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June 2024 Market Update: Orangeville | Shelburne | Dufferin County

Step into the latest chapter of Dufferin County's real estate saga: June 2024 update unfolds!In a surprising turn, despite abundant inventory, several areas swung back into a Seller's market.Early in June, the Bank of Canada's unprecedented 0.25% interest rate cut marked its first decrease in over 4 years. This announcement was a welcomed relief for homeowners and buyers alike, easing the challenge of home...

January 2024 Market Update: Orangeville | Shelburne | Dufferin County

Welcome to your detailed update on the latest real estate market trends of Orangeville, Shelburne and all of Dufferin County for January 2024. We seem to be experiencing an early start to the spring market. Just as the BOC announced yet another rate hold, the 4th consecutive hold since the last increase in July 2023.  Buyer confidence has come back, the number of people obtaining their pre-approvals have...

Should You Buy a Property that May Need Expensive Repairs or Upgrades?

Imagine you’re shopping for a new home and come across a listing that seems ideal. It’s in a great neighbourhood. It has all the characteristics on your “must-have” list. You can see yourselfliving there. However, there are a couple of serious maintenance issues that are likely to need attention within the next year or two. For example, the roof shingles need replacing or the wiring needs to be...

January 2024 Market Update: Orangeville | Shelburne | Dufferin County

Welcome to your detailed update on the latest real estate market trends of Orangeville, Shelburne and all of Dufferin County for January 2024. We seem to be experiencing an early start to the spring market. Just as the BOC announced yet another rate hold, the 4th consecutive hold since the last increase in July 2023.  Buyer confidence has come back, the number of people obtaining their pre-approvals have...

Navigating Real Estate Markets: Buyer's, Seller's, and Balanced Markets Explained

Navigating Real Estate Markets: Buyer’s, Seller’s & Balanced Markets Explained

In real estate, the terms “buyer’s market,” “seller’s market,” and “balanced market” are used to describe the conditions of supply and demand in the housing market. These conditions can greatly influence the dynamics of buying and selling homes so it’s important to understand what market you are in. In this post, I will explain how you can determine what type of market you are in and how that may affect you.

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