real estate
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PublishedJune 23, 2024
As seasonal home sales grow in Maine, businesses pop up to watch them
Maine has the highest percentage of second homes in the country, and Portland has been named the nation's hottest luxury real estate market for almost a year. Entrepreneurs are cashing in on the trend.
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PublishedJune 21, 2024
Typical Maine home now costs over $398,000 – a record
The median home price of $398,250 in May broke the previous record of $385,000 set in June 2023.
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PublishedJune 10, 2024
Deer Isle home of late musician Dan Fogelberg is for sale
The waterfront property off Eggemoggin Reach is on the market for $2.4 million, and many of his belongings from the estate will be sold at auction this month.
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PublishedJune 2, 2024
Seeing opportunity in urban transformation: selling new construction in Portland’s Bayside neighborhood
Like Munjoy Hill 15 years ago, Bayside is heading for a value boom. But this time development is being done with community thought and intention.
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PublishedMay 22, 2024
Maine home sales rise for third month, and prices inch closer to record high
In April, 933 homes were sold in Maine and the median sale price was $382,000, according to data released Wednesday.
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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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