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Changing Interest Rates: An opportunity for Real Estate in Durham Region
The mortgage rates have jumped up over the past month by more than ½%. How is this change affecting the market?The easy way to look at it is to see how much the costs of carrying a mortgage have increased. Another approach when you lean into the question a bit deeper that might surprise you…
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Buyers’ Market? Sellers’ Market? Balanced Market?
Buyers Market? Sellers Market? Or Balanced Market in Durham Region. Can Buyers finally catch a break? This week’s blog is focused on what has happened in the previous seven days. There are a lot of different things that are impacting the Real Estate market currently so let’s take a few minutes to see what is…
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Is the Real Estate Market Cooling Down?
…or is it just winter? I returned from a Real Estate conference in Arizona on Monday. It was wonderful to be in a new area surrounded by some of the best Realtors in the USA. (I believe Wendy Starr and I were the only Canadians.) One thing we quickly came to understand was that every…
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Do I need an Agent for an Open House?
We saw a welcomed change in how we market Real Estate at the first of this month. Once the January restrictions were altered, open houses were again allowed to take place. Over the past 2 years, open houses have been one of the restricted activities, being blocked more than they have been allowed. Personally, we…
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Finding Links between Durham Real Estate and Manhattan Real Estate
Think south Oshawa, or downtown Whitby or even that odd area in Bowmanville that floods every time Lake Ontario surges…. Then think a bachelor co-op in Brooklyn Heights. How is it possible to find similarities in these communities? Hang with me for a few minutes. Buyers. Buyers of homes in Durham and Manhattan use the…
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Predictions for the 2022 Durham Real Estate Market
The Christmas trees are down, the New Years’ Eve noisemakers are put away for another year and the numbers are showing how Real Estate finished 2021. 2021 was a year that took everyone by surprise. Beginning with a lockdown, more lockdowns, a new variant that seems to be sweeping across our country to a banner…
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