Durham Region Real Estate Blog

Buying your first home can be both exciting and scary at the same time.  It is likely going to be one of the biggest decisions of your life so far, so it makes sense to get all the information you can up front.  This article deals with programs that can help you with the financial side of the process.

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For those of you contemplating buying your first home, the dream is both exciting and daunting at the same time.  Homeownership can be very satisfying but comes with costs and responsibilities and the process can be intimidating.  This article will help break down the process and give you confidence in tackling this dream!

Do I Qualify...

With the information gathered in Part 1, you should have an idea of how much payment you can afford, as well as an idea of what kind of down payment you can come up with.  

Get Pre-Approved!

Along with your Realtor and Mortgage Broker or bank mortgage specialist, you should be able to come up with a price range for homes. At this time, you should...

Last update November 2, 2023, at 1:00 p.m.

High interest rates and inflationary concerns continued to drive the real estate market in Durham Region this October with inventory levels rising to a high point for the past year, and sales volume dropping below summer levels when they would normally be rising.

Even with the increase in inventory, multiple offer...

Last update Sep 6, 2023, at 11:15 a.m.

The real estate market in Durham Region is starting September with conditions that still favour sellers in most (but not all) price points and locations, even though there are signs that the market has relaxed. Inventory levels have reached a high point for the past year, and multiple offer situations are receding....

Last update August 3 2023, at 11:10 am

July has come and gone, and the real estate market in Durham Region showed a seasonal drop in sales volume, an increase in inventory and a dip in sales prices. The pace of sales weren’t strong enough to keep pace with new listings, allowing prices to drop off in all areas of Durham, though selling prices remained...