home sales
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PublishedJune 22, 2023
U.S. home resales barely rise as inventory constraints worsen
The constrained inventory levels, pared with high mortgage rates, continue to impede the resale housing market.
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PublishedJune 2, 2023
At $10 million, one of the priciest homes in Maine history goes to former SEC chair
Richard Breeden, known as 'King Richard' at the Securities and Exchange Commission, bought the Knox County estate in the most expensive home sale so far this year and the 6th-highest ever in Maine.
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PublishedMay 18, 2023
With a significant price increase in April, Maine’s housing market may be heating back up
The lack of inventory again hampered sales, but bidding wars are starting to resume and prices rose by more than 6%.
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PublishedMarch 30, 2023
Hundreds of Mainers have gone into real estate as the hot market begins to cool. Now what?
The number of real estate agents has been growing by double-digit percentages. But the trend may be reversing, even as younger agents join the field.
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PublishedMarch 23, 2023
U.S. sales of new homes rise unexpectedly, showing stabilization
The latest data – which showed last month's pace was the strongest since August – suggest the housing market may finally be gaining its footing after last year's rapid rise in mortgage rates.
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PublishedMarch 21, 2023
U.S. home sales surged in February as mortgage rates dipped
The surge in sales – the biggest on records going back to 1999 – ended a 12-month slide that knocked the nation's housing market into its deepest slump in nearly a decade.
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PublishedFebruary 22, 2023
Lack of inventory slowed Maine home sales in January
The most recent monthly data show the number of sales fell by double digits compared to a year ago, while prices rose modestly.
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PublishedFebruary 16, 2023
Where U.S. house prices may be most overvalued as climate change worsens
The nation's real estate market has yet to fully account for the increasing threats to millions of homes from rising seas, stronger storms and torrential downpours, according to new research published Thursday.
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PublishedDecember 21, 2022
Maine housing market may be easing for buyers, November numbers show
Prices are still rising, but at a slower pace than during the past two years, and mortgage rates fell slightly last month, according to data released Wednesday.
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PublishedDecember 21, 2022
U.S. home sales fell in November for 10th consecutive month
Home prices continued to rise last month, though at a far smaller rate than just a few months ago.
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