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Just a quick note to say hello and give you a brief update
on the current Spring Market for 2018. 

Since we moved the clocks ahead for daylight savings, the days are beginning to lengthen, one can't help but think about the coming of warmer weather, and all the changes it will bring. 

One of the more certain aspects of Spring Market is an increase in Real Estate activity and dealing with the new Ontario's Fair Housing Plan in April and FSCO'S B20 Stress Test for mortgage approvals. Whether we agree or disagree with these changes, we have to deal with the effects their having on our home buying and selling decisions. Rising mortgage  rates are adding to the effect of these changes as well.   

In both my real estate and mortgage business I am seeing the stress that buyers and sellers are feeling and the questions they have. Buyers are asking should they put  their purchase on hold and wait for home prices to drop vs Sellers asking what is the value of our home in today's market? Will my home Sell? When is the right time to Sell?  We have the answers! 

During my past 24 years in Real Estate, we have experienced many different markets and in my opinion the 2018 Spring Market has it's challenges, but if we remain calm and analyze the market. The positives are that we are in a more stable market - fewer multiple offers - conditional offers being accepted to purchase homes and more stable market values.  Future interest rate increases I believe are key to making a sound decision to whether you buy or sell. 
 
If you are thinking about Selling your current home and Buying a new home or Investment property, call us today for a
 
We have 24 yrs of Experience and are ready to go to work for you!     
Call Jim Stanton and Associates Today! 
 
call 905-434-2022 or text 905-409-9967



#DurhamRealEstate ,#OshawaRealEstate ,#JimStantonRealtor, #JSA , #JimStantonandAssociates #1stTiimeBuyers  #IncomeProperty #Investors #BenStantonRealtor ,#JimStantonRealtor.com , #BunalowDen

#WhitbySaleStats  #WhitbyRealEstate #WhitbyRealEstateStats  #MyFallingbrook  #WhitbyLuxuryHomes , #WhitbyRealEstate , #HomeValues #WhitbyHomeValues , #OshawaHomeValues , #AjaxHomeValues, #StressTest

#B20StressTest #AffordableHousingPlan



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May you have the luck of the Irish this St.Paddy's day!! 

For each petal on the shamrock 
This brings a wish your way - 
Good health, good luck and happiness 
For today and every day.
 
 


The Spring Real Estate Market is Here! 


Thinking about Making a Move?  

Do you know the Value of Your Home? 

Give Jim a Call & Get SOLD


Knowing the value of your property in today's uncertain market can help you make
important financial decisions for you and your family.

 

Free Seller Consultation    Free Market Evaluation 

 

#StPatricksDay #YourHomeValue #Whatismyhomeworth #HouseValues #DurhamRegionHomeValues #DurhamHomeValues

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The Spring Real Estate Market is begining to Heat Up! 


Thinking about making a Move? 

call Jim Today 

and 

GET SOLD! 

click here for a free market evaluation 




 

#DurhamRealEstate , #DaylightSavings

#OshawaRealEstate , #JimStantonRealtor, #JSA , #JimStantonandAssociates #WhitbyHomeValues #AjaxHomeValues #OshawaHomeValues #BungalowHomeValues



 

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I have sold a property at 116 Harbourside DR in Whitby
I have sold a property at 116 Harbourside DR in Whitby.
Lakeside Living! Minutes To Hwys 401 & 412, Go Train And Shopping. Waterfront Trail At Doorstep. This 3 Bed 3 Bath Town Home Features Eat-In Kitchen, Stainless Steel Appliances & Walkout To Balcony, Sun Filled Family Room W/2nd Balcony, Master Retreat W/4Pc Ensuite And His & Hers Closets. Lower Level Includes Access To Garage. Must See Home! , Drop By Open House Saturday & Sunday !***For Details / Virtual Tour / More Pics Click Onto Realtor Website Link****
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February 2018 Monthly Stats 
March 7, 2018 @ 11:38 AM
Posted by: DRAR

DURHAM REGION, March 6, 2018 – Durham Region Association of REALTORS® (DRAR) President Dennis Roberts reported 604 residential transactions in February 2018, a 28.5 per cent increase over the previous month, and a 27 per cent decrease compared to February 2017. February also saw a 26 per cent increase in the number of new listings in Durham 1,202, compared to the 954 reported in January 2018. 

 

The average selling price in Durham Region reached $591,404 in February 2018. In the previous month the average selling price was $578,645. “There continues to be strong pricing with 98 per cent Sale to List Price (SL/PL) and a slight increase to the Sales to New Listing Ratio (SNLR) of 50.2 per cent in comparison to 49.3 per cent in January 2018,” said Roberts. “This indicates that Durham Region continues to experience a strong, balanced market.”
 
Durham Region leads the GTA with the most affordable townhouses according to the February 2018 year-over-year per cent change in the MLS® Home Price Index. “Amid the new mortgage ‘stress test’, home buyers may be looking at different home options and positively, Durham Region’s affordable townhomes and semi detached homes are serving that demand.”stated Roberts.
 
The province’s proposal to implement a mandatory Home Energy Rating and Disclosure (HER&D) program would have required the home seller to conduct an energy audit before listing their home. The program would have also made it mandatory for REALTORS® to post the energy score on the MLS® listing. “Because of the efforts by Ontario REALTORS® the province has decided not to proceed with this program,” said Roberts. “This is a win for home sellers in Ontario.”
 
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CLICK IMAGE FOR VIDEO 

 

GTA REALTORS® Release February Stats

TORONTO, ONTARIO, March 6, 2018 – Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 5,175 residential transactions through TREB’s MLS® System in February 2018. This result was down 34.9 percent compared to the record 7,955 sales reported in February 2017.

The number of new listings entered into TREB’s MLS® System totaled 10,520, a 7.3 per cent increase compared to the 9,801 new listings entered in February 2017. However, the level of new listings remained below the average for the month of February for the previous 10 years.

“When TREB released its Outlook for 2018, the forecast anticipated a slow start to the year compared to the historically high sales count reported in the winter and early spring of 2017. Prospective home buyers are still coming to terms with the psychological impact of the Fair Housing Plan, and some have also had to reevaluate their plans due to the new OFSI-mandated mortgage stress test guidelines and generally higher borrowing costs,” said Mr. Syrianos.

The MLS® Home Price Index Composite Benchmark was up by 3.2 per cent on a year-over-year basis for the TREB market area as a whole. This growth was driven by the apartment and townhouse market segments, with annual benchmark price increases of 18.8 per cent and 7.5 per cent respectively. Single-family detached and attached benchmark prices were down slightly compared to February 2017. The overall average selling price for February sales was down 12.4% year-over-year to $767,818. However, putting aside the price spike reported in the first quarter of 2017, it is important to note that February’s average price remained 12 per cent higher than the average reported for February 2016, which represents an annualized increase well above the rate of inflation for the past two years.

“As we move further into the spring and summer months, growth in sales and selling prices is expected to pick up relative to last year. Expect stronger price growth to continue in the comparatively more affordable townhouse and condominium apartment segments. This being said, listings supply will likely remain below average in many neighbourhoods in the GTA, which, over the long-term, could further hamper affordability,” said Jason Mercer, TREB’s Director of Market Analysis. 


#DurhamRealEstate #DurhamRealEstateAgent #JimStantonRealtor #JimStantonandAssociates #HomeSaleStats

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I have listed a new property at 116 Harbourside DR in Whitby.
Lakeside Living! Minutes To Hwys 401 & 412, Go Train And Shopping. Waterfront Trail At Doorstep. This 3 Bed 3 Bath Town Home Features Eat-In Kitchen, Stainless Steel Appliances & Walkout To Balcony, Sun Filled Family Room W/2nd Balcony, Master Retreat W/4Pc Ensuite And His & Hers Closets. Lower Level Includes Access To Garage. Must See Home! , Drop By Open House Saturday & Sunday !***For Details / Virtual Tour / More Pics Click Onto Realtor Website Link****
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Please visit our Open House at 116 Harbourside DR in Whitby.
OPEN HOUSE: 1pm to 4pm Sat. - Sun.
Lakeside Living! Minutes To Hwys 401 & 412, Go Train And Shopping. Waterfront Trail At Doorstep. This 3 Bed 3 Bath Town Home Features Eat-In Kitchen, Stainless Steel Appliances & Walkout To Balcony, Sun Filled Family Room W/2nd Balcony, Master Retreat W/4Pc Ensuite And His & Hers Closets. Lower Level Includes Access To Garage. Must See Home! , Drop By Open House Saturday & Sunday !***For Details / Virtual Tour / More Pics Click Onto Realtor Website Link****
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SOLD OVER LIST PRICE 


Welcome to 116 Harbourside Drive Whitby

 

 

Lakeside Living! Waterfront Trail At Doorstep

Minutes To Hwys 401 & 412, Go Train And Shopping.

. This beatiufl  3 Bed 3 Bath Town Home Features Eat-In Kitchen,

Stainless Steel Appliances & Walkout To Balcony,

Sun Filled Family Room W/2nd Balcony,

Master Retreat W/4Pc Ensuite And His & Hers Closets.

Lower Level Includes Access To Garage. 

A Must See Home!

Drop By Open House Saturday & Sunday

or 

Call today to arrange a viewing of this Great Home! 

905-434-2022


view video tour 



#WhitbyRealEstate, #LakesideLiving #PortofWhitby #BenStanton,, #BenStantonRealtor, #JimStantonRealtor #JimStantonandAssociates

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