ProJenX Holds Initial Closing of $15M Series A Financing
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Rising seas aren't dampening demand for Maine's beachfront homes
Beachfront homes rarely hit the Maine real estate market, but when they do, they are snapped up in a heartbeat.
Source: bangordailynews.com
Rising seas aren't dampening the hot market for Maine's beachfront homes
The acceleration of sea level rise due to climate change has prompted some analysts to predict a decline in the value of waterfront properties. But that hasn't happened in Maine. In fact, the value of beachfront houses has skyrocketed. Part of the reason may be that people simply love to live on the water, and can afford to. And for some, the risks of rising seas and more powerful storms just don't seem all that imminent.
Source: mainepublic.org