Low inventory and rising prices are freezing young, local home buyers from the real estate frenzy.
real estate
Posted inBusiness, Local & State
Hot Housing: 6 Maine agents offer advice as prices soar
Area real estate agents offer advice to both sellers and buyers, and reveal some of the unusual deals they’ve seen in this hot seller’s market.
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Posted inBusiness
Reading the real estate tea leaves: Are we in for a housing bubble in Maine?
Between March and May 2021, the median sales price of a house statewide was up almost 22% to $285,000, compared to the same three months last year, according to the Maine Association of Realtors.
Posted inBusiness, Local & State, News
Homes sales in Maine remained strong in May
Median sales and prices were both up 28% over the same month last year.
Posted inBusiness, Local & State
New statewide energy code aims for tighter buildings, lower emissions
Some worry that building contractors will have ‘a rude awakening’ with the change, which is effective July 1 and stems from bills passed in 2019.
Posted inBusiness, Local & State
Maine home sales and prices continued their steep climb in April
Sales of single-family homes jumped 35.7% from April of 2020, when Maine was shut down by the pandemic.
Posted inBusiness, Lewiston-Auburn, The Buzz
Lewiston ranks No. 1 for ‘most attractive for real estate employment’ out of 179 cities
• Please forward my mail: How many people moved in and moved out by county last year
• How many Mainers have worked from their cars during the pandemic?
Posted inBusiness, Local & State
March showed no signs of slowdown for Maine housing market
Sales prices and the number of homes sold soared across the state in the first three months of the year, which one housing market leader called ‘astounding.’
Posted inBusiness, Local & State, News
Selling a Maine home is easy but buying — not so much
According to Google Trends, internet searches for the phrases “Should I buy a house” and “Sell my house” are at an all-time high.
Posted inAndroscoggin County, Business
Southern Maine brokers see an ‘opportunity’ market in Lewiston-Auburn real estate
In 2019, eight homes sold for $400,000 or more in Androscoggin County. Last year, that was up to 19 homes, according to Dava Davin, speaking Thursday at the Lewiston Auburn Metropolitan Chamber of Commerce breakfast.