May 2017 Housing Report for Durham Region

By: Rebecca McGarvey

May 2017 Housing Report for Durham Region

Tags: durham region, real estate, housing, stats, statistics, numbers, remax,

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 per cent in...Read More

Ontario's Fair Housing Plan

By: Rebecca McGarvey

Ontario's Fair Housing Plan

Tags: ontario fair housing plan, real estate legislation, new laws real estate, foreign buyer tax, remax, rebecca mcgarvey

  ↵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...Read More

Breaking Down the Durham Region Real Estate Market

By: Rebecca McGarvey

Breaking Down the Durham Region Real Estate Market

Tags: Durham Region, Real Estate, Investment, Sellers Market, Bubble, multiple offer, bidding wars, april, 2017, stats, REMAX

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 aimed at re...Read More

How to get The Rebecca McGarvey Team Buyer and Seller Handbook

By: Rebecca McGarvey

How to get The Rebecca McGarvey Team Buyer and Seller Handbook

Tags: durham region, real estate, home buyers, home sellers, checklists, BOOK, 

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 your home with...Read More

Community Shorts - Clarington

By: Rebecca McGarvey

Community Shorts - Clarington

Tags: about, clarington, durham region, moving to, real estate, Bowmanville, Courtice, Newcastle, Orono

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 great choice fo...Read More

8 Steps to Building or Repairing Your Credit Score

By: Rebecca McGarvey

8 Steps to Building or Repairing Your Credit Score

Tags: credit score, transunion, equifax,

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 other agen...Read More

March 2017 Durham Region Housing Stats

By: Rebecca McGarvey

March 2017 Durham Region Housing Stats

Tags: Durham Region, Real Estate, Statistics, March, 2017, Rebecca McGarvey, REMAX

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 last year. T...Read More

Thinking About Buying a Cottage in Ontario? Make Sure You Read This First!

By: Rebecca McGarvey

Thinking About Buying a Cottage in Ontario? Make Sure You Read This First!

Tags: ontario cottages, cottage, buying a cottage, ontario, lake scugog, lake joseph, lake rosseau, muskoka, remax, rebecca mcgarvey

Cottage season will soon be upon us. Traditionally, the long weekend in May is cottage opening weekend for most Ontarians.  If the weather is exceptionally nice in April and early May, that might even happen earlier. Cottage owners are certainly anxious to make the first of many treks to cottage country after a long, cold winter. Perhaps you’ve been thinking it might be time to look a...Read More

Decorating With Colour

By: Rebecca McGarvey

Decorating With Colour

Tags: staging, pantone, color, colour, decorating, interior decorating, real estate, durham region, rebecca mcgarvey, remax jazz

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 prints on canv...Read More

February Housing Stats for Durham Region and 7 Tips to Winning a Multiple Offer

By: Rebecca McGarvey

February Housing Stats for Durham Region and 7 Tips to Winning a Multiple Offer

Tags: multiple offer, sellers market, bidding wars, February 2017 stats, durham region, real estate, the real estate connexion, rebecca mcgarvey, remax, remax jazz

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-to-date, be...Read More