Shannon Billings

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Compass Connection & Monthly Market Update – February 2025

February 24, 2025

Monthly Newsletter & Market Update

The early months of 2025 have seen significant shifts in the real estate market, largely influenced by unpredictable winter weather…

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Shannon Billings - RE/MAX Jazz Inc., Brokerage

Shannon Billings - RE/MAX Jazz Inc., Brokerage

Let your heart be your compass, your mind your map, your soul your guide and you will never get lost.

Shannon Billings - RE/MAX Jazz Inc., Brokerage is at Shannon Billings - RE/MAX Jazz Inc., Brokerage.

6 days ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
📝 A mortgage disclosure displays all the costs included in a mortgage transaction. It guarantees the buyer is fully informed of the mortgage details and payment obligations they are consenting to📑 Some of the most common mortgage fees include: ✔️ Title Insurance✔️ Lender Fees✔️ Appraisal✔️ Land Transfer Tax All mortgages can heavily vary in the required fees, but your mortgage broker will be able to provide an accurate overview!🏠...#mortgagetips #mortgageterminology #remax #remaxjazz #shannonbillingsrealtor #compassrealestate #findingyourdirection ... See MoreSee Less

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Shannon Billings - RE/MAX Jazz Inc., Brokerage is at Shannon Billings - RE/MAX Jazz Inc., Brokerage.

1 week ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
📊 MONTHLY MARKET UPDATE 📊Here are the latest 📉 market stats 📈 for The Regional Municipality of Durham...“We’re seeing both sales and active listings trend upward ⬆️ across our Region compared to last month, suggesting cautious optimism among buyers and sellers,” said CLAR President Christine Riley. “The Bank of Canada’s recent decision to maintain its overnight lending rate at 2.75% provides some welcome stability ⚖️ although uncertainty around trade continues to weigh on consumer confidence. Some buyers may still be waiting for greater clarity.” 🏠 In Durham Region, 850 homes were sold in May 2025, with an average sale price of $905,702. While both figures are slightly lower than May 2024 (907 sales with an average price of $954,942), market activity remains steady. Notably, active listings surged 📈 by 48% to 2,798, and new listings grew by 18% to 2,461, offering buyers more choice. 📢 “As all levels of government have acknowledged, housing affordability remains one of the most pressing issues facing Canadians,” said CLAR CEO Wendy Giroux. “Now, we need meaningful action. That means accelerating infrastructure investment, cutting ✂️ red tape for new developments, and empowering municipalities to expand affordable housing supply. Every home sold and every new build contributes significantly to our economy💲With inflation remaining low ⬇️ and interest rates holding steady ⚖️ market stability is encouraging—but additional support is critical for first-time buyers and those facing mortgage renewals in today’s climate.” ❓ How does this current market affect your home value? Let's review the data for your specific home! Looking to buy or sell? DM me, or call or text 905-259-5580....#realestate #realestatestats #howsthemarket #housingmarket #marketstats #realtor #home #property #forsale #sold #durhamregion #clarington #newcastle #bowmanville #courtice #oshawa #whitby #remax #remaxjazz #compassrealestate #shannonbillingsrealtor #findingyourdirection ... See MoreSee Less

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Shannon Billings - RE/MAX Jazz Inc., Brokerage is at Shannon Billings - RE/MAX Jazz Inc., Brokerage.

1 week ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
🏡 OPEN HOUSE 🏡75 Turnberry Cres, CourticeSunday, June 8th 2-4pm ☑️ Attractive updated 3+1 bedroom / 3 bathroom☑️ Open concept main floor with beautifully updated kitchen and main floor laundry ☑️ Fenced backyard with above ground pool, and no neighbours behind☑️ Separate side entrance to self-contained basement Studio suite with an open concept kitchen/living pace with Murphy bed, 4 pc bath and separate laundry.☑️ Short walk to schools, shops, dog park, arena and parks, and nearby to Hwy 401 & Hwy 418 for easy commuter routes.See full listing 👉myre.io/0R2bwNUcCYThReach out to book your personal viewing appointment today!📞905.259.5580📨 sbillingsrealtor@gmail.comListing agent: Jane West...#openhouse #newlisting #justlisted #forsale #home #property #detached #realestate #durhamregion #clarington #newcastle #bowmanville #courtice #oshawa #whitby #remax #remaxjazz #compassrealestate #findingyourdirection*Not intended to solicit those already under contract. ... See MoreSee Less

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Shannon Billings - RE/MAX Jazz Inc., Brokerage is at Shannon Billings - RE/MAX Jazz Inc., Brokerage.

1 week ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
🏡 JUST LISTED 🏡75 Turnberry Cres, Courtice☑️ Attractive updated 3+1 bedroom / 3 bathroom☑️ Open concept main floor with beautifully updated kitchen and main floor laundry ☑️ Fenced backyard with above ground pool, and no neighbours behind☑️ Separate side entrance to self-contained basement Studio suite with an open concept kitchen/living pace with Murphy bed, 4 pc bath and separate laundry.☑️ Short walk to schools, shops, dog park, arena and parks, and nearby to Hwy 401 & Hwy 418 for easy commuter routes.See full listing 👉myre.io/0R2bwNUcCYThReach out to book your personal viewing appointment today!📞905.259.5580📨 sbillingsrealtor@gmail.comListing agent: Jane West...#openhouse #newlisting #justlisted #forsale #home #property #detached #realestate #durhamregion #clarington #newcastle #bowmanville #courtice #oshawa #whitby #remax #remaxjazz #compassrealestate #findingyourdirection*Not intended to solicit those already under contract. ... See MoreSee Less

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Shannon Billings - RE/MAX Jazz Inc., Brokerage is at Shannon Billings - RE/MAX Jazz Inc., Brokerage.

2 weeks ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
Lenders look at how much equity you have in your home. If there’s enough to cover both your first and second mortgages, you could qualify! 🏠You can usually access up to 80% of your home’s value, minus what you still owe on your first mortgage....#secondmortgage #mortgageapproval #homeequity #mortgagetips #remax #remaxjazz #shannonbillingsrealtor #compassrealestate #findingyourdirection ... See MoreSee Less

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Shannon Billings

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