Real Estate in the GTA: Is the balloon about to burst or will the balloon keep rising?

By: Lindsay Smith

Real Estate in the GTA: Is the balloon about to burst or will the balloon keep rising?

Tags:

real estate, buy sell love durham, oshawa real estate, durham region, market trends, whitby real estate, durham, real estate bubble, GTA, oshawa, whitby, ajax, clarington

  Here are the leading headlines about our Real Estate market: “With average prices up another 14% Swiss bank UBS warns of housing bubble..” “Toronto has the second riskiest housing bubble in the world.” “Canada leads in most unsustainable housing bubble.” When I read headlines like the above one’s I smile knowing that much of what we see in media ...Read More

The dynamics of relationships in real estate

By: Lindsay Smith

The dynamics of relationships in real estate

Tags:

real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale, relationships, giving back, buy local

I will take Relationships for $1,000 I started my career as a Real Estate Broker in 1986. I remember a lesson I learned within a few months of working. This life lesson helped to shape my business and is a way of working I have never deviated from. It was the difference between “transactional” and “relationships” when working with people. Let’s dig into what both way...Read More

First-time home buyers: Out-of-the-box ideas to get your foot in the door

By: Lindsay Smith

First-time home buyers: Out-of-the-box ideas to get your foot in the door

Tags:

real estate, buy sell love durham, oshawa real estate, durham region, market trends, buyer's market, seller's market, homes for sale near me, keller williams, real estate agent, agent experience

I had an interesting conversation with a woman this week. She expressed concern about her 26-year old son. She wondered with Real Estate prices rising, would he ever be able to buy a home for himself? This is a concern shared by many parents. Ten years ago, the average home in Durham Region was $317,000 and currently has risen to $968,138. That is an increase of $651,000! A young, first-tim...Read More

Considering a Real Estate Purchase? It's time to get your foot in the door.

By: Lindsay Smith

Considering a Real Estate Purchase? It's time to get your foot in the door.

Tags: real estate, buyselllovedurham, oshawa real estate, durham region, market trends, sellers market, buyers market, whitby, clarington

This is an age-old expression. It seems to fit into today’s Real Estate market. Let me explain how. A quick online search will show that we are going through a time where homes are becoming more and more expensive with first-time buyers are being shut out of the market. However, is that really the truth? If you look on www.realtor.ca or Pinterest you will see large homes, homes that are stag...Read More

Mortgage Rates Rising? 4 Ways to Win with the Banks.

By: Lindsay Smith

Mortgage Rates Rising? 4 Ways to Win with the Banks.

Tags:

real estate, buyselllovedurham, oshawa real estate, durham region, market trends, mortgage rates, mortgage tips, sellers market, buyers market, whitby, clarington, house closing

When it comes to mortgage rates in Canada there are a few factors currently at play that might be seen as concerning. The bond rates are edging upward. Why is that important? Typically, in Canada, when the bond rates start to increase, the mortgage rates follow them and shift upwards. The forecasted average for Canada’s 5-year is 1.25% by the end of 2021. For context, at the end of 2020, it ...Read More

Could your vote in this election help end the housing crisis?

By: Lindsay Smith

Could your vote in this election help end the housing crisis?

Tags:

real estate, buyselllovedurham, oshawa real estate, durham region, market trends, COVID-19, federal election, summer real estate, sellers market, buyers market, whitby, clarington, house closing, housing crisis

It is less than 2 weeks out from our Federal Election and one of the issues facing Canadians is Real Estate. I took a dive into all three parties and looked at what they are promising to fix the problems. Once you strip out the promises that are more about attracting votes and less about creating change, we will find that much of what is being talked about is more flaky pastry than filling. Here ...Read More

Don’t go back to the city! There are too many reasons to stay in Oshawa.

By: Lindsay Smith

Don’t go back to the city! There are too many reasons to stay in Oshawa.

Tags:

real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale, whitby, oshawa, clarington

Having helped Buyers and Sellers for over 35 years in Durham Region, I have seen trends that repeat themselves, over and over. One trend our area has seen is an influx of Buyers that move to Durham from the west, specifically, from Toronto. I think we all know why Buyers are settling in Oshawa, Whitby and Clarington, however, indulge me for a minute to share what I have learned from my experienced...Read More

Emotions run high. Is the blood pressure of buyers and sellers rising faster than home prices?

By: Lindsay Smith

Emotions run high. Is the blood pressure of buyers and sellers rising faster than home prices?

Tags:

real estate, buyselllovedurham, oshawa real estate, durham region, market trends, COVID-19, sellers market, buyers market, whitby, clarington, oshawa

Over the past 3 decades I have seen the buying or selling process turn people to the dark side, saying some very uncomplimentary things about Agents, Buyers and Sellers (depending on which side of the transaction they are on.) Grumpy-pants, ticked off, evil-eye stares, eyes rolling or heads shaking, no matter a Buyer's or Seller's market, people find reasons to be ticked off. Not at what t...Read More

Hostility in Real Estate: Is there a Bully in the room?

By: Lindsay Smith

Hostility in Real Estate: Is there a Bully in the room?

Tags:

real estate, buyselllovedurham, oshawa real estate, durham region, market trends, COVID-19, bully offer, sellers market, buyers market, whitby, clarington

When is a bully offer worth considering? What is a bully offer? The first time I heard of a bully, or a softer-sounding name “pre-emptive” offer was in 2015. This was the run-up to a really active Real Estate market that cooled in 2017. This was when Realtors began to put properties on the market and accept offers at a certain date and time. An example would be when a home hits the ma...Read More

Want to Invest in Real Estate? I've got a story about a White Cadillac

By: Lindsay Smith

Want to Invest in Real Estate? I've got a story about a White Cadillac

Tags:

real estate, buyselllovedurham, oshawa real estate, durham region, market trends, spring real estate, summer real estate, sellers market, buyers market, whitby, clarington

I remember buying a coffee for a very successful Real Estate broker when I first started my career. I learned one of the greatest lessons in investing from that coffee meeting. It was around 1989 and the market was heated with multiple bids and for the first time, people “flipping homes.” (flipping, meaning buying a property with the sole purpose of quickly reselling it for profit.) T...Read More