NORWAY — As a result of an unprecedented, financially challenging year for nonprofits due to COVID19, Norway Savings Bank is making more than 30 donations to deserving organizations, totaling over $100,000 for year-end gifts. These nonprofits provide much-needed resources in Oxford, Androscoggin, Cumberland, York and Sagadahoc counties. “As this year comes to a close, we […]
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Maine home sales and values up in November
AUGUSTA — Low for-sale inventory and high demand for Maine’s lifestyle has driven real estate sales and values into double-digit gains. Today, Maine Listings reported that 1,965 single-family existing homes changed hands in November—a rise of 31.17 percent compared to November 2019. Values also increased 20 percent to a median sales price (MSP) of $270,000, comparing […]
Maine real estate sales up 26.88%, prices jump 24.5%
AUGUSTA — Maine’s real estate sales are heating up—by double digits. According to statistics released today by the Maine Association of Realtors, Realtors across the state sold 2,341 single-family existing homes last month—a jump of 26.88 percent over October 2019. The median sales price (MSP) for homes sold reached $280,000, a 24.50 percent increase over October […]
Maine home values jump 17.39%
AUGUSTA — Real estate sales in Maine continue on a healthy, highly-positive trajectory. The value of single-family existing homes jumped 17.39 percent comparing August 2020 to August 2019, reaching a median sales price of $270,000, according to Maine Listings. The MSP indicates that half of the homes were sold for more and half sold for […]
Community Concepts welcomes associate director
PARIS — Community Concepts’ Director of Finance Sadie Reinhard is pleased to announce Sheila Bedard has been promoted to the Associate Director of Finance. Bedard has been with Community Concepts for 20 years, with 17 years in the Finance Department. She has played a key role in process and efficiency improvements and most recently was […]
Hannaford donates $250K to support farms
SCARBOROUGH — Hannaford Supermarkets today announced a $250,000 donation to support farms throughout New England and New York adversely impacted by the coronavirus global health pandemic. As a result of the donation, a total of 250 farms in Maine, New Hampshire, Vermont, New York and Massachusetts will receive funding via the American Farmland Trust’s Farmer Relief […]
Community Concepts there for Wicked Water Graphics
PARIS — Several weeks before COVID-19 made its way to Maine, one Paris business felt the economic fallout from the coronavirus with suppliers in China and Italy unable to fill orders, and the owners report things have only gotten worse as the global pandemic grows. President Linda Englehardt and Vice President Dave Kelso co-own Wicked […]
SBA offers assistance to small businesses
ATLANTA — The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Maine small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced today. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that […]
Home sales, prices increase in February
AUGUSTA (March 20, 2020)— February statistics, released today by Maine Listings, indicate a 5.75 percent increase in sales of single-family existing homes, comparing February 2020 to February 2019. The median sales price for the 865 homes sold reached $216,900—an uptick of 8.45 percent over that same time period. The MSP indicates that half of the […]
Emergency Bill offers new unemployment program
AUGUSTA — Maine Department of Labor (Department) will begin to implement new flexible unemployment insurance (UI) measures that will benefit both workers and businesses thanks to emergency legislation from Governor Mills that was enacted by the Legislature Tuesday night. These temporary measures will help relieve the financial burden of temporary layoffs, isolation, and medically-necessary quarantine […]