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.
housing
Posted inBusiness, Maine
Maine home listings pricey and scarce, with mortgage rate hikes on the way
Home prices in the state continued to rise in the first month of the year, while the number of available homes for sale continued to fall.
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Posted inBusiness, Lewiston-Auburn, News
Former Martel school redevelopment inches closer to reality
Key financing for the planned 44-unit senior housing project has been secured.
Posted inBusiness, Lewiston-Auburn, News
Auburn council forwards zone change proposals aimed at development
The Planning Board and City Council will consider at least three zoning amendments this spring.
Posted inBusiness, Maine
State will use $3.5 million in federal funds to help older Mainers pay property taxes
Gov. Mills said the loans will cover annual property tax bills for some residents who are unable to pay them and are age 65 and older or are permanently disabled.
Posted inBusiness, Nation / World
Mortgage rates hold steady despite volatility in financial markets and new COVID concerns
The arrival of the first case of the omicron variant of the coronavirus in the United States on Wednesday brought with it new uncertainty about how it will affect the economy.
Posted inLewiston-Auburn, News
Lewiston to consider ‘right to housing’ ordinance
The proposal has already been met with criticism from city staff and a legal review.
Posted inBusiness, Lewiston-Auburn, News
Lewiston program looks to help people traverse ‘panicked’ housing market
‘Renter 2 Owner’ offers a first-time homebuyer course that covers budgeting, financing and mortgages, and home maintenance and repair.
Posted inBusiness, Lewiston-Auburn
48 luxury apartments announced for complex near Auburn’s Exit 75
The units expected to be ready for tenants in Spring 2023.
Posted inLewiston-Auburn, News
Auburn council sets vote on expanding ‘strip’ zoning
The issue, aimed at providing more buildable area for residential development where allowed, could be decided by the next City Council.