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Real Estate & Construction

  • Home sales rise 2%, but prices drop

    February 24, 2012

    Home sales ticked up 2% in January over the same month last year, while the median price slid by nearly the same amount.

    February 24, 2012
  • Scarcelli sues stepfather in property management feud

    February 22, 2012

    Rosa Scarcelli, a former gubernatorial candidate, has filed a lawsuit against her stepfather over allegations of mismanagement at several housing projects.

    February 22, 2012
  • Cianbro to hire 150 construction workers

    February 22, 2012

    Pittsfield-based Cianbro Corp. is looking to add 150 workers to its ranks to complete a backlog of construction projects.

    February 22, 2012
  • Landlords can expect better negotiating positions in 2012

    Justin Lamontagne February 20, 2012

    I am an admitted real estate nerd. I like talking about it. I like reading about it. And, obviously, I like writing about it.

    Justin Lamontagne February 20, 2012
  • Portland housing developers struggle to meet market needs

    February 20, 2012

    A walk down Pearl Street in Portland's Bayside neighborhood produces sights and sounds of bulldozers moving frozen earth and contractors laying a building foundation.

    February 20, 2012
  • Building permits and commercial transactions

    February 20, 2012

    Building permits Auburn (January)$940,000, 990 Center St., Emerson Toyota, exterior renovations, contractor: Jewett Construction Co. Inc.

    February 20, 2012
  • Maine to receive $21M in foreclosure settlement

    February 10, 2012

    Federal and state officials yesterday announced a $25 billion deal reached with five of the nation’s largest mortgage lenders over foreclosure abuses. Maine is expected to receive $21 million under the settlement.

    February 10, 2012
  • Maine engineering firm acquires Pa. company

    February 8, 2012

    Portland and Bangor-based engineering firm Woodard & Curran has acquired Cummings/Riter Consultants Inc. of Pittsburgh, an environmental compliance and site development firm.

    February 8, 2012
  • Fore Solutions sold to NYC firm

    February 6, 2012

    A New York City-based engineering firm has acquired green building consulting firm Fore Solutions of Portland. Fore Solutions founder Gunnar Hubbard says the move will expand the reach of the firm's work on sustainable design.

    February 6, 2012
  • A Biddeford architect hits upon a way to increase revenue and revive a downtown

    Derek Rice February 6, 2012

    Among the current fixtures on Main Street in Biddeford are several banks, City Hall, a theater, old standbys like Reilly's Bakery and Youlland's Jewelers, as well as newer establishments like tattoo parlors and a few restaurants that have moved in

    Derek Rice February 6, 2012
  • Residential market values continue to challenge appraisers

    Robert Pietroski Executive Director, Maine Chapter Of The Appraisal Institute February 6, 2012

    As the real estate market continues a slow recovery, I see several trends affecting the values of properties on the market. Among them:

    Robert Pietroski Executive Director, Maine Chapter Of The Appraisal Institute February 6, 2012
  • Expanded facilities and new efficiency greet travelers at PWM

    Matt Dodge February 6, 2012

    Mainers traveling over the February school break will have a chance to check out the recently expanded Portland International Jetport.

    Matt Dodge February 6, 2012
  • Maine's real estate markets continue a measured march (WITH VIDEO)

    February 6, 2012

    The assembly of real estate professionals at the 2012 Maine Real Estate and Development Association forecasting conference offered a constellation of bright spots of activity against a drab background of stagnation.

    February 6, 2012
  • MTA to use Lewiston motel site for new park-and-ride

    February 2, 2012

    The Maine Turnpike Authority plans to buy a Lewiston motel for $400,000 and at least partially demolish it to make room for a new park-and-ride off exit 80.

    February 2, 2012
  • Committee streamlines state contract bidding process

    January 31, 2012

    A legislative committee has approved a change to the way businesses bid on state contracts to make it easier on contractors.

    January 31, 2012
  • Portland housing market stabilizes, rents may increase

    January 30, 2012

    Property values in Portland are expected to hold steady in 2012, especially for property owners in the city's east and west ends.

    January 30, 2012

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Today's Poll

Does cruise ship season help your business?
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Poll Description

Sponsored by Kennebunk Savings Bank

Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.

This week alone, Portland is set to welcome around 16,000 cruise ship passengers.

But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.

When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.

More than half of the respondents, 53%, said cruise ships benefit the overall economy.