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PublishedMarch 15, 2024
National settlement on real estate commissions likely to have little impact in Maine, experts say
The National Association of Realtors agreed to change its commission structure but real estate professionals say Maine has already been following these rules for years.
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PublishedMarch 13, 2024
New 260-unit apartment complex approved in Augusta
Development of the market-rate apartments is expected to bring traffic to the intersection of Eight Rod and Old Belgrade roads.
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PublishedMarch 13, 2024
Augusta rejects new homeless shelter amid concerns for downtown safety
The Planning Board voted unanimously against a plan for a 40-bed homeless shelter after residents and business owners said it would be detrimental to the neighborhood.
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PublishedMarch 8, 2024
Sen. King co-sponsors bill to help teachers, law enforcement buy homes
The HELPER Act would eliminate both the downpayment and monthly mortgage insurance premium requirements for 'helpers,' including firefighters and medical first responders.
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PublishedFebruary 24, 2024
While Maine home prices continue to rise and inventory continues to fall, those trends are slowing
Data from Maine Listings shows the median sales price of a single-family home hit $353,000 in January, up 8.6% from $325,000 in January 2023.
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PublishedFebruary 12, 2024
Rockland seeing an increase in houses being condemned
The actions come after the city has received complaints, often from neighbors, about unsafe living conditions.
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PublishedFebruary 8, 2024
Committee’s recommendation calls for scrapping Augusta rental housing inspection proposal, annual fees for landlords
However, councilors did not vote on the issue at Thursday's informational meeting.
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PublishedJanuary 22, 2024
Maine high court ruling corrects foreclosure loophole; critics say it weakens homeowner protections
Previously, if a lender made a mistake when sending a default letter to a borrower, the mortgage was deemed unenforceable, leaving the borrower with a free house.
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PublishedJanuary 9, 2024
Waterville Planning Board approves mobile home park expansion, with conditions
The board also reviewed plans for a 37-unit, low-income apartment building on King Street and an 89-room hotel at the corner of Armory and Industrial roads.
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PublishedDecember 18, 2023
Bowdoin College offering employees up to $50,000 in forgivable loans to buy homes
The program, believed to be the first of its kind in Maine, is part of a trend of employers considering big perks to attract and retain employees in a challenging housing market.
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