real estate
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PublishedApril 18, 2024
Maine home sales increased again in March and prices neared historic highs
Home prices usually peak in the summer. As the season heats up, real estate experts worry home ownership could grow farther out of reach for many Mainers.
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PublishedApril 16, 2024
Broadway legend Stephen Sondheim’s Connecticut home sold for $3.25 million
Sondheim died at his Roxbury estate in 2021 at age 91.
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PublishedApril 14, 2024
Impact of remote work still echoes in Portland’s office buildings
Though it has fared better than other metropolitan areas – the national office vacancy rate has hit record levels – the city, and its businesses, feel the pinch.
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PublishedMarch 6, 2024
Freeport shopping center sells for $20 million at auction
The company that holds the mortgage on the Freeport Village Center bought the 3.6-acre complex after the auctioneer received only one bid for $5 million, well below the $32.5 million assessed value.
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PublishedMarch 1, 2024
Entire block of downtown Freeport to be auctioned after developer breaches mortgage
The Freeport Village Station retail center, which is valued at $32.5 million and includes an L.L.Bean outlet, is scheduled to be auctioned Wednesday as part of a foreclosure.
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PublishedOctober 18, 2023
MEREDA shifts forecasting conference to February
The Maine Real Estate & Development Association also will introduce new presentation options when it holds its annual forecast conference on Feb. 29.
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PublishedOctober 15, 2023
Maine Voices: Calls for aggressive housing development miss bigger picture
The consequences of overdevelopment aren’t being given sufficient consideration.
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PublishedAugust 22, 2023
Have home prices bottomed? While low housing inventory stymies sales, bidding wars prop up prices
The combination of high borrowing costs and intense competition for affordable homes is keeping many first-time buyers on the sidelines.
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PublishedAugust 1, 2023
Commentary: Coastal real estate can’t seem to price climate risk
Too few homebuyers have the right information to make decisions amid rising sea levels. Some states are moving in the right direction, but not enough.
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PublishedJune 15, 2023
Linda Bean sued for $228,000 by Boulos Co. over real estate dispute
The granddaughter of L.L. Bean allegedly failed to pay the firm a required commission related to the sale of a retail building in Freeport.
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