Home Construction Increases In Northern Massachusetts, But No One Wants To Move To Maine

New home construction in MaineNew-home construction in southern Maine has jumped 35 percent in 2012, a rebound from last year when housing starts in the region hit a 20-year low. While the news is good, it does not necessarily signal a recovery, builders say. They caution that the figures mark mainly prime locations in southern coastal towns and that new construction in the rest of the state remains stagnant. The number of new-home permits in southern Maine is still well below pre-recession levels and some builders fear this year’s growth is just a temporary uptick after last year’s depressed numbers. “There are definitely pockets of growth, especially in coastal areas in York County. West of I-95, things are really slow,” said Larry Duell, president of the Home Builders and Remodelers Association of Maine. “Statewide, new-home permitting is weak.” (read more at Portland Press Herald)

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Posted by on Nov 12 2012. Filed under featured, Massh*les, Mind Your Own. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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