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Is It a Buyer’s Market? That Depends… And I Swear This Won’t Make Your Eyes Glaze Over
I promise this post contains zero pie charts, zero jargon, and absolutely no expectation that you’ll need a calculator. Now, let’s talk about something that comes up a lot:Someone recently said to me, “There are so many homes for sale right now—it’s clearly a buyer’s market, right?”And my answer (which always feels a little like…
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Making Sense of a Market that Makes No Cents
Here is where we are currently – in the past month, this has been the activity. (Oshawa, Whitby and Clarington detached homes for the month of April) Total homes available: 1,009 Homes sold April/25: 304 Price reductions: 8 When you look at where we began in 2025, we had 446 homes for sale. This shows that…
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Doggie Dishes and Sold Signs (A Lighthearted Look at What Not to Do During a Home Showing)
There’s a saying in real estate: “When a buyer tours a home, nothing with two legs or four should be present.” Translation? Ideally, neither sellers nor pets should be home when potential buyers stop by. Why? Because it’s a bit tough for buyers to imagine themselves living in a space when the current residents—human or…
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Buy Canadian – Buy a Resale Home!
I read a fascinating article over the weekend in the New York TImes over the weekend titled “Building Homes Under the Trump Agenda.” This is not intended to be a political blog entry, just a breakdown on how new home construction will change under the tariffs and counter-tariffs. The article reviewed a home being built…
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Stress Test or a Test that Causes Stress?
In 2016 our federal government implemented a policy that was met with mixed reviews. Called the “stress test,” the policy required borrowers to qualify for a mortgage at a rate of 5.25% or 2% higher than the rate they were applying for. (Whichever was greater.) When this policy was introduced, the Bank of Canada lending…
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Have we ‘Progued’ the Real Estate Market?
Have we “Progued” the Real Estate Market? Prorogue is a word that has been bouncing around over the past few months here in Canada. If you are unaware what it means here is a definition; To terminate a session of something (such as Canadian parliament) by Royal prerogative. (BTW this is not a political blog……
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What Realtors Actually Do
I read an online comment from someone who had a bit of a “grudge” against Real Estate brokers. His comment was, “All they do is put the home on MLS, and it sells itself.” I thought I would do a timeline on a home we recently sold to share some of the tasks involved in…
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Should you choose Real Estate or the Stock Market in 2025?
The stock market is declining, and the Dow Jones is currently at 42,500, effectively the same as at the beginning of the year. The high was in November, and stocks have been unreliable since. The real estate market is currently building inventory, which usually indicates that the values will slip. So, the question I was…
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Can Real Estate Pay for a Retirement Community?
I was humming a song recently and I was surprised such an old tune would be floating around in my head. Here are a few of the lyrics: Come and listen to my story about a man named JedA poor mountaineer, barely kept his family fed,And then one day he was shootin’ at some food,And…
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How Realtors Establish Market Value for a Home
At a house party on the weekend, I was asked a question I tend to get now, and then when people find out, I am a Real Estate broker. “How do you determine a property’s market value?” When asked this question, I usually ask the person what they feel an agent does to determine what…
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