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PublishedJanuary 23, 2019
Portland council decides hotel developers will help fund affordable housing
The city hopes to increase its affordable-housing stock by requiring developers to build low-income housing or pay a $3,806 fee per hotel unit.
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PublishedJanuary 22, 2019
Maine home sales and prices hit record highs in ‘total frenzy’ of 2018
More homes changed hands, and at a higher median price, than in any year since Realtors began tracking the data 20 years ago.
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PublishedJanuary 17, 2019
Silicon Valley landlord rents $1,500 studio to 2 cats
The inseparable pair are living there for $1,500 a month, a good deal in the Bay Area's super-tight housing market.
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PublishedJanuary 17, 2019
Insiders say Maine’s real estate market will likely cool in 2019
Rising interest rates, high construction costs and economic uncertainty are all cited as contributing factors.
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PublishedJanuary 15, 2019
Mills releases bonds for senior housing that LePage blocked for 3 years
The $15 million package would create an estimated 200 new affordable housing units, with $500,000 earmarked for home repairs for low-income seniors.
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PublishedJanuary 10, 2019
Maine home-buying compromised as federal shutdown enters Day 21
Closures of government agencies are starting to affect the part of the housing market that depends on federally backed loans, making buyers, sellers, renters and brokers wary.
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PublishedJanuary 9, 2019
Mills to authorize sale of long-stalled senior housing bonds
Approved by 69 percent of voters three years ago, the $15 million in bonds to help finance construction of affordable senior housing units had been held up by Gov. Paul LePage.
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PublishedJanuary 4, 2019
Affordable housing project breaks ground in Auburn
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PublishedJanuary 1, 2019
Rwandan woman finds home in Maine with loan for asylum seekers
A new program offers zero-interest loans to asylum seekers who need security deposits to get homes of their own.
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PublishedDecember 31, 2018
Nine housing projects in Maine receive federal aid
The $15.3 million in grants and loans are earmarked for affordable housing.
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