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Real Estate & Construction
MEREDA 2025: A roundup of industry reports from the forecast conference
February 28, 2025At least 900 to 950 people were in attendance at the Maine Real Estate & Development Association's forecast conference, which was held at the Holiday Inn by the Bay in Portland.
February 28, 2025
Plans advance for affordable rental housing in Bar Harbor
February 28, 2025The YWCA of Mount Desert Island conceived of the project for year-round residents who don’t qualify for subsidized housing but d on’t earn enough to purchase a home in the area’s escalating market.
February 28, 2025
Cumberland County home market sees shifts in January
February 28, 2025Even with an uncertain home market, more homeowners are choosing to list their homes rather than wait for further market changes.
February 28, 2025
MEREDA 2025: Tariff uncertainties cloud Maine real estate, economic outlook
Updated: February 28, 2025More than 900 people attended the Maine Real Estate & Development Association's annual conference Thursday in Portland.
Updated: February 28, 2025
An Aroostook County town's plan for cultural center wins key grant
Updated: February 26, 2025The town of Van Buren's plan to create the Acadian Arts Center received a boost as the Maine Redevelopment Land Bank Authority’s first grant awardee.
Updated: February 26, 2025-
MEREDA 2025: Value of Maine homes sold last year totaled $7.2B
Updated: February 28, 2025Luxury buyers, many of whom are paying cash, are driving up the value of the overall housing market, but making it harder for first-time buyers to find a home.
Updated: February 28, 2025
Yarmouth affordable housing project gets swift planning board approval
Updated: February 25, 2025A parking lot behind Yarmouth Town Hall on Cleaves Street is targeted for an affordable housing project with 18 apartments to be built this fall, utilizing modular construction.
Updated: February 25, 2025
Former SoPo school could be converted to offices, art space and other uses
Updated: February 25, 2025The city council is forming a committee to work out recommendation on a design, cost estimate and funding plan to be sent to voters.
Updated: February 25, 2025
MEREDA conference to feature a broad range of industry experts
February 24, 2025Real estate and construction professionals from across the state will come together for MEREDA's annual conference on Thursday, Feb. 27, at the Holiday Inn by the Bay in Portland.
February 24, 2025
Repaired Babb’s covered bridge reopens ahead of schedule
February 24, 2025The covered bridge connecting Windham to Gorham over the Presumpscot River is fully operational again. The bridge was heavily damaged last summer when an overloaded dump truck broke through the bridge deck and fell into the water below.
February 24, 2025
Winter doldrums no obstacle for Maine homebuyers in January, with sales up 13%
Updated: February 24, 2025Strong January numbers show continued buyer interest statewide. For-sale inventory is 16% higher than a year ago.
Updated: February 24, 2025
Residents buy Bangor mobile home park for $8M, plan new homes
Updated: February 24, 2025The people who live at Cedar Falls Mobile Home Park were worried that if a developer came in, their community would go away. The cooperative model allowed them to secure financing to buy the land themselves.
Updated: February 24, 2025
Collaboration preserves affordable housing in Aroostook County
Updated: February 21, 2025The seller worked with the Genesis Community Loan Fund to sell the property to the Presque Isle Housing Authority, rather than risking it being lost to the private market.
Updated: February 21, 2025
Room to cruise: Harley-Davidson dealership will move from Portland to Gorham
Updated: February 24, 2025Many riders live in the Gorham area, where the new store will be more centrally located than the Portland store. The buyer market has room to grow with younger people.
Updated: February 24, 2025Colliers hire brings experience in commercial finance and investment
Updated: February 24, 2025A background in commercial banking, investment real estate, and development is expected to add immediate value.
Updated: February 24, 2025Midcoast commercial leases signed fell by roughly one-third in 2024
Updated: February 24, 2025The region’s market dynamics are expected to present challenges for larger industrial and office users. But there are opportunities for smaller businesses to find niches.
Updated: February 24, 2025
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