Residents are buying their parks and proposing rent control ordinances to fend off cost increases that have been introduced after parks have sold to capital equity firms.
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Posted inBusiness, Local & State
What 4 Maine mobile home residents say about park ownership
Residents of four mobile home parks share how they fought private investors — with varying degrees of success.
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Posted inBusiness, Local & State, News
Maine home sales, prices, inventory all up in February
Real estate experts say increased inventory points toward a positive spring market.
Posted inBusiness, Local & State, News
Portland Planning Board tables controversial North Deering condo development
The original developer appears to have been demoted after his business partner, city officials and community members voiced concerns about his financial standing and ability to carry out the work.
Posted inBusiness, Local & State
Developer who owes the city money seeks approval for North Deering project
The Portland Planning Board may vote Tuesday on the proposed 54-unit condo development near the Presumpscot River Preserve, but financial and environmental concerns could come into play.
Posted inBusiness, Local & State, News
More and more Maine homes are selling for millions of dollars
Maine’s luxury real estate market had a record year in 2024, while the number of properties sold for more than $1 million has quadrupled over the last 5 years.
Posted inBiddeford-Saco-OOB Courier
Biddeford affordable housing proposal clears important hurdle
Bateman Partners is one step closer to being approved to build 60 new affordable housing units and renovate 32 more in Biddeford.
Posted inBusiness, Local & State, News
Hundreds of apartments headed for East End, Thompson’s Point
Two projects approved by the Portland Planning Board this week will add much-needed housing — but for one of them, the lack of parking could spell trouble.
Posted inBusiness, Local & State, News
Maine home prices rose in January, and so did sales
The year kicked off with the same trends from 2024.
Posted inLocal & State
YMCA family shelter in Portland to close next month
The shelter is home to 22 families and doesn’t have enough funding to stay open after a federal freeze on emergency management funds.