Purchases of existing single-family homes rose 3.4% in October and the median price hit $215,000, up 4.9%.
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Posted inBusiness, Maine
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, Maine
Shift change at Gardiner’s A1 Diner
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, Maine
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, Maine
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, Maine
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, Maine
Bill Perry answers Five Questions
The president of Maine Instrument Flight talks about meeting the growing demand for pilots.
Posted inBusiness, Maine
Oyster company lays out plans for 40-acre expansion in Brunswick
After nearly four hours of discussion and debate Thursday night, opponents of the plan will speak Monday.
Posted inBusiness, Maine
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, Maine
Unemployment in October remained at historic lows
Although it ticked up slightly to 3.4 percent, it is still lower than the national average.