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Transactions and median sales price were both up more than 9% for the first quarter of 2020 over 2019, but the Maine Association of Realtors says COVID-19 restrictions have since likely cooled the hot market.
A second round of emergency federal funding may soon bring relief to Maine businesses, and lenders are preparing for another wave of loan applications. There are other options available as well.
Portland is allowing nonessential businesses to ship items ordered by phone or online, and offer non-contact delivery and curbside pickup, after a clarification of city rules last week caused an uproar from small businesses.
Gov. Janet Mills' executive order halts most evictions, and the governor has sent a letter to financial institutions asking them to work proactively with property owners to pause mortgages during the COVID-19 state of emergency.
Despite the public health crisis, Maine's construction companies — considered essential businesses — continue to do work the state relies upon, in communities including Yarmouth, Portland, Freeport and Cumberland Foreside.
Kennebec Savings, Camden National and Norway Savings banks were all overloaded Wednesday as many customers checked online accounts to see if their relief checks had arrived. By Thursday, most banking operations were back to normal.
COVID-19 response focus by the Lewiston-based health care system hasn't derailed plans for $38 million project; state offers grants to develop, maintain trails; National Association of Realtors releases COVID-19 survey.
The school will reassess the situation this fall as it works with Maine Realty Advisors on an appraisal of the Lewiston-Auburn College building.
The association has been awarded $468,448 to aid the state's hospitals in preparing to treat COVID-19 patients. The federal funding was authorized in the recently adopted CARES Act.
Grants of up to $3,000 will be awarded weekly through April to small businesses affected by the COVID-19 crisis in the downtowns of the two Kennebec River cities.
Sponsored by Kennebunk Savings Bank
The days after Thanksgiving are the traditional start of the holiday shopping season. Many shoppers are already setting their sights on the whirlwind of holiday shopping — Black Friday, Small Business Saturday and Cyber Monday.
Major retailers like Walmart, Target, Amazon and Best Buy have already launched early deals, giving shoppers a head start on savings.
A record 186.9 million people plan to shop from midnight on Black Friday through Cyber Monday, according to a consumer survey by the National Retail Federation. The figure is up by more than 3 million total shoppers from last year's record.
The National Retail Federation forecast also calls for holiday spending to surpass $1 trillion for the first time, with sales predicted to grow between 3.7% and 4.2% from 2024.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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