Blog Articles

March Stats are in and things are looking up! SPRING THAW FOR THE DURHAM MARKET DURHAM REGION, April 5, 2018 - Durham Region Association of REALTORS® (DRAR) President Dennis Roberts reported 846 residential transactions in March 2018. This result was down by 30 per cent in comparison to a record 1,349 in March 2017. March 2018 saw the number of new listings in Durham increase to 1 Read more →

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Now that market conditions in Durham region are a little more favorable for home buyers, more first-time buyers are looking seriously at purchasing their first home. There are a few key things to keep in mind that more seasoned home buyers may already know. Some of these things could actually put your home purchase in jeopardy so it’s crucial that you be aware.   1. &n Read more →

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Durham Region - June 2017 Market Stats It’s no secret that the resale housing market in Durham Region has slumped a little in recent months. Durham Region Association of Realtors (DRAR) president, Roger Bouma, reported 997 residential resale transactions in June 2017, representing a 32 per cent DECREASE from the same time period in 2016. THe number of new listings on the market al Read more →

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Canada Day 2017 - What's Closed and When With Canada Day falling on a Saturday this year, many businesses will observe the statuatory holiday on Monday, July 3. Here's a quick run down of what's closed and when before we get into the good stuff about all the fun things to do this July long weekend! Liquor, beer and shopping centres will be closed on Saturday July 1. Banks with weekend ho Read more →

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The Sellers Market in Durham Region that dominated the news in early 2017 has shown signs of softening in the latest numbers just released for May 2017. Listing inventory is up and multiple offers are down, although the list to sell ratio is still showing that homes are selling over list price. The average selling price was down 7 per cent from April 2017, but still a healthy 23 p Read more →

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Ontario has passed new real estate legislation in a bid to tackle housing affordability, the Ontario Fair Housing Plan. The measures include a 15 per cent non-resident speculation tax which targets foreign buyers and investors in the Greater Golden Horseshoe Area; an area which includes the GTA and Durham Region as well as The City of Kawartha Lakes, the County of Peterborough and North Read more →

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What a roller coaster the 2017 Durham Region real estate market has been so far this year. The trend year-over-year is still on a staggering upswing, however, there’s no denying that month-to-month we’ve seen a very clear cooling of the overheated activity we saw in the first quarter of 2017.  Announcements by the government towards the end of April of changing coming ai Read more →

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They’re here. They’re glossy. They’re amazing. They’re packed full of valuable information for Durham Region home buyers and home sellers.   Want to know how you can get your hands on one of our new Home Buyer/Home Seller handbooks?   It’s really easy...just give us a call and book a no-obligation, complimentary current market evaluation for Read more →

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Clarington, Ontario is a collection of smaller communities surrounding the larger towns and villages of Bowmanville, Courtice, Newcastle and Orono and is the eastern gateway to the GTA.   Travel through the area is via several major east-west highways, including the 401, Hwy 2, Taunton Rd and the soon to be completed 407 which will link Hwy 115 to the west, making this area a grea Read more →

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When purchasing a home, one of the key components your bank or lending is going to take into consideration when arranging your financing or pre-approval is your personal credit score.   In Canada, personal credit scores range from 300 (no established credit history) to 900, which is the best possible score. According to TransUnion, the magic number for a credit score is 650, with Read more →

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Every time I sit down to write my blog about the monthly statistics, even I am blown away by the incredible numbers. Remember when everyone was shocked in February at the year-over-year increase of 36 per cent for January 2017? Well, I hope that you’re sitting down for this one - March 2017 posted a year-over-year increase of an astonishing 42 per cent from the same time period las Read more →

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Everyone is craving green after the long, cold, dull winter and Pantone’s colour of the year for 2017, appropriately, is called “Greenery” (#15-0343). A welcome infusion of soft spring-like green reminiscent of flowering spring trees. This colour blends well with pinks, reds, blues and violets; opening up a visual smorgasbord for your delight.   Perhaps you&rsq Read more →

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Enter Blog Post HereWhether getting your home ready to sell, or updating your decor, a neutral colour palette is best to draw from for your “big” elements, like wall colour, flooring and furnishings. You don’t have to give up your favourite colour and feel lost in a sea of beige or blah though. Introduce accents or “pops” of colour using artwork (trendy prin Read more →

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So you thought January housing numbers for Durham Region real estate were crazy… wait until you see Februarys! Once again posting a blazing increase year-over-year.  In February 2016, the average selling price in Durham Region was $490,081. By comparison, in February 2017, that number skyrocketed to $665,005, an increase of 37 per cent! Even just looking at the current year-t Read more →

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 If you’ve been lucky enough to snag a new home in the current Seller’s market in Durham Region, first off - congratulations! That’s no easy feat these days. You may have paid a bit more for your home than you were expecting. It’s important to know that there are additional costs you will need to be able to cover between the purchase and closing day. A wise Read more →

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When the price of Durham Region real estate seems to be getting out of hand, those thinking of moving often reevaluate their circumstances and find that improving vs moving is the smarter plan of action for their and their family's future comfort. Improvements can be as simple as a coat of paint all the way to adding on additional square footage.  Whether you plan to stay in your h Read more →

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By now, unless you live under a rock, you’ve heard about the staggering numbers posted in January for the Durham Region real estate market. (See my previous blog for all the numbers HERE). Numbers like 36 per cent increase year-over-year. Incredible.  If you’re a homeowner thinking of selling, these are exciting numbers indeed! You’re also likely hearing terms lik Read more →

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The real estate market is hot, Hot, HOT in Durham Region right now. Durham Region Association of REALTORS® (DRAR) president  Roger Bouma reported 595 residential transactions in January 2017, a 17 per cent increase over January 2016.  “Strong demand and low inventory are a few key factors in the booming price growth in Durham Region,” stated Bouma.  Althoug Read more →

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As the 2017 real estate market in Durham Region and the GTA continues to appreciate at a steady and impressive rate, many people are considering purchasing an investment property. Rebecca McGarvey is a strong believer in building wealth through real estate investment and owns several investment properties herself and she will be the first to tell you the water’s fine, come on in! Read more →

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Each January, RE/Max Jazz honours its Agents with their very own red carpet awards night, called the “Jazzies”. Now in its eighth year, this gala affair recognizes the hard work and achievements of the Sales Representatives with RE/Max Jazz.  It’s a night where the families and loved ones of the Realtors are also acknowledged and given thanks for their support wh Read more →

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