As need to bolster housing stock takes center stage, implications of LD 2003 at forefront.
housing
Posted inBusiness, Maine, News
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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Posted inBusiness, Nation / World, News
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.
Posted inMaine, News
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.
Posted inMaine, Uncategorized
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.
Posted inBusiness, Maine, News
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.
Posted inBusiness, Maine
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.
Posted inBusiness, Lewiston-Auburn, News
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.
Posted inBusiness, Nation / World, News
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.
Posted inMaine, Politics
Legislative panel approves scaled-back affordable housing bill
Housing reformers and home-rule defenders struggled to find middle ground on Maine’s affordability crisis.