Maine continues record streak of single-family home sales

Maine’s home sales activity continued to set records in 2017 despite flat or declining sales in the hottest markets of York and Cumberland counties. For the third consecutive year, Maine set a statewide record for home sales volume in 2017 with 17,633 existing single-family homes sold, an increase of 0.7 percent from 2016, according to Maine Listings data released Wednesday.

Source: CentralMaine.com

Town tax break allows Belfast shipyard’s $4 million expansion

A $4 million midcoast shipyard expansion cleared one of its final hurdles last week, as city officials put the rubber stamp on a credit enhancement agreement that could allow the business to service superyachts and build ferries.

For the past two years, Front Street Shipyard has been pushing to build Building 6, a 21,700-square-foot hangar-like structure that would allow the company to service and possibly build larger ships.

Source: BDN Maine

Lacking clarity from state, towns act to ban pot shops

The Town Council this month unanimously approved a retail marijuana prohibition, joining more than a dozen communities in southern Maine that have said no to pot businesses. Faced with uncertainty about what rules state officials will set up for the recreational marijuana market, other communities are extending moratoriums or waiting to discuss local zoning until there is more clarity about the future of the industry in Maine.

Source: CentralMaine.com