Last year, 70% of buyers abandoned their home search – and maybe you were one of them. It makes sense. Inventory was low, prices were high, and mortgage rates were up and down like a rollercoaster. All of that made it really hard to find a home you loved – and could [...]

Recession talk is all over the news, and the odds of a recession are rising this year. And that leaves people wondering what would happen to the housing market if we do go into a [...]

Mixed-use property in the heart of downtown Rockland. This beautiful brick building featured two professional office spaces, two apartment units, and a luxurious owner's suite with a birds-eye harbor view.

Looking for an investment property in the Midcoast? Call the Team of Martin Cates, Elaine Meklin, and Natasha Zontini to learn more. 207-596-3380 - Martin, 207-691-0959 - Elaine 

#midcoastproperties #rocklanddowntown #investmentproperties #professionalofficespace #luxuriousownersuite #mixeduse #uniqueopportunities

Jeff Harris of Harris Real Estate, the 2025 president of the Maine Association of Realtors, tells Fortune, "Maine has some of the oldest housing stock in the country, with 35% built before 1960—23% before 1940. Because of the lack of housing and affordability, renovating existing housing is a wise and feasible pathway to homeownership.”

source: Fortune magazine, February 24, 2025

It's springtime in Maine and it's the perfect time to purchase this fixer-upper in Turner Maine. The work has been started and it is awaiting your dreams and finishing touches. Renovate the first floor and live there while you tackle the rest. Plenty of room to grow with over 3000 square feet of living space. Come explore the possibilities. 

Call today to learn more. FMI contact Kerry Lee Hall at [email protected] | 207-691-8008 

HOMESTEAD EXEMPTION:

The homestead exemption reduces a home's value by up to $25,000 for property tax purposes.

To qualify, the applicant must:

• be a permanent resident of Maine 
• the home must be the applicant’s permanent residence
• applicant must have owned a home in Maine for the twelve months before applying 
• application must be filed on or before April 1 with the municipality where the property is
[...]

Spring is here, and so is the busiest season in real estate. More buyers are out looking for homes, which means more competition for you. If you want to put yourself in the best position to buy, there’s one step you can’t afford to skip, and that’s getting pre-approved for a [...]

Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your [...]

For the past few years, it’s been mostly a seller’s market. But dynamics are shifting as the number of homes for sale grows. And that means that the market is balancing out a bit. As a result, some sellers are finding they need to be more flexible to close a deal. One strategy that can help? Offering [...]

If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that's more than any other December going all the way back to 2017 (see graph below):

Whether it was because [...]

Some Highlights

• Buying a home isn’t just a transaction – it’s a journey. And, like any great adventure, having a solid roadmap makes all the difference.
• Each milestone is an achievement, from building your dream team to getting pre-approved, house hunting, and signing the papers on closing day.
• Your journey starts here.

Let’s connect so you have help every step along the way. Contact one of our Team Members at Cates Real Estate at 207-701-5600 or [...]