Mortgage Rates Recently Hit a 3-Year Low. Here’s Why That’s Still a Big Deal.

 

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 

 

Wondering what to expect from the housing market in 2026? You’re not the only one. For the past few years, affordability has been the biggest barrier for most people to their next move. Many buyers and sellers have been holding their breath, waiting for conditions to improve. The good news? It’s finally [...]

 

 

Summary of charts showing median sales prices for Maine SFR and condo sales for 2025 as follows as of January 2, 2026::

*Based on stats from Maine Real Estate Info Systems, inc.,  dba, Maine Listings 

 

If a move is on your radar for 2026, there’s a lot more working in your favor than there has been in a while.

After a stretch where many people felt stuck, 2026 is shaping up to be a year with more balance, more options, and more clarity for people who want to make a move. Not because the market is suddenly “easy,” but because several [...]

 

 

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 [...]