Posts Tagged ‘real estate’

 
A home for sale sits on the corner in Bangor in a 2011 file photo.

With fewer homes on market, Maine sales dipped sharply in April

By Darren Fishell on May 24, 2017, at 2:40 p.m.
A lack of inventory caused Maine home sales to drop sharply in April.

Health care, real estate drove Maine’s economic growth in 2016

By Darren Fishell on May 11, 2017, at 3:05 p.m.
Maine had the slowest rate of GDP growth in the final quarter of 2016 among New England states.
Bangor was named one of the state's most affordable cities in which to purchase a home; Portland was the least.

Here’s where to find the most affordable homes in Maine

By Darren Fishell on April 11, 2017, at 6:29 a.m.
Among the state’s biggest cities, Bangor rated as the most affordable in the last year; Portland was the least affordable, by far.
This house at 180 Abrams Mountain Road, called "The Froggery," sold at auction over the weekend for an undisclosed sum. Earlier this year, it was listed for $10.9 million, making it the most expensive house on the market in Maine.

Former midcoast mansion owner sues auctioneer who sold it for mere $1.4 million

By Nick McCrea on April 11, 2017, at 6:16 a.m.
The former owner of a $10 million island mansion is suing a high-end, Florida-based auctioneer after his home sold for a meager $1.375 million last June.
Visitors walk through a large variety of displays from vendors at the 47th Annual Bangor Home Show at the Cross Center on Friday afternoon.

Energy-efficiency systems, tiny houses big hits at 47th annual Bangor Home Show

By Dawn Gagnon on March 31, 2017, at 8:03 p.m.
“This year’s edition features more than 300 vendors both inside and outside of the Cross Insurance Center.”
An older farmhouse-style home on Elm Steet in Presque Isle, built in 1900, has been for sale by owner for at least two years.

Sales go up, prices down for homes in Aroostook, some other rural counties

By Anthony Brino on Feb. 01, 2017, at 12:40 p.m.
Aroostook County’s numbers “mean’s there’s not significant pressure” on prices, and that’s a benefit for homebuyers.

Home sales hit record, building permits make biggest jump since 2009

By Darren Fishell on Jan. 26, 2017, at 12:27 p.m.
Maine’s housing market activity hit a post-recession peak in 2016.
 Amy McLellan recently shows one of the undemolished rooms of the former nursing home she purchased and is renovating into an "age-in-place" home for retirement-age people called The McLellan on Cumberland Street in Brunswick.

This nurse is building senior housing in her Brunswick neighborhood

By Meg Haskell on Oct. 21, 2016, at 6:25 a.m.
“This is all about allowing people to live their lives to the fullest as they age, to show that life continues to grow and change in positive ways.”
POLL QUESTION
Leslie Cummins and Tim Seabrook own Five-Star Nursery and Orchard in Brooklin, but they are considering selling the farm where they grow apples, pears and make apple cider. They would like to sell their land to someone who would continue using it as a farm instead of developing the property.

Maine farmers ready to retire wrestle with succession planning

By Meg Haskell on Oct. 18, 2016, at 11:03 a.m.
“We are really ready to do the next part of our lives,” Leslie Cummins said. Now, they’re trying to find an appropriate buyer for the farm. And it’s not easy.
VIDEO
Burnt Coat Harbor can be seen recently on Swan’s Island. The members of the Swan’s Island Electric Cooperative voted to sell the cooperative to Emera Maine.

Unplugging a way of life: Maine island eyes trading local control for cheaper electricity

By Darren Fishell on Sept. 30, 2016, at 6:40 a.m.
“That was really what people had to weigh: the cost versus the loss of control and loss of that on-island employment.”
The auction of historic 629 Main St., the old Manna Ministries building, has been postponed until Oct. 6 at 10:30 a.m. Inside one of the old prison cells in the basement.

Auction of historic Manna headquarters pushed to October

By Nick McCrea on Sept. 08, 2016, at 5:30 p.m.
The auction has been rescheduled for 10:30 a.m. Thursday, Oct. 6, at the historic 629 Main St. property.
CONTRIBUTORS
A for-sale sign is seen in Presque Isle, one of Aroostook County's relatively steady housing markets.

There’s still a lot of negativity on the housing market

By Barry Ritholtz, Bloomberg View on Aug. 28, 2016, at 10 a.m.
It has been a few years since we last looked at this issue, so we’re overdue for a revisit.
One of three energy-efficient homes can be seen on Aug. 18 on Fern Street in Bangor. Bob and Suzanne Kelly, building renovators, are developing a "green pocket neighborhood" on the site of an old dry-cleaning facility.

In Bangor, a ‘green pocket neighborhood’ adapts new ideas to traditional setting

By Meg Haskell on Aug. 26, 2016, at 6:23 a.m.
This is Bangor EcoHomes, a small but ambitious sustainable-living project developed by husband-and-wife team Bob and Suzanne Kelly.
An attorney for Arline Pennell Lay, who owns this house at 28 College Street in Brunswick, said Wednesday that Bowdoin College has filed suit in order to force Lay, who has placed the house on the market for $1.3 million, to instead sell it to the college for a fraction of that amount.

Bowdoin sues to halt sale of home where owner says Stowe worked on famous novel

By Beth Brogan on Aug. 17, 2016, at 11:36 a.m.
The owner of a home surrounded by the Bowdoin College campus has signed an agreement to sell the property for $750,000, nearly five times its assessed value, to a Portland woman who plans to open an art and literature center there.
Signs were posted Wednesday in the windows of a block of downtown buildings up for sale on Exchange Street announcing their pending sale.

Exchange Street buildings in downtown Bangor have likely buyer

By Nick McCrea on Aug. 11, 2016, at 4:40 p.m.
The block of downtown buildings on Exchange Street that recently went up for sale after years of underuse already has a likely developer after less than a month on the market.
This city block on Exchange Street, which is for sale for $1.95 million, can be seen on Wednesday in Bangor.

A look inside the block of buildings up for sale in downtown Bangor

By Nick McCrea on Aug. 04, 2016, at 1 a.m.
Altogether, the buildings offer just under 53,000 square feet of space. With the $1.95 million price tag, that works out to about $37 per square foot — a steal for downtown space.
This house at 180 Abrams Mountain Road, called "The Froggery," sold at auction for an  undisclosed sum recently. Earlier this year, it was listed for $10.9 million, making it the most expensive house on the market in Maine.

Former running store CEO buys Islesboro mansion

By Abigail Curtis on Aug. 03, 2016, at 7:43 p.m.
The three-bedroom, three-bath home was identified this spring by Forbes magazine as the most expensive house listed for sale in Maine at $10.9 million.
POLL QUESTION
Jim Bahoosh at a house he built in Northport in 2015 and 2016. Bahoosh, of Morrill, designs and builds small houses that usually range between 500 and 900 square feet.

Small — but not tiny — houses right size for many

By Abigail Curtis on Aug. 01, 2016, at 6:01 a.m.
Tiny houses may be trendy, but small houses are smart homes that are good solutions for many people.
Two arrays of solar panels sit atop the buildings at Williams Pond Lodge in Bucksport in this 2008 file photo.

Homeowners with solar panels affect your power bill. Maine’s debating whether that’s fair

By Darren Fishell on July 27, 2016, at 4:21 p.m.
The problem regulators and utilities see lies in how solar customers are paid for their power.
A handwritten sign at the end of Cedar Beach Road on Bailey Island in Harpswell welcomes the public to the beach on Oct. 10, 2014.

Maine high court reverses decision giving public access to Harpswell beach

By Beth Brogan on July 19, 2016, at 4:30 p.m.
The Maine Supreme Judicial Court on Tuesday overturned a 2014 superior court decision that granted public use of Cedar Beach Road, effectively blocking all access to tiny but popular Cedar Beach on Bailey Island.