Here’s something you should know before you sell your house. The homeowners who win in today’s market aren’t the ones waiting it out or stepping back. They’re the ones who adapt from the [...]
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 [...]
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 [...]
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
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 [...]
In a recent poll from Gallup, real estate has once again been voted the best long-term investment. And it’s claimed that top spot for 12 straight years now. Homeownership is one of the top ways to build wealth, even with home price growth moderating and ongoing economic uncertainty. If you’ve been trying to decide if it makes sense to buy a home today, let’s connect and talk about the programs that can help you become a homeowner.
Let's talk! To reach an agent in Midcoast or Greater Portland email us at info@catesre.com
If you’re a homeowner, chances are you’ve built up a lot of wealth – just by living in your house and watching its value grow over time. And that equity? It’s something that could help change your child’s [...]
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 [...]
HOMESTEAD EXEMPTION:
The homestead exemption reduces a home's value by up to $25,000 for property tax purposes.
To qualify, the applicant must:
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):