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Maine’s Housing Market was a November to Forget

Maine’s Housing Market was a November to Forget

by Phil Hall | Dec 23, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1,160 homes were sold in Maine during November, a slight decline from the 1,312 homes sold during November 2024. According to the Maine Association of Realtors, the state reported a median sales price of $399,000 for single-family existing homes sold in...
NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House

NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House

by Phil Hall | Dec 11, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A New York City man pleaded guilty in US District Court in Bangor, Maine, to submitting a false mortgage loan application and illegally maintaining a marijuana-involved premises. According to court records, Ken Yiu, purchased a house in Saint Albans, Maine, using an...
Maine Home Sales Up 10.73% from Last Year

Maine Home Sales Up 10.73% from Last Year

by Phil Hall | Nov 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1,651 single-family existing home sales were recorded in Maine during October, a 10.73% increase from one year earlier. According to data from the Maine Association of Realtors, the median sales price for homes sold hit $426,000, up 7.85% from October 2024....
Maine’s Housing Market was a November to Forget

Preservation of Affordable Housing to Start First Development in Maine

by Phil Hall | Nov 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Preservation of Affordable Housing (POAH) a national nonprofit affordable housing developer, has closed on the construction financing for Lambert Woods North, a six-building, 72-unit apartment complex in Portland, Maine. This is POAH’s first development in the state...
Maine Home Sales Rise as Prices Ease

Maine Home Sales Rise as Prices Ease

by Phil Hall | Oct 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1,582 single-family existing homes were sold during September in Maine, a 5.12% increase from the 1,505 transactions that occurred one year earlier. According to data from the Maine Association of Realtors, the median sales price during September was...
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