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Steady Housing Market in Durham Region
Durham Region Association of REALTORS® (DRAR) President Sandra O’Donohue reported 982 residential transactions and 1,488 new listings in September 2015. “The number of sales and new listings is almost exactly the same as September 2014,” commented O’Donohue. “However, through the first 3 quarters of the year, we have seen a 10 per cent increase in […]
Continue readingBustling Home Sales in Durham
DURHAM REGION, July 7, 2015 – Durham Region Association of REALTORS® (DRAR) President Sandra O’Donohue reported 1,468 residential transactions in June 2015. This represents an increase of 24.9 per cent compared to the same period last year. “Comparatively speaking, there was a significantly smaller increase in the number of listings that entered the market compared […]
Continue readingDetached Homes in Durham Average Half a Million Dollars
Durham Region Association of REALTORS® (DRAR) President Sandra O’Donohue reported 1,320 residential transactions in May 2015. This result represented a small decrease from 1,334 in May of last year. “There was also a similar decrease in the amount of listings on the market, so sales and listings have remained proportionate in comparison to last year” […]
Continue readingHousing Market Getting Hot
DURHAM REGION, May 6, 2015 – Durham Region Association of REALTORS® (DRAR) President Sandra O’Donohue reported 1,315 residential transactions in April 2015. This result represented an increase of 16.4 per cent from 1,130 in April of last year. “In addition to a greater number of sales, we are starting to see more homes listed,” reported […]
Continue readingGetting Your Head Around Your Next Purchase
I’ve had the privilege of meeting thousands of real estate investors over the years. It’s been great learning about people’s goals and plans. I really enjoy hearing about their successes on their latest project. But often I see a lot of people get into trouble. The focus on the big picture, but lose focus […]
Continue readingIncreased Average Home Prices in Durham Region
DURHAM REGION, April 7, 2015 – Durham Region Association of REALTORS® (DRAR) President Sandra O’Donohue reported 1,086 residential transactions in March 2015. This resulted in an increase of 14.7 per cent from 947 in March of last year. “The number of sales increased significantly year-over-year, however, we are still seeing less inventory compared to the […]
Continue readingHome Sales Soaring Higher
DURHAM REGION, March 4, 2015 – Durham Region Association of REALTORS® (DRAR) President Sandra O’Donohue reported 728 residential transactions in February 2015. This result is up 13.9 per cent from 639 in February of last year. “Inventory remained almost the same year-over-year with 1,085 new listings entering the market compared to 1,073 in February of […]
Continue readingAre You A Proactive or Reactive Investor?
I have met thousands of real estate investors over the last 10 years. One of the key pieces of the success that I have witnessed in the most successful of these real estate investors is their ability to be proactive rather than reactive. The proactive person is somebody who knows that a problem will occur, […]
Continue readingHousing Market Keeping Warm
DURHAM REGION, February 4, 2015 – Durham Region Association of REALTORS® (DRAR) President Sandra O’Donohue reported a strong start to 2015, with 512 residential transactions in January. This result is up 5.8 per cent from 484 in January of last year. “We also saw 884 new listings enter the market during January 2015, which is […]
Continue readingRecord High Sales and Average Prices for 2014
DURHAM REGION, January 7, 2015 – Durham Region Association of REALTORS® (DRAR) President Sandra O’Donohue reported 10,841 residential sales through the MLS® System in 2014, including 478 in December. The 2014 sales result represents a 5.1 per cent increase compared to 10,312 sales in 2013. “Historically, this is the highest number of sales that the […]
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