

2023 Real Estate Market Outlook (And What It Means for You)

Are you having a hard time getting your mind around the real estate market? Do you feel paralyzed by either the Fear Of Missing Out (FOMO) or the Fear Of Over Paying (FOOP)? If you were ready to make a move earlier this year but didn't act and now you have been watching prices fall and still feel stuck, then why not get some help by having The Jenkins Team and our trusted mortgage brokers involved to help you fully understand the reality of this market and whether now is a good time to buy or
It's a tough real estate market right now for Buyers and Sellers. Home prices in Durham Region exploded in January jumping on average 31.0% over January 2021. That's an insane 79.2% over the pre-pandemic January in 2020. Let's put that into perspective, a home with a value of $650,000 at the beginning of January 2020 would sell for about $1,165,000 by the end of January 2022. Does that make you wonder what your home may be worth?