Her proposal includes the government providing assistance to first-time buyers, tax breaks for homebuilders, and expanding existing incentives for companies that construct rental homes.
housing
Posted inBusiness, News
Price of typical Maine home hovering around $400,000, but more are hitting the market
The median home sale price in Maine last month was $399,250 – a 5% increase over July 2023, but a slight dip from the record high of $406,000 reported this June.
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Posted inLocal & State, Morning Sentinel
Waterville council votes again to send controversial church rezoning request to planners
The council voted 6-0 Tuesday to refer to the Planning Board for hearing and recommendation a request by First Church of Waterville to rezone Park Street properties so it can expand parking and create auxiliary parish house facilities.
Posted inAnimals, Life & Culture, Local & State
Gulf of Maine lobsters are experiencing a housing crisis
While lobster populations have declined recently, decades of growth in the Gulf of Maine have led to changes in the animals’ habitat, scientists say.
Posted inBusiness, Local & State, News
Eviction filings are down in Maine, but threat is still high
Observers disagree over whether the data signal an abatement in the housing crisis or if the numbers fail to include ousted tenants who don’t end up in court.
Posted inBusiness, Local & State, Morning Sentinel, News
Mobile home park proposed for site of former Skowhegan Drive-In Theatre
The town’s Planning Board discussed preliminary plans Tuesday for a 32-lot mobile home park during a pre-application review.
Posted inBusiness, Nation & World, News
U.S. housing starts increase on pickup in multifamily construction
Reports showed the number of homes under construction dropped to the lowest level since the start of 2022, suggesting builders are focused on keeping inventory more in line with demand.
Posted inTimes Record
Second part of Brunswick Landing development underway
The Atlantic Pointe development at 10 Townsend Lane is now starting the second phase of its project as it begins renting out available apartments.
Posted inKennebec Journal, Local & State, News
Augusta senior housing project with 34 units moves closer to construction
The $11.3 million project was recently awarded Community Development Block Grant funds and won approval of MaineHousing.
Posted inBusiness, Local & State, News
Typical Maine home now costs over $398,000 – a record
The median home price of $398,250 in May broke the previous record of $385,000 set in June 2023.