By: Jacqueline Pennington

Northumberland Housing Market Update-January 2018

Tags: housing market update, homes for sale, port hope homes for sale, cobourg homes for sale, Grafton homes for sale, Colborne homes for sale, Cobourg real estate, Port Hope Real Estate, Grafton Real Estate, Colborne Real Estate

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By: Jacqueline Pennington

Northumberland Housing Market Update-January 2018

Tags: Housing market update, homes for sale, port hope homes for sale, cobourg homes for sale, Grafton homes for sale, Colborne homes for sale, Cobourg real estate, Port Hope Real Estate, Grafton Real Estate, Colborne Real Estate

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Dirty Double Ending

By: Jacqueline Pennington

Dirty Double Ending

Tags: CBC, market watch, double ending, RECO, multiple representation, Port Hope Classic Homes, OREA, Cobourg homes for sale, port hope homes for sale, colborne homes for sale, Grafton homes for sale, real estate agents,

Many of us will remember the CBC Marketplace episode on Realtors breaking the rules of multiple representation on hidden camera. Although it garnered much media and real estate industry attention, I don't think many of us were really that surprised by what we saw.  Reviewing the data in our local Northumberland market, just over 10% of sales are "double-ended" meaning both the ...Read More

Northumberland Housing Market Update-2017

By: Jacqueline Pennington

Northumberland Housing Market Update-2017

Tags: Cobourg houses for sale, Port Hope houses for sale, Northumberland houses for sale, Grafton houses for sale, Cobourg real estate agent, Port Hope Real Estate Agent, Grafton Real Estate, Colborne Real Estate, Cobourg RE/MAX, Port Hope RE/MAX

After nearly a decade in real estate, I thought I had experienced most elements of the market. That was until 2017, which can only be summed up as a roller coaster. 2017 began with a flurry of activity never seen before in Northumberland, and Realtors and clients alike were scurrying to understand and adapt. Because Northumberland has a diverse range of a real estate available (from condos, farms,...Read More

By: Jacqueline Pennington

Annual Market Update 2016

Tags: Annual Market Update 2016

Welcome to “Pennington’s Perspective: Annual Market Update” where we look back on 2016 and on how our local real estate market performed. 2016 was one of the most interesting years I've seen since joining the industry. Multiple offers have become a common occurrence as we welcome to Northumberland County more and more of our neighbors from the GTA. Near the end of 2016, ...Read More

By: Jacqueline Pennington

The Sky Is Falling!

Tags: The Sky Is Falling!

If you’re like me, your newsfeed has been filled with doom and gloom for the Canadian housing market articles following Finance Minister Bill Morneau's speech on Monday. I’ve been in real estate for sometime now and in that time I’ve noticed a trend: the Finance Minister announces some changes, the media takes a hold of it, and the next thing you...Read More

By: Jacqueline Pennington

Getting back to business!

Tags: Getting back to business!

As you may be aware, my husband and I welcomed the arrival of our second child a few weeks ago. Our little Elizabeth Pearl was born June 23rd, and I’ve taken the last couple weeks off to rest and help our family settle into our new routine. I’m extremely grateful for all of the support I’ve received from both my clients and coworkers; in particular Al Switzer who looked afte...Read More

By: Jacqueline Pennington

Annual Market Update 2015

Tags: Annual Market Update 2015

Welcome to “Pennington’s Perspective: Annual Market Update” where we look back on 2015 and on how our local real estate market performed. 2015 was an exciting time to be a Realtor in Northumberland. You likely noticed that many 'For Sale' signs that popped up were quickly followed by 'Sold' signs. Multiple offers for properties and buyers having to compete used ...Read More

By: Jacqueline Pennington

CHMC Changes got you down? Time to move to Northumberland!

Tags: CHMC Changes got you down? Time to move to Northumberland!

Today the big news in real estate is that CMHC announced changes to the requirements for insured mortgages. Effective February 2016 insured mortgages on homes valued over $500,000 will now require a 10% down payment for the portion of the home value that exceeds $500,000. This news has created a lot of buzz in the real estate industry, specifically what will this mean for th...Read More

By: Jacqueline Pennington

Your Northumberland Holiday Activity Guide!

Tags: Your Northumberland Holiday Activity Guide!

It’s hard to believe but the holidays are just the corner! One of the best things about life in Northumberland is that when it comes to celebrating the holiday season there is no shortage of parades, events, and festivities throughout our towns and villages. The hard part is knowing when and where everything is taking place! With that in mind I’ve created your one stop weekend guide to...Read More