Good luck house hunting in Maine. Inventory is way down
Last June, there were 20 percent more homes on the market in Maine. Same goes for the June before that.
Tag Archives: Housing
Report: Maine among least affordable states for renters
A report by the National Low Income Housing Coalition has put Maine among the states where it’s hardest to afford housing and rated the Bangor and Portland areas as equally difficult to make rent on a two-bedroom apartment. The report compared federal estimates of fair-market rent for a two-bedroom apartment with wage data from states and metro areas, measuring where the gap is the […]
Home sales up, median sales price down in Maine for second quarter of 2014
The volume of single-family home sales in Maine continued to rise in the second quarter of 2014, up about 10 percent from the second quarter of last year. The increase in sales volume was coupled with a decline in the median sales price for the second quarter. Within that three-month period, June marked the largest increases over last year, […]
