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Real Estate News
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in borrowing cost shows no signs of letting up soon.
While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works.
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming?
There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall.
Testimonials
I am a real estate investor in the Minneapolis/St Paul area. Cate has helped me secure several deals. She is knowledgeable in her work and gives superior customer service.
She is able to find deals in this tough market and negotiates them to the best of her ability. She is available to help me with comps and BPO for my investment decisions.
I would recommend Cate to anyone who is looking to purchase a home, whether an owner occupant or an investor.
Thanks you Cate for keeping my business going.
- Jenny K
Bought and Sold a home in 2012.
We had been thinking of buying a house for a while but was hesitant since most of our friends who had houses were telling us it's was a bad idea. I met Cate at a friend's party and she told me about her work as a realter. I talked to my husband who didn't even want to hear it. I worked with Cate to make sure we can first qualify for loans and explain that we wanted a mortgage that was manageable for us.My husband jumped on board and agreed to have Cate as our realtor after meeting with her and seeing how hard working she was. Cate made sure we were satisfied with the house before we wrote an offer.I don't even remember the exact number of houses but we must have viewed close to 20 before we found the right one. Cate was always patient with us and never pushed anything on us. We finally found our dream house in the best location and now we are enjoying with No regrets! Thanks Cate! I will definitely recommend anyone searching for satisfaction in their dream house to take Cate as their realtor.
- user0073409
Bought a home in 2010
I would give Cate Curia the highest recommendation possible. My house was up for a short sale. Bank Of America sent me a list of realtors to chose from. After talking to 4 or 5 of their choices I got to Cate. She was the only realtor who seemed to have any interest in helping me. She was a super star from the start. We had several set backs in the process and every time, Cate was right there taking care of it. She pulled a real miracle at the end when BOA sold my loan a day before our closing. I have no idea how she did it, but she got the new bank and BOA to agree to close the house anyway. She arranged a new appraisal and got all the paper work in order. She was also extremely helpful help in guiding me through what to try and fix up in the house. She knew exactly what would help the sale. She saved me quite a bit of time and money. I will use Cate in the future when I can purchase a home again. She was so professional and she worked so hard for me. She spent hours and hours getting my house sold. The small fee she received from my sale could never cover all the work she did for me. If you want a dedicated, professional,, knowledgeable realtor who goes the extra mile again and again, than Cate is the realtor you should choose.
- user5151282
Sold a Single Family home in 2012 in Brooklyn Park, MN
In the spring of 2013 I decided that I wanted to buy a house. Cate was referred to me by a friend and from the moment I met her I appreciated her kindness and professionalism. After working through some credit issue, by late summer I was ready to start looking for my new home. My road to home-ownership definitely had some rough patches. From pulling an offer due to a bad roof to not being able to close due to an unclear title, Cate stuck with me and provided a lot of insight & knowledge during very frustrating times. When I was at the point of giving up, she was encouraging and convinced me to keep pursuing my dream of being an home owner. I can not even recall how many homes I looked at, but was relieved when I finally found 'THE" perfect home for my family. We moved into our house in December of 2013, and we are now in a house that we love! I owe a lot of that to Cate for being such and awesome Realtor. I would recommend her to anyone who is looking to buy or sell a house. Not only is she very knowledgeable about the real estate business, she is compassionate and personable, which I greatly appreciated.
- nspired36
Bought a Single Family home in 2013 in Minneapolis, MN
I met Cate back in 2010 when I was trying to do a short sale on my property. Cate drove to my home to meet with me with her very young baby. Cate worked extensively with the lender and we got the property sold. Cate always remained in touch with my family. Back in 2013 I called Cate and told her I was ready to begin the process of looking for a home. She worked days and nights to put my kids and I into a nice property. One thing about Cate that I like is what we see as a buyer, she is looking beyond that. She always said I just do not want to get you any home. I want you to get a home that you and your kids will be happy in. On December 13, 2013, Cate helped me purchase a really nice home that my son calls his dream home. Thanks so much Cate for all that you do. You will always be appreciated.
- user15974584
Bought a Single Family home in 2013 in Brooklyn Park, MN
Cate is a dedicated, honest and competent professional who places her clients first and is responsive to their needs.
Cate worked tirelessly to help us buy our current house.
I highly recommend having her as your real estate agent.
- patchanzu
Bought a Single Family home in 2009 in Brooklyn Park, MN
Cate sold my house and She knew exactly what I needed to happen. I always felt she was looking out for MY best interest. This alone makes you very comfortable. She made sure I knew what was going on at all times. Cate has great follow thru. I am so happy she was referred to me. Cate made it happen in a very timely manner. I appreciate everything she did and I will definitely recommend Cate's services to anyone that want reliable, efficient, honest and timely service. Cate Kuria is definaty the person for you.
- Vegas126
Sold a Single Family home in 2015 in Minneapolis, MN
I had been searching for a home for 1yr when I finially landed Cate. I had went through 7 Realtors, 5 of whom said they couldn't help me unless I upped my budget (1 even suggested I get a 2nd job) or settled for a small yard or 45minute commute.
Cate had faith in me. She looked everywhere (withing my drive limit) & showed me ones I found online. The 1 time she couldn't show me a place quickly, she arranged for the selling Realtor to show me.
We went through the houses together and she pointed out both the good (investment) parts & the bad. She educated me & let me make the decision.
I have already recommended her to 5 people who are looking for a new home. Thank you Cate for finding me & my pups a home. This review is the least I can do.
- alfagarogyle
Bought a Single Family home in 2014 in Columbia Heights, MN
My experience with working with Cate since 2006 has been memorable.
She is local which was very important to me and she was very knowledgeable of the surrounding communities. She was my go to person when ever I had a thoughts about the whole first time buyer ordeal. She was very patient with me & answered all my inquires in a timely fashion, all while educating me in the process. I loved working with her. As a first time home buyer I needed Cate expertise on literature on so many documents. She was flexible and passionate about reassuring me of any concerns that I had. I was lucky to have such a dedicated professional. In 2013 I reached out to her again to help me find a bigger home for my new extended family. It took us almost a year to find something but she hung in there with us the whole time ( thank you Cate). I look forward to working with her in finding my retirement home:).
- shereesteele73
Bought a home in 2014 in Minneapolis, MN
We made several calls to agents and Cate was the first to respond and she did it in minutes. The first home we looked at fell thru in the process which was disheartening. She lined up several homes when she realized the first one wasn't going the way we hoped. She was with us from beginning to end. Cate was always there to answer any questions. I would DEFINITELY recommend her
- mcnasty712001
Bought a Townhouse home in 2015 in Brooklyn Park, MN
Cate helped me purchase my first home which I truly love. We looked at many homes but Cate was very patient with me and my family till we found the right and perfect home for us. She helped me make informed decisions and made sure that I stayed within my budget.
Before looking for the home, she helped me get pre-qualified for a mortgage. Her knowledge in the mortgage process helped me understand the loan process and the type of loan that I was getting upfront. Cate's expertise is next to no one else in the industry, as she is knowledgeable, honest, and true to her word. She knows the twin cities area very well. This is the agent to have work for you. She will treat you like you are her only client even when she is very busy. I recommend Cate to everyone I meet and will continue doing so and I cannot wait to buy my next home with her.
Thank you Cate!!
- user2348545
Bought a Townhouse home in 2016 in Maplewood, MN
Cate was amazing during our home buying proceeds. This was our first time buying a home and she had no problem with answer all of questions. We went through a no traditional loan to buy our home that gave us a lot of problem along the way, but Cate was educated about that specific loan process and was very patient with us. She was more than an agent but more as family. She even gave us a house warming gift! I've already recommended her to my friends and family. She's absolutely the best! No exaggeration!
- Kadra & Family
Bought a Single Family home in 2017 in Coon Rapids, MN
We were referred to Cate from my brother. We were upside down on our house in Brooklyn Park, but wanted to move out of the cities. Cate sat down with us and worked through a plan to help us get top dollar for our fixer upper. She provide good tips on how to get our house ready for sale. She had wonderful contacts to contractors to help spruce up some areas. She did what was needed to help us sell, from open houses, to working with our limited availability schedules. Even when the the sale of our house fell through, Cate remained positive and encouraging through the entire process.
We weren't sure exactly where we wanted to look for our new house. No distance was too far it seemed to take us on house tours. We found our dream house in Big Lake and couldn't be happier.
Cates knowledge of the entire process was very impressive. She was helpful in finding workarounds to make it work for us. From selling, to buying, and closing. Thank you Cate! You have become a great friend!
- toboltcs
Bought and Sold a Single Family home in 2017 in Big Lake, MN
Cate was very patient, and took the time to get to know us (my family) and was able to know what we needed out of our best interest. After a lot of time and patience,Cate helped us find the PERFECT house. I recommend her to anyone who is looking for a home but is very new to the process, I promise you that you will be in good hands!
- Tiffany
Bought a home in 2017
Cate was very helpful in selling our home and in purchasing a new one. She guided us in necessary touch-ups which made our house very competitive.
During the purchasing process she kept us focused and remained steadfast as we visited tens of homes before securing our dream home. She was available whenever we needed her for showings and kept us in the loop at all times. Our family is grateful for her knowledge and professionalism.
- kgichane7
Bought and sold a Single Family home in 2018 in Blaine, MN