Purchases of existing single-family homes rose 3.4% in October and the median price hit $215,000, up 4.9%.
maine businesses
Posted inBusiness, Local & State
Fishermen speak out against proposed oyster farm in Maquoit Bay
The Maine Department of Maine Resources will schedule a third day for hearings.
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Posted inBusiness, Food, Local & State
Longtime employee of A1 Diner in Gardiner will take on a new role: Owner
Longtime owners Mike Giberson and Neil Andersen have sold the iconic diner to Aaron Harris, who worked at the diner for years and had been looking for a change.
Posted inBusiness, Local & State
Cumberland County picks consultant to develop broadband ‘playbook’
James W. Sewall Co. of Old Town will look at need, demand and costs to guide communities that want to work together to create networks.
Posted inBusiness, Local & State
Bankruptcy auction of historic Danforth Inn postponed to allow time for possible purchase
The owners of the 9-bedroom Portland inn hope the additional time will allow potential buyers to work out their financing.
Posted inBusiness, Local & State
Cacoulidis family sells waterfront land once envisioned as site for hotel and conference center
The Portland company buying the 30 acres next to Bug Light Park says it hasn’t decided how to develop it.
Posted inBusiness, Local & State
Small-business lending drops sharply in Maine in 2018
The U.S. Small Business Administration said 2017 was a record year, and that fewer businesses borrowed in 2018 because of economic growth.
Posted inBusiness, Local & State
Unemployment in October remained at historic lows
Although it ticked up slightly to 3.4 percent, it is still lower than the national average.
Posted inBusiness, Maine Cannabis Report
Oregon pot stores consolidating to weather weak market
Having more places to sell allows retail chains to buy at a larger scale for a lower price.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Oyster company’s plan for 40-acre lease is bad for bay, public
A significantly smaller farm that processes oysters on land is in the best interests of all of us who care about Maquoit Bay off Brunswick.