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PublishedMay 15, 2022
Some of Maine’s seasonal businesses are going to extremes to house workers
Tourism-reliant businesses are renting out hotel rooms and private residences to staff, and a few are even building new housing for their seasonal workforce.
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PublishedMay 12, 2022
Mortgage rates edge up, adding hundreds to buyers’ monthly payments
High prices and multiple-offer situations have made it almost impossible for first-time home buyers to purchase property this spring. Rising mortgage rates compound that problem.
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PublishedMay 10, 2022
Watch: Fire destroys 122-year-old Farmingdale house under renovation to be sold
The Northern Avenue home, owned by John Jaques of Keller Williams Realty, was under renovation and nearing completion as a four-bedroom, two-bathroom home.
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PublishedMay 5, 2022
Maine launches $50 million homeowner assistance fund
Benefits of up to $25,000 per household will be available for those who are at risk of losing their homes due to COVID-related financial hardships.
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PublishedApril 18, 2022
With few houses and high prices, buying a Maine home is only getting harder
Some towns have only a few homes available. Some buyers bid and bid and get outbid every time.
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PublishedApril 4, 2022
Freeport plan would add neighborhood appeal to its downtown
Town officials have hired a consultant and are holding public meetings on a downtown transformation plan that would add more housing and local businesses.
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PublishedMarch 27, 2022
Legal opinion could prompt delay in Auburn rezoning effort
Auburn officials will be urged to table a vote Monday on an ambitious rezoning of the city’s core residential area, a change that has led to fears from the public. But the City Council will have a few options.
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PublishedMarch 17, 2022
Mortgage rates spike to highs not seen in nearly three years
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average jumped to 4.16% with an average 0.8 point.
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PublishedMarch 16, 2022
Legislative panel approves scaled-back affordable housing bill
Housing reformers and home-rule defenders struggled to find middle ground on Maine's affordability crisis.
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PublishedMarch 13, 2022
Strip malls could solve America’s housing crisis
They're a blight on the suburban landscape. If razed and replaced with multifamily units, however, they could relieve pressure on the country's hottest real estate markets.
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