More homes changed hands, and at a higher median price, than in any year since Realtors began tracking the data 20 years ago.
housing
Posted inBusiness, Life & Culture, Local & State, News
Stalemate stalls Midtown project while Portland’s interest payments stack up
The city and the developer of the $85 million project planned in Bayside accuse each other of holding up progress.
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Posted inBusiness, Nation & World, News
Seattle’s dubious honor: The most construction cranes
The city took over the national lead in 2016.
Posted inBusiness, Local & State
Real estate development was strong, but not crazy, in 2018
Most sectors had more moderate growth than in the previous two years.
Posted inAnimals, Business, Life & Culture, Nation & World, News
The unlikely tenants of a studio apartment in Silicon Valley: Two cats
The inseparable pair are living there for $1,500 a month, a good deal in the Bay Area’s super-tight housing market.
Posted inBusiness, Local & State, News
Insiders say Maine’s real estate market will likely cool in 2019
Rising interest rates, high construction costs and economic uncertainty are all cited as contributing factors.
Posted inLocal & State, Politics
Mills releases bonds for senior housing that LePage blocked for 3 years
The $15 million package would create an estimated 200 new affordable housing units, with $500,000 earmarked for home repairs for low-income seniors.
Posted inLocal & State, News
Portland looks to make workforce housing more affordable
But the demand for the three units put on the market has been so weak that the city is adjusting the program.
Posted inLocal & State, News, Schools and Education
Registration is slow under South Portland’s new short-term rental rules
Only one property was registered, inspected and licensed in the first two weeks – a single-family waterfront home near Willard Beach offering hosted stays overlooking Casco Bay.
Posted inBusiness, Local & State, News
Maine home-buying compromised as federal shutdown enters Day 21
Closures of government agencies are starting to affect the part of the housing market that depends on federally backed loans, making buyers, sellers, renters and brokers wary.