Friday, September 30, 2011

Portland Flu Clinics Starts October 2nd

Flu Clinics Starts October 2nd


To help protect adults living in Greater Portland during the upcoming influenza season, starting today, the City of Portland, HHSD’s Public Health Division will offer a series of nine influenza (flu) walk-in clinics throughout Portland. The seasonal flu vaccine will be available for $10.00, or at no cost for individuals with a Medicare Part B card.00 . Private insurance that covers flu vaccination including MaineCare will be accepted. Pneumococcal pneumonia vaccine will also be available for $45.00 or free for people with Medicare. The clinics are open to adults, eighteen and older.

The Maine Centers for Disease Control is recommending vaccination against influenza for all Mainers age six months and older. An annual flu vaccine is the best way to reduce the chances of getting the flu and lessens the probability of spreading it to others. This year’s vaccine provides protection against H1N1 influenza and two other influenza viruses. The Portland’s Public Health Division is committed to making this service easily accessible and affordable and will be offering clinics in several convenient Portland locations. The city has an ample supply of flu vaccine and people are encouraged to get vaccinated before mid-December when the flu traditionally starts to spread in Maine.

As many as 36,000 adults in the U.S. die from seasonal influenza and its complications every year. Vaccination against both flu and bacterial pneumonia (pneumococcal vaccine) are essential to protect the health of young babies, seniors and those with chronic health conditions. Vaccinations reduce health care costs by limiting expensive therapies and unnecessary hospitalizations and decrease the spread of disease in the home, workplace, and community.

Although immunization is recommended for everyone, groups at especially high risk of seasonal influenza and its complications include:

§ People People over age 50;

§ People with chronic medical conditions such as diabetes, asthma, heart disease, or immune system problems;

§ Pregnant women;

§ People in long- term care or institutional settings;

§ Health care workers;

§ Caregivers and household contacts of those at high risk; and

§ Young children aged 6 months and up.

For specific information on the locations and dates for Portland Public Health’s flu clinics, please contact the City of Portland’s Flu Hotline at 207-874-8946 or visit the Immunization Program website, http://www.portlandmaine.gov/hhs/health.asp.

Seasonal Flu Clinic Schedule

Sunday, October 2, 2011 9:00 AM – 11:30 AM
Cliff Island Community Center, Cliff Island, Portland

Sunday, October 2, 2011 1:00 PM – 4:00 PM
V.A. Building, Long Island

Tuesday, October 4, 2011 4:00 PM – 7:00 PM
Sagamore Community Center, 21 Popham Street, Portland

Wednesday, October 5, 2011 11:00 AM – 3:00 PM
State of Maine Room, City Hall, 389 Congress Street, Portland

Thursday, October 6, 2011 11:00 AM – 2:00 PM
Peaks Island Community Center, 129 Island Avenue, Peaks Island, Portland

Friday, October 7, 2011 2:00 PM – 6:00 PM
St. Pius X Parish Hall, 492 Ocean Avenue, Portland

Tuesday, October 18, 2011 2:00 PM – 6:00 PM
St. Pius X Parish Hall, 492 Ocean Avenue, Portland

Saturday, October 22, 2011 10:00 AM – 2:00 PM
First Lutheran Church, 132 Auburn Street, Portland

Wednesday, October 26, 2011 11:00 AM – 3:00 PM
Basement Room #24, City Hall, 389 Congress Street, Portland

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Portland Maine Fire Museum Open House October 8

Fire Museum Open House October 8

This fall, the City of Portland’s Fire Department, IAFF Local 740 and the Portland Veteran Firemen’s Association will host the Ninth Annual Open House at the Portland Fire Museum. Visitors will have the opportunity to view historic films including footage of the 1912 Portland fire, tour a steam engine on loan from the Manchester New Hampshire Fire Department, explore the 1938 McCann Fire Engine, and hand-drawn engines from the Great Portland Fire of 1866. Michael Daicy and Don Whitney will be on-hand to sign copies of their book, Portland’s Greatest Conflagration, The 1866 Fire Disaster. Both floors of the Portland Fire Museum with more than ten rooms of displays will be open to the public with docents available to answer questions.

Providing a glimpse into the past, the Open House will feature a new display featuring the awards earned by members of the Veterans Association including silver trophy trumpets, tea sets and medals .

The Portland Fire Museum was built in 1837 by the City of Portland to serve as a fire house with a girls school located on the second floor and a political meeting space for the West End. The Portland Fire Museum is listed as a National Historic Building, Greater Portland Landmarks and has been called the city's hidden gem of a museum.

The open house is a family-friendly event. Children will enjoy the chance to see live fire horses in the original stalls, and visitors who wish to bring the fire horses a treat should consider carrots or apples. Free fire helmets will be available for children along with free Fire Prevention material for visitors to take home. A suggested donation for attendance is $5 for adults and $3 for children. For more information, contact the Portland Fire Museum phone number at 772-2040.

Spring Street will be closed to traffic between Park St & State St to allow for parking of Portland fire apparatus for display and for live music.

When: Saturday, October 8, 2011 (Rain or Shine)

10:00 AM - 3:00 PM
11:00 AM Cladah Mhor Pipe Band
Noon – 2:00 PM State Street Traditional Jazz Band
Where: Portland Fire Museum
157 Spring Street, Portland
 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Thursday, September 29, 2011

Stunning Penthouse with panoramic views of Back Cove


Stunning Penthouse with panoramic views of Back Cove,White Mountains, East End. Current owners added custom architectural details of columns, arches, Cook & Cook kitchen, custom armoires in bedroom, balcony,covered parking. Surrounded by restaurants/galleries.

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Wednesday, September 28, 2011

Beautifully designed Contemporary Ranch in Scarborough



Beautifully designed Contemporary Ranch with farmers porch, gracious foyer, living room with high ceiling & gas fireplace, formal Dining Room, large kitchen with cherry cabinets & walk-in pantry. Master suite, guest bedroom wing. Great light, mature setting.Close to amenities.

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Tuesday, September 27, 2011

Highland Lake cottage



Charming Seasonal Cottage with views of Highland Lake with shared beach & dock.
Property has been updated with a new foundation.
Wonderful stone fireplace, deck overlooking lake & more!
New septic system designed for 1 bedroom even though cottage has 2.

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

West End Neighborhood meeting - tonight!

CDBG Neighborhood Meetings


The City of Portland receives approximately $1.9 million annually of federal funding from the Department of Housing and Urban Development in the Community Development Block Grant (CDBG) for urban planning, development and social service needs in Portland Districts 1, 2 and 3. City Councilors Kevin Donoghue (District 1), Dave Marshall (District 2) and Ed Suslovic (District 3) and city staff are seeking input and feedback from residents about CDBG funding at work in their community at a series of public meetings next month.

District 2 Meeting (West End, Parkside, and St. John Valley)
Tuesday, September 27 at 6:30 PM
Reiche School and Community Center, 166 Brackett Street
District 3 Meeting (Libbytown)
Monday, September 26 at 7:30 PM
West School, 57 Douglass Street

For more information about these meetings or CDBG programs, contact Amy Grommes Pulaski HCD Program Manager at 874-8731, or avp@portlandmaine.gov .
 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

"Art at Work" Opening in Portland

Necessary Works Opens Thursday
Thursday, the City of Portland and Art at Work will sponsor a reception for the opening of Necessary Work, an exhibit showcasing some of the art, stories, photographs, and poems created during Portland’s last four years with Art At Work. Specific projects represented by the artwork include Forest City Times, Lines Portland, Public Works, Ties That Bind, Thin Blue Lines, and City Writers Group. The opening reception will feature a welcome from City Manager Mark Rees, followed by members of the Portland Police Department reading poems and performing excerpts from the original performance Radio Calls as well as a few stories from Public Service’s Construction Crew and the City Writers Group.

The event is free and open to the public. Light refreshments will be served. The exhibit will continue through March, with more work being added from two new citywide projects – Portland Works and Meeting Place.

Since 2007, Art At Work has worked in partnership with the City of Portland to develop strategic art projects that address issues and challenges the city face by engaging city workers and the public. From poetry readings to photography exhibits to plays, Art At Work has improved morale among the city’s workforce and increased public awareness and appreciation of their local government. City workers’ posters, photographs, prints and poems hang in galleries, city parking garages, lunchrooms, recycling centers, libraries and the Portland Police Station.

When: Thursday, September 29, 2011
5:00 PM – 8:00 PM
Where: City Council Chambers Gallery, City Hall Portland
 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Monday, September 26, 2011

Portland Maine - a great place to live!

In case you missed it... Portland was named one of the most affordable places to retire by the AARP:

http://www.usatoday.com/money/perfi/retirement/2011-07-21-most-affordable-places-to-retire_n.htm

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Friday, September 23, 2011

Maine home sales increased 14.74% in August 2011

In a press release to the media, MREIS reports that Maine existing home sales increased 14.74% in August 2011 compared with August 2010.  The median sales price dropped 2.8% to $165,000 in that same time period.  For the complete press release:http://mainerealtors.com/Statistics/2011PressReleases/MaineHousingReport-August2011.pdf

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Please join us for the October First Friday Art Walk


John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Wednesday, September 21, 2011

Foreclosure List in Cumberland County

Here is the latest version of the Foreclosure / REO List from Market Street Settlement Group for Cumberland County. If you would like to know more about any of these properties, please contact us!

25 Cushing Street Brunswick

197 Gray Road Cumberland

288 Foreside Road Falmouth

10 Hardy Road Falmouth

47 Foreside Common Drive Falmouth

150 Baker Road Freeport

18 George Street Gorham

20 Willowdale Drive Gorham

18 Karen Drive Gray

90 Zakelo Road Harrison

65 Deer Hill Road Harrison

12 Estate Road Naples

100 Crooked Way Naples

1253 Roosevelt Trail Naples

37 Fall Brook Rd Portland

17 Cornell Street Portland

48 Harvard Cmn Portland

1363 Congress Street Portland

48 Harvard Commons Portland

44 Clark Street Portland

20 Regan Lane Portland

960 Forest Avenue Portland

11 Frederic Street Portland

124 Winter Street Portland

624 Hodsdon Road Pownal

7 Brookside Drive Standish

194 Hearthside Road. Standish

1036 Pequawket Trail Standish

12 Peninsula Standish

81 Pigeon Brook Rd West Baldwin

91 Forest Street Westbrook

30 Pike Street Westbrook

8 Seavey Street Westbrook

42 Green Street Westbrook

30 pike Street Westbrook

54 Victoria Drive Westbrook

152 Mechanic St. Unit 2 Westbrook

11 Fletcher Drive Windham

28 Lakeside Drive Windham

12 Gromble Way Windham

15 Running Brook Rd Windham

324 Pope Road Windham

15 Stonebrook Road Windham

54 Princes Point Rd Yarmouth


John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

IMPORTANT DISCLAIMER: The data contained herein is a compilation of Foreclosure property data available from sources found in The World Wide Web. The editors of this report and Market Street Settlement Group LLC, its affiliated business and parent companies make no representation as to the comprehensiveness or accuracy of the information thus obtained.

The latest Real Estate Book

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Tuesday, September 20, 2011

FHA (Federal Housing Administration’s) Maximum Loan Limits are going down

Have you heard FHA (Federal Housing Administration’s) Maximum Loan Limits are going down?

HUD is now implementing loan limits that were previously calculated for 2011, using median house prices from 2010. Loan limits are determined by the county in which the propertied is located.

Loan Limits for Single Family Homes as follows (by county): One-Family FHA Loan Limit:
Androscoggin $271,050
Aroostook $271,050
Cumberland $272,550
Franklin $271,050
Hancock $271,050
Lincoln $271,050
Oxford $271,050
Somerset $271,050
Waldo $271,050
Washington $271,050
York $272,550

Send me an e-mail if you would like to know about FHA Loan Limits on a 2, 3 or 4 Family.

Keep in mind that we reduce our FHA rates by ½% for Low to Moderate Income buyers.

As always if you have any questions please contact me.

Thanks,
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Saturday, September 10, 2011

Portland Maine Remembers September 11th

Portland Remembers September 11th


September 11th, the City of Portland Fire and Police Departments, IAFF Local 740, and city officials will march along Congress Street to the 9/11 Memorial at the Easter Promenade in honor of the tenth anniversary of the attacks. Local firefighters, paramedics and law enforcement officers will march in full turn-out gear and uniforms as a tribute to the 403 uniformed men and women who lost their lives when the towers fell in New York City. Members of the public are invited to march as well and are asked to wear white shirts as a sign of solidarity with the fallen heroes. Marchers will have the opportunity to carry the name of one of the 403 lost. At the end of the march, the city will lay three wreaths for the three locations attacked at the 9/11 memorial.

When: Sunday, September 11, 2011

8:00 AM Gather for the March at Congress Square Park

8:46 AM March begins

9:30 AM Wreath laying at 9/11 Memorial

Where: Congress Square Park to 9/11 Memorial located at the Eastern Promenade Portland
 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Friday, September 9, 2011

Public Meeting to Comment of Bayside Trail Seating

Public Meeting to Comment of Bayside Trail Seating Proposals

In September, the Portland Public Arts Committee (PPAC) will host a hearing to solicit public comment about the proposed artist-designed seating along the new Bayside Trail. The proposals are available on the City’s web site at http://www.portlandmaine.gov/planning/baysidetrailartproject.asp.

The process included a request for qualifications (RFQ) resulting in over 100 artist submissions from which three artists, SkyeDesign in Washington DC, Aaron Stephan of Portland, and Gary Haven Smith from Northwood, New Hampshire, were invited to develop a concept and cost estimate with a $1,000 stipend.

Three sites were identified for the Bayside Trail Seating Project:

1. Plaza at Elm Street near Trader Joe’s;

2. Paved circle near Franklin Street to the rear of the Planet Dog building; and

3. The Trail Junction at the connector for the Bayside Trail, Eastern Prom Trail, and Loring Trail. (A fourth site, the paved circle along the trail near the end of Marginal Way at Plowman Street, was identified as a potential location for the Stephan proposal)

The artists were allowed to choose any of these sites, or a combination, and were not limited to a specific budget, although guidance was provided that the PPAC is hoping to construct three seating elements within the available budget. The three artists’ concepts were received on Friday, August 5.

When: September 12, 2011
5:30 PM
Where: Zero Station,
222 Anderson Street, Portland
 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Wednesday, September 7, 2011

Historic "Spencer Rogers House"c1903


Historic "Spencer Rogers House"c1903: 3 bedroom, 1.5 bath home offers formal living & dining rooms, updated kitchen with fabulous slate sink, large in town lot & yes a 2 car garage. All just steps to Arts District, Restaurants & Old Port.

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

New West End Listing


Historic John Calvin Stevens "Baltimore Block" townhouse offering flexible floor plan, formal Living Room with fireplace, formal Dining Room with breakfast nook. Well laid out kitchen, 2nd floor with 2 bedrooms, fireplaced familyroom/study, full bath, 3rd flr with 4 bedrooms & bath. Hardwood throughout.

Call for a showing!

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Tuesday, September 6, 2011

Happy Labor Day

I'd like to recognize and applaud the hard work of our country's past and current workers. Also, I wish you an enjoyable end to the summer and a great start to the school year!


John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Sunday, September 4, 2011

All together now

Although hosting others in your home is considered a nice gesture, the concept can be kicked up a notch every now and then. One way to do so is with a common thread that sets the tone. Be it a favorite shape, color, or any other theme that comes to mind, visual consistency provides an added bonus at any bash.


Dan Davis—an interior designer, event specialist, and owner of Dan Davis Design in Ferndale, Michigan—says he always relies on a theme when entertaining, even if it’s just a color. “It gives you a focus, whether it’s based on a word, a color, or someone’s likes,” he says. “It makes an event more than just the food and company. It’s an experience.” Whether you’re planning a dinner for six or something on a larger scale, Davis says you can take a theme and make it whatever you want it to be. And your choice of materials and finishes can take the look from laid-back to luxurious.
 
 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Saturday, September 3, 2011

A Colorful Canvas

Through her company, Lifestyling by Maria Gabriela Brito, the “lifestylist” provides an assortment of services for her clients, including complete interior design, art consultation, and wine assistance by starting collections and building custom closet-size city cellars. Brito has expertly applied and showcased her talents in the eclectic Chelsea neighborhood home she shares with her husband and children in New York City. The design of the 1,800-square-feet, three-bedroom, two-bath apartment is inspired by her global adventures and the cultured energy of the city she now calls home.

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Friday, September 2, 2011

Maine Property Tax and Rent Refund program

Circuit Breaker Rebate


Applications for the Maine Property Tax and Rent Refund program, also known as "Circuit Breaker," are now available.

Nearly 200,000 Maine households qualify for a partial refund of property tax assessed and/or rent paid in 2010. The maximum refund available is $1,600.

 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Portland Historic District c:1910 Townhouse

Historic District c:1910 Townhouse with original features throughout, yet updated to offer today's expected amenities.Glowing hardwood floors, 2 woodburning fireplaces, custom kitchen. You will enjoy the city fenced-in garden. Flex floor plan accommodates modern living.

John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Beautiful Portland Condo

Historic Townhouse lovingly & painstakingly renovated from top to bottom! High ceilings with many original mouldings, stunning grand staircase, open custom kitchen with commercial grade appliances. Flexible floor plan-2nd & 3rd floor bedrooms-offices-urban garden
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

No Trash or Recycling Collection on Labor Day in Portland

No Trash or Recycling Collection on Labor Day


The Department of Public Services Solid Waste crews will not collect trash or recycling on Labor Day, September 5th. Residents who normally receive collection services on Monday will have their trash and recycling collected the Saturday before, September 3rd. Residents of Peaks Island, Great Diamond Island, Little Diamond Island and Cliff Island will have their recycling and trash collection the following day, Tuesday, September 6th. All items should be out by 6:30 AM to ensure collection. If residents have further questions about their trash/recycling collection, they can contact the Recycling Hotline at 756-8189.

The Riverside Recycling Facility will be closed on Labor Day as well, and will resume normal business hours on Tuesday, September 6th, 7:00 AM to 4:00 PM.
 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

First Friday Art Walk TONIGHT

Happy "End - O - Summer" everyone!!

Here's hoping this finds you well and safe after our tumultous weather - and ready for a festive, sparkling evening for this First Friday events. With the sun setting so much earlier now, we are back to walking under star-lit skies and enjoying the crisper air that September brings. The Gallery at Harmon's & Barton's celebrates late summer with Tree Artist, Susan Elliot (www.susanelliot.com), who brings her love of trees and their reflective personalities to her creations (see attached). You will need to take time and inspect closely Susan's detailed originals in pencil and watercolor, for they contain tiny people and strikingly human portraits in the trees! Join us Friday for thoughtful art and warm conversation as we present:

"Trees: In a Different Light"

A huge THANK YOU to all who came and painted and bought at the WCSH6 Sidewalk Art Festival last Saturday! We had so much fun at our booth and are well on our way to a community painting on silk!!

Congratulations to our friends at The Center for Maine Craft (www.mainecrafts.org) who will be continuing their Maine Mall presence through December! Visit them at the old Filene's end of the Mall now and at the Food Court end after Labor Day!

And for those of you who need to/want to be involved in a great 'math-meets-art-meets-international' project through the fall, log on to www.themainereef.blogspot.com to follow The Maine Hyperbolic Crochet Reef project or to become involved in its evolution!! Their coral is multiplying exponentially!!
 
 
 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Thursday, September 1, 2011

A Totally RAD Night with the Time Pilots

A Totally RAD Night with the Time Pilots


The public is invited to enjoy A Totally RAD Night with the Time Pilots, a fundraiser for the Amy St. Laurent Fund. The fund underwrites the Portland Police Department’s Rape Aggression Defense (R.A.D.) Training class. R.A.D., which is offered several times during the year, is designed to help women survive situations in which their lives are in jeopardy. A Totally RAD Night will be a fun evening of dancing and music from the Time Pilots, sponsored by Live Maine and preceded by a silent auction. Tickets are $25. You must be twenty-one to attend the show. Refreshments will be provided along with fun 80’s themed items.



Tickets can be purchased on online http://www.ticketriver.com/event/1446-a-totally-r-a-d--night-with-the-time-pilots/ or at the door



When: September 23, 2011



7:00 PM



Where: Italian Heritage Center

40 Westland Avenue, Portland
 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us

Market update


Market update courtesy of  Peter Williamson

" I'm goin' to Jackson. See if I care ." - Johnny Cash. Last week, Fed Chair Ben Bernanke headed to Jackson Hole, Wyoming…and the markets certainly cared! The big news of the week was Bernanke's speech at the Federal Reserve Bank of Kansas City Economic Symposium at Jackson Hole. Here's what happened - and, more importantly, what it means to Bonds and home loan rates.



Bernanke Remains Optimistic. Bernanke focused on the near-term and long-term economic situation, but his message was optimistic, stating that regardless of "the crisis and the recession, the U.S. economy remains the largest in the world." He stated that the Fed expects "a moderate recovery" to continue and even strengthen as the country goes forward.

Easy on the talk of "Easing." Despite the market's concerns over the slowing economic recovery, Bernanke didn't discuss any details about the measures that the Fed may use to help get the recovery back on track - which means there was no mention of a third round of Quantitative Easing (QE3). Instead, he stated that the Fed would continue to consider such options at its upcoming September meeting. He did, however, re-iterate that "The Fed has a range of tools that could be used to provide additional monetary stimulus." Additionally, he ended his speech by saying: "The Federal Reserve will certainly do all that it can to help restore high rates of growth and employment in a context of price stability."



Right back where we started. It's interesting to note that last year when Bernanke spoke at Jackson Hole he talked about the likelihood of QE2. That speech sent both the Bond and Stock markets into a rally mode. Amazingly, the Stock market is very close to levels seen last August, which means that Stocks have given up virtually all of the gains seen from the enormous rally sparked by QE2.



Anticipation and disappointment. Stocks traded higher early last week in anticipation of Fed Chairman Ben Bernanke's big speech on Friday at Jackson Hole, Wyoming. With the economy slumping and Stock prices falling in recent weeks, there was a growing feeling that the Fed is willing do something that would signal to the markets that they are willing to help more if needed.



After Bernanke's speech - and his reluctance to discuss QE3 - Stocks dropped slightly, signaling investor's disappointment in having to wait longer to see what steps the Fed may take. By late Friday, however, volatility reared its head again, as Stocks attempted to rally and Bonds gave up some of their gains.

 
With the Fed pushing off any meaningful discussion of its policies and options until the September meeting, this story is sure to continue impacting the markets. Until we hear exactly what the Fed will do, the markets will be forced to speculate and anticipate…which could mean more volatility. For now, the situation looks beneficial for people looking to purchase a home or refinance, as home loan rates remain near historic lows. But things can change quickly, so now is the time to take a look at the options available.
 
Peter Williamson
Stone Coast Mortgage
Office: 207-854-0740 | Cell: 207-671-3138
 
John Hatcher
Keller Williams Realty - The Hatcher Group
6 Deering Street | Portland, Maine 04101
207-775-2121 Office | 207-775-2122 Fax
http://JohnHatcher.us
John@JohnHatcher.us