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Maine’s real estate market: low inventory, high demand

May 10, 2019 | Articles & Editorials

In the latest report from the Maine Real Estate and Development Association, analysts say commercial real estate activity is cooling off, but residential is holding strong.

Spring 2019 MEREDA Index Commentary – THE CONSTRUCTION COMPONENT – Richard Brescia, Cianbro

May 9, 2019 | Articles & Editorials

Richard Brescia, Vice President of Cianbro recently provided insight for the Spring 2019 Edition of the MEREDA Index by sharing his perspective on the Construction Sector over the last 6 months.  In late 2018 and early 2019, Cianbro continued to see strong...

Real estate trends point to a cooling economy, experts say

May 9, 2019 | Articles & Editorials

Experts at a Maine Real Estate and Development Association conference say the economic cycle that brought years of real estate market growth appears to be winding down.

Spring 2019 MEREDA Index Commentary – THE RESIDENTIAL COMPONENT – Elise Kiely, Esq., Legacy Properties Sotheby’s International Realty

May 9, 2019 | Articles & Editorials

Elise Kiely, Senior Vice President , Legacy Properties Sotheby’s International Realty recently provided insight for the Spring 2019 Edition of the MEREDA Index by sharing her perspective on the Residential Sector over the last 6 months.  We are continuing to see...

Commercial real estate activity declines in Maine amid residential gains

May 8, 2019 | Articles & Editorials

Lackluster commercial real estate sales and lease transactions during the past six months depressed the overall activity in Maine’s real estate market, though residential activity and construction employment nudged up, a real estate group said.
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