Home prices

Cumberland County vs Knox County Housing Sales | March 2026

Comparing Cumberland County housing sales vs Knox County, the median sales price in Knox County for March 2026 was $421,000, vs $643,000 in Cumberland County. Looking to make a move? Call us to speak with a seasoned Agent to discuss the local housing market. 

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

Should You Wait for Lower Rates?

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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 [...]

The $280 Shift in Affordability Every Homebuyer Should Know

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If you've put your move plans on hold due to high rates or prices, it may be time to reassess your numbers. Affordability is improving in 39 of the top 50 markets, according to First American. And that’s the 5th straight month where buying a home has become slightly easier.

Let’s break this down into real dollars, so you can see the difference this could make for you (and your [...]

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

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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