For a lot of people, the math on buying a home just doesn’t really work right now. Maybe that’s how it feels for you too. You look at the cost of buying. Then you look at the cost of childcare. And it starts to feel like you have to choose one or the other.
But some families are finding a way to make both work by doing something a little different: [...]
Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range. If you saw that and thought, “Great. I missed it,” you’re not the only one.
Many buyers are treating the 5s like some kind of magic number. As if moving from 6.1% to 5.99% suddenly changes [...]
If you’re one of the thousands of homebuyers waiting for rates to fall, you should know it’s already happening. And they recently crossed an important milestone. Rates officially dipped their toes into the 5s – something that hasn’t happened in about 3 years.
This moment marked a critical threshold. Now, rates are sitting in the low 6% territory. And expert forecasts project they’ll hover near this range throughout the [...]
A handful of seats remain for tomorrow's First-Time Home Buyers Course
Call Blakeley at 207-706-6084 or blakeley@catesre.com
If you’re trying to decide if you’re ready to become a homeowner in the next twelve months, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates, home prices, the current state of the economy, and more. And, you’re juggling how all of those things will impact the choice you’ll make. It’s a [...]
After several years of high mortgage rates and hesitation from buyers, momentum is quietly building beneath the surface of the housing market. Sellers are reappearing. Buyers are re-engaging. And for the first time in what feels like forever, there’s movement happening [...]
A lot of buyers are stuck in “wait and see” mode right now. They’re watching rates hover a little above 6% and thinking, I’ll buy once they hit the 5s. Because who doesn’t want a better [...]
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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
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 [...]
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