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PublishedApril 18, 2024
Maine home sales increased again in March and prices neared historic highs
Home prices usually peak in the summer. As the season heats up, real estate experts worry home ownership could grow farther out of reach for many Mainers.
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PublishedApril 16, 2024
Broadway legend Stephen Sondheim’s Connecticut home sold for $3.25 million
Sondheim died at his Roxbury estate in 2021 at age 91.
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PublishedApril 16, 2024
Financing emerges as key obstacle to 250-unit apartment project in Augusta
Meanwhile, the Civic Center Drive site where market rate apartment complex was proposed to target medical workers has been put up for sale for $6.5 million.
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PublishedMarch 6, 2024
Freeport shopping center sells for $20 million at auction
The company that holds the mortgage on the Freeport Village Center bought the 3.6-acre complex after the auctioneer received only one bid for $5 million, well below the $32.5 million assessed value.
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PublishedMarch 1, 2024
Entire block of downtown Freeport to be auctioned after developer breaches mortgage
The Freeport Village Station retail center, which is valued at $32.5 million and includes an L.L.Bean outlet, is scheduled to be auctioned Wednesday as part of a foreclosure.
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PublishedOctober 15, 2023
Maine Voices: Calls for aggressive housing development miss bigger picture
The consequences of overdevelopment aren’t being given sufficient consideration.
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PublishedAugust 22, 2023
Have home prices bottomed? While low housing inventory stymies sales, bidding wars prop up prices
The combination of high borrowing costs and intense competition for affordable homes is keeping many first-time buyers on the sidelines.
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PublishedJune 15, 2023
Linda Bean sued for $228,000 by Boulos Co. over real estate dispute
The granddaughter of L.L. Bean allegedly failed to pay the firm a required commission related to the sale of a retail building in Freeport.
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PublishedJune 2, 2023
At $10 million, one of the priciest homes in Maine history goes to former SEC chair
Richard Breeden, known as 'King Richard' at the Securities and Exchange Commission, bought the Knox County estate in the most expensive home sale so far this year and the 6th-highest ever in Maine.
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PublishedMay 18, 2023
With a significant price increase in April, Maine’s housing market may be heating back up
The lack of inventory again hampered sales, but bidding wars are starting to resume and prices rose by more than 6%.
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