A total of 753 home sales were closed in Maine last month, a 6.51% increase from the 707 sales transacted in February 2024. According to data from the Main Association of Realtors, the statewide median sales price for those sales was $381,500, a 9% jump from the...
The Maine housing market recorded a 6.81% year-over-year increase in sales of single-family existing homes, rising 1,301 transactions in November compared to 1,218 one year before. According to data from the Maine Association of Realtors, the statewide median sales...
A Maine legislator is proposing a constitutional amendment that would put a 2% annual cap on property tax assessment increases for residents who are 65 years and older. The Bangor Daily News reported State Sen. Joe Baldacci’s proposal would only apply to primary...
A total of 1,486 homes were sold in Maine during September, up 5.39% from the 1,410 transactions recorded one year earlier. According to data from the Maine Association of Realtors, the state’s median sales price last month was $409,450, up 8.68% from the $376,750...
KBS Builders Inc. has signed two contracts totaling $4.6 million to manufacture 40 modules for the construction of cottages and affordable housing units in Maine. One contract is a $3 million project to manufacture 32 modules for the construction of 15 one- and...
FBI Investigating Lurin Capital Amid Multifamily Collapse
