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261 S Union Road, Union | Attention Contractors, Convert this Barn

Welcome to 261 S Union Road, Union. This 1,440SF building is currently used as a two-bay garage, offers a full walk-out foundation - perfect for expansion or storage. Electrical service is installed and a well is drilled, anticipating conversion into a comfortable one or two-level home. With 3.6+/- acres, there's ample room for a septic [...]

A record 40% of U.S. homeowners now own their homes outright

Did you know? A record 40% of U.S. homeowners now own their homes outright. That’s the highest share ever recorded.

And that’s a crucial statistic if you’re considering downsizing. 

Think about it. If you’ve been in your house for a long time, you may be able to sell and buy your next home in cash. 

You can purchase a smaller, less expensive home that better suits your lifestyle today, with lower bills, less upkeep, and no new mortgage in [...]

Spoiler Alert: October is officially the best month to buy a home in 2025

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The market is shaping up to bring buyers more options, better prices, and less competition in most of the top 50 metros.

But the exact week when buyer-friendly conditions peak varies by market. 

Want to know the sweet spot in our area? DM me and I’ll send you the details.

FMI contact: Cates Real Estate | 207-701-5600 | info@catesre.com 

#BestTimeToBuy #homebuying #October #lesscompetition #buyer-friendly #sweetspot 

Look What You Can Buy in Maine for Under $200,000 | 454 N Parish Road, Turner

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Possibilities await with this 3,500+ farmhouse on 3.33+/- surveyed acres in Turner. Think of it as a blank canvas awaiting your dreams. It's not for the faint of heart, and it will not pass with traditional financing, but at the end of the day, you will sit back on your rocker and admire a showpiece of a property. Loaded with potential for the right buyer. 

FMI contact Kerry Hall | Cates Real Estate | 207-691-8008 | kerry@catesre.com

3 Reasons Affordability Is Showing Signs of Improvement This Fall

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3 Reasons Affordability Is Showing Signs of Improvement This Fall



 

For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn’t feel possible. Maybe you were one of [...]

Homeowners Today Could Have over 300K of Equity

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While you’ve been out and about living your life, your house has been quietly building your wealth in the background. And that hidden wealth is called equity. When prices go up over time, and as you pay your mortgage, that number climbs. According to the latest data, the average homeowner has around $302K in equity right now. That’s six figures you could be sitting on without even realizing it. When was the last time you had a professional show you what your home is actually worth, and how much equity you likely have? DM me and we’ll run your personalized numbers, so you know exactly what you’re working with. It might be precisely what you need to fuel your next move.

Find out what your home is worth, give us a call at 207-701-5600 or email us at info@catesre.com

#HomeEquity #HomeValues #buildingwealth

 

Price Reset | 40 Shaw Avenue Rockland

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Rare opportunity to purchase a home in the historic district in Rockland for under $450,000. This spacious one-floor living home has been in the same hands for decades and is yearning for new owners. Centrally located in the heart of Rockland, walk to Main Street, the Library, the Harbor, and The Strand from your front doorstep. 

Call Erik Jura at Cates Real Estate to learn more. 207-701-5600 or erik@catesre.com

Do You Know How Much Your House Is Really Worth?

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Want to know something important? You probably don’t have a professional check for yourself nearly as often as you should. Spoiler alert: it’s the value of your home.

Because here’s the reality. Your house is likely the most significant financial asset you have. And if you’ve lived in it for a few years or more, chances are it’s been [...]

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