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Maine Real Estate & Development Association Awards Top 6 Notable Projects of 2018

Projects from Portland to Boothbay Harbor to Augusta received special recognition at MEREDA’s 2019 annual Spring Conference in Portland on May 7.   The exemplary projects from across the state, completed in 2018, not only embody MEREDA’s belief in responsible real estate development, but also exemplify best practices in the industry, contributing to Maine’s economic growthRead More

Retail Trends Moving Forward in 2019

Karen Rich, Broker, Malone Commercial Brokers I was happy to present the Greater Portland Retail portion of the MEREDA 2019 Forecast conference last month in Portland, where we took a look back at 2018 and where retail trends are moving forward in 2019. Locally, the retail market has remained very strong.  Greater Portland numbers showRead More

Maine’s Affordable Housing Needs Go Through the Roof, Leading to Call for New State Tax Credit

Greg Payne, Director, Maine Affordable Housing Coalition Maine is experiencing a fundamental mismatch between its housing stock and its housing needs, and that mismatch is creating enormous problems for our families and our state’s economic well-being. For tens of thousands of Mainers, the price, quality, size and location of the homes available to them are simply outRead More

The Future of Home Buying

Dava Davin, Principal, Portside Real Estate Group Will technology make real estate transactions a whole lot easier? The number of single-family home transactions in Maine has been flat for the last three years and is not expected to increase any time soon. This is a reflection of the economy, age of Mainers, and an inventoryRead More

Build-to-Recruit

How the Right Workspace Can Help Your Recruiting Efforts by Jessica Estes, Partner, Broker, The Boulos Company As of August, the unemployment rate was 2.4% in Cumberland County, Maine. At this level, economists will tell you that everyone who wants a job has one. So attracting talent means, in most cases, attracting people who already have jobs.Read More

The times they are a changin’

by Justin Lamontagne, CCIM, SIOR, Partner, Broker at NAI The Dunham Group My mind wandered recently while on a long solo drive, as it often does. I had the music cranking and, in typical Maine fashion, cell phone coverage was spotty. It was nice to effortlessly jump from thoughts of the holiday season with myRead More

Selecting the Right Project Delivery Method

Kenneth E. Rubinstein, Attorney, Preti Flaherty Ben Piper, Attorney, Preti Flaherty Cordelia Pitman, Director of Preconstruction Services, Wright-Ryan Construction Identifying the right construction project delivery method is critical to successful execution. Three of the most common delivery methods are Design-Bid-Build, Construction Manager (CM) at Risk, and Design-Build. Each of these methods has benefits and drawbacks.Read More

Four Real Estate Leaders Honored at the MEREDA Forecast Conference in Portland

A record of nearly 1000 of Maine’s real estate professionals gathered on January 17 to hear experts give statewide economic projections at the Maine Real Estate & Development Association’s (MEREDA)’s annual Forecast Conference, sponsored by TD Bank, in Portland. In addition to a daylong event featuring economic overviews by region and by industry, the 2019Read More

Want to Know What’s Really Happening in Maine Real Estate? The MEREDA Index Has More Than Just The Numbers.

The MEREDA Index, a key economic indicator for the state of Maine, was presented yesterday at the Maine Real Estate & Development Association’s (MEREDA) 2019 Annual Forecast Conference.  While the Index was little changed in the last six months, declining by 0.2% since the first quarter of 2018, the individual components of the Index—commercial, residential,Read More