While there are plenty of challenges this year including higher interest rates, continued high construction and materials costs and the threat of recession most of the larger construction companies have work booked well into next year.
With an Arctic blast bringing wind chills well below zero, cites are staffing temporary homeless shelters, Maine's largest power company prepped for power outages and ski areas were either closing or scaling back operations.
Coming off three strong years, more than 750 attendees at the MEREDA Real Estate Forecast Conference heard mixed news about sectors of the real estate market, with concerns about interest rates, tight inventory and the prospect of a recession.
While MaineHousing has estimated that the state needs between 20,000 to 25,000 units of affordable housing, each additional housing unit is being hailed as a step forward.