Maine is the state with the highest share of homes that are vacant for seasonal, recreational or occasional use, according to the U.S. Census Bureau.
housing prices
Posted inFact Brief, Maine, News
Does Maine have one of the highest homeownership rates in the US? | Fact brief
Despite high rates of homeownership, housing affordability remains a major issue.
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Posted inBusiness, Maine, News
New data on Maine’s mobile home parks could aid in fight against investors
The state has launched a data dashboard that includes information about lot rents and the number of units and vacancies in parks.
Posted inMaine, News
Population trends in Maine show a shift to the suburbs
Census data shows population growing in Portland’s immediate suburbs at a faster rate than the city itself, mirroring a national trend.
Posted inBusiness, Fact Brief, Maine, News
Will Maine need roughly 84,000 more housing units by 2030? | Fact brief
The oft-cited statistic comes from a study conducted on behalf of the Maine State Housing Authority in 2023.
Posted inBusiness, Maine, News
Maine needs more housing fast, but tariffs could slow efforts
Experts say the 25% tariff on steel and the threatened 25% tax on Canadian goods could increase home prices by up to 10%, undermining efforts to boost housing production and affordability.
Posted inBusiness, News
To improve economy, Maine must address struggling youth and high cost of living, report finds
A prolonged worker shortage is holding back the state economy, according the Maine Economic Growth Council and Maine Development Foundation.
Posted inBusiness, Maine, News
Maine home sales, prices jumped again in September
The median home sale price in Maine last month was over $409,000 – another record.
Posted inBusiness, Nation & World, News
Biden administration announces steps to increase housing supply as prices create crunch
The government’s new investments include providing $100 million to support affordable housing financing and other measures.
Posted inBusiness, Nation & World, News
Higher for longer rates mean no escape from the debt squeeze
Even where consumer spending looks solid, it’s often being funded by borrowing.