Blog :: 04-2025

Paused Your Moving Plans? Here's Why It's Time To Hit Play Again

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It’s not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgment. Conditions just weren’t great.

Inventory was too low, prices were too high, and mortgage rates were bouncing all over. That made it really hard to find a home you loved – and could afford. And why sell [...]

Pre-Approval Isn't Commitment – It's Clarity

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If buying a home is on your radar – even if it’s more of a someday plan than a right now plan – getting pre-approved early is still one of the smartest moves you can make. Why? Because, like anything in life, the right prep work makes things clearer.

The best time to get serious about buying is before you’re ready to buy. Here’s why.

Pre-Approval Helps You Understand Your [...]

Affordable Condo in Cumberland County For Sale

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Uncover this charming second-level condo nestled in Gray. Situated just off Route 100 and enveloped by trees, this unit offers a tranquil yet accessible setting, only minutes away from the Falmouth line and Route I-95, making for an easy 20-minute commute to Portland. The condo is ready for you to move in, featuring an efficient layout that includes a bright main living area with double sliding glass doors that open to a private deck. A cozy working fireplace enhances the inviting ambiance. The well-managed association covers all exterior maintenance, allowing you to focus on adding your personal touch to the space. With 15 steps leading to convenient one-floor living, this condo presents an excellent opportunity for homeownership at an attractive price point, brimming with potential.

Setting up a showing is easy. Contact Kerry Lee Hall at 207-691-8008 or kerry@catesre.com 

Recession Doesn't Mean a Mortgage Crisis

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There’s a lot of talk about a recession lately and how the odds of one are rising. If you’re wondering what that means for the housing market, here’s what the data tells us. While you may remember the price crash in 2008, that’s not the norm. Looking back to 1980, home prices usually rose, and mortgage rates tended to fall. If you have questions about buying or selling a home in today’s market, let’s talk.

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

#mortgagerates #crashof2008 #homeprices #recession

The Truth About Newly Built Homes and Today's Market

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Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading that and thinking: oh no, here we go again. That’s because you remember the housing crash of the late 2000s and you’re worried we’re repeating the same [...]

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