What is your Walk Away Number?

By: Michelle Makos

What is your Walk Away Number?

Tags: Bidding war, multiple offers, Pickering home selling

Hey everyone, Just thought I would give you a quick update with what is happening in the market out here.   Buyers are completely frustrated and so are the agents.  The prices are going up every day.  This weekend a house in Whitby listed for 7 something sold for over ONE MILLION dollars... Complete craziness. So I guess what I am trying to say is work with someone you trust. &nbs...Read More

January 2017 TREB Market Watch Released

By: Michelle Makos

January 2017 TREB Market Watch Released

Tags: Home Prices in Toronto and Durham Region, Pickering Home Prices, Market Prices, Housing Prices, Home Sales, House Price Stats, Selling my Home, Pickering Real Estate Market

No surprises here !  Market up 11.8% in sales compared to January 2016 and the prices are up 22.3%.   If you are thinking of selling, this might be the year to capitalize on the equity in your home and the strong housing market.  For a more in depth analysis of your home and what I can do for you, let me know.   TREB January 2017 Market Watch from Michelle Makos ...Read More

Average Selling Price - Durham Region December 2016

By: Michelle Makos

Average Selling Price - Durham Region December 2016

Tags: Average Selling Prices, Durham Region Prices, Selling your home, prices in Pickering, Pickering home prices, Ajax prices, Whitby prices, Oshawa home selling prices, market prices in December 2016, selling my house, real estate agent durham

  Another increase ~ Homes up over 20% from same time last year... WOW !   ...Read More

December 2016 Market Watch - Another Record Year

By: Michelle Makos

December 2016 Market Watch - Another Record Year

Tags: real estate prices, buying a home, average selling price, December 2016 house prices, housing market, market research, December 2016 final market report

WOW - OVER A $200,000 INCREASE IN AVERAGE HOME SELLING PRICE SINCE DECEMBER 2013 TREB December Market Watch 2016 from Michelle Makos   Interesting Fact - December 2013 - Average Selling Prices was $520,398 and December 2016 - Average Selling Price is $729,922... not a bad return on investment ! For more information if buying or selling a home, feel free to contact me for personal and pr...Read More

2017 - What's next?

By: Michelle Makos

2017 - What's next?

Tags: 2017 housing prices, multiple offers, homes for sale in Pickering, buying a home in 2017, what you need to know when buying a home, market predictions for 2017, Durham Region Realtor, find your dream home, what to do when buying a home

Happy 2017 everyone... just a quick message as the website has had many visitors over the past two weeks and I don't want anyone to get discouraged.  The listings have been few and far between over the holidays as most sellers are waiting for "normal" to return to the workplace and kids to be back at school etc.   Today, TREB released the market stats for Decemb...Read More

Average Durham Housing Prices - November 2016

By: Michelle Makos

Average Durham Housing Prices - November 2016

Tags: House Prices in Durham, Michelle Makos, Royal Heritage Realty, Durham homes, Selling your homes, Home worth, What is my home worth

Well as we wait to see what the December numbers are, here are the November numbers released from the Durham Region Association of Realtors. The numbers speak for themselves.      I will be sure to post the year end numbers for 2016 as soon as they are released. At this time I would like to wish everyone a happy, healthy and prosperous New Year.   Looks like it is going t...Read More

2006 vs. 2016 - Who Knew?

By: Michelle Makos

2006 vs. 2016 - Who Knew?

Tags: House Prices in Toronto, 2006 vs 2016, Housing Market, Investing in Real Estate, Michelle Makos, Toronto Home Prices, Selling Your Home

Well there you have it my friends !!   Anyone who bought in 2006 is in a good position as far as real estate.  The increase is 264% increase... Talk about crazy ! So can this continue into 2017... we will have to wait and see but TD Bank has increased their mortgage rates and I am sure more will follow.  Something has to slow this down.. if you are thinking of selling, now is the...Read More

High Ratio Mortgages and Financing - What Buyers Need to Know

By: Michelle Makos

High Ratio Mortgages and Financing - What Buyers Need to Know

Tags: Credit Scores, New High Ratio Mortgages, Financing Your Home, New Rules in Mortgages, Real Estate, Michelle Makos

Hi Everyone, Since all the new rules for financing have changed, I thought I would give you a quick outline of how a high ratio mortgage would work and what you need to qualify. First of all, at least one borrower must have a minimum credit score of 600.  Your credit history must be good with established credit history, reasonable monthly payments and amount of debt vs income, # of credit c...Read More

THE UGLY SIDE OF REAL ESTATE

By: Michelle Makos

THE UGLY SIDE OF REAL ESTATE

Tags: real estate, open houses, double ending, CBC marketplace, RECO, ethics, Michelle Makos, Homes for sale in Pickering, Real estate marketplace, bidding wars, multiple representation,

®   THE UGLY SIDE OF REAL ESTATE   Posted above is the excerpt from the recent CBC Marketplace episode which aired Friday November 4th.    Not only was I shocked to see such actions but truly disheartened.  Most of the agents I work with are true professionals and work very hard for their clients.   I personally have NEVER double ended a deal.  These...Read More

October 2016 Market Watch

By: Michelle Makos

October 2016 Market Watch

Tags: Market conditions in Pickering, Home stats, Market Prices, Michelle Makos, Selling Your Home, home sales, sales growth, real estate, durham home sales, durham housing stats

  October Market Watch is Here ! from Michelle Makos   No surprises here ! October Average Prices for a detached home  Ajax $713,929 - Pickering $793,507 - Oshawa - $509,701 - Whitby $724,268 - Aurora $1,212,402 - Oakville $1,311,536 - Mississauga $1,009,971 - Richmond Hill $1,531,618 -  Same Time last year  October 2015 TREB stats and Pickering average deta...Read More