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Michael Lane of Richmond, partner at Preti Flaherty, has been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA), a statewide organization of commercial real estate owners, developers and related service providers.

In a competitive solicitation concluded today, the Maine Public Utilities Commission (“Commission”) set new prices for standard offer electricity supply for customers of Emera Maine – Maine Public District (Emera Maine) who receive standard offer supply service. The new prices are effective November 1, 2016

The Maine Real Estate & Development Association (MEREDA) has announced that Lawrence A. Wold, president of TD Bank has retired from MEREDA’s Board of Directors after 18 years of service. During this time, Larry served as president from 2000 – 2002 and was recognized with MEREDA’s Volunteer of the Year Award in 2003. During his tenure, Larry spearheaded an initiative to assist with MEREDA’s new member recruitment efforts

The Maine Real Estate & Development Association (MEREDA) is pleased to announce its 2015-16 slated officers, which include Paul Peck of Drummond & Drummond, Brian Curley of PDT Architects, and Bruce Jones of Creative Office Pavilion, all serving as Vice Presidents, and Bill Shanahan of Northern New England Housing Investment Fund as Treasurer. Michael O’Reilly of Bangor Savings Bank will continue as President, in the second year of his two-year term, and Shelly R. Clark has been promoted from Assistant Secretary to Secretary of the Board.

According to Maine Listings, 1,335 single-family existing homes changed hands last month, leading to a 2.53 percent increase in sales overall. The median sales price (MSP) for those homes reached $185,000—a rise of 8.86 percent. The MSP indicates that half of the homes were sold for more and half sold for less.

MaineHousing will honor 28 exceptional property owners and landlords who participate in the Section 8 Housing Choice Voucher Program during the agency’s first Owner Excellence Program ceremony on Tuesday, June 9, in Augusta

The Maine Real Estate & Development Association (MEREDA) recently announced winners of its 2014 Notable Projects Awards at its annual Spring Conference in Portland last week. Each of the selected seven projects fulfill MEREDA’s mission of responsible development, but also involved a significant investment of resources and job creation statewide. All of these “noteworthy and significant" real estate projects were completed in 2014 and are fully tenanted

Motivated buyers and sellers led to an increase in existing home sales in April. Realtors sold 1,032 single-family existing homes during the month of April 2015, up 1.67% over April 2014. The median sales price (MSP) for those homes rose 5.33 percent last month to $178,000. The MSP indicates that half of the homes were sold for more and half sold for less.

Over 280 industry professionals gathered this week to discuss the commercial real estate implications of Maine’s booming food and beverage economy. Maine has become a culinary destination, known for not just lobster, but beer, coffee, organic produce, sea and freshwater products. An exploding foodie culture means a growing need for production facilities, enhanced supply chains, specialty storage and many other real property infrastructure assets, old and new.

Healthy real estate market conditions led to gains in both March sales and prices for Maine’s single-family existing homes. Maine Listings today reported a 6.5 percent uptick in sales over the past 12 months. Median sales prices (MSP) for those homes increased 4.94 percent to $170,000. The MSP indicates that half of the homes were sold for more and half sold for less

Governor Paul R. LePage today once again addressed the issue of affordable senior housing, emphasizing it is best addressed by refocusing existing resources within the State rather than taking out more loans at the expense of all Maine taxpayers

Maine’s real estate and lending experts are forecasting a solid home-buying season this year, and MaineHousing is improving its First Home Mortgage Program to help prospective buyers take the guess work out of choosing a home loan

For many Maine homeowners the arrival of chilly temperatures means filling their home heating oil tanks. The Maine Department of Environmental Protection is reminding homeowners to reduce the likelihood of a home heating oil tank spill by taking measures to protect the environment and their fuel investment.

AUGUSTA - November 9, 2012 - (RealEstateRama) -- As temperatures drop, the Maine Department of Environmental Protection is offering two free workshops to help private and public snowplow operators and property managers learn to apply de-icing salt in a way that protects the environment and saves money.

AUGUSTA - October 22, 2012 - (RealEstateRama) -- As National Lead Poisoning Prevention Week begins, Maine’s renters now can search for healthy homes through a lead-safe property search feature that goes live today on the state’s leading online housing website, www.MaineHousingSearch.org