Lake Scugog Historical Society Historic Digital Newspaper Collection

Port Perry Star, 14 May 1996, p. 5

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"A Family Tradition for 130 Years" PORT PERRY STAR - Tuesday, May 14, 1996 -5 Sates climbed steadily this spring Real estate agents see | hope in early 96 figures By Jeff Mitchell Port Perry Star Real estate agents in Durham are looking ahead with optimism after a slight boom in the mar- ket during the first three months of the year. Statistics showed the number of sales in the re- gion increasing signifi- cantly month to month in the first quarter of 1996, the Durham Region Real Estate Board has report- ed. "While our home prices are not soaring, the num- ber of sales reported cer- tainly has," said board president Dean West. He said the sales activity here could be indicative of an ongoing economic recov- ery, but couched any pre- dictions with caution: "It will take a few more months before we will be able to confidently say a real estate recovery is sus- tainable." Mr. West points to two factors in the upswing: Lower interest rates that make now a good time to buy, and a "pent-up" con- sumer population who have decided to make a move after waiting months and years to buy and sell. "I think there's a little bit of pent-up demand," he said. "People put off the _ major purchases for a p-m. Plant sale's at museum Monday Scugog Shores Museum will be kicking off the sum- mer season with its annual giant yard and plant sale on Victoria Day, Monday, May 20 from 8 a.m. to 3 There are many items both older and newer includ- ing books available. New this year is a plant sale in- cluding seeds, seedlings and plants. If you have any items that you would like to donate, please call (905) 985-3589 to arrange pickup. There is time, and then take the leap. "In certain segments of society there is optimism, and there is job security." Add to that favorable in- terest rates and lower list- ings, and the climate is right, said Mr. West: "The opportunity is there, so they're takingit." The board's numbers showed a steady increase in sales from January to March, with homes sell- ing, on average, for 96 per cent of their list price. Sin- gle family detached homes accounted for 478 of the 719 homes sold during March. Sales are typically high- er during the spring months, from February to June. But even that busy season has fallen flat in times of high interest rates and uncertainty among consumers. ' Mr. West said there may be some hope in indicators such as real estate and. auto sales, the big-ticket items .that relate confi- dence and security. "We are basically a ba- MARY SANCHEZ/PORT PERRY STAR DRAMA AWARDS: Six OAC students were honored last Thursday with the Graduating Student Award at Port Perry High School's drama festival, Drama Rama. In order to be eligible for the award, the student must have a juniorand a senior drama credit, as well as at least four extra curricular drama related activi- tiles. Those who received the award are (front row left) Amanda Powell, Tracy Doyle, Brad Goreski, (back row left) Tracy McCullough and Kyle Brough. Not pic- tured, Robin Butler. rometer of the general economy," he said. also space available for rent to sell your own for $10. EE x BP oN 37 ) A C) Bs A CD B= ® - = # BDJyi $ pds 3 Gigantic Days on Thursday. Friday Saturday | May 16 May 17 May 18 | WITHTHE LAW! | NE ® attresses & eep Sets ° ealy & g KO = =Je)"A {= $ ale 3 : : oli{=I=MEe][= You NEED SOMEONE ON YOUR SIDE! Bedroom Odds & Enc The law office of Randy Hoban has arranged with i = JLL an experienced criminal lawyer, Dennis Lenzin | At the old A zl ololg gf =1V]l[o]lg]e Noy RI(=17-TsN ol Na fo to be available at his office in Uxbridge 3 © South ofthe 40 Ushawa from the hours of 5:00 pm to 9:00 pm actor Trailers A q Ds Hwaor 4 2 ' every Thursday evening. 3 X (,5 [alive ATETIE = 3 | BLOOR ST. 2 8 Q Lam BRIDGE A | If you need the help of a criminal lawyer, please call: by iv a ge." Foot 852-3900 for an appointment with Mr. Lenzin. a ------ Emergency Number 416-869-3422 ©. ® L N\® a, - i ---- RANDALL B. | di Hosa Barrister ¢ Solicitor ---- 9A Bascom Street Uxbridge

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