Although sale prices are still on the rise, the number of homes sold continued to decline, and some agents say houses are staying on the market longer and sellers are getting fewer offers.
Hannah LaClaire
Staff Writer
Hannah LaClaire is a business reporter at the Portland Press Herald, covering Maine’s housing crisis, real estate and development, entrepreneurship, the state's cannabis industry and a little bit of everything else. Before joining the Press Herald in 2021, Hannah covered the town of Brunswick for The Times Record. In her free time, she enjoys reading, running and weekends up at camp. She lives in Springvale with her husband and daughter, their dog and two tuxedo cats.
Posted inBusiness, Local & State, News
Kittery blocks 900-unit, mixed-use development
Residents pushed back against the Dennett Landing project, which could have increased the town’s population by over 20 percent.
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Posted inBusiness, Local & State, News
Gas prices decline, but experts unsure if the trend will continue
The average price of regular gasoline in Maine is down 32 cents a gallon from its June peak, with York County reporting the lowest countywide average.
Posted inBusiness, Local & State, Nation & World
Appeals court reaffirms seasonal ban on lobstering in effort to protect right whales
A federal court had issued a preliminary injunction to halt enforcement of rules that prohibited lobstering in a portion of the Gulf of Maine.
Posted inLocal & State
Federal court rules that regulators haven’t done enough to protect right whales
The ruling says the National Oceanic and Atmospheric Administration violated both the Endangered Species Act and the Marine Mammal Protection Act.
Posted inLocal & State
Two injured in private plane crash at Portland Jetport
The small Cessna crashed and broke apart shortly after taking off Friday afternoon, city officials said.
Posted inBusiness, Local & State, News
Maine lobster industry could receive nearly $14 million in federal aid
The funding would help the industry comply with new rules intended to save the critically endangered right whale.
Posted inBusiness, Local & State, News
Rebecca Hatfield named new president, CEO of Avesta Housing
Hatfield will lead the nonprofit at a critical point in Maine’s escalating affordable housing crisis.
Posted inBusiness, Local & State
Maine homebuyers are skipping the inspection. Experts say it’s a risky move.
The practice has become increasingly common as prospective purchasers, frustrated by the state’s red hot real estate market, are doing whatever they can to put in the winning bid.
Posted inBusiness, Local & State
Maine Med reaches $150 million goal for Portland hospital expansion
Still, the hospital is extending its goal by an additional $20 million for ‘further investments made necessary by the challenges of the COVID-19 pandemic.’