An economic study commissioned by the Greater Portland Board of REALTORS® revealed that new rent control measures have had the unintended impact of devaluing multi-family apartment buildings, which has shifted the tax burden to single-family homeowners. Rolling out the study was the first step in a campaign to educate the…...
Maine Association of REALTORS® Defends the Inter-tidal Land of Coastal Property Owners from Proposed Takings Bill
For the past few centuries, the land along Maine’s coast that is twice-daily exposed by low tide has belonged to the “upland property owner.” This spring, the state REALTOR® association defeated a bill attempting to turn that ‘wet-sand’ strip over to the state, which could have made it available for…...
Maine Association of REALTORS® Taps Into REALTOR® Party Resources to Defeat Impact Fee on Vacant Residential Properties
In ‘Vacationland’, aka the state of Maine, second homes abound, many of which might be unused for whole seasons at a time. At its annual REALTOR® Day Rally, the Maine Association of REALTORS® focused attention on proposed legislation that threatened to tax vacant residential properties, and their vocal opposition convinced…...