These are challenging times for all. In the commercial real estate market, it has proven to be very challenging. We have noticed that few users are active in the market and those few who are, know that it is either a tenant’s or buyer’s market. Taking advantage of such leverage, rent concessions are frequently requested […]
real estate
Posted inMaine, sj-web
Maine lighthouse with million-dollar view for sale
PORTLAND, Maine (AP) — The property has a million-dollar view, but the quarters are cramped, the grounds are nothing to brag about and a loud fog horn blares every 10 seconds. For the right price, the picturesque Ram Island Ledge Lighthouse can be yours. The 72-foot conical light tower in waters a mile off the […]
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Posted inBusiness
Barrett joins Millett Realty
AUBURN — Coldwell Banker Millett Realty, 155 Center St., announces that Kelly Barrett of Lewiston has joined the Millett Realty team. Barrett is an experienced Realtor who can offer sellers and buyers marketing and representation services. She is a member of the Androscoggin Valley Board of Realtors, the Maine Association of Realtors and the National […]
Posted inBusiness, sj-web
House votes to extend home-buyer credit 3 months
WASHINGTON (AP) — Homebuyers would get an extra three months to complete their purchases and qualify for a generous tax credit under a bill overwhelmingly passed by the House on Tuesday. Under current law, homebuyers who signed purchase agreements by April 30 have until Wednesday to close on the sale to qualify for tax credits […]
Posted inBusiness, sj-web
Home prices rise 0.8 percent in April from March
NEW YORK (AP) — Home prices in April rose for the first time in seven months as government tax credits bolstered the housing market. But the rebound may be short-lived now that the incentives have expired. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday posted an 0.8 percent gain. It had fallen in […]
Posted inBusiness, sj-web
New-home sales plunge 33 percent with tax credits gone
WASHINGTON (AP) — Sales of new homes collapsed in May, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once they could no longer receive government tax credits. The bleak report from the Commerce Department is the first sign of how the end of federal tax credits could […]
Posted inBusiness, sj-web
Maine home sales jump 63 percent in April
SOUTH PORTLAND, Maine (AP) — Maine real estate agents say home sales surged in April as homebuyers rushed to take advantage of record-low mortgage rates and the federal home buyer tax credit. The Maine Real Estate Information System said Monday that sales of existing single-family homes jumped by 63 percent over April 2009. The median […]
Posted inRiver Valley, The Franklin Journal
Study reveals wind farms don’t adversely impact property values
BERKELEY, CALIF.— Wind energy projects don’t adversely affect values of nearby residential property, according to a study released Wednesday by the U. S. Department of Energy‘s Lawrence Berkeley National Laboratory in California. The 164-page report, which was funded by the DOE, is based on site visits, data collection and analysis of nearly 7,500 single-family home […]