By: Teresa Eaton

The May 1 Real Estate Market in Durham: A Low Tide Does Not Sink All Boats

Tags: Current Market Conditions amidst CoVid19 Durham May 1

I find it interesting to watch the stories about real estate in the news (reputable news sources, that is).  I have noticed in my years working in this industry that sometimes a real estate related news story might capture a macro level ‘snapshot’ of what is happening in general that isn’t necessarily reflective of what is going on at the micro community level...Read More

By: Teresa Eaton

Social Distancing to #FlattenTheCurve Does Not Appear to be Flattening Real Estate Sale Prices in Durham to Date.

Tags: 2020, home sales, covid19

Sitting down as a family again for dinner with our teenagers in one place at the same time: working on the moving parts of my business: finishing the good book I started: organizing a nightmare closet that has been calling my name for 6 months. These have been some of the ‘silver linings’ in my own life since the CoVid19 virus has had us social distancing so as not to overload our heal...Read More

By: Teresa Eaton

When do homes in Durham sell for the most money?

Tags: When do homes in Durham sell for the most money?

When do homes in Durham in the current market sell for the most amount of money?  The answer?  As soon after going live to market as possible and/or when buyers are competing to get it.  This is true in any market.  A unique and competitive pricing strategy helped my clients sell their property successfully on Henderson Drive in Whitby against many other homes listed for sale ...Read More

By: Teresa Eaton

Hitting ‘The Sweet Spot’ in a Seller’s Market

Tags: Hitting ‘The Sweet Spot’ in a Seller’s Market

My passions in life these days are my family, real estate, and tennis.  That order can vary on any given day. When you hit a tennis ball with a tennis racquet, there is a special area on the racquet (like a baseball or cricket bat) at which point the force that is transferred to the hand is so minimal that striking the ball feels almost effortless.  In real estate, as in tenni...Read More

By: Teresa Eaton

Hold onto your Hats in 2017!

Tags: Hold onto your Hats in 2017!

Well if there has been any hallmark to this year in real estate so far in the last two months it has been exorbitant sale prices in Durham Region.  Why, you ask?  Right now we do not have enough homes for sale for the amount of buyers that need and want property. Enter more and more Toronto buyers to the mix (that are realizing how far their dollars can go in Durham), and we h...Read More

By: Teresa Eaton

Using the Listing Realtor to Buy Your Next Home? You Might Want to Rethink That Plan

Tags: Using the Listing Realtor to Buy Your Next Home? You Might Want to Rethink That Plan

As I meet customers and clients in this business, I encounter various misconceptions that I continue to be surprised persist. That is, I am surprised when a potential consumer of real estate is not aware of some of the pitfalls of their own actions.  While the public consumer on the whole has become savvier in the wake of many HGTV real estate and design shows, misinformation can still abound...Read More

By: Teresa Eaton

Tips and Tricks for Buying in a Seller’s Market in 2015

Tags: Tips and Tricks for Buying in a Seller’s Market in 2015

What do Realtors do at the beginning of every calendar year?  We regroup for the upcoming year, set goals, etc.  I had multiple conversations at the beginning of 2015 with my clients about their goals for 2015, etc.  We also reflect.  At our first listing meeting in January of 2015, we had an opportunity to look back and reflect on market behavior in 2014 in Durh...Read More

By: Teresa Eaton

Condominiums… What Do I Need to Know About Buying One?

Tags: Condominiums… What Do I Need to Know About Buying One?

I have two people in my life that are looking at potentially buying a condominium soon.  Both are at very different stages of their lives.  One couple lives in Pringle Creek in Whitby and has both children and grandchildren living in Brooklin.  While their objective is to get the most equity out of their home and downsize, their venture into the condo market will more than likely no...Read More

By: Teresa Eaton

Overpriced Homes Can Sit and Get Market Stale Even in THIS Seller’s Market

Tags: Overpriced Homes Can Sit and Get Market Stale Even in THIS Seller’s Market

Recently, I took my Buyer clients to see a home in Brooklin that had been originally listed for $27 400 more than they eventually purchased it for.  It was reduced several times over a period of 6 weeks, (first by 10k, then by 20k), and it was at the point when it was listed 20k lower than the original list price that I scheduled a showing for my clients to see it.  I had sold their home...Read More

By: Teresa Eaton

Discard a Home Inspection in a Seller’s Market amidst Multiple Offers? Not recommended

Tags: Discard a Home Inspection in a Seller’s Market amidst Multiple Offers? Not recommended

If you are in the market for buying or selling real estate right now, then you know that we are fully entrenched in a spring seller’s market whereby there are generally too many buyers for the low inventory of homes we are seeing for sale in Durham Region.  What is that doing to prices?  Driving final sale prices upwards by the simple laws of supply and demand.    &n...Read More

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