Changes to Oshawa Real Estate

How the Government changes to Mortgages and lines of credit affect buying or selling a home in Oshawa, Whitby Courtice and Bowmanville

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Oshawa Real Estate Update

Oshawa Real Estate Update

Posted in Absorption Rates - Bowmanville, Absorption Rates - Oshawa, Absorption Rates - Whitby, Bowmville Real Estate, Clarington, company news, Courtice Real Estate, distressed, Homes for Sale, Homes for Sale in Oshawa, Lindsay Smith, Lindsay Smith Oshawa Real estate, listing, maps, market update, oshawa, Oshawa Real Estate, Remax Jazz Inc., Remax Oshawa, Uncategorized, Whitby Real Estate | Tagged , , , , , , , , , , , | Comments closed

2011 Spring Real Estate Forecast

2011 Real estate forecast for Oshawa, Whitby, Courtice and Bowmanville

When is the best time to sell?

Why is January a better time to list than later in the spring?

1st Offer on our listings for 2011 – January 3rd!                                   How did we find the Buyer?  Call for Free Recorded Information 905-725-7289 Ext 5400

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2011 Real Estate Forecast Oshawa

Average Prices

Activity

(Comparison of Sales & Listings January – Dec 2009/January – November 2010)

2010

Sales

Listings

Whitby $317,600

Same

+11.7%

Oshawa $231,000

+7%

+17%

Bowmanville $260,700

-11%

-9.4%

 

Lindsay Smith Realtor in Oshawa, Whitby, Bowmanville and Courtice. 

Courtice Homes, Bowmanville Homes, Oshawa Homes, Whitby Homes

Posted in Absorption Rates - Bowmanville, Absorption Rates - Oshawa, Absorption Rates - Whitby, Bowmville Real Estate, Clarington, community, Courtice, Courtice Real Estate, distressed, Homes for Sale, Homes for Sale in Oshawa, Lindsay Smith, Lindsay Smith Oshawa Real estate, listing, luxury, maps, market update, oshawa, Oshawa Real Estate, Remax Jazz Inc., Remax Oshawa, schools, Uncategorized, Whitby Real Estate | Tagged , , , , , , , , , , , , , | Comments closed

Friday Morning Coffee – Selling your Oshawa Home? Why your chances increase in December.

Selling your Oshawa Home? Why your chances increase in December

  • Most December and early January buyers are particularly serious and very likely facing some sort of deadline.
  • January is the biggest transfer month of the year and job transferee’s use the holidays to house hunt.
  • Most sellers wait until spring or summer to list their home.  This means that during the winter months your property will have far less competition versus any other time of the year.
  • Homes show well when decorated for the holidays creating a sense of family and people are much more emotionally drawn to the house, emotion sells.
  • Many people take vacation around the holidays allowing more time to look for a home.
  • Remodelling, decorating, appliance installation and other services are more available and at less of a premium.
  • Lenders aren’t as busy and can process mortgage loans faster.
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Friday Morning Coffee – Why Buyers Choose “The Lindsay Smith Team”

Listen to what one very happy buyer has to say!Click Here

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Friday Morning Coffee – October report – How are Homes Selling in Oshawa, Whitby, Courtice & Bowmanville

What is happening specifically in your area and price range?

Click here see October’s Absorption Chart in full

Posted in Absorption Rates - Whitby, Bowmville Real Estate, community, Courtice Real Estate, distressed, listing, market update, Oshawa Real Estate, Uncategorized, Whitby Real Estate | Tagged , , , , , , , , | Comments closed

Friday Morning Coffee – How to Buy a Home in Oshawa, Whitby or Clarington

Techniques for interviewing agents

The Difference Between a Functionary and Fiduciary Agent

FUNCTIONARY

FIDUCIARY

1.        Low Level

1.        High Level

2.        Low Relationship

2.        High Relationship

3.        Assumes Little Responsibility

3.        Accepts High Responsibility

4.        Uses Low Skill

4.        Masters High Skill

5.        Records Information

5.        Perceives Information

6.        Responds to Needs

6.        Anticipates Needs

7.        Processes Data

7.        Interprets Data

8.        Narrow Picture Viewpoint

8.        Big picture Viewpoint

9.        Delivers Information

9.        Advises and Consults

10.     Other-Directed

10.     Self-Directed

11.     Minimum Legal Responsibility

11.     Maximum Legal Responsibility

12.     Employee

12.     Partner

13.     Does the Task

13.     Owns the Task

14.     Tells and Sells

14.     Educates and Guides

15.     Stays out of Decision Making

15.     Involved in Decision Making

16.     Follows Rules and Procedures

16.     Uses Judgment and Intuition

17.     Replaceable

17.     Irreplaceable

18.     Minimally Paid

18.     Highly Paid

Posted in Absorption Rates - Bowmanville, Absorption Rates - Oshawa, Absorption Rates - Whitby, Bowmville Real Estate, Clarington, community, company news, Courtice, Courtice Real Estate, distressed, finance, listing, luxury, maps, market update, oshawa, Oshawa Real Estate, schools, Uncategorized, Whitby Real Estate | Tagged , , , , , , , , | Comments closed

Whitby/Bowmanville/ Oshawa Real estate – Absorption Rate – October 2010

What is and Absorption Chart?

The easiest way to describe this chart is to do so by way of asking a few questions: I think my home is worth in then $275,000 – $300,000 range. How many homes in this range have sold over the past month? How many are available for sale? What is the length of time that they are taking to sell?

Absorption Rates for Whitby

Price Range

October Sales

Active Listings

Months of Supply

150,000 – 175,000

0 0 N/A
175,000 – 200,000 0 1 N/A
200,000 – 225,000 1 3 3 months
225,000 – 250,000 10 30 3 months
250,000 – 275,000 26 57 2.2 months
275,000 – 300,000 12 42 3.5 months
300,000 – 325,000 13 41 3.2 months
325,000 – 350,000 16 41 2.6 months
350,000 – 375,000 10 26 2.6 months
375,000 – 400,000 13 31 2.4 months
400,000 – 425,000 5 17 3.4 months
425,000 – 450,000 5 19 3.8 months
450,000 – 500,000 5 23

4.6 months

Absorption Rates for Oshawa

Price Range October Sales Active Listings Months of Supply
150,000 – 175,000 15 53 3.5 months
175,000 – 200,000 32 90 2.8 months
200,000 – 225,000 20 75 3.8 months
225,000 – 250,000 19 98 5.2 months
250,000 – 275,000 27 84 3.1 months
275,000 – 300,000 11 64 5.8 months
300,000 – 325,000 10 39 3.9 months
325,000 – 350,000 6 40 6.6 months
350,000 – 375,000 7 53 7.6 months
375,000 – 400,000 3 22 7.3 months
400,000 – 450,000 5 24 4.8 months
450,000 – 500,000 0 34 N/A
         

Absorption Rates for Bowmanville/Courtice

Price Range October Sales Active Listings Months of Supply
150,000 – 175,000 0 4 N/A
175,000 – 200,000 6 16 2.6 months
200,000 – 225,000 14 35 2.5 months
225,000 – 250,000 25 51 2 months
250,000 – 275,000 13 79 6.1 months
275,000 – 300,000 16 45 2.8 months
300,000 – 325,000 8 22 2.8 months
325,000 – 350,000 4 22 5.5 months
350,000 – 375,000 1 14 14 months
375,000 – 400,000 3 11 3.6 months
400,000 – 500,000 3 16 5.3 months

Absorption Rates for

Whitby/Oshawa/Bowmanville

Price Range OctoberSales Active Listings Months of Supply
150,000 – 175,000 15 57 3.8 months
175,000 – 200,000 39 107 2.7 months
200,000 – 225,000 35 113 3.2 months
225,000 – 250,000 54 179 3.3 months
250,000 – 275,000 66 175 2.7 months
275,000 – 300,000 39 150 3.8 months
300,000 – 325,000 31 102 3.3 months
325,000 – 350,000 26 103 4 months
350,000 – 375,000 18 71 4 months
375,000 – 400,000 19 64 3.4 months
400,000 – 500,000 20 103 5.2 months
       

 

 Would you like to receive weekly updates of Lindsay’s Top Ten Oshawa, Whitby, Courtice, Bowmanville real estate listings?   Click Here  or  For Distressed/Power of Sale weekly update Click Here

 

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Friday Morning Coffee – Oshawa 2010 Municipal – The Vote is in

What  can you do to help to lower your property taxes? 

Please email the below elected officials your desire to have property taxes lowered. 

John Henry – john@votejohnhenry.ca
John Aker – voteaker2010@gmail.com
Bob Chapman – bob@bobchapman.ca
Nancy Diamond – nancy@electnancydiamond.com
Amy England – vote@amyengland.ca
Tito-Dante Marimpietri – titodantemarimpietri@gmail.com
John Neal – johnhneal@hotmail.com
Nester Pidwerbecki – nesterpid@rogers.com
Roger Bowman – oshawa2010@rogerbouma.ca
Mike Nicholson – mikenicholson@rogers.com
Bruce Wood – woodbr@sympatico.ca 

Posted in Absorption Rates - Bowmanville, Absorption Rates - Oshawa, Absorption Rates - Whitby, Bowmville Real Estate, community, Courtice, Courtice Real Estate, distressed, listing, market update, Oshawa Real Estate, Uncategorized, Whitby Real Estate | Tagged , , , , , , , , , | Comments closed
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