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Durham REALTORS® Report November Statistics

Friday Dec 07th, 2018

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DURHAM REGION, December 7, 2018 – Durham Region Association of REALTORS® (DRAR) President Tina Sorichetti reported a continuation of modest price growth in November 2018 compared to November 2017. The average selling price was up 2.7 per cent year-over-year to $590,403 in Durham.   Durham REALTORS® reported 730 residential transactions in November 2018. The number of residential sales was down 16.9 percent compared to November 2017 and down 8.5 per cent from the same... [read more]

Setting Your List Price Requires Calculation and Savvy

Friday Nov 30th, 2018

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When you're having a garage sale, one of the toughest tasks is pricing your items. If you put a price tag on your old golf clubs that’s too high, no one will buy them. If you make the price too low, they might sell quickly, but you’ll spend the rest of the day wondering if you could have gotten more! It's similar to selling your home — except with your home, the stakes are much higher. You want to price your property to sell, but you don’t want to leave any... [read more]

Balancing the Emotional and Practical Sides of Buying a Home

Tuesday Nov 20th, 2018

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Imagine this scenario... You're shopping for a new home. You drive to visit a recent listing. As you walk through the front doors, you're impressed. Every room looks fantastic. You see yourself relaxing on the spacious patio, cooking in the modern kitchen, and enjoying evenings with the family in the cozy living room. Your emotions are on overdrive. This is your dream home! Should you make an offer? Probably. In fact, you should make that decision quickly in case there are other... [read more]

Canadian Home Sales Activity Eases In October

Thursday Nov 15th, 2018

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November 15, 2018 @ 9:07 AM Posted by: DRAR Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between September and October 2018.   Highlights: National home sales fell 1.6% from September to October. Actual (not seasonally adjusted) activity was down by 3.7% from one year ago. The number of newly listed homes eased 1.1% from September to October. The MLS® Home Price Index (HPI) was up 2.3%... [read more]

MPAC - How Residential Property Values Are Assessed

Tuesday Nov 13th, 2018

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Residential Properties   Residential properties include those in small and large urban areas, as well as rural and waterfront locations. Together, MPAC values 4.6 million residential properties across Ontario. In 2016, MPAC updated the assessed values of every property in Ontario. Our assessors are trained experts in the field of valuation and apply appraisal industry standards and best practices. How your property is assessed We look at sales... [read more]

UPTICK IN DETACHED SALES AND PRICES SIGNAL END TO HOUSING MARKET CORRECTION IN THE GTA

Tuesday Oct 02nd, 2018

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It’s not just homebuyers and sellers who have been concerned about the housing market correction in the GTA. It’s also impacted the real estate industry – but agents and brokers can breathe a sign of relief. According to the RE/MAX Back On Track Report, the worst is behind us. Buoyed by a strong summer market, demand for detached homes in the Greater Toronto Area (GTA) is finally on the upswing, as active listings fall and average prices start to rebound,... [read more]

Is Your Mortgage Up For Renewal??

Thursday Jul 05th, 2018

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    Start early and do your homework when renewing your mortgage: experts   OTTAWA -- A surge in mortgage renewals, rising interest rates and new stress testing rules will are conspiring to make refinancing your mortgage more complicated and more expensive.   Mortgage broker Kelly Wilson, co-owner of the Wilson Team mortgage brokerage in Ottawa, says a majority of Canadians renew with their same lender, but it's still important to check out your... [read more]

The Dianna Mandzuk Team is #65 out of the TOP 100 RE/MAX TEAMS IN CANADA!!

Thursday Apr 26th, 2018

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Keep in mind we are not a huge team with 10+ Sales Representatives!  We are a warm and friendly team of 3 incredible Sales Representatives working hard for our Buyers and Sellers!  And the experienced results have spoken!!   Working in a suburb outside of Toronto our listing prices do not compare with the higher prices of the other  top teams located in larger cities such as; Toronto, Montreal, Vancouver.  This committed and dedicated team is competing... [read more]

A day at Hearth Place Cancer Support Centre

Friday Jan 26th, 2018

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This past week, The Dianna Mandzuk Team had the honour of touring Hearth Place Cancer Support Centre at 86 Colborne Street West, Oshawa.  We were kindly lead through the property by Andrea Shaw, the Executive Director and Debbie Dawson, Fundraising and Community Engagement Coordinator.  WEEMAX Children's Charities* has been supporting and donating towards the Children's Family support room of the Hearth Place's new addition in 2018.  This addition will provide the... [read more]

6TH ANNUAL JEANS & JEWELS

Tuesday Jan 16th, 2018

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Please join ProAction Cops & Kids’ Durham Chapter and Two For the Show on Saturday February 10th for our Jeans & Jewels event. We will be celebrating 11 years of supporting police-led ProAction funded programs in Durham Region that continue to have a positive impact on the communities they serve. Since inception of our Durham Region Chapter, ProAction has engaged over 13,000 young people in more than 145 police-led programs with demand only increasing. Proceeds from this event... [read more]

How Much Is Too Much To Spend On A Home?

Wednesday Jan 03rd, 2018

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Knowing how much you can (and should) spend on a home can be tricky. Most first-time home buyers may find themselves in a place where they’re not even sure where to start. Luckily, you're not alone. Read on for a home budgeting guide that shows you what you need to know before getting into the market. Whether you’re ready to make a move right away or you’d rather save up for a while, by following these steps, you’ll be buying with confidence. ... [read more]

Foreclosure v.s. Power of Sale

Tuesday Dec 27th, 2016

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In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]

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