WELCOME TO THE ABTEAM OCTOBER BLOG! October is harvest season in North America, and here, in our local real estate arena of the beautiful Durham Region, we currently have a bountiful supply – a veritable cornucopia of housing offerings -- ready to be harvested!  Truly, as a collective, the real estate industry is hoping that the Fall 2024 market ushers in a rebound in consumer confidence for the housing market that persists past just one or two quarters; a steady,... [read more]

IT ’S GOOD TO BE A CANADIAN AND EVEN BETTER IF YOU LIVE IN THE DURHAM REGION! In the real estate arena, we’re seeing a shift of seismic proportions; inventory has increased dramatically since March, with no end in sight to the deluge of listings entering the marketplace. It’s great news for buyers, who now have a selection of homes to choose from, and we hope that translates to a further influx in migration from Toronto to our area. For sellers, it means strategy and... [read more]

J U N E ’ S  J U S T  J A Z Z Y ! This month is, without question, a pivotal month on the calendar. With the recent rate cut announcement from the Bank of Canada on June 5th and the rate was cut by 25 basis points for first time since 2020. The central bank's key interest rate now stands at 4.75%, down from 5%!  Stay tuned for the next rate announcement on July 24th, 2024. The last two years have proven that June has been the turning point of... [read more]

5 Reasons Selling Without an Agent is a Bad Idea: Do-it-yourself projects are in vogue these days. You can find advice online for everything from investing in crypto-currency to tearing down the living room wall. When considering the cost of moving, it’s natural to wonder if real estate commissions are one way to save money, but it would be a mistake. A good real estate agent might make it seem easy, but the fact is that selling your own home could actually cost you thousands of... [read more]

There is a lot of attention paid to first-time homebuyers. Most real estate agents and lenders have some kind of guide to help first-time homebuyers navigate their first home purchase, but what about the first-time seller? Selling your home for the first time can be just as confusing as a home purchase, so here are a few things to remember as you navigate your home sale. Before that first showing, it’s important to prepare. This involves not only cleaning, decluttering, and staging... [read more]