Maine home sales held steady in March
Judy Oberg, the president of the Maine Association of Realtors, anticipates more homes will come on the market the next two months.
NATIONAL BUSINESS
Everything we know about the plan to put condos in the Bangor Mall
The BDN talked to Michael Cole, a representative for the company planning to buy the Bangor Mall from Namdar Realty Group.
This little Maine island with a house you can live in all year is selling for $685K
Measuring only 487 square feet, the year-round, fully furnished home in Waterboro takes up most of the .09-acre island it sits on.
Value of billionaire’s MDI estate grows as construction continues on former Rockefeller property
Mitchell Rales, a minority owner of the Washington Commanders, has spent millions renovating the oceanfront property he bought in 2018.
These 5 Hermon homes sold in March
Homes selling for above asking were typical years ago due to high demand and low inventory, but properties are now sitting on the market longer.
Bangor’s Airport Mall sold for $13 million
The sale coincides with Tuesday’s news that the Bangor Mall on the other side of town is being sold to a local buyer.
Owner of MDI mansion slashes price by $10M and still can’t find a buyer
The 10-bedroom, 11-bathroom estate is perched on a cliff near the southern tip of Mount Desert Island’s Seal Harbor neighborhood.
Maine electric ratepayers could get refunds for 15 years of overpaying for power transmission
Utilities could be forced to refund ratepayers across New England more than $1 billion.
You can buy this remote Maine island near the Canadian border for $259K
Little Dochet Island is part of Robbinston, Maine, but sits in the St. Croix River, which the U.S. and Canada share.
Is AI denying your insurance claim? It’s happening way more than you think
AI’s role in insurance is already spawning lawsuits and battles over its regulation, as well as a lot of anxiety about its role in the future.
Controversy follows Bangor housing developer as she plans next project
The Maine Woods became one of Bangor’s most controversial developments, over concerns that neighbors say have come true in the years since.
Mortgage rates are surging because of the Iran war. Here’s what to do.
As many Americans struggle to afford higher prices on everything from milk to gas, borrowers need all the help they can get. That’s why adjustable-rate mortgages are getting another look.
How much Maine fuel prices have changed since the start of Iran war
Since the war in Iran started at the beginning of the month, fuel prices in Maine and across the nation have been heavily impacted over the past three weeks. Between March 2 and data reported March 23, the average price of a gallon of heating oil increased by nearly a dollar and a half, according…
Ellsworth looks to assist workforce housing project with $1M state grant
The plans for the affordable housing units include a 36-unit condominium, with 13 apartments to be sold at market rate.
US fixed 30-year mortgage rate jumps to 6-month high as Iran war drags on
The rate has now increased for four straight weeks, undercutting the Trump administration’s efforts to make housing more affordable.
5 things you need before buying a house in Maine
This is what Maine real estate agents suggest you put on your list of things to address before you get too serious about closing on a home.
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