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Buying Netflix Stock in today’s market
There is a tie-in to Real Estate if you stay with me for a few minutes. In February if you decided to buy one Netflix share you would have paid $457. Today, you would pay $194. If someone suggested that you would pay a higher amount you would laugh. The prices for Real Estate are…
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Flipping Houses in Oshawa, Whitby and Clarington
I recently sold a home in Oshawa and the story behind another similar home in the neighborhood had me digging in to how “flips” work. I thought I would share my research into what happened to the home down the street from the one I was asked to help sell. I am going to keep…
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The Durham Real Estate Market is Tanking
Did I grab your attention with that headline? Headlines exist to cause a reaction, and over the past few weeks I have had 2 experiences with Agents offering on homes I had on the market for sale, where the Agent narrative mirrored was being shared in the media. The first, was with a property I…
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Average Home Prices in Oshawa, Whitby and Clarington
Let’s take a quick look back in time to see where the values have been before we look at where they are currently. I began my career selling Real Estate in 1986. So long ago that the Real Estate Board does not have individual statistics from that prehistoric age. When I started our three communities…
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Real Estate Market Confusion. Bear Market? Bull Market? Beer Market? Buy? Sell? What should you do??
There is a common saying in business; “Success Leaves Clues.” What this means is that to be successful in any endeavour, rather than re-inventing the wheel, if you research successful people and businesses you can come to understand why they, in such competitive environments succeed when others did not. I joke (on a pretty regular…
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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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An Opportunity for Real Estate Buyers (finally) in Oshawa, Whitby and Clarington
An Opportunity for Real Estate Buyers (finally) in Oshawa, Whitby and Clarington. Real estate has been the “talk of the town” for several years now. I was ordering a coffee this week and overheard a couple talking about an offer that they had submitted and were fingers crossed they were successful. You can’t go anywhere…
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How to interview a Real Estate Agent – Selling a Home in Durham Region
I was interviewing a client over the past week who was thinking of selling their home and I asked, what is a common question when I first sit down with Sellers; “how was your last Real Estate experience? Was it positive or negative?” Surprisingly, (or not surprisingly) many times the Seller mentions a negative experience…
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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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