Helping Agents become better Realtors in Durham Region

By: Lindsay Smith

Helping Agents become better Realtors in Durham Region

Tags:

real estate, buyselllovedurham, oshawa real estate, durham region, market trends, real estate pricing, neighbourhood, whitby real estate, house near me for sale, clarington real estate, treb, mls, agent experience, trusted advisor, how to

  I had a newer agent reach out to me, exasperated about how the market has shifted over the past few months. After a few minutes, I realized that they were unsure of how to manage the sale of a property they had on the market. For context, here is the reality of our professional Real Estate community – the agent count on our board of Realtors has jumped from 33,000 in 2012 to over 65,...Read More

Bubbles are things kids get excited about

By: Lindsay Smith

Bubbles are things kids get excited about

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, trust, experience, local, real estate bubble

I read a headline this week that I saw covered repeatedly online and on radio. (I do not own a TV however I am certain it was front and centre there as well.) It was penned by Manulife Financial; “Nearly 1 in 4 homeowners would have to sell their home if interest rates rise more.” The sky is falling, the market is collapsing, and we will see banks kicking homeowners out on the streets...Read More

Getting accurate real estate information: Musings from a cocktail bar in Yorkville

By: Lindsay Smith

Getting accurate real estate information: Musings from a cocktail bar in Yorkville

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

Where do you go for accurate information on local Real Estate? When I say local, I mean Durham Region. It is challenging to wade through the dozens of articles that lead with shocking headlines, only to be followed up with questionable journalism. Here is an example: Reuters – “Suburbs vs. Downtown. Toronto’s mixed housing market may signal a coming trend.” This article, ...Read More

Is it Time to Buy a Home or Sell a Home in Durham Region?

By: Lindsay Smith

Is it Time to Buy a Home or Sell a Home in Durham Region?

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, trust, trusted agent, market analysis, oshawa, whitby, clarington

We have all been sensing a shift in the Real Estate market for the past month and rather than sound the alarm bells, let's get past the “click-bait” headlines and look at what direction the market is truly heading. The alarming news – Overall, the supply of active homes for sale in Oshawa, Whitby and Clarington is up 28% from this time last year. Shockingly, over the past 8 ...Read More

When Experience Matters in Real Estate

By: Lindsay Smith

When Experience Matters in Real Estate

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

Let’s get honest for a few minutes. Our market is shifting, and we don’t know how long the shift will hang around. It might be a few months like we saw in 2017 or a 13-year drought after the housing market went sideways in 1991. However, there is some data that can shed light on understanding the market if you are planning on buying a home or selling one in this market. A good quote a...Read More

Buying Netflix Stock in today's market

By: Lindsay Smith

Buying Netflix Stock in today's market

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, stocks, crystal ball, market analysis, market expert

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 down since peaking in February, not as much as Netflix, and if you are a Buyer, you would be crazy to think of paying ...Read More

The Durham Real Estate Market is Tanking

By: Lindsay Smith

The Durham Real Estate Market is Tanking

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, market analysis

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 had listed for $1.7M with the comparable properties indicating the value range to be in the $2M range. We...Read More

Average Home Prices in Oshawa, Whitby and Clarington

By: Lindsay Smith

Average Home Prices in Oshawa, Whitby and Clarington

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

  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 had about 250,000 residents. We currently have over 400,000. The average price for h...Read More

Real Estate Market Confusion. Bear Market? Bull Market? Beer Market? Buy? Sell? What should you do??

By: Lindsay Smith

Real Estate Market Confusion. Bear Market? Bull Market? Beer Market? Buy? Sell? What should you do??

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

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 basis) that I have a crystal ball, however, it is rarel...Read More

Changing Interest Rates: An opportunity for Real Estate in Durham Region

By: Lindsay Smith

Changing Interest Rates: An opportunity for Real Estate in Durham Region

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, advisor, trust

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 is that rising rates may have positive and unintended side effects. Looking at the price of se...Read More