But headwinds from a stalled marijuana industry and an abundance of hotels in Portland could slow further growth, say presenters at the Maine Real Estate and Development Association forecasting conference.
housing
Posted inOp-Eds, Opinion
MaineHousing director: Tax bill will make our state’s affordable-housing crisis even worse
If private activity bonds lose their tax-exempt status, thousands of badly needed units won’t be constructed.
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Posted inLocal & State, News
As developers raze buildings to make room for bigger ones, some on Munjoy Hill seek a pause
Residents say the city needs time to assess the impact as larger condos replace apartments and historic structures in Portland’s booming East End.
Posted inBusiness, Life & Culture, Nation & World, News
Tiny-house villages face big opposition across the nation
There are at least a dozen cases across the U.S. of neighbors stepping in to halt development of the bite-size structures.
Posted inBusiness, Local & State, News
Portland’s rent-limit ballot measure conflicts with state evictions law, critics say
They argue that it would keep landlords from quickly removing problem tenants.
Posted inMaine Voices, Op-Eds, Opinion
More urgency needed in tackling problem that can seriously harm children – lead paint
It’s a widespread danger and we have the tools to address it, but we need to commit and take action.
Posted inBusiness, Local & State, News
Maine home sales get late-summer boost
Both sales volume and median sale price increased in August from a year earlier.
Posted inBusiness, Local & State, News
Affordable housing in the works for East Bayside, East Deering
The Portland Housing Authority is poised to file plans for 2 projects totaling more than 155 units of housing.
Posted inBusiness, Local & State, News
Developer aims to address need for affordable housing with new apartments in Parkside
Avesta Housing’s $10 million Deering Place would be available to residents with incomes of $20,000 to $40,000, a response to affordability concerns in Portland’s red hot real estate market.
Posted inLocal & State, News
Evicted without cause and forced to live in shabby room, Portland woman dies alone
Margaret Peters, who was 56, couldn’t find an affordable apartment in the city and ended up in a condemned building that she was desperate to leave.