Many big-city dwellers, particularly millennials and those with a connection to Maine, are looking for more affordable areas such as Portland to settle down and raise their families.
real estate
Posted inBusiness, Local & State
Developers to break ground on new Bayside housing Wednesday
The 7-story building will have more than 50 apartments, most reserved for low-income seniors.
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Posted inBusiness, Local & State, News
Developers break ground on commercial section of Downs project
The project’s ‘Innovation District’ has 57 lots on about 70 acres that have been cleared on the sprawling development connected to the Scarborough Downs racetrack.
Posted inBusiness, Local & State, News
Maine home sales set a record in 2018, and they’re not far off the pace this year
Through August, the total number of sales was less than 1% below the first eight months of 2018 – the state’s best sales year ever.
Posted inBusiness
Gorham Savings opens branch in historic Yarmouth train depot
The branch in the Grand Trunk Railroad Depot on Main Street opened after a yearlong restoration project.
Posted inBusiness, Local & State, News
Proposed demolitions on Munjoy Hill revive concerns about development
Two projects planned for the neighborhood require tearing down homes in a historic conservation area that was created last year.
Posted inBusiness, Local & State, News
Maine housing advocate to get national award
Joe Wishcamper of Freeport is one of 2 recipients of this year’s Housing Vision Award from the National Housing and Rehabilitation Association.
Posted inBusiness, Local & State
Buyer plans to flip Bar Harbor mansion to benefit animal shelter and UNE
Portland philanthropist Art Girard bought East of Eden for $4.1 million at auction and plans to resell it to benefit the Animal Refuge League of Greater Portland and UNE.
Posted inBusiness, Local & State, News
Historic Bar Harbor mansion once listed for $15.5 million is going up for auction
East of Eden, an 8-bedroom, 12-bathroom waterfront mansion on the National Register of Historic Places, goes on the auction block Sept. 7.
Posted inBusiness
Maine home sales flat, prices up slightly in July
The median sale price of existing single-family homes in Maine increased by about 2 percent compared with a year earlier.