Home sales in Portland rebound from the recession

January 11, 2013 in Articles

Author: Jessica Hall
Publication: Portland Press Herald

Sales of single-family homes rose in 2012, marking the highest level since 2007. Median sales prices rose modestly.

Sales of single-family homes in Portland in 2012 reached the highest level since 2007, before the recession.

Sales totaled 427 homes last year, up about 14 percent from 2011, according to data compiled by the Maine Home Connection real estate firm.


Maine Job Spotlight

January 6, 2013 in Articles

Author: Portland Press Herald Marketing Department
Publication: Maine Sunday Telegram

Amanda Morse, Marketing/Office Manager

How did you get started?

I’ve always found marketing intriguing, but it became a real career path for me with my first temporary position at Pierce Promotions. Commercial real estate, however, was just a lucky chance or perhaps an opportunity of fate, depending on your viewpoint, but it’s been a great experience thus far.

 

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Best car sales in five years

January 3, 2013 in Articles

Author: Chris Isidore
Publication: CNN Money
NEW YORK (CNNMoney)
Strong demand from car buyers in December led automakers to close out the best year for U.S. car sales since before the recession, and the biggest one-year jump in sales in 28 years.

Final sales figures are not in yet, but initial results from the top four U.S. automakers -- General Motors (GM, Fortune 500), Ford Motor (F, Fortune 500), Toyota Motor (TM) and Chrysler Group -- all showed gains from a year earlier that met or topped forecasts. No. 5 automaker Honda Motor (HMC) outpaced its larger rivals with a 26% gain in sales from a year earlier, though it fell slightly short of forecasts. Ford's 1.9% rise was the narrowest.

The industry is now on track for 14.5 million vehicle sales in the U.S. for 2012, a rise of 1.7 million, or 13%, from 2011. That's the biggest increase in annual auto sales since 1984.

Portland developer to refine design of $38 million project

January 3, 2013 in News

Author: Randy Billings
Publication: Portland Press Herald
Federated Cos. says it will make changes to Maritime Landing plans ‘to improve the impact’ on the skyline.

PORTLAND – Developers of an ambitious residential and commercial project in Bayside are headed back to the drawing board to address concerns over how the complex could affect views and the city's skyline.

Originally, the project envisioned seven 14-story towers to be built along Somerset Street. Preliminary plans for Maritime Landing included as many as 700 residences, retail space and two parking garages.

Brookfield to Acquire 19 Hydro Facilities from NextEra Energy

December 26, 2012 in Articles

Author: MaineBiz
Publication: www.Mainebiz.biz

Quebec-based renewable energy company Brookfield Renewable Energy Partners L.P. has announced the recent acquisition of 19 hydroelectric generating stations in Maine from NextEra Energy Resources LLC for tentative price of $760 million, including around $700 million in debt.

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