High demand and low interest rates fuel the May surge and the 2.8 percent rise in the median price.
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, News
Islesboro voters OK move toward becoming Maine’s first ‘gigabit island’
Islanders approve a $3.8 million bond package to build ultra-fast fiber-optic internet service for homes and businesses.
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Posted inLocal & State, News
Second Zumwalt-class stealth destroyer christened at Bath Iron Works
The future USS Michael Monsoor is named after a Navy SEAL who was killed saving the lives of others in Iraq.
Posted inBusiness, Local & State, News
Unum in talks to outsource tech jobs, reportedly including hundreds in Portland
The company with 3,000 workers in Maine confirms it is talking with ‘partners,’ but won’t address an employee’s claim that it could layoff more than 200 workers in Portland this summer.
Posted inBusiness, Local & State, News
Shared ownership program for private jets offers a slice of luxury
QJet Shares, a new subsidiary of MAC Air Group in Portland, will sell each jet to as many as six shared owners.
Posted inBusiness, Local & State, News
Microchip ‘matchmaker’ expands into Portland
British firm IN2FAB has opened a small office with plans to increase its U.S. clientele.
Posted inBusiness, Lifestyle, Local & State, News
‘A special house’ on Maine island will go to the highest bidder
‘The Froggery’ grounds, house and island location are spectacular, a bonanza of Asian art is included, and no offer is too low.
Posted inBusiness, Local & State, News
Harold Alfond Foundation donates $8.4 million to Jackson Lab for cancer care
The donation will go toward the laboratory’s efforts to enhance cancer diagnostics and treatment in Maine.
Posted inBusiness, Local & State, News
Tom’s of Maine founders expanding U.S.-sourced clothing line
Tom and Kate Chappell and their family plan to open three new stores for Ramblers Way Farm upscale clothing.
Posted inBusiness, News
Study: Maine ranks in bottom 10 for fiscal health
The George Mason University study compared the abilities of all 50 states, but Maine officials say the study is based on old data and the state’s fiscal health is much improved.