In July, 1,864 existing single-family houses were sold statewide and the median price climbed to $225,000 amid tight market inventory.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Local & State
Grants will increase hospice services to Maine cancer patients
The grants from the Maine Cancer Foundation will go to six programs that are volunteer-driven.
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Posted inBusiness, Local & State, News
Thompson’s Point redevelopment gets a boost with approval of $495,000 loan
The funds will be used to renovate a historic former rail building in the growing mixed-use development.
Posted inBusiness, Local & State, New England
James Knott, 88, remembered as inventor of trap that transformed lobstering
He developed marine-grade coated wire mesh that lasted far longer than the wood in traditional traps, then founded a company to manufacture the product and became an ardent supporter of the lobster industry.
Posted inBusiness, Local & State
Maine unemployment at 3 percent in July
The state’s unemployment rate has been below 4 percent for 32 consecutive months, the longest period on record.
Posted inLocal & State, News, Politics
Will Maine referendum on home care penalize married couples?
Analysts disagree on whether the ballot measure to fund home care would create a ‘marriage penalty’ for couples filing joint income tax returns.
Posted inBusiness, Local & State, Maine Crime
FBI demanded that Google hand over multiple users’ location data in Portland robberies
The tech giant didn’t comply, and a suspect in the Maine crime spree was caught, but privacy experts say the sweeping warrant is cause for alarm.
Posted inBusiness, Local & State
Ten private companies in Maine make the Inc. 5000 fastest-growth list
SaviLinx in Brunswick, which boosted revenue by 812% from 2014-2017, comes in at No. 617 on the annual ranking.
Posted inBusiness, Local & State
Swanson Group acquires South Portland firm
The Westbrook-based accounting firm purchased competitor Howgate & Harmon for undisclosed terms.
Posted inBusiness, Local & State, News, Schools and Education
North Yarmouth Academy buildings sold for more than $1 million
The buyer will redevelop two Main Street properties into a condominium complex, and plans to begin selling the 12 units in the summer of 2019.