Page 4 - Benchmark Real News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Anyone who isn't aware of the up up up price trend in Maine residential real estate over the past year is living in a (probabably very expensive) cave. And, in Portland, that's a trend on steroids. The median price of a single-family home in Portland jumped from $460,000 in February to $514,500 in March, according to the monthly stats put out by Benchmark Real Estate. Those listing a home can expect it to spend a zippy six days on the market. Multifamily Portland prices had a similar hike from February, with the median price of $667,500 is up from $612,500. Multifamilies spend about eigh...

While the story across Maine is record single-family home sales for 2020, the one in Portland is different, as buyers scooped up multifamily homes at record rates. The city had a tougher real estate spring than most of the state with an extended nonessential designation for the industry. But that didn't stop things from heating up once real estate got back on track in Portland during late spring and early summer.  Time on the market shrank by more than half and prices for residential property skyrocketed, fueled by out-of-state buyers and bidding wars, in an unprecedented year for real est...

Gail Phaneuf named executive director of Maine’s historic Deertrees Theatre Gail Phaneuf Gail Phaneuf – a playwright, educator, composer, actor, director and a 40-year summer resident of Harrison – has been named the artistic and executive director of the historic Deertrees Theatre, which has provided performing arts entertainment to the Greater Maine region since 1936. Phaneuf has permanently relocated to Harrison to live there year-round and assume her new position. As a playwright and composer, Phaneuf has penned three full musicals and 16 plays that are performed at venues around t...