
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.
Building permits in Maine were down 52 percent from February, and down 17 percent compared with March 2021.
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.
The policies the bill implemented could be the most important affordable housing effort to come to Maine in a generation.
We want your feedback on how you’ve been affected by high rents and apartment shortages.
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.
With many attracted to its rural nature and scenery, 3 out of 10 residents of Hanover moved from another state between 2019 and 2020.
Some 52.1 percent of homes in metropolitan Portland were equity-rich in the first quarter of this year — a good sign for homeowners.
For more than 120 years, Maine has led New England in its rate of homeownership, according to U.S. Census Bureau data.
One big difference in Cumberland’s population is the couples with young children moving into houses formerly occupied by one or two people.
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.
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.
In March, the standard Maine home was selling after just nine days on the market, according to the Maine Association of Realtors.
Ralph “Pepper” Martin is the inspiration for the entire business, from the fresh Maine seafood on the menu to the aesthetic of the interior.
The 228-acre lot, which was assessed for tax purposes at $828,900, sold in March for $855,000.
Maine was ranked eighth on a list of the top summer destinations worldwide based on searches from the first quarter of 2022.
Homes in the $300,000 range sell fast, sometimes the same day, with multiple bidders driving up the list price.
Loading…
Something went wrong. Please refresh the page and/or try again.