Consumers choose daily where to place their trust in regard to the products and services they use. When buying or selling real estate, knowing how to identify the best sales agent can make the difference between a quality, professional experience and one fraught with frustration and disappointment. Brenda Fontaine, owner of Fontaine Family – The […]
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Posted inBusiness, sj-web
Sales of single-family homes up in Maine
SOUTH PORTLAND (AP) — The number of existing single-family homes sold in Maine last month jumped almost 13 percent when compared to the same month a year ago. Maine Listings, a subsidiary of the Maine Association of Realtors, said 892 homes changed hands in March, compared with 792 homes in March 2013. Statewide, the number […]
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Portland restaurant space becoming rare, expensive
PORTLAND (AP) — Insiders in Portland’s burgeoning restaurant industry are running into a new problem — a lack of affordable space for new eateries. The city’s food reputation was built on the backs of young chefs opening their own places. But as space shrinks and rents rise, some worry that soon the only people able […]
Posted inLocal & State, sj-web
LePage donor wins bid for new DHHS offices
AUGUSTA — A donor to Republican Gov. Paul LePage has been chosen by the state to develop and lease new state health department offices. Eric Cianchette’s company, ELC Management, was chosen among four bidders to build new Department of Health and Human Services offices in South Portland after the current offices’ lease in Portland expires next […]
Posted inLocal & State, sj-web
Portland landlord, mayor condemn decision to consolidate state offices in South Portland
PORTLAND — The owner of two Bayside buildings rejected for new state offices on Monday called the bidding process “a waste of time.” As a result of the state’s decision last month, Tom Toye stands to lose the Maine Department of Labor and Department of Health and Human Services as tenants at 185 and 200 […]
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Portland seeing nearly $540 million development explosion, but office space vacancies still high
PORTLAND — Maine’s largest city is in the midst of a nearly $540 million development boom, and could still see an increase of more than 100,000 new visitors each year starting next summer, according to an economic development report delivered to members of the Portland City Council Monday night. “I’m not aware of any other […]
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Maine homes sales jump nearly 25 percent in September
SOUTH PORTLAND — Maine home sales in September increased nearly 25 percent over the same month last year, the third straight month of double-digit increases for the state’s real estate market. In September, Maine Realtors sold 1,307 single-family existing homes, a 24.59 percent increase over the number of homes sold in September 2012, according to […]
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Home sales grow in Maine
SOUTH PORTLAND — The Maine Association of Realtors says existing home sales jumped 17 percent in May over a year earlier. The association says agents sold 1,214 single-family homes for the month. The median sales price of $178,000 was up $500 from May of last year. Bart Stevens, owner of a Winslow real estate agency, […]
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New index predicts ‘slow, steady’ recovery for Maine real estate
PORTLAND — A new measure of Maine’s real estate industry shows the market still has a long way to go before it recovers from the impact of economic recession, but is beginning to make headway. In a May 22 conference at Holiday Inn by the Bay, the Maine Real Estate & Development Association and the […]
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Home sales rise in Maine over year
SOUTH PORTLAND — Realtors say sales of single-family homes in Maine have increased by 21 percent between January 2012 and the same month this year. Statistics released by a statewide multiple listing service show 664 homes changed hands last month, compared to 547 in January 2012. The median sales price for those homes reached $162,000, […]