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PORT PERRY STAR ESTATE & CLASSIFIED ADVERTISING VOL.1 No. 13 - FIRST CHOICE REAL ESTATE - TUESDAY, DECEMBER 12, 1989 Published weekly by the Port Perry Star REDUCED TO $205,900. - SCUGOG ISLAND: Three bedroom brick bungalow with potential of 4th bedroom if required. Spacious living room with. French doors. Main floor faundry and 12 baths. Kitchen and dir. .g area overlooking the lake. Family lounge in solid oak with wet bar, oak built- ins and floor, woodstove in brick setting. New upgraded broadloom. Tasteful- ly:decorated throughout with custom drapes and dishwasher included. Just 'move in and enjoy. Super large deck with iron railings. Garage with elec-' tronic opener and a hobby barn with loft. Possession to suit the purchaser, now vacant. Please call Marj. Tripp at 985-8041 or 985-7606 res. LOTS OF FAMILY - BUT NOT LOTS OF CASH?? $145,000. Four bedroom home just east of Port Perry. Finished basement with woodstove. Newly carpeted upstairs. New drywall and flooring. Windows, roof and basement are 2 years new. This home shows to perfection and is a must to view if you're a first time buyer. Vendor has been transferred and is anxious to sell. Call Ann Beacock 985-8041 or res. 985-3693. | TO VIEW THESE PROPERTIES CALL ... 985-8041 Doct Perey Shar An Award Winning Community Newspaper Serving Port Perry & Scugog Township since 1866 Warning of special Christmas hazards With all its joy and family gatherings, the holiday season brings a special set of hazards. By following the Ontario Real Estate Association's holiday checklist, you'll be alerted to potential pro- blems and Be free to enjoy the season's celebrations. When purchasing outdoor lighting, buy only equipment that has been designated for outdoor use. Look for the CSA mark for protection from fire and shock hazards. When working with outdoor wir- ing, be sure to turn off the elec- tricity and use only electrical cords designed for exposure to weather, Run the cords above the ground, if possible draped over wooden stakes high enough to keep them out of puddles and snow. Do not use metallic fastening devices, such as nails or tacks, to hold strings of outdoor lights in place. Use insulated tape to at- tach electrical cords to buildings. And be careful not to tape the cords over or along metal eavestroughs or to piece the wire insulations. You can also pur- chase outdoor lights that have special fasteners that clip onto (Tum to page 2) 'Home prices remain stable, while sales After four years of 'boom' con- ditions in the real estate industry, the present housing market reflects the calmer pattern of previous years. Statistics from the Oshawa and District Real Estate Board show average prices remain steady, while the volume of sales has dropped slightly. A slow-down in home buying generally occurs as the Christmas season approaches. The effect of external pressures on this traditionally slow market period concerns Board officials. The federal government's Goods and Services Tax (GST) proposal could prove extremely detrimen- tal to homebuyers by imposing a 5 percent tax on 'increased con- sumption' or equity on resale . homes. Durham REALTORS are continuing to strongly oppose the GST through their local Board and their national association in Ottawa, the Canadian Real Estate Association. The Oshawa and District Real Estate Board (ODREB) is con- cerned by the adjustment of in- terest rates by some major lenders this week. "The future of interest rates is now very difficult to predict," states Dave Tonkin, President of ODREB. . "It appears that rate ad- continue to slump justments were the result of con- sumer investment patterns, par- ticularly with respect to short- term Guaranteed Investment Certificates (GICs). Lenders draw. upon short-term GICs for their mortgage and loan business. We feel this may preclude lenders from being able to lower rates in the near future unless the Bank of Canada intervenes." SALES September - 1988 - 459; 1989 - 446; Percent change -3 percent. October - 1988 - 574; 1989 - 433; Percent change +25 percent. November - 1988 - 572; 1989 - 407; Percent change -29 percent. AVERAGE PRICE September - 1988 - $161,639; 1989 - $183,524; Percent change - plus 14 percent. October - 1988 - $161,939; 1989 - $182,660; Percent change - plus 13 percent. November 1988 - $163,874; 1989. $183,332; Percent change - plus 12 percent. LISTINGS September 1988 - 739; 1989 - 1097; Percen§ change - plus 48 percent, * : October - 1988 - 800; 1989 - 1129; Percent change - plus 41 percent. November 1988 - 661; 1989 - 913; Percent change - plus 38 percent.