Building permits drop sharply in Maine, signaling a cooling housing market
Building permits in Maine were down 52 percent from February, and down 17 percent compared with March 2021.
Coronavirus’ impact on Maine’s economy
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This East Coast city dominates the list of out-of-staters eyeing moves to Portland
More than half of the people looking online for places to live in Portland were from Boston, followed by New York and Washington, D.C., according to real estate search data.
Don’t expect Maine’s new housing law to provide immediate fix
The policies the bill implemented could be the most important affordable housing effort to come to Maine in a generation.
Tell us how high rents and apartment shortages are affecting you
We want your feedback on how you’ve been affected by high rents and apartment shortages.
Maine gas prices rise to new all-time high
As of Monday morning, the average price of gas in Maine was $4.58, and the average price of diesel is $6.36, according to AAA.
Maine’s small ‘real-life Mayberry’ attracts huge influx of out-of-state residents
With many attracted to its rural nature and scenery, 3 out of 10 residents of Hanover moved from another state between 2019 and 2020.
Maine’s largest city leads Northeast in home equity
Some 52.1 percent of homes in metropolitan Portland were equity-rich in the first quarter of this year — a good sign for homeowners.
Maine has long led New England in homeownership but rising house prices threaten that
For more than 120 years, Maine has led New England in its rate of homeownership, according to U.S. Census Bureau data.
A small population bump forced big changes in this Portland suburb
One big difference in Cumberland’s population is the couples with young children moving into houses formerly occupied by one or two people.
US fishing haul fell 10 percent during 1st pandemic year
The 2020 haul of fish was 8.4 billion pounds, while the value of that catch was $4.8 billion, officials with the National Oceanic and Atmospheric Administration said.
More Mainers turn to cheaper but riskier mortgages with interest rates rising
The overheated real estate market the past couple years was fueled in part by interest rates below 3 percent for 30-year fixed-rate mortgages.
Maine homes are selling nearly a month faster than the national average
In March, the standard Maine home was selling after just nine days on the market, according to the Maine Association of Realtors.
A new restaurant in downtown Old Town is named for a larger-than-life Maine Guide
Ralph “Pepper” Martin is the inspiration for the entire business, from the fresh Maine seafood on the menu to the aesthetic of the interior.
228 acres purchased on MDI sets 25-year sale record
The 228-acre lot, which was assessed for tax purposes at $828,900, sold in March for $855,000.
Maine among world’s top summer Airbnb destinations this year
Maine was ranked eighth on a list of the top summer destinations worldwide based on searches from the first quarter of 2022.
The house $300K will buy you in different parts of Maine
Homes in the $300,000 range sell fast, sometimes the same day, with multiple bidders driving up the list price.
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