
3rd Quarter Real Estate Report for Whitby's Pringle Creek area
includes Pringle Creek neigbhourhood, Fallingbrook west of Anderson neighbourhood and the Willowbrook neighbourhood
click here For Toronto Real Estate Boards October's Market Watch video

3rd Quarter Real Estate Report for Whitby's Pringle Creek area
includes Pringle Creek neigbhourhood, Fallingbrook west of Anderson neighbourhood and the Willowbrook neighbourhood
click here For Toronto Real Estate Boards October's Market Watch video
Are the boom days coming to an end in Canadian Real Estate - Is that a good thing and how will that have an effect on Home sales in Whitby and Durham Region
In a recent article from MortgageBrokerNews.ca The Boom Days are over - is that a good thing?
The article made note that: Better-than-expected job numbers both here and in the U.S. should mean a hike in interest rates by the Federal Reserve, which means the long love affair with low interest is coming to an end, and a positive sign that a potential housing crisis isn’t looming. Read more here
We have seen our big banks are creeping rates higher: variable rates have gone from prime minus -.60 basis points to minus .30 basis points and 5yr rates from 2.69 fixed to 2.79% fixed
OSHAWA -- At Halenda’s Fine Foods, sausage making is treated as an art.
“There are ways to cut corners and I can speak for Halenda’s, we don’t take them,” said owner Richard Halenda. “I don’t buy spice on price, I buy where I’m guaranteed I’m getting the best.”
That’s partly why he believes for the third consecutive time, Halenda’s took home the top prize in the Ontario Finest Meat Competition with the highest overall score. click here for more
Many Canadians dream about the day they can retire and enjoy the so-called golden years. But for some time now, experts have been warning that dream is just that — a dream.
Many people in their late 40s and early 50s are still carrying massive debts and have little savings for the future. read more......
There are options to consider to keep that dream!
It pays off to pro active and be strategic in today's real estate market when thinking about down sizing and retirement!
There are options for you to explore. We have helped clients who are either just entered retirement or near retirement sell their home in the Durham Region and find them a home outside the GTA were homes are more affordable. There are many options such as Lindsay, Peterborough , Port Hope, Cobourg, Prince Edward County and smaller communities such as Ennismore, Bridgenorth, Lakefield Bobcageon, Fenlon Falls and more. All these areas are within 2 hrs of Durham and all are close to hospitals which is a concern for boomers. It all boils down to the lifestyle you desire. I recommend you be informed and do your due diligence. We have clients that have made the move to various areas, they are benefiting from the lower taxes, less traffic on the roads and new surroundings enjoying life. If you have any questions about the current market - Selling high and buying a more affordable home close to Durham, please feel free to call Jim.. As an access member to the Peterborough Real Estate Board we have all mls listing information to make available to you. Find the prefect Bungalow @ BungalowDen.com

Today we honour the service and sacrifice our veterans past and present
have made to keep us safe and enjoy the freedom we .take for granted every day!
We will never forget
Rememberance day Service today in Whtby The Annual Remembrance Day Parade forms up in front of the Branch 112 on Byron St. South at 10:20 a.m. The parade proceeds north on Byron St. to Dundas Street, east on Dundas past the four corners and arrives at the Cenotaph at approximately 10:40 a.m. more info

Dreaming of buying your first home ? You’re not alone: Canada’s real estate market remains strong, as increasing numbers of millennials prepare to make their first home purchase. The key for every aspiring homeowner is to be informed. - We have designed a home search taylored to First Time Buyers who are looking to buy their first home in Durham Region. See more about info about buying your first home at: homeownership.ca
The average price for resale homes in the Durham Region for the month of October was $444,920, up 13.2 per cent from $393,088 in October 2014. “Throughout 2015, prices have reached an all-time high,” commented O’Donohue. “When we add up the amount of money spent on all resale transactions over the year, we have seen almost 1 billion dollars more in sales compared to last year”.

DURHAM REGION, November 5, 2015 - Durham Region Association of REALTORS® (DRAR) President Sandra O’Donohue reported 989 residential transactions and 1,273 new listings in October 2015. “We are right on par with last October in terms of the number of sales and the number of new listings entering the market,” reported O’Donohue.
The average price for resale homes in the Durham Region for the month of October was $444,920, up 13.2 per cent from $393,088 in October 2014. “Throughout 2015, prices have reached an all-time high,” commented O’Donohue. “When we add up the amount of money spent on all resale transactions over the year, we have seen almost 1 billion dollars more in sales compared to last year”.
“It is clear that Durham households see home ownership as a great long-term investment,” commented O’Donohue. “Durham Region remains a great place to work and live”.
DURHAM REGION, November 5, 2015 - Durham Region Association of REALTORS® (DRAR) President Sandra O’Donohue reported 989 residential transactions and 1,273 new listings in October 2015. “We are right on par with last October in terms of the number of sales and the number of new listings entering the market,” reported O’Donohue.
The average price for resale homes in the Durham Region for the month of October was $444,920, up 13.2 per cent from $393,088 in October 2014. “Throughout 2015, prices have reached an all-time high,” commented O’Donohue. “When we add up the amount of money spent on all resale transactions over the year, we have seen almost 1 billion dollars more in sales compared to last year”.
“It is clear that Durham households see home ownership as a great long-term investment,” commented O’Donohue. “Durham Region remains a great place to work and live”.
Scotiabank raised mortgage rates
Effective Friday November 6th 2015, the following Fixed rates will be changed to:
|
Term |
Revised EVP Rate |
|
1 Year Fixed |
2.84% |
|
2 Year Fixed |
2.24% |
|
3 Year Fixed |
2.44% |
|
4 Year Fixed |
2.59% |
|
5 Year Fixed |
2.79% |
|
7 Year Fixed |
3.44% |
|
10 Year Fixed |
3.94% |
Drop by Whitby's Iriquois Park today and watch some of your favourite ex NHL players and local hockey players participating in the Eric Lindros Celebrity Hockey Challenge raising funds in support of Easter Seals