Shannon Billings

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Compass Connection & Monthly Market Update – June 2024

June 12, 2024

Monthly Newsletter & Market Update

The last two years have proven that June has been the turning point of either continued market gains or the beginning of a decline…

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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.

3 days ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
What is a property down payment? Itโ€™s the amount you pay upfront based on the homeโ€™s purchase price- your mortgage covers the rest.๐Ÿกโœ… 5% minimum on the first $500,000โœ… 10% on the portion from $500,000 to $1,499,999โœ… 20% downpayment is needed for homes priced over $1,500,000 ๐Ÿ’กIf a buyer can put down 20% or more they will not require mortgage insurance! ...#downpayment #mortgagetips #homebuying101 #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.

5 days ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
๐Ÿ“ข๐Ÿ“ข๐Ÿ“ข REMINDER to enter my Lโค๏ธVE LOCAL contest...This month's local business feature is PINGLE'S FARM MARKET ๐Ÿง‘๐Ÿผโ€๐ŸŒพA destination farm with fun for the whole family! The market is open year round, 7 days a week. The farm hosts events & activities, Pingle's playland, annual harvest festival and pick-your-own crops that change seasonally.You-pick berries ๐Ÿ“, lavender, sunflowers ๐ŸŒป, pumpkins ๐ŸŽƒ, plus a year-round market with fresh produce ๐ŸŒฝ๐ŸŒฝ๐ŸŒฝbakery ๐Ÿฉ๐Ÿง, pizza ๐Ÿ• & meats ๐Ÿฅฉ. ๐Ÿ‘‰To ENTER click on the LOVE LOCAL CONTEST button on my website: www.shannonbillingsrealtor.com...#lovelocal #supportlocal #buylocal #realestateagent #realtor #durhamregion #clarington #newcastle #bowmanville #courtice #oshawa #whitby #remax #remaxjazz #shannonbillingsrealtor #compassrealestate #findingyourdirection #pinglesfarm ... 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
๐Ÿ“Š MONTHLY MARKET UPDATE ๐Ÿ“ŠHere are the latest ๐Ÿ“‰ market stats ๐Ÿ“ˆ for The Regional Municipality of Durham...Market activity across our Region reflects the nuances of each local area," stated CLAR President Christine Riley. "We are seeing positive momentum in many communities, with each local market moving at its own pace. The insight and expertise of a local REALTORยฎ are more important than ever." ๐Ÿ  Durham Region recorded 817 sales in June 2025, with an average price of $891,662, down from 877 sales and an average price of $956,428 in June 2024. However, market activity remains strong, with both new listings and active listings showing year-over-year increases ๐Ÿ“ˆ at 2,282 and 2,925, respectively, compared to 2,232 and 2,181. ๐Ÿ“ข "The Ontario governmentโ€™s new Bill 17: Protecting Ontario by Building Faster and Smarter Act, 2025, which received Royal Assent on June 5th, marks a promising step forward. By streamlining regulations, providing the ability to defer development charges, and limiting some costly zoning rules, the bill is designed to improve affordability and availability across the province. Weโ€™re encouraged by this focus on supporting attainable housing for Ontarians,โ€ stated CLAR Chief Executive Officer, Wendy Giroux. โ“ 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 #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
Yes! Child Care Benefit income can be used with most lenders for kids aged 13 or under - and even up to age 15 with some alternative lenders.Itโ€™s a great way to boost your qualifying income!๐Ÿก #mortgagequalification #mortgagetips #mortgageterminology #remax #remaxjazz #shannonbillingsrealtor #compassrealestate #findingyourdirection ... See MoreSee Less

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2 weeks ago

Shannon Billings - RE/MAX Jazz Inc., Brokerage
โœด๏ธ CLOSING DAY โœด๏ธ A big congratulations to my first-time home buyer ๐ŸŽ‰Another first-time buyer reached the milestone of home ownership! She is delighted to be setting down roots in a place to call her very own. With a tight budget to work with we saw it all during the search - the good, the bad and the ugly. Thankfully we shared some laughs along the way making a lighthearted journey out of a stressful time. Accepting guidance and advice, along with a step-by-step approach, ensured success. She was able to make informed decisions and with all her ducks in a row was able to act quickly when the right home came into her view. What a dream to work with! Welcome home๐Ÿก ...#realestate #realtor #firsttimebuyers #home #property #detached #condo #forsale #sold #durhamregion #clarington #newcastle #bowmanville #courtice #oshawa #Whitby #remax #remaxjazz #hannonbillingsrealtor #compassrealestate #findingyourdirection ... See MoreSee Less

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Shannon Billings

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