases.
Posted inBusiness, Local & State
In search of a unique property in Maine? How about a monolithic dome home on the Road to Misery?
The off-grid property in Kennebunkport was made by a Maine sculptor and her family.
Posted inBusiness, Local & State
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.