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Portland condo market continues upward trajectory, new report shows

Sale prices rose 13% per square foot for existing condos in 2020 and another 13% in 2021. Despite new construction, inventory remains low and is expected to drive prices beyond list.

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Despite weaknesses in the economy, MEREDA conference showed optimism

Overall, the MEREDA conference, held Jan. 20 at the Cross Insurance Arena in Portland, presented a bullish if nuanced outlook for the Maine real estate industry in 2022.

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Sales of large multifamily units drop in Portland despite gains in other markets

Sales of larger multifamily dwelling saw a drop last year when other sectors of the real estate market saw record sales.

United statesJohn fineganTom landryBoulos coVitalius real estate groupMaine real estate information service incBenchmark realMaine real estate information serviceEast endBrit vitaliusVitalius real estateGreen new deal

Market for single-family homes may slow in Maine, but interest in multi-units is growing

Market for single-family homes may slow in Maine, but interest in multi-units is growing
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Market for single-family homes may slow in Maine, but interest in multi-units is growing

Industry leaders made their predictions for 2022 at the Maine Real Estate and Development Association’s annual real estate forecast conference Thursday.

United statesDava davinDevelopment associationPortland portside real estate groupPortland vitalius real estate groupMaine real estateCross insurance arenaPortside real estate groupBrit vitaliusVitalius real estate