Dexter Real Estate News
Feb 27, 2015 | via The Newark Star-Ledger
Hillsborough police and the Somerset County Prosecutor's Office combined to arrest a couple who defrauded a 71-year-old woman out of her life savings. (Photo by Ed Murray HILLSBOROUGH - A Hillsborough couple who authorities allege swindled a senior citizen out of life savings, taking out loans against two properties she owned and later selling one property without her knowledge to finance an upscale lifestyle, have been indicted on charges of second-degree theft by deception. Comment?
Sep 22, 2014 | via Bangor Daily News
Single-family home sales rose in August, compared with last year, as the median price paid for those homes dipped to $178,000. The total volume of home sales for the state's busiest month for real estate transactions rose 3.3 percent from one year ago, bucking a national and regional decline in single-family home sales, according to a transaction tracking service maintained by the Maine Association of Realtors. Comment?
32 min ago | via Sun Journal
The parent company of Camden National Bank has reached an agreement to purchase The Bank of Maine, a move that would give Camden 68 branches and a greater presence in Southern Maine. In disclosures filed with the U.S. Securities and Exchange Administration, Camden reported the merger would give the bank 10.6 percent of deposits in the state, surpassing Bangor Savings parent Bangor Bancorp. Comment?
2 hrs ago | via Lincoln County News
Camden National Corp., the parent company of Camden National Bank, and SBM Financial Inc., the parent company of The Bank of Maine, have announced the signing of a definitive agreement under which The Bank of Maine will merge into Camden National Bank, creating Maine's largest community bank. The combined organization will operate under the Camden National Bank name and brand and be led by Gregory A. Dufour, president and chief executive officer of Camden National Corp. and Camden National Bank. Comment?
Thursday Mar 12 | via Sys-Con Media
Redfin , the customer-first real estate brokerage, today announced the debut of its home-buying and selling services in Southern Maine. People can now work with Redfin agents to buy and sell homes in Portland, Cape Elizabeth, Kennebunk, Biddeford, Augusta and the lakes region area. Comment?
Monday Mar 9 | via Bangor Daily News
Two visitors checked out the flashing Fresnel lights and other artifacts on display at the Maine Lighthouse Museum in Rockland. The museum will reopen for the season in mid-March. Comment?
Thursday Mar 5 | via WMTW-TV Auburn
Many Mainers will be seeing lower electric bills this year after the state negotiated a new rate for the so-called standard offer. Central Maine Power customers pay the company a base rate transmission fee, but supply fees, which are the second part of your bill, vary depending on what you choose. Comment?
24 min ago | via Benzinga
On March 27, Morgan Stanley published a report updating homebuilders Lennar Corporation and KB Home , which took into account recent earnings and updated guidance. Notably, KB Home and Lennar have the highest concentration of communities in Houston among Morgan Stanley homebuilders under coverage by Morgan Stanley. Comment?
28 min ago | via Cybercast News Service
Encouraging economic data on housing and consumer spending helped drive U.S. stocks sharply higher in midday trading Monday. Energy stocks were among the biggest gainers, bucking a slide in the price of crude oil. Comment?
35 min ago | via Seeking Alpha
Both issuers and investors are being robbed of billions of dollars each year by the illiquidity of the $3.6 trillion municipal bond market. This is not the fault of the people who cover the space . Comment?
36 min ago | via Seeking Alpha
The U.S. real estate market has been sluggish in recent history, but the latest numbers hint that the sector may enjoy a stronger run of growth in the spring. The supporting evidence is still thin, although the sales trend has clearly improved in February, particularly for purchases of newly built single family homes. Comment?
47 min ago | via Realtor Magazine
Some foreclosed home owners are finding a way to keep their home mortgage-free by taking advantage of their state's statute of limitations with foreclosures. States that must approve foreclosures in court before they become final are facing huge backlogs in the court system, which has caused some foreclosures to drag on for years. Comment?
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