Blog :: 2026

Think You Have To Put 20% Down? Most First-Time Homebuyers Don't.

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According to Google Trends, online searches for down payment information recently hit an all-time high. And that’s a clear sign more buyers are trying to figure out what they really need to save before making a move (see graph below):

If you’re wondering the same thing, you can always turn to the internet for answers. But a lot of the [...]

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

Rent or Buy? The Real Tradeoff Most People Don't Talk About

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You’ve probably asked yourself lately: Is it even worth trying to buy a home right now? It’s a question a lot of people are asking.

With today’s home prices and mortgage rates, renting can feel like the easier path. In some cases, it might even seem like the only realistic option right now. And if that’s where you are, there’s nothing wrong with [...]

Getting a Tax Refund? Here's How It Can Help You Buy a Home

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If you’re getting a tax refund this year, here’s something worth thinking about. That money could actually help you get closer to buying a home.

It may not be something you’ve factored into your plan yet, but it can give your savings a nice boost right when you need it most. And whether your refund is a few thousand dollars or more, [...]

Have you considered Multi-generational living?

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When Buying a Home Feels Out of Reach, Some Families Do This Instead



 

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: [...]

Thinking About an Adjustable-Rate Mortgage? Here's What You Need To Know

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If you’ve been looking for a home lately, you’ve probably felt how tough affordability still is. And that's exactly why more buyers are opting for adjustable-rate mortgages, or ARMs.

Here's what you need to understand about how they work, and whether they make sense for you.

What Is an Adjustable-Rate Mortgage?

Since a lot of people aren’t familiar with this type of loan, let’s start with a definition. This is how [...]

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 [...]

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