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real estate
Posted inBusiness
Reading the real estate tea leaves: Are we in for a housing bubble in Maine?
Between March and May 2021, the median sales price of a house statewide was up almost 22% to $285,000, compared to the same three months last year, according to the Maine Association of Realtors.
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Posted inBusiness, Local & State, News
Homes sales in Maine remained strong in May
Median sales and prices were both up 28% over the same month last year.
Posted inBusiness, Local & State
New statewide energy code aims for tighter buildings, lower emissions
Some worry that building contractors will have ‘a rude awakening’ with the change, which is effective July 1 and stems from bills passed in 2019.
Posted inBusiness, Local & State
Maine home sales and prices continued their steep climb in April
Sales of single-family homes jumped 35.7% from April of 2020, when Maine was shut down by the pandemic.
Posted inBusiness, Local & State
March showed no signs of slowdown for Maine housing market
Sales prices and the number of homes sold soared across the state in the first three months of the year, which one housing market leader called ‘astounding.’
Posted inNation & World
U.S. home prices soared in January by most in 7 years
Home sales have jumped in the past year, driven by a desire for more space among those Americans fortunate enough to keep their jobs.
Posted inBusiness, Local & State, News
Maine’s residential real estate market continues its hot streak
Sales of single-family homes in Maine rose 22.8% in February over the same month in 2020. Prices jumped by nearly 13%, to a median of $244,900.
Posted inBusiness, Local & State
Maine’s housing market defies typical January drop, builds on red-hot 2020
The high demand for homes in Maine continued to build on on a record-setting 2020 for the state’s housing market.
Posted inBusiness, Local & State
Maine’s housing market broke records in 2020, with sales and prices through the roof
Despite the pandemic, the year’s home sales outpaced all previous years, and the median price of homes sold rose to a new high of $256,000.