Tag Archives: Real estate

Maine mortgage closing costs rise slower than national trend

Closing on a mortgage has gotten more expensive in the past year, but closing costs in Maine are rising slower than the national average. Experts interviewed by financial data aggregator Bankrate said the increases in recent years mostly are due to new mortgage regulations. Bankrate’s latest survey shows mortgage closing fees rose about 3.7 percent in Maine from […]

Maine real estate activity rises slightly, remains below pre-recession levels

Real estate activity in the state rose in the first quarter of 2014 but remained below pre-recession levels, according to an index first unveiled last year by the Maine Real Estate and Development Association. Residential activity accounted for much of the growth for the most recent period. Here’s a look at the quarterly index and its component parts — construction, […]

Maine single-family home sales buck national decline, up 10 percent in first quarter

The number of single-family home sales in Maine rose more than 10 percent in the first quarter of 2014 compared with the same period last year, capped by strong growth in March, when sales dropped in the Northeast and across the country. Maine Listings, a service run by the Maine Association of Realtors, reported 892 single-family homes […]